Most of the world's energy resources are being supplied by fossil fuels like coal, oil and natural gas. But the world's dependence on fossil fuels is no good for several reasons. One is the fact that coal, oil and gas will eventually run out. No one knows exactly when, but the US Department of Energy says we have roughly 104 years of fossil fuels left, and that's if global consumption stays the same, which it probably won't. It's been estimated that by the year 2020, world energy consumption will increase 50 percent. So it's a matter of decades before the world runs out of its main source of fuel. Another problem caused by burning up 350 quadrillion BTUs of fossil fuel a year, is the creation of a substantial amount of carbon dioxide, which is contributing to global warming and the subsequent melting of the ice-caps. And of course air pollution threatens human health and that of the planet. The solution to all this is to find energy sources that are clean or green, and preferably won't run out. Green fuel is something the whole world knows it will have to invest in sooner or later. Iran is one of the nations trying to reduce its dependence on fossil fuels. Watch this video on our website: www.presstv.ir
In the News:
 Al-Bawaba | South Korean Imports of Iran's Crude Drop in June From Year Ago Bloomberg South Korea won a renewable, 180-day exemption from U.S. financial sanctions on its banks after it demonstrated it had “significantly reduced” its purchases of Iranian oil, U.S. Secretary of State Hillary Clinton said in an e-mailed statement on June 28. S. Korea cuts back on Iranian oil importsUPI.com all 93 news articles » |
 FuelFix (blog) | China, Singapore Exempted From US Iran Oil Sanctions Bloomberg The U.S. granted renewable, 180-day exemptions on March 20 to Japan and 10 European Union nations. India, South Korea, Turkey, South Africa, Malaysia, Sri Lanka ... that could support producing nuclear weapons. Iran says the program is for peaceful ... Iran, Oil, and the Politics of SanctionsNational Journal (blog) Iran Prepares for EU Sanctions Which Take Full Effect on 1st of JulyOilPrice.com US exempts China, Singapore from Iran sanctionsPlatts FuelFix (blog) -US Department of State (press release) -PanOrient News all 2,218 news articles » |
AC//DC Plays at Full Blast as Another Virus Attacks Iran's Nuclear Facilities OilPrice.com A scientist at Iran's Atomic Energy Organisation sent an email to the internet security site F-Secure Security Labs to inform them that once again the country's nuclear industry has been attacked by a virus. The worm targeted the nuclear program and ... |
 AFP | Iran says foreign presence 'real threat' to security in oil-rich Persian Gulf Platts Iran's foreign ministry said Tuesday that the presence of foreign forces constituted a "real threat" to security in the oil-rich Persian Gulf as US Secretary of State Hillary Clinton declared that Washington would use "all elements of its power" to ... Gulf Tensions Cloud Oil MarketsOilPrice.com U.S., Allies to Stage Persian Gulf Region Minesweeping DrillBloomberg all 686 news articles » |
 FuelFix (blog) | Crude futures settle higher, reversing on US/Iran sanction news Platts The US added sanctions on Iran, pointing to its "nuclear and missile proliferation activities" and citing "front companies involved in Iran's oil trade," the Treasury Department said Thursday. Also, a shipping line in the United Arab Emirates, plus 57 ... Oil Drops on Demand Concern Amid Signs Economy SlowingBloomberg Oil prices fall to near $85 a barrel in AsiaFuelFix (blog) Oil prices rise after China GDP dataProactive Investors USA & Canada all 1,550 news articles » |
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