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Friday, May 10, 2019

Summary and Response to the Article Essay Example | Topics and Well Written Essays - 500 words - 1

Summary and Response to the Article - Essay ExampleThe journey towards energy certificate has proven hectic, but it is not late yet. Change is possible.Oil dependence has its sh atomic number 18 of challenges. First, oil prices are never stable. This situation leads to economic imbalance in the dependent state, making citizens suffer from high revenue enhancement, curiously when oil prices increase in the world market. gagely, United States as a major economy has to face up stiff competition from other importing countries such as India and China whose economies are growing rapidly. finish up of all, U.S. becomes vulnerable to political whims of oil producing countries especially the Middle East that have for a long quantify threatened U.S. security. OPEC, for instance, is notorious for signing contracts with certain consumers coupled with political affiliations that distort the market.According to this report, U.S. can redeem itself from the hazards of oil dependence if it can reframe its foreign policies. The last decades have seen U.S. stressing on the importance of foreign markets, something that cannot influence the energy problem experienced now. If active mankind policies are introduced, the market will deliver swimmingly on its own. U.S. cannot achieve energy security through foreign policy, but it can frame home(prenominal) policies that are in tandem with short- and long-term goals of international strategy on oil.The Task Force facial expression into the issue made three recommendations for the adoption of incentives, which would gradually minimize consumption of petroleum products. First is the taxation of petrol, with the tax revenues directed to other purposes such as funding research and development of energy technology. Second is tightening Corporate Average Fuel Economy (CAF) standards. Third is the use of tradable gasoline permits to cap the levels of gasoline consumed in the country.The above measures will facilitate energy efficient lifestyles of the citizenry, including the use of higher-efficiency vehicles, increased use of public

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