I energy and the benefits and drawbacks of

I chose this topic because I do care about the environment and am curious about how much resources and effort will be needed to use sustainable energy. I am interested in economics and would like to know the cost of converting to sustainable energy and the benefits and drawbacks of taking this action. I am also interested in the idea of sustainable energy itself, how we humans can harness the energy of nature and bend it to our will. So exactly how much willpower and assets will it take to convert the world we know into the world we dream? I want to find out about the difficulty and benefits of converting into sustainable energy. -There are advantages and disadvantages in converting to sustainable energy. The United Nations has a very clear definition and has a vital perspective on the issue of global warming and sustainable energy. They have very clear goals in their global perspective. The UN wants to broaden the use of sustainable energy and apply the technology in underdeveloped countries such as Africa and India. The US Department of Energy have also narrowed advantages and disadvantages of renewable energy. (US Department of Energy) Some disadvantages include that, as renewable resources are not always available everywhere at anytime, it could cause problems for people who use up a lot of energy in far places. An example of this would be hydropower as the resources needed are limited by geography and solar and wind power depend on nature, meaning that depending on the weather the amount of energy supplied is different. This is why currently, the global share of renewable energy in net energy production is only about 10% worldwide. Considering the fact that global power demand today is about 12.5 terawatts, which is likely to grow to 17 terawatts by 2030. (Concerned Scientists) The advantages include that Renewable Energy is inexhaustible and environmentally friendly. There is very little chances of blackouts since individual power generators are used for sustainable energy. Also compared to fossil fuels, prices are relatively either the same or the cheapest. Every Kwh, “Coal is worth $0.095-0.15, Natural Gas $0.07-0.14, Nuclear $0.095, Wind $0.07-0.20, Solar PV $0.125, Solar Thermal $0.24, Geothermal $0.05, Biomass $0.10, Hydro $0.08.” (Concerned Scientists)There is evidence about how much sustainable energy can affect the speed on how fast the earth can recover. There is also the possibility that sustainable energy may affect the future of our world. I think that in general, renewable energy is way better for both the earth and the population. This affects me because I care about the environment and want to see the possible changes costs.The world could start looking at the different possible ways of changing to sustainable energy. The UN and other organizations such as Suzlon and Econundrum could start to build energy sources around the world and the costs should be no obstacle with the huge amounts of resources that the world has. The government should lower taxes on renewable energy to encourage the use and production of it. Considering the fact that only 1 million geothermal plants, or just 640 hydroelectric dams are needed to 100% convert to sustainable energy should be a good enough reason to change right now. The UN should start to look at solutions in which land, wealth and manpower can be allocated respectfully to make this happen. (UNICEF)I think that my sources are effective and well researched as they are all from reliable government or organisation sources. They have the resources that are needed to take in all the information. -Renewable energy facility companies/projects pay property and income taxes. These help support states and local communities. In fact local landowners benefit from renewable energy development in many ways. Especially in many places like the US and HK. In US where the vast countryside area is owned by a lot of the population, renewable energy projects must either buy or rent land, mostly farmland, to place their solar plants or wind turbines. For example, wind projects in Iowa, provided $19.5 million in annual property tax payments to state and local governments in 2011. (Lazar) The same goes for Hong Kong as in Lantau Island and in the future, discovery bay, there are lots of wind turbines there that power the local community. These payments are sometimes an important source of income for distant rural families. Increasing renewable energy also helps stabilize electricity rates. Not only does converting to sustainable energy a valuable investment opportunity to boost the economy but decreases the amount of poverty by supplying the population with jobs. The renewable energy industry is a major employer and as the jobs are quite simple, a good way to escape poverty. In the US, wind energy development had 75,000 full time employed workers, including 30,000 jobs for manufacturing facilities around the country. (Concerned Scientists) There are 2 ways that sustainable energy and job growth helps the economy. The first, is that is all labour intensive, so that it creates more jobs by the profit. Second, the renewable energy sources would have to be monitored by local workers meaning that the profit earned would stay in the local community thus benefiting the general economy. Hong Kong is also another example of this. Compared to the US, HK has mostly similar benefits except that HK is more of a global city thus reducing the amount of this happening.I personally believe that Hong Kong is doing well and that more and more people are beginning to switch to sustainable energy. Hong Kong is also beginning to start being eco-friendly and have established a special section of the Hong Kong Electric where some power stations use sustainable energy. Also, the government’s funds and use of taxes on the transfer of sustainable energy has increased over the time. This relates to me as I live in Hong Kong myself and am keen on environmental change.Hong Kong could start to look at saving some money up from taxes and other donations and could co-operate with organizations and companies to help convert Hong Kong into the world’s first SAR running on complete sustainable energy. We should follow Costa Rica’s example on completely using green energy. In the future, Hong Kong should become an SAR that fully uses green energy to fund every aspect of its citizen’s lives. Hong Kong should also be a beacon of hope and change to inspire other countries to do the same. Not only will this benefit the environment of the world but will save Hong Kong as well. Hong could invest in new transmission capacity for renewable energy. Develop responsible and consistent siting regulations for renewable energy projects. Or extend tax advantages and establish other financial benefits for renewable energy. -This issue of global warming affects me as I live in this world and live near one of the world’s most polluted places. Living in Hong Kong is already bad enough as Hong Kong itself produces lots of pollution, however since we are near China, their pollution also comes toward us. This means that Hong Kong is heavily polluted. Although my family and I may be fortunate by living away from the main city and factories, I think that the investment of sustainable energy is vital to us. If I live in a very polluted area, my health will deteriorate and I will eventually die, if I am to stop this, I must reduce my carbon footprint and invest in sustainable energy for the future as well. I may be able to apply real life situations as my family does have housing in the States. For a normal family in Hong Kong to switch to sustainable energy it will take a total of roughly free to 200,000. (EMSDRE)I think that switching to sustainable energy is a good idea as it reduces our carbon footprint and allows us to use an unlimited amount of natural energy. This type of energy may also be accessible to everyone in the world and should be very cheap. I don’t think everyone notices the importance and value of sustainable energy, we have found a way in which everyone from anywhere can make a difference to the future. Although as a student, a minor in Hong Kong, I do not have the power to change things right now except but to raise awareness about what we can achieve. Presently I can sign petitions and join in discussions and debates on the topic. I can also vote in the future when I am grown up and have more say in this topic wherever I may be, be it Hong Kong, the US or Korea. On the issue of global warming and the environment, I can start to reduce my carbon footprint by saving energy and by raising awareness. -In conclusion, in order for the whole world to change into sustainable energy, it would take a huge amount of money and resources including a lot of time. World leaders would be very hesitant to carry out this transition although it has more benefits to the world than drawbacks. The exact amount of money it would take to convert the world to sustainable energy would be a staggering 29.46 trillion USD, though this only 21.9% of the world’s massive wealth. (MJ) For the time it would take around 20 years to change, develop and upgrade our power grids and generators while an additional 10 would be needed to test out and secure the power generators. It will not be until 2047 that the world would be green if we started at 2017, although fossil fuels will run out by 2112. It is achievable. (Rinkesh) People need to start thinking of the future instead of the present. As mentioned in the above paragraphs, UNICEF is creating a project that will help countries to operate and generate electricity using clean sources. Most importantly it is very simple and effective. I think I found generating the research question a little challenging but in the end, I got through so I think that this was a success. I’m pretty happy with my question as it gives me more of a positive response to changing Hong Kong’s energy to sustainable and affordable energy. I got through the writing quickly and hope to have made a valuable point. I have added the sources evaluations and improvements.For sources evaluation, I think that most of my sources were all very useful and reliable as they were from scientific departments and environmentalists. For my global and national perspectives, my sources came from the UN and US as well as articles and surveys/researches/reports about HK and China. I think that these are reliable as they have the proper equipment to actually monitor and calculate the information that I need. I used these sources to collect information and use them in my essays. -Rozenblat, Lazar. “Renewable Energy.” Renewable Energy Sources: Cost Comparison. Your Guide to Renewable Energy, 4 June 2016. Web. 27 Nov. 2016. . US DOE2 “Renewable Energy.” Renewable Energy Sources: Cost Comparison. Your Guide to Renewable Energy, 5 July 2016. Web. 27 Nov. 2016. .M.J “Why Is Renewable Energy so Expensive?” The Economist. The Economist Newspaper, 05 Jan. 2014. Web. 05 Dec. 2016. .Union of Concerned Scientists “Renewable Electricity Standards Deliver Economic Benefits (2013).” Union of Concerned Scientists. Union of Concerned Scientists, 3 May 2013. Web. 27 Nov. 2016. .Union of Concerned Scientists. “Benefits of Renewable Energy Use.” Benefits of Renewable Energy Use. Union of Concerned Scientists, 8 Apr. 2013. Web. 27 Nov. 2016..Crux, James. “Pollution: 300 Million Children Breathing Toxic Air – UNICEF Report.” The Hong Kong Committee for UNICEF. UNICEF, 07 Nov. 2016. Web. 22 Jan. 2017. “Renewable Energy Sources for the World’s Poor.” Google Books. N.p., n.d. Web. 22 Jan. 2017.”Renewable Energy Challenge Developing And Scaling Solutions For Burundi | Press Release.” Renewable Energy Challenge Developing And Scaling Solutions For Burundi | Press Release. N.p., n.d. Web. 22 Jan. 2017.Union of Concerned Scientists “Renewable Electricity Standards Deliver Economic Benefits (2013).” Union of Concerned Scientists. Union of Concerned Scientists, 3 May 2013. Web. 27 Nov. 2016.Union of Concerned Scientists. “Benefits of Renewable Energy Use.” Benefits of Renewable Energy Use. Union of Concerned Scientists, 8 Apr. 2013. Web. 27 Nov. 2016.US DOE2 “Renewable Energy.” Renewable Energy Sources: Cost Comparison. Your Guide to Renewable Energy, 5 July 2016. Web. 27 Nov. 2016. Coups, John. “Environmental Impacts of Renewable Energy Technologies.” Union of Concerned Scientists. Union of Concerned Scientists, 4 Sept. 2013. Web. 08 Jan. 2017.Pardon Our Interruption. N.p., n.d. Web. 08 Jan. 2017.Rozenblat, Lazar. “Renewable Energy.” Renewable Energy Sources: Cost Comparison. Your Guide to Renewable Energy, 4 June 2016. Web. 27 Nov. 2016. M.J “Why Is Renewable Energy so Expensive?” The Economist. The Economist Newspaper, 05 Jan. 2014. Web. 05 Dec. 2016. Hugh, Https://www.facebook.com/Outsource2india Jack. “Renewable Resources: The Impact of Green Energy on the Economy.” Business.com. Business.com, 22 Oct. 2015. Web. 08 Jan. 2017.US DOE2 “Renewable Energy.” Renewable Energy Sources: Cost Comparison. Your Guide to Renewable Energy, 5 July 2016. Web. 27 Nov. 2016. US DOE2 “Renewable Energy.” Renewable Energy Sources: Cost Comparison. Your Guide to Renewable Energy, 5 July 2016. Web. 27 Nov. 2016. Rozenblat, Lazar. “YOUR GUIDE TO RENEWABLE ENERGY.” Renewable Energy Sources: Cost Comparison. N.p., n.d. Web. 08 Jan. 2017.Hui, S. C. M., 2006. From Renewable Energy To Sustainability: The Challenge For Hong Kong, In. From Renewable Energy to Sustainability: The Challenge for Hong Kong(n.d.): n. pag. Web.”Why Is Renewable Energy so Expensive?” The Economist. The Economist Newspaper, 05 Jan. 2014. Web. 08 Jan. 2017.Team, Survival Renewable Energy. “The Economic Benefits of Switching to Renewable Energy – SRE.” Survival Renewable Energy. N.p., 05 June 2016. Web. 08 Jan. 2017.”Renewable Electricity Standards Deliver Economic Benefits (2013).” Union of Concerned Scientists. N.p., n.d. Web. 08 Jan. 2017.Rinkesh. “Advantages and Disadvantages of Renewable Energy.” Conserve Energy Future. N.p., 24 Dec. 2016. Web. 08 Jan. 2017.”EMSD HK RE Net – General Overview Frequency Asked Questions.” EMSD HK RE Net – General Overview Frequency Asked Questions. EMSD HKRE, 6 Feb. 2015. Web. 13 Mar. 2017.