Energy and economy Source
Energy is the most fundamental requirement of every society or nation as it progresses through the ladder of development. Of course, once it reaches a relative degree of development, the energy demand becomes more stable. There is a distinct and categorical correlation between the energy consumption and income of a nation — each reinforcing the other. Look around you: every step into progress comes with an addition of demand for energy — cars, ships and aircraft to move, hospitals to give quality healthcare, education, as it follows the model of e-connectivity, production of more and better goods, irrigation for better farming. In fact, every element of our lives is increasingly going to become energy-intensive — that is a necessary prerequisite for development. This is clearly reflected in the average energy consumption per person across nations
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UK LARGEST OIL FIELD WAITS FOR GOVERNMENT GO AHEAD
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Britain's largest oil field could be producing millions of barrels a day by
the autumn if Ed Miliband gives a green light to its plans, according to
its ...
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