Question

The question of security of supply arises everywhere, even in countries producing oil, gas or coal. In addition, the themes of affordability in globally competitive economies are at the heart of the concerns of policy makers. Finally, the environment is the legacy we will leave to our children. Whether it is local pollution or the fight against climate change, sustainability remains the vital priority. These 3 priorities constitute what is generally defined as energy policy. Yet around the world, these priorities are being challenged. Energy policies are often rethought, sometimes under the name of energy transition. This concept is based on very different definitions from one country to another. How can energy economics, could and should support tomorrow's energy policy choices? Should we turn the tables and rebuild these policies from tomorrow's energy demand to determine the necessary supply?

Answer 1

The Technology of production of all Goods and Services lies within the optimal utility of source of Energies like Oil, Gas and Coal, etc. All countries adopts the policy of self-governance in the usage of those power resources. It is inevitable fact that the Consumption of power resources are considered as main ingredient of each and every aspects lies within the circle of the Economic Activities.

Transportation, Running of the Factories, Building Infrastructural facilities, Communication and for many other Economic Activities the usage of those power resources are essential. In order to use them in a optimal way, many Regulatory Compliance and Legislations are carried out by all the Countries. But the Usage depends upon the each country's need. But at the same time many Environmental Safey Challenges are posing a vibrant threat to all the countries. As mentioned above three priorities like Long Affordability, Environment Protection and Global Warming are need to be taken in to the consideration for framing the Energy Policy.

The United Nations Environment Programme (UNEP) is the one among the Organ of the UNO clearly monitors the Regulatory Activities carrying out by all the Countries amidst their Supreme Economic Power showing their interest to gain more from the usage of Oil, Gas and Coal sources of Energy. Many Eminent Scientits of US have proved the fact that the Extreme level of using the Oil, Gas and Coal produces higher level of CO₂ (Carbon-dioxide) has resulted in the indifferent Climatic Change, Scarcity of Water Resources, Reduction in the rate of Aforestation. Aforestation is nothing but the act of Growing more trees in the Surface area of the Earth.

Those natural effects are collectively referred as GLOBAL WARMING.

The Supply and Demand for the  Oil, Gas and Coal sources of Energy are still manipulated are based on research on tackling the problems of Global Warming. If the more Resources are exhaused then the rate of supply will increase. But when alternate source of method was adopted to avoid Global Warming the demand for Oil, Gas and Coal sources of Energy will reduce to the certain extent.

Using Battery Car, Using Cycle rather than motors for transportation, Planting more Trees, Reducing the usage of Fossil Fuel source of energy. Acutally the survey reports indicates that the US produce 81% source of Fossil Fuel. It is nothing but the Combustion of Oil, Gas and Coal Sources in to the Earth nor Sea surface. It leads to the high level of Emission of CO₂. Organic

If the above precautionary measures are adopted, the Demand for the Energy Resources will be in Optimal level. It wont beat the high rate crossing the Supply level. There is no need to change the regulatory policy for determining the Global Warming Check. But the Alternative Source of Energy using less-pollution free Substances can be saved for the future generation. This will help them to balance the Ecological Bio-Diversity coping with the problems of Global Warming.

The above facts will determine the exact position of Supply and Demand for using the Energy Resources without giving so many threat of Global Warming.