Energy Crisis Interrelated to Global Warming. Photovoltaic Cell †A Pos

talent Crisis Interrelated to Global Warming. Photovoltaic Cell A thinkableSolutionAbstract-The macrocosms verve crisis has worsened in upstart years, as oil prices dramaticallyincreased due to the check metre of available oil. Global warming is considered as a byproductof energy crisis, because as oil continues to burn in the refining process, CO2 is forever emitted to the atmosphere at a fast rate and in cogent concentrations, which in turn,worsens the world(prenominal) warming situation. Photovoltaic cell technology converts sun into directcurrent electricity. This source undersurface be a likely solution to solve the energy crisis as well as the spherical warming issue.Introduction-Energy crisis has remained a top concern in the world today. Fossil fuels, the most widelyused energy source in the U.S. and in the world, is rapidly being depleted due to the fast consumption rate. Since we are highly depended on oil for transportation, cooking, andcommunication in our ev eryday lives, the oil storage is starting to run out and eventually it pull up stakes be allgone. Petroleum oil is always considered as a cheap energy source however, the price of oil perbarrel and per gallon has gone up significantly worldwide. The price of oil has already passed$60 per barrel, due to the energy crisis and oil shortages (Crude Oil in store(predicate)s Prices NYMEX,2005). The increased oil prices and the limited energy resources will have a great impact to the orbicular economy where stock prices fall, unemployment rates increase, economic recession andinflation can occur. Burning fossil fuels are not only causing the existing energy crisis in theworld but are leading to global warming as well. Due to the excessive burning of fossil fuels, the... .... Website http//www.cintelliq.com/res_photo.htmrenewable Energy (2005) The Wikipedia Free Encyclopedia. Retrieved July 23,2005.Website http//en.wikipedia.org/wiki/Renewable_energyTurner, John A. (1999) A Realizable Renewable Energy Future. Retrieved July 21, 2005, fromEnergy Viewpoint. Website http//www.sciencemag.org/cgi/reprint/285/5428/687.pdf14The Coming World Energy Crisis. (2005) Retrieved July 21, 2005 from planet for life. Websitehttp//planetforlife.com/William, James L. Alhajji, A. F. PhD. (2003). The Coming Energy Crisis?Retrieved July 21, 2005, from Energy Economics Newsletter.Website http//www.wtrg.com/EnergyCrisis/Zittel, Werner. Schindler, Jrg (2003) Future world oil supply. Retrieved July 21, 2005, fromUniversity Salzburg.Website http//www.energiekrise.de/e/articles/International-Summer-School-Salzburg-2002.pdf