Companies West Group - Creativity-Innovation-Sound Management
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COMPANY INITIATIVES
- Seek Out Challenging New Ways To Develop or Acquire Diverse Renewable Energy
- Harness Natural Resources To Meet the Growing Energy Demands Of Today
- Develop Energy Resources the World Needs Responsibly
- Utilize Government Funding Programs And Assistance To Remain Fiscally Responsible As A Company and to Our Partners
Why We Need Energy Alternatives
We are in the midst of an energy crisis. The price of a gallon of gas is sky high and there is a great deal of trouble-brewing in the Middle East, Iraq and Iran and other areas. These problems have made it clear to many United States citizens that we have an oil-driven economy.
At Companies West Group we recognize not only the need to develop new directions for energy supply and the production but also the incredible fiscal opportunity these alternative solutions can garner. We certainly need to reduce the dependency on oil and look for alternative resources. Experts believe there is no such thing as cheap oil and they will continue to pay a high price and in the future, it will be much higher. This expense will grow in the future unless we can locate alternative sources of fueling our technologically advanced civilization. We need to find innovative sources that can be alternatives to oil.
Environmentalists would argue that we need to switch to other forms of energy because the present forms are damaging the atmosphere and climate.
U.S. energy consumption is expected to grow over 18 percent by 2030. There are alternatives such as Biofuels from trees and beans, hydroelectric technology and development, natural gas, hydrogen cells, atomic energy plants and the development of solar energy.
There are nations developing and becoming more industrialized that will also require alternative forms of energy research and development. Other countries are also contributing to the environmental damage.
Since 2007, DOE has announced over $1 billion in multi-year biofuels research and development projects. Integral to this work is the ongoing examination of reducing greenhouse gases as well as land and water use.
As part of President Bush's Advanced Energy Initiative, the U.S. Department of Energy is carrying out a comprehensive plan to increase energy efficiency as well as the use of renewable fuels in the transportation sector. This includes basic and applied research and development projects with a broad range of technology demonstrations to help rapidly bring online next-generation biofuels.
Companies West Group Inc. believes we could and should be at the forefront of research on alternative energy sources. We could certainly reap the benefits of marketing the technologies and services here and to other nations.
There is a great deal of potential out there if we widen our scope and look for alternative means to fuel our cars and maintain our technologically advanced society. Hopefully when we look towards the future it will be green and Companies West Group Inc. will have played a key role in creating a cleaner environment while making provisions for diverse energy resources today and for our future....
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