Research Paper "World Energy and Population: Trends to 2050"
My dear World Pulse readers,
I would like to share with you the abstract of my research paper that I wrote under Professor Dereje Tessema's supervision, while was pursuing MBA in International Business Management from Virginia International University.
This paper examines the relationship between world population and energy consumption by 2050. The central proposition of this paper is that the world faces a global energy dilemma: can the world have secure, reliable and affordable supplies of energy and, at the same time, plan and manage its consumption? There are growing concerns about the sustainability of the future supply of energy. Throughout history, the expansion of human population has been supported by a steady growth in use of high-quality energy. The operation of present industrial civilization is wholly dependent on access to a very large amount of energy of various types. If the availability of this energy were to decline significantly it could have serious repercussions for civilization and the human population it supports. The method of inquiry was forecasting analysis using previous data collected and projected data in the future. The study findings indicate that global energy needs are expected to grow over coming decades by 2050, with fossil fuels still the dominant source. The study contributes towards positive change in implementing new energy efficient policies by governments all over the world.