Much of the world today is highly dependent on fossil fuels to run their economies. Highly industrialized nations have never put a cap on how much they can really take before they suffer the consequences. The global community will experience a head-on collision with mother nature eventually if international leaders cannot come up with a realistic solution to global warming. It is this threat that results from the burning of the highly efficient and widely used cheap source of energy – the fossil fuels, that affects every facet of human life as we know it today.

We have already faced the effects of global warming and yet we are still turning a blind eye on what is happening today. The devastating results of 3 typhoons in the Philippines in 2009 alone brought billions of pesos in damages to public property as well as placing undue pressure on the local economy. Now, power outages and rotating brownouts are threatening the entire Luzon economic scene and the Metro Manila financial hub.

There are, however, many ways to alternative sources of energy it is just that we are unwilling to develop it. The petroleum giants are not willing to put their resources to build, improve, and market renewable energy because, obviously, they do not really care. These multi-billion dollar companies are just so greedy that they do not realize the potential disaster they will face in the near future.

Real estate developers should also look into energy-efficient homes. These so-called eco-friendly homes are the trend of the future. Solar panel installed rooftops is feasible. We can save more on electric bills by utilizing solar energy. Water recycling can also be doable as long as our government and its citizenry are willing to set their minds on it. Extensive waste management and recycling should also be our primary goals. At the forefront of our economy of the future are ideas like these.

It has been four decades since we began to look for renewable energy. The plan to find other sources of energy brought about by the energy crises, inflation, and the rising price of oil in the early 70′s has been going on for more than forty years, but this project has not yet been fully realized by the global industry. The potential large-scale application of this plan might yet be feasible for years to come.

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