POLICY ANALYSIS FOR INVESTMENT SUBSIDY FOR RENEWABLE SOURCE OF ENERGY

Abstract

"Man's Social Systems for more than 1 million years were based' on Renewable Energy Resources, only during the past. 150 years have systems emerged that have been based largely, or almost entirely, on the use of non-renewable energy sources. For about 90 percent of his existence man's only source of energy was the wild food he captured, gathered and ate. For• only about 10 percent of his brief history on earth has he had fire. For only 1 percent of his history has be planted and harvested fool crops, milked, butchered, driven,, and ridden domesticated animals. For only 0.1 percent of his terrestrial tenure has man used wind and water power to any great extent.. And only In the most recent 0.01 percent of man's history has be switched his energy base from such renewable resources to the non-renewables of fossil fuel and fissionable uranium" - Earl Cook.