February 2013
Golden Research Thoughts;Feb2013, Vol. 2 Issue 8, p1
Academic Journal
Energy is a foundation of economy. Energy provides an essential ingredient for almost all human activities: it provides services for cooking and space/water heating, lighting, health, food production and storage, education, mineral extraction, industrial production and transportation. Energy services are a powerful engine of economic and social development, and no country has managed to develop much beyond a subsistence economy without ensuring at least minimum access to energy services for a broad section of its population. Throughout the world, the energy resources available to them and their ability to pay largely determine the way in which people live their lives. Nevertheless, it is critical to recognize that what people want are the services that energy provides, not fuel or electricity per se.


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