The Rise of Emerging Renewable Energy Companies

Today we have mind boggling technologies emerging, big industries, smartphones and millions of automobiles running on the roads. What keeps them going? The answer is, of course, energy. And the scary thing is that our energy consumption is rising at a stupendous rate. The total oil consumption was 32 billion barrels in the year 2011, and our consumption of such an unrenewable source of energy is rising exponentially.

The United States currently leads the pack with a consumption of 18.8 million barrels of oil per day (or nearly 6.9 billion barrels per year), but this rising consumption is destined to …read more