The Emerging Impacts of Energy Cost on Industry and Communities
Energy may be a hot topic, but are certain industries and communities about to get burned? As the global demand for energy drives up cost, the location considerations for goods production and supply chain management may begin to shift. This is compounded by proposed government mandates to wean the U.S. off fossil fuels on an accelerated basis in favor of renewable sources. The best strategy for a company or community to address this trend is to first gain an understanding of the current situation as well as the longer-term dynamics of the energy industry. This article provides an overview on the energy situation with a primary focus on the U.S. and its current energy sources along with an overview on government policies that will have wide-reaching impact. more....