Effects of Energy Crisis In Pakistan

The most important source of our modem civilization is energy. Energy is in everything . lt comes in different forms — heat (thermal), light (radiant), mechanical, electrical, chemical, and nuclear energy. The use of energy has been a key in the development of the human society by helping it to control and adapt to the environment managing the use of energy is inevitable in any functional society. In the industrialized world the development of energy resources has become essential for agriculture, transportation, waste collection, information technology, communications that have become prerequisites of a developed society. The increasing use of energy since the Industrial Revolution has also brought with it a number of serious problems, some of which such as global warming, present potentially grave risks to the world. The macroeconomic implications of a suaoly shock-induced energy crisis are large, because energy is the resource used to exploit all other resources. When energy markets fail, an energy shortage develops. Electricity consumers may experience intentionally engineered rolling blackouts which are released during periods of insufficient supply or unexpected power butanes, regardless of the cause. Industrialized nations are dependent on oil, and efforts to restrict the supply of oil would have an adverse effect on the economies of oil producers. For the consumer, the price of natural gas, gasoline (petrol) and diesel for cars and other vehicles rises. An early response from stakeholders is the call for reports, investigations and to a commissions into the price of fuels. There are also movements towards the development of more sustainable urban infrastructure. div>