International Energy Policies Essay Example | Topics and Well Written Essays - 2000 words

International Energy Policies - Essay Example The energy policies formulated by various nations throughout the globe chiefly focuses upon various important areas. The vital areas entail the mitigation of greenhouse gases, valuing the advantages which are obtained from various energy sources and most importantly investing particularly in the energy sectors of the developing nations (France, 2012). Structuring of energy policies is considered to be quite important as energy is known to serve as a vital factor in the financial as well as social activities in different industrialised nations. Moreover, the energy policies extensively pose an influence on the aspect of economic development and defending the safety of the citizen’s at large (Flavin & Aeck, n.d). In this discussion, the harmonisation of the 3 â€Å"E† which includes economic growth, energy supply security and environmental settings along with different factors relating to energy supply and demand will be taken into deliberation. Moreover, analysing the affect of the mentioned factors on the global energy policies, a balanced view of whether these procedures can be regarded as sustainable in the long-term will also to be depicted in the discussion. According to various realistic theories, it has been noted that the chief challenge of every energy policy decision remains to be the harmonisation of the 3 â€Å"E† which consists economic growth, energy security and environmental settings. A clean, affordable, resourceful and a reliable source of energy are supposed to be quite crucial for promoting worldwide prosperity. The developing nations requires to expand their access towards identifying modern as well as reliable energy sources in order to enhance public health, trim down the poverty level by a certain extent, augment productivity, improve competitiveness and most importantly to promote and boost financial growth. The existing modern energy systems are