There is a huge debate going on between the investor about the Petroleum. Some believe they should invest in serching of new crude oil reserve, while other believe they should invest on clean energy- wind and solar. some people satisfy with this statement and some people donot. This essay agree with the statement that people should spend money on sustainable energy, Wind and solar, rather than petroleum because petroleum are non renwable source of energy and one day it will finished.
Firstly, petroleum product are non-renewable source of energy which cannot be renewed again and again. Likewise, it is formed from from fossil fuel and in the future it will be finished. Furthermore, company have to spend a lot of money to take out oil from the earth and go through a lot of process to reach final product. Although most of the investor knows about this difficulties they still invest in oil because oil gives more profit than other source of energy.
On the other hand, renewable source of energy- wind, solar and hydro- are cheaper and easy to build. Unlike, oil it will not run out beacuse they are natural resorurces and we can renew it again and again. For example, air, water and solar are given by the narure which was in past and will be in the future also. Without it the life is not possible on earth. Construsting different hydrpower, installing solar panel is cost effective and doesnot need more labour. In order, to install solar panel we doesnot need too much investment or require to many many. It can be install easily.
In conclusion, Investor should invest on renewable source of energy than non renewable source of energy beacuse investing in clean source of energy is easier, budget friendy and willnot run rout in the future. However, it may not give as much profit as petroleum product but it will run our slowly.