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Energy crisis
An Enegry Crisis is any great shortfall in the supply of energy to an economy. It usually refers to the shortage of oil, electricity or other natural resources.
Some important energy crises:
- 1973 energy crisis - brought about by OPEC oil emabrgo
- California electricity crisis
There are also many scholars who argue that the world is heading towards a global energy crisis mostly from running out of oil. This has caused many to invest in alternate fuel research such as fuel cell technology, hydrogen fuel, methanol, solar energy, and wind energy[?].
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