Energy-be it a natural resource, a commodity, a societal necessity, or a strategic drive; it is truly the most indispensable `Growth Factor' for the world's economy and human well-being. However, the escalating disparity between demand and supply of energy has mooted the question whether we can avoid the impending collapse of the world economy and/or the destruction of civilization and the biosphere? Can Indian business meet this crisis?

Energy-be it a natural resource, a commodity, a societal necessity, or a strategic drive; energy holds a great significance at an international, national, business and household level. From the Hiroshima Nagasaki atom bomb attack (1945) to the Gulf war (1991) to the most recent warfare at Iraq, energy has changed lives of millions of people. In fact, historically every major development can be traced back to the ability of mankind to harness energy. It is truly the most indispensable `Growth Factor' to the world's economy and human well-being.

This calculation by Ecologist Jeffery Dukes ultimately meant that by burning one liter of petrol, our vehicles gulped down 16,200 square meters of wheat, roots and stalks. Evidently, he states that since the beginning of industrial revolution we have used more prehistoric plant matter in a day than the world produces in a year. In fact, our fossil fuel pyromania has blazed essentially 13,300 years' worth of plant growth on the world. This calculation on nature's resources has apparently illustrated that there is an obvious limit to the supplies of fossilized fuels and the reserves will one day run out. Modern industrial civilization cannot continue to progress if it rapidly consumes the necessary physical prerequisites for its own existence.

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