OPEC & Alternative Energy — Presentation Detail — Celebration of Scholars

Instructions

Student presentations must have a faculty sponsor.

Abstracts must include a title and a description of the research, scholarship, or creative work. The description should be 150-225 words in length and constructed in a format or style appropriate for the presenter’s discipline.

The following points should be addressed within the selected format or style for the abstract:

A clear statement of the problem or question you pursued, or the scholarly goal or creative theme achieved in your work.
A brief comment about the significance or uniqueness of the work.
A clear description of the methods used to achieve the purpose or goals for the work.
A statement of the conclusions, results, outcomes, or recommendations, or if the work is still in progress, the results you expect to report at the event.

Presenter photographs should be head and shoulder shots comparable to passport photos.

Additional Information

More information is available at carthage.edu/celebration-scholars/. The following are members of the Research, Scholarship, and Creativity Committee who are eager to listen to ideas and answer questions:

Jun Wang
Kim Instenes
John Kirk
Nora Nickels
Andrew Pustina
James Ripley

OPEC & Alternative Energy

Name: Emily Reinhard
Major: Marketing, Finance, Accounting
Hometown: Wheaton, IL
Faculty Sponsor:
Other Sponsors:
Type of research: Course project

Name: Sara Voss
Major: Accounting & Finance
Hometown: Brookfield, WI
Faculty Sponsor:
Other Sponsors:
Type of research: Course project

Abstract

OPEC and Alternative Energy: To start, we researched the origins and purpose of the Organization of the Petroleum Exporting Countries (OPEC), while also investigating the feasibility of various forms of alternative energy with the goal of predicting the future of traditional and alternative energy sources. We began this project with the goal of answering questions including, how do emerging alternative energy sources impact OPEC and other more traditional sources? What is the role of alternative energy in our future, compared to more traditional forms? What are the financial and political implications of traditional OPEC-based energy sources versus the new alternatives? We feel this work is significant because the extraction and burning of coal and oil are wreaking havoc on the environment at an unsustainable rate. Our world is continuing to feel the effects of climate change from this pollution, so finding viable forms of alternative energy is becoming increasingly important. Pros and cons of both traditional and alternative energy sources were thoroughly researched and the energy forms ranked accordingly. The factors that we considered were cost, efficiency, ease of use, safety, and environmental impact. Based on our findings, we found that wind and solar energy are the most promising alternative sources of power to eventually replace more traditional forms like coal and oil.

Poster file