21–30 of 89 posts
Looks like the new arms race is about digging your own environmental grave.
I think the country that is going to win will be biggest exporter of clean water in about two decades. Meanwhile China makes more solar panels than anyone in the world yet has the most filthy air.
Commenters bemoaning US running out of resources sooner or ruining the environment by increasing usage should note that US oil demand has essentially peaked[1] and will likely drop in the coming years due to a variety of factors including demographics and the increasing viability of alternative energy sources (solar power + Tesla et. al.) In this context, the US gas/oil energy boom is a wonderful thing, a last hurrah…
Earlier quoted context omitted.
What do you mean by a fraction of it? The U.S. is a net importer of both oil and natural gas: http://www.eia.gov/dnav/pet/pet_move_wkly_dc_NUS-Z00_mbblpd_... http://www.eia.gov/dnav/ng/ng_move_ist_a2dcu_nus_a.htm
Those numbers are hard to follow but I do not understand why if we produce so much why we don't consume our own content? For example if the keystone pipeline was approved the majority of it would be for export, not domestic use.
Earlier quoted context omitted.
Those numbers are hard to follow but I do not understand why if we produce so much why we don't consume our own content? For example if the keystone pipeline was approved the majority of it would be for export, not domestic use.
Are you sure the majority of it would be for export? A big driver of exports is simply the fact that lots of places don't have refinery capacity. People in such places are willing to pay more than people in the U.S., with its relative abundance of refineries. The rest of the 'not consuming our own content' is just a logistics thing, the cheapest oil is generally used, not the oil that crosses the least borders.
Commenters bemoaning US running out of resources sooner or ruining the environment by increasing usage should note that US oil demand has essentially peaked[1] and will likely drop in the coming years due to a variety of factors including demographics and the increasing viability of alternative energy sources (solar power + Tesla et. al.) In this context, the US gas/oil energy boom is a wonderful thing, a last hurrah…
Nearly every prominent climate scientist disagrees strongly with you, and sees the current move towards fracking as climate suicide.
Commenters bemoaning US running out of resources sooner or ruining the environment by increasing usage should note that US oil demand has essentially peaked[1] and will likely drop in the coming years due to a variety of factors including demographics and the increasing viability of alternative energy sources (solar power + Tesla et. al.) In this context, the US gas/oil energy boom is a wonderful thing, a last hurrah…
Looks like the new arms race is about digging your own environmental grave.
If we want to limit climate change to +2°C, we must leave 80% of hydrocarbons into the ground. This option is not showing in the prices of energy companies. It's just not going to happen.
Gas is a different story but currently the price is pretty low compared to oil.
Looks like the new arms race is about digging your own environmental grave.
If we want to limit climate change to +2°C, we must leave 80% of hydrocarbons into the ground. This option is not showing in the prices of energy companies. It's just not going to happen.
Looks like the new arms race is about digging your own environmental grave.
I think the country that is going to win will be biggest exporter of clean water in about two decades. Meanwhile China makes more solar panels than anyone in the world yet has the most filthy air.