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Solving Peak Oil - Report
Posted on Thursday, September 15, 2005 @ 22:08:32 GMT by vlad
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Meridian International Research Publishes "Solving Peak Oil" Report
Source: Meridian International Research
[Sep 12, 2005]
SYNOPSIS: Instead of meaning global economic disruption, Peak Oil provides an opportunity to create a new global civilization free of dependence on petroleum.
While much has been written recently on the Peak of Global Oil Production, very little has been written to demonstrate how we can overcome these problems and manage declining oil supplies with workable and effective strategies.
This report "2007: Solving Peak Oil" fills that gap. It focuses on the answers to Solving Peak Oil.
"2007: Solving Peak Oil" explains how known, tried and tested and cost effective technologies can be implemented quickly to reduce oil consumption in step with falling oil supply and maintain security of global transport without major disruption to society.
That Peak Oil is real and imminent is now beyond doubt. Action must be taken to reduce Global Oil Dependence. By 2010, Oil Production will have fallen to 82Mb/d from some 85Mb/d at present. By 2020 it will have fallen further to 65Mb/d. Half of global oil consumption is used by the transportation sector and the majority of that by Road Transport.
Fuel consumption by road transport can be cut sufficiently by conversion to existing Electric Vehicle technologies: the Battery EV and the Plug In Hybrid EV. The Plug In Hybrid technology could reduce the fuel consumption of road vehicles by a factor of 5. Battery EVs eliminate petroleum use entirely. Battery technology has now evolved both in performance and cost to the point that at the very least, urban transport could be provided entirely by the Battery EV with no inferiority in cost, performance or operability. These technologies have major environmental benefits as well as being much more energy efficient.
The "2007: Solving Peak Oil" report provides Policy Makers, Investment Banks, NGOs and anyone concerned with assuring our future energy supplies with a Strategic Analysis of the available technological options and the most Effective Strategies to reduce oil consumption in step with falling production between now and 2020.
Instead of meaning global economic disruption, Peak Oil provides an opportunity to create a new global civilization free of dependence on petroleum.
For more details, see www.meridian-int-res.com where the report can be downloaded on-line or call William Tahil, Research Director, Meridian International Research on +33 2 32 42 95 49.
Meridian International Research is an independent Strategy Research and Technology Consultancy. Founded in 1991, it specializes in the Civil Aerospace, High Technology and Energy sectors.
Source: http://www.evworld.com/view.cfm?section=communique&newsid=9482
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Faith Won't Solve Peak Oil (Score: 1)
by vlad on Thursday, September 15, 2005 @ 22:17:30 GMT
(User Info | Send a Message) http://www.zpenergy.com | Source: Al Jazeerah.Info
[Sep 12, 2005]
SYNOPSIS: Bill Henderson writes that markets can't create oil and the hopeful optimists totally dismiss the scale of needed change.
The world's capital stock doesn't turnover over night. Those who bought SUVs made a big capital investment. In the short-run, they have to pay up to reap any benefit from that investment. The composition of the US auto fleet changes slowly, and that same is true globally. Moreover, Detroit now makes a lot of SUVs, and it cannot suddenly shift to making hybrids. Capital investment and sunk costs and the like. So it is giving the SUVs away at cost, more or less - further delaying the shift in the composition of the US fleet. http://www.rgemonitor.com/blog/setser/97473/
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Read the whole article here: http://www.evworld.com/view.cfm?section=communique&newsid=9485 |
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New Orleans Diaster Tip of Energy Iceberg (Score: 1)
by vlad on Saturday, September 17, 2005 @ 13:38:17 GMT
(User Info | Send a Message) http://www.zpenergy.com | High oil prices arising from The New Orleans disaster highlight the dangers of U.S. dependence on oil. Imagine the Chaos if oil supplies were reduced thourghout the world. Earth's limited oil supplies are being burned at an alarming rate and our government's new energy bill relies on yesterday's technology and depletable energy. The world burns 6 barrels of oil for each new barrel discovered and the geopolitical strains and international conflicts make relying on imported energy extremely perilous. Now is the time to head off peak oil dangers and assure America's energy future with a crash program to develop our undepletable energy resources and reduce the need for oil and radioactive nuclear power. Domestic undepletable energy resources are abundant in North Amreica and could replace oil and other depletable enrgy resources before it's too late.
FOR IMMEDIATE RELEASE
(PRWEB) September 17, 2005 -- The horrific tragedy of Hurricane Katrina and the storm's aftereffects on oil prices and the economy in general offer up a small-scale vision of the even bigger energy crisis looming in the future if we fail to develop sustainable alternative energy sources, officials of Cleanpeace.org charged today.
"The New Orleans disaster underscores the fragility of the U.S. energy system, because of its utter dependence on oil," said Bill Garrett, president and co-founder of the non-profit educational and advocacy group, which supports replacement of depletable fossil and radioactive nuclear energy with undepletable energy from wind, wave action, solar, and biomass wastes.
"Fuel prices have risen dramatically as a result of our economy's inability to sustain even a partial loss of petroleum supplies from a single U.S. port," he continued. "Imagine the chaos if oil supplies were permanently reduced throughout the world.
"We have an urgent responsibility to provide energy security with more plentiful energy," said Cleanpeace.org Chairman and co-founder Roy E. McAlister, an engineer, scientist, author and world authority on energy and materials science. "Oil powers the world's economy. Indeed, it's the foundation of our prosperity."
Some 6.4 billion people depend on petroleum products for their lives and livelihoods. Besides gasoline, diesel fuel, and lubricants, an amazing array of chemicals, plastics, fertilizers, and even medicines are all based on petroleum.
But, he warned, "the earth's limited fossil oil resource is being burned at an alarming rate, and geopolitics threatens to reduce the supply of oil to the U.S. even further."
"We consume six barrels of oil for each new barrel discovered," said McAlister. "We have already reached peak oil—the point at which demand exceeds production capacity. The oil industry has responded by replacing older, spent oil fields with smaller, less productive ones, but these are limited in capacity and cannot provide oil at the rate demanded to power the world economy.
"What’s even more alarming is the possible effect of political conflicts on oil supplies," he said, noting that "OPEC politicians struggle with despots over control of 61 percent of all existing oil resources, as compared to the United States, with less than 3 percent. If OPEC leaders turn off these oil spigots, or if they lose power and their successors choose to do so, inadequate oil supplies will plunge the U.S. economy into chaos, conflict and suffering far worse than the horrors we’ve seen in New Orleans."
"The time for us, as a society, to develop better sources of fuel—sustainable sources—is now," said McAlister. "It is a moral imperative. The technology exists and the dangers are clear, but once again our leaders have chosen the wrong path and support a doomed industry—oil—and a toxic one—radioactive nuclear energy—with subsidies that should be going to develop permanent clean energy solutions," he said.
Congress' recent passage of the Energy Bill, with its multibillion dollar subsidies for oil and radioactive nuclear power, is a sorry example of the nation's short-sighted reliance on yesterday's technology and depletable resources, noted Garret.
"This new law is a giant step back to an era when America’s oil gushed from the ground and advocates of radioactive nuclear energy promised us—erroneously—clean energy too cheap to meter. But the new energy law comes at a time when nature can no longer provide the fossil oil needed to power continued prosperity, and the cost and dangers of radioactive energy are enormous and unfeasible," he said.
"The Energy Bill should have created a crash program to replace petroleum-based fuels with energy from America's abundant domestic, undepletable energy resources—solar, wind, waves, falling water, and biomass wastes," McAlister noted.
He noted that each day more solar energy comes to the Earth than the energy contained in all the oil that ever existed, and nature delivers vast amounts of this energy in waves, wind, and sunlight on scorched deserts where it can be harnessed to power sustainable prosperity without pollution.
"Nature has issued a challenge. It's up to us to see the energy situation clearly and take urgent action to avert a crisis greater than what we've suffered in New Orleans.," Garrett said.
Cleanpeace.org is a not-for-profit organization. Its mission is to promote the development of alternative energy sources such as wind, waves, solar and biomass, and to educate the public on the relationships between energy policy and world peace, prosperity, global warming and pollution. It is based in Bridgeport, Connecticut, and Mesa, Arizona, with supporters throughout the U.S. and the world. For more information, visit the group's website at www.cleanpeace.org.
MEDIA REPRESENTATIVES: Cleanpeace spokesmen are available for print, in person or electronic interviews. In addition, Cleanpeace has background material on sustainable energy resources, as well as depletable energy sources and the politics of energy. Call Bill Garrett at (203) 372-6166 or Roy McAlister at (602) 328-4238 for assistance.
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Source: http://www.prweb.com/releases/2005/9/prweb286553.htm |
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