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That's Future - what about now? (Score: 1)
by Doug on Monday, September 13, 2004 @ 14:04:21 GMT
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All well and good if you are in love with nukes, but the reality of NOW is that demand for oil will be the big impact in the immediate period of 1-5 years.

There's no getting around this (count India in there too) as Chinese people buy cars at an amazing rate. I'm not saying they shouldn't either - they are only trying to get up to where the West is already, but there is no way the oil system is geared for year on year 10-20% increases in consumption. Cars cannot run on coal or nukes. We already extract it at a rate 4X that at which it is discovered (not even considering Global Warming effects of burning it).

Don't believe me? Fine, sit back and watch. My company has already been hit by increases in the cost of buying steel, of about 30% and more to come. Our suppliers tell us it is ALL because of demand from China and no let-up in sight.

Capacity cannot be built overnight, but economic shocks can develop rapidly.

Cheers,

Doug


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Re: Insatiable appetite for Energy... (Score: 1)
by ElectroDynaCat on Thursday, September 16, 2004 @ 08:46:27 GMT
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For China its going to have to be nuclear power or no power, for the simple reason that it actually takes oil to burn coal in a powerplant.

It takes an average of one liter of diesel fuel to mine, clean, and transport one metric ton of coal to power station.

Maybe the Chinese, especially the 800 million of them that are living in the countryside begin to see the results of urbanization: traffic, overcrowding, high prices, noise, stress and pollution, maybe they will have second thoughts about the modern lifestyle and vote to remain in their present pastoral setting.


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