The 21st Century Energy Initiative
Thursday, May 29, 2008
Is demand finally slowing?
A couple interesting articles:
 The average per-gallon price topped $4 in 11 states.
 People are finally cutting back.
My guess? Short term, prices will come down a bit (don't they always go up right before a 3-day weekend?). Long term, prices will increase dramatically. Unless there is a world-wide depression, in which case, all bets are off. Bottom line: Supply is decreasing. Peak oil is hitting countries, now:
That said, the fundamental supply is shrinking and demand is increasing. Alternatives to burning stuff for energy are the only thing that will get us through the coming decades. One person's perspective.
Labels: Supply and Demand
Wednesday, May 21, 2008
Peak Oil Impact On Airlines / Airports.
Is there a relationship between the falling dollar and rise in oil prices?
Greentech labor shortages.
Oil company gets into batteries!
More electric car companies
Both Hillary Clinton & John McCain appear to not understand the simple supply & demand relationship. Until addiction to oil is cured, expect more unrealistic and inconsistent promises.
Labels: Political Inaction
Tuesday, May 20, 2008
Export Land Model: Is it worse than the pessimists think?
Available oil (to importing countries) could reduce dramatically faster than originally thought.
Monday, May 19, 2008
Never thought I'd say this: Thank you, GM.
Wednesday, May 14, 2008
Google & "Big Oil" Invest $115 million in Solar.
Banks now investing in greentech!
Tuesday, May 13, 2008
Move to electric vehicles
GM is moving to electric vehicles in a Big Way: A123 Systems, whose founder Ric Fulop said "Somebody lit a fire under [GM's] butt in 2006. I’ve never seen a large company move so fast and put so many resources behind something."
One of the reasons? All car-makers are being / will be pressured to increase fuel efficiency. Electric vehicles is one way to do this.
Monday, May 05, 2008
Oil doubles in a year
Here's another hint that it might make sense to invest in commercializing renewable energy technology, right about now:
Labels: Physics and Facts
Friday, May 02, 2008
Electric vehicle a reality: now.
Responding to consumer demand, market trends and to position themselves for the future, General Motors, Ford, Tesla, Renault and dozens of other automobile companies are bringing plug-in hybrid vehicles to market. (Example: Tesla unveils (125 mph equivalent) production electric car!)
According to Oak Ridge National Laboratory, if plug-in hybrid cars account for 20% of new-car sales in the U.S. by 2020, up to 160 new power plants will be needed. This makes the current efforts to “turn down your air conditioner” pale in comparison to the impact of the move towards electric vehicles.
Just as shifting to corn-ethanol has produced an unintended consequence of no real carbon reduction and rising food costs, a shift to electric vehicles will dramatically reduce or even negate all current and future climate-change effort – without a corresponding substantive move toward renewable energy production.
Thursday, May 01, 2008
Gas Tax "Holiday"?
Unbelievable! First, (some) politicians want to buy your vote by giving you back you own money (via the stimulus package). Then they want to do the exact opposite of what needs to be done to reduce our gas consumption (again, by trying to buy your vote) - by deleting Federal taxes on gasoline over the (pre-election) summer.
The reason this is the exact opposite of what is needed to help us reduce our dependence on oil is: Higher prices reduce consumption. Lower prices (now) encourages higher demand, which uses supply and equals higher prices (later). Again, short-term thinking.
Even though I am for market-driven solutions, the exact right thing to do would be to increase gas taxes (reducing demand) and use that money to develop innovative new technologies to support our utilities and oil companies to move toward carbon-reducing solutions. Unfortunately, that is not politically savvy: John Anderson tried that in 1980 and only received 7% of the popular vote. Lesson learned! Which is why we're now in a downward spiral of lower dollar value and upward spiral of oil prices. Don't blame the oil companies, don't blame the politicians, blame ourselves for being fooled. not once, but every election cycle.
Thomas Friedman's article is worth reading: especially if you're interested in how tax policy & energy strategy do (or don't) work.