by MonteQuest » Sat 12 Aug 2006, 16:26:54
$this->bbcode_second_pass_quote('matt21811', 'O')K. CTL for 30 years, with say, 2 decades to replace coal electricity with nuclear. Biofuel will do its part to stretch is all out a few years. Dots connected, with everything still running very normal way past the date when I'm dead.
You need to review this:
http://www.globalpublicmedia.com/lectures/461If the current trend of oil decline continues at 8%, 50 % of oil production will be lost in less than 9 years.
You are dying that soon?
GTL loses 40% of it's energy as CO2. How are you going to sequester all that coal carbon? At what cost?
Ignore global warming?
Coal and electricty are still not liquid fuels and ethanol providing 4.7% of our fuel in 2012 is hardly enough.
$this->bbcode_second_pass_quote('', 'I')'d also like to point out that US domestic production is fairly meaningless by itself. I think you can rest assured that the US will import biofuel if it is cheaper and poor countries will be very happy to have the chance to sell it. Global figures are more usefull.
US domestic production was 38% of world capacity in 2004, and has increased since then. Hardy meaningless.
$this->bbcode_second_pass_quote('', 'I') presume you are questioning the IEA 2025 figure. I don't really care when peak oil occurs. I'm thinking the IEA have a bit of an idea of what they're doing.