Mind the Gap
Today’s blog is posted by guest blogger, Ed Marshall, a Senior Account Manager at Beaupre
Just this year, government agencies around the globe, from the United States to Germany to New Zealand, have generated studies warning that world oil production is within a few years of peaking. Projections for peak world oil demand, however, don’t match up with the projected peak in production.
That mismatch is a problem which only gets worse once past the peak. Current world oil production models see a bumpy plateau that lasts a few years and then a decline rate of about five percent a year sets in as a lack of new discoveries fails to make up the difference. The gap between supply and demand quickly becomes a chasm.
So, how best to narrow the gap? Well, at the outset, peak oil largely presents a liquid fuels and transportation problem. A real focus on driving efficiencies into the transportation sector would be a good place to start. We’ve lived large for decades because energy has been cheap. That needs to change and the good news is that it can. Trains, for instance, are far more efficient for long haul freight, even if it’s a diesel locomotive doing the pulling. Shorter distance delivery can be done by electrified trucks. On the gasoline passenger car front, 40 miles per gallon is becoming the new 30 mpg here in the United States. And, of course, getting more people on better trains that go more places would be a big help.
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Personal reinvention
If you have any doubt about the power of messaging, consider how we talk about renewable energy.
You see parallel arguments today in the crusading defense of ratepayers against even the slightest increases, the fetishizing of big vehicles (
Folks across the entire political spectrum concur the new election may blow a chilling wind across the cleantech industry (if you omit nukes). Budget-cutting is job #1 for this upcoming Congress, and the change of guard within key budget appropriation committees does not bode well for future government cleantech investments.