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chapter 11
Synfuels Again?
We have a vast, untapped oil resource right here in the West that could produce more oil than the Middle East.
—Senator Orrin Hatch, 2005
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Importance: Big Oil would love to "solve" the energy security problem by producing synfuel, but this solution would almost certainly be terrible for the environment.
Main Ideas:
• The U.S. has twice as much profitable synfuel as Saudi Arabia has oil.
• Total profits could easily reach $10 trillion.
• Without carbon capture, this could be a huge source of CO2 emissions.
• The departments of Energy, Interior and Defense are cooperating on synfuel.
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http://stoft.com/p/43.html | 03/12/10 12:57 GMT
Modified: Mon, 05 Jan 2009 05:37:33 GMT
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Amazon
China and India have nixed caps. Without these caps, Kyoto fails. What can be done?
Carbonomics explains "wrecking" the economy, "peak oil," caps, carbon taxes, and Kyoto.
About Carbonomics.
Get discount.
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