In case you missed it the same line is over in "News, not improved".
Just to be clear: I am extremely pleased that this is coming out so early in the election cycle. Hopefully both sides will endorse the folly of ethanol, the sooner the better. If both make it clear that the ag lobby is not going to pull them around the whole friggin' world will be better off. Plenty of smart ag guys have already called "BULLSHIT" on any thought that the US consumption of petroleum could be seriously supplanted by any kind of ethanol ramp up --
http://www.bloomberg.com/apps/news?pid=20601039&sid=a0uHD5Li.uLM&refer=columnist_wasik
If you talk to people who understand the shear volume of energy that the US consumes the consensus is that ultimately there is NOTHING to fill that maw -- the people who know this best happen to be oil biddness:
http://www-esd.lbl.gov/SECUREarth/presentations/Energy_Brochure.pdf
If you read through that thing you will not get a warm fuzzy -- despite ExxonMobile plowing huge amounts of their profit into R&D they probably won't be able to keep pace with the increasing costs of oil exploration/production, let alone make any significant headway towards moving away from oil.
Folks, this is "dismal science" at it is darkest. If cuurent trends continue only some true "science fiction" type breakthrough means the shear volume of world wide energy use could collapse the WHOLE SHEBANG. I'm not talking "energy business" this would be the ENTIRE GLOBAL ECONOMIC ENTERPRISE AS IT IS CURRENTLY STANDS.
More likely there is going to be one HUGE ASS SHIFT toward electricty. The amount generated can be ramped up relatively quickly, get the idiots to shelve their fears of nukes and we could increase capacity 10 fold in as little as 2-3 years. Even with current (still shitty compared to oil) energy densities of batteries, greater than 70% of routine trips could be accommodated. That has the potential to do wonders for the doomsday issues, though at some significant costs/shifts in mindset. LOTS and LOTS of people would have to give up their gasoline powered cars and/or get second/third vehicles to balance out the "electric capable routine trips" and "gotta burn gas on this journey" efforts.
I have doubts that market forces alone will be able to get people to shift quickly enough, though I fear that excessive legislation would be counterproductive -- the whole "liberty /security thing" would enter in here, though from a whole different angle than a lot people see it in the "Patriot Act" arena. Generally the lower one is on the economic totem pole the more "disrupted" you are going to be. Perversely, the best way to deal with this may be by using your meager resources to invest in the tradional oil/energy companies -- clearly they have the most to lose AND the greater ability to push newer technologies that will keep them dominate (or hide technology and really f us all, though there shareholders would do ok if they don't get caught...)
And that ain't even taking into account greenhouse gases...
tliet: The models I've seen for large scale movement of goods seem to already be far more efficient than one would guess. The fraction of costs associated with all transport are rarely more than single digit. From pigs to purses it is just really easy to move stuff around the globe.
http://www.extension.iastate.edu/AgDM/livestock/html/b1-33.html http://www.federalreserve.gov/FOMC/beigebook/2007/20070613/FullReport.htm
I agree that "think globally, act locally" is a wonderful sentiment but that ain't gonna make up for the fact that they can grow oranges in Haifa and not in Holland.
Edited 1 time(s). Last edit at 02/14/2008 07:55AM by stan adams.