Seeking Alpha

Carlibra » Comments » IEZ

  • Is Oil a Bubble? Part 3 [View article]
    You'r 90% figures is incorrect. We use 30% for transportation, 30% for food production and then 30% for plastics, chemicals, including fertalizers. We don't need to only use hydro-carbons to make electricity, the biggest nuclear reactor of all is above us giving it to us for free, just look up. Thermal energy can be accessed from below. The world supply is on the decline while demand is exploding. Oil is not in the future and the transition off of it will take place and it's going to be painful at first but Germany has set a good example; already past 20% renewable energy produced from the sun.... going for 30% now. That's the kind of leadership we need in the USA.
    Jun 08 22:25 pm |Rating: 0 0 |Link to Comment
  • Is Oil a Bubble? Part 3 [View article]
    USA is using 25 million barrels/day of oil, what if 30% of that energy didn't have to be from oil but from solar power instead? Well, Germany is almost there. They already attained their target of 20% and are not going for 30%. Oil is limited, solar is not... it's that simple. Uneven global heating creates wind patterns.... that's free if you'll just tap it. Cars could be made to run on electricity. Isreal is adopting an interesting approach where by you buy a car and rent the battery. You'll just swap out your low battery for a fully charged battery. A company, ALTI, makes fast charging batteries. There is huge geothermal resource sitting right under Yellowstone Park, that's essentially free heat --> steam --> electricity. Huge water flow & tidal forces are at play in places like the Hudson River and the like, not to mention the Golden Gate. In addition, skys-crappers could tap into strong wind for power. OCTL.OB has a nano solar product to coat windows so that they make solar energy. The technology is out there but what we lack is imagination and adequate leadership. Why didn't Bush want to sign that energy bill that would have required energy companies to produce just 20% of their energy from renewable sources by 2020? Because he is only pro-oil and has no vision for this country, instead now we're in a crisis state. Adding 1 million barrels/day from Alaska won't really solve our problems if we're using 25 per day, it will help only somewhat... Sugar cane is 10x more effective as corn in making ethanol, the Brazilians know that, why don't we? As for me, I'm using my bicycle 95% of the time and in my next long trip I'm taking a bus and train.
    Jun 08 17:29 pm |Rating: 0 0 |Link to Comment
More on IEZ by Carlibra
Comments by Ticker
Carlibra's
Comments Stats
11 comments
Rating: 0 (1 is - 1 is )