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Oil, Security, Environment, Technology
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Oil, Security, Environment, Technology
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As an energy source, oil is hard to beat. In spite of reports to the contrary, there’s still lots of it available—1 trillion barrels—and the cost of extracting and harnessing it for use in transportation and industry is cheap. But, Ernest Moniz reminds us, the energy equation needs to include some important new factors: insecurity of supply and environmental stewardship. The price and convenience of fossil fuels decreases quickly when you take into account the costs of global warming and ensuring stability in the Middle East. If the U.S. ever develops a serious energy policy, says Moniz, here are some key objectives: Reduce oil demand by producing higher efficiency vehicles; target “unconventional reservoirs of oil” in places like Canada and Venezuela; and develop alternative liquid fuels from such ubiquitous sources as cellulose. Hydrogen power is hugely uneconomical, with viable technology decades away, so we “can’t afford to have a focus on this direction impede serious approaches regarding security and the environment,” concludes Moniz.
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- Published:
2002
- LearnOutLoud.com Product ID:
O015531
Science
Environment
Politics
Contemporary Issues
Technology
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