Carbon dioxide emissions will continue rising because hundreds of many number~hordes~tens of millions~huge number~thousands and thousands} of human beings in places like Vietnam, Malaysia as well as South Korea are transitioning to a up to date lifestyle. Specifically, they’re using more hydrocarbons — coal, oil in addition to natural gas. Along with while great number~hordes~tens of millions~huge number~thousands and thousands} argue that we should quit using carbon-depending fuels, the tricky reality is that hydrocarbons are here to stay, says Robert Bryce, a senior fellow at the Manhattan Institute.
There are three reasons why hydrocarbons will continue to dominate the global energy mix for decades to come.
Cost.
A
new analysis by Energy Information Administration (EIA) estimates that wind-generated electricity from onshore wind turbines costs $97 per megawatt-hour — about 50 percent more than the same amount of electricity generated with the natural gas.
Offshore wind is even
more expensive, coming in at $243 per megawatt hour.
The least-expensive
variety of solar-generated electricity costs $210, or more than three times as much as the juice produced with the burning natural gas.
The slow pace of energy transitions.
According to the EIA, in 1949, oil provided 37 percent of America’s total energy
requires.
In 2009, oil’s share of U.S. primary energy
however stood at 37 percent, despite uncounted billions of dollars spent on efforts to reduce our need for oil.
Scale.
Global energy use now totals about 241 million barrels of oil equivalent per day — approximately equal to the total daily oil output of 29 Saudi Arabias.
In addition to
in addition to how will we find the energy equivalent of 25 Saudi Arabias plus have it all be carbon-free?
Here’s the bottom line: Renewables will remain niche players
in the course of the global energy mix for decades to come. The past — along with the foreseeable future — notwithstanding belong to hydrocarbons. And we can expect natural gas, the cleanest of the hydrocarbons, to garner a bigger share of the global energy pie in the course of the near term plus through the long term, says Bryce.
Basis
: Robert Bryce, “Don’t Count Oil Out,” Slate, October 14, 2011. of those 29 Saudi Arabias, 25 — about 210 million barrels of oil equivalent — come from hydrocarbons.
Where
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