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Fall 2015 • Brendan P. Foht contrasts the encyclical with the recent Ecomodernist Manifesto
Fall 2015 • W. David Montgomery on why the encyclical's moral teaching requires better policy
July 9, 2008 •
This week, billionaire oilman (and now wind energy investor) T. Boone Pickens has debuted his new energy policy to wean the U.S. off oil. Pickens says he is prepared to use his own money to advance this plan. At the center of his plan is another fossil fuel — natural gas — and renewable energy like wind power.
What’s the renewable fossil fuel equation? According to CNBC’s recounting of Pickens’s appearance on that network on Tuesday morning:
Developing wind and solar power could lower the use of natural gas in some instances, he said. Some of that natural gas could be redirected to uses normally reserved for oil, like transportation. That, in turn, could lead to a 38 percent reduction in the use of foreign energy supplies, he concluded.
According to the Dallas Morning News, Mr. Pickens plans a long media campaign “to promote his energy policy ideas — which align perfectly with his business investments. He’ll spend tens of millions of dollars on television and Web advertising and will make talk show appearances along the way”:
Mr. Pickens agreed that the shift to natural gas and renewable power will take time. He isn’t trying to address current prices at the pump; Americans will have to find ways to live with expensive gasoline, he said.
And he acknowledges that building natural gas pipelines to every service station, erecting more wind turbines, and stringing the transmission lines to service them, would cost billions of dollars.
But with the U.S. spending $700 billion a year on foreign oil, investing several billion in wind turbines and new transmission lines would be an attractive trade-off, he says.
The businessman also announced Tuesday that he was investing $10 billion on a 4,000 megawatt wind power deal in Pampa, Texas. He referenced an “unbelievable wind corridor from Sweetwater, Texas to the Canadian border” as a possible site for 150,000 megawatts. Pickens toured wind turbines in Sweetwater last week with national media outlets. An Abilene Reporter News story last week quoted Pickens as saying “we’ve already bought the turbines for the first 1,000 megawatts, and we’ll start construction in the summer of 2010.”
Pickens has also launched Clean Energy Fuels, a company that runs natural-gas filling stations for fleet vehicles, according to a MarketWatch story.
Pickens doesn’t plan to discuss energy policy in a bubble; he plans to push the presidential candidates to address the issue. According to the Dallas News, “He aims to make energy a central issue in the presidential election. He’ll challenge the candidates to go beyond pandering on gasoline prices to create real energy plans.”
Actual text of the energy policy is not yet available but the “Pickens Plan” is outlined here. This morning in the Wall Street Journal, Pickens argues that “can be accomplished within 10 years if this country takes decisive and bold steps immediately. This plan dramatically reduces our dependence on foreign oil and lowers the cost of transportation. It invests in the heartland, creating thousands of new jobs. It substantially reduces America's carbon footprint and uses existing, proven technology. It will be accomplished solely through private investment with no new consumer or corporate taxes or government regulation. It will build a bridge to the future, giving us the time to develop new technologies.”
July 9, 2008 •
The Metaefficient blog has an interesting post about the dominance of solar water heaters in Israel and a great picture of Jerusalem “from above” that shows how the skyline there “often glitters with the shine of the thousands of solar heaters that adorn rooftops.” Amazing pictures — check them out.
July 9, 2008 •
The DTN Ethanol blog has a post about Sequesco, a start-up company that is “using synthetic biology to produce advanced biofuels.” The company’s plan is to take carbon dioxide from coal plants and biorefineries and feed it into the firm’s bioreactors, where “large colonies of bacteria would use the greenhouse gas and a nutrient broth to produce ethanol, biodiesel and other valuable byproducts.” Interesting stuff:
Sequesco joins a list of startup companies using synthetic biology to produce advanced biofuels, the Industry Standard said. “But unlike competitors SunEthanol and Amyris, which are engineering microbes to make cellulosic ethanol from various plant biomass sources, it uses waste carbon dioxide as its primary feedstock. The idea is to pump CO2 from large emitters like coal plants or biorefineries into the firm’s bioreactors, in which large colonies of bacteria would use the greenhouse gas and a nutrient broth to produce ethanol, biodiesel and other valuable byproducts. The protein-rich byproduct could be sold as animal feed or fertilizer, while the lipid-rich byproduct could be converted into bioplastics,” the Industry Standard said. “This is similar to what GreenFuel Technologies, a Cambridge, Mass.-based algal biodiesel maker, has been doing. It pipes in CO2 from power plants or industrial processes through large ponds filled with algae to make them grow and then harvests them. Sequesco’s business model can best be described as a hybrid between what GreenFuel and Amyris are doing. Sequesco’s bacteria grow 10 times faster than most algae raised for biodiesel, and because they are non-photosynthetic, they can be grown 24 hours a day, rain or shine. Area isn’t a constraint for the bugs (only volume is), so they can be cultured in conventional, low-cost bioreactors. Since space isn’t an issue, there’s great potential for scalability and the bioreactors can be installed almost anywhere.”
For the basics of synthetic biology, check out this New Atlantis article: “The Promise and Perils of Synthetic Biology.”
July 9, 2008 •
The Interior Department released a proposed rule this week that would allow alternative energy projects that generate power from wind, solar, wind, and wave energy to be located in the U.S. Outer Continental Shelf.