A Quote by Bill Gates
The US in some ways has been the best. Who figured out shale gas? Although that wasn't a good thing [for CO2 levels], it was very innovative. It's led to low-cost energy. Who figured out nuclear power? Largely the United States. Once you get past the steam engine, which is mostly British, then the US has been at the center of most of the energy things that have happened.
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Nuclear power is cost-competitive with other low-carbon technology and is a crucial part of our energy mix, along with new sources of power such as shale gas.
... the job [at the Manhattan Institute] gives me a platform where I can focus on the themes that I explored in both Gusher of Lies and Power Hungry: that the myths about "green" energy are largely just that, myths; that hydrocarbons are here to stay; and that if we are going to pursue the best "no regrets" policy with regard to energy, then we should be avidly promoting natural gas and nuclear energy.
Do your analysis of energy costs. Either it comes from windmills and solar or things like nuclear and shale gas. You have to think about how you provide competitive energy for U.K. Ltd.
Historically, the United States has had a wonderful energy policy. We're blessed with a diversity of resources. We have oil. We have gas. We have coal. We have nuclear. And renewables. And as a result, one of our biggest competitive advantages has been affordable energy. You need a strong economy and you need affordable energy to fuel that economy.
At some point, that risk-taking private capital can take over, and have patents and trade secrets and things that let them lead the way, which happened with the steam engine and some other things, although with energy, the time of adoption is a lot longer than it is with, say, IT products or even medical advances, like drugs and vaccines.
Natural gas has been sold as clean energy. But when the gas comes from fracturing bedrock with about five million gallons of toxic water per well, the word “clean” takes on a disturbingly Orwellian tone. Don’t be fooled. Fracking for shale gas is in truth dirty energy.
Shale gas represents a promising new potential energy resource for the UK. It could contribute significantly to our energy security, reducing our reliance on imported gas, as we move to a low-carbon economy.
We have been developing an ever closer relationship with China on climate change for many years which has led to collaboration on carbon trading, offshore wind development, on low-carbon buildings, on nuclear energy, and on carbon capture and storage - to name just some of the ways in which we're working together.
In the near future, despite the development of alternative energy, when you look at the economics and environmental standards, then there's no other source of primary energy in the world than natural gas. Well, perhaps there is nuclear energy but there are also a lot of issues there and there are opponents of nuclear energy. Gas doesn't have those opponents. But there is a country that is, obviously, the world leader in gas reserves. That's our country, the Russian Federation.
Energy doesn't come to us so much from the things around us-although we can absorb energy directly from some plants and sacred sites. Sacred energy comes from our connection to the divine inside us.
Power is not something we should be afraid of. Power is great, power is energy. And in terms of energy, the most important energy is human spiritual energy and when I say spiritual, I feel like have to be very careful, I don't mean religious, I mean the energy of the mind, the energy that exists within us.
I've been overexposed to so much energy - not just ghosts and spirits but residual energy - overexposing myself to locations where bad things have happened and to levels of electro-geometric energy.
I assume we will have figured out a way to efficiently utilize solar energy and tied that to an efficient way to use nuclear energy in such a way that it doesn't pose a serious environmental issue.
What I want is natural gas to be a bridge to a cleaner energy future, not a dam against a cleaner energy future, not a dead end. To get this right, to get the most out of it, we not only have to make sure we exploit natural gas in a clean way - it's a challenge - but we also have to make sure that we are instilling and implementing all the incentives to win solar, nuclear energy efficiency that will make them continually competitive with natural gas in the future.
Your financial cost can best be figured out when you realize that if you were to devote the same time and energy to business instead of gold, you would be a millionaire in approximately six weeks.
Let's take energy, for instance. I understand that in some industries, the input cost of energy is a major factor in whether an industry is going to locate in the United States or go elsewhere. So, when, at Bain Capital, we started a new steel company called Steel Dynamics in Indiana, the cost of energy was a very important factor to the success of that enterprise.
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