A Quote by Jim Ratcliffe
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.
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This curious faith is predicated on the notion that we will soon develop unlimited new sources of energy: domestic oil fields, shale oil, gasified coal, nuclear power, solar energy, and so on. This is fantastical because the basic cause of the energy crisis is not scarcity: it is moral ignorance and weakness of character. We don't know how to use energy or what to use it for. And we cannot restrain ourselves. Our time is characterized as much by the abuse and waste of human energy as it is by the abuse and waste of fossil fuel energy.
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.
The source of all the energy is the sun. The big challenge is, how do you use all of that energy? Solar power has to fascinate you. There have been strides to get the costs down, and if this will work, you have to get costs down so it is competitive with fossil fuels.
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.
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.
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.
If we are serious about moving toward energy independence in a cost-effective way, we should invest in solar energy. If we are serious about cutting air and water pollution and reducing greenhouse gas emissions, we should invest in solar 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.
The transition from coal, oil, and gas to wind, solar, and geothermal energy is well under way. In the old economy, energy was produced by burning something - oil, coal, or natural gas - leading to the carbon emissions that have come to define our economy. The new energy economy harnesses the energy in wind, the energy coming from the sun, and heat from within the earth itself.
The total amount of energy we use every year - from coal, oil, natural gas, hydro, nuclear, and everything else - is dwarfed by the amount of solar energy hitting the planet each year.
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.
I think a portfolio standard should go beyond wind, solar and geothermal energy to include renewable energy like hydropower and clean alternatives such as coal gasification, clean coal, nuclear energy and, finally, credits for achieving new levels of efficiency and conservation.
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.
There should be intensive research of all forms of clean energy - sun power, wind power, water power including wave power. In some places thermal energy is available. I stayed on a ranch which, with solar panels and two windmills, provided its own energy.
At a time when we are dealing with unpredictable suppliers of energy abroad and higher gas costs at home, the decision to increase domestic energy exploration is integral to a balanced, common sense energy policy.
We simply have to transition from an economy based almost exclusively on oil and coal and natural gas to one that's far more diversified, that uses solar energy, and wind energy, and the power of the tides, and bio-mass energy, and eventually, develops hydrogen.
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