A Quote by Nikola Tesla
Electric power is everywhere present in unlimited quantities and can drive the world's machinery without the need of coal, oil, gas, or any other of the common fuels.
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Natural gas obviously brings with it a number of quality-of-life environmental benefits because it is a relatively clean-burning fuel. It has a CO2 footprint, but it has no particulates. It has none of the other emissions elements that are of concern to public health that other forms of power-generation fuels do have: coal, fuel oil, others.
Since 1850, burning of fossil fuels, coal, oil and natural gas has increased 100 times to produce energy as the world has industrialized to serve the world's more than 6 billion and growing population.
The real requirement, if we are to avoid runaway global warming, is probably 80% by 2030, and almost no burning whatever of fossil fuels (coal, gas and oil) by 2050.
There is an urgent need to stop subsidizing the fossil fuel industry, dramatically reduce wasted energy, and significantly shift our power supplies from oil, coal, and natural gas to wind, solar, geothermal, and other renewable energy sources.
We've recognized that natural gas would be the fastest-growing of the conventional fuels: oil, natural gas, coal. And so, we see the important role that natural gas will play globally and, more importantly, the important role it will play in the U.S. in terms of meeting future energy demand.
Coal, oil and natural gas have lit homes and powered machinery for centuries, driving civilization forward. But as human development accelerated, the unsustainability of such energy became apparent.
Government, not the oil industry, is the biggest 'profiteer' from oil. And it uses the tax revenue to expand its own authority at the expense of the individual, as it does with an endless number of other industries - including electric power, coal, lumber, pharmaceuticals, automobiles, aircraft, and agriculture. The Statist's intrusion to the free market is boundless.
Under pressure from a growing movement of people who want their money out of fossil fuels, universities, pension investors and foundations are looking to exclude coal, oil and gas stocks from their portfolios.
In terms of energy sectors, we need coal; we need oil; we need gas; we need uranium. And we need to have rules and regulations that allow those companies to stay in business.
Faust was this mythical figure who sold his soul to the devil for unlimited power. The Japanese have made that Faustian bargain because they don't have coal, oil or hydro power.
We need to replace coal with gas. We need to leave oil in the ground.
In the near term, oil is galloping ahead and leading our economy. We have to corral the "horse" and gradually reduce our dependence on oil and coal, in their present forms. Green-energy investment is inherently high-tech, and we could lead in the next-generation energy technologies, as we did and do now with oil and gas. All it takes is leadership!
Though we still come first in the sphere of gas export, national production has diminished due to the increasing volumes of hydrogenation for the electric power industry and therefore there is a lower need for gas at thermal power plants.
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.
Embracing a low carbon economy will be as momentous as the previous industrial revolutions. As the shift from coal to oil did. And the shift from gas light to electric light. It has the potential to give us the competitive edge in the new global economy. The scale of the challenge is extraordinary. We will need to reinvent in the way we live our lives, the way our world works
Natural gas emits only half the carbon dioxide of coal when burned, but if methane leaks when oil companies extract it from the ground in a sloppy manner - methane is far more potent a greenhouse gas than carbon dioxide - it can wipe out all the advantages of natural gas over coal.
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