When it suits the pocket, human ingenuity comes through
With such high prices for non-renewable resources, such as petroluem, radically driven by demand and controled by OPEC [cough-cough: and its predominate oil-producing countries in the Middle East and then Venezuela], both Europeans and Americans seem to be increasingly more conscious of eco-friendly alternatives. When it hits where it hurts (i.e., the wallet), human ingenuity is incredible, and with all the science and technology directed towards warcraft, this cannot be questioned. It's cliche, but where there is a will, there is a way! Now, if human intellect and economic resources were fully-concentrated on more productive avenues than warfare who knows what might be possible....
Again, Britain comes to mind. With such such high-prices and exponential energy demands, the country is desparate to find cost-effective solutions to both short- and longterm energy sources of energy: the lastest being sea-energy, tidal and wave generated energy, expected to meet 5% of England's energy needs at competative prices.
Update [26.01.2006]: The rising costs of energy is at the top of the World Economic Forum's agenda.
posted by Kathryn Soraya Khamsi at 5:34 PM
5 Comments:
in providing background for a research article on zinc-air fuel cells and how they will mix into the world's energy supply, I ran across a summary of all of the known catagories of energy production and their relative costs, with solar as the most expensive, large hydro as the cheapest, and oil as the second cheapest. this was just the cost to the consumer, though, it ignored externalities. the problem is that the externalities associated with oil are a rather big deal. what would the price of oil be if we included the cost of the wars we've fought to protect it and the damage to our health because of it's use?
this is probably the biggest economic/political question of our time:
how to turn externalities into real costs?
Shaun,
Thanks for commenting, but even more so for the useful information. If it is on the web, please share your article.
Thanks!
Kathryn
the article about zinc-air fuel cells was never published. just an undergrad research paper.
as for the energy cost comparison.... i could have a look and maybe would be able to find the book, but it would surely be outdated by now.
here is a link explaining the primary options, but sadly without a price comparison http://en.wikipedia.org/wiki/Renewable_energy
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