ENERGY INDEPENDENCE
The FED has doubled the money supply by printing fiat dollars
backed by nothing. When OPEC sees the value of the dollar drop
they raise the price per barrel and the price of gas at the pump
goes up.
But lower prices and American energy independence are
possible if we burn America?s coal and natural gas.
Why do we accept a 600 billion trade deficit with OPEC each year
when America has 200- 300 years worth of natural gas and 1/4th
the world's coal reserves?
Government policy based on the New World Order ?Green?
religion is the sole barricade to American energy independence.
The doctrine of global warming maintains the status quo for
OPEC and big oil; despite the fact the American people have
rejected Cap & Trade.
The German economy relied on coal gas during the Second
World War as petroleum shortages forced Nazi Germany to
develop the Fischer-Tropsch synthesis to produce synthetic fuel
for aircraft and tanks.
South Africa has no significant oil reserves, and relies on coal for
most of its oil production. The country has a highly developed
synthetic fuels industry, as well as small deposits of oil and
natural gas.
Sasol has been operating the Sasol-Lurgi fixed bed coal
gasification process for more than fifty years, and with ninety
seven units in operation still remains the world's largest
commercial application of this technology.
Some economic models suggest gas from coal can compete
when oil sells for $55 or more per barrel. Currently oil is
approximately $100 a barrel.
India and China are demanding more oil every year because their
economies are growing. Instead of competing for past peak
OPEC oil, America should utilize coal and natural gas to declare
energy independence, create American jobs and improve our
balance of trade.
And it makes a lot more sense to convert America's fleet to
natural gas than to push electric cars with limited range. But
creating an infrastructure to charge electric cars will require more
coal fired electric generation. Only coal fired plants can be built
quickly enough. Nuclear plants will take years to bring online.
Waste Management Inc. will begin conversion of its diesel trash-
hauling fleet in Vancouver later this year to compressed natural
gas. The company estimates savings of 35-to-45 per cent in fuel
costs
Declaring American energy independence will free the USA from
spending trillions on foreign wars and financing the terrorists who
brought us 911. Can you imagine how many lives could have
been saved and how much better America?s economy would be if
the 1 trillion spent in Iraq had been spent in the USA?
Global warming caused by man is not proven science despite all
the government grants money doled out for the creation of
supporting data! One wonders how many global cooling theories
could have been purchased for the same grant money.
And China is not surpassing America in clean energy
development. It derives less than 1% of its energy from alternate
sources. But China does utilize all of its coal and natural gas
resources and has recently signed a 50 billion dollar deal to
import coal from Australia and is attempting similar contract with
American coal companies in the Powder River Basin.
Hypocrisy: How will exporting coal to China from the US and
Australia instead of burning it in America reduce CO2 or global
warming?
http://www.alternet.org/environment/148983/energy_companies'_
big_plans_to_exploit_the_american_west_to_feed_china's_insati
able_appetite_for_coal/
General Electric on Wednesday announced that it plans to sign agreements with Chinese partners this week to partner on technology ventures for its clean energy, aviation and rail transportation divisions.
The deals total more than $2 billion in revenue for GE, and are expected to generate more than $1 billion in exports from the U.S. — not bad for the nation’s second-largest manufacturing exporter.
They also demonstrate the increasing economic interdependence between the U.S. and China.
A quick summary of the deals:
- GE Energy is partnering with the Shenhua Group to develop coal gasification technologies in China, which are important for commercial-scale deployment of cleaner coal plants.
- GE Energy and China Huadian Corp. are working together to develop distributed energy combined heat and power (DECHP) projects, which GE expects to become the most efficient natural gas solutions for China.
- GE Transportation signed a letter of intent with China’s Ministry of Railways to provide $350 million worth of U.S.-built locomotives, locomotive sub-assembly kits, service support and signaling systems for China’s railway upgrade.
- GE Transportation signed a letter of intent with the Ministry of Railways to reaffirm both firms’ intent to collaborate on high-speed rail and electric rail opportunities in North America.
- GE Aviation and Aviation Industry Corporation of China will jointly develop and market a new generation of avionics systems, with a priority on the development of China’s first home-grown large passenger jet. (Some of this technology is in use for Boeing’s 787 Dreamliner, the New York Times reports.)
The company also said it was selected as one of 10 companies that will participate in a new U.S.-China public-private partnership on healthcare technology and services.
GE has said publicly several times that it was looking to China for business expansion; along with indicating that the company was “back on offense,” chief executive Jeff Immelt has announced plans to invest more than $2 billion in China through 2012 to expand research and development.
Illustration: GE
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- Immelt: In 2011, GE goes ‘back on offense’
- GE hits $6 billion target for renewable energy investments
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