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Politics : Actual left/right wing discussion

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To: Wharf Rat who wrote (4800)11/14/2006 11:01:04 PM
From: mistermj  Read Replies (1) of 10087
 
That is quite the congressional fear mongering spin Rat.

"Crash program" indeed. Maybe they should learn to read better.

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Another source of optimism for this energy-hungry world emerged from another report this week, this one a technical paper from the Los Angeles-based think tank Rand Corp. It ran 1,500 simulations of varied energy prices and technology costs to estimate future supplies of both renewable and nonrenewable fuels.

It concluded that up to one-quarter of the electricity and motor fuels consumed in the United States in 2025 could be produced from renewable sources, up from only 6 percent today. For that to happen, the price of fossil fuels must remain high and the costs of producing alternative energy must keep falling.

"The renewables case could displace about 2.5 million barrels a day of petroleum products in the United States in 2025, or 20 percent of total consumption," the Rand report said.

Together, the two reports give hope that energy will be plentiful for another generation or more.

"I've never seen so much activity in terms of energy technology all along the spectrum," Yergin said. "I think the system is responding."
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