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Originally posted by SwearBear
Europe is already building it's first fusion reactor, it will be located in France.
news.bbc.co.uk...
In recent years, the debate over nuclear power has revived, with proponents maintaining that we can find environmentally sound and politically acceptable ways to deal with the waste and security hazards. But even assuming that to be true, the potential is limited. To produce enough nuclear power to equal the power we currently get from fossil fuels, you would have to build 10,000 of the largest possible nuclear power plants. That’s a huge, probably nonviable initiative, and at that burn rate, our known reserves of uranium would last only for 10 or 20 years.
As things stand today, the only possible substitutes for our fossil-fuel dependency are light from the sun and nuclear energy. Developing a way of running a civilization like ours on those resources is an enormous challenge. A great deal of it is social and political...
Originally posted by Frosty
No more cheap oil? We have more oil now than we did 10 years ago when it was $20 per barrel. Why? The Canadian oil-sands and deep offshore rigs. Things that all the doomsayers that came out during the Y2K mania who us about peak oil and running out did not take into consideration.
Originally posted by benevolent tyrant
We do not have an oil shortage. In fact, the United States has enough oil to supply fuel needs for 400 years!
- from your oil shale link
Since the future prospects for oil shale remain uncertain, the RAND report recommends that the federal government refrain from major investments in oil shale development until the private sector is prepared to commit its technical, management and financial resources.
"Almost all of the arable land on Earth would need to be covered with the fastest-growing known energy crops, such as switchgrass, to produce the amount of energy currently consumed from fossil fuels annually." (U.S. DOE)
Originally posted by Gools
Sorry to burst your bubble though...
Current usage is about 68,000 tU/yr. Thus the world's present measured resources of uranium in the lower cost category (3.5 Mt) and used only in conventional reactors, are enough to last for some 50 years.
www.world-nuclear.org...
Originally posted by Frosty
No more cheap oil? We have more oil now than we did 10 years ago when it was $20 per barrel. Why? The Canadian oil-sands and deep offshore rigs. Things that all the doomsayers that came out during the Y2K mania who us about peak oil and running out did not take into consideration.
Originally posted by sardion2000
Originally posted by Frosty
No more cheap oil? We have more oil now than we did 10 years ago when it was $20 per barrel. Why? The Canadian oil-sands and deep offshore rigs. Things that all the doomsayers that came out during the Y2K mania who us about peak oil and running out did not take into consideration.
Two things wrong with your statement. First off oil-sands costs allot to refine. You cannot get around that, it became economically feasible at 60 $ Barrel and 60 $ barrel is not cheap by any means.
Secondly Y2K was a real problem and your comment insults all of us who worked and solved that problem at the last minute due to denyer nonsense in the executive suites. Airtraffic and all other vital systems were never vulnerable but E-Commerce was wide open to bugs and failures so please next time learn before you pop off at the mouth.
Do computers really think?
People acted as if computers were going to launch missiles with nukes at other countries and that there wasn't enough time or man power to fix the problem. All I am saying is that I first started to hear about peak oil during the Y2K mania.
I was also under the impression that new methods of extracting shale and sand oil are still being researched to drive the cost down to about $40-50 per barrel.
Anyway, throium as a nuclear fuel is used to breed U233 which is the fissionable material. Currently the biggest researcher into this is India, because of the Nuclear Prolifiration Treaty they failed to abide.
As far as alternatives such as ethanol are concerned, those which use plant matter from farmland, the idea is horribly wrong and its concequences do not bode well for food supplies.
Originally posted by sardion2000
Do computers really think?
People acted as if computers were going to launch missiles with nukes at other countries and that there wasn't enough time or man power to fix the problem. All I am saying is that I first started to hear about peak oil during the Y2K mania.
Sorry about that I'm just a bit touchy as I was in the middle of that as a hardware tech and they were riding my ass into the ground with updating the software in order for it to be compliant, the Y2K mania allthough not completely justified did help avert an economic collapse instead we had a technology deflation. We were never in danger of an Apocolypse as the most vital systems were fixed far sooner then the E-Commerce comps. Exectutives Phaw.
I was also under the impression that new methods of extracting shale and sand oil are still being researched to drive the cost down to about $40-50 per barrel.
True but 40-50 isn't cheap still, and it won't stay there forever as demand shows little sign of slowing or stopping. How many barrels of Shale does Canada have anyway? And I read a DOE report that cautioned the US gov't to wait till 80 $ a barrel to start pumping serious money into it.
Anyway, throium as a nuclear fuel is used to breed U233 which is the fissionable material. Currently the biggest researcher into this is India, because of the Nuclear Prolifiration Treaty they failed to abide.
But how much do we have left? I know we don't have that much regular urainium left something like 50-60 years as stated above, how much time will Thorium add to this?
As far as alternatives such as ethanol are concerned, those which use plant matter from farmland, the idea is horribly wrong and its concequences do not bode well for food supplies.
Totally agree, but we do have huge stores of Canola that pretty much goes to waste. Ask Dulcimer about that, surplus could be turned into Biodiesel and blends could be mandated just to buy us a bit more time.
Peak Oil is a real problem. Every finite resource has a peak, its predicting when it's going to hit and how hard it will hit that things start to get complicated.
[edit on 21-9-2005 by sardion2000]
In a recent survey conducted by CNW Marketing, over one-third of new-car buyers are now considering a hybrid, and they're willing to pay a $3,000 premium. This number stands in stark contrast to the beginning of the summer when a scant 5% of new-car buyers were interested. And they were only willing to pay $500 extra.