Declining Energy and National Survival15 Sep
At a minimum, a super power requires two assets to maintain its position, both economically and geopolitically. These are money and energy. As for the former, the United States is broke, and in the latter case, there are several unresolved issues that require large-scale cooperative efforts involving the Government, industry, universities and banking:
- Dwindling supply of indigenous crude oil
- Limited growth of renewable energy technologies due to cost
- Domination of renewable technologies by countries with national energy development plans
- Aging electric grid
- Potentially unsafe nuclear power plants operating beyond their expected lifetimes
- Limited indigenous uranium reserves
- Questionable supply of natural gas from shale
- Potentially unsafe hydraulic fracturing methods to produce shale gas
- Lobbying by oil and gas companies for their own interests
So far, the Obama administration has failed to recognize these issues and propose a comprehensive plan.
Tags: Aging Electric Grid, Dwindling Crude Oil, Limited Shale Gas, Limited Uranium Reserves, Renewable Technologiy Growth, SBIR, Unsafe Nuclear Power Plants