Download The Power Surge: Energy, Opportunity, and the Battle for by Michael Levi PDF
By Michael Levi
The us is within the throes of 2 unfolding strength revolutions, and partisans--convinced that merely their facet holds the foremost to American prosperity, defense, and safety--are combating over which one should still succeed. In The energy Surge, Michael Levi takes readers inside of those revolutions. He indicates how oil and fuel construction, after a long time in decline, are being propelled upward by means of new applied sciences and excessive costs, prompting lovers to foretell an fiscal renaissance and imminent strength independence. at the different facet of the struggle, he visits eco-startups and brands having a bet on a brand new power destiny, revealing how extra effective vehicles and vans are more and more dominating the line and prices for renewable strength have plummeted, major many to bring in a starkly diverse destiny that strikes past fossil fuels and saves the planet.
Armed with on-the-ground classes, and drawing on insights from economics, politics, diplomacy, and weather technological know-how, The energy Surge takes at the massive claims made by means of either side within the struggle over American power, explaining why the purists are usually mistaken. either unfolding revolutions in American power provide tremendous possibilities for the rustic to reinforce its economic climate, bolster its defense, and defend the surroundings. Levi indicates tips to grab people with a brand new procedure that blends the easiest of outdated and new strength whereas keeping off the true hazards that every poses.
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Additional info for The Power Surge: Energy, Opportunity, and the Battle for America's Future
Jobs were important, but they weren’t everything. “You get a pot of gold. But if you got earthquakes, people say, they don’t want the pot of gold that’s creating the earthquakes. ’Cause if they wanted earthquakes they’d have moved to California. . ” Later in 2012, the National Academy of Sciences appointed a panel to study the earthquake issue. 65 But earthquakes were only the latest in a long litany of ills that were increasingly attributed to the operations surrounding natural gas production from shale.
S. reliance on oil. 36 • THE POWER SURGE Here’s a striking set of numbers. 41 Basic chemistry says that a thousand cubic feet of natural gas contains almost as much energy as eight gallons of gasoline. Some quick arithmetic tells you that within a quarter century, the United States may be producing shale gas that contains as much energy as a hundred billion gallons of gasoline annually. That’s almost as much as Americans consume every year. Alas, there’s more to the world than chemistry. S. cars and trucks that ultimately benefits the country as a whole.
Finding gold underground makes people rich, and so does finding natural gas. The trick is to take into account the cost of extracting the resource: little money can be made drawing natural gas out of the ground unless the gas can be sold for more than it costs to produce. S. S. economy, which totals about $15 trillion. For shale gas enthusiasts, though, this was far from the end of the story. Americans wouldn’t just make money extracting natural gas; they’d also profit from using it. Fifty miles east of Carrollton, where I visited the Chesapeake drill site, Shell had announced plans to build an ethane cracker.