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Clean Development Mechanism - CDM
This Ad Space Available Through the Renewable Energy Institute
info@CleanDevelopmentMechanism.net
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Clean Development
Mechanism
www.CleanDevelopmentMechanism.net
Clean Development Mechanism - CDM
What is
the Clean Development
Mechanism?
The Clean Development
Mechanism as it relates to industrialized countries and their their nation's
companies are able to earn "Emission
Reduction Credits," while developing countries acquire technology and
capital and earn Emission
Reduction Credits that can either be banked or sold. Additionally the Clean
Development Mechanism grants Emission
Reduction Credits for investments in new, emissions-reduction projects that
are located in developing countries.
The Clean Development Mechanism is a Kyoto Protocol "flexibility mechanism" that was authorized under Article 12 of the Kyoto Protocol which oversees emissions reductions in projects that are located in developing nations. These countries are not subject to the binding Greenhouse Gas Emissions caps under the Kyoto Protocol.
Our ecogeneration solutions are focused on "Carbon Free Energy" and "Pollution Free Power." These technologies, which include Concentrating Solar Power plants completely eliminates Greenhouse Gas Emissions and Carbon Dioxide Emissions from our climate and atmosphere which are associated with all fossil fuel power plants.
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Energy Investment Banking
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www.EnergyInvestmentBanking.com
What
is Energy Investment
Banking?
Energy investment banking is very similar to traditional investment banking in that energy investment banks raise capital, trade in securities and manage corporate mergers and acquisitions, except that energy investment banks operate in the energy, oil and natural gas and more recently, renewable energy sectors.
We are interested in working with principals at energy investment banks that have interest in providing capital for companies in the energy, oil and natural gas and renewable energy industries. The companies we either represent or are providing consulting services to have; superior products, services, assets, management–led buyouts, acquisition financings, minority recapitalizations, capital for funding the growth of existing businesses or other opportunities - all of which are led by a superior management team that is adept at generating average profits and provide a "durable competitive advantage."
Companies we are interested in assisting include:
1.
Superior Management Teams: The present management team must have a proven record of achievement, exceptional ability, unyielding determination, and unquestionable integrity.
We believe it is best to leave control with current the present owners and/or management team so that they can focus on their products/services, customers, employees and shareholders well for the long term.
2. Investment Size: $5 million to $25 million of equity capital. We may partner
or syndicate with other investors or venture capital firms larger transactions.
3. EBITDA: Near–profitable to $10 million.
4. Growth: Historical growth of at least 20% per year which is sustainable into the future.
5.
Market Size: Growing rapidly or large enough to allow company to achieve $100 million in revenues.
6. Industry: Present emphasis is in the energy, oil
and natural gas - with a specific emphasis in the midstream
oil and gas and midstream
assets sector, as well as renewable energy.
7.
Location: Continental U.S.
We seek to make investments for at least 6 to 7 years and provide "patient capital" for sustained growth and to assist our portfolio companies in succeeding.
PLEASE NOTE: We do NOT have interest in any of the following:
startups, publicly traded companies, real estate developments of any kind, project finance or funding opportunities,
oil and gas exploration companies (oil and gas production companies acceptable),
troubled companies, turnarounds or in any company where senior management is departing.
If you have a business and financing need that meet all of the above criteria (items 1 - 7) above, we would be interested in reviewing an Executive Summary of your Business Plan. Please send the complete executive summary to us at: info@EnergyInvestmentBanking.com
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What is "Decentralized Energy"?
Decentralized Energy is the opposite of "centralized energy." Decentralized Energy energy generates the power and energy that a residential, commercial or industrial customer needs, onsite. Examples of decentralized energy production are solar energy systems and solar trigeneration energy systems.
Today's electric utility industry was "born" in the 1930's, when fossil fuel prices were cheap, and the cost of wheeling the electricity via transmission power lines, was also cheap. "Central" power plants could be located hundreds of miles from the load centers, or cities, where the electricity was needed. These extreme inefficiencies and cheap fossil fuel prices have added a considerable economic and environmental burden to the consumers and the planet.
Centralized energy is found in the form of electric utility companies that generate power from "central" power plants. Central power plants are highly inefficient, averaging only 33% net system efficiency. This means that the power coming to your home or business - including the line losses and transmission inefficiencies of moving the power - has lost 75% to as much as 80% energy it started with at the "central" power plant. These losses and inefficiencies translate into significantly increased energy expenses by the residential and commercial consumers.
Decentralized Energy
is the Best Way to Generate Clean and Green Energy!
How we make and distribute electricity is changing!
The electric power generation, transmission and distribution system (the electric "grid") is changing and evolving from the electric grid of the 19th and 20th centuries, which was inefficient, highly-polluting, very expensive and “dumb.”
The "old" way of generating and distributing
energy resembles this slide:
The electric grid of the 21st century (see slide below)
will be
Decentralized, Smart, Efficient and provide "carbon
free energy" and “pollution
free power” to customers who remain on the
electric grid. The electric grid of the future will be comprised of
both Onsite Power
Generation plants and "utility
scale power plants" that are fueled/powered with Biomass
Gasification, Biomethane, Concentrating
Solar Power, B100 Biodiesel, Distributed
PV, EcoGeneration Systems, Geothermal
Power Plants, Synthesis
Gas, Rooftop PV, Solar
Cogeneration, Solar Energy
Systems, Solar Power Parks, Solar
Trigeneration and Wind Power
Generation - located at Residential, Commercial, Industrial
and City/Municipal Locations.
Some customers will choose to dis-connect from the grid entirely. (Electric grid represented by the small light blue circles in the slide below.)
The transmission grid will be upgraded to a "Transmission Superhighway" with green electrons now being wheeled via "High Voltage Direct Current."
Typical "central" power plants and the electric utility companies that own them will either be shut-down, closed or go out of business due to one or more of the following: failed business model, inordinate expenses related to central power plants that are inefficient, excessive pollution/emissions, high costs, continued reliance on the use of fossil fuels to generate energy, and the failure to provide efficient, carbon free energy and pollution free power.
Carbon free energy and pollution free power reduces our dependence on foreign oil and makes us Energy Independent while reducing and eliminating Greenhouse Gas Emissions.
* Some of the above information from the Department of Energy website with permission.
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Hubbert's Peak Oil Predictions Now Proving True?
Marion King Hubbert was a geologist and scientist who worked at Shell Oil company's research lab in Houston, Texas. Hubbert made several important contributions to geology, geophysics and petroleum geology. Hubbert is most recognized for the "Hubbert Curve" and " Hubbert Peak Theory" which is now referred to as " Peak Oil.
Hubbert's life work determined that the world has a finite amount of petroleum that can be produced. (Similarly, there is a finite amount of coal.) Many scientists and engineers believe we have reached Hubbert's "peak oil" limit. Hubbert's espouses that when 50% of domestic crude oil production has been reached, that there will be such significant upward demand on prices of the limited supplies of oil production, that the U.S. economy will experience severe economic, social, and political turmoil.
Hubbert's Peak Oil predictions have proven to be true and this is validated as the U.S. in the early 1970's produced about 60% of its' oil demand and imported 40%. That equation has flipped since then, because our domestic oil production has been on the decline since 1970, so now, due to our declining domestic oil production, we have to import 60% of our oil supplies, to meet our country's oil/energy demands.
The Next Oil Shock Could be the "mother" of All Oil Shocks
How severe our economic calamity and next "oil shock" will depend upon a number of factors, including when this occurs, as well as the following:
1. the dependence of the individual country upon its own crude oil production to meet its energy needs and to subsidize consumer imports;
2. the rate of relative decline in crude oil production;
3. the degree of difficulty encountered in replacing missing energy inputs;
4.
the degree to which our country had prepared in advance for this inevitable geological
and economic calamity.
Examples of past "oil shocks" and the economic and political
calamities that followed:
United States: Our peak crude oil production of domestic oil occurred in
1970; the first "oil shock" and oil crisis followed in 1973 with the
Arab/OPEC Oil Embargo.
Soviet
Union: Their peak crude oil production
was in 1989; what happened next?
Their country disintegrated and the collapse of the Soviet Union followed in 1991.
Indonesia: Their peak crude oil production was in 1991; their financial
and government crisis followed in 1997.
Iraq: Iraq's crude oil production was in 1989; they then invaded Kuwait (for their oil) in 1991.
Iran: Their peak crude oil production occurred in 1974; They had their islamic revolution 1979 that overturned government and replaced it with radical islam.
Using Mr. Hubbert's predictions, that beginning around 2000 we would see peak (global) oil production, then, if the country's not weaning themselves off of their oil addiction, and had not begun making the switch to renewable energy, that the negative economic and political calamities would soon follow, including ever-increasing prices of energy that is from fossil fuels.
Now is the time to begin weaning ourselves off of fossil fuels and making the transition to and increasing the use of renewable energy. If you don't believe in climate change, or global warming, GREAT! Join us in the switch to renewable energy and a fossil-free economy!
What
is the Kyoto Protocol?
The Kyoto Protocol is an international agreement linked to the United Nations Framework Convention on Climate Change. The major feature of the Kyoto Protocol is that it sets binding targets for 37 industrialized countries and the European community for reducing greenhouse gas (GHG) emissions of six primary greenhouse gases, which are:
carbon dioxide (which represents 80% of all Greenhouse Gas Emissions)
HFC's
methane
nitrous oxide
PFC's
sulfur hexafluoride
These
Greenhouse Gas Emissions
amount to an average of five per cent against 1990 levels over the five-year
period 2008-2012.
The major distinction between the Kyoto
Protocol and the Convention is that while the Convention encouraged
industrialized countries to stabilize Greenhouse
Gas Emissions, the Kyoto Protocol
commits them to do so.
Recognizing that developed countries are principally responsible for the current
high levels of GHG emissions in the atmosphere as a result of more than 150
years of industrial activity, the Kyoto
Protocol places a heavier burden on developed nations under the principle of
“common but differentiated responsibilities.”
The Kyoto Protocol was adopted in
Kyoto, Japan, on 11 December 1997 and entered into force on 16 February 2005.
184 Parties of the Convention have ratified its Kyoto
Protocol to date. The detailed rules for the implementation of the Protocol
were adopted at COP 7 in Marrakesh in 2001, and are called the “Marrakesh
Accords.”
The Kyoto Mechanisms
Under the Kyoto Protocol, countries
must meet their targets primarily through national measures. However, the Kyoto
Protocol offers them an additional means of meeting their targets by way of
three market-based mechanisms.
The Kyoto Protocol mechanisms are:
•International
Emissions Trading – known as “the carbon market"
•Clean development
mechanism (CDM)
•Joint implementation (JI).
The mechanisms help stimulate green investment and help Parties meet their
emission targets in a cost-effective way.
Monitoring Greenhouse Gas
Emissions targets
Under the Kyoto Protocol, a country's
actual emissions have to be monitored and precise records have to be kept of the
trades carried out.
Registry systems track and record transactions by Parties under the mechanisms.
The UN Climate Change Secretariat, based in Bonn, Germany, keeps an
international transaction log to verify that transactions are consistent with
the rules of the Kyoto Protocol.
Reporting is done by Parties by way of submitting annual emission inventories
and national reports under the Kyoto
Protocol at regular intervals.
A compliance system ensures that Parties are meeting their commitments and helps
them to meet their commitments if they have problems doing so.
Adaptation
The Kyoto Protocol, like the
Convention, is also designed to assist countries in adapting to the adverse
effects of climate change. It facilitates the development and deployment of
techniques that can help increase resilience to the impacts of climate change.
The Adaptation Fund was established to finance adaptation projects and programs
in developing countries that are Parties to the Kyoto
Protocol. The Fund is financed mainly with a share of proceeds from Clean
Development Mechanism project activities.
The road ahead
The Kyoto Protocol is generally seen
as an important first step towards a truly global emission reduction regime that
will stabilize Greenhouse Gas
Emissions, and provides the essential architecture for any future
international agreement on climate change.
By the end of the first commitment period of the Kyoto
Protocol in 2012, a new international framework needs to have been
negotiated and ratified that can deliver the stringent emission reductions the
Intergovernmental Panel on Climate Change (IPCC) has clearly indicated are
needed.
What are Greenhouse
Gas Emissions?
Greenhouse
Gas Emissions are those greenhouse gases that allow sunlight to enter the
atmosphere freely and contribute to the greenhouse effect, which many believe is
the cause of global warming. There are natural and man-made greenhouse gas
emissions. The primary greenhouse gases thought to be major contributors
to global warming are; carbon
dioxide emissions (CO2), methane emissions (CH 4) and nitrogen
oxides (N2O).
The
primary sources of greenhouse
gas emissions from manmade sources include; fossil-fueled power plants such
as natural gas power plants and coal fired power plants. Other sources of
greenhouse gas emissions linked to manmade causes include internal
combustion engines (fueled by gasoline and petroleum diesel) and deforestation.
Many
people don't realize that as much as 25% of per cent of the carbon dioxide
emissions are naturally absorbed by the ocean and another 25% of the carbon
dioxide emissions are absorbed by our biosphere, such as trees, plants, soil,
etc. This leaves about 50% of the carbon dioxide emissions that are not
absorbed and remaining in our atmosphere. As previously stated, carbon dioxide
emissions are linked primarily to the burning of fossil fuels (power plants,
cars, trucks, etc.) and deforestation.
Greenhouse
gas emissions have been on the increase ever since the dawn of the
industrial revolution.
What
Are Greenhouse Gases?
Many chemical
compounds found in the Earth’s atmosphere act as “greenhouse gases.” These
gases allow sunlight to enter the atmosphere freely. When sunlight strikes the
Earth’s surface, some of it is reflected back towards space as infrared
radiation (heat). Greenhouse gases absorb this infrared radiation and trap the
heat in the atmosphere. Over time, the amount of energy sent from the sun to the
Earth’s surface should be about the same as the amount of energy radiated back
into space, leaving the temperature of the Earth’s surface roughly constant.
What are Carbon Dioxide Emissions?
According
to the EPA, Carbon Dioxide
Emissions, or "Carbon
Emissions" or simply "CO2," are generated in a number of
ways. Carbon Dioxide Emissions
are produced naturally through the carbon cycle and through human activities
like the burning of fossil fuels.
Natural sources of CO2 occur within the carbon cycle where billions of tons of
atmospheric CO2 are removed from the atmosphere by oceans and growing plants,
also known as ‘sinks,’ and are emitted back into the atmosphere annually
through natural processes also known as ‘sources.’ When in balance, the
total carbon dioxide emissions and removals from the entire carbon cycle are
roughly equal.
Since the Industrial Revolution in the 1700’s, human activities, such as the
burning of oil, coal and gas, and deforestation, have increased CO2
concentrations in the atmosphere. In 2005, global atmospheric concentrations
of CO2 were 35% higher than they were before the Industrial Revolution.
Carbon Dioxide Emissions are responsible for about 80% of the problems related to Greenhouse Gas Emissions.
Carbon Dioxide Emissions and carbon dioxide are one of the six chemicals
methane and Biomethane
nitrous oxide
hydrofluorocarbons
perfluorocarbons
sulfur hexafluoride
and all six chemicals are planned to be significantly reduced via the global agreements under the Kyoto Protocol and new legislation in the U.S. under the pending "Cap and Trade" regulations in an effort to prevent climate change.
How Can We Decrease
Greenhouse
Gas Emissions?
Greenhouse
gas emissions can
be reduced by switching from fossil fuels to renewable energy technologies, such
as solar energy systems, and
upgrading brown buildings to Net
Zero Energy Buildings.
Why Are Atmospheric Levels of Greenhouse
Gas Emissions Increasing?
Levels
of several important greenhouse gases have increased by about 25 percent since
large-scale industrialization began around 150 years ago (Figure 1). During the
past 20 years, about three-quarters of human-made carbon
dioxide emissions were from burning fossil fuels.
Figure
1. Trends in Atmospheric Concentrations and Anthropogenic Emissions of Carbon
Dioxide

Concentrations
of carbon dioxide in the atmosphere are naturally regulated by numerous
processes collectively known as the “carbon cycle” (Figure 2). The movement
(“flux”) of carbon between the atmosphere and the land and oceans is
dominated by natural processes, such as plant photosynthesis. While these
natural processes can absorb some of the net 6.1 billion metric tons of
anthropogenic carbon dioxide emissions produced each year (measured in carbon
equivalent terms), an estimated 3.2 billion metric tons is added to the
atmosphere annually. The Earth’s positive imbalance between emissions and
absorption results in the continuing growth in greenhouse gases in the
atmosphere.
Figure
2. Global Carbon Cycle (Billion Metric Tons Carbon)

What Effect Do Greenhouse Gas
Emissions Have on Climate Change?
Given
the natural variability of the Earth’s climate, it is difficult to determine
the extent of change that humans cause. In computer-based models, rising
concentrations of greenhouse gases generally produce an increase in the average
temperature of the Earth. Rising temperatures may, in turn, produce changes in
weather, sea levels, and land use patterns, commonly referred to as “climate
change.”
Assessments
generally suggest that the Earth’s climate has warmed over the past century
and that human activity affecting the atmosphere is likely an important driving
factor. A National Research Council study dated May 2001 stated, “Greenhouse
gases are accumulating in Earth’s atmosphere as a result of human activities,
causing surface air temperatures and sub-surface ocean temperatures to rise.
Temperatures are, in fact, rising. The changes observed over the last several
decades are likely mostly due to human activities, but we cannot rule out that
some significant part of these changes is also a reflection of natural
variability.”
However,
there is uncertainty in how the climate system varies naturally and reacts to
emissions of greenhouse gases. Making progress in reducing uncertainties in
projections of future climate will require better awareness and understanding of
the buildup of greenhouse gases in the atmosphere and the behavior of the
climate system.
What Are the Sources of Greenhouse
Gas Emissions?
In
the U.S., our greenhouse gas emissions come mostly from energy use. These are
driven largely by economic growth, fuel used for electricity generation, and
weather patterns affecting heating and cooling needs. Energy-related carbon
dioxide emissions, resulting from petroleum and natural gas, represent 82
percent of total U.S. human-made greenhouse gas emissions (Figure 3). The
connection between energy use and carbon dioxide emissions is explored in the
box on the reverse side (Figure 4).
Figure 3. U.S. Anthropogenic Greenhouse
Gas Emissions
by Gas, 2001
(Million Metric Tons of Carbon Equivalent)

Figure 4. U.S. Primary Energy Consumption and Carbon Dioxide Emissions, 2001

Another
greenhouse gas, Biomethane, comes from
landfills, coal mines, oil and gas operations, and agriculture; it represents 9
percent of total emissions. Nitrogen
oxides (5 percent of total emissions), meanwhile, is emitted from burning
fossil fuels and through the use of certain fertilizers and industrial
processes. Human-made gases (2 percent of total emissions) are released as
byproducts of industrial processes and through leakage.
What
Is the Prospect for Future Carbon
Dioxide Emissions?
World
carbon dioxide emissions are
expected to increase by 1.9 percent annually between 2001 and 2025 (Figure 5).
Much of the increase in these emissions is expected to occur in the developing
world where emerging economies, such as China and India, fuel economic
development with fossil energy. Developing countries’ emissions are expected
to grow above the world average at 2.7 percent annually between 2001 and 2025;
and surpass emissions of industrialized countries near 2018.
Figure
5. World Carbon
Dioxide Emissions by Region,
2001-2025
(Million Metric Tons of Carbon Equivalent)

The
U.S. produces about 25 percent of global carbon
dioxide emissions from burning fossil fuels; primarily because our economy
is the largest in the world and we meet 85 percent of our energy needs through
burning fossil fuels. The U.S. is projected to lower its carbon intensity by 25
percent from 2001 to 2025, and remain below the world average (Figure 6).

Figure
6. Carbon Intensity by Region, 2001-2025
(Metric Tons of Carbon Equivalent per Million $1997)
Energy
Production and Carbon Dioxide
Emissions
For over one
hundred years, energy and power production have been generated around the world
through the burning of fossil fuels, including; fuel oil, coal, diesel,
and natural gas. Over the past decade, environmental science and research
has discovered and linked global warming, and global climate change to the carbon
dioxide emissions from the combustion of fossil fuels. This has placed
an increased need to reduce energy consumption and discover more environmentally
friendly fuel sources.
What
are Feed In Tariffs?
A "feed
in tariff" (FIT) has proven to be the most successful incentive for
rapidly expanding the use of renewable
energy technologies.
Feed In Tariffs have been used as a "stimulus" to jump start the renewable energy industry in many countries. They were widely adopted by countries in Europe such as Germany, which has repeatedly led the world in solar energy systems deployment, all because of their Feed In Tariffs.
Feed-in tariffs have proven to be much more successful than the Renewable Portfolio Standard that is still presently used in the U.S.
More
specifically, a feed-in tariff is the price per unit of electricity that a
utility or supplier has to pay for renewable electricity from private
generators, such as a home owner who has, for example, installed a solar
energy system on their rooftop.
Feed In Tariffs are also known as:
Electricity Feed Laws, Feed-in Tariffs (FITs), Advanced Renewable Tariffs (ARTs)
and Renewable Tariffs.
Our company provides peak-shaving, demand side management, solar cogeneration, solar trigeneration and solar energy systems renewable energy project development services for our commercial, industrial and utility clients.
We work closely with our attorneys and affiliated sources that prepare and promulgate Power Purchase Agreements, Energy Purchase Agreements, Energy Service Agreements for our clients that have our company install, own and operate one of our cogeneration, peak-shaving, solar cogeneration, or solar trigeneration energy solutions for their qualified commercial business.
What is Greenhouse Gas Reporting?
Greenhouse gas reporting is required of certain companies within certain industries depending on the amount of greenhouse gas emissions they generate.
More specific information and updates follow from the following information which was adapted from the EPA's website:
In response to the FY2008 Consolidated Appropriations Act (H.R. 2764; Public Law 110–161), EPA issued the Mandatory Reporting of greenhouse gas emissions - known as Rule (74 FR 56260). This rule requires reporting of the data relating to greenhouse gas emissions and other relevant information from large sources and suppliers in the United States. The purpose of the rule is to collect accurate and timely GHG data to inform future policy decisions.
In general, the Rule is referred to as 40 CFR Part 98 (Part 98). Implementation of Part 98 is referred to as the Greenhouse Gas Reporting Program (GHGRP).
Suppliers of certain products that would result in greenhouse gas emissions if released, combusted or oxidized; direct emitting source categories; and CO2 injection facilities that sequester CO2 underground in the form of geologic sequestration or any purpose other than geologic sequestration, are covered in Part 98.
Is Your Company or Industry Subject to
Greenhouse Gas Reporting?
The U.S. Environmental Protection Agency (EPA) now mandates greenhouse gas reporting of greenhouse gas emissions under the U.S. EPA's Clean Air Act.
The Greenhouse Gas Reporting Program (GHGRP) minimum annual threshold reporting greenhouse gas emissions is 25,000 metric tons of carbon dioxide emissions each year.
The GHGRP rule requires annual reporting of a company's carbon emissions for their greenhouse gas emissions including;
carbon dioxide (CO2)
methane (CH4)
hydrofluorocarbons (HFC's)
nitrous oxide (N2O)
sulfur hexafluoride (SF6)
and other "fluorinated" greenhouse gases
Those businesses and their facilities that emit 25,000 metric tons or more per year of greenhouse gas emissions are required to submit annual reports to EPA.
Part 98 was published in the Federal Register (www.regulations.gov)
on October 30, 2009 under Docket ID No. EPA-HQ-OAR-2008-0508-2278.
On November 9, 2011, the U.S. Environmental Protection Agency finalized technical corrections and other clarifying amendments to seven subparts under the Greenhouse Gas Reporting (40 CFR part 98). In this action, EPA amended 40 CFR part 98 to correct technical and editorial errors and to address certain issues identified as a result of working with entities required to report during rule implementation and outreach. In general, these amendments do not change the overall requirements of the rule but improve clarity and ensure consistency across the calculation, monitoring and data reporting requirements. In addition, EPA has provided a one-time extension of the reporting deadline to September 28, 2012 for the 12 source categories (I, L, T, W, DD, FF, II, QQ, RR, SS, TT, UU) that began collecting data in 2011 to ensure sufficient time for development and stakeholder testing of the electronic Greenhouse Gas Reporting tool for these subparts.
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America's "Clear and Present Danger"
America
Has INCREASED its' Dependence on Foreign
Sources of Energy by 50% Since 1973.
America
is even more "addicted" to foreign oil today, than we were in 1973 -
1974 when OPEC, Saudi Arabia and other suppliers from the Middle-East
stopped selling us their fossil fuels, and created a significant blow to our
economy.
According to the CIA Fact Book, Every Day, the U.S.
PRODUCES: 7,460,000 bbls of oil
CONSUMES:
20,800,000 bbls of oil
This
Means that 65% of America's Energy Supplies are Now Imported from Suppliers
from Foreign Countries.
Simply put, about 65% of the gasoline in your car's gas tank, comes from a foreign country.
EVERY day, the U.S. must IMPORT over 13 million bbls of oil from foreign countries and foreign suppliers to meet demand.
At
$80/barrel of oil, this also means that $1,040,000,000.00 American Dollars leave
our country, EVERY DAY, to foreign countries/suppliers of our fossil fuels, to
pay for the energy we need.
That's
$1 Billion EVERY day leaving our economy, and going to support a foreign
country's economy.
Talk
about our foreign trade deficit..... nearly $400 Billion each year, leaves our
country to pay for our oil addiction and the energy we need. To be exact,
that's $379,600,000,000.00 American Dollars.
This is NOT acceptable.
America needs to quickly transition to Energy Independence.
Renewable Energy is the Only Way America Can Achieve Energy Independence.
Millions of new and sustainable American jobs would be created here at home, if we would end our addiction to foreign fossil fuels, and quickly transition to an economy based on renewable energy and renewable fuels, produced here in the U.S.A.
The good news is that today, America already has all of the Renewable Energy Resources and Renewable Energy Technologies needed to make American Energy Independence a reality.
According to Monty Goodell, Founder and Chairman of the Renewable Energy Institute, "our increased dependence and reliance on foreign energy supplies represents a Clear and Present Danger to our national security, our economy, and the lives and livelihood of every American. Energy - including the energy we use from imported fossil fuels, is the very "lifeblood" of the American economy as it is for every industrialized country. An economy dies without it's lifeblood of energy. This Clear and Present Danger we face is far more serious than the problems related to greenhouse gas emissions. And while greenhouse gas emissions are very serious issue, in the long-term, pales in comparison to America's vital national security interests and America's economic stability in the short term. For this reason alone, America needs to transition away from its addiction to foreign energy supplies. And America's abundant renewable energy resources such as the energy we receive from the sun, and renewable energy technologies such as concentrated solar power (CSP) plants - can supply 100% of America's power requirements with a concentrating solar power plant measuring 75 miles by 75 miles, located in the Southwest U.S. By generating America's power from concentrating solar power plants, America resolves its' short-term Clear and Present Danger as it relates to importing its energy from foreign countries, and the long-term problems relating to greenhouse gas emissions."
Continuing, Mr. Goodell states that "too many Americans have forgotten what happened to us in 1973, when the Arabs and OPEC brought the United States economy to a screeching halt during the OPEC Oil Embargo. This happened because they (mainly the country of Saudi Arabia) disagreed with our foreign policy and is the reason why they "turned off the tap" of our need for their oil supplies. When Saudi Arabia and OPEC stopped the vital flow of oil to our country in 1973, they caused an "oil shock" that severely and negatively impacted our economy.
Mr. Goodell's question for us to ponder is, "do these countries who sell us 60% of our daily energy requirements, like us and our foreign policy, or might they leverage our addiction to their fossil fuels, and turn off the tap to make us adjust or revise our foreign policy?? Like any addict, America's foreign policy may be held hostage to its addiction, and in this case, our addiction to foreign oil, may over-ride our national interests."
Have
American's forgotten the gas shortages and long lines at
their gas stations to get
gas during the Arab Oil Embargo of 1973?
"Apparently so." Mr. Goodell states that "in 1973, America was 'addicted' and 'over the barrel' of foreign oil to the amount of 40%. Forty percent of our energy 'needs' in 1973 came from countries - many of which didn't like us then, and I'm afraid, many of them still don't. The difference between 1973 and today - is that today we receive 50% MORE foreign oil now than we did in 1973. And now we know about the problems relating to greenhouse gas emissions that we didn't know then. America needs to change course, and change course now, in terms of its' energy supplies and how we keep America's economy strong, without the threat of being held hostage to a middle-east tyrant or regime, that could once again, turn on us, and turn off our supply of foreign oil."
Remember ????

"Sadly," Monty Goodell continues, "most Americans have forgotten the long lines of people waiting in their cars
- lined up and waiting
for gasoline at their nearby gas station, with lines that were many blocks
long. And, after waiting 4-5 hours, many even waiting overnight in many places, to
finally take their turn to fill up their car with gasoline, only to find that
the gas station
had run out of gas."
"Let me Repeat.... That was 1973 when we imported 40% of our daily energy requirements in the form of crude oil from overseas, and from foreign countries - and many of these from countries that don't like us.
Today, over 35 years later, America has yet to learn the lesson. We cannot continue our reliance on energy from foreign countries that supply us with 60% of the crude oil that our refineries use as a feedstock for producing gasoline and diesel fuel for our cars and trucks comes from overseas.
America is "over the barrel" and it's not our barrel, but the barrels of oil that we are addicted by and owned by other countries. Why have we not learned the lessons we needed to learn in 1973 when we were cut-off from the vital energy supplies we need?
Countries like China, are growing rapidly, and have an insatiable need for crude oil. China, with their booming economy, is increasingly growing in its clout and control over international supplies of crude oil - whether they do this through their ability to buy as much oil as they need on a daily basis, or whether they simply but American drilling rigs, technology, and explore and produce oil and gas from their own fields. China, is buying large amounts of oil for their country, and causing upward pricing on declining supplies. What happens if Russia, with all of their oil and natural gas, along with China and Venezuela, with or without the help of OPEC, decided to NOT sell oil to us????
To be sure, greenhouse gas emissions are a problem, and to some, greenhouse gas emissions are also a Clear and Present Danger, but not to the extent that it presents an imminent Clear and Present Danger.
America's reliance for 60% of our energy "needs" coming from foreign suppliers is un-acceptable.
The "driver" to get America to begin reducing and eliminating fossil fuel use should be our nation's national security and the welfare and safety of its citizens. And this can all begin with developing and investing in our own renewable energy resources and renewable energy technologies, let's start by putting solar on every rooftop that has a clear and unobstructed view of the Southern sky. See www.RooftopPV.com or www.DistributedPV.com for more information. Let's create incentives begin with adopting a national "Feed In Tariff" as Germany did in 1990.
We simply do NOT have the luxury of time on our hands. We need to end our
dependence and reliance on foreign fossil fuels, especially from countries that
don't like us! We need to rapidly begin expanding renewable energy
resources and renewable
energy technologies from our vast and abundant renewable energy resources,
such as; solar, solar energy
systems, solar cogeneration,
solar trigeneration,
"solar on every roof," along with; Biomass
Gasification, B100 Biodiesel, Biomethane,
E100
Ethanol (from cellulosic, agricultural waste, sugar cane, etc., and NOT from
corn), Geothermal Power Plants,
Natural Wastewater Treatment,
Synthesis Gas, Waste
To Energy, Waste To Fuel and Wind
Power Generation where it makes economic and environmental sense."
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Are you doing your part to prevent Climate Change and End America's Reliance on Foreign Energy?
Our following EcoGeneration technologies, including; Biomethane, B100 Biodiesel and Synthesis Gas Fuels Generated from our "Waste to Fuel" technologies, are Carbon Free Energy and Pollution Free Power solutions that will:
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