V2 - Introduction To Energy
V2 - Introduction To Energy
1. Source: Tony S
Source: Unknown Source: Unknown 2. Source: Toru Yamanaka 3. Source: iStockphoto Source: Unknown
Hydro 2.2%
Nuclear 5.8%
Oil
33.2%
Coal
27%
Gas
21.1%
Telecom
$2.0T
Chemicals
$1.7T
Energy Agriculture
$5.8T Pharma
$2.5T
$0.65T
Auto
$1.9T
Packaged
Food
$1.4T
The World’s Energy Market is Growing
Faster then the world’s population
Source: NASA
http://www.google.com/imgres?imgurl=http://www.planetsofthesolarsystem.net/images/earth.jpg&imgrefurl=http://www.planets
Why are we continuing to consume
more oil every year?
Increased Energy Consumption leads to a Better Quality of Life
Without oil
Without coal
Without gas
40000
35000
30000
25000 1. Source: Shutterstock
Images LLC
Source: Unknown
Btu/L
10000
5000
0
Gasoline
Li-ion battery
Jet Fuel
150 bar hydrogen
LNG
Ethanol
Diesel Fuel
Source: Unknown
1. http://www.photo-dictionary.com/phrase/534/gas-can.html
Demand for World’s Oil is Increasing
Oil Consumption by Region
http://www.fool.com/investing/general/2014/02/28/legendary-investor-says-we-should-forget-the-oil-b.aspx
Isn’t Fracking going to make the US an
Oil exporter soon?
Source: Arthur Berman, Petroleum Truth Report Source: Mark Perry, American Enterprise Institute
Arthur Berman, Petroleum Truth Report Mark Perry, American Enterprise Institute
November 2012 July 2013
The Department of Energy does not view the US as
becoming “Energy Independent” any time soon
Source: NASA
Fracking is not new technology
$100/barrel simply allows the technology to be used
17
Oil Production Over the Last 10,000 Years
Thousands of barrels/day
Time (years)
When we think about energy we
also need to think about food
Source: Unknown
Carbohydrate Lipids
Protein
Source: iStockphoto
Source: Unknown
Millions of people
Time (years)
Source: Unknown
So does that mean tough luck
for the rest of the world?
Source: Unknown
1. http://nypost.com/2013/06/21/radical-buddhist-monk-accused-of-inciting-riots-that-have-killed-hundreds-of-muslims/
The World Consumes 16 Terawatts of
Energy every Year - 85% Fossil Fuel
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