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Energy Strategies for 2030 - Beyond Oil
Demand for energy is projected to grow by 50-60 percent
A comprehensive view to 2030 of global oil and natural gas
by the National Petroleum Council.
The Council found that total global demand for energy is projected to grow by 50-60 percent
by 2030, driven by increasing population and the pursuit of improving living standards. At the same
time, there are accumulating risks to the supply of reliable, affordable energy to meet this growth,
including political hurdles, infrastructure requirements, and availability of a trained work force. We
will need all economic, environmentally responsible energy sources to assure adequate, reliable supply.
There is no single, easy solution to the global challenges ahead. Given the massive scale of the
global energy system and the long lead-times necessary to make material changes, actions must be
initiated now and sustained over the long term.
US and Global Energy Future
Over the next 25 years, the United States and the world face hard truths about the global
- Coal, oil, and natural gas will remain indispensable to meeting total projected energy demand
- The world is not running out of energy resources, but there are accumulating risks to continuing
expansion of oil and natural gas production from the conventional sources relied upon
historically. These risks create significant challenges to meeting projected total energy demand.
- To mitigate these risks, expansion of all economic energy sources will be required, including
coal, nuclear, biomass, other renewables, and unconventional oil and natural gas. Each of these
sources faces significant challenges including safety, environmental, political, or economic
hurdles, and imposes infrastructure requirements for development and delivery.
Energy Security and Independence
- "Energy Independence" should not be confused with strengthening energy security. The
concept of energy independence is not realistic in the foreseeable future, whereas U.S. energy
security can be enhanced by moderating demand, expanding and diversifying domestic
energy supplies, and strengthening global energy trade and investment. There can be no U.S.
energy security without global energy security.
- A majority of the U.S. energy sector workforce, including skilled scientists and engineers, is
eligible to retire within the next decade. The workforce must be replenished and trained.
Reduction in Demand Growth
- Policies aimed at curbing carbon dioxide emissions will alter the energy mix, increase energy related
costs, and require reductions in demand growth.
Core Strategies to Meet Energy Challenges
The Council proposes five core strategies to assist markets in meeting the energy challenges
to 2030 and beyond. All five strategies are essential—there is no single, easy solution to the multiple
challenges we face. However, we are confident that the prompt adoption of these strategies, along
with a sustained commitment to implementation, will promote U.S. competitiveness by balancing
economic, security, and environmental goals.
The United States must:
PDF: Full report: Facing the Hard Truths about Energy: July 18, 2007
- Moderate the growing demand for energy by increasing efficiency of transportation,
residential, commercial, and industrial uses.
- Expand and diversify production from clean coal, nuclear, biomass, other renewables, and
unconventional oil and gas; moderate the decline of conventional domestic oil and gas
production; and increase access for development of new resources.
- Integrate energy policy into trade, economic, environmental, security, and foreign policies;
strengthen global energy trade and investment; and broaden dialog with both producing and
consuming nations to improve global energy security.
- Enhance science and engineering capabilities and create long-term opportunities for research
and development in all phases of the energy supply and demand system.
- Develop the legal and regulatory framework to enable carbon capture and sequestration. In
addition, as policymakers consider options to reduce carbon dioxide emissions, provide an
effective global framework for carbon management, including establishment of a transparent,
predictable, economy-wide cost for carbon dioxide emissions.
Edited by Carolyn Allen