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The price disparity between crude oil and other resources, coupled with the emergence of cheap and abundant shale gas, especially in the United States, is opening up opportunities to produce cheaper gasoline, according to a new report from Lux Research. Waste biomass is a ubiquitous alternative.
Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But the average oilprice remains high, approaching $120/barrel (in year-2010 dollars) in 2035. Click to enlarge.
Our research proved that poplar coppice can be a good option to meet the cheap, high-volume criteria of biofuel feedstock. Additionally, other tree parts go to waste when only the trunk is used, making the process more inefficient and wasteful. That’s the problem.
Scarcity also creates opportunities to develop substitute materials or to recover materials from waste. The challenge for businesses is to serve this new middle class market at a time when resources are likely to be scarcer and more price volatile.
Millions will plug-in their electric vehicles (EV), plug-in hybrids (PHEV) and fuel cell vehicles (FCV) at night when electricity is cheap, then plug-in during the day when energy is expensive and sell those extra electrons at a profit. In the future, utilities will pay you to plug-in your vehicle. Carlos 12:43 AM walt the memecaster said.
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