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Energy Reserves

Date=January 17, 2014

Tags <ESM102><Hubbert bubble>

 

Categories of Geological Reserves

  • mining of minerals and energy sources have damaging impacts on the Earth
  • mineral resources
    • metals such as aluminum, copper and iron
    • resources are limited
    • can change the depletion time by recycling
    • prices can drive depletion
  • energy such as coal
    • energy is not recyclable <-- this is a key point
    • "recycling" metals is very different process than trying to find "renewable" energy
  • amount of reserves
    depends on the certainty of knowing that it exists and the economics of extraction (i.e. mining)

 

  undiscovered discovered  
low
cost
other
resources
RESERVES economical
higher
cost
other
resources
other
resources
non-
economical
  deceasing
certainty
known  

 

Non-renewable energy - such as fossil fuels

  • Fossil fuels
    • came from buried plant, algae and other biomass put under pressure for a long time
  • oil or coal reserves
    • known reserves
    • predicted reserves
      • detection
      • change in methods or cost allow more reserves to be cost-effect
    • unknown and uncertain

Depletion of fossil fuel reserves

  • depends on
    • amount available
    • use rate and cost
    • increase in use
      • economic growth
      • population growth
  • Hubbert "bubble" - see the simulation
    • use per year vs. year

Impact of fossil fuels

We hear a lot about global warming or global climate change but there are other impacts

  • global climate change - estimated impacts of business as usual
    • warming
    • extreme weather (hurricanes and droughts)
    • flooding
    • sea level rise
  • other environmental impacts
    • pollution from combustion furnaces and engines
    • mercury from coal
    • urban pollution from cars
  • risks from fossil fuels
    • coal dust contamination of the environment and direct human health
    • oil spills
    • oil well leaks and fires
    • inter-nation strife