The National Academies Summit on America's Energy Future Summary of a Meeting (2008) / Chapter Skim
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1 A Growing Sense of Urgency
1 A Growing Sense of Urgency
Pages 3-10
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Economic growth in China, for example, has lifted hundreds of millions of people out of poverty and has brought hope and opportunity to a new generation. The United States has an interest in supporting this economic development, Jeffery said, while also leading the effort to find ways of mitigating the negative environmental impacts that accompany development.
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Yet continued reliance on the dominant sources of energy being used today also poses grave risks to human well-being. The production and use of fossil energy cause air and water pollution and also can require huge economic investments.
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. Consumption of petroleum, natural gas, and coal in the United States, Europe, and industrialized Asian countries is large but relatively stable, Jeffery pointed out.
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NOTE: 100 percent by the end Projections are based on models that incorporatevector redrawn to assumptions about such factors as economic growth, world energy markets, resource availability and costs, technologies, and demographics. A review of the Energy Information Administration's process for energy forecasting is available at http://www.eia.doe.gov/oiaf/aeo/overview/index.html.
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"We are not going to reach energy independence as long as the United States remains dependent on the internal combustion engine," said Schlesinger. Advances in transportation technologies have sub
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Furthermore, it takes 20 years to turn over the stock of cars, and older cars, which tend to stay on the road in the absence of policies to replace them, are the least efficient. Because the United States will not achieve energy security in the foreseeable future, Schlesinger said, it must instead strive to fashion a set of policies that will limit energy insecurity.
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One consequence of this wealth transfer is a proliferation of sovereign wealth funds, which are large pools of money that countries rather than private entities invest. The United States and other countries are working with the International Monetary Fund and the Organisation for Economic Co-operation and Development to identify best practices to encourage greater transparency in the investment of these funds, which will help ensure that such investments are based on market principles.
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'" Simple extrapolations of current trends into the future appear to yield untenable increases in greenhouse gas concentrations in the atmosphere. "Can we survive as a globe under those conditions?
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