Sadly, the electric car can only be used for short to medium distances. Then, there is another potential problem that could be developing with the lithium batteries that are used, where China control 95% to 100% the resources for these batteries (lithium). This is problematic because they could restrict how much they are exporting (which they already have) to ensure that there is enough supply for the country to meet its own internal demand. (Bryce 2010)
Despite this dire news, there are increased effort within the industry to support the use and development of such new technologies, to work in conjunction with the combustible engine. An example of this support for such technologies can be seen by the fact several oil companies hold the patents on several different batteries used in the electric car. (Newby 2009) Then, when you combined this with increased research and development funding that the federal government is giving to the auto industry (such as: $8 billion invested in various programs last year); highlights how the attitudes are changing. (U.S. Banks Billion on Electric Car 2010) This is significant because it underscores that the various oil companies are playing an inactive role, where they allow for various improvements to be made upon their patents, to be used in future automobile design. With enough research and development the overall life and resources that are used in the different batteries can become more common. Once this takes place, is when you will see the overall dependency on fossil fuels decline.
The Pickens Plan
Oil insider T. Boone Pickens has created a plan to reduce the overall amounts of dependency on fossil fuels. Where, natural gas would be used as a way to effectively reduce the overall amounts of oil that is being consumed. While at the same time, we would be using the vast open spaces in the West and Midwest to develop an energy infrastructure, which could reduce U.S. oil consumption by 1 million barrels per day. According to Pickens, world oil production peaked in 2005, with the U.S. importing 12 million barrels a day, while Saudi Arabia only has the capacity to produce 9 million. This is problematic because regardless of how much more drilling occurs, if worldwide production has peaked then we are simply only addressing the problem over the short-term. To effectively counter this situation, the plan calls for switching the majority of America's energy structure over the medium term to natural gas reserves. This is because America has vast amounts of natural gas reverses. These can quickly be converted and utilized to power everyday cars and trucks. For those vehicles that are engaged in the transportation of various goods and services, such a switch would work to effectively reduce the overall amounts of fossil fuels that are being used. This is because they account for nearly 20% of the total amounts of fossil fuel consumption that is currently taking place. Then when you combine this with the facts: that it is cleaner than fossil fuels is mainly used in the production of electricity and automobiles can easily be converted; makes this an ideal solution over the short-term to address the various environmental issues. (the Plan 2010)
Under the Pickens's Plan, once the switch has taken place, the overall amounts of fossil fuel consumption will fall. This is because the shift will gradually reduce the large amounts of crude oil that are being consumed. It is at this point, that the government and the industry can work on developing vast renewable energy infrastructure. In this particular case, there would be an emphasis on developing hybrids that could work well with the various forms of natural gas type of engines. This is effectively, keeping the fuel efficiency standards high; while at the same time allowing for increased amounts of innovation in the technology. Over the course to time, this could allow for sufficient infrastructure to be in place to provide a competitive alternative for consumers. This is the biggest reason why many of the different oil companies have been embracing the status quo for so long. For out of fear, as to how expensive such drastic changes could impose upon the industry. If you can encourage such a strategy to be utilized,...
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