Example of government energy policy:
The '07 Energy Law mandated 100M gallons of cellulosic ethanol this year. The EPA slashed that to 6M gallons. I still haven't found how much has actually been produced last year or this. Future energy law mandates were 250M in '11, 500m in '12 and 1B in '13. EPA's mandate for '11 now is 5-17M.
The world uses 1.2T gallons of oil/yr. It's called the cubic mile. We get about 600B gallons of gas out of that.
Thursday, July 15, 2010
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