THE TRANSITION TO COAL
Roger F. Naill, John S. Miller, Dennis L. Meadows
Abstract
Roger F. Naill, John S. Miller, Dennis L. Meadows
Abstract
A model, COAL1, demonstrates the potential of coal to balance U.S. supply of energy during the 40 year (1970-2010) transition period from oil and natural gas dependence to renewable energy sources. The COAL1 program involves reducing energy demand and imports, and increasing nuclear, synthetic fuel, and coal-fired electricity capacity. Investments in the coal industry would include installation of stack gas cleanup devices, mine safety equipment, and government incentives. Policy decisions should recognize: (1) the correlation between demand for a specific fuel and its production; (2) the need to change current energy supply systems as well as to reduce demand; and (3) that capital for extraction and processing must be introduced a long time before the need for more supply is signaled by rising prices. Specific conclusions on oil and gas, electricity, coal, and ultimate energy sources are made as a result of COAL1 findings. An expanded model, COAL2, is now under study. (12 references) (DCK)
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A model, COAL1, demonstrates the potential of coal to balance U.S. supply of energy during the 40 year (1970-2010) transition period from oil and natural gas dependence to renewable energy sources. The COAL1 program involves reducing energy demand and imports, and increasing nuclear, synthetic fuel, and coal-fired electricity capacity. Investments in the coal industry would include installation of stack gas cleanup devices, mine safety equipment, and government incentives. Policy decisions should recognize: (1) the correlation between demand for a specific fuel and its production; (2) the need to change current energy supply systems as well as to reduce demand; and (3) that capital for extraction and processing must be introduced a long time before the need for more supply is signaled by rising prices. Specific conclusions on oil and gas, electricity, coal, and ultimate energy sources are made as a result of COAL1 findings. An expanded model, COAL2, is now under study. (12 references) (DCK)
Key concepts: Coal, Electricity, Natural gas, Incentive, Renewable energy, Energy transition, Mains electricity, Fossil fuel