chicago chemists

ENERGY CHALLENGESENERGY CHALLENGESOF THE FUTUREOF THE FUTURE

George F. Hamstra

ENERGY CHALLENGESENERGY CHALLENGESOF THE FUTUREOF THE FUTURE

WORLD CAR POPULATION

United States

Rest of World

100000000

200000000

300000000

400000000

500000000

600000000

700000000

800000000

900000000

Vehi

cles

•Developing World - 300% Increase Between 1995 & 2020

•Greater Demand & Less Resources

•Accelerated Greenhouse Emissions

•Environment & Energy Trends = Negative Economic Impacts

1930 1940 1950 1960 1970 1980 1990 2000 2010 2020

ENERGY CHALLENGESENERGY CHALLENGESOF THE FUTUREOF THE FUTURE

Year

CO2 EMISSIONSCO2 EMISSIONS

IndustrialProcesses

10.9%

Fuel Combustion5.5%

Miscellaneous10.9%

Transportation 76.6%

U.S. CO2 Emissions1997

Global Carbon Emissions1820 to 2020

0

2000

4000

6000

8000

10000

12000

202019801940190018601820

ProjectionHistory

World PopulationOil Production

WHAT’S WRONG WITH THIS WHAT’S WRONG WITH THIS PICTURE?PICTURE?

WHAT’S WRONG WITH THIS WHAT’S WRONG WITH THIS PICTURE?PICTURE?

WHAT’S WRONG WITH THIS PICTURE?WHAT’S WRONG WITH THIS PICTURE?

-700

-600

-500

-400

-300

-200

-100

0

100

200

Total Remaining

Total Recovered

UnitedStates

Canada

Mexico,Central America,& South America

WesternEurope

MiddleEast

EasternEurope,FormerU.S.S.R.,China

OtherEastern

Hemisphere

Oil Recovered Since 1859 & Total Remaining as of 1990Barrels (in B’s)

WORLD PETROLEUM RESERVESWORLD PETROLEUM RESERVES

Middle East65.82%

Far East4.10%

Eastern Europe and Community

5.56%

Western Europe1.76%

North America3.67%

Latin America12.27%

Africa6.81%

WORLD PETROLEUM RESERVESWORLD PETROLEUM RESERVES

Environmental DamageAgricultural LossesIncreased Health Care ExpensesHigher Insurance Premiums

U.S. Military Expenses for Protecting Middle East Oil Supplies

0

10

20

30

40

50

60

70

$45/Barrel

$15/Barrel

$9/Barrel

Price of a Barrel of Crude Oil (avg. since 1940)

*Prices do not include transportation, processing, refining, distribution, marketing, and profits, etc.

THE ACTUAL COST OF OILTHE ACTUAL COST OF OIL

$45/Barrel

$15/Barrel

$9/Barrel

THE ACTUAL COST OF OILTHE ACTUAL COST OF OIL

WHERE ARE WE AT?WHERE ARE WE AT?

WHERE ARE WE AT? WHERE ARE WE AT? (cont)(cont)

WHERE ARE WE AT? WHERE ARE WE AT? (cont)(cont)

WHERE ARE WE AT?WHERE ARE WE AT? (cont) (cont)

WHERE ARE WE AT? WHERE ARE WE AT? (cont)(cont)

•Oil provides 40% of U.S. total energy consumption

•U.S. uses 26% of worlds total energy

•Domestic production peaked in 1970

•Baby Boomers (post WWII) have consumed 70% of the total U.S. oil in one generation!

WHERE ARE WE AT? WHERE ARE WE AT? (cont)(cont)

WHERE ARE WE AT? WHERE ARE WE AT? (cont)(cont)

The Small PictureThe Small Picture

The Bigger PictureThe Bigger Picture

The Big PictureThe Big Picture

Reality!Reality!

Reality!Reality!

WHERE ARE WE GOING?WHERE ARE WE GOING?

Fuel CellsFuel Cells

Hope For The FutureHope For The Future

Hope For The FutureHope For The Future

HOW WILL WE GET THERE?HOW WILL WE GET THERE?

HOW WILL WE GET THERE?HOW WILL WE GET THERE?

HOW WILL WE GET THERE?HOW WILL WE GET THERE?

Thank You!Thank You!

George F. Hamstra

hostage@go-ev.com