Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Conserving hydrocarbons would save $438 billion

25.05.2004


Just as low-carbohydrate diets are trimming the American waistline, more judicious use of hydrocarbon-based fossil fuels would reduce U.S. energy consumption by 33 percent and save consumers $438 billion a year by 2014, according to an analysis by Cornell University ecologists.



David Pimentel, Cornell professor of ecology, and 11 student ecologists found the most fat for trimming -- with the best potential for major energy savings -- in the transportation, residential heating and cooling, industrial and food-production sectors. Energy conservation and implementation of energy-efficient technologies also would allow significant savings in the production and use of chemicals, paper and lumber, household appliances, lighting and metals, the analysis showed. Their report on "U.S. Energy Conservation and Efficiency: Benefits and Costs" is in the latest issue of the journal Environment, Development, and Sustainability (Vol. #6, Issue 3-4).

American taxpayers could save an estimated $39 billion a year by insisting that the government end subsidies to the energy industries, according to Pimentel. He adds: "The next time you’re pumping gas or paying the heating bill, ponder this: As high as fuel prices are in this country, they would be even higher without government subsidies to prop up the industry. Instead of paying at the pump, every American family is paying about $410 in taxes each year for subsidies that keep gasoline prices and other energy product prices artificially low. This policy encourages greater consumption and importation of more oil and natural gas. Ending subsidies and pricing energy at its true cost would stimulate the use of conservation and energy-efficient technologies, and result in net savings."


The analysis was performed in a yearlong, graduate-level class called Environmental Policy in which students, under Pimentel’s direction, investigate complex environmental issues by compiling previously published studies and drawing conclusions. Cornell students in the energy-efficiency project were Andrew Pleasant, Jason Barron, Jen Gaudioso, Noah Pollock, Elisa Chae, Yoonji Kim, Allison Lassiter, Christina Shiavoni, Alex Jackson, Melinda Lee and Andrea Eaton. When the analysis was conducted, during the 2001-02 school year, gasoline averaged $1.50 a gallon and natural gas prices were just beginning to rise. Elevated energy prices in 2004 make the case for conservation even more compelling, the students say, and further boost the potential payback for implementation of energy-efficient technologies.

Concluding their analysis, Pimentel and his students write: "We are confident that the president and the U.S. Congress, working with the people, could reduce our energy consumption in approximately a decade by 32 quads (32,000,000,000,000,000 BTUs) per year, about 33 percent of present energy use. Saving fossil energy is fully justified because it would help reduce American dependence on foreign sources of energy and improve national security, improve the environment, reduce the threat of global climate change and save approximately $438 billion per year, which would help support the U.S. economy."

Roger Segelken | Cornell news
Further information:
http://www.news.cornell.edu/releases/May04/Low-hydrocarbon.hrs.html

More articles from Power and Electrical Engineering:

nachricht Researchers pave the way for ionotronic nanodevices
23.02.2017 | Aalto University

nachricht Microhotplates for a smart gas sensor
22.02.2017 | Toyohashi University of Technology

All articles from Power and Electrical Engineering >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Breakthrough with a chain of gold atoms

In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport

In the field of nanoscience, an international team of physicists with participants from Konstanz has achieved a breakthrough in understanding heat transport

Im Focus: DNA repair: a new letter in the cell alphabet

Results reveal how discoveries may be hidden in scientific “blind spots”

Cells need to repair damaged DNA in our genes to prevent the development of cancer and other diseases. Our cells therefore activate and send “repair-proteins”...

Im Focus: Dresdner scientists print tomorrow’s world

The Fraunhofer IWS Dresden and Technische Universität Dresden inaugurated their jointly operated Center for Additive Manufacturing Dresden (AMCD) with a festive ceremony on February 7, 2017. Scientists from various disciplines perform research on materials, additive manufacturing processes and innovative technologies, which build up components in a layer by layer process. This technology opens up new horizons for component design and combinations of functions. For example during fabrication, electrical conductors and sensors are already able to be additively manufactured into components. They provide information about stress conditions of a product during operation.

The 3D-printing technology, or additive manufacturing as it is often called, has long made the step out of scientific research laboratories into industrial...

Im Focus: Mimicking nature's cellular architectures via 3-D printing

Research offers new level of control over the structure of 3-D printed materials

Nature does amazing things with limited design materials. Grass, for example, can support its own weight, resist strong wind loads, and recover after being...

Im Focus: Three Magnetic States for Each Hole

Nanometer-scale magnetic perforated grids could create new possibilities for computing. Together with international colleagues, scientists from the Helmholtz Zentrum Dresden-Rossendorf (HZDR) have shown how a cobalt grid can be reliably programmed at room temperature. In addition they discovered that for every hole ("antidot") three magnetic states can be configured. The results have been published in the journal "Scientific Reports".

Physicist Dr. Rantej Bali from the HZDR, together with scientists from Singapore and Australia, designed a special grid structure in a thin layer of cobalt in...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

Booth and panel discussion – The Lindau Nobel Laureate Meetings at the AAAS 2017 Annual Meeting

13.02.2017 | Event News

Complex Loading versus Hidden Reserves

10.02.2017 | Event News

International Conference on Crystal Growth in Freiburg

09.02.2017 | Event News

 
Latest News

Stingless bees have their nests protected by soldiers

24.02.2017 | Life Sciences

New risk factors for anxiety disorders

24.02.2017 | Life Sciences

MWC 2017: 5G Capital Berlin

24.02.2017 | Trade Fair News

VideoLinks
B2B-VideoLinks
More VideoLinks >>>