TIME FOR FULL EMPLOYMENT
TO PRODUCE AN

ANTI-INFLATIONERY ECONOMY

By Roy McAlister

 

At the beginning of my career as an engineer I attempted to get U.S. carmakers, the railroad companies, the Army, Navy, and Air Force to utilize hydrogen and/or fuel saving inventions.  I provided projections showing how by 2000 most of the world’s oil would be controlled by multinational companies and countries that had goals and beliefs that were not friendly to the well being of the U.S.

Carmakers told me that it was not of interest to do anything about fuel efficiency so long as their product met EPA requirements and performed well enough to sell.   Military planners said they could not imagine a time in which they would switch to something other than diesel fuel and gasoline.  Senator Barry Goldwater tried to get the Air Force to use hydrogen but his efforts were rebuffed by oil-company lobbyists insisting that “jet fuel” had to be oil.

But it may be of interest for anyone who might not have noticed recent activities of carmakers to get hydrogen cars to the market or read the Spring 2006 edition of “Parameters” the U.S. Army War College Quarterly in which an essay by Nader Elhefnawy states in part:

"Even without taking into account related problems like the greenhouse effect, the security problems posed by the exhaustion of supplies of easily accessible, cheap oil and gas are highly varied and daunting. The likely result would be the exacerbation of familiar problems like resource conflict, weapons proliferation, and state failure.  However, other problems are more novel, not least of all the potential for changes in the international balance of power based not only on which countries control the lion's share of the world's fossil fuel supplies, but which are
most dependent on those supplies."

This military strategist obviously realizes that soaring oil prices will greatly increase the cost of fuel for our fuel guzzling military, it would also shift the balance of economic and military power away from energy-deficient
countries toward energy-rich countries.   In consideration of coal as an alternative, the Army’s Engineering, Research, and Development Center noted:

"The days of inexpensive, convenient, abundant energy sources are quickly drawing to a close. Domestic natural gas production peaked in 1973. The proved domestic reserve lifetime for natural gas at current consumption rates is about 8.4 years. The proved world reserve lifetime for natural gas is about 40 years, but will follow a traditional rise to a peak at about 2035 and then a rapid decline. Domestic oil production peaked in 1970 and continues to decline. Proved domestic reserve lifetime for oil is about 3.4 years. World oil production is at or near its peak and current world demand exceeds the supply. Saudi Arabia is considered the bellwether nation for oil production and has not increased production since April 2003. After peak production, supply no longer meets demand, prices and competition increase. World proved reserve lifetime for oil is about 41 years, most of this at a declining availability. Our current throwaway nuclear cycle uses up the world reserve of low-cost uranium in about 20 years. We will see significant depletion of Earth's finite resources in this century."

Coal is far more abundant but the downsides to coal are obvious from a strategic and environmental perspective. Strategically, coal is a fossil hydrocarbon. Using it to generate electric power doesn't eliminate our dependency on finite fossil fuel. But it could give us time to shift to hydrogen and other renewable alternatives and/or risk everything we have built by waiting for "the next great thing" in energy generation as we watch the balance of power shift from our economy to another.

Environmentally, coal produces mercury and radioactive heavy metals, sulfur dioxide, nitrous oxide, and carbon dioxide. The mercury causes birth defects and delays mental development. The sulfur and nitrous dioxide cause lung and respiratory ailments. And carbon dioxide accumulating in the global atmosphere is changing the Earth's climate.

What every community needs are opportunities for virtually full employment to make, use, and sell enough renewable-energy intensive goods and services to achieve sustainable prosperity.  We have proven technologies to enable new ventures in 7,000 communities of about one million persons to achieve sustainable prosperity.  (See related article on the Renewable Energy Development Institute)