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A World without Oil: Companies Prepare for a Fossil-Free Future
Der Spiegel ^ | 04/02/2012 | DIETMAR HAWRANEK, ALEXANDER JUNG, ALEXANDER SMOLTCZYK AND FLORIAN ZERFASS

Posted on 04/02/2012 4:44:48 PM PDT by Olog-hai

Drivers may hate rising gas prices, but some companies are delighted as they watch the oil price soar. Firms like BMW and Airbus, which are leaders in fuel efficiency. actually benefit from expensive oil. They are just two of a growing number of companies that are already developing technologies for a post-fossil-fuel world. …

A few cents more and a liter of super unleaded gasoline will cost German drivers €1.80 (around $9 a gallon). That means that someone driving a BMW 3 Series will have to pay over €110 ($150) to fill up the tank, with its 63 liter (17 gallon) capacity.

But Norbert Reithofer, the CEO of BMW, seems surprisingly relaxed for an executive whose company's products depend on gasoline and diesel. … The Munich-based automaker has invested billions of euros in fuel-saving technologies, such as efficient engines, brake energy recovery and ultra-lightweight carbon fiber car bodies. …

Airbus CEO Tom Enders uses a similar argument. He ought to be upset about high kerosene prices. They have sharply affected his customers, the airlines, whose profits are shrinking and who are investing less money in buying new planes as a result. Nevertheless, Airbus has never had as many orders on its books as it does today. …

… (I)n most countries of the world, especially the emerging countries, economic growth and energy consumption still go hand in hand. A global change of course is overdue, according to the German Advisory Council on Global Change. "The carbon-based world economic model," say the scientists on the council, constitutes "a normatively unsustainable situation" and is as morally reprehensible as slavery or child labor. …

(Excerpt) Read more at spiegel.de ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Miscellaneous
KEYWORDS: airbus; basf; batteries; bmw; oil; peakoil
Article's quite long. And of course, they get into more scaremongering about scarcity of oil . . .
1 posted on 04/02/2012 4:44:52 PM PDT by Olog-hai
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Fossils......right.


2 posted on 04/02/2012 4:47:19 PM PDT by Michael Barnes (Obamaa+ Downgrade)
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To: Olog-hai

Abiotic oil, duh!


3 posted on 04/02/2012 4:47:58 PM PDT by oncebitten (Obama: "A Big Ole’ Hunk of Nothing on Two Thick Slices of Nada.”)
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To: Olog-hai

To all you Leaf driving, solar powered appliance users....THANKS! It means more gas left for my gas guzzling BMW.


4 posted on 04/02/2012 4:48:29 PM PDT by Huskrrrr
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To: Huskrrrr
It means more gas left for my gas guzzling BMW.

Glad someone is finally admitting it..

5 posted on 04/02/2012 4:51:04 PM PDT by Michael Barnes (Obamaa+ Downgrade)
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To: Olog-hai
-- ...post-fossil-fuel world... --

Zero Motors introduces its green-energy Wind Car


6 posted on 04/02/2012 4:51:47 PM PDT by QT3.14 (MSM has a TDD (Truth Deficit Disorder) as it pumps out Kulturkrap to the masses)
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To: Olog-hai

A world with oodles of oil that we aren’t allowed to get - due to “global warming” idiocy.


7 posted on 04/02/2012 4:52:53 PM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: Olog-hai

I’m still waiting for the battery powered passenger airplane.


8 posted on 04/02/2012 4:55:07 PM PDT by Paladin2
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To: Olog-hai

This is patently ridiculous. We may run out of oil but no now. We need to start the move away from oil and to electricity in some places but where does the electricity come from? Not solar or other feel good crap.

We have called for Thorium for some time now. The time is past for it.


9 posted on 04/02/2012 4:56:55 PM PDT by Sequoyah101 (Half the people are below average.)
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To: Olog-hai

No plastics, which means no cars, computers, ipads, ipods, etc.


10 posted on 04/02/2012 4:59:19 PM PDT by allmost
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To: Olog-hai

“The carbon-based world economic model...is as morally reprehensible as slavery or child labor”

But until someone comes up with a replacement, Der Spiegel will continue publishing and distributing its product using whatever oil it takes to make a profit.


11 posted on 04/02/2012 4:59:38 PM PDT by running_dog_lackey
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To: running_dog_lackey

Yes, and then they’ll compare the new “model” to “slavery or child labor” when they feel that it’s politically expedient to do so.


12 posted on 04/02/2012 5:06:25 PM PDT by Olog-hai
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To: Olog-hai
...Companies Prepare for a Fossil-Free Future

If they are, it's only because the government has perverted the incentives.

The Imaginary Famine.

13 posted on 04/02/2012 5:14:12 PM PDT by the invisib1e hand
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To: Sequoyah101

We shall never run out of petroleum. It is a compact, relatively safe, High-energy-density power storage medium. It works well in the presence of sufficient oxygen to fully release its energy potential, and best of all, it is renewable.

And not merely with the relatively slow action of algae converting carbon dioxide and other foodstuffs into an olefin substance (not yet particularly efficient), but by abiotic methods that have worked well in laboratory and to a limited extent, on an industrial scale. Plus the earth itself, down at the discontinuity that lies between the molten center and the rocky surface crust, the reaction proceeds continuously. “Empty” oil wells refill over time, and geologically, in not very much time at all.

Methane, which is found on the sea floor in vast quantities in the form of Methane Hydrate, is being reformed all the time from the anaerobic decomposition of other organic material, and even the less optimistic estimates of its total accumulated amount still indicates that from four to ten times the amount of energy found in all the coal and petroleum, and natural gas trapped in rock formations, is in this Methane Hydrate. All we have to do is mine it, and with the technology we now have, this should become a reality within a generation - the Japanese and now the Chinese are looking into ways of recovering the trapped methane efficiently and economically.

And methane itself is a practical source of building up longer-chain hydrocarbons. By controlling the rates and procession of the reaction, a very specialized output may be exercised in the production of a vast preponderance of a particular compound, like gasoline composed mainly of iso-octane, a form of hydrocarbon more efficiently burned in a spark-ignition engine.

Of course, methane itself, stored as a compressed gas, is an excellent motor fuel, but engines have to be modified and tuned to burn it efficiently.


14 posted on 04/02/2012 5:24:21 PM PDT by alloysteel (College "education" may be the worst mischief to be inflicted upon the next generation.)
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To: alloysteel
Methane, which is found on the sea floor in vast quantities in the form of Methane Hydrate, is being reformed all the time from the anaerobic decomposition of other organic material, and even the less optimistic estimates of its total accumulated amount still indicates that from four to ten times the amount of energy found in all the coal and petroleum, and natural gas trapped in rock formations, is in this Methane Hydrate.

The methane is coming from the mantle. It's what doesn't get turned into petroleum. It comes up all over the place.
15 posted on 04/02/2012 5:30:10 PM PDT by aruanan
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To: Olog-hai

Our Royal Masters and their Praetorian Guards will never want for fossil fuels....


16 posted on 04/02/2012 6:09:13 PM PDT by kiryandil (turning Americans into felons, one obnoxious drunk at a time (Zero Tolerance!!!))
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To: Huskrrrr
To all you Leaf driving, solar powered appliance users....THANKS! It means more gas left for my gas guzzling BMW.

There is one driver in my household and I'm driving a 7.3L Powerstroke F-350 and an SVT Raptor.

Eat my emissions.

17 posted on 04/02/2012 6:29:50 PM PDT by elkfersupper ( Member of the Original Defiant Class)
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To: Olog-hai

18 posted on 04/02/2012 6:29:55 PM PDT by TigersEye (Life is about choices. Your choices. Make good ones.)
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To: alloysteel

Really? Do you have convincing proof of these things or do you simply wish them so? I’m well aware of arguments for the abiotic origins of hydrocarbons and even was involved in the Siljan Ring well. Thomas Gold’s ideas have some credence.

I have been drilling oil and gas wells all over the world for the last 35 years. There are places untapped and underexploited and it always gets harder to find. Technology has pulled a lot of rabbits out of the hat.

As for your statement, ““Empty” oil wells refill over time, and geologically, in not very much time at all.” I’ve only seen it once somewhere off Main Pass. West Texas is having a resurgence but not by replenished reservoirs. Relatively short geologic time may help someone but it won’t help us nor reverse the production of the last 100+ years in a very helpful way.

Methane hydrates are a huge resource but getting them is a massively complex problem that I have also worked on in Alaska. You don’t simply mine them. They are horribly unstable and the huge expansion potential needs to be contained until ready for use.

“It is a compact, relatively safe, High-energy-density power storage medium. It works well in the presence of sufficient oxygen to fully release its energy potential, and best of all, it is renewable.” You’re kidding me. For true? I did not know what petroleum is. Just amazing.

I probably agree with your position that the price of petroleum is being manipulated. The events of 2008 were mostly artificial and contrived. There was no shortage. This situation now will soon be over again by next spring I’d say. Either by the economy having been destroyed or simple demand reduction from the price. Prices are hitting many very hard. You posted and I tend to agree though I don’t know who is behind this. http://www.freerepublic.com/focus/news/2862465/posts?page=15#15

I have not seen a more condescending post than this one of your in a long time. Do you often attempt to talk down to people and how is that working out for you?


19 posted on 04/02/2012 6:57:46 PM PDT by Sequoyah101 (Half the people are below average.)
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To: Sequoyah101

Everyone who buys into the Left’s energy scare and lies and invests in non-existent alternative energy, goes bankrupt. That includes nations.

Divest from these wacky, Marxist CEO’s before they take you down with them.


20 posted on 04/02/2012 7:09:36 PM PDT by SaraJohnson
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To: SaraJohnson

I quite agree, scare tactics and / or pandering to the market place that they think responds to this trollop. Kids have been brainwashed. I wonder if they will ever wake up.

I wonder though, who will be found to still be selling buggy whips?


21 posted on 04/02/2012 7:21:04 PM PDT by Sequoyah101 (Half the people are below average.)
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To: SaraJohnson

***Everyone who buys into the Left’s energy scare and lies and invests in non-existent alternative energy, goes bankrupt.***

Mitsubishi built a factory in Ft Smith Arkansas to build wind turbines. They tonight said they will not start up the plant as no one wants their product.

Other interesting news, a certain natural gas drilling company gave the SIERRA CLUB $25 MILLION DOLLARS to lobby AGAINST COAL FIRED PLANTS. This was in today’s ARKANSAS LIVING magazine (An official publication of Arkansas Electric Co-operatives, Inc) which came today.


22 posted on 04/02/2012 7:40:07 PM PDT by Ruy Dias de Bivar
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To: SaraJohnson

****Other interesting news, a certain natural gas drilling company gave the SIERRA CLUB $25 MILLION DOLLARS to lobby AGAINST COAL FIRED PLANTS. This was in today’s ARKANSAS LIVING magazine (An official publication of Arkansas Electric Co-operatives, Inc) which came today.*****

HERE is the link to the above.
http://onlinedigitalpubs.com/publication/?i=105175

A QUESTION OF INTEGRITY by Carmie Henry


23 posted on 04/02/2012 7:47:54 PM PDT by Ruy Dias de Bivar
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To: elkfersupper

Righteous!


24 posted on 04/03/2012 8:05:47 AM PDT by Huskrrrr
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To: Sequoyah101

Gosh, you are so smart and wise. Would that I could find the eloquence and suave wit you display.

I bow my head in awe of your considered wisdom and and sage observations.

Now get outta here.


25 posted on 04/03/2012 2:44:53 PM PDT by alloysteel (College "education" may be the worst mischief to be inflicted upon the next generation.)
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To: alloysteel

I’ll be here long after you are gone pal. Give your orders to someone you can get respect from. I won’t wait for a reply or a report.


26 posted on 04/03/2012 7:58:37 PM PDT by Sequoyah101 (Half the people are below average.)
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