I will believe the Saudis don't see any upcoming problems with Ghawar when they cancel one of their projects due to low oil prices. If they continue to be full steam ahead with increasing their capacity then I think they are aware that Ghawar may not be as robust in 5 years time as they would like us to believe.
Joined: Mar 04, 2005 Posts: 2729 Location: New Zealand
Posted: Wed Sep 03, 2008 11:43 pm Post subject: Toyota “Sustainability Report 2008”, Looks to “Liquid Peak&q
Toyota Releases “Sustainability Report 2008”, Looks to “Liquid Peak”
Quote:
A recent presentation by Toyota’s Bill Reinert, who coordinates research, development and marketing activities related to alternative-fueled vehicles and emerging technologies for Toyota Motor Sales USA, brought those concerns into focus. At July’s Meeting of the Minds conference on sustainable cities in Portland, for which Toyota was the lead sponsor, Reinert stated that according to Toyota’s research, a nexus of energy demands and resource depletion could well create a “liquid peak” within a decade, even if all available liquid fuels were to be produced at maximum global capacity without concern for environmental degradation.
In addition to its research on hybrids, plug-in hybrids, electric vehicles, and hydrogen fuel-cell hybrids, Toyota is collaborating with Nippon Oil on biohydrorefined diesel oil (BHD) (earlier post), and is researching biomass-to-liquid (BTL) fuels. The company “hopes to begin production” of cellulosic ethanol as soon as possible.
greencarcongress _________________ Human history becomes more and more a race between education and catastrophe. H. G. Wells.
Fatih Birol's motto: leave oil before it leaves us.
Joined: Apr 06, 2006 Posts: 3613 Location: 3 miles NW of Champoeg, Republic of Cascadia
Posted: Thu Sep 04, 2008 12:21 am Post subject: Re: Toyota “Sustainability Report 2008”, Looks to “Liquid Pe
Bill Reinert's one of the designers of the Prius, and what you might call a "peak oil guy" - sort of the James Hansen of the auto industry. Good that he's still sounding the alarm.
Quote:
``This is what the end of the age of oil means,'' says Reinert, 60, who plans the vehicles Toyota will make in a quarter century as national manager for advanced technology at the U.S. sales unit in Torrance, California. ``The car-based culture, the business-as-usual of building cars and trucks, is going to change dramatically.''
Joined: Aug 03, 2007 Posts: 4376 Location: Boston Suburbs
Posted: Thu Sep 04, 2008 2:42 am Post subject: Re: Toyota “Sustainability Report 2008”,
If that's the case, they shouldn't be dragging their heels so much on EVs. A prius with a plugin range of 9 miles or some such garbage? WTF? _________________ As long as I am around, there are no worries we have reached "Peak Words"
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