Thursday, May 22, 2008
Can we talk China into building more windmills?
Prof Hamilton produces a trend line for oil consumption in China that is, ah, impressive, at Econbrowser:
The gist: On the chart below the US consumes 20, while the rising line shows China going from consuming about 7 today to 40 in the year 2030 -- or from about one-third of what the US consumes to double as much in 22 years. (He didn't mention what happens if you add India.)
Of course, straight extrapolations are naive. This rate of growth may be restrained by rising oil prices...
He wrote a lot of other interesting things I think, but I didn't get past this.
Is it possible to run electric cars charged off windmills? Can we talk them into doing it, or is it going to be us?
Prof Hamilton produces a trend line for oil consumption in China that is, ah, impressive, at Econbrowser:
The gist: On the chart below the US consumes 20, while the rising line shows China going from consuming about 7 today to 40 in the year 2030 -- or from about one-third of what the US consumes to double as much in 22 years. (He didn't mention what happens if you add India.)
Of course, straight extrapolations are naive. This rate of growth may be restrained by rising oil prices...
He wrote a lot of other interesting things I think, but I didn't get past this.
Is it possible to run electric cars charged off windmills? Can we talk them into doing it, or is it going to be us?
