Potential oil discoveries in relationship to oil demand of 31 billion barrels per year:
1. Australia 300 billion bbls - 9 year demand
2. North Dakota 7.5 billion bbls - 3 month demand
3. Gulf of Mexico 48 billion bbls - 1 1/2 year demand
It doesn't make any difference how much oil we find, we can't drill our way out of this problem.
I have created a new energy invention that can power this planet many times over theoretically forever through clean eco friendly alternative energy. It actually has the ability to create an unlimited amount of clean energy distributed throughout the planet without feed stocks for 200 million dollars a gigawatt theoretically forever. This new energy invention project is a win/win for Rich Countries, Poor Countries, Alternative Energy Companies, Hydrogen Companies, Auto Companies, Oil Companies, Oil Countries, Utility Companies, Employment, Poverty and finally for all of Humanity.
How can a project to install a new energy invention that can power the entire planet many times over for 10% to 20% of the cost be a Win/Win for all the entities listed above especially for Alternative Energy Companies, Oil Companies or Oil Countries. The reason why I'm so confident about the cost is due to the small footprint required.
Companies and people need to take a minute and think through a proposal completely before making quick judgments to who it's going to benefit or be harmed. I setup the parameters on this new energy project proposal to create win/win situation for as many countries, companies and people as possible. I know it's just a outline for a Worldwide Proposal but it makes a lot of sense for the future direction of this planet.
Win/Win arguments:
1. Rich Countries - Rich countries will benefit by extending oil for feed stock for products made from oil, airline travel, marine traffic for trade, not fighting over oil reserves, less violence in the world and so many other benefits I couldn't list them all. Even with the 10% royalty the wealthier countries will benefit from a 70% to 80% reduction in the cost of the upstream utility segment of their business which will allow the utility companies to upgrade their downstream business.
2. Poor Countries - Poor countries will benefit from being more self reliant, less violence, refrigeration, better irrigation for farming, etc..
3. Alternative Energy Companies - Alternative energy companies will benefit from the proposal due to a 1% royalty collected where this new energy invention is implemented to assist the countries where the new energy invention cannot be installed. If only 90% of the planet has the ability to create energy from this new energy invention that means the planet will need 2 TW of different types of alternative energy solutions. Today the world doesn't even come close to creating 2 TW of electricity on the whole planet through alternative energy if you subtract dams and nuclear power. This also doesn't even include the transportation requirements for the 10% of the planet where this new energy invention is not applicable. The 1% collected will fund more alternative energy projects than the entire planet does today.
4. Hydrogen Companies - It's obvious how hydrogen companies will benefit from an almost unlimited supply of electricity. They will have the responsibility to prove to the world that it's technology is safe. Because we don't know the effects of a lot of hydrogen escaping into the atmosphere. Hydrogen will also be in direct competition with electricity and compressed air for transportation.
5. Auto Companies - Auto companies will have to spend a lot of money retooling to make hydrogen, electric and compressed air vehicles but their customer base should grow exponentially.
6. Oil Companies - Because of all the economic growth around the world their oil feed stock business should grow enormously and possibly overtake the oil used for energy today. Also, the time it will take to convert our planet from a carbon society to an alternative energy society will take 20 to 30 years.
7. Oil Countries - The Oil Countries will have the same benefits as the Oil Companies. It might actually in up being a net increase in demand for oil because of additional feed stocks for products even with the loss of oil demand for energy.
8. Utility Companies - Utility companies will definitely benefit from cheap and abundant energy theoretically forever. Their upstream cost for energy will be reduced by as much as 80 to 90%. The downstream segment of the utility business requires a lot of work if were going to count on them as are only energy source. They would have to install multiple transmission routes to all our major cities, create backup hydrogen storage facilities to produce electricity during shut downs, etc. They would also have to make sure transmission routes are clear of any major catastrophes like to close to oceans because of hurricanes, etc.
9. Employment - The amount of employment will increase around the world and probably be a net gain of hundreds of millions if not billions of jobs. This will also create a much greater tax basis and commerce around the world.
10. Poverty - This project will elevate the poor around the world economically and socially. It should almost wipe out extreme poverty and allow countries to concentrate on building an economic base that can sustain the population.
11. Humanity - It will provide a platform to sustain man-kind for tens of thousands of years if not theoretically forever with other adjustments in our sustainability.
12. Sustainability Benefits - The energy invention has the ability to create enough extra electricity to power desalination plants by converting electricity to hydrogen in order to solve the water shortages around the world. Eliminates climate worries permanently. Allows mankind to concentrate on the other issues facing mankind's sustainability such as feeding the world, population control, cleaning up the oceans, etc.
Open Forum - letters to potential law firms asking for legal representation:
http://johnrosebush.blogspot.com/2014/01/a-sustainable-world-for-21st-century.html
The parameters for the proposed agreement is contained in the following blog:
Powering the Planet - current status update
Powering the Planet - A universal appeal
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