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(Hardcover)
Can catastrophic climate change in this century be averted without strangling the world economy and global aspirations for improved living standards, which depend on the continuing prominence of fossil fuels in the 21st century? Power Struggle: World Energy in the Twenty-First Century argues that it can. The solution to the dilemma, says Professor Moroney, lies in the commercial development of zero-emission coal plants. Half of all human CO2 emissions originate in 8,000 electric power plants, refineries, steel mills, and other manufacturing facilities around the world. The technology is at hand to capture the CO2 emissions from these big plants and store them permanently and harmlessly in geological traps and the deep ocean instead of releasing them into the atmosphere. Numerous carbon capture and storage technologies are in various stages of experimentation and small-scale demonstrations. Although large-scale storage operations are not yet in place anywhere, coal-fired power plants with near-total capture of CO2 emissions will become operational in the U.S. and Western Europe as early as 2012. A second key theme in Power Struggle is that unconventional oil and gas are feasible long-term substitutes for conventional oil and gas. A third key contribution of Power Struggle is to demonstrate the tight coupling between energy per capita and real standards of living.
In this solid, if pedestrian, survey of world energy issues, Moroney (economics, Texas A&M Univ.) argues that oil, natural gas, and coal-fuels now representing 85 percent of all energy consumed around the globe-will continue to dominate despite predicted depletion of world reserves. Renewable energy solutions are largely discounted here, and conservation measures are not mentioned. Moroney worries about radioactive waste storage from nuclear power plants, yet he puts great faith in the development of capture-and-storage technologies of CO