Shaping Energy Technology Transition

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Shaping Energy Technology Transition ( shaping-energy-technology-transition )

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Chapter 9. Analysis of Findings The following findings are based on an analysis of the information compiled in the previous chapters of this report. During this analysis, several salient findings emerged regarding continued reliance on fossil fuels, alternative sources of energy, abatement technologies, and current policies. These findings form the basis for the recommendations in the next chapter. Finding 1: The “business as usual” model of depending on greenhouse gas emitting fuels has negative effects on the environment, the economy, and national security. • Continued reliance on fossil fuels such as coal will further degrade air quality and contribute to global warming. (Ch 2, 5, 8) • Continued reliance on hydrocarbons impedes economic growth. The U.S. economy will be susceptible to price volatility in fossil fuel markets and will continue to transfer wealth to resource-rich nations. Failure to develop alternative energy resources misses an opportunity to revitalize a deteriorating energy infrastructure and energy economy. (Ch 2, 8) • Continued reliance on imported oil and gas, on which the United States is heavily dependent, weakens national security. Relying on foreign hydrocarbon resources also enriches foreign regimes (Venezuela, Iran, Russia) that are not friendly to the United States. Additionally, fossil fuels will eventually run out, potentially resulting in future conflicts over resources. (Ch 2, 8) • SOLUTION: Create a comprehensive National Energy Plan that decreases the nation’s reliance on traditional hydrocarbons and facilitates a transition to cleaner fuels and technologies using benchmarks to ensure a gradual and successful transition. Finding 2: Hydrocarbons will play an important role in energy policy. • Due to technological limitations associated with implementing alternative energy resources, hydrocarbons will play an important role in any national energy policy. (Ch 2, 5, 8) • The United States will continue to use hydrocarbons in the immediate future due to many factors, including its lower cost and the significant time required to build and implement alternative clean energy technologies. (Ch 3, 4, 5, 8) • The transportation sector’s infrastructure and technology is designed to consume oil. Industries such as trucking, airlines, and shipping lack the technology to replace hydrocarbons as the chief fuel. Other strategies will be required for the 161

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