The Grand Energy Transition: The Rise of Energy Gases, Sustainable Life and Growth, and the Next Great Economic Expansion

Overview

Today, humanity is in an energy and climate crisis of our ownmaking. While we are all now aware of how American banks andfinancial institutions overleveraged our financial system, fewpeople are aware that since the 1970s, we have also been leveragingour economic growth by consuming energy at less than the full-cyclecost. We have altered and placed in grave danger our economy,environment, and the security of our societies by the energy weuse. The magnitude of the crisis—even the crisisitself—has been hidden from ...

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Overview

Today, humanity is in an energy and climate crisis of our ownmaking. While we are all now aware of how American banks andfinancial institutions overleveraged our financial system, fewpeople are aware that since the 1970s, we have also been leveragingour economic growth by consuming energy at less than the full-cyclecost. We have altered and placed in grave danger our economy,environment, and the security of our societies by the energy weuse. The magnitude of the crisis—even the crisisitself—has been hidden from our view. It will be theawareness of this economic, environmental, and societal crisis thatwill become the driving force of civilization's next evolutionarystep, the one taking us to sustainable life and growth on Earth.

This book describes our ongoing Grand EnergyTransition—the GET: a one-time, evolutionary step forhumankind. The GET is the transition between the unsustainablesolid energy sources of our past and the virtually limitless, cleansustainable energy sources of our future.

The Grand Energy Transition tells how the GET is creatinga clear and irrevocable energy path forward, and how the GET itselfreveals the most likely energy winners and losers. Energy industryinsider Robert Hefner makes the case that America is blessed withabundant, affordable supplies of natural gas that can be scaled upin the near term to become the bridge fuel to our energysustainable future and that these supplies—supplemented byAlaskan natural gas and the world's liquefied natural gas—areadequate to fuel at least half of our vehicle fleet for decades tocome, and to replace our oldest, inefficient coal-fired electricpower generation, as well as all new electric power needs not metby wind, solar, and nuclear.

This timely book is not intended to answer the millions of goodquestions about energy use and our energy future that needanswering, nor is it a text about the details of energy productionand consumption. Rather, it introduces a new way to look at theevolution of energy within civilization and, with thisunderstanding, forecast the best possible comprehensive solution totoday's formidable energy problems and our path forward to a newera.

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Product Details

  • ISBN-13: 9780470527566
  • Publisher: Wiley
  • Publication date: 9/8/2009
  • Edition number: 1
  • Pages: 270
  • Product dimensions: 6.42 (w) x 9.37 (h) x 1.03 (d)

Meet the Author

Robert A. Hefner III is founder and owner of GHK Exploration (www.ghkco.com), a private natural gas exploration and production firm. He pioneered ultradeep natural gas exploration and production, led the development of innovative technology needed to successfully drill and produce many of the world's deepest and highest pressure natural gas wells, and was a leader in the industry's successful efforts to deregulate the price of natural gas. Hefner is a Fellow of the Royal Geographical Society of London, a Fellow National of the Explorers Club, a member of Singapore's International Advisory Panel on Energy, and a member of the International Council at the Belfer Center at Harvard University. He is an Advisory Director of the Center for a New American Security. Hefner and his wife, MeiLi, initiated and support the Hefner China Fund, which has brought rising young Chinese government officials to study in the fields of energy, culture, and foreign policy at the National University of Singapore's Lee Kuan Yew School of Public Policy and Harvard's Kennedy School of Government. Hefner holds a petroleum geology degree from the University of Oklahoma.

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Table of Contents

Acknowledgments.

Introduction: The Inextricable Link between Energy and the Economy.

Chapter 1 The Beginning.

Chapter 2 The Grand Energy Transition.

Chapter 3 The Conception of the GET and How It Works.

Chapter 4 Rise of the Age of Energy Gases, Decarbonization, and Slowing of the GET.

Chapter 5 How the 1970s Misconception of Natural Gas Scarcity Changed America’s Energy Mix for Decades.

Chapter 6 Natural Gas—The Bridge Fuel to Our Sustainable Future.

Chapter 7 Natural Gas Abundance.

Chapter 8 My Historical Grounds for Natural Gas Abundance.

Chapter 9 The Real Inconvenient Truth.

Chapter 10 Our Energy and Climate Challenge—Los Angeles, A Case Study.

Chapter 11 What Won’t Work; What Will Work.

Chapter 12 Policies to Accelerate the GET.

Chapter 13 The Age of Energy Gases: America’s and China’s Opportunity.

Chapter 14 Crisis and Opportunity.

Notes.

Glossary.

Recommended Reading.

About the Author.

Index.
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