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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

The report comes as oil majors like ExxonMobil, Chevron and Shell, and other companies, are developing at least a couple dozen oil shale and CTL projects, including 12 CTL facilities projected to produce 170 million barrels of liquid fuels per year at a cost of $2 billion to $7 billion per plant. Earlier post.).

Coal 210
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Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

I found two great reads on the subject include; "The GAO Report on Peak Oil, April 7, 2007 Crude Oil - Uncertainty about Future Oil supply Makes It Important to Develop a Strategy for Addressing a Peak and Decline in Oil Production" ; the books "Twlight In The Desert" by Matthew R. The bottleneck is infrastructure.

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

And, if you consider lifetime costs of owning an EV versus owning a traditional internal combustion car, even if the initial purchase price of the EV is much more than your combustion car and you have to replace a battery for $4,000 after 7-10 years, the EV still costs less to operate. — jerryd 7. Next: a carbon tax.

Oregon 58