The Inconvenient Truth About the "Go Green" Movement
What many “Go Green” supporters fail to understand is that oil and gas provides more than just fuel for our vehicles and the ability to heat our homes in the winter. Oil and its byproducts contribute to many of the products that we have come to rely on every day. Have you ever wondered what a life without oil might look like? If so check out the video.
The oil and gas industry is not the monster that many environmentalists make it out to be. Few Environmentalists consider the 2nd order effects of wind and solar. When you do. “Go Green” loses much of its luster.
For those people excited about electric cars and a green revolution, they need to take a closer look at batteries, windmills, and solar panels and the 2nd order effects of their adoption.
Batteries
A typical EV battery weighs one thousand pounds, about the size of a travel trunk. It contains twenty-five pounds of lithium, sixty pounds of nickel, 44 pounds of manganese, 30 pounds cobalt, 200 pounds of copper, and 400 pounds of aluminum, steel, and plastic. Inside are over 6,000 individual lithium-ion cells.
To manufacture each EV auto battery, the industry must process 25,000 pounds of brine for the lithium, 30,000 pounds of cobalt ore, 5,000 pounds of nickel ore, and 25,000 pounds of copper ore. All told, the industry digs up 500,000 pounds of the earth’s crust for one battery.
Solar
The main problem with solar arrays is the chemicals needed to process silicate into the silicon used in the panels. To make silicon pure enough requires processing it with hydrochloric acid, sulfuric acid, nitric acid, hydrogen fluoride, trichloroethane, and acetone. In addition, they also need gallium, arsenide, copper, indium, gallium, diselenide, and cadmium-telluride, which also are highly toxic. Silicon dust is a hazard to the workers, and the panels cannot be recycled.
Windmills
Windmills are the ultimate in embedded costs and environmental destruction. Each windmill weighs 1688 tons (the equivalent of 23 houses) and contains 1300 tons of concrete, 295 tons of steel, 48 tons of iron, 24 tons of fiberglass, and the hard to extract rare earths neodymium, praseodymium, and dysprosium. Each blade weighs 81,000 pounds and will last 15 to 20 years, at which time it must be replaced and the blades cannot be recycled.
Time to Invest in Oil and Gas
While “Go Green” may sound like the Utopian ideal when you look at the hidden and embedded environmental costs you can see that “Go Green” is more destructive to the Earth’s environment than meets the eye.
Investments in domestic oil and gas production are vital to maintaining the American way of life. That is why we need to continue to invest in domestic oil and gas production. Oil and its byproducts contribute to many of the products that we have come to rely on every day. It powers much of our industries and is vital for national security.
Oil prices are at an all-time high and now may be the time for informed investors to cash in while helping the environment and the interests of all Americans by becoming an investor in direct participation oil and gas programs.
We created the ultimate video course and companion guide on investing in direct participation oil and gas programs to create educated and knowledgeable investors. While there is the potential to make big money investing in oil and gas, potential investors in this asset class need to know a few facts to make themselves more informed and knowledgeable investors.
So, before you invest thousands of dollars in an oil and gas company’s drilling program get the facts with our FREE Investing in Directly Participation Oil and Gas Programs course and companion book.
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