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1 cubic mile of oil

to create the energy we get from oil by least expensive means - wind - we would need to spend an extra $10 trillion and would require an area the size of three new zealands

http://en.wikipedia.org/wiki/Cubic_mile_of_oil

The world consumes approximately 3 CMO annually from all sources.



SourceCMO/yr
Oil1.06
Coal0.81
Natural gas0.61
Biomass0.19
Nuclear0.15
Hydroelectric0.17
Geothermal<0.01
Wind+Photovoltaic+Solar thermal<0.005




Installing capacity to produce 1 CMO per year requires long and significant development.
Allowing fifty years to develop the requisite capacity, 1 CMO of energy per year could be produced by any one of these developments:

Also, whereas 1 kWh is equivalent to 3412 BTU of primary energy, in practice it takes closer to 10,000 BTU to produce 1 kWh of electricity from coal and other fossil sources. Thus, when considering sources such as wind and solar which directly produce electricity, the required installed capacity was calculated by using 1 kWh as equivalent to 10,000 BTU.
The environmental, social, and financial costs of such development projects are immense:
  • The Three Gorges Dam is the world's largest, flooding 632 km2, displacing 1.25 million people, and costing roughly US$30 billion.
  • A nuclear power plant produces hazardous radioactive waste, raises fears of radiation or nuclear proliferation, requires 10 years to construct for a 40 year lifetime, occupies about 4 km2, and may cost upwards of US$5 billion.
  • A 500 MW coal-fired power plant may contribute to acid rainglobal warming, and air pollution, occupies about 2 km2, may obtain its fuel via controversial methods such as mountaintop removal, and costs about US$650 million.
  • A large wind turbine requires a location with an abundance of steady wind, may be visually obtrusive, can interfere with aviation, needs about 0.16 km2 to avoid interfering with adjacent turbines, and costs about US$2 million.[20]
  • A 2.1 kW rooftop solar array requires technical skills for installation, needs a sunny location, presents few aesthetic or environmental problems, covers about 14 m2, but costs around US$15,000.

Alternative Replacements for one CMO
SourceNumberCost (US$1 trillion)Area
(km2)(sq mi)
Dams20061,264,400488,200
Nuclear plants2,6001310,4004,000
Coal plants5,2003.410,4004,000
Wind turbines1,642,0003.3273,667105,663
Rooftop photovoltaics4,562,500,0006863,87524,662
For comparison, US$3.2 trillion is the approximate gross domestic product of Germany, China, or the United Kingdom. The total land area of New Zealand is approximately 270,000 square kilometres (100,000 sq mi).[21]
At a 2008 market price of US$120 per barrel (US$750/m3), the cost of one CMO was about US$3 trillion.

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