Showing posts with label coal. Show all posts
Showing posts with label coal. Show all posts

Monday, February 1, 2010

Biofuels: the Biggest Supply Response to the 2000s Oil Shock


Real annual average oil price according to BP (top graph), and estimates of volumetric production/capacity for various oil alternatives (bottom).  1975-2008/9.  Note that these are total volumetric estimates: about half of tar sands production is sold as bitumen, not synfuel, and the energy density of the biofuel stream is only about 70% or so of that of crude oil.