1.
Teen solves centuries-old math problem
HOUSTON, Feb. 12 (UPI) -- Calls for the aggressive displacement of fossil fuels hurt investments to increase supplies to meet growing demand, the head of Saudi Aramco said Tuesday.
"A number of well-intentioned strategies call for a much more aggressive displacement of fossil fuels, despite major technological, economic, infrastructure and public acceptance hurdles remaining in the way of achieving such targets," Abdallah Jumah, president and chief executive officer of Aramco, said at the CERA weeklong energy confab. "That has led to considerable confusion over what is realistic when it comes to alternatives, and what the future call on alternatives and conventional sources will actually be.
"Such uncertainty clearly also has negative implications for the vast investments required to expand supplies of fossil fuels."
Jumah noted that many of the calls for a push toward alternative energy come as oil is expected to account for between 82 percent and 87 percent of energy use by 2030.
--
Krishnadev Calamur, UPI International Security Editor
|
|
|
|
|
|
| Additional Energy Resources Stories | |
WASHINGTON, May 25 (UPI) --
A natural gas pipeline from Iran could be considered if Tehran meets the expectations of the international community, a U.S. official suggested.
|
CANBERRA, Australia, May 25 (UPI) --
Lovitt Technologies in Melbourne, Australia, has won a contract with Boeing worth nearly $1 million for wing parts for all F/A-18 Super Hornet fighters worldwide.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
The photos are familiar, but the captions are not, as economic tension skips across the continent of Europe.
|
| Stories | Photos | People | Comments |
View Caption
