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...Energy Project's report, entitled "Energy Future," rejects the development of domestic oil, coal, nuclear power and natural gas as solutions to the nation's energy problems...

Author: By Steven Waldman, | Title: Authors of B-School Energy Report To Meet With Carter Aide, Senators | 7/31/1979 | See Source »

Increased production of synthetic fuels from coal, a major component of President Carter's energy program, will lead to a build-up of carbon dioxide in the atmosphere, Harvard professors said yesterday...

Author: By Kim Bendheim, | Title: Scientists Warn Against Synthetic Fuels | 7/31/1979 | See Source »

...which is the same as natural gas, but much harder to extract. It is found under the surface-in the Rocky Mountain region, in the shales of Appalachia, in huge underground caverns stretching below land and sea along the coastlines of Louisiana and east Texas, and in many coal seams all over the country. Because it is costly, the development of unconventional gas had been blocked until natural gas price controls were lifted last year. Now Carter anticipates production to reach the equivalent of 500,000 to 1 million...

Author: /time Magazine | Title: Business: Lighting Up Synfuel's Future | 7/30/1979 | See Source »

Because of inflation and increasing costs of environmental controls, price predictions for building synfuel plants have been rising steadily. The new range is from $1 billion to $3 billion for an oil shale or coal liquefaction plant that would produce 50,000 to 100,000 bbl. a day. A coal gasification plant would run some $1.5 billion. Ever climbing costs have kept estimated prices of producing synfuels persistently dancing ahead of world crude prices. In 1973, when oil was $3.50 a bbl., oil from shale was figured at $4.50. Just before OPEC'S latest price rise, when crude...

Author: /time Magazine | Title: Business: Lighting Up Synfuel's Future | 7/30/1979 | See Source »

...major problem is not financial but environmental. Extracting oil from shale is thought to be the greatest pollution threat. Thus, the toughest environmental battles will probably rage in Colorado and other shale-rich Western states, which have generally strict pollution-control laws. There will also be local resistance to coal gasification and liquefaction plants because they pollute the air with fumes from burning and lead to a noisy, dust-spewing increase in rail traffic to bring in the coal. On the other side, labor unions and various local groups will be eager to attract synfuel plants-particularly in Appalachia-because...

Author: /time Magazine | Title: Business: Lighting Up Synfuel's Future | 7/30/1979 | See Source »

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