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--------------------- - 1671 - Truth about Energy and the Economy?
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- The U.S. consumed 97.5 quadrillion BTUs of energy in the year 2013. In 1988 we consumed 80 quadrillion BTUs. A” BTU” is a British Thermal Unit. It is 1,055 Joules of energy. It is the amount of heat needed to raise one pound of water one degree Fahrenheit. A quadrillion is 10^15.
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------------------------ 97,500,000,000,000,000 BTU’s per year.
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-. Energy, where does this energy come from, where does it go?
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-U.S. energy in 2013 came from:
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---------------------- 1988 ---------------- 2013
------------------------------------------------- 4.7% “Green” Energy
---------------------- 8.6% ------------------ 8.3% Nuclear
------------------------------------------------- 84.0% Fossil fuels
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-------------------------------------------------- 97% of US energy produced in in 2013
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-. 4.7 % Green, what is this?
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----------------------- 1988 ---------------- 2013
------------------------------------------------- 0.32% Solar
------------------------ 3.5% ---------------- 2.56% Hydro
------------------------------------------------- 1.6% Wind
------------------------------------------------- 0.2% Geothermal
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- 55% of this is “ old “Green” energy”. Hydro from water reservoirs.
-. Where does the solar energy go? 73% goes into Residential, but, it is only 0.32 percent of the total energy we consume, a very small number.
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-. Fossil fuels are 84% of our energy source:
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------------------------ 1988 ------------------ 2013
------------------------ 29.5% ----------------- 27% Natural Gas
------------------------ 31.8% ----------------- 18% Coal is declining rapidly.
----------------------------------------------------- 4.5% Biomass
------------------------ 26.2% ----------------- 35% Oil, Petroleum , fracking is the new oil renaissance.
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-. 71% of the oil is used in Transportation, cars and trucks
- 24% is used in Industry
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-. The five categories for were our energy goes are:
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--------------- 11.4% Residential with 54 % wasted
---------------- 8.6% Commercial with 35 % wasted
---------------- 24.7% Industry with 20 % wasted
---------------- 27.0% Transportation with 79 % wasted
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-. 59 % of all energy is wasted. Most of it simply goes up as heat into the atmosphere.
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- 38% is consumed in production output
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-. How do Electric Generator, Power Companies” get their energy?
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--------------- 22% Nuclear
---------------- 6% Hydro
---------------- 22% Natural Gas
---------------- 43% Coal
---------------- .004% Geothermal.
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-. So that is U.S. consumption of Energy. What is he is consumption of Dollars. Turns out , if you add up federal, state, and local government expenditures you get $6 trillion per year. That makes US government the 3rd largest economy in the world, just government.
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- The total U.S. economy including the private sector produces $16 trillion per year. But, we have a $17 trillion mortgage outstanding that still needs to be paid. Good luck kids.
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-. China's economy is about $8 trillion, 1/2 the U.S.’s.
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-. Japan is $5 trillion , 1/3 the U.S.’s.
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-. The U.S. government alone consumed $6.2 trillion which is the same as the total economies of France plus Germany.
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-. Taken together the U.S. government consumes 40% of the total U.S. economy.
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-. People receiving “benefits” from the government average $32,748 per year, in 2010.
- The average taxpayer had $32,446 in disposable income.
- It is better off being on welfare.
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- 67,300,000 Americans collected food stamps, retirement income, health care, job training,,,, “government benefits“. The total cost was $2.5 trillion in 2010.
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-. Where does the money come from?
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-. 49.5 % of adult Americans paid zero federal income tax. The other 50 percent paid all the taxes.
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-. What happens to the US government when more people depend on “government benefits” than those that pay taxes into it?
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-. The Great Society started in the 1960’s with 21.7 million people on the government dole. In 2010 it's over 67.3 million people on the government dole.
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- As Margaret Thatcher once said "Eventually socialism runs out of Other People's Money". Then what?
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RSVP, with comments, suggestions, corrections. Index of reviews available ---
--- Some reviews are at: -------------------- http://jdetrick.blogspot.com -----
---- email request for copies to: ------- jamesdetrick@comcast.net ---------
---- https://plus.google.com/u/0/ , “Jim Detrick” ----- www.facebook.com ---
---- www.twitter.com , --- 707-536-3272 ---- Monday, April 7, 2014 ---
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