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Nonrenewable Natural Resources: Int'lBus C4 - YouTube
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(mellow double bass music)
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(music fades)
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- There's a lot of
non-renewable natural resources
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that are out there that
we're using all the time.
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There's oil, there's
massive reserve of oil,
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and they're actually expanding
even now as we go through,
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but they really do have a
limited life expectancy.
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We can't use them forever.
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Natural gas, there's all kinds
of deposits for natural gas,
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and we have huge fluctuations in prices.
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You have government trying to step in
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and stop the use of
petroleum as you go through.
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Coal is a giant usage,
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it's been in usage in United
States for years and years.
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But now we have people lining up saying
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"Coal really puts out a
massive amount of pollution."
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So the US bottles it back
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and China ramps it up as you go through.
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So unless we're all on the same page,
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we're going to have a long problem
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of non-renewable natural resources.
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But it depends as to
what numbers you read,
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and who writes the latest book
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as to what the truth is
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and the data on our different fossil fuels
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as you go through.
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Natural resources:
anything supplied by nature
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on which people depend,
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and renewable are things
that can be replenished;
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sunlight, wind, waterfalls,
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even wood, you can cut down the tree
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and plant another one in his place
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or plant a whole course as
you go through the process,
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but you have to really plant
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and have a plan to do
that as you go through.
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So you look at all kinds
of different consumption.
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As you go through the process over here,
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you look at the renewables
and the non-renewables;
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really have to pay attention
as to what the difference is
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and what is the feasibility of their use
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and what is the impact that they have
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because we're talking about
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the world of international business.
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Non-renewable energy,
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it comes from sources
that can't be replenished.
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Typically we're looking at petroleum,
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the world's number one rapid producer,
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but also coal and natural gas
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and even nuclear power,
when it comes down to it.
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Nuclear power, everybody is so afraid
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of the aspect of Nuclear power.
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And probably rightly so;
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the Chernobyl disaster really
comes back from Ukraine
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to haunt us to this day
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as to what a worst case
scenario can and will be.
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So those things haunt us
as we we worry about them
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as you go through.
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Also, trying to dispose
of nuclear material
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is really difficult.
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And there's been fights
in United States as to
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where we can sit down and contain it
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because nobody wants it.
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So that presents a problem all by itself,
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as it comes down to it.
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So how long will supplies last?
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Oil shale has been underdeveloped
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due to environmental issues,
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pretty much a lot of people,
they don't like to sit down
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and have an oil well in their backyard,
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it doesn't look very pretty,
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but they also don't like windmills
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in their backyard either because-
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and also if they sit down,
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and if you happen to live near one,
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you'll notice a lot of dead carcasses
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of different types of
birds as they go through
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and get caught in the propellers.
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That's actually the
truth, as you go through,
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especially the raptors in the process.
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Heavy oil doesn't flow easily;
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it's produced from oil
sands and oil-bearing shale.
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We have plenty of that
in the United States,
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especially though in Canada,
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where they have massive amounts
of different oil producing
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from an oil bearing
shale and the oil sands.
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Fracking opened up a
huge number of reserves,
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but a lot of people point to fracking,
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said, "oh, it's going
to destroy my water."
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And there is some evidence
where there are cases
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where the water supply
has been contaminated,
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but they're only limited, and
it's not across the board.
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And some people that really
go out trying to find data
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that sometimes simply isn't there.
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But if it is there and is affecting you,
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it's the most important
thing on planet earth,
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as it goes through.
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Nuclear power, the data suggests,
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a lot of countries are
expanding nuclear capacity,
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but really it's a big issue on safety,
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but also disposal.
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How do you get rid of stuff
that's going to be radioactive
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for 500, 1000, or 10,000
years in the process?
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We look at coal;
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coal, there's different types
of coal as you go through.
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And this class, this is not in the scope
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as to the difference
between sulfur based coal
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and the higher end coal as you go through
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but it really is not a
clean burning product
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as you go through.
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Natural gas, on the other hand,
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really is a clean burning fossil fuel,
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but it has a limited capacity.
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And surprisingly, even though
there actually seems to be
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an abundance in the United States,
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prices just recently skyrocket.
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There's a lot of different
changes in thoughts
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as to how to go about doing that.
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Now, the world's turning attention on
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(gasps) "electric cars,
they don't pollute."
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No, no; there is no
tailpipe on an electric car
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except there's smokestacks and chimneys
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that generate the electricity.
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And oh, by the way,
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what you see in here, look close.
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That's a lithium mine.
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They had to rip away the
entire surface of the earth
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and dig down into the
ground and market lithium,
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and the thing called rare earth.
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It is not pollution-free,
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it creates a substantial amount
of environmental pollution
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because it's still mining activity,
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just with a different form.
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Instead of mining coal- and we paint coal
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as this harsh and precious thing.
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"Ooh, it's really dirty."
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I'm sorry, lithium is
very difficult to mine,
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and you strip away a lot of the earth,
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or you go through, you take a lake bed
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and you separate it off
and have vast huge areas
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where you evaporate water off of lithium
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and you mine it that way and
then have lithium well ponds
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as you go through the process as well.
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So you look at rare earth and lithium
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on top of that rare earth,
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China today has 80% of
the market of rare earth
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and the US we're scrambling to sit down
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and try to find more rare earth deposits.
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We have at least one so
far here in California.
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There's a couple in other
parts of the country
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and lithium, of all places,
we may have some lithium
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right over here, just a few
miles away from Orange County;
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an entire, a huge area of lithium.
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But that said, it's going
to take mining operations,
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and mining is never pretty.
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Even on a sunny, bright
day as you go through.
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Non-renewable natural resources.
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It's a challenge, no matter what happens,
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you're going to have the
people fighting to maintain
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their way of living and their
way of actually earning income
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on a daily basis.
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You're going to have the
other people over here,
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interested in a cleaner planet.
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"Please don't burn
coal, no coal, no coal."
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I understand what they're saying,
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except what about the people here?
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There's a balance there somewhere,
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but that being said, that's
for you to figure out.
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And by the way, this is a business class,
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figure it out and make
some money in the process
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for your company.
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Huge shifts in the aspect of petroleum
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as the number one revenue generator.
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And non-renewable, yes,
but so is rare earth.
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And the battery- the stuff used
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to make batteries for electric cars.
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So let's not mask the fact that all energy
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has certain drawbacks in a
process as you go through,
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yes, some ends up with
clean cars on the road,
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but you have a planet that's stripped down
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to the bare essentials
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as you're trying to find the lithium
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in the process as you go through.
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Open your eyes as we go through.
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But the biggest thing, and here it is;
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we talk about sustainability.
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If we sit down and implement
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all the parts of the Paris Accords,
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The Forge reports $131 trillion
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by the year 2050.
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This is a business class.
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At the end of the day,
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we can talk about the
three basic opponents
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of societal costs, environmental costs,
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but also the profitability
of the process as well.
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Pay attention to where
new markets are opening
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in the process.
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Take care.
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(mellow double bass music)
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