The Colorado Hyperloop will benefit from the recent changes by the EPA force State’s to create power from other than high carbon dioxide sources.
According to CPR, Colorado is well positioned for the upcoming changes that President Obama had the EPA create rules to cut carbon pollution. The heart of the matter is this:
Specifically, for Colorado:
A more detailed look at Colorado’s energy is below:
Colorado Quick Facts
- Colorado’s vast fossil fuel resources include the Niobrara shale, with resource estimates running as high as two billion barrels of oil.
- From 2007 to 2012, crude oil production in Colorado rose 89% and marketed natural gas production rose 38%.
- In 2013, 64% of the electricity generated in Colorado came from coal, 20% from natural gas, and 17% from renewable energy resources.
- Colorado’s Renewable Energy Standard requires investor-owned electric utilities to provide 30% of their generation from renewable energy resources by 2020, with 3% coming from distributed generation.
- Colorado’s grid-connected photovoltaic capacity of 300 megawatts was the fifth largest in the United States in 2012.
- Average household energy costs in Colorado ($1,551 per year) are 23 percent less than the national average, primarily due to historically lower natural gas prices in the state, according to EIA’s Residential Energy Consumption Survey.
Basically Colorado has lots of Coal, but also a lot, and growing, renewables. Luckily, and hopefully, the Colorado Hyperloop will be powered solely by renewables.
Also, there was a OpEd in the NYTimes about taxing gas for maintaining the highway system. It can be found here, but more interestingly were the comments section. Specifically these two:
Mary Ann & Ken Bergman
And the piece de resistance…
Meredith
Pres Obama’s recent infrastructure speech made stark foreign comparisons. The US ranks 19th in infrastructure/transport spending among nations. Europe spends 2X what we do, and China 4X. This spending creates jobs.
These facts didn’t get much media coverage.