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The Science and Economics of Energy: Learning about Solar Energy
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Some Interesting Diagrams Source: U.S. Energy Information Administration / Annual Energy Review 2010 Pay attention to units
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Primary Energy Production By Source
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Energy Flow U.S. Energy Information Administration / Annual Energy Review 2010
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Oil: Price
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Petroleum
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Petroleum Consumption
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Coal: Price
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Natural Gas: Price
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Natural Gas: Benefits More abundant than oil Burns cleaner than coal or oil in terms of NO2 and SO2 Releases less carbon than oil or coal
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CO2 Emissions
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Renewable Energy
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Renewable Energies Benefits: Less polluting Costs: Unproven technologies on a large scale
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Why is Energy So Important? An activity Groups of three You will get a card Supply or demand for the good changes Will price increase or decrease?
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Markets Interact #1 Oil
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Markets Interact #1 Oil #2 Diesel Fuel
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Markets Interact #1 Oil #2 Diesel Fuel #3 Trucking
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Markets Interact #1 Oil #2 Diesel Fuel #3 Trucking #4 Vegetables
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Markets Interact #1 Oil #2 Diesel Fuel #3 Trucking #4 Vegetables #5 Heating Oil
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Markets Interact #1 Oil #2 Diesel Fuel #3 Trucking #4 Vegetables #5 Heating Oil #6 Gasoline
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Markets Interact #1 Oil #2 Diesel Fuel #3 Trucking #4 Vegetables #7 Electric Cars #5 Heating Oil #6 Gasoline
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Markets Interact #1 Oil #2 Diesel Fuel #3 Trucking #4 Vegetables #7 Electric Cars #5 Heating Oil #9 Natural Gas #6 Gasoline
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Markets Interact #1 Oil #2 Diesel Fuel #3 Trucking #4 Vegetables #7 Electric Cars #5 Heating Oil #9 Natural Gas #10 Electricity #6 Gasoline
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Markets Interact #1 Oil #2 Diesel Fuel #3 Trucking #4 Vegetables #7 Electric Cars #8 Batteries #5 Heating Oil #9 Natural Gas #10 Electricity #6 Gasoline
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Markets Interact #1 Oil #2 Diesel Fuel #3 Trucking #4 Vegetables #7 Electric Cars #8 Batteries #5 Heating Oil #9 Natural Gas #10 Electricity #11 Turbines #6 Gasoline
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Markets Interact #1 Oil #2 Diesel Fuel #3 Trucking #4 Vegetables #7 Electric Cars #8 Batteries #5 Heating Oil #9 Natural Gas #10 Electricity #11 Turbines #12 LED Bulbs #6 Gasoline
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Economics Behind Energy Technology Economies of Scale Supply Energy is an input to every good Where will we get our power from in 20 years?
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