Wow. All I can say is wow. If this is possible… it could really change things. And from a populist Democratic Governor in a Red mountain state with balls. I like. via Kos. (and yes, I’m stealign the same excerpt that Kos uses)
Montana’s governor wants to solve America’s rising energy costs using a technology discovered in Germany 80 years ago that converts coal into gasoline, diesel and aviation fuel.
The Fischer-Tropsch technology, discovered by German researchers in 1923 and later used by the Nazis to convert coal into wartime fuels, was not economical as long as oil cost less than $30 a barrel.
But with U.S. crude oil now hitting more than double that price, Gov. Brian Schweitzer’s plan is getting more attention across the country and some analysts are taking him very seriously.
Montana is “sitting on more energy than they have in the Middle East,” Schweitzer told Reuters in an interview this week.
“I am leading this country in this desire and demand to convert coal into gasoline, diesel and aviation fuel. We can do it in Montana for $1 per gallon,” he said.
“We can do it cheaper than importing oil from the sheiks, dictators, rats and crooks that we’re bringing it from right now.”
The governor estimated the cost of producing a barrel of oil through the Fischer-Tropsch method at $32, and said that with its 120 billion tons of coal — a little less than a third of the U.S total — Montana could supply the entire United States with its aviation, gas and diesel fuel for 40 years without creating environmental damage.
An entry level Fischer-Tropsch plant producing 22,000 barrels a day would cost about $1.5 billion, he said.
This could also help parts of the more rural, economically depressed southern Indiana that has coal deposits as well. And does it really burn cleaner than our current oil, gas and aviation fuel?
This just reenforces my view that for the Democratic Party to make a resurgence we need to model ourselves after the fighitng populist Democrats out west that are starting to have victories like those in Montana.
Update: Yes I know it can’t all be happy bunnies and ponies. And that the more..ahem.. ideologically pure members of the Democratic Party are calling for an end to all carbon based energy. But relaly, that’s not going to happen anytime soon. So we need to look for reasonable transitional energy. This would be a great way to wean us off of crude from the Middle East (think national security) as well as getting people thinking about alternative energy methods beyond just pipe dream hydrogen (which is still a ways down the pike from becoming large-scale feasible). But this is comign from a Democrat that likes nuclear power so I’m sure I’ll get flamed either way.