FEATURED ARTICLE
Montreal Hyatt Regency Hotel
Montreal Hyatt Regency Hotel was site of PHEV '09 conference.

Are We Ready for 2012?

Opening keynote speech at PHEV '09 Conference, Montreal Canada

By Bill Moore

The following is the text of my speech delivered on September 29, 2009 at the opening plenary session of PHEV '09. The accompanying slides may be downloaded in PDF format here.

[SLIDE 1]
THANK YOU.

[SLIDE 2]
LET ME BEGIN BY EXPRESSING MY APPRECIATION, AWE AND DOWNRIGHT AMAZEMENT THAT YOU'D THINK I'D HAVE SOMETHING WORTHWHILE TO CONTRIBUTE TO THE CONSIDERABLE INTELLECTUAL CAPITAL REPRESENTED IN THIS CONFERENCE.

IT IS TRULY AN HONOR TO BE WITH YOU TODAY AND I HOPE THAT MY REMARKS WILL BE BOTH EDIFYING AND THOUGHT PROVOKING.

BEFORE I BEGIN, HOWEVER, LET ME SHARE WITH YOU A PERSONAL ANECDOTE ABOUT MONTREAL. THE LAST TIME I WAS HERE, IT WAS WITH MY WIFE, WHO SPEAKS A LITTLE FRENCH AND SHE ABSOLUTELY FELL IN LOVE WITH THE CITY, AS DID I. SO MUCH SO, IN FACT, THAT WE EVEN TALKED ABOUT RELOCATING THE BUSINESS HERE, ESPECIALLY DURING SOME OF THE DARKER PERIODS OF THE LAST EIGHT YEARS. AMONG THE THINGS THAT DISSUADED US WERE YOUR LONG, DARK WINTER NIGHTS -- WE GET PLENTY OF THOSE BACK HOME -- AND THE FACT THAT WE WOULD NEVER KNOW WHAT TO WEAR. I MEAN WHAT'S WITH THIS CELIUS - CENTIGRADE BUSINESS? IF IT'S 32 DEGREES OUTSIDE -- DO I WEAR AN OVERCOAT OR SWIMMING TRUNKS?

YOU DO HAVE A BEAUTIFUL CITY HERE AND I AM PLEASED TO HAVE THE OPPORTUNITY TO RETURN AND ENJOY IT.

[SLIDE 3]
NOW, WHAT I WANT TO TALK TO YOU ABOUT TODAY IS THE YEAR 2012.

[SLIDE 4]
A LOT OF MYTHS AND SPECULATION HAVE SPRUNG UP AROUND THAT YEAR AFTER MAYAN EXPERTS LEARNED THAT THEIR LONG COUNT CALENDAR ENDS ON OR ABOUT DECEMBER 21ST, THE WINTER SOLSTICE IN 2012. THIS HAS FOSTERED A PANOPLY OF THEORIES ABOUT WHAT MAY HAPPEN, FROM THE END OF THE WORLD TO THE DAWNING OF A NEW, MORE ENLIGHTENED AGE. DO A GOOGLE SEARCH FOR 2012 AND MAYAN CALENDAR AND YOU GET AN AMAZING 1.56 MILLION HITS.

[SLIDE 5]
MY PERSONAL BELIEF IS THAT THE DAY WILL COME AND GO AND WE'LL STILL FACE THE SAME SET OF CHALLENGES AND OPPORTUNITIES WE DID ON DECEMBER 20TH. BUT I ALSO BELIEVE THE WORLD IS CHANGING ALREADY -- GRADUALLY BECOMING AN INCREASINGLY "EV WORLD." THE SIGNS ARE EVERYWHERE.

TAKE THE RECENT FRANKFURT AUTO SHOW WHERE DOZENS OF PRODUCTION, PRE-PRODUCTION, PROTOTYPE AND CONCEPT EVs WERE ON DISPLAY FROM BATTERY ELECTRICS TO PLUG-INS TO HYBRIDS. PLUG-IN CARS WERE THE TALK OF THE SHOW AND THE WORLD'S MEDIA.

[SLIDE 6]
PERHAPS THE MOST UNDER-REPORTED EVENT IN FRANKFURT WAS BETTER PLACE'S ANNOUNCEMENT THAT IT HAS PLACED AN ORDER -- PRESUMABLY WITH RENAULT -- FOR 100,000 ELECTRIC CARS, AS WELL AS 100,000 CHARGING STATIONS.

THINK ABOUT THAT. THIS IS THE LARGEST SINGLE ORDER FOR ELECTRIC VEHICLES EVER. JUST A FEW DAYS LATER, THE GOVERNMENT OF FRANCE TENDERED A REQUEST FOR PROPOSAL FOR 50,000 ELECTRIC VEHICLES.

[SLIDE 7]
STOP FOR A MOMENT AND THINK ABOUT HOW FAR WE'VE COME IN LESS THAN A DECADE. I PUT TOGETHER THIS ADMITTEDLY INCOMPLETE TIMELINE TO GIVE US A SENSE OF THE PACE OF CHANGE IN WHICH WE CURRENTLY FIND OURSELVES. THE VERY FIRST PLUG-IN PRIUS CONVERSION ONLY OCCURRED 4 SHORT YEARS AGO. THAT WAS THE SAME YEAR, GM AND FORD AND OTHER OEMS, WERE RECALLING AND USUALLY CRUSHING THEIR ELECTRIC CARS AND TRUCKS.

[SLIDE 8]
TWO YEARS LATER, IN 2007, SHAI AGASSI ANNOUNCED PROJECT BETTER PLACE AND GENERAL MOTORS DEBUTED THE CHEVY VOLT, THE FIRST PRODUCTION EXTENDED RANGE ELECTRIC CAR. NOW, JUST TWO YEARS AFTER THAT, VIRTUALLY EVERY MAJOR AND EVEN SOME MINOR AUTO MAKERS LIKE TESLA AND FISKER AND BYD HAVE OR WILL SHORTLY BE DELIVERING PLUG-IN CARS TO BUYERS.

[SLIDE 9]
BY 2012 AND SHORTLY THEREAFTER, THE CHOICES OF ELECTRIC CARS WILL BE MANY AND WILL BE APPROACHING MASS MARKET AFFORDABILITY. WHICH LEADS TO SOME INTERESTING FORECASTS ON HOW MANY PLUG-IN ELECTRIC CARS MIGHT WE EXPECT TO SEE AS WE ENTER THE SECOND DECADE OF THE 21ST CENTURY. BY 2015, ESTIMATES RANGE FROM A LOW OF 400,000 PHEVS AND BEVS TO MIT'S 10 MILLION EVs PROJECTION BY 2016. AS THE SLIDE SUGGESTS, OTHERS ARE A BIT MORE CONSERVATIVE, BUT STILL, WE'RE TALKING ABOUT MILLIONS OF ELECTRIC CARS, NOT THE RELATIVE HANDFUL WE HAVE NOW.

[SLIDE 10]
WHEN RENAULT-NISSAN ALLIANCE CEO CARLOS GHOSN SHOWED OFF RENAULT'S FOUR -- COUNT THEM 4 -- ELECTRIC CARS IN FRANKFURT, HE NOTED THAT THE PRICE OF OIL NEEDS TO BE AT LEAST $70 A BARREL IN ORDER TO JUSTIFY THE SHIFT TO EVs BY HIS FIRM AND CONSUMERS; AND EVEN HIGHER OIL PRICES WOULD BE BETTER, HE NOTED.

HERE I WOULD DISAGREE. $70 OIL ENCOURAGES THE EXPLORATION FOR AND INVESTMENT IN ALTERNATIVES, INCLUDING ELECTRIC DRIVE TECHNOLOGIES. LESS THAN THAT -- WHEN OIL PRICES SANK TO THE $40 RANGE -- INVESTMENTS STALLED.

ABOVE THAT, IN THE TRIPLE DIGIT PRICE RANGE, THE ECONOMY FALTERS AND MONEY GETS TIGHT AND EVERYONE IS AFRAID TO INVEST IN ANYTHING. PROMISING INNOVATIONS STARVE FOR WANT TO CAPITAL.

[SLIDE 11]
SO, WE HAVE THIS GOLDILOCK MOMENT, WHERE OIL PRICES ARE HIGH ENOUGH TO ENCOURAGE INVESTMENTS IN ALTERNATIVES BUT NOT SO HIGH AS TO THROTTLE THE ECONOMY.

WE'RE ARE ALSO AT THE POINT WHERE THE POLITICAL CLIMATE IN MY COUNTRY AND I THINK GLOBALLY IS AS FAVORABLE TO PROGRESSIVE CHANGE AS IT WILL EVER BE.

CERTAINLY CRITICAL ECONOMIC INCENTIVES ARE BEING PUT IN PLACE AND MORE ARE COMING. RECENTLY THE STATE OF COLORADO PASSED A MEASURE THAT GIVES A $6,000 TAX CREDIT TO ANY RESIDENT WHO CONVERTS HIS HYBRID INTO A PLUG-IN. THIS IS IN ADDITION TO THE U.S. FEDERAL TAX CREDIT OF 10% ON A PLUG-IN CONVERSION. IF YOU LIVE IN COLORADO, THE EFFECTIVE OUT-OF-POCKET COST FOR A $12,000 CONVERSION BY COMPANIES LIKE HYMOTION AND PLUG-IN CONVERSIONS CORPORATION WILL BE LESS THAN $5,000. THAT BEGINS TO MAKE CONVERSIONS ECONOMICALLY JUSTIFIABLE.

NOT ONLY DO WE NOW HAVE APPROPRIATE TECHNOLOGY AVAILABLE, BUT THE INDUSTRY NOW UNDERSTANDS THE NECESSITY FOR CHANGE. IT IS BEING DRIVEN BY THE REALIZATION THAT DEPENDENCE ON A SINGLE ENERGY SOURCE IS FOLLY, ESPECIALLY ONE THAT IS FINITE AND FUELS CLIMATE CHANGE WITH ALL ITS ECONOMIC, POLITICAL AND ENVIRONMENTALLY DISRUPTIVE CONSEQUENCES.

[SLIDE 12]
AND FINALLY, THE PUBLIC SEEMS TO NOW UNDERSTAND AND ALSO APPRECIATE THE NECESSITY FOR THE SHIFT TO CLEANER, MORE EFFICIENT, MORE ENVIRONMENTALLY BENIGN FORMS OF MOBILITY. CONSIDER THESE THREE RECENT SURVEYS THAT CLEARLY INDICATE PEOPLE ARE STARTING TO "GET IT" WHEN IT COMES TO PLUG-IN VEHICLES.

[SLIDE 13]
YES, ELECTRIC CARS ARE EXPENSIVE, BUT THE COST CURVE IS HEADED IN THE RIGHT DIRECTION. A BAIN & COMPANY SURVEY FOUND A STRONG INTEREST AMONG THOSE WHO CAN AFFORD EXPENSIVE PLUG-IN AND BATTERY ELECTRIC CARS.

INCIDENTALLY, A SURGEON FRIEND OF MINE KEEPS TOYING WITH THE IDEA OF BUYING A FISKER KARMA AND I JUST LEARNED THAT MY WIFE'S BOSS, THE OWNER OF OMAHA STEAKS, HAS A TESLA MODEL S ON ORDER. SO, EVEN IN CONSERVATIVE OMAHA, THE MESSAGE IS SPREADING.

THEIR PURCHASES MAKE POSSIBLE THE DEVELOPMENT OF MORE AFFORDABLE EVs LIKE THE TESLA MODEL S AND THE JUST ANNOUNCED FISKER $40,000 SEDAN. THOSE WHO ACQUIRE THESE CARS, PAVE THE WAY FOR EVEN MORE AFFORDABLE MODELS.

YET, AMIDST ALL THESE EXCITING DEVELOPMENTS, WE ALSO MUST RECOGNIZE THAT AS WINSTON CHURCHILL SAID, "WE ARE NOT AT THE BEGINNING OF THE END, BUT PERHAPS THE END OF THE BEGINNING."

[SLIDE 14]
SO WHAT REMAINS TO BE DONE? WHAT EVENTS COULD CAUSE THIS TRAIN ON WHICH WE'RE EXCITEDLY RIDING TO WRECK?

I SEE FOUR CLASSES OF PHENOMENA OF WHICH WE MUST BE COGNISANT. NONE OF THESE ARE, TO QUOTE FORMER DEFENSE SECRETARY DONALD RUMSFIELD, KNOWN UNKNOWNS. THEY ARE WELL KNOWNS. AT LEAST, I THINK THEY ARE RECOGNIZED, IF NOT YET ENTIRELY WELL UNDERSTOOD.

[SLIDE 15]
THE FIRST IS RESOURCE AVAILABILITY: THINGS LIKE LITHIUM CARBONATE AND RARE EARTH ELEMENTS LIKE NEODYMIUM. IT IS THIS RARE EARTH METAL THAT MAKES POSSIBLE THE POWERFUL MAGNETS IN HYBRID AND ELECTRIC CAR MOTORS.

WHILE REPORTS OF LITHIUM RESOURCE LIMITS ARE LIKELY TO BE SOMEWHAT OVERSTATED, CHINA RECENTLY SENT SHOCK WAVES AROUND THE WORLD BY RAISING THE POSSIBILITY THAT IT MIGHT CONSIDER LIMITING THE EXPORT OF RARE EARTH ELEMENTS, FOR WHICH IT IS THE SOLE SUPPLIER FOR THE REST OF THE WORLD, CONTROLLING 95-99% OF THE MARKET. WITHOUT THESE 15 ELEMENTS, WITH NAMES LIKE CERIUM, DYSPROSIUM AND YTTRIUM, VIRTUALLY NONE OF THE ELECTRONICS AND OTHER DEVICES THAT ARE PART OF OUR MODERN, CONNECTED WORLD WOULD BE POSSIBLE, INCLUDING PLUG-IN ELECTRIC CARS.

[SLIDE 16]
AND THEN, OF COURSE, THERE IS THE EVER-LOOMING HUBBERT'S PEAK OF OIL FIELD DEPLETION RATES OUTPACING DISCOVERIES AND RECOVERY. THE LATEST CONVERT TO THE PEAK OIL CAMP BEING THE EUROPEAN HEAD OF MACQUARIE INVESTMENT BANK'S OIL AND GAS RESEARCH DIVISION, IAN REID. NOT ONLY DOES HE SEE DEPLETION OUTPACING PRODUCTION BY 2015, BUT HE ALSO SEES THE 5 MILLION BARREL A DAY CAPACITY CUSHION WE CURRENTLY ENJOY EVAPORATING BY THE YEAR.... 2012.

BUT OIL AND GAS FIELD DEPLETION AREN'T OUR ONLY CONCERNS AS WE ROLL THROUGH THE EARLY DECADES OF THE 21ST CENTURY. WE HAVE THE PROBLEM OF WHAT TO DO ABOUT AGING NUCLEAR POWER PLANTS. DO WE EXTEND THEIR LIVES? DECOMMISSION THEM? BUILD NEW ONES?

NORTH AMERICA HAS THE LARGEST COAL RESERVES IN THE WORLD, BUT THESE TOO ARE FINITE AND THEIR CONTINUED USE IS ENVIRONMENTALLY IRRESPONSIBLE.

ADDITIONALLY, FEW NEW, LARGE SCALE HYDRO POWER PLANTS ARE LIKELY TO BE BUILT ON ECONOMIC AND ENVIRONMENTAL GROUNDS.

OUR POWER GRID IS FRAGILE AND WHILE THE EARTH PROVIDES US WITH AMPLE AMOUNTS OF WIND AND SOLAR ENERGY, THEY KEEP THEIR OWN SCHEDULES, WHICH DON'T ALWAYS ALIGN WITH OURS.

THIS LEAVES US WITH THE QUESTION HOW DO WE POWER ALL THESE ELECTRIC CARS? GRANTED, IT MAY NOT SEEM LIKE ALL THAT BIG AN ISSUE AT THE MOMENT. PLUGGING IN MILLIONS OF NEW PLASMA AND LCD TELEVISION SETS PROBABLY REPRESENTS A MORE PRESSING CONCERN FOR UTILITIES THAN A FEW HUNDRED THOUSAND ELECTRIC CARS.

[SLIDE 17]
ON THE ISSUE OF CHARGING INFRASTRUCTURE, LET ME SHARE WITH YOU AN EXAMPLE FROM YOUR OWN COUNTRY.

WHEN VANCOUVER RECENTLY PASSED AN ORDINANCE REQUIRING THE INSTALLATION OF SIMPLE, LEVEL ONE, 20 AMP, 120 VOLT OUTLETS IN ONE IN FIVE PARKING BAYS IN ALL NEW MULTI-FAMILY RESIDENCES, THEY DISCOVERED THAT THE COST WORKED OUT TO BE $2,300 PER OUTLET.

IT WASN'T JUST A MATTER OF DROPPING A FEW EXTRA PIPES OF CONDUIT AND RUNNING 12 GAUGE WIRE. TO HANDLE THE EXPECTED LOAD, THE BUILDING OWNERS HAD TO INSTALL LARGER TRANSFORMERS AND MORE CIRCUIT PANELS; GENERALLY UPGRADE ELECTRIC SERVICE ALL AROUND. AND THIS IS A BARE ESSENTIAL LEVEL OF SERVICE PROVIDING ENOUGH CURRENT TO RUN A 2KW CHARGER, WHICH AFTER 10 HOURS WILL GIVE THE EV A RANGE OF ABOUT 60 MILES.

TO GO TO LEVEL II, 240 VOLT, 40 AMP 6KW CHARGER SERVICE THAT CUTS CHARGE TIME TO 4-6 HOURS, WILL COST SIGNIFICANTLY MORE. THAT'S TO PROVIDE JUST 20 PERCENT OF RESIDENT'S WITH ELECTRIC SERVICE FOR FUTURE PLUG-IN VEHICLES.

IN MY COUNTRY, THE STATE OF DELAWARE LAST WEEK PASSED A LAW THAT ALLOWS OWNERS OF PLUG-IN VEHICLES WITH VEHICLE-TO-GRID CHARGING CAPABILITY TO BE INCLUDED IN THE STATE'S NET METERING PROGRAM, ENABLING THEM TO PAY FOR ONLY THE ELECTRIC POWER THEY ACTUALLY USE. ANY THEY FEED BACK INTO THE GRID FROM THEIR CAR'S BATTERY GETS CREDITED TO THEIR ELECTRIC BILL. OF COURSE, THERE ARE JUST A HANDFUL OF SUCH CARS IN THE STATE, BUT IT IS THINKING AHEAD. WE NEED SIMILAR INSIGHTFUL MEASURES TO BE INTRODUCED IN COMMUNITIES ACROSS OUR NATIONS.

[SLIDE 18]
THE FOURTH PHENOMENON IS PUBLIC POLICY, WHICH OFTEN, FROM THE PERSPECTIVE OF EV ADVOCATES AND MANUFACTURERS, APPEARS STILL LOCKED IN THE HORSE-N-BUGGY ERA. CASE IN POINT, WHILE QUEBEC PERMITS THE USE OF NEIGHBORHOOD ELECTRIC VEHICLES LIKE THE ZENN ON PUBLIC STREETS, IT AND BRITISH COLUMBIA ALONE ARE THE ONLY PROVINCES THAT DO SO. YET, IF YOU GO TO INTO NEIGHBORING ONTARIO, SAY, I'LL WAGER I CAN HIRE A HORSE DRAWN CARRIAGE TO TOUR OTTAWA OR TORONTO. A POLICEMAN WILL NOT STOP AND TICKET US, BUT TRY THAT IN A ZENN OR A DYNASTY IT AND YOU'LL PAY THE PRICE.

I SHOULD HASTEN TO ADD THAT THEY AREN'T LEGAL IN MY STATE EITHER, MUCH TO MY FRUSTRATION.

WHEN IT COMES TO FAVORABLE TAX CODES FOR ELECTRIC VEHICLES, THE GLOBAL CHAMPION IS DENMARK. IF YOU BUY A PETROL-FUELED CAR IN DENMARK THEY TAX YOU 150 PERCENT THE VALUE OF THE CAR. A $20,000 CAR WILL COST YOU $50,000. AN ELECTRIC CAR HAS A ZERO TAX RATE.

OF COURSE, THAT POISES THE NEXT QUESTION OF HOW DO WE PAY FOR OUR ROADS IF ELECTRIC CAR OWNERS DON'T BUY PETROL? FRANKLY, THIS IS THE LEAST OF MY WORRIES. ANY GOVERNMENT WORTH ITS SALT WILL FIND A WAY TO TAX AN ELECTRIC CAR. THEY JUST HAVEN'T HAD THE INCENTIVE... YET.

[SLIDE 19]
THERE IS ONE OTHER "WRINKLE" OF WHICH I RECENTLY BECAME AWARE. IT'S CALLED EMBODIED ENERGY. COUNTER-INTUITIVELY, THE MORE EFFICIENT WE MAKE OUR VEHICLES, BY MAKING THEM LIGHTER AND SHIFTING TO ELECTRIC DRIVE, THE MORE EMBODIED ENERGY IT TAKES. AS IS POINTED OUT IN "THE MONSTER FOOTPRINT OF DIGITAL TECHNOLOGY", "A HANDFUL OF MICROCHIPS -- AND THE MODERN CAR IS LOADED THEM. I'VE BEEN TOLD THERE ARE 11 COMPUTERS IN MY PRIUS ALONE -- CAN HAVE AS MUCH EMBODIED ENERGY AS A CAR."

[SLIDE 20]
THIS GRAPH ILLUSTRATES THAT POINT. ON THE FAR RIGHT ARE VARIOUS 19TH AND 20TH CENTURY MANUFACTURING PROCESS IN TERMS OF THE ENERGY USED AND TIME INVOLVED TO FABRICATE MATERIALS ON A PER KILO BASIS. AS WE BEGIN TO CREATE EVER SMALLER, MORE POWERFUL DEVICES -- AND MATERIALS -- THE AMOUNT OF ENERGY REQUIRED RISES BY ORDERS OF MAGNITUDE, AS MUCH AS SIX ORDERS OF MAGNITUDE WHEN IT COMES TO NANOMATERIALS AND SEMICONDUCTORS, THE VERY THINGS WE ARE COUNTING ON TO HELP US SAVE ENERGY.

AS THE AUTHOR OF THIS ARTICLE POINTS OUT, OUR MODERN, COMPUTER AGE -- LIKE SO MANY OTHER ASPECTS OF SOCIETY -- HAS BEEN MADE POSSIBLE BY CHEAP AND ABUNDANT ENERGY.

I HAVEN'T DONE THE ANALYSIS, BUT IT WOULD NOT BE OUTSIDE THE REALM OF POSSIBILITY THAT THE EMBODIED ENERGY IT TOOK TO FABRICATE THE MICROPROCESSORS IN MY WONDERFUL PRIUS COULD EXCEED THE FUEL IT WILL SAVE ME OVER ITS OPERATIONAL LIFE.

THESE ARE THE KINDS OF ISSUES AND PHENOMENON WE, AS AN INDUSTRY, MUST RECOGNIZE AND RESOLVE, IF WE HAVEN'T ALREADY BEGUN TO DO SO. THEY SUGGEST THAT AS WE MOVE FORWARD INTO AN INCREASINGLY CARBON CONSTRAINED ERA, SIMPLY SUBSTITUTING HUNDREDS OF MILLIONS OF ELECTRIC CARS BASED ON OUR CURRENT FOSSIL FUEL MODEL, MAY NOT, IN FACT, BE A VIABLE LONG-TERM STRATEGY OR POLICY, AT LEAST NOT AS WE CURRENTLY CONCEIVE THEM.

[SLIDE 21]
THE CHALLENGE OF THE 21ST CENTURY MAY NOT BE HOW TO USE LESS ENERGY, BUT HOW TO BENIGNLY, RESPONSIBLY UTILIZE MORE ENERGY.

[SLIDE 22]
NOW I WOULD WAGER THAT IT WON'T COME IN THE FORM OF A MR. FUSION PERSONAL NUCLEAR REACTOR. IF YOU'VE SEEN "BACK TO THE FUTURE", YOU'LL RECALL "DOC BROWN", THE MAD GENIUS WHO INVENTED THE TIME TRAVELING DELORIAN, REFUELED THE CAR'S REACTOR WITH GARBAGE.

BUT LESS YOU DISMISS THIS AS HOLLYWOOD HYPERBOLE, CONSIDER RECENT ANNOUNCEMENTS OVER THE PAST COUPLE YEARS WHERE RESEARCHERS HAVE PROPOSED USING CORN COBS, EGG SHELLS, EVEN CHOCOLATE TO HELP POWER THE CARS OF THE FUTURE. YES, AND EVEN BEER CANS; OKAY, THE ALUMINUM FROM WHICH THEY'RE MADE.

[SLIDE 23]
AND WHILE WE CAN ALWAYS HOLD OUT HOPE THAT THE MYSTERIOUS PROCESS THAT FLEISCHMANN AND PONS DISCOVERED 30 YEARS AGO WILL AFFORD SOME WONDROUS ENERGY BREAKTHROUGH BY TURNING WATER INTO POWER, WE ALREADY HAVE MORE THAN ENOUGH BENIGN, ENVIRONMENTALLY-SAFE, LIMITLESS ENERGY AT OUR DISPOSAL.

THE SUN SHOWERS DOWN ON OUR PLANET MORE ENERGY IN ONE HOUR THAN ALL MANKIND USES IN ONE YEAR. WE HAVE WAVES AND WIND AND THE VERY HEAT OF THE PLANET ITSELF.

TOWARDS THAT END, I AM PLEASED TO REPORT THAT ONTARIO IS PROACTIVELY LEADING THE WAY HERE IN CANADA AND NORTH AMERICA WITH THE INTRODUCTION OF PROGRESSIVE FEED IN TARIFFS FOR WIND AND SOLAR THROUGH THE PASSAGE OF ITS GREEN ENERGY ACT. SIMILAR TARIFFS HAVE DRAMATICALLY INCREASED THE DEPLOYMENT OF RENEWABLE ENERGY SYSTEMS ACROSS EUROPE. WHILE A HANDFUL OF MUNICIPAL UTILITIES IN THE UNITED STATES HAVE TAKEN THE FIRST HESITANT STEPS TOWARDS F.I.T.S., ONTARIO HAS -- TO PARAPHASE STAR TREK -- GONE BOLDLY WHERE NO PROVINCE -- OR U.S. STATE -- HAS GONE BEFORE.

[SLIDE 24]
WE HAVE TAKEN FIRST STEP IN A WHAT WILL BE A VERY LONG JOURNEY INTO THE FUTURE OF OUR MAKING. WHILE WE ARE THE INHERITORS OF THE CHOICES OUR PREDECESSORS MADE, WE ALSO ARE THE MASTERS OF OUR OWN FUTURE. IN THIS ROOM, AT THIS VERY MOMENT, ARE BEING SOWN THE SEEDS OF AN EV WORLD.

EACH OF US HERE PLAYS A SMALL, BUT VITAL ROLE IN SHAPING THAT FUTURE. AS A PLANET, COLLECTIVELY, WE FACE STAGGERINGLY COMPLEX CHALLENGES THAT WILL REQUIRE NOT ONLY THE MORE INTELLIGENT USE OF TECHNOLOGY, BUT AN INEVITABLE SHIFT IN OUR THINKING, IN HOW WE SEE OURSELVES, IN WHAT WE CHERISH AND VALUE.

IF I HAD A WISH ABOUT WHAT HAPPENS IN 2012, I WOULD WISH THAT MANKIND WOULD EXPERIENCE SOME GREAT EMOTIONAL TRANSFORMATION WHERE WHAT WE VALUE MOST ISN'T THE ACCUMULATION OF WEALTH, POWER AND STATUS, BUT THE PERFECTION OF INTEGRITY, HONESTY AND COMPASSION FOR EACH OTHER. THAT WE LEARN HOW TO CHANNEL OUR COMPETITIVE SPIRIT, AND YES, EVEN THOSE BASER DRIVES OF ENVY AND AVARICE, INTO RESHAPING OURSELVES INTO MORE ENLIGHTENED BEINGS WILLING TO CARE AND SHARE FOR THE GOOD OF ALL.

[SLIDE 25]
FINALLY, IN THAT SPIRIT I AM PLEASED TO ANNOUNCE THAT ON OR ABOUT OCTOBER 8TH, EV WORLD IS FINALLY GOING TO GET PLUGGED IN. WE WILL BE INSTALLING AT OMAHA'S METROPOLITAN COMMUNITY COLLEGE A PLUG IN CONVERSION CORPORATION KIT INTO OUR NEWLY ACQUIRED 2009 PRIUS, IN PART THROUGH THE GENEROUS SUPPORT OF KIM ADELMAN AND HIS COMPANY. OUR PRIUS WILL BE THE FIRST PRIVATELY OWNED PHEV IN OMAHA.

MY WIFE -- "SHE WHO IS TO BE OBEYED" -- WILL DRIVE IT DAILY TO WORK . SINCE HER COMMUTE IS JUST 11 MILES ROUND-TRIP AND PLUG IN CONVERSION'S NiMH PACK HAS A RANGE OF AROUND 20 MILES, JUDY WILL BE ABLE TO GO TO AND FROM WORK WITHOUT USING A DROP OF PETROLEUM. WE ARE EVERY EXCITED ABOUT THIS AND DEEPLY APPRECIATIVE OF KIM AND METRO COMMUNITY COLLEGE.

[SLIDE 26]
THANK YOU FOR THIS GREAT HONOR.

Times Article Viewed: 10141
Published: 30-Sep-2009

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