{"id":7579,"date":"2023-04-20T18:23:00","date_gmt":"2023-04-21T01:23:00","guid":{"rendered":"https:\/\/wikisolver.com\/?p=7579"},"modified":"2023-04-20T18:23:00","modified_gmt":"2023-04-21T01:23:00","slug":"water-hydrogen-real-estate-the-dollar","status":"publish","type":"post","link":"https:\/\/wikisolver.org\/staging\/6797\/water-hydrogen-real-estate-the-dollar\/","title":{"rendered":"Water, Hydrogen, Real Estate & the Dollar"},"content":{"rendered":"\n

Background <\/span><\/p>\n\n\n\n

It is indeed remarkable the propensity of our esteemed decision makers to ignore scientists\u2019 warnings. Case in point, the March 1912 issue of Popular Mechanics<\/em><\/a> correctly predicted that coal burning would accumulate carbon dioxide in the atmosphere and cause a greenhouse effect. Did the industrialized countries heed? The answer is that the world is now addicted to fossil fuels and will remain so for the foreseeable future.  What is certain is that the catastrophic consequences of anthropomorphic climate change, which disproportionately affect those who contributed the least to it \u2013the so-called \u201cdeveloping\u201d nations and the poor- are getting much worse.<\/p>\n\n\n\n

Water<\/span> <\/p>\n\n\n\n

Although water scarcity<\/a> does not command the political prominence it deserves, it is a ticking time bomb. In the U.S. the line separating the moist East from the arid West may have already shifted<\/a> 140 miles eastward, from the 100th<\/sup> to the 98th<\/sup> meridian<\/a>. As a result of this encroaching aridification, the U.S. is now bisected into two regions of nearly equal size \u2013one moist and the other arid, and their population densities and economies could not be more disparate<\/a>. It makes sense: no water, no life. Thus, the Ogallala Aquifer<\/a>, already severely depleted in some areas, and the Colorado River<\/a> basin, which is basically drying up, simply lack the water resources to support future population growth. Clearly, a new source of abundant water is needed to address the real estate crisis.<\/p>\n\n\n\n

Hydrogen and Water <\/span><\/p>\n\n\n\n

New discoveries make it feasible to produce green hydrogen directly from seawater<\/a> using solar energy. Many nations<\/a> would like to switch from fossil fuels to hydrogen, not only for mobile applications but to generate electricity. China has already started building the world\u2019s largest green hydrogen plant<\/a>, German project developer Conjuncta<\/em> signed a memorandum of understanding<\/a> with Egypt\u2019s energy provider Infinity<\/em> and the United Arab Emirates\u2019 Masdar<\/em> for a $34 billion green hydrogen product in Mauritania, and the City of Los Angeles, CA is replacing a gas-fired plant with a green hydrogen unit<\/a>.<\/p>\n\n\n\n

These and other similar projects are all designed to use hydrogen\u2019s energy-carrying properties, understandable given the global tensions revolving around, and resulting from, the desperate ongoing struggle to dominate the fossil fuels market. But hydrogen<\/span> has another critically important property: it can be oxidized to make water<\/span>. Thus, as noted above, highly efficient water splitters can extract green hydrogen directly from seawater using solar energy, and conversely, as Los Angeles proves, it is now feasible to build hydrogen-burning plants to generate electricity. Obviously, all that remains is to synchronize both ends of the equation to produce unlimited water (subject to availability of unlimited green hydrogen) and electricity. The cycle, anchored on a man-made, sea-level canal<\/a> from the Pacific Ocean to Death Valley wide and deep enough to accommodate supertankers is shown here<\/a>. Thus, the new fiord would become a hub where green hydrogen would be produced and distributed<\/a> to domestic and foreign markets. The benefits of this project are described here<\/a>. Incidentally, the principle could also be expanded to sun-drenched islands around the world and natural depressions such as the Dead Sea, Qattara, San Juli\u00e1n in Argentina, and others. One potential tangential benefit would be to disperse ocean water. That might mitigate the effect of rising seas on coastal cities worldwide.<\/p>\n\n\n\n

The Struggle<\/span> <\/p>\n\n\n\n

The United States is in the midst of a titanic struggle with China for economic, technological and military supremacy. Barring a nuclear holocaust that would make everything else moot, the reaction of the Global South is going to have a pivotal influence in the struggle\u2019s outcome. The region, which was at one time colonized by the G7, has the world\u2019s largest reserves of many critical natural resources. More importantly, most people on the planet live there, and many are shockingly poor and hungry. Understandably, China\u2019s indisputable track record of having lifted 800 million people from poverty in forty years resonates with their predicament far more than non-edible abstract mantras such as \u201cdemocracy” and “authoritarian.\u201d And some have already taken concrete steps to express their dissatisfaction with what the U.S. preaches and does. Brazil, Russia, India, China and others have not supported the U.S. and EU sanctions against Russia stemming from the Ukrainian war; Iran and Saudi Arabia, under Chinese mediation, have decided to pursue rapprochement, and some purchases of oil and gas are now being settled in currencies other than the U.S. dollar, a clear indication that the petrodollar is seriously ill. In fact, the dollar\u2019s use as the reserve currency of the world, currently at 58%, has declined precipitously over the last three years, a direct consequence of the weaponization of the dollar for geopolitical reasons. Furthermore, there\u2019s nothing to prevent this decline from accelerating. Indeed, that could happen very quickly should the petrodollar\u2019s illness metastasize to the U.S. bond market. The consequences of that would be unprecedented in scope and severity, including the very real possibility of hyperinflation, collapse of the Defense Budget, and default on the debt, Social Security and Medicare. The solution is obvious. For the reasons described above, we should become the world\u2019s largest producer of green hydrogen to replace fossil fuels. When used to generate electricity, the process would manufacture<\/span><\/em> water<\/span> as a byproduct, something no other fuel can do. If the U.S. could export hydrogen on a scale large enough to generate electricity worldwide, that might eliminate or at very least greatly reduce the trade deficit. Incidentally, it might forestall hyperinflation and strengthen the greenback independently of the petrodollar or the U.S. bond market.<\/p>\n","protected":false},"excerpt":{"rendered":"

Background It is indeed remarkable the propensity of our esteemed decision makers to ignore scientists\u2019 warnings. Case in point, the March 1912 issue of Popular Mechanics correctly predicted that coal burning would accumulate carbon dioxide in the atmosphere and cause a greenhouse effect. Did the industrialized countries heed? The answer is that the world is […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[48,21,31,55],"tags":[],"class_list":["post-7579","post","type-post","status-publish","format-standard","hentry","category-hydrogen","category-real-estate","category-the-dollar","category-water"],"_links":{"self":[{"href":"https:\/\/wikisolver.org\/staging\/6797\/wp-json\/wp\/v2\/posts\/7579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wikisolver.org\/staging\/6797\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikisolver.org\/staging\/6797\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikisolver.org\/staging\/6797\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wikisolver.org\/staging\/6797\/wp-json\/wp\/v2\/comments?post=7579"}],"version-history":[{"count":0,"href":"https:\/\/wikisolver.org\/staging\/6797\/wp-json\/wp\/v2\/posts\/7579\/revisions"}],"wp:attachment":[{"href":"https:\/\/wikisolver.org\/staging\/6797\/wp-json\/wp\/v2\/media?parent=7579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikisolver.org\/staging\/6797\/wp-json\/wp\/v2\/categories?post=7579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikisolver.org\/staging\/6797\/wp-json\/wp\/v2\/tags?post=7579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}