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Chapter
                                                                 2








                                  Nanotechnology and

                               Our Energy Challenge










        Wade Adams Richard E. Smalley Institute for Nanoscale Science and
        Technology, Rice University
        Amy Myers Jaffe James A. Baker III Institute for Public Policy,
        Rice University



        Oil was, unquestionably, the basis for prosperity for the United States
        and the planet in the last half of the past century. But continuing on an
                               st
        oil-based path into the 21 century is not a sustainable path for human-
        ity. As the late Nobel laureate Richard E. Smalley points out, “It is very
        clear to many of us, including leading scientists and policy makers, that
        if oil remains the basis for prosperity for the world throughout this
        century, it cannot be a very prosperous or happy century.”
          Among the most important technical challenges facing the world in
              st
        the 21 century will be sustainable energy supply. Lack of access by
        the poor to modern energy services constitutes one of the most criti-
        cal links in the poverty cycle in Africa, Asia, and Latin America. Despite
        great advances in oil and gas drilling techniques and progress in
        renewable fuels, more than a quarter of the world’s population has no
        access to electricity today, and two-fifths are forced to rely mainly on
        traditional biomass—firewood and animal waste—for their basic cook-
        ing and heating needs. Indoor air pollution from this traditional energy
        source is responsible for the premature death of over 2 million women
        and children a year worldwide from respiratory infections, according
        to the World Health Organization. Without a major technological
        breakthrough, well over 1 billion people will still be without modern
        electricity in 2030, according to calculations by the International
        Energy Agency.

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