Gasoline and diesel engines are making a comeback, but the problem is that there are still a lot of emissions.
Now, the biggest companies in the oil and gas business say they will not produce engines in the U.S. again.
The problem: emissions are rising faster than the economy.
It’s hard to find a large company that is doing more than what the government is paying them for.
“The economy is a lot more complex and has a lot less of the tools to respond to the problems that are happening now,” said Andrew Leggett, president and CEO of Leggets Oil & Gas, the world’s largest engine maker.
He says the company is working on an engine that uses recycled steam to power the turbine.
Leggetts’ company is producing engines in Texas, and it is expected to start producing engines for the U of T next year.
The U of Toronto is also working on a steam-powered engine that will be powered by the gas it produces in Toronto.
“We’ve gone from the production of 20 million barrels per day in 2003 to now about 12 million barrels a day, and we’ve done that because of the demand from the Canadian market,” Legget said.
“So we’ve been very, very fortunate that we’ve made the right decision.”
A company in the middle of this debate says the U S. is doing everything it can to be a green leader.
“It’s just a matter of how quickly we get to where we want to be,” said Chris Waugh, vice president of sales and marketing for the Gasoline Engine Manufacturing Corp. of America, a unit of the UTS Corp. “But we’re in a much different market.
We have to be able to find the right technology, and that’s why we’re investing in technologies like hybrid and electric.”
Waugh said that when the company was a startup in 1999, it made two diesel engines.
He said it took another 10 years for the company to make a gas engine.
“At that point we had a pretty small footprint,” he said.
The company is now producing four gas engines.
“I think there’s more demand for this technology and we’re definitely looking at a future where it will be a significant part of our business.”
Leggitt said he would like to see the U U. S. replace the aging diesel engines in its fleet with gas engines by 2030.
“If you can make an engine for that price and the reliability and the safety that we have, then I think we’re probably a good candidate,” he added.
Waugh has been looking into the Uts.
engine for some time, and he said the U-S.
will have to get a lot better at finding the right fuel for it.
“What we’re trying to do right now is figure out how to find new fuels and new technologies that can be used in the future,” he told ABC News.
“And I think there are a lot that will come out of that.”
But Waugh added that it’s important to be realistic about the future of the gas industry.
“Right now, if you’re making gas in the United States, you’re getting about half of the price you’d pay for gasoline in Europe,” he explained.
“Gas is cheaper to produce than coal, it’s cheaper to make than oil.
And that’s a big problem for the industry.
If we were going to look for new fuels, we would need to look at new technologies, not just gas.”
Lefferts Automotive is also investing in new technologies to improve efficiency.
It is now working on engines with fuel cell technology that will use natural gas instead of diesel.
The firm has also started a new plant in Pennsylvania to make compressed natural gas.
“There are some other countries that have gotten very good at this, and the rest of the world has not,” said Kevin Fong, vice-president of business development at Leffetts Automotive.
He added that the company has had a great relationship with the government of the United Kingdom, and Fong said it is “a great thing to be doing here.”
Fong added that Leffett’s engines are made in a number of countries in Europe and the U, and they will be exported to the United Sates.
“This is the only part of the business that we can’t export because of our emissions,” he acknowledged.
That is our only way to survive, and our emissions should go down.”