Energy as the Master Resource: Where Left, Right, and Center Agree

By Robert Bradley Jr. -- July 3, 2009 5 Comments

“A reliable and affordable supply of energy is absolutely critical to maintaining and expanding economic prosperity where such prosperity already exists and to creating it where it does not.”

– John Holdren, “Memorandum to the President: The Energy-Climate Challenge,” in Donald Kennedy and John Riggs, eds., U.S. Policy and the Global Environment: Memos to the President (Washington, D.C.: The Aspen Institute, 2000), p. 21.

Julian Simon (1932–98) is an inspiration to many of us here at MasterResource. Indeed, this blog is named for Simon’s characterization of energy as the master resource. In honor of Simon, I have reproduced some quotations from the vast literature on that theme.

The primal importance of energy is recognized across the political spectrum as the views of John Holdren, Paul Ehrlich, and Amory Lovins attest. Affordable, reliable energy is thus the starting point for public policy debate.…

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W. S. Jevons and UK Coal Revisited (worth re-reading weekend)

By Robert Bradley Jr. -- June 20, 2009 No Comments

In an earlier post at MasterResource, W. S. Jevons (1865) on Coal (Memo to Obama, Part III), the hall-of-fame-economist explained how coal was a godsend to Britain, powering the industrial revolution in a way that renewable energies could not.

I am reminded of Jevons with the headline from the June 17th Guardian, “Carbon capture plans threaten shutdown of all UK coal-fired power stations.” It read in part:

All of Britain’s coal-fired power stations, including Drax, the country’s largest emitter of carbon, could be forced to close down under radical plans unveiled by government today. Ed Miliband, the energy secretary, is proposing to extend his plans to force companies to fit carbon capture and storage technology (CCS) onto new coal plants – as revealed by the Guardian – to cover a dozen existing coal plants.

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Christopher Flavin (Worldwatch Institute) on the Benefits of Electrifying the Developing World (quotations from the past to challenge prospective CO2 caps)

By Robert Bradley Jr. -- May 2, 2009 4 Comments

“Today, 1.6 billion people in developing countries do not have access to electricity in their homes. Most of the electricity-deprived are in sub-Saharan Africa and south Asia. For these people, the day finishes much earlier than in richer countries for lack of proper lighting. They struggle to read by candle light. They lack refrigeration for keeping food and medicines fresh. Those appliances that they do have are powered by batteries, which eat up a large share of their incomes.”

– Faith Birol, “Energy Economics: A Place for Energy Poverty in the Agenda?” The Energy Journal, Vol. 28, No. 3 (2007), 1–6, at 3.

Chris Flavin, head of the Worldwatch Institute, has written prolifically (albeit often erroneously) on energy and the environment. Ken Lay, the architect of Enron’s “sustainable energy” vision, was a Flavin fan, keeping this study in his “Desk.”…

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Sarah Palin’s Energy Plan: Not Much to Like (Republicans had better do better than this)

By Jerry Taylor -- April 27, 2009 11 Comments

Last month, our friends over at the Heartland Institute published a front-page lead story in the April, 2009 edition of Environment & Climate News. Alyssia Carducci’s “Palin Energy Plan Receives High Praise” begins:

“Alaska Gov. Sarah Palin (R) has announced an ambitious plan to produce half of the state’s electricity from renewable sources by 2025. Palin’s plan, which empowers local municipalities to identify and develop the most cost-efficient renewable power sources available to them, won immediate praise from environmental groups, consumer groups, and industry.”

This article is yet more evidence that the inexplicable conservative love affair with Sarah Palin remains unrequited—at least, when it comes to economic policy in general and energy policy in particular. But Republicans, as the kids might say, “She’s just not that into you.” Let’s examine the litany of problems with Plain’s approach to energy.…

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Costa Rica Follow-Up: Fatal Dependence on Renewable Electricity (Tom Friedman’s energy paradise loses its luck)

By Donald Hertzmark -- April 25, 2009 2 Comments Continue Reading

Wind: Energy Past, not Energy Future (the intermittency curse then, as now)

By Robert Bradley Jr. -- March 4, 2009 13 Comments Continue Reading

Windpower: Yet Another Texas-sized Problem (Hurricane Risk)

By Robert Bradley Jr. -- February 14, 2009 2 Comments Continue Reading

W. S. Jevons (1865) on Energy Efficiency (Memo to Obama, Part IV)

By Robert Bradley Jr. -- February 2, 2009 3 Comments Continue Reading

W. S. Jevons (1865) on Coal (Memo to Obama, Part III)

By Robert Bradley Jr. -- January 31, 2009 5 Comments Continue Reading

W. S. Jevons (1865) on Waterpower, Biomass, and Geothermal (Memo to Obama, Part II)

By Robert Bradley Jr. -- January 30, 2009 4 Comments Continue Reading