In the midst of a bitter winter in North America and Europe, General Electric has announced a large wind project to be built in Oregon. Press reports in the Financial Times and USA Today describe a project of 338 machines of 2.5 MW each, giving a total capacity of 845 MW.
With power grids strained due to heating demand, increments to generating capacity are to be welcomed. But along with the usual hoopla about homes served and CO2 emissions savings, it is time for some “devil’s advocacy” by asking: – how much energy and capacity will this project really create? How much CO2 will be saved? And when the chips are down will consumers and grid operators be pleased that their funds have gone into wind rather than into some other generating source?…
Continue Reading“Politically oriented capitalism, whatever particular form it takes, involves the granting by the state of privileged opportunities for profit. Such openings are available only to those with connections or to those who can pay for influence.”
– Scott, James. Comparative Political Corruption. Englewood Cliffs, NJ: Prentice-Hall, 1972, p. 52.
Joe Romm at Climate Progress (Center for American Progress) is holding out hope against hope that a climate bill–just about any climate bill–will be passable in 2010. He regurgitates a Boston Globe piece under the headline, Graham, Kerry, Lieberman meet with Rahm Emanuel — and then Chamber of Commerce, whose VP of Gov’t Affairs said, “generally we were in synch”!
This brings up the question: why is the Chamber of Commerce negotiating with the enemies of true (consumer-driven) economic recovery?
This incident reminded me of a section from my book Capitalism at Work (chapter 6, pp.…
Continue ReadingOn Wednesday evening January 27th a discussion of the latest developments in climate change science will be held on the campus of Rice University (directions below for those nearby). This discussion/debate is cosponsored by the Shell Center for Sustainability and the Center for the Study of Environment and Society at Rice. Here is the flyer:
Defending the IPCC consensus regarding natural-versus-anthropogenic climate change is Gerald R. North, Distinguished Professor of the Physical Section, Department of Atmospheric Sciences and the Department of Oceanography at Texas A&M University.
Richard S. Lindzen, the Alfred P. Sloan Professor of Meteorology at the Massachusetts of Technology, will challenge the IPCC consensus, arguing that real-world climate sensitivity lies below the iconic range of 2c–4.5C. Questions about ‘Climategate’ and the newly emerged ‘Himalayangate’ (the latter exposed by Dr.…
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