“… by Exxon’s calculations, a barrel of algal oil could be worth as much as $350, when factoring in existing low-carbon fuel standards and tax credits that add as much $260 in value to each barrel. Traditional crude oil currently sells for less than $80 a barrel.”

“The process requires vast amounts of energy so much so that algal biofuel production might consume more energy than it produces, some researchers concluded.”

Biofuels and biomass are energy technologies that are uneconomic and a mirage for the environmental gains that are desired by Left environmentalists. It is a loss-loss-loss for energy, stockholders, and the environment.

The article by Christopher Matthews, “Exxon Sees Green Gold In Algae-Based Fuels. Skeptics See Greenwashing” (Wall Street Journal, October 4, 2021) speaks for itself.…

At a time when the anti-environmental climate movement should be collapsing alongside renewable energy, the Old Guard is doubling down. And Carl Pope, executive director of the Sierra Club, is in denial as judged by his recent op-ed in Salon, “Is there an ‘energy crisis’? Not really — fossil fuels are collapsing, and it’s high time (October 25, 2021).

Pope’s subtitle says it all: “Why are energy prices spiking? Mostly because we’re not making the transition to wind and solar fast enough.” That’s exactly wrong as blackouts and conservation alerts in Texas, California, and around the world demonstrate.

Pope’s essay follows in blue with my comments.

The Economist calls it “The Energy Shock.” Forbes and the Wall Street Journal go further, resurrecting a term from the 1970s: “Energy Crisis.”…

“But in the nearly 4,000-page study, skeptics note, the term “low confidence” — jargon for findings where there is conflicting evidence — occurs almost 1,400 times. The term “likely” — which could mean a degree of certainty as low as 66 percent — appears thousands of times, including as to whether major hurricanes have increased in frequency since the 1980s.” (Jim Osborne, Houston Chronicle below)

The title of the featured story is loaded. The interview started from the premise of climate alarmism. But one Jim Walzel, 84 years young, did just fine in making the point that climate science is quite unsettled and not indicative of crisis–just like previous scares he has witnessed in his long lifetime.

James Osborne’s “These skeptics believe in climate change. Why is it so hard to convince them catastrophe is coming?”…

“[My] early writing was from a viewpoint that there was an ocean of BTUs beneath our feet, and what was high cost and supplemental today would become low cost and conventional later. I ‘trusted’ human ingenuity. I turned out ‘right’ for the wrong technological reason: horizontal drilling and hydraulic fracturing.”

Any intellectual is interested in what is written about him or her, whether it be in the newspaper or an essay, book, or doctoral dissertation. In my case, being of 66 summers, and having a lot of scholarship under my belt, I do not worry much about the momentary ad hominem stuff. But for the record, I am eager to correct with facts and interpretation as needed.

This brings me to a dissertation, “Limits and Cornucopianism: A History of Neo-Liberal Environmental Thought, 1920–2007” (New York University: 2019).…