Energy Reality: The Stock Beats the Flow from the Sun (why technology struggles to save ‘renewables’)

By -- November 7, 2009 2 Comments

This article, “Energy to Spare” by David Warren, published in the Ottawa Citizen on November 4, 2009, says much in few words. Energy reality is that the sun’s work over the ages has produced energy sources (oil, gas, and coal) that far exceed the dilute energy from the sun. The stock beats the flow–by a country mile.

This article is reproduced below as a Weekend reading feature:

Will technology solve our energy problems? This seemingly fatuous question is actually stupider than first appears. For we already have the technology to power anything within reason, with minimal if any environmental fallout.

Yet under the inspiration of the Green Zeitgeist, I cannot go into a magazine shop without finding some science-lite cover story on new prospects for harnessing solar, thermal, wind, tidal, or whatever “renewable” forces.

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The Bear Growls, The EU Grovels: Adventures in the European Gas Market

By Donald Hertzmark -- November 6, 2009 2 Comments

Among those hoping that global warming is real we should now count the EU.  As winter approaches there is, quelle surprise, the initial hint of yet another gas supply crisis between Russia, Ukraine and Russia’s EU customers.  The problem is that those pesky pipelines have to go through somewhere to reach the market and that somewhere happens to be the Ukraine (unless it’s Poland, more on that later).

Source: US DOE, for better map resolution

All those red lines running Northeast-to-Southwest carry gas from Russia to the EU countries.  There is just no getting around the Ukraine for most of the transits; it is big and (if you are Russian) in the wrong place.

Gas: The Great Green Hope for Europe

As noted previously, gas use in Europe is roughly the same as that of the US, a bit over 20 tcf annually. …

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The Economics of Climate Change: Essential Knowledge

By Jerry Taylor -- November 4, 2009 6 Comments

The slow moving Senate debate over climate change offers an opportunity to revisit the fundamentals of climate change. While the physical science about natural and anthropogenic forcings is the place to start, the economics of climate change is highly relevant for the policy debate. In this regard,  a perfectly timed literature review in the Spring 2009 The Journal of Economic Perspectives is worth studying.

There have been 13 – count them, 13 – studies published in the peer reviewed literature that have wrestled with the economic implications of a doubling of atmospheric greenhouse gases (GhGs) on a CO2-equivalent basis.  Those 13 studies have yielded 14 estimates of what will subsequently happen to global GDP.  For those who are curious, 10 of those studies assume a subsequent warming of 2.5 C; two assume that a 1 C warming would follow; and two assume a 3 C warming would follow. …

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Okay, Joe Romm: How about a Wager on $65 Oil? (‘peak-oil’ bull or closet bear?)

By -- October 21, 2009 9 Comments

[After publication of my New York Times Op-ed on peak oil, Joseph Romm posted a response—and a challenge—on his website, and later expanded it on The Huffington Post. Below is Michael Lynch’s response.]

Thank you very much for your invitation to a wager on the price of oil, Joe, which I take to be serious, even though you made no effort to convey the wager to me personally. (If you were simply making a “‘pr” effort, feel free to withdraw it.) I would warn you that for most of my career I have been referred to as a ‘heretic’ or ‘contrarian’ and have repeatedly outperformed other forecasters by explaining (in a number of academic publications) why the forecasting of oil price and supply has been so deficient. That you appear to have been more prescient than me no doubt gives you confidence.…

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High Capital Costs Plague Solar (RPS mandates, cost dilution via energy mixing required) Part II

By Robert Peltier -- October 20, 2009 1 Comment Continue Reading

Gas From Shale Deposits: A Worldwide Game-Changer? (Part II)

By Donald Hertzmark -- October 16, 2009 No Comments Continue Reading

Horsepower Sure Beats Horses! (Part II: transportation gains from the ‘master resource’)

By Robert Bradley Jr. -- October 9, 2009 No Comments Continue Reading

Knocking on OPEC’s Door: The U.S. Becomes a Major Oil Exporter

By Robert Bryce -- October 8, 2009 4 Comments Continue Reading

A Death Spiral for Climate Alarmism, Redux?

By Kenneth P. Green -- September 30, 2009 13 Comments Continue Reading

The Global Cooling Scare Revisited (‘Ice Age’ Holdren had plenty of company)

By Robert Bradley Jr. -- September 26, 2009 17 Comments Continue Reading