CO2 Benefits Exceed Costs by … 50:1, more?

By Roger Bezdek and Paul Driessen -- February 11, 2014 38 Comments

Cap-and-trade, carbon taxation, net social cost for carbon: all assume that increasing emissions of carbon dioxide (CO2) and other greenhouse gases by mankind have injurious effects that are not accounted for in private activity.  But the politically incorrect is intellectually correct: CO2 emissions make life better – even possible – for people, the economy, and the ecosphere.

Cost/Benefit Analysis

Weighing risks, costs and benefits is fundamental to life. We do it every day – when walking, driving, showering, heating our homes, and using stairs, ladders and tools; and when balancing the cost of new payments versus the benefits of a better home or car. The alternative is hunkering down in a bedroom or cave – until a lightning bolt, tornado, hurricane or armed burglar disturbs our false sense of security.

That is why government agencies are required to assess the benefits and costs of proposed regulations.

Continue Reading

Energy Strategy: Begin with Density

By Jerry Graf -- August 21, 2013 6 Comments

“In this century the bulk of humanity will live in large densely populated cities. If the citizens of of these cities are to attain a high quality of life they will require large centralised energy generation. This is not a matter of ideological preference, but of engineering reality.”

– Robert Wilson, The Future of Energy: Why Power Density Matters, Energy Collective, August 8, 2013.

“There is no doubt that we in the United States need to alter our energy strategy. The question is how we will change it. A rational energy strategy must be determined by scientific evaluation of fact and logical analysis of performance and economics–not by emotion, political considerations, and ‘feel good’ methodologies.”

– Jerry Graf (below)

Other than the damage to the economy from the waste itself, the real problem with mandating and subsidizing non-viable energy technology projects is that this distracts us and diverts resources from other efforts to improve our energy production strategy.…

Continue Reading

Power Density Separates the Wheat from the Chaff

By Kent Hawkins -- February 20, 2013 7 Comments

“Power density (W/m2) is perhaps the most revealing variable in energetics…”[1]- Vaclav Smil

It may be a bit of an exaggeration to say that understanding power density may be all the average person requires to put our energy sources and needs into perspective, but there is some merit in this argument. Unfortunately, this view of energy matters remains little discussed, probably because it appears rather academic.

This post attempts to overcome this by further illustrating the concepts. It will also demonstrate how industrial-scale wind and solar PV electricity generation plants fail to meet this important, high-level standard of performance for electricity sources required by mankind, particularly in developed societies, but increasingly in developing and even undeveloped societies.

This is even without taking into account:

(1) The persistent erratic (short term – minutes) and unreliable (medium to long term – hours to days) nature of electricity production that wind and solar PV provide; (2) their high costs; and (3) many other considerations described here.

Continue Reading

Towards Sound Energy Policy (Part I – Current Flaws)

By Kent Hawkins -- January 16, 2013 3 Comments

For well-being, present and future, including overall governance, health and medical care, financial, economic, human rights, equality, peace, security and liberty, etc.,[1] we have to stop playing political games with energy policy in the developed countries in the West and turn to sound approaches.

In particular, Europe must withdraw from its desperate and destructive attempts at regaining some measure of world ‘leadership’, which it deservedly lost in the 20th century as a result of succumbing to dangerous extremist policies in many areas, including political, social, judicial, economic, military and international matters.

Europe’s “leadership” conceit includes questionable, radical energy policies, particularly in electricity systems, to “de-carbonize” the world with “new” (really ancient) renewables. This futility is wasting resources on a grand scale as is now beginning to be realized (here and here).…

Continue Reading

Energy Transformation and "Moore's Curse": Realism Before Action

By Steven Lightfoot -- November 29, 2012 3 Comments Continue Reading

2Q-2012 Activity Report: MasterResource

By Robert Bradley Jr. -- July 27, 2012 No Comments Continue Reading

1Q–2012 Activity Report: MasterResource

By Robert Bradley Jr. -- April 13, 2012 2 Comments Continue Reading

Tucker's Terrestrialism and the Technology of Modernity

By Jon Boone -- January 24, 2012 4 Comments Continue Reading

MasterResource Turns Three (4Q-2011 Activity Report)

By Robert Bradley Jr. -- December 26, 2011 7 Comments Continue Reading

European Energy Policy: Tramping in the Dark (Andrew MacKillop on the reality of failing public policy)

By Kent Hawkins -- December 23, 2011 7 Comments Continue Reading