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  • Wind power: a core climate solution

    wind-turbines3.jpgWind power is a key climate solution. It is one of the few zero-carbon supply options that can plausibly provide more than one of the 14 or so "wedges" we need to stabilize below 450 ppm of CO2 (see "Is 450 ppm politically possible? Part 2: The Solution"). I plan to go through all of the major solutions this year.

    The stunning new Bush administration report, 20% Wind Energy by 2030 (discussed here), convinced me it was time to write a long piece, which has just been published in Salon. The article -- "Winds of change: The U.S. can greatly boost clean wind power for 2 cents a day. Now all we need is a president who won't blow the chance" -- explains the more than 2,000-year history of wind power, how conservatives cost America the chance to be the world wind leader, and why the global industry is so successful in spite of our government's relative apathy:

  • What we don’t know (but think we do) about oil prices might hurt us

    Predicting the future is hard. It's so difficult that even teams of analysts using fancy models get results like this:

    eia 2007

    This isn't back-of-the-envelope stuff. This is the U.S. Energy Information Administration's official prediction for oil prices, circa 2007. According to the "high price" scenario, oil may reach $100 per barrel some time around 2030. But wait: oil was at $127 last week. So, not only was the EIA projection wrong -- it was wildly and completely wrong.

    Okay, everyone makes mistakes, even energy analysts. In 2008, the EIA cleaned up its act and produced this forecast:

  • The climate crisis cannot be solved without cost-benefit analysis

    Lisa Heinzerling, a Georgetown law professor, has written an essay arguing against the embrace of cost-benefit analysis by environmentalists. She suggests that environmentalists enjoy nature in a very concrete and reverential manner that cannot be captured by economic analysis. I think this is a fairly substantial misinterpretation of the use of cost-benefit analysis. Heinzerling makes […]

  • Saudis/OPEC don’t control the price of oil any more

    With Bush going to Saudi Arabia to beg -- again -- for lower prices, the media is gaga over a confrontation that has about as much significance as a Rocky Balboa fight.

    Even the venerable NYT just published an article, "Bush Rebuffed on Oil Plea in Saudi Arabia," that opens, "With the price of oil hitting record highs, President Bush used a private visit with King Abdullah to make a second attempt to persuade the Saudis to increase oil production and was rejected yet again."

    Unlike the 1970s and 1980s and even much of the 1990s, neither OPEC nor the Saudis any longer control the price of oil.

    If any country had a million barrels a day of (sellable) spare oil capacity, they could make more than $100 million a day selling it, even if that much new oil dropped prices 20%, which it probably wouldn't.

    Who would sit on that kind of money? Yes, the Saudis are selling over 8 million barrels a day, so they don't really need the money. But if they have any significant excess capacity, it is sour or high-sulfur crude (see the other experts on the full CNBC interview here). Such crude is not currently in demand: "Many refineries are not set up to process such crude because it is more difficult and expensive to refine into products."

  • ‘Science’: nitrogen as important as carbon in climate change

    Speaking of the troubles associated with industrial agriculture and its fertilizer regime, check this out: The public does not yet know much about nitrogen, but in many ways it is as big an issue as carbon, and due to the interactions of nitrogen and carbon, makes the challenge of providing food and energy to the […]

  • Five ways BC’s carbon tax shift can strengthen Cap and Trade

    rebar-concrete_istockThe Vancouver Sun gives some ink to a cluster of issues that I've been pondering of late: how BC's carbon tax shift fits with Cap and Trade. I'm famously infatuated with carbon tax shifting. I'm also a zealot for auctioned Cap and Trade.

    The good news is that with careful policy design, Cap and Tax can be better than either Cap or Tax. The Tax toughens the Cap, the way steel rebar strengthens concrete. The bad news is that without careful design, the two could weaken each other.

    The challenge for policy makers is gaming -- firms' aptitude for subverting market rules established with good intentions. Remember how Enron and its ilk manipulated the California electricity market in 2001? The interaction of a carbon tax in British Columbia with a regionwide carbon Cap-and-Trade system in the West could open channels for such profiteering. In the worst case, gaming could both undermine and discredit the policies, risking their political survival. Fortunately, such gaming is preventable, as I'll explain in a moment.

    First, though, the upsides:

  • Subsidies for wind power pale beside subsidies for nuclear

    I long ago swore off the Wall Street Journal's editorial page -- the last straw for me was their cruel swipe at departed "dope fiend" Jerry Garcia back in 1995. But on Monday a friend forwarded me a WSJ editorial whaling away at renewable power's production tax credit:

    Solar energy is subsidized to the tune of $24.34 per megawatt hour, wind $23.37 and ... nuclear power $1.59. Wind and solar have been on the subsidy take for years ...

    Now, they insinuate, it's time to kick wind and solar out of the nest to fly (or not) on their own, just like Uncle Nuke did, decades ago.

    What's up?, my pal asked, knowing that I not only have a thing for wind power but used to be a walking encyclopedia of nuclear power costs. After a quick trip down memory lane, pencil in hand, here's my brief on federal subsidies for windmills and nukes.

    The score (in 2007 dollars):
    • Reactor subsidies, 1950-1990: $154 billion, or $3.75 billion a year.
    • Wind power subsidies, 1983-2007: $3.75 billion 25-year total.

  • Human-caused warming is resulting in a broad range of impacts across the globe

    Nature has published the first article to "formally link observed global changes in physical and biological systems to human-induced climate change, predominantly from increasing greenhouse gases." See news story here and the article, "Attributing physical and biological impacts to anthropogenic climate change" (subs. req'd, abstract below).

    perma-thaw.jpgNASA's discussion of the piece here explains, "human-caused climate change has made an impact on a wide range of Earth's natural systems, including permafrost thawing, plants blooming earlier across Europe, and lakes declining in productivity in Africa." The image at right: "Impacts from warming are evident in satellite images showing that lakes in Siberia disappearing as the permafrost thaws and lake water drains deeper into the ground." The lead author explained:

  • The eternal cycle of liquid coal reincarnation

    Ali Velshi on CNN, Wednesday morning: "What if you could take a lump of coal and turn that in to your gasoline?"

    What if, indeed? A brief (very brief) stroll through the archives...

  • The problems and principles of energy descent

    "How did you get there, Roo?" asked Piglet.

    "On Tigger's back!  And Tiggers can't climb downwards, because their tails get in the way, only upwards, and Tigger forgot about that when we started, and he's only just remembered.  So we've got to stay here for ever and ever -- unless we go higher.  What did you say, Tigger?  Oh, Tigger says if we go higher we shan't be able to see Piglet's house so well, so we're going to stop here."

    -- A.A. Milne, "The House At Pooh Corner"

    My kids were out climbing trees yesterday, supervised by Eric and our visiting friend and my honorary brother, "Uncle" Jesse.  Isaiah really wanted to climb up to a particular spot, but couldn't get there on little four-year-old legs.  Jesse helped him up part of the way, and then told him he had to do it himself or be content with where he could get to.  Jesse observed, "I wanted to give him a boost, but only up to a place he could get back down from himself."

    I was struck by what a useful metaphor and perhaps even principle was embodied in that casual statement.  I was also reminded, perhaps because I've now read Winnie the Pooh to my children approximately 1,000 times, of the classic representation of what happens when you climb up and can't climb down. If you can forgive the cuteness, it does seem apt.

    Let us imagine ourselves climbing up a rather steep and precarious tree, boosted up by fossil energies into a place we simply could never get to without them. The problems we are facing right now all originate in our fundamental inability to voluntarily set limits -- that is, at no point did most of us even recognize the basic necessity of stopping at a point at which we could get down on our own, without our petrocarbon helpers. So right now we look like Tiggers high in the trees -- we can climb up, but we can't climb down. Is the problem our fear or that our tails (our structural addictions to energy) get in the way? It can be hard to tell. But what is not terribly hard to tell is that one way or another, we have to come down -- and probably quite rapidly. The goal is to avoid a painful "thud" upon descent.