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Progressive Energy vs. "Renewable" Energy

By <a class="post-author" href="/about#aepstein">Alex Epstein</a> -- April 27, 2012

“Renewable energy” has two fundamental conceptual flaws. It’s not really renewable, and it’s not really energy.

What is “Renewable”?

“Renewable” in most definitions approximates to something like “naturally replenished” and it often contrasted with allegedly inferior, “finite” sources. It brings to mind the image of a pizza where a slice, once eaten, magically reappears.

There is no such phenomenon in nature, though. Everything is finite. The sun and the photons and wind currents it generates are not infinite; they are just all part of a very large nuclear fusion reaction. True, that nuclear fusion reaction will last billions of years, but so will the staggering amounts of untapped energy stored in every atom of our “finite” planet.

To obsess about whether a given potential energy source will last hundreds of years or billions of years is to neglect the key issue that matters to human life here and now: whether it can actually provide the usable energy that will maximize the quantity and quality of human life.…

How Capitalism Makes Catastrophes Non-Catastrophic (Key data point for energy/climate debate)

By <a class="post-author" href="/about#aepstein">Alex Epstein</a> -- February 10, 2012

One of the greatest and most unheralded successes of industrial capitalism is making our climate eminently livable.

The mass-production of sturdy, weather-proof buildings … the universal availability of heating and air conditioning … the ability to flee the most vicious storms through modern transportation … the protection from drought through modern irrigation … the protection from disease through modern sanitation–all of these have led to a 99 percent reduction in the number of climate-related deaths over the last century.

Given how obsessed America is about climate change (or some intellectuals/politicians want us to be), these facts should be well-known and incorporated into every discussion of industrial policy. Those who claim to care about a livable climate for the future should strive to understand the mechanisms by which industrial capitalism has already created the most livable climate in history.

A Tale of Three Pipelines (Part II: Remembering Nixon's Trans-Alaska Pipeline Delay)

By <a class="post-author" href="/about#aepstein">Alex Epstein</a> -- December 22, 2011
In yesterday’s post, I discussed how the (near-) universal protection of property rights made possible “industry at the speed of thought” in the 19th century. Unfortunately, in the 20th century, property rights became gradually and then completely subordinate to a supposedly “higher” concern: government’s protection of “the environment.”
 
Now, if the human environment is one’s concern, then the way to protect it is through private property rights. Property rights enable each individual to optimize his own environment, developing and preserving as best promotes his well-being. Twentieth- and twenty-first century concern with “the environment” amounted to placing the non-human environment–untouched nature–over property rights and the human environment.
 
Instead of “industry at the speed of thought,” we have “industry at the speed allowed by environmentalists.” And as the story of the Trans Alaskan Pipeline delay in the 1970s illustrates, that can be a deadly slow speed.

A Tale of Three Pipelines (Part I: Remembering Tide-Water Pipe Line)

By <a class="post-author" href="/about#aepstein">Alex Epstein</a> -- December 21, 2011

Energy Externality Pseudoscience: Unmasking Krugman's Argument Against Fossil Fuels

By <a class="post-author" href="/about#aepstein">Alex Epstein</a> -- November 15, 2011

Debating Greenpeace on "Green Energy"

By <a class="post-author" href="/about#aepstein">Alex Epstein</a> -- October 25, 2011

Go Industrial, Not 'Green' (Part II)

By <a class="post-author" href="/about#aepstein">Alex Epstein</a> -- September 24, 2011

Go Industrial, Not 'Green' (Part I)

By <a class="post-author" href="/about#aepstein">Alex Epstein</a> -- September 23, 2011

Capitalism Vindicated: The Real History of Standard Oil (Part V: Lessons)

By <a class="post-author" href="/about#aepstein">Alex Epstein</a> -- September 2, 2011

The Real History of the Standard Oil Company (Part IV: Pioneering in Big Business)

By <a class="post-author" href="/about#aepstein">Alex Epstein</a> -- September 1, 2011