A Free-Market Energy Blog

Solar is Not An Infant Industry (Part II: Twentieth Century)

By Robert Bradley Jr. -- March 22, 2012

“The range of energy possibilities grouped under the heading ‘solar’ could meet one-fifth of U.S. energy needs within two decades.”

– Robert Stobaugh and Daniel Yergin, “The End of Easy Oil,” in Stobaugh and Yergin, eds., Energy Future, Report of the Energy Project of the Harvard Business School (New York: Random House, 1979), p. 12.

”I think … the consensus … is after the year 2000, somewhere between 10 and 20 percent of our energy could come from solar technologies, quite easily.”

  – Scott Sklar, Solar Energy Industries Association (1987).

“Before maybe the end of this decade, I see wind and solar being cost-competitive without subsidy with new fossil fuel.”

– DOE Secretary Stephan Chu, Address to Pew Charitable Trusts, March 23, 2011.

Yesterday’s Part I on the long history of solar power ended with two quotations from energy historian Wilson Clark in his 1974 book, Energy for Survival: The Alternative to Extinction:

“In 1908, [Frank] Shuman formed the Sun Power Company and convinced English financiers to back his efforts to build larger plants using the flat-plate collectors.

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Solar is Not an Infant Industry (Part I–Pre-Twentieth Century)

By Robert Bradley Jr. -- March 21, 2012

“Not satisfied with such direct benefits as he derives from sunshine, man has developed numerous ways of utilizing solar radiation indirectly and of appropriating energies other than his own.”

    – Erich Zimmermann, World Resources and Industry (Harper & Brothers, 1933), p. 43.

“Although much interest in the scientific community has been focused on solar energy at various times in history, widespread development of solar power equipment has never been achieved—primarily because of the high cost of developing solar power compared to that of technologies utilizing cheap fossil fuels.”

     – Wilson Clark, Energy for Survival: The Alternative to Extinction (Garden City, NY: Anchor Books, 1974), p. 379.

Solar electricity has a long history, not unlike its cousin windpower. The infant industry argument does not apply, and solar’s diluteness and intermittency suggest that this off-grid starter energy will not be an on-grid resource this century if not far beyond.…

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U.S. Has 60+ Times the Oil Reserves Claimed by Obama

By E. Calvin Beisner -- March 20, 2012

“With only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices,” President Barack Obama said in his weekly address March 10. “Not when we consume 20% of the world’s oil.”

The claim is, if not blatantly false, at best grossly misleading. If the President didn’t know this, some advisors should be dismissed. If he did, he needs to accept the blame and formally correct it.

As Investors Business Daily explained,

… the figure Obama uses—proved oil reserves—vastly undercounts how much oil the U.S. actually contains. In fact, far from being oil-poor, the country is awash in vast quantities—enough to meet all the country’s oil needs for hundreds of years.

The U.S. has 22.3 billion barrels of proved reserves, a little less than 2% of the entire world’s proved reserves, according to the Energy Information Administration.

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Lower Climate Sensitivity Estimates: New Good News

By Chip Knappenberger -- March 19, 2012
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What the “Skeptics” of Climate Catastrophe are Skeptical Of: Nordhaus Reconsidered

By Eric Dennis -- March 16, 2012
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Minerals Boom in Saskatchewan (Expansion, not depletion, from new capital and the ‘ultimate resource’)

By Eric Anderson -- March 15, 2012
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Joint Letter in Opposition to Special Tax Treatment for Natural Gas Vehicles (time for free-market, fuel-neutral energy policy)

By Robert Bradley Jr. -- March 14, 2012
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Joint Letter Opposing Extending the Production Tax Credits and 1603 Treasury Grant Program (time for free-market, fuel-neutral energy policy)

By Robert Bradley Jr. -- March 13, 2012
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Energy Misdirection: Revisiting Obama's U. of Miami Speech

By James Rust -- March 12, 2012
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PERC: Free Market Environmentalism in Action

By Reed Watson -- March 9, 2012
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