[Ed. note: David Bergeron is president of SunDanzer Development, Inc., a solar energy company located in Tucson. His earlier posts at MasterResource are Free-Market Solar: The Real Opportunity and Economic/Environmental Assessment of Grid-Tiered Photovoltaics: Arizona Lessons for the U.S.]
“The economic case for grid-tied PV is indeed quite hopeless, and the sooner we stop the misguided subsidies the sooner we can focus on actually addressing our legitimate energy and environmental concerns.”
The U.S. Energy Information Administration (EIA) recently published an excellent report on the projected cost of electricity generated by different technologies: coal, natural gas, nuclear, and various others, including renewables.
Levelized Cost of Energy
Their Levelized Cost of Energy (LCOE) calculation combines upfront cost with recurring cost to estimate the average cost of power produced by these technologies. Here is the EIA cost datafor coal, natural gas, and solar PV.…
Continue ReadingThe numbers are in for this year’s summer sea ice extent in the Arctic Ocean. By most measures the ice loss in 2011 came in a close second to the current and still record holder, 2007.
But the failure to set a new record for the least amount of summer Arctic sea ice observed during the satellite era (which begins in 1979) has done little to alter the overall picture of what is going on there. Summer sea ice has been in decline in the Arctic Ocean since, conservatively, the mid-20th century, and it has been picking up steam. And sea ice declines in the Arctic are now pretty clearly discernible in the other seasons as well. (What has been going on around Antarctica is a different story).
But for those who lose sleep at night over the implications of the Arctic sea ice loss to both the local, regional, and global environments, there is a silver lining.…
Continue Reading[Ed. Note: Also see Mr. Vaughn’s previous post: The U.S. EPA’s Regulatory Clean Air Benefit-Cost Estimates (30 free lunches for the price of 1?)]
President Obama’s deferment of the EPA’s latest ozone standards puts on hold annual compliance costs that the Agency estimated at $90 billion by 2020. The Wall Street Journal termed the $90 billion figure an “undoubtedly lowball estimate.” [1]
Undoubtedly, to be sure (more on that in a moment). Even so, it’s news when the EPA ‘fesses up to costs as serious as $90 billion, instead of estimating chump change, such as the $0.8 billion a year estimated for the proposed “Clean Air Transport Rule” (CATR) aimed at utilities.
Getting Into the Numbers
The $0.8 billion estimate has flown under the media’s radar but—in its own way—merits more media attention than the $90 ozone number.…
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