When it comes to power, density is the key. Energy density. The reason that solar power, wind power, and ethanol are so expensive is that they are derived from very diffuse energy sources. It takes a lot of energy collectors such as solar cells, wind turbines, or corn stalks covering many square miles of land to produce the same amount of power that traditional coal, natural gas, or nuclear plants can on just a few acres.
Each of these alternative energy sources is based on mature technology. Agriculture and fermentation have their roots in prehistory, windmills date back at least to 65 B.C., the photovoltaic effect was discovered in 1839. Yet nowhere in the world are these technologies serving as primary energy sources without significant government subsidies. While incremental improvements can be expected, what is needed for them to become viable is an order of magnitude increase in productivity.…
Continue Reading“[The plan] is a sign to the industry that the Obama administration is serious about exploration.”
– Daniel Yergin, chairman, IHS-CERA, quoted in Jennifer Dlouhy, “Offshore Plan Wins Few Raves,” Houston Chronicle, April 1, 2010.
The subtitle to Ms. Dlouhy’s piece was “Environmental groups and GOP are critical, while oil patch is wary.” Pouring over the 300 comments on this article, Chronicle readers know a bait-and-switch and Trojan Horse when they see it (energy-savvy Houston, after all). Maybe some of these same readers fear what I do: a wishy-washy editorial from the Chronicle on how Obama’s drilling plan is a ‘good beginning’ and ‘reasonable compromise’.
Now to Dr. Yergin, the industry expert and author who seemed to have come a long way from Energy Future (1979) to The Commanding Heights (1998).…
Continue Reading“Instead of the fear-baiting warnings that the U.S. is being outspent on renewables [by China], a better question might be: what are we getting for our money?”
– Loren Steffy, “Scrubbing the Data on Clean Energy Investment,” Houston Chronicle, March 27, 2010.
Loren Steffy is the most read and respected voice at the Houston Chronicle on business and related policy issues, the paper’s editorial board notwithstanding. And on energy, he smells a rat with the ‘clean energy’ mantra that comes on high.
Steffy has documented the role of Enron in the government-created Texas wind power boom. He deconstructed the all pain-no gain nature of the House-passed Waxman-Markey cap-and-trade bill before the rest of the country caught on. And most recently, he has called out the non sequitur of a new study, “Who’s Winning the Clean Energy Race,” recently released by the Pew Charitable Trusts via the Pew Environmental Group.…
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