A Free-Market Energy Blog

Mark Mills: Prophet in His Own Time? (Validation of a new era of energy consumption)

By -- May 15, 2009

Is the proliferation of electronic devices in homes and offices causing a net increase or decrease in electricity consumption and greenhouse gas emissions?

This question has been a topic of heated controversy ever since 1999, when technology analyst Mark P. Mills published a study provocatively titled “The Internet Begins with Coal,” and co-authored with Peter Huber a Forbes column titled “Dig more coal – the PCs are coming.”

Others–notably Joe Romm and researchers at the Lawrence Berkeley National Laboratory–argued that the Internet was a minor contributor to electricity demand and potentially a major contributor to energy savings in such areas as supply chain management, telecommuting, and online purchasing.

Mills and Huber argued that digital networks, server farms, chip manufacture, and information technology had become  a new key driver of electricity demand. …

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Cap-and-Trade: The Temple of Enron (James Hansen makes an important political point)

By Robert Bradley Jr. -- May 14, 2009

“Since 1976, Enron [and predecessor company] employees have been at the forefront of developing air credit trading policies for governments and businesses…. Enron today is the largest and most sophisticated air emissions credit and allowance trading organization in the United States. Since 1990, Enron has participated in over 80 SOx allowance transactions and has also been active in establishing policies for trading NOx in the United States and carbon [dioxide] world-wide.”

– “Enron Corp.’s Participation in Air Trading,” Enron Capital & Trade Resources, November 4, 1996 (copy in files).

“If implemented, [the Kyoto Protocol] will do more to promote Enron’s business than will almost any other regulatory initiative…. The endorsement of [CO2] emissions trading was another victory for us…. This agreement will be good for Enron stock!”

– John Palmisano (December 12, 1997) from Kyoto, Japan.

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CO2 Cap-and-Trade Meets the (China) Dragon: Why Legislating Trillions of Dollars in Regulatory Costs Would Be Climatically Inconsequential

By Donald Hertzmark -- May 13, 2009

[Editor’s Note: Projected emissions from China will more than cancel the effects of Waxman-Markey in the year 2050 when the proposed law’s 83% cut in U.S. emissions would be fully imposed. This finding, calculated with the assistance of Chip Knappenberger and the MAGICC model, is part of a wide-ranging analysis below. Discussion, comments, and questions are invited by the author.]

The Waxman-Markey climate bill–characterized as a “648 page cap-and-trade monstrosity” by Al Gore’s mentor, James Hansen–is intended to bring the U.S. into line with Europe and Japan on CO2 policy. But as I have explained previously, the current U.S. policy discouraging new coal and new nuclear capacity will:

  1. Make the U.S. more dependent on energy imports,
  2. Drive up generation costs,
  3. Artificially incite demand for fickle natural gas, and related infrastructure such as LNG regasification facilities, and
  4. Increase reliance on old coal and old nuclear for baseload power, resulting in less efficient, less clean, and less reliable electricity.
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High/Low: Is There Now Reasonable Agreement on the Costs and Benefits of Waxman-Markey?

By Robert Murphy -- May 12, 2009
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“Dirty” Waxman-Markey: How Small Can Small Get?

By Chip Knappenberger -- May 11, 2009
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Special Note to Our Readers (a record number of you)

By Robert Bradley Jr. -- May 9, 2009
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Joseph Romm and Enron: More for the Record

By Robert Bradley Jr. -- May 8, 2009
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Stunningly Trivial Emission Reductions from the Renewable Fuel Standard Program: More MAGICC–this time from EPA

By --
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Climate Impacts of Waxman-Markey (Part II)—Global Sign-Up

By Chip Knappenberger -- May 7, 2009
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Climate Impacts of Waxman-Markey (the IPCC-based arithmetic of no gain)

By Chip Knappenberger -- May 6, 2009
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