Search Results for: "shale gas"
Relevance | Date‘Peak Oil’ Over, Economists Study Climate Policy Costs
By Robert Michaels -- February 17, 2016 4 Comments“In a 2014 ‘EV Everywhere Grand Challenge’ study, the US Department of Energy finds that the current battery cost is $325 per kWh. At a battery cost of $325 per kWh, the price of oil would need to exceed $350 per barrel before the electric vehicle was cheaper to operate.”
– Covert, Greenstone, and Knittel. “Will We Ever Stop Using Fossil Fuels?” Journal of Economic Perspectives (30(1), 2016): p. 132.
In the marketplace for ideas, economists are always selling. We see a situation that everyone knows is imperfect, point out the exorbitant costs and likely mistakes on the road to Nirvana, assure our audience that in any case the market can likely manage things better than government. And we hope someone accepts our research and clients retain our consulting services.…
Continue ReadingRFF: Going Malthusian in the 1970s (precursor to climate alarmism)
By Robert Bradley Jr. -- January 26, 2016 6 Comments“A review of energy developments in 1976, published in RFF’s Resources magazine (Jan–March 1977, p. 3) reached a Hotelling-like conclusion: ‘Nonrenewable and exhaustible fuels supply most of our needs now,’ the staff article stated, ‘but they will be increasingly expensive to obtain and use, until, around some distant corner, they will be replaced’.”
In its first half century, RFF’s central message has gone from energy optimism to energy pessimism, complete with an embrace of major government intervention in energy markets. The transformation began in the 1970s with a fixity/depletion view of mineral resources, which spawned conservationism (less energy usage for its own sake, with a government role).
And when the energy-short 1970s turned into the energy surplus of the 1980s, RFF’s angst shifted to issues surrounding a human influence on global climate, primarily from carbon dioxide (CO2) emissions from the burning of coal, oil, and natural gas.…
Continue ReadingAWED Energy & Environmental Newsletter: August 24, 2015
By John Droz, Jr. -- August 24, 2015 2 CommentsThe Alliance for Wise Energy Decisions (AWED) is an informal coalition of individuals and organizations interested in improving national, state, and local energy and environmental policies. Our premise is that technical matters like these should be addressed by using Real Science (please consult WiseEnergy.org for more information).
A key element of AWED’s efforts is public education. Towards that end, every three weeks we put together a newsletter to balance what is found in the mainstream media about energy and the environment. We appreciate MasterResource for their assistance in publishing this information.
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Some of the most informative articles in this issue are:
Wind Energy Property Value Studies Summarized
Infrasound & Low Frequency Noise Can be Deadly
Favorable Court Ruling on 30-Year Eagle-Take Permits
30 Million Birds Annually Killed by Wind Turbines
Renewables drain our resources
Renewables Offer No Bang for Your Megawatt
Global Warming Alarmists Run Into Brick Wall Of Facts
Keeping it simple: the value of an irreducibly simple climate model
There are two debates about ‘climate change’
State Legislator’s Exceptional Letter on Global Warming
IPCC Sea Level Rise Projections Exaggerated
Note also there is a special section of several articles about the US EPA energy plan (like this)
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Greed Energy Economics
Wind Energy Property Value Studies Summarized
Green Mythology and the High Price of Electricity
How Climate Policies Affect Lower-Income Residents
California “green energy” measure fails to create green jobs
Stop the Money to Kill the Climate Treaty
The Heavy Price of Renewable Energy in NC
Electricity Supply – Driven by Politics at the Customers’ Expense?…
Continue ReadingRefrack Resourceship: Why the Carbon-based Energy Era Is Still Young
By Robert Bradley Jr. -- August 17, 2015 2 Comments“[T]hough the oil-market crash has put the nation’s energy boom on hold, some oil-technology companies are pursuing what they say will be a second American shale revolution … That belief lies partially in re-fracking — giving oil shale deposits a second blast of water, chemicals and sand — to get more oil out of depleted or underperforming wells. The process could be up to two-thirds cheaper than drilling a new well….”
– Collin Eaton, “Oil Firms Promise New Life for Shale,” Houston Chronicle, August 16, 2015.
The fossil-fuel era is new–and in all likelihood still young. In fact, compared to renewables, natural gas, coal and oil are the real ‘infant industries.’ Remember, for most of the last thousand years, and all of the time earlier, renewable energy (primitive biomass, falling water, wind, solar) held a virtual 100 percent market share; carbon-based energies have dominated only since the onset of the Industrial Revolution.…
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