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The Great U.S. Energy Transformation…
U.S. Energy Transformation…
This is a wide-ranging topic, in fact people write books on it. So I’ll give you just a bit of my thinking. Looking forward, the U.S. and the West simply have to buckle down and decide that it’s time to transform the energy systems of the world. We have to move away from burning scarce, expensive and often dirty carbon to using something else.
But burning carbon (coal, oil and natural gas) is what provides 87% of the U.S.’ total energy supply. Nuclear, by the way, is another 10% of total energy. Renewable energy sources are less than 3%…
17Jul2008 | Energy and Oil | Comments Off | ContinuedCreating Feds Like It’s 1913
I received an email from a Washington, D.C. advocacy group urging me to urge my U.S. Senators to “support the Climate Security Act.†Climate security? This is legislation to set up emissions trading or a “Cap & Trade†system for carbon-based energy supplies.
Basically, the government sets up a national limit for carbon emissions. This is meant to slow the changes that are supposedly occurring to the atmosphere, and by implication threatening the long-term health of the earth’s climate systems.
Under the national Cap & Trade limits, industry has to obtain rights to emit carbon dioxide (CO2) or find another source for…
20Jun2008 | The Penny Sleuth | Comments Off | Continued“WE NEED TO TALK”
There is a looming problem for the renewable energy business. It affects the geothermal producers. As the expression goes, “We need to talk.”
I have argued over and over that in an energy-short future, geothermal power will play a key role in meeting power needs. Geothermal systems are well-known technology, at least to people who follow the technology. And some geothermal fields have been making power for many decades. So there’s a real track record for geothermal, unlike for many other alleged technological “solutions” to the energy problems of our time.
Geothermal offers some unique benefits. It is “clean,” emitting essentially no…
11Jun2008 | Daily Reckoning | Comments Off | Continued
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