Energy Policy

Characterizing the incalculable

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It is simply impossible to assign a clear, calculable probability to any scenario for climate change or future oil supplies. The best we can do is to characterize the incalculable. But, by knowing the range of presumed outcomes, we can start to characterize the effects and therefore gauge the probable severity of any particular outcome.

ODAC Newsletter – Feb 5

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In a busy week for energy policy, UK energy watchdog Ofgem finally acknowledged what has been obvious for years: that liberalized markets cannot deliver energy security in the era of carbon reduction and resource depletion.

A thousand barrels a second by Tertzakian (2007) (review)

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Peter Tertzakian has a double education in geophysics and economics and is “Chief Energy Economist” at a Canadian energy investment company. His book “A Thousand Barrels a Second: The Coming Oil Breakpoint and Challenges facing an energy dependent world” was published in 2007, but was, based on the contents of the book, presumably written up around 2005.

Energy strategies, or the lack thereof – Feb 4

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-How long before the lights go out?
-Peak Oil Theory: implications for Australia’s strategic outlook and the ADF
-The Iraqi Oil Conundrum
-A New Clean Economy — With Old Sources of Energy
-Business as Usual: Hooked on Foreign Oil
-Stop the Green Tech Coup, Military Industry on the Offensive

Biofuel pros and cons – Feb 3

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-Shell stakes green future on sugar biofuel in $2bn Brazil venture
-Obama Set to Outline Biofuels Strategy
-Biofuel requirements for cars may help destroy the rainforest, watchdog says
-Biofuels: the Biggest Supply Response to the 2000s Oil Shock

Economic Growth And Climate Change — No Way Out? (updated)

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Humankind has reached a fork in the road. The business-as-usual path implies robust economic growth with a rise in the carbon dioxide emissions that contribute to anthropogenic climate change…Considered alternatives invariably lay out a vision of the future in which emissions steadily decline while economies continue to grow. Is such a vision realistic? This essay questions standard assumptions underlying this “have your cake and eat it too” view.