Energy Policy

Midday with Dan Rodricks : Power Ahead Consumption & Sustainability

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Midday begins a week of daily programming devoted to one of the most urgent matters facing people of Maryland, the United States and planet Earth — our energy problems and solutions. The week begins with a look at energy consumption and sustainability. Our guests include Alan Knuckman, Agora Financial’s broad-market analyst, Malcolm Woolf, director, Maryland Energy Administration and Laura Schaefer, Associate Professor, Department of Mechanical Engineering and Materials Science, Center for Energy, University of Pittsburgh.

Energy prices and US recessions

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For all the recessions from 1973 on, energy prices were rising either before or immediately at the onset of the recession, and in every case they “broke” in some sense before the recession was over – either declining, or at least sharply slowing in growth. The paradigm case is 1973 where energy prices were rising steadily and then a huge oil shock coincides with the start of the recession, which only ends after prices have stabilized.

The peak oil crisis: peak oil elasticity

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Most of us can recall from Economics 101 the concept of elasticity of price demand which says that in most cases as the price of something goes up, the demand for the product or service goes down. Studying the elasticity of gasoline prices has been very popular recently and that in the last 20 years there have been well over 100 papers written on the elasticity of gasoline prices.

The general conclusion of these efforts is that gasoline demand in motorized societies such as the U.S. falls slowly. In the very short run, motorists have no choice but to spend whatever it costs to keep their automobiles and trucks running for their livelihoods depend on it.

Japan should look to satoyama and satoumi for inspiration

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The practices of satoyama and satoumi refer to traditional Japanese land-management methods in inland (satoyama) and coastal (satoumi) areas. The concepts, which comprise not just agricultural techniques but entire socio-ecological systems, have provided in the past for sustainable, high-biodiversity areas that produce a range of “ecosystem services” — from timber, rice and fish to energy (biomass and hydropower for instance) and tourism. Although not quantifiable in purely economic terms, the concepts have provided residents and visitors with significant cultural and social benefits.

Top 5 myths about subsidies to oil companies

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Can the president who killed Osama bin Laden now stand up to Big Oil? Encouraged by comments made by House Speaker John Boehner that subsidies for oil and gas companies should be on the table, Democrats have revived their stalled effort to cut billions per year in taxpayer handouts to the largest oil and gas companies. But the oil lobby is not going gently into that good night.

Critical comments on The Energy Report by WWF and Ecofys – TEMPORARY

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The Energy Report does not provide a satisfactory analysis of the issue. It fails to defend assumptions adequately and it omits discussion of crucial issues. To put it mildly, its general conclusion is not established at all persuasively. More importantly, the Report appears to provide yet more proof that renewables can save energy-intensive and growth obsessed societies. It therefore helps to ensure that thought will not be given to the possibility that sustainability cannot be achieved unless there is dramatic reduction in levels of production, consumption, affluence and GDP, and therefore unless there is extremely radical social change, including the abandonment of growth economies.

Complaining about mosquito bites while a crocodile bites our leg

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I am not an oil industry apologist, but recognize that I live in an oil-centric world, own a car, enjoy air travel and partake in the daily smorgasbord of food, services, and novelty made possible in the cheap energy age. To me, given the problems our country and government face, blaming Exxon for high gasoline prices and excessive tax subsidies is akin to complaining about a mosquito bite on your arm when a crocodile has your leg in its mouth.

The ghost of ASPO-9: climate change

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The first morning of the 9th ASPO conference in Brussels had a good presentation of what we know today about climate change. But the IPCC vision is not the same as that of ASPO and the contrast flared during the panel discussion, when Kjell Aleklett, president of ASPO, accused van Ypersele and IPCC of following a “business as usual” approach. Having neglected peak oil (and peak fuels) in their scenarios, Aleklett said, the IPCC was presenting unrealistic and excessively pessimistic predictions of global warming.