Distributed Generation? Try Distributed Storage
One of the hot topics in renewable energy is "distributed generation." If every home and business would install some solar panels or small wind turbines to generate their own electricity, then any excess electricity could be sold back to the grid. Build e...
Pollution Economics 101
The oil industry is attacking the proposed climate change legislation that has passed the House and is on its way to the Senate. Here is a summary of the arguments from the American Petroleum Institute:
"The House climate change bill will increase ...
Of Energy Dreamers Past and Present
Rich Karlgaard, the publisher of Forbes magazine, writes a column in every issue called "Digital Rules." He is a very smart guy and, usually at least, very innovative and forward thinking.
I say "usually" because he just missed the boat in his latest b...
Wind Energy and Political Grandstanding
Plans to build a $1.5 Billion wind energy project in Texas got some unwanted publicity this week when grandstanding politicians issued press releases and open letters urging the Department of Energy to reject any applications for clean energy tax credits ...
More Important Than Copenhagen
Four months ago, I predicted that, "Those looking for simple solutions to climate change will be very disappointed by the absence of firm emission reduction targets in Copenhagen later this year. . . . But at the same time, [the US and China] will pursue ...
When Big Oil Buys the Gas Company
Earlier this week ExxonMobil, the world's largest publicly traded oil and gas producer, announced that it had agreed to buy XTO Energy, the second-largest producer of natural gas in the US. ExxonMobil will acquire XTO for stock valued at $31 billion, maki...