Category Archives: economics

Love means nothing, without understanding, and action

Can’t get enough of this video. It may be a corporate, Ørsted promotion, but it is beautiful. And I continue to believe, that, as the original sense of the corporation, or benefit society suggested, contrary to (U.S.) popular progressive belief, … Continue reading

Posted in Aldo Leopold, American Solar Energy Society, American Statistical Association, Ørsted, Bloomberg, Bloomberg New Energy Finance, bridge to somewhere, Canettes Blues Band, climate, climate business, climate economics, corporate citizenship, corporate litigation on damage from fossil fuel emissions, corporate responsibility, corporate supply chains, corporations, destructive economic development, distributed generation, economics, emergent organization, fossil fuel divestment, global warming, green tech, Green Tech Media, Humans have a lot to answer for, Hyper Anthropocene, investing, investment in wind and solar energy, investments, Joseph Schumpeter, liberal climate deniers, reasonableness, Sankey diagram, solar democracy, solar domination, Spaceship Earth, stranded assets, the energy of the people, the green century, the value of financial assets, wind energy, wind power, wishful environmentalism | Leave a comment

The elephant in the room: a case for producer responsibility

This is a guest post by Claire Galkowski, Executive Director, South Shore Recycling Cooperative. With so much focus on the recycling crisis, we tend to overlook the root cause of the problem: The glut of short lived consumer products and … Continue reading

Posted in affordable mass goods, Anthropocene, chemistry, citizenship, civilization, Claire Galkowski, CleanTechnica, climate economics, consumption, corporate citizenship, corporate responsibility, corporate supply chains, demand-side solutions, design science, ecological services, ecology, Ecology Action, economics, environment, ethics, extended producer responsibility, extended supply chains, greenwashing, Hyper Anthropocene, local self reliance, materials science, municipal solid waste, rebound effect, resource producitivity, shop, solid waste management, sustainability, temporal myopia, the green century, the tragedy of our present civilization, tragedy of the horizon, wishful environmentalism | Tagged , , , , | Leave a comment

What gives me hope … And it ain’t the small stuff

AS Arman Oganisian of Stable Markets writes “There are no solutions, only trade-offs.” That is a fundamentally engineering attitude. It is fundamentally about the economics, and, in particular, the dramatic drop in levelized cost of energy for wind and renewables, … Continue reading

Posted in Anthropocene, being carbon dioxide, biology, bridge to somewhere, Carbon Cycle, carbon dioxide, Carbon Worshipers, clean disruption, climate business, climate change, climate disruption, climate economics, climate justice, corporate litigation on damage from fossil fuel emissions, Cult of Carbon, decentralized electric power generation, decentralized energy, destructive economic development, disruption, distributed generation, ecological services, ecology, Ecology Action, economic trade, economics, engineering, environment, fossil fuel divestment, fossil fuels, global warming, Green Tech Media, greenhouse gases, grid defection, Humans have a lot to answer for, Hyper Anthropocene, investing, investment in wind and solar energy, investments, leaving fossil fuels in the ground, local generation, local self reliance, Sankey diagram, smart data, solar democracy, solar domination, solar energy, solar power, Sonnen community, the energy of the people, the green century, the tragedy of our present civilization, the value of financial assets, tragedy of the horizon, wind energy, wind power, wishful environmentalism, zero carbon | Leave a comment

(reblog) Bill Ritter, Jr, Colorado State University: “Market forces are driving a clean energy revolution in the U.S.”

Transforming U.S. energy systems away from coal and toward clean renewable energy was once a vision touted mainly by environmentalists. Now it is shared by market purists. Today, renewable energy resources like wind and solar power are so affordable that … Continue reading

Posted in American Solar Energy Society, Amory Lovins, Bloomberg New Energy Finance, BNEF, bridge to somewhere, Buckminster Fuller, clean disruption, CleanTechnica, decentralized electric power generation, decentralized energy, destructive economic development, economics, EIA, electricity, electricity markets, investment in wind and solar energy, Joseph Schumpeter, Michael Osborne, solar democracy, solar domination, solar energy, solar power, sustainability, the energy of the people, the green century, Tony Seba, wind energy, wind power, zero carbon | Leave a comment

fossil fuels are done

There’s a discussion way off at Energy Institute at Haas about how unfair solar owners are, under current government policies, to electrical customers who do not have PV accessible. It’s irrelevant. Fossil fuels are done, stranded, the walking dead. Boss … Continue reading

Posted in American Solar Energy Society, Amory Lovins, Bloomberg New Energy Finance, clean disruption, CleanTechnica, decentralized electric power generation, decentralized energy, differential equations, economics, efficiency, green tech, Green Tech Media, solar democracy, solar domination, solar energy, solar power, SolarPV.tv, the energy of the people, the green century | 2 Comments

“Eon and RWE just killed the utility as we know it”

The story’s at Bloomberg.

Posted in Bloomberg, Bloomberg New Energy Finance, bridge to somewhere, Buckminster Fuller, business, CleanTechnica, decentralized electric power generation, decentralized energy, demand-side solutions, economics, EIA, electricity, electricity markets, energy utilities, grid defection, investing, investment in wind and solar energy, investments, Joseph Schumpeter, local generation, local self reliance, marginal energy sources, microgrids, nonlinear systems, regulatory capture, risk, Sankey diagram, solar democracy, solar domination, solar power, stranded assets, supply chains, sustainability, the energy of the people, the green century, the value of financial assets, tragedy of the horizon, unreason, utility company death spiral, wind energy, wind power | Leave a comment

M.G.L. 40A §3, next-to-last paragraph

“No zoning ordinance or by-law shall prohibit or unreasonably regulate the installation of solar energy systems or the building of structures that facilitate the collection of solar energy, except where necessary to protect the public health, safety or welfare.” That’s … Continue reading

Posted in Bloomberg New Energy Finance, BNEF, citizenship, CleanTechnica, Commonwealth of Massachusetts, Constitution of the Commonwealth of Massachusetts, decentralized electric power generation, decentralized energy, economics, electricity, energy utilities, grid defection, local generation, local self reliance, Massachusetts, Massachusetts Clean Energy Center, solar democracy, solar domination, solar energy, solar power | Leave a comment

[reblog] David Suzuki: Consumer society no longer serves our needs

From David Suzuki, who I’ve cited here more and more often, from his blog post, Consumer society no longer serves our needs, of 11th January 2018. An excerpt: But where is the indication of our real status — Earthlings — … Continue reading

Posted in Adam Smith, adaptation, affordable mass goods, Anthropocene, climate economics, climate justice, consumption, David Suzuki, ecological services, ecology, Ecology Action, economics, ethics, evidence, science, the right to be and act stupid, the right to know, the value of financial assets, tragedy of the horizon | Leave a comment

wind+storage 2.1 ¢/kWh, solar+storage 3.6 ¢/kWh

Update, 2018-01-16 Vox has a widely acclaimed update to this story. (rubbing hands gleefully) Utility scale bids at Xcel Energy had median prices of 2.1 ¢/kWh for wind-with-storage, and 3.6 ¢/kWh for solar-with-storage. Hat tip to Utility Dive. In U.S. … Continue reading

Posted in American Petroleum Institute, American Solar Energy Society, Amory Lovins, Bloomberg New Energy Finance, BNEF, bridge to somewhere, Buckminster Fuller, Cape Wind, Carbon Worshipers, clean disruption, CleanTechnica, climate economics, corporate litigation on damage from fossil fuel emissions, Cult of Carbon, decentralized electric power generation, decentralized energy, destructive economic development, distributed generation, economics, electrical energy storage, electricity, electricity markets, energy storage, energy utilities, FERC, Green Tech Media, ILSR, investment in wind and solar energy, Joseph Schumpeter, leaving fossil fuels in the ground, local generation, local self reliance, marginal energy sources, Massachusetts Clean Energy Center, microgrids, natural gas, petroleum, pipelines, public utility commissions, PUCs, rate of return regulation, regulatory capture, solar democracy, solar domination, solar energy, solar power, Spaceship Earth, stranded assets, sustainability, the energy of the people, the green century, the value of financial assets, Tony Seba, tragedy of the horizon, wind energy, wind power, zero carbon | Leave a comment

perceptions of likelihood

That’s from this Github repository, maintained by Zoni Nation, having this description. The original data are from a study by Sherman Kent at the U.S. CIA, and is quoted in at least once outside source discussing the problem. In addition … Continue reading

Posted in anti-intellectualism, Bayes, Bayesian, economics, fear uncertainty and doubt, games of chance, reason, risk, secularism, statistics, the right to be and act stupid, the right to know, the tragedy of our present civilization, unreason | Tagged | Leave a comment

Klaus Lackner: brilliant mind with a good idea

Wally Broecker‘s “hat tip” of Lackner’s work:

Posted in Anthropocene, carbon dioxide, clean disruption, clear air capture of carbon dioxide, climate disruption, climate economics, climate justice, economics, emissions, evidence, fossil fuel divestment, global warming, greenhouse gases, Hyper Anthropocene, investment in wind and solar energy, investments, klaus lackner, leaving fossil fuels in the ground, Spaceship Earth, zero carbon | 1 Comment

`Insurance companies should collect a carbon levy`

From Anthony J Webster and Richard H Clarke in Nature, “Insurance companies should collect a carbon levy”: Governments juggle too many interests to drive global action on climate change. But the insurance industry is ideally placed. With annual premiums amounting … Continue reading

Posted in American Statistical Association, Anthropocene, attribution, Bloomberg New Energy Finance, bridge to somewhere, business, capitalism, Carbon Tax, climate business, climate economics, corporate litigation on damage from fossil fuel emissions, corporations, Cult of Carbon, economics, energy levy, finance, fossil fuel divestment, fossil fuels, global warming, Hyper Anthropocene, insurance, investments, Joseph Schumpeter, leaving fossil fuels in the ground, moral leadership, statistics, stranded assets, sustainability, the right to know, the value of financial assets, tragedy of the horizon, transparency, zero carbon | Leave a comment

On the responsibilities of scientists

On 4 September 2017, I added a blog post here titled “On the responsibilities of engineers”. Scientists have responsibilities, too. And I am delighted to say that the National Academies have just demonstrated a proud example of how such responsibilities … Continue reading

Posted in American Association for the Advancement of Science, American Statistical Association, anti-science, attribution, Boston Ethical Society, chemistry, citizenship, compassion, Donald Trump, dump Trump, ecology, Ecology Action, economics, environment, environmental law, Environmental Protection Agency, ethics, evidence, fossil fuels, justice, land use to fight, leaving fossil fuels in the ground, pollution, rationality, reason, reasonableness, risk, science, science denier, secularism, sustainability, the right to be and act stupid, the right to know, the stack of lies, the value of financial assets, tragedy of the horizon | Leave a comment

‘Nuf said: Ensembles as descriptions of Bayesian space-time posterior densities

(UPDATED, 2017-09-09, 12:38 EDT) Click here to see just the latest update. An exercise in the appreciation of ensemble models. By the way, many of these charts were obtained courtesy of my subscription at Weather Underground. They are, as far … Continue reading

Posted in American Meteorological Association, AMETSOC, Anthropocene, atmosphere, coastal communities, economics, ensemble models, environment, flooding, floods, George Monbiot, Green Tea Coalition, hurricanes, Hyper Anthropocene | Leave a comment

Houston, forward

For the purposes of this post, let’s pretend climate disruption does not exist (!). Let’s pretend Hurricane Harvey had no climate component, and that Hurricane Harvey was just another, big storm afflicting the fortunes of the U.S. Gulf coast. The … Continue reading

Posted in adaptation, Anthropocene, bridge to somewhere, climate change, climate disruption, climate economics, coastal communities, Daniel Kahneman, destructive economic development, ecology, economics, environment, FEMA, flooding, floods, fossil fuel infrastructure, global warming, Hyper Anthropocene, Joseph Schumpeter, living shorelines, reworking infrastructure, Robert Young, shorelines | Leave a comment

Amory Lovins, 2008: `Natural Capitalism: The Next Industrial Revolution with Amory Lovins`

An excellent presentation from über successful dropout from Harvard University and Oxford University, Dr Amory Lovins, at University of California at Berkeley:

Posted in Adam Smith, affordable mass goods, American Association for the Advancement of Science, Amory Lovins, Anthropocene, Bloomberg New Energy Finance, bridge to somewhere, capitalism, climate economics, destructive economic development, ecological services, ecology, Ecology Action, economic trade, economics, environment, ILSR, internal inconsistency, Joseph Schumpeter, leaving fossil fuels in the ground, population biology, population dynamics, quantitative biology, resource producitivity, solid waste management, stranded assets, supply chains, sustainability, the green century, the right to know, the tragedy of our present civilization, the value of financial assets, transparency | Leave a comment

On Hoarding Electrons

I was once scolded by an energy wonk and political progressive at a semi-public forum for suggesting people “hoard electrons”. That is, instead of being grid connected, there seemed to me to be situations where becoming as independent of the … Continue reading

Posted in American Solar Energy Society, Amory Lovins, Anthropocene, Bloomberg New Energy Finance, BNEF, bridge to somewhere, clean disruption, CleanTechnica, conservation, Debbie Dooley, decentralized electric power generation, decentralized energy, distributed generation, economics, electrical energy storage, electricity, electricity markets, energy efficiency, energy storage, energy utilities, engineering, Green Tea Coalition, green tech, grid defection, Hermann Scheer, Hyper Anthropocene, ILSR, investment in wind and solar energy, Joseph Schumpeter, Michael Osborne, microgrids, public utility commissions, rate of return regulation, RevoluSun, Sankey diagram, solar democracy, solar domination, solar energy, solar power, Stanford University, SunPower, the energy of the people, the green century, the value of financial assets, Tony Seba, utility company death spiral, wind energy, wind power, zero carbon | Leave a comment

The South Shore Recycling Cooperative can save you money!

Abington, Cohasset, Duxbury, Hanover, Hanson, Hingham, Hull, Kingston, Middleboro, Norwell, Plymouth, Rockland, Scituate, Weymouth, Whitman Join ’em. Ask your town governors on the South Shore to check ’em out. It’s your tax dollars wasted if you don’t. What your town … Continue reading

Posted in Amory Lovins, Anthropocene, argoecology, coastal communities, composting, destructive economic development, ecological services, ecology, economics, environment, environmental law, Equiterre, Hyper Anthropocene, John Farrell, leaving fossil fuels in the ground, local self reliance, oceanography, Our Children's Trust, pollution, recycling, Sankey diagram, sociology, South Shore Recycling Cooperative, stranded assets, sustainability, the green century, UU Needham | Leave a comment

Schroders asset management forecasts global warming of more than +4℃

(Updated Thursday, 27 July 2017) Schroders is a global asset management firm. They very recently issued a warning that current global trends put the planet on track for more than +4℃ warming. The full news brief, from them, is available … Continue reading

Posted in adaptation, Anthropocene, Buckminster Fuller, climate business, climate disruption, climate economics, corporate litigation on damage from fossil fuel emissions, corporate supply chains, disingenuity, dynamical systems, economics, environmental law, forecasting, fossil fuel divestment, fossil fuel infrastructure, global blinding, global warming, Hyper Anthropocene, investing, investments, leaving fossil fuels in the ground, Schroders, sea level rise, Spaceship Earth, sustainability, temporal myopia, the right to be and act stupid, the show, the tragedy of our present civilization, the value of financial assets, tragedy of the horizon, zero carbon | 1 Comment

The Myth of Baseload Power (Amory Lovins)

Posted in Amory Lovins, Anthropocene, Bloomberg New Energy Finance, BNEF, Buckminster Fuller, capitalism, decentralized electric power generation, decentralized energy, design science, distributed generation, economics, energy efficiency, energy reduction, environment, Hermann Scheer, Hyper Anthropocene, ILSR, integrative design, John Farrell, Joseph Schumpeter, leaving fossil fuels in the ground, local generation, local self reliance, microgrids, petroleum, reasonableness, solar democracy, solar domination, solar energy, solar power, Spaceship Earth, sustainability, the energy of the people, the green century, the right to know, utility company death spiral, wind energy, wind power, zero carbon | 1 Comment

“Explosive methane will create two million jobs!”

The American Petroleum Institute has trotted out a commissioned study claiming an increase of two million jobs in 2040 off a base of four million (in 2015). First, these are not people working with development or distribution of natural gas. … Continue reading

Posted in American Petroleum Institute, Anthropocene, being carbon dioxide, Carbon Worshipers, disingenuity, economics, EIA, emissions, explosive methane, false advertising, fossil fuels, gas pipeline leaks, Hyper Anthropocene, methane, natural gas, petroleum, pipelines, the right to be and act stupid, the show, the tragedy of our present civilization, tragedy of the horizon | 1 Comment

Solar Costs at `Jaw-Dropping Lows`; `No Evidence That Changing Power Mix Endangers Electric System Reliability`

From GTM: `Solar Moves in a Curious Direction Since Trump Quit Paris Deal: Up‘ There is “[n]o evidence that the changing power mix endangers electric system reliability”. Two reports: Advancing past baseload to a flexible grid Electricity Markets, Reliability and … Continue reading

Posted in American Solar Energy Society, Anthropocene, Bloomberg, Bloomberg New Energy Finance, BNEF, bridge to somewhere, Buckminster Fuller, clean disruption, climate business, corporate litigation on damage from fossil fuel emissions, decentralized electric power generation, decentralized energy, demand-side solutions, destructive economic development, distributed generation, Donald Trump, economics, electricity markets, engineering, force multiplier, fossil fuel divestment, fossil fuel infrastructure, Green Tech Media, grid defection, Hyper Anthropocene, ILSR, investment in wind and solar energy, Joseph Schumpeter, leaving fossil fuels in the ground, local generation, local self reliance, microgrids, public utility commissions, reasonableness, Sankey diagram, solar democracy, solar domination, solar energy, solar power, Spaceship Earth, stranded assets, sustainability, the energy of the people, the green century, the right to be and act stupid, the value of financial assets, Tony Seba, tragedy of the horizon, utility company death spiral, wind energy, wind power, zero carbon | 5 Comments

Defying technology, trends … nay, defying Mathematics!

The creatures from Trumpland are planning an Energy Week in the upcoming, probably to lead up to the Fourth of July celebrations. Our Orange Leader … will tout surging U.S. exports of oil and natural gas during a week of … Continue reading

Posted in American Petroleum Institute, American Solar Energy Society, Anthropocene, being carbon dioxide, Bloomberg, Bloomberg New Energy Finance, BNEF, bridge to nowhere, bridge to somewhere, carbon dioxide, Carbon Worshipers, clean disruption, climate business, climate economics, corporate litigation on damage from fossil fuel emissions, corporations, destructive economic development, Donald Trump, economics, electricity markets, energy, energy utilities, evidence, explosive methane, exponential growth, extended supply chains, false advertising, FERC, fossil fuel divestment, fossil fuel infrastructure, fossil fuels, fracking, global blinding, greenhouse gases, Humans have a lot to answer for, Hyper Anthropocene, investing, investment in wind and solar energy, investments, Joseph Schumpeter, leaving fossil fuels in the ground, military inferiority, Minsky moment, pipelines, politics, pollution, rights of the inhabitants of the Commonwealth, risk, solar democracy, solar domination, solar energy, solar power, the energy of the people, the green century, the problem of evil, the right to be and act stupid, the stack of lies, the tragedy of our present civilization, the value of financial assets, tragedy of the horizon, United States, utility company death spiral, wind energy, wind power | Leave a comment

Deloitte: The drumbeats for the extinction of utilities have begun

Deloitte Resources 2017 Study — Energy management: Sustainability and progress. From The Economist, 25th February 2017: FROM his office window, Philipp Schröder points out over the Bavarian countryside and issues a Bond villain’s laugh: “In front of you, you can … Continue reading

Posted in Bloomberg, Bloomberg New Energy Finance, BNEF, bridge to somewhere, Buckminster Fuller, clean disruption, CleanTechnica, decentralized electric power generation, decentralized energy, destructive economic development, disruption, distributed generation, economics, EIA, electrical energy storage, energy utilities, engineering, finance, fossil fuel divestment, green tech, grid defection, investment in wind and solar energy, John Farrell, Joseph Schumpeter, leaving fossil fuels in the ground, local generation, local self reliance, Mark Jacobson, Massachusetts Clean Energy Center, microgrids, public utility commissions, PUCs, rate of return regulation, reason, reasonableness, solar democracy, solar domination, solar energy, solar power, Techno Utopias, the energy of the people, the green century, the value of financial assets, Tony Seba, wind energy, wind power, zero carbon | 1 Comment

GForce Waste Sorters!

Waste management at the Boston Red Sox. Check out their Wide World of Waste.

Posted in ecology, Ecology Action, economics, materials science, recycling, resiliency, solid waste management, sustainability | Leave a comment

Akamai Technologies invests in Texas wind farm

Akamai (NASDAQ: AKAM) said it is making a 20-year investment in the planned Seymour Hills Wind Farm, which will be based outside of Dallas and is expected to begin operating next year. The project is being developed by Infinity Renewables, … Continue reading

Posted in Akamai Technologies, American Solar Energy Society, Anthropocene, Bloomberg, Bloomberg New Energy Finance, BNEF, bridge to somewhere, Buckminster Fuller, business, clean disruption, climate business, climate change, climate disruption, climate economics, coastal communities, corporations, decentralized electric power generation, decentralized energy, destructive economic development, ecology, economics, efficiency, electricity, electricity markets, global warming, green tech, Hyper Anthropocene, investing, investment in wind and solar energy, the energy of the people, the green century, wind energy, wind power, zero carbon | Leave a comment

“The [transport-as-a-service] disruption will crater the value chain of the oil industry” (RethinkX)

… By 2030, the report predicts that oil demand will drop to 70 million barrels per day. The resulting collapse in prices will be catastrophic for the industry, and these effects are likely to be felt as early as 2021. … Continue reading

Posted in American Petroleum Institute, Bloomberg New Energy Finance, BNEF, bridge to somewhere, Buckminster Fuller, capitalism, clean disruption, CleanTechnica, climate business, decentralized energy, destructive economic development, economics, efficiency, fossil fuel divestment, green tech, ILSR, investments, John Farrell, leaving fossil fuels in the ground, local self reliance, making money, Mark Jacobson, Massachusetts Clean Energy Center, public transport, public utility commissions, rationality, reason, stranded assets, sustainability, the energy of the people, the green century, the value of financial assets, Tony Seba, zero carbon | Leave a comment

What I’m reading …

C. E. Rasmussen, C. K. I. Williams, Gaussian Processes for Machine Learning, MIT Press, 2006. J. Leskovec, A. Rajaraman, J. D. Ullman, Mining of Massive Datasets, 2nd edition, 2016. J. Schaeffer, Real Goods Solar Living Sourcebook, 14th edition, New Society … Continue reading

Posted in American Association for the Advancement of Science, American Statistical Association, ecology, economics, environment, ethics, evidence, humanism, Hyper Anthropocene, indigenous peoples, science, science education | Leave a comment

Greenwashing

Painted signage on the side of a delivery truck parked outside a neighbor’s home deliverying oil made me curious about this, so I checked out their Web site. Here is what I found: (To see larger figure, click on image … Continue reading

Posted in Anthropocene, being carbon dioxide, biofuels, bridge to nowhere, carbon dioxide, clean disruption, CleanTechnica, climate business, climate change, climate disruption, climate economics, economics, energy, environment, false advertising, fossil fuels, global warming, greenhouse gases, greenwashing, Hyper Anthropocene, regulatory capture, rhetoric, sociology, supply chains, the tragedy of our present civilization | Leave a comment

A letter to 45

I received a link to this letter regarding the 27th January 2017 White House Executive Order on visas and immigration from the American Meteorological Society. I am also a member of the American Statistical Association, the Ecological Society of America, … Continue reading

Posted in Adam Smith, American Association for the Advancement of Science, American Meteorological Association, American Statistical Association, AMETSOC, citizenship, compassion, criminal justice, Donald Trump, economics, education, evidence, fear uncertainty and doubt, free flow of labor, Joseph Schumpeter, politics, the value of financial assets | Leave a comment