Category Archives: the value of financial assets
“The financial crash and the climate crisis” (The New Yorker Radio Hour)
A great podcast episode. Check out the thoughts of the late Professor Martin Weitzman as well, in “The man who got economists to take climate nightmares seriously“.
The state of the science: “Heißzeit” … where we are heading.
If you do not change direction, you may end up where you are heading. ― Lao Tzu Professor Johan Rockström, again. Yeah, and that makes me feel, this way … (Ricardo Maranhão with Indiara Sfair) (Indiara Sfair and Joe Flip) … Continue reading
CBRA is awesome!
Hat tip to Professor Rob Young and Audubon for a great newsfilm.
“Climate Science for Climate Activists” is a wrap
The class “Climate Science for Climate Activists” I have taught for the last 6 or so weeks is now completed. The slides are available here.
Solar plus storage is now cheaper than any non-solar electrical power
More details. And, from that Lefty Socialist rag, Forbes.
“Strong First Quarter Growth and Fracked Gas Takes a Hit”
(To see a larger figure, click on image to open it in a new browser window. This is from ILSR‘s “Of New Power Generation, How Much is on the Roof? Quarterly Update — 2019 Q1“.) It was once warned, and … Continue reading
It’s hot (in Spain, France, Germany, Italy)
Update, 2019-06-30 Wonderful graphics and discussion in this blog post by Ian Livingston and Jason Samenow of The Washington Post. For Thursday, 27th June 2019. France (Marseille): 97F Germany (Fushstal): 88F Italy (Caserta): 94F Spain: (Sabadell): 87F From AFP, “Mercury … Continue reading
Earth Day 2019: So how do people transition to the new energy economy?
I’ve been pretty hard on the Green New Deal. That’s partly because its proponents don’t seem to see that a transition to a new zero Carbon energy economy is inevitable. It’s opponents don’t see that either. It may not come … Continue reading
So, y’say you want a Green New Deal …
There isn’t a lot known about the Green New Deal or “GND”. Its proponents are certainly making the rounds, but it is light on specifics, heavy on urgency, heavily coupled with advancing jobs and justice, racial, climate, and environmental. As … Continue reading
Still a climate hawk, and appreciate all my climate friends: To the climate deniers, the greenwashers, the liberal environmental opportunists, and the environmental purists who will never compromise …
“Not ready to make nice” (Dixie Chicks) I stick by my friends in these hard times: Tamino’s community The Azimuth Project Woods Hole Oceanographic Institution The American Statistical Association The International Society for Bayesian Analysis Losing Earth: The decade we … Continue reading
Result of our own fiddling: Bob Watson and climate risk
https://sms.cam.ac.uk/media/746045 Professor Bob Watson, University of East Anglia, presents the summary risk, climate change: The question is not whether the Earth’s climate will change in response to human activities, but when, where and by how much. Human activities are changing … Continue reading
Welcome to snowy New England … Bad place for solar PV, right?
And this is ISO-NE, who, as little as three years back were highly sceptical anything other than additional natural gas generation could supply the ever increasing electrical power needs of the region, particularly with the withdrawal of generation from oil, … Continue reading
One of the happiest two hours I’ve spent in months: A Professor Tony Seba update
From end of 2018: from alianza FiiDEMAC. And, indeed, it was one of the most uplifting two hours I’ve recently spent. I have long been an admirer of Professor Tony Seba. I have read his books. This was an update … Continue reading
A lagomorph has an idea which might save the world
Eli, who offers a clever and consistent consumption-based accounting scheme. Consumption-based Carbon accounting: Does it have a future? Consumption-based accounting of CO2 emissions
“Renewables are set to penetrate the global energy system more quickly than any fuel in history” (BP, 2019 Energy Outlook)
Selections from BP Energy Outlook: 2019 edition: In the ET scenario, the costs of wind and solar power continue to decline significantly, broadly in line with their past learning curves. To give a sense of the importance of technology gains … Continue reading
Wake up, Massachusetts! Especially, Green Massachusetts!
I’ve been looking over the set of bills proposed for the current Massachusetts legislative session. There are more of them, all dealing with aspects of greening energy supply and transport. And Governor Baker’s S.10 is very welcome. (By the way, … Continue reading
“… [N]ew renewable energy capacity could quadruple that of fossil fuels over next three years”
This is utility-scale capacity only. See the footnote from the original post repeated at the bottom. Also, given uncertainties related to federal data availability at federal Web sites during the partial federal shutdown, I have copied the cited report and … Continue reading
On plastic bag bans, and the failure to realize economic growth cannot be green
(Updated 2019-01-12.) Despite the surge of interest in plastic bag bans, the environmental sustainability numbers haven’t been run. For example, it makes no sense to trade using paper bags instead of plastic ones, even if the paper is recycled, because … Continue reading
Oil and Gas
What the head of the American Petroleum Institute, Frank Ikard, said in 1965.
What will happen to fossil fuel-fired electric bills everywhere, eventually, including those fired by natural gas
See Cost of Coal: Electric Bills Skyrocket in Appalachia as Region’s Economy Collapses, by James Bruggers at Inside Climate News. Excerpt: The common denominator is American Electric Power, one of the nation’s largest utilities. It owns Kentucky Power, along with … Continue reading
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
big generation day … first complete with WSS II online
Our additional 3.45 kW solar PV is up and generating today, collecting substantial numbers of photons (500 kWh) by 0800 ET. (Click on figure to see a larger image and use browser Back Button to return to blog.) (Click on … Continue reading
+10 PV panels! Now at 13.45 kW nameplate capacity
In addition to our 10.0 kW PV generation, we just added an additional 3.45 kW, via 10 additional SunPower X21-345 panels. The new panels are tied to a separate SolarEdge inverter, an SE3800H-US. (The older inverter is an SE10000A-US. The … Continue reading
`On Records`
This is a reblog from Eli Rabett, one of the post “On Records”, with additional comments and material from the author-moderator of this blog, 667-per-cm.net: A distinguishing mark of a new record in a time series is that it exceeds … Continue reading
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
LLNL Sankey diagram of U.S. national energy flows in 2017: What’s possible, what’s not, and who’s responsible
(Updated, 2018-05-02. See below.) I love Sankey diagrams, and have written about them with respect to influence of Big Oil on U.S. climate policy, and in connection with what it takes to power a light bulb, providing a Sankey-based explanation … Continue reading
storage
And, an aside on PV,
Sea-level report cards, contingency upon model character, and ensemble methods
Done by the Virginia Institute of Marine Science, new sea-level report cards offer a look at current sea-level rise rates, and projections. What’s interesting to me is making the projections conditional upon the character of the model used to project. … Continue reading
“Eon and RWE just killed the utility as we know it”
The story’s at Bloomberg.