Coal

Power generation from coal is falling quickly. According to new figures from the U.S. Energy Information Administration, coal made up 36 percent of U.S. electricity in the first quarter of 2012 -- down from 44.6 percent in the first quarter of 2011. That stunning drop, which represented almost a 20 percent decline in coal generation over the last year, was primarily due to low natural gas prices. As EIA explains, natural gas generation will climb steadily this year, while coal will see a double-digit drop by the end of 2012...

A weekly roundup of peak oil news, including:
-Oil and the global economy
-The EU at a crossroads
-China slowing
-IEA's monthly report
-Quote of the week
-Briefs

In this post, I consider the limited impacts of climate policy on fossil-fuel production and discuss estimates of fossil-fuel production in the long run.

A weekly roundup of peak oil news, including:
-Oil and the global economy
-the Iranian confrontation
-The EU’s spreading crisis
-Quote of the week
-Briefs

In its quest to find new sources of energy, China is increasingly looking to its western provinces. But the nation’s push to develop fossil fuel and alternative sources has so far ignored a basic fact — western China simply lacks the water resources needed to support major new energy development.

Five forces have helped enable long-term economic growth, we are now reaching limits in all of them. Thus, while these factors have tended to create growth in the past, the same factors cannot be relied on to produce growth in the future. In fact, they may lead to a turn around in the not-too-distant future.

Since its beginnings, the sleeper-awakes scenario has been one of the most commonly used frameworks for introducing fictional utopias and dystopias–yet somehow it doesn't feel overdone. The reason, I suspect, is that the sleep is incidental to the story, the true focus being the new world order and how it compares with the old. That's certainly the case with Patricia Frank's Falling Through Time, the story of a woman who travels into the future and takes us on a sort of guided tour of it. Her name is Summer Holbrook, and she's a prominent advertising executive who goes missing while vacationing in Alaska. After suffering a spill down a glacier crevasse, she freezes, falls into suspended animation and is found and rescued by a band of expeditioners in the year 2084.

Out of desperation for the climate, many prominent environmentalists converted to the religion of nuclear (fission) power between 2008-2011. Maybe this is a good time to rethink those deathbed conversions.

Some while back, I found myself sitting next to an accomplished economics professor at a dinner event. Shortly after pleasantries, I said to him, “economic growth cannot continue indefinitely,” just to see where things would go. It was a lively and informative conversation. I was somewhat alarmed by the disconnect between economic theory and physical constraints—not for the first time, but here it was up-close and personal. Though my memory is not keen enough to recount our conversation verbatim, I thought I would at least try to capture the key points and convey the essence of the tennis match—with some entertainment value thrown in.

-Why baseload power is doomed
-For New Generation of Power Plants, a New Emission Rule From the E.P.A.
-Germany’s $263 Billion Renewables Shift Biggest Since War
-Renewables LinkedIn to growth surge
-Japan faces nuclear-free summer, power shortage risks

-Link builds between weather extremes and warming
-Met Office: World warmed even more in last ten years than previously thought when Arctic data added
-EPA Said to Be Close to Limiting U.S. Greenhouse-Gas Emissions
-James Hansen: Why I must speak out about climate change- Ted talk
-Post Carbon Pathways? Necessary. Possible. Urgent - Report

-Juliet Schor on Consumption and the Environment
-What Isn’t for Sale?
-The Deadly Scramble for the World's Last Resources

I thought I'd do a thought experiment. Suppose tomorrow morning a hypothetical university---let's call it T.I.M.---sends out their weekly press release claiming a "revolutionary breakthrough" that will change the way we think about energy. Unlike every other time in the past decade they've made this claim, though, suppose this time it's actually true: they've discovered a way of producing extremely cheap energy---as near to "free energy" as can be imagined.

In this post, I provide...charts showing long-term changes in energy supply, together with some observations regarding implications. One such implication is how economists can be misled by past patterns, if they do not realize that past patterns reflect very different energy growth patterns than we will likely see in the future.