Fri, 30 May 2008 ![]() There may be no aspect of the Green Energy War more in need of an
honest scorekeeper than the question of what to expect from nuclear
power. This month's appraisal
from the Congressional Budget Office provides significant insight into
how the legislative branch's official bean counters see it. Direct download: CBO_Nuclear_Report_Pt._4_--_EPActs_Limited_Role.mp3 Category: podcasts -- posted at: 6:44 PM Comments[0] |
Wed, 28 May 2008 Although it contains a remarkable blind spot regarding financial risks stemming from construction schedule slippages, this month's major nuclear assessment
from the Congressional Budget Office is appropriately sober about the
magnitude of risks attributable to construction cost overruns. If
construction costs average as high as they did in the 1970s and 1980s,
CBO concludes that CO2 charges will have to exceed $80 per metric ton
for new nuclear plants to be cost competitive.Direct download: CBO_Nuclear_Report_Pt._3_--_Mitigating_Factors.mp3 Category: podcasts -- posted at: 8:26 PM Comments[0] |
Mon, 26 May 2008 ![]() The notable assessment of the future role of nuclear power, published this month by the Congressional Budget Office, derives significance less from its breadth or depth than from the insight it provides into the thinking of Congress' official fiscal scorekeeper. The report, assembled at the direction of revered nuclear champion Senator Pete Domenici, casts a wary (though bleary) eye at construction cost risk. Direct download: CBO_Nuclear_Report_Pt._2_--_Construction_Cost_Peril.mp3 Category: podcasts -- posted at: 1:08 PM Comments[0] |
Mon, 26 May 2008 ![]() As the debate over the future role of nuclear power in the Green Energy War continues to sharpen, the US Congressional Budget Office released a seminal text this month. The report succinctly describes the financial incentives in the Energy Policy Act of 2005 (EPAct) for third-generation nuclear technology, and projects levelized costs for the small number of plants expected to benefit. The study was commissioned by the patron saint of modern US nuclear promotion, New Mexico Senator Pete Domenici. Direct download: How_Big_a_Nuclear_Renaissance_Did_We_Buy.mp3 Category: podcasts -- posted at: 1:02 PM Comments[0] |
Thu, 22 May 2008 In the rear view mirror that seems to guide the US federal government's energy price forecasting, this week's revision
to the Energy Information Administration's official "Short-Term Energy
Outlook" looks unavoidable. The bigger question, exactly when the view
forward through the windshield bug splatter of flawed assumptions will
change, is less clear.Direct download: New_EIA_Oil_Price_Forecast_--_Oops_We_Did_It_Again.mp3 Category: podcasts -- posted at: 5:21 PM Comments[0] |
Thu, 22 May 2008 Ask any Green Energy Warrior what it will take to win the war, and
the answer is likely to be "technological transformation." The feed-in
tariffs in Europe and the renewable portfolio standards in the US focus
on independent generators to prompt this change, implicitly believing
the existing utility industry is too set in its ways to adapt quickly
enough.Direct download: Will_Edisons_Solar_Play_Trigger_a_Feed-In_Tariff.mp3 Category: podcasts -- posted at: 5:18 PM Comments[0] |
Thu, 22 May 2008 Simultaneous with the intense food vs. fuel debate presently underway, biofuels advocates on the environmental front of the Green Energy War have faced forceful arguments over the greenhouse gas impact of current policies promoting ethanol and biodiesel. Their response
has been to emphasize the benefits expected from "second generation"
biofuels like cellulosic ethanol, and to advocate technology-neutral,
performance-based policies like a Low Carbon Fuel Standard.Direct download: Biofuels_--_Low_Carbon_Fuel_Standard_to_the_Rescue.mp3 Category: podcasts -- posted at: 5:11 PM Comments[0] |
Thu, 22 May 2008 Worldwide, there are three principal motivators -- or fronts -- in
the accelerated move away from current methods of consuming fossil
fuels that is known as the Green Energy War. As with most large scale
endeavors attracting so many participants, communication and
understanding across fronts can prove exceptionally difficult. It is by
no means always clear that everyone is fighting the same war.Direct download: Biofuels_--_Confusion_Conflict_Among_Allies.mp3 Category: podcasts -- posted at: 5:07 PM Comments[0] |
Thu, 22 May 2008 ![]() As debate continues to rage over the role which biofuels policies have played in the extraordinary inflation in world food prices, a sobering awareness may spread. Crop-based fuels like ethanol and biodiesel may have already become an indispensable element of global supplies of liquid fuels. Their absence could have a significant impact on the price of oil. Direct download: Biofuels_--_Wouldnt_We_Miss_500000_Barrels_a_Day.mp3 Category: podcasts -- posted at: 5:03 PM Comments[0] |
Thu, 22 May 2008 The Green Energy War, like every military campaign since the
beginning of history, is fraught with unintended consequences. But
strategy, once committed to, often takes on an irreversible momentum of
its own. And secondary concerns, in the memorable words of the US Air Force Intelligence Targeting Guide, tend to be dismissed as "collateral damage".Comments[0] |
Thu, 22 May 2008 Based on the historic US Supreme Court decision
that brought him to the White House, George W. Bush probably ranks
first among all US presidents in his acute appreciation of the co-equal
role which the American Constitution affords the judicial branch of
government.Direct download: Misunderestimating_Bush_Part_4_--_Contempt_of_Court.mp3 Category: podcasts -- posted at: 4:45 PM Comments[0] |
Thu, 22 May 2008 ![]() Parsing last week's Bush climate speech has intelligence value in the Green Energy War irrespective of the esteem in which its deliverer is held. The dimensions of the defensive perimeter thrown up by the Republican Message Command and its business allies are detectable. They suggest an awareness of the blowback risk created by the Administration's infidelity to the principle of technology neutrality. Direct download: Misunderestimating_Bush_Part_3_--_Thumb_on_the_Scale.mp3 Category: podcasts -- posted at: 4:41 PM Comments[0] |
Thu, 22 May 2008 ![]() President Bush's "new national goal" announced yesterday, to stop the growth in economy-wide GHG emissions by 2025 and to make power sector emissions peak "within 10 to 15 years, and decline thereafter" rests heavily on technology. As he put it, "There are a number of ways to achieve these reductions, but all responsible approaches depend on accelerating the development and deployment of new technologies." Direct download: Misunderestimating_Bush_Part_2_--_Clean_Coal_Katrina.mp3 Category: podcasts -- posted at: 4:36 PM Comments[0] |
Thu, 22 May 2008 Green Energy Warriors habitually identify George W. Bush as the
culprit in the "who thwarted progress?" lineup of suspects which has
substituted for US action on climate policy these past seven years. His
putative mastermind, Dick Cheney, is a consistent runner up.Direct download: Misunderestimating_Bushs_Climate_Prattle.mp3 Category: podcasts -- posted at: 4:31 PM Comments[0] |
Thu, 22 May 2008 ![]() Honest military historians have never known what significance to attach to battlefield precedent. Their views range from the dour George Santayana ("those who cannot remember the past are condemned to repeat it") to the more celebratory Yogi Berra ("it's deja vu all over again"). Why should the Green Energy War be different? Direct download: Feed-In_Tariffs_Pull_AES_Solar_Strategy_Away_from_US.mp3 Category: podcasts -- posted at: 4:27 PM Comments[0] |
Thu, 22 May 2008 Like it or not, by the terms of some unwritten protocol governing
the Green Energy War, no single piece of intelligence is deemed to hold
more value than the expected long-term price of energy. It not only
informs strategy, it defines the outer boundaries of what is considered
possible given the virtually universal conviction that price signals
cannot be defied indefinitely. Even the most willful of policymakers
are forced to make their peace with price.Direct download: EIA_Oil_Price_Forecasts_--_the_Limits_of_Intelligence.mp3 Category: podcasts -- posted at: 4:22 PM Comments[0] |
Thu, 22 May 2008 ![]() The thankless job of the electric utility supply planner is designed to attract the quantitative, the analytic, and the prudent -- not those with an ideological bent or propensity for heroics. Yes, politics constrains choices. The industry being what it is, there's a predictable tendency of planners to search for the "path of least resistance" -- an underpinning of the laws of physics which often finds adherents among regulated businesses. Direct download: LBNL_--_Reading_the_Utility_Planning_Tea_Leaves.mp3 Category: podcasts -- posted at: 4:17 PM Comments[0] |
Thu, 22 May 2008 ![]() The following open letter to Yakout Mansour, CEO of the California transmission grid manager, was written for the April 7, 2008 edition of California Energy Markets. Hey, Yakout -- As a rule, former public officials should be denied access to the media because of their sworn duty to fade away. But when the editors of California Energy Markets solicited tenth birthday greetings for my second favorite non-profit public benefit corporation (your corporate sibling, the CalPX, dead these seven years, is still first in my heart), how could I refuse? Comments[0] |
Thu, 22 May 2008 ![]() The extraordinary findings on energy productivity published recently by McKinsey & Company is a wartime anomaly. Not so much for its basic conclusion -- Green Energy Warriors have long recited an energy efficiency catechism. But the magnitude (roughly half the GHG abatement needed to reach 450 - 550 ppm) and sheer profitability (a 17% rate-of-return) of the portfolio of measures should be a shock-and-awe awakening in a political debate still mired in the rhetoric of economic deprivation. Comments[0] |
Thu, 22 May 2008 As Americans have been painfully reminded several times over recent
decades, the possession of and respect for sound intelligence are
prerequisites of successful military campaigns. The Green Energy War is
no exception, which makes a clear understanding of the recent McKinsey report on energy productivity all the more important.Direct download: McKinsey_Pt._2_--_Where_the_Gold_Is_Hidden.mp3 Category: podcasts -- posted at: 3:33 PM Comments[0] |
Thu, 22 May 2008 The private sector routinely outsources its most perplexing analytic
challenges to management consultants. In that extremely competitive
profession, the global blue chip standard is widely considered to be
McKinsey & Company. Policymakers caught up in the debate over what
contribution to expect from energy efficiency in the Green Energy War
should give careful consideration to a McKinsey report recently presented to 450 institutional investors, Wall Street leaders, and CEOs from around the world.Direct download: McKinsey_--_17_IRR_from_Productivity_Investments.mp3 Category: podcasts -- posted at: 3:28 PM Comments[0] |
Thu, 22 May 2008 The California Air Resources Board, widely regarded as the most
aggressive technology-forcing regulatory agency in the world, has made
a shambles of its "zero emissions vehicle" program since first
mandating in 1990 that 10 percent of all new cars be pollution free by
2003 (roughly 100 - 150 thousand vehicles per annum). This week, in the
fifth revision to the requirement, it reduced that target to 7,500 over the three-year period 2012-2014.Direct download: CARBs_ZEV_Retreat_--_Dunkirk_or_Dien_Bien_Phu.mp3 Category: podcasts -- posted at: 3:21 PM Comments[0] |
Thu, 22 May 2008 The rhetorical fight over nuclear power continues to rage. It will
retain a certain shadowboxing feel, at least in the US and EU, until
markets or governments begin making the massive financial commitments
necessary to construct new units.Direct download: NRG_--_Candor_on_What_Holds_Back_Nuclear_Energy.mp3 Category: podcasts -- posted at: 3:17 PM Comments[0] |
Thu, 22 May 2008 The energy security front in the Green Energy War is broad and deep.
Countries all over the world profess a desire to move away from oil --
some out of concern for the environment and climate change, many from a
desire to sidestep the debilitating economics of petroleum dependence,
most with growing apprehension about continued reliance on OPEC
exporters.Direct download: EVs_in_Israel_--_Energy_Security_on_Wheels.mp3 Category: podcasts -- posted at: 3:13 PM Comments[0] |
Thu, 22 May 2008 The past several years have seen considerable, and wishful,
attention paid to the role of so-called "enlightened" corporate leaders
in pushing the U.S. federal government into a more activist stance on
climate issues. Some of this has been calculated political strategy, a
dry-eyed search by environmentalists for middle-of-the-road message
carriers. More of it has been naive sentimentality, reinforced by
massive advertising expenditures designed to boost company image.Comments[0] |
Thu, 22 May 2008 The zeal of the renewable energy movement is one of the wild cards
in the Green Energy War. Opinion surveys show exceptionally broad
"do-it-now" support in many countries. The depth and commitment of such
support, and its ability to knock down barriers of institutional
inertia, will ultimately determine the pace and scope of any transition
away from fossil fuels.Direct download: Feed-In_Tariffs_--_A_Redistribution_of_Power.mp3 Category: podcasts -- posted at: 3:02 PM Comments[0] |
Thu, 22 May 2008 World War I
saw an escalating, though not particularly effective, use of poison gas
by the combatants. Because of the horrific effect on victims, more
often wounded than killed, the Geneva Convention of 1925 banned the use
of such weapons. Considerable opprobrium has attached to their
deployment ever since.Direct download: Border_Carbon_Charges_--_A_Whiff_of_Mustard_Gas.mp3 Category: podcasts -- posted at: 3:00 PM Comments[0] |
Thu, 22 May 2008 In the Green Energy War, renewable energy is generally considered to
be the ultimate weapon against whatever adversary is identified: energy
security, climate change, escalating fossil fuel prices, etc.
Significant disagreement exists about time frames, scalability, and
costs, but a broad consensus exists among policymakers that promoting
greater reliance on renewables is a desirable priority for government.Direct download: UK_Renewables_--_Beating_Your_Head_Against_a_Rock.mp3 Category: podcasts -- posted at: 2:53 PM Comments[0] |
Thu, 22 May 2008 The second largest operator of nuclear power plants in the US, the
New Orleans based company known as Entergy, is trying to secure
regulatory approval to spin off five of its 10 nuclear plants into a
separate, publicly traded company initially called SpinCo. This would
create the first pure play nuclear company in the U.S. stock markets at
a time of growing enthusiasm in some quarters over the role for nuclear
on the Green Energy War's climate front.Direct download: Entergys_Nuclear_Spinoff_--_No_New_Construction.mp3 Category: podcasts -- posted at: 2:49 PM Comments[0] |
Thu, 22 May 2008 Perhaps the most controversial question among climate activists
worldwide is what role to assign nuclear power in the Green Energy War.
The answer from the Labour Party government in the UK, with full
support from the Tory opposition in Parliament: a very big one.Direct download: UK_Embraces_New_Nuclear_Coy_About_Subsidies.mp3 Category: podcasts -- posted at: 2:43 PM Comments[0] |
Thu, 22 May 2008 By almost universal consensus, improvements in energy efficiency
represent a core strategy in the Green Energy War. Because price
signals alone have not prompted efficiency improvements to a level
policymakers consider economically rational, there also exists a broad
consensus that a legitimate role for government is to correct this
market failure and establish minimum efficiency standards for key
energy-using appliances.Direct download: DOE_Efficiency_Standards_--_Historic_Weak_Link.mp3 Category: podcasts -- posted at: 2:39 PM Comments[0] |
Thu, 22 May 2008 Nothing in the Green Energy War has stirred the hyenas of talk radio
more than Big Government's move to override the marketplace's judgment
about lightbulbs. The energy legislation signed into law by President
Bush last December sets efficiency standards for lighting which will
begin phasing out the incandescent bulb -- a technology largely
unchanged since the 1880s -- in favor of compact fluorescents, halogens
and LEDs.Direct download: Lightbulbs_--_Home_Front_in_the_Green_Energy_War.mp3 Category: podcasts -- posted at: 2:18 PM Comments[0] |
Thu, 22 May 2008 Carbon capture and sequestration, the waste disposal technology
underpinning the "clean coal" vision, is perceived by many as a
strategic weapon in the Green Energy War's climate front -- if for no
other reason than to accommodate the seemingly irrevocable commitment
China and India have made to coal to fuel their economic development.Direct download: Carbon_Capture_and_Sequestration_in_Europe_.mp3 Category: podcasts -- posted at: 2:03 PM Comments[0] |
Thu, 22 May 2008 The presence of abundant deposits of coal in China, India, the
United States -- and its general lower cost as a feedstock compared to
other energy sources -- creates a presumption that, one way or another,
this resource is likely to be used over time. Soldiers on the climate
front of the Green Energy War are insistent that this only be done with
full capture and sequestration of the associated carbon emissions, also
known as CCS.Direct download: Does_CCS_Establish_A_Wartime_Cost_Frontier.mp3 Category: podcasts -- posted at: 1:47 PM Comments[0] |
Thu, 22 May 2008 The most active front in the Green Energy War this past
decade has been the international crescendo of alarm about climate
change. The "Fourth Assessment Report" published by the IPCC in November, 2007 defines the time frame by which governmental actions should be evaluated. As summarized by DEFRA, the environmental agency of the UK national government, the relevant points are:Direct download: IPCC_Report_Sets_Climate_Front_Time_Line.mp3 Category: podcasts -- posted at: 1:37 PM Comments[0] |

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