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Energy consumption is critical to economic growth and quality of life. America’s energy system, however, is malfunctioning. The status quo is characterized by a tilted playing field, where energy choices are based on the visible costs that appear on utility bills and at gas pumps. This system masks the “external” costs arising from those energy choices, including shorter lives, higher health care expenses, a changing climate, and weakened national security. As a result, we pay unnecessarily high costs for energy. New “rules of the road” could level the energy playing field. Drawing from our work for The Hamilton Project, this paper offers four principles for reforming U.S. energy policies in order to increase Americans’ well-being.
"The thread that unites the two books is an idea Marx called "the theory of compensation as regards the workpeople displaced by machinery" and Keynes criticized as the doctrine of self-adjustment. William Stanley Jevons described the doctrine as "a principle recognised in many parallel instances." Specifically, with regard to workers displaced by machinery, Jevons observed,
> The economy of labour effected by the introduction of new machinery, for the moment, throws labourers out of employment. But such is the increased demand for the cheapened products, that eventually the sphere of employment is greatly widened.
Jevons related the doctrine to the consumption of fuel, arguing, "Now the same principles apply, with even greater force and distinctness, to the use of such a general agent as coal. It is the very economy of its use which leads to its extensive consumption." This rebound effect has become known as the "Jevons Paradox" and is the central argument of Owen's book. "
"So, in other words, the tens billions we are going to spend on cybersecurity is mostly a waste of time/money. It's not only a waste of money, it's yet another example of how the US national security system is not producing real, tangible security for the people it expects to pay for it. The real solution to network vulnerability? Decentralized production. The tech is available. If the billions spent on cyber were spent on growing local production by building resilient communities, it wouldn't only make us safer it would likely ignite an economic Renaissance. "
Analysis of speculative Luna Ring project by a Japanese company that would put a solar power station on the moon.
"Peak oil poses a host of systemic risks to the global economy, and will increasingly disrupt supply chains in our globalized world. Contra to Yergin's view that Ricardian Comparative Advantage will produce abundant oil for export, oil-producing nations will continue to feed their domestic populations, leaving less for sale on world markets. OECD consumers will be increasingly priced out of oil markets as their disposable income adjusts downward to reflect energy costs. "
"In the TED video below, Lisa Margonelli of the New America Foundation Energy Policy Initiative gives a fascinating 17-minute talk on the political psychology and the political economy of oil… and how the former distracts us from the latter."
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The accident at Fukushima Daiichi on March 11 implicates me, somehow, much more than did either Three Mile Island in 1979 or Chernobyl in 1986, both well-etched into my memory.
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I can find no escape from Fukushima Daiichi. Words I hoped never to read in a news report, like loss of coolant accident (LOCA), exposed core, hydrogen explosion: Here they are. Except for those who can identify ways to contribute directly to the management of the disaster, we scientists have only one job right now -- to help governments, journalists, students, and the man and woman on the street understand in what strange ways we have changed their world.
"Shell uses scenarios to explore the future. Our scenarios are not mechanical forecasts. They recognise that people hold beliefs and make choices that can lead down different paths. They reveal different possible futures that are plausible and challenge people’s assumptions."
Relies too much on two sources but summarizes some serious concerns.
"This is a collection of papers translated from the Russian with some revised and updated contributions. Written by leading authorities from Eastern Europe, the volume outlines the history of the health and environmental consequences of the Chernobyl disaster. According to the authors, official discussions from the International Atomic Energy Agency and associated United Nations' agencies (e.g. the Chernobyl Forum reports) have largely downplayed or ignored many of the findings reported in the Eastern European scientific literature and consequently have erred by not including these assessments. "
"On 13 March, an essay entitled "Why I am not worried about Japan's nuclear reactors" appeared on a new and unknown blog. Within hours the post had gone viral – a testament to the power of hyperlinking and social media."
"A few weeks before the tsunami struck Fukushima’s uranium reactors and shattered public faith in nuclear power, China revealed that it was launching a rival technology to build a safer, cleaner, and ultimately cheaper network of reactors based on thorium. "
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