Tag Archives: Energy

Brookings, SAP, NRG, and the City of New York on our Energy Future

NRG Energy charging station.

NRG Energy

Follow LJF97 on Twitter  Tweet Will moving to the new energy future – deploying Solar, Wind and other sustainable alternatives create 2.7 Million New Jobs?

At “How Cities and Companies Can Work Together to Operate in the New Energy-Constrained Economy” a panel discussion (press release), Bruce Katz, Vice President and Director of the Metropolitan Policy Program, Brookings Institution, said “2.7 million new jobs” will be created in moving to the clean energy / low carbon economy.

Mr. Katz also noted that two out of three Americans – 200 million people – live in the 100 biggest metropolitan areas, and those 200 million people are responsible for 75% of our GDP. High carbon energy is no longer cheap. The people in those metropolitan areas, and elsewhere, therefore, must act. Continue reading →

Keynes, Reluctance to hire, & 21ST Century Energy

John Maynard Keynes, in black and white, because some ideas are.

in black and white, because some ideas are.

Tweet Follow LJF97 on Twitter   During the Great Depression the Classical Economists said “Unemployment is voluntary. Business owners will not voluntarily keep the means of production idle.”  While he had been a student of classical economics, John Maynard Keynes observed that the data didn’t fit the theory. And, he reasoned, if the observable data don’t fit the theory, the theory must be flawed.   “Business owners are risk averse,” he saw. “A employee needs to be productive, needs to make widgets. But if no one is buying widgets, then contrary to classical theory, factory owners will fire workers and keep capital idle rather than hire workers to create excess inventory. That’s just common sense.”

We see this today.

When unemployment was low, for example in the United States during the tech boom of the 1990’s, people acted on the premise that “There is so much work that we could hire and good people and train them.”  Today hiring managers seem to be acting on the premise that “There are so many people looking for work that they can wait for the perfect candidate.” Perfection being unattainable, jobs go unfilled. This is ok, in this context, because

  • “Budgets are tight.”
  • “The future is uncertain.”
  • “Money not spent on a new hire can be saved or used to pay down debt.”

Keynes also observed that the government is an employer that does not need to worry about going out of business. Building infrastructure is government employment that is investment for the future. These observations are as valid today as they were 80 years ago.

Continue reading →

Earth Day, 2011, Where Are We?

Earth, from space, courtesy of the American taxpayer

Earth from Space, courtesy of the American taxpayer. Reto Stöckli, Nazmi El Saleous, and Marit Jentoft-Nilsen, NASA GSFC

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Earth Day, 2010, I looked to the future on Popular Logistics. In 2009, I wrote about water pollution and agricultural waste in the Chesapeake. Today I am looking at the present and recent past. While a comprehensive look at where we are can be found on the web pages of the World Watch Institute, the New York Times, and the World Factbook of the Central Intelligence Agency, I want to make a few points.

Our energy policy is “when you flip a switch, the juice gotta flow.” It ain’t magic. It’s engineering and classical physics, with an understanding of radioactive fission and decay and a profound lack of long term thinking. It ain’t magic, but it might as well be. But we really need to base our energy policy on an understanding of ecological economics and sustainability.

We’ve had a few problems with nuclear power and fossil fuel in the last few years. Yet, there’s some light on the horizon.

Continue reading →

21 Century Energy or Business As Usual?

NY Times Special (Business As Usual) Energy Section

Clifford Krauss’ “Can We Do Without the Mideast?” sets the tone for the “Special Energy Section” in the NY Times, March 31, 2011. “The path to independence – or at least an end to dependence on the Mideast – could well be dirty, expensive and politically explosive.” Is this an April Fool’s Day joke? The path to sustainable energy requires vision and hard work. a solar array on every roof and insulation in every wall and every attic. It will be better for the economy, better for the environment, and better for ourselves, our children, and our grandchildren. Continue reading →

Oil pipeline explosion kills 27 in central Mexico – Wikinews, the free news source

The explosion of an oil pipeline in San Martín Texmelucan de Labastida in central Mexico has killed at least 27 individuals and injured 56 others. Twelve of the dead are children. Over 100 homes were damaged and at least 30 of them were destroyed. The explosion had an estimated blast radius of three miles.

Describing exploding gas tanks that flew through the air, Carlos Hipolito, who fled the scene with approximately 60 relatives, described the incident to Milenio Television as a “catastrophe”. Living ten blocks from where the explosion occurred, 58-year-old Jose Luis Chavez explained that he had heard a minimum of two loud explosions and witnessed flames rising over 10 meters (30 feet) into the air.

It is thought that at the Petróleos Mexicanos (Pemex) pumping station where the incident occurred, a gang of criminals were attempting to illegally tap crude oil from the pipeline when they punctured it. Valentin Meneses, Puebla state interior secretary, stated: “They lost control because of the high pressure with which the fuel exits the pipeline.”

Pemex has explained that the theft of oil from the pipelines causes them to lose hundreds of millions of dollars every year. Juan José Suárez Coppel, the head of the company, stated that the pipeline section near to the location of the blast was tapped illegally on 60 occasions. He also reported that across Mexico, 550 cases of illegal tapping had occurred.

Expressing his condolences to the families of those that had died because of this incident, Mexican president Felipe Calderon stated that the federal government is to launch an investigation to try to establish the identities of the offenders and apprehend them.

via Oil pipeline explosion kills 27 in central Mexico – Wikinews, the free news source.

Wired: It's the grid that matters most

Which is to say the distributed network matters as much as the renewable sources. From Generate Electricity Everywhere:

Problem Establishing local-scale power near end users ranks high on everyone’s spec list for Grid 2.0. That’s one reason Obama’s stimulus plan contains a grant that will reimburse property owners for 30 percent of the cost of a solar energy system. But utilities—former monopolies, after all—are reluctant to give up control over their antique, accident-prone grid. And people with enough rooftop real estate to squeeze out serious juice balk at the hassle.
Solution Create a new class of energy service providers that act as middlemen between power companies and large commercial facilities with big rooftops. For instance, SunEdison builds and maintains solar plants on the rooftops of operations like Wal-Mart, Whole Foods, and Kohl’s in eight states. It’s a win-win arrangement: Electric companies get a trusted partner in power generation, and businesses get green energy at a fixed, competitive rate—without additional investment. The secret sauce isn’t photovoltaic panels; it’s the networking gear, sensors, and software that let a SunEdison control room in California manage hundreds of solar sites cost-effectively. And that means it’s suited for scaling up. Says Mark Culpepper, a veteran of Cisco Systems who is now CTO of SunEdison: “Generating power anywhere you can fit a panel totally changes the dynamic of the energy market.”
By Spencer Reiss at Wired Science.

For the Future

Arklow Bank Wind Turbines

Arklow Bank Wind Farm, offshore of Ireland. Copyright, C, GE Energy. Used with permission.

Conferences –

Academics – An MBA for Changing the Climate of Business (click here). Continue reading →

The Deepwater Horizon After the Macondo Well Explosion

An Iceberg

First conclusion of a series that began after Earth Day and includes Fossil Fuels and a Walk on the Moon, Drill Baby Drill or Drill Baby Oops, Magnitude, Part 1, One Month After, The Chernobyl of Fossil Fuel?, and Magnitude, Part 2. )

As I wrote on Earth Day, “In 100 years our descendants will not be burning coal, oil, natural gas or using nuclear fission.  They might be using terrestrial nuclear fusion.  They will be using solar, wind, geothermal, marine current hydro, tidal energy systems – clean, renewable, sustainable energy systems. No fuel: No Waste. No mines, mills, wells, spills. No arsenic, lead, mercury, selenium, thorium – no carbon or fly ash to be contained, sequestered, or to leak.

“We have started.  California and New Jersey lead the U. S. Germany and Spain lead Europe. Boeing and Richard Branson’s Virgin Atlantic want to build aircraft that run on biodiesel.  We need to move forward in a big way – to 100% clean energy in 10 years, to retrain coal miners and oil rig operators to build and run solar arrays and wind turbines, and dig deep geothermal systems.”

Otherwise the Deepwater Horizon Explosion at the Macondo oil field, the oil spills in Ecuador and Nigeria, the coal ash floods like the TVA Kingston Steam Plant, coal mine disasters like at Upper Big Branch, spills like the Exxon Valdez, and events like Three Mile Island and Chernobyl will be ‘”Business as Usual.”

A friend of mine who works for BP, and who would like to work for BP Solar, tells me that most BP staff don’t go to work thinking “How can I destroy the earth today.“ They are, she says “focused on obtaining and selling oil.”  Few consider themselves environmentalists. Many see this as business as usual. “Oil spills happen,” they say. They are “focused on getting petrochemicals to market.”

The Macondo oil field that was tapped by the Deepwater Horizon could have contained 1 Billion Barrels of crude. It could have been one of the largest oil discoveries in the world .” (Click here for CBS and here for Times of London). The well could gush oil for YEARS and could have met US needs in 2007 – 21 Million Barrels per Day – for 47 days (here).

This volume of crude oil – 1 Billion Barrels – could explain the explosion. The equipment was built to operate at 20,000 PSI and withstand 60,000 PSI. It the pressures exceeded the limits, then the equipment could have failed. Simple. And Catastrophic. When you consider the pressures under 5000 feet of ocean, and the pressure of 1 Billion Barrels of oil, when you have engineers scratching their head saying “I don’t know, I never saw anything like this. What do You think we should do?”  One the thing to do is run like hell.

An Orca

An Orca

As was noted earlier in the series, like the iceberg pictured above and the Orca pictured at left, this is a singularity.  But it has precedents.

  • TVA Kingston: 1.2 Billion Gallons of toxic coal ash sludge, upstream of Kingston, Tennessee, 12/22/08.
  • Chevron Texaco: (alleged) 18 Billion Gallons (428.6 million barrels) of Oil Process Waste, Rainforests of Ecuador, 1964 to 1990.
  • Oil Fires of Kuwait: 6 Million Barrels per Day, up to 6 Months, 1991.
  • Exxon Valdez: 250,000 Barrels, Prince William Sound, 1989.
  • The Niger Delta, in Nigeria, 250,000 Barrels per year for the last 50 years (click here), “Big oil spills are no longer news in this vast, tropical land….has endured the equivalent of the Exxon Valdez spill every year for 50 years by some estimates…. Perhaps no place on earth has been as battered by oil, “
Flares in the Jungle

Flares in the Jungle

The TVA coal ash flood (here, here, here), the Upper Big Branch Mine accident (here, here), and the Deepwater Horizon at Macondo may be the “Trifecta” of American Fossil Fuel Disasters.  But, like the problems in Ecuador (here) and Nigeria (here), these are “Systems Problems” – built into the system. The only way to eliminate them is to change the system.

This is what precisely what some people are trying to do. Students and faculty in the Marlboro MBA in Managing for Sustainability at the Marlboro College Graduate Center in Brattleboro, Vermont. They think about “Changing the Climate of Business.” And they may be are on to something, as are like minded people at the Presidio, the Fowler Center for Sustainable Value, at Case Western, and Columbia University’s Earth Institute.

Here’s an idea that will enable BP to make things right, change their image, and even make money. Suppose BP Solar built new factories in Florida and Louisiana, and hire former petrochemical and seafood workers – and churned out 25,000 to 50,000 PhotoVoltaic solar modules and 1,250 to 2,500 inverters per day. This would be 5 to 10 megawatts per day, 160 to 300 mw per month, 600 mw to 1.2 gigawatts per year.

According to my back of the envelope calculations, we need about 50 gw of solar in this country, along with 200 gw of wind, and 50 to 100 gw of other CRS (Clean, Renewable, Sustainable) generating capacity, so this is a drop in the bucket. But this is real change. It’s defining moment, substantive, shake the cobwebs out of the attic, hurricane force, Dorothy we’re not in Kansas anymore, paradigm shifting change.

BP Solar, or Massey Energy, or Akeena, Evergreen, First Solar, Sunpower, could do the same thing in West Virginia – build factories to manufacture PV Solar Modules and Solar Hot Water Panels, and hire local people to work in the factories.

It is change we can wrap our arms around, change we can celebrate. As President Obama might say, “change we can believe in. ”

—

This was planned as the Final Post in this series on the Deepwater Horizon / Macondo oil well disaster which began after Earth Day. Other posts include:

  1. Fossil Fuels and a Walk on the Moon,
  2. Drill Baby Drill or Drill Baby Oops,
  3. The Magnitude of the Spill,
  4. One Month After,
  5. The Chernobyl of Fossil Fuels?, and
  6. Magnitude, Part 2.

However, I will continue to offer my thoughts and analysis once or twice per month as the oil continues to gush forth into the Gulf of Mexico.

Tiger Woods & Subprime Mortgages

Tiger Woods may be a great golfer. But I wouldn’t buy a mortgage from him. Here’s why.

(click to stream audio)

Economics II: Macroeconomics and Political Economy

The way for the government to stimulate the economy and to avoid or climb out of a Depression, as John Maynard Keynes wrote, and as President Franklin Delano Roosevelt proved with the New Deal, is to invest money and resources in infrastructure, not to lower taxes or put money in the hands of private businesses. This latter tactic, which New Jersey’s new Governor, Chris Christie1 is trying, was not proven to work by President Herbert Hoover and proven not to work by President George W. Bush.

Keynes’ basic analysis rests on two evident economic phenomena. One is the different effects on the Keynsian Multiplier of government revenues collected as taxes and government revenues not collected as tax-cuts. The other is the basic response of people to a “Deep Recession” or a Depression.2

If a Recession is a series of calendar quarters in which there is a decline in GDP, a “Deep Recession3” or a Depression is characterized by a recession in which there is a general reluctance to invest in new staff or new projects on the part of businesses and individuals. A portion of any income, tax refund, or tax cut is saved. Money is hoarded. Money spent by the government is obviously, spent. The Keynsian Multiplier of money spent directly by the government is greater than money provided to businesses by tax credits because the government spends money directly, while individuals and businesses spend what they must and hoard what they can. For example, for every $1 Million the government spends purchasing goods and services, $1 Million is added to the GDP. However, for every $1 Million of taxes the government cuts, there is $1 Million the government doesn’t spend, a chunk of that $1 Million is spent, and a chunk that $1 Million is hoarded.4 When the government spends directly, particularly on domestic infrastructure, the Multiplier is, in a word, multiplied.

Obama’s tax incentive to hire people, is partially neo-classical, supply-side economics of the type favored and proven ineffective by Hoover and Bush. However, to the extent that it generates jobs, it will help the people whos jobs are created, their families, and the economy.

Robert Reich, a Keynesian economist, said5,:

“The best and fastest way for government to prime the pump is to help states and locales, which are now doing the opposite. They’re laying off teachers, police officers, social workers, health care workers, and many more who provide vital public services. And they’re increasing taxes and fees. … We need a second stimulus directed at states and locales. “

Paul Krugman6 seems to agree. The only way to avoid a Depression is for the government to spend money. Lowering taxes doesn’t work when people are reluctant to spend. However, the government must create jobs that will reduce the deficit in the future.

Wars don’t do this. As President Bush demonstrated, wars create jobs that increase the deficit and deplete the economy by destroying capital, both human and physical. Investing in local clean, sustainable energy and rearchitecting the health care system in the United States, however, are ways to use government spending today to reduce future deficits.

Local Clean Sustainable Energy

Suppose we were to install a 50 kw photovoltaic solar array and a 2,500 liter (660.4 gallon) solar hot water heater system on every school in the United States. That’s approximately 100,000 of each.7 Suppose each solar electric system costs $7.50 per watt, or $375,000, and each solar hot water heater would cost $50,000. That’s $425,000 per school, at 100,000 schools that’s $42.5 Billion. .

Because these are powered by a natural process – sunlight – rather than non-renewable fuels, and because of relatively low maintenance costs and operating costs, these systems will pay for themselves quickly and last a very long time, they will pay for themselves over and over. The return on investment is between 10% and 16% for PV Solar and 20% to 33% for Solar Hot Water. This is outlined in Table 1, below.

Solar Electric and Solar Hot Water Heaters

Solar Electric

Solar Hot Water

Cost of each

$375,000

$50,000

Total Cost

$37.5 Billion

$5.0 Billion

Years to pay for itself

6 to 10 years

3 to 5 years

Useful Life

40 years

25 years

Annual ROI

10% to 16%

20% to 33.3%

Table 1.

The ROI is higher when you factor in the external benefits of clean, renewable energy – there is no pollution, and therefore are no health effects from pollution.

One way to use the deficit to stimulate the economy in a manner that is consistent with reduced long term deficits is thru the development of clean energy resources, such as solar electric and hot water systems on the nation’s public schools.

Health Care

In July, 2007, President George W. Bush said “People have access to health care in America. After all, you just go to an emergency room.8” While Emergency Rooms are well suited for acute conditions – emergencies – such as the traumas of car accidents, gunshot wounds, and broken arms, they are ill-equipped for chronic conditions such as hypertension, diabetes, cancer. If a person with diabetes was to go to the emergency room, the emergency room staff would say “We can’t help you. Come back when you’re in a coma, or you need your leg amputated.” Similarly, while the Emergency Room can’t manage hypertension, it can treat the heart attack or stroke suffered by a person with hypertension.

Assuming Pres. Bush’s statement is accurate, then the approximately 47 million, or one out of six, or 15.46% of Americans who don’t have health insurance only have access to health care in an emergency. This means that the Health Care System can handle non-emergency health care for five out of six Americans, but is not capable of meeting the non-emergency needs of one out of six, or 15.46% of Americans. This means we need about 15.46% more doctors, nurses, medical office staff, hospital staff, medical offices, and hospitals. For every 100 medical doctors practicing today, we need 115.46. For every 100 nurses, we need 115.46.

According to the Bureau of Labor Statistics, there were about 661,000 physicians and surgeons in the US in 2008 and are about 2.6 million Registered Nurses, RN’s, today.9 If this is sufficient for the 357 Million Americans who have health insurance, then we need an addtional 102,191 physicians and surgeons, and an additonal 401,960 nurses, and they need offices, examining rooms and other infrastructure. However, we can’t just push a button and create 102,191 physicians and surgeons and 401,960 nurses out of thin air. It takes nine years to train a physician and three years to train a nurse.10

Selected Demographic Information

Americans

With Insurance

Without Insurance

Total

Americans

257 M

47 M

304 M

Medical Professionals

Have

Need

Total

Physicians & Surgeons

661,000

102,191

763,191

Nurses

2.6M

401,460

3.0 M

Table 2

Another way to use deficit spending today to stimulate the economy and invest for the future is to build the medical infrastructure for the 47 million Americans who can’t afford or are without health insurance.

Paul Krugman on Banking, Securitization, and The Canadian Model

In his recent columns in the New York Times, Paul Krugman11 has discussed the banking industry, the banking debacle, banking reform, and the Canadian model for banking regulation and banking risk management. He quotes testimony by Jamie Dimon of JP Morgan Chase and Lloyd Blankfein of Goldman Sachs. In hearings of the Financial Crisis Inquiry Commission, Dimon basically said “this was business as usual.” Blankfein, however, said “it was an act of God.” While they disagreed about the cause of what happened, they agree with the solution: “Let bankers be bankers. If the government regulates banking, the economy will crumble.” It appears that we tried this deregulatory approach, and the economy crumbled.

“Securitization” of loans, in which bad loans are bundled with good loans and sold, doesn’t limit risk, it rewards risk. In terms Tiger Woods or a Wall Street banker should be able to understand, Securitization is like sexual activity and HIV AIDS. Suppose one person has 100 relations with 10 partners, 10 with each, one of whom is infected with the HIV AIDS virus. Suppose another person has one relation with each of 100 partners, one of whom is infected with the virus that causes HIV AIDS. Clearly the first person has a higher risk of infection. However, the second person is also at risk. In the case of securitization of “toxic assets” the bankers were rewarded to have relations with as many people as possible. They didn’t minimize risk. They spread it around.

The Canadian banking model limits risky loans, limits bank leverage, and limits securitization. This is what Obama must do. He must demand and enforce regulations that require transparency in banking, regulate derivatives, eliminate incentives for bankers to make bad loans, create incentives for bankers to make good loans; to practice what might be called safe banking

. Regulations, for example, like those mandated by Glass Steagal.

Patrick Henry once said. “Give me liberty or give me death,”

Today he might add, “Entrust my money with cautious bankers.”

———— Notes ————-

1Faced with high unemployment and a lack of unemployment compensation funds, NJ Gov. Christie is proposing to cut unemployment benefits, and cut the unemployment tax used to fund unemployment benefits. Beth DeFalco, “Christie proposes to cut jobless benefits,” NJ Herald, 2/25/10, http://www.njherald.com/story/news/nj-jobless-benefits, and Athena D. Merritt, “Christie proposes fix for N.J.’s insolvent unemployment fund,” Philadelphia Business Journal, 2/25/10, http://www.bizjournals.com

2Discussed at length by Riddell, Shackelford, Stamos, and Schneider, Economics, Pearson – Addison Wesley, 2008, pg 365-368.

3I’m using the term “Deep Recession” in conjunction with “Depression” because there appears to be a general reluctance on the part of bankers, journalists, pundits, and others to use the term “Depression” in discussions of the state of the economy today.

4Acharya, Viral and Ouarda Merrouche, “Precautionary Hoarding of Liquidity and Inter-Bank Markets: Evidence from the Sub-prime Crisis,” July 3, 2009, at Stern.NYU.edu, http://pages.stern.nyu.edu/~sternfin/vacharya/public_html/acharya_merrouche.pdf.

5Reich, Robert, “Obama Needs to Teach The Public How To Get Out Of The Mess We’re In, But He’s Not”, 1/29/10, http://www.huffingtonpost.com

6Paul Krugman, the Princeton University Economist, and Nobel Laureate, writes a column for the New York Times.

7According to Statemaster.com there are about 94,260 elementary and secondary schools in the US. I rounded this up to 100,000 to simplify the math. http://www.statemaster.com/graph/edu_ele_sec_tot_num_of_sch-elementary-secondary-total-number-schools.

8On July 10, 2007, “Pennsylvania Progressive” reported then President Bush said: “People have access to health care in America. After all, you just go to an emergency room.” http://pennsylvaniaprogressive.typepad.com/my_weblog/2007/07/bush-on-healthc.html

Also reported on July 11, 2007 by Dan Froomkin in the “Washington Post,” in his column “Mock The Press”. http://www.washingtonpost.com/wp-dyn/content/blog/2007/07/11/BL2007071101146_5.html

9Bureau of Labor Statistics, Occupational Outlook Handbook, 2010-11 Edition,

Physicians and Surgeons. http://www.bls.gov/oco/ocos074.htm#outlook,

Registered Nurses, http://www.bls.gov/oco/ocos083.htm

10I’m assuming a 6-year Biomedical program and a 3 year Medical Residency for physicians and surgeons and a 2 year practical nursing program with a 1 year Residency for nurses.

11Krugman’s Recent columns in the NY Times include, “Bubbles and the Banks”, 1/8/10, “Bankers Without A Clue”, 1/15/10, “March of the Peacocks”, 1/29/10, and “Good and Boring,” 2/1/10. These can be found on the Internet at http://www.nytimes.com.

Energy and Green Business – Green Inc. Blog – NYTimes.com

Siemens Wind Farm

Siemens Wind Farm, Courtesy Siemens.

Lars Kroldrup reports, on the Green Inc. blog at the Times, that Siemens has announced its intention to expand in the United States market. From Siemens Touts Growth in Renewables and the Value of the American Market:

Since acquiring the Danish wind turbine company Bonus Energy in 2004, the German industrial giant Siemens AG, has become one of the larger players in the wind power game with roughly 7 percent of the market.

Still, with rivals like GE Energy and Vestas controlling roughly 18 percent and 19 percent of the market, respectively, Siemens suggested at a financial presentation in Copenhagen on Monday that it’s looking to climb the rankings — and that it sees the fledgling American wind power market as a way to do that.

“We want to be one of the leading companies on the American market,” Andreas Nauen, the chief executive of Siemens Wind Power, told Green Inc. on Monday. “We are on our way, and would like to play an important role. The U.S. market is, and will be in the future, an important market to us.”

According to Siemens, over the next 20 years, the percentage of global power generation arising from renewable sources will grow from less than 5 percent now to about 17 percent by 2030. About half of that, the company said, will come from wind power.

Just 15 years from now, the company expects the global wind energy market to be worth nearly $300 billion, compared to a little over $40 billion today.

Much of that growth, the company is betting, will be in North America, the company estimated. “We have recieved big orders in both the United States and Canada,” Mr. Nauen said.

Of course, just how much the United States will benefit economically from any wind power expansion by foreign companies entering the market — particularly as it relates to the creation of manufacturing jobs — is a matter of some debate.

Read Mr. Kroldrup’s complete piece here: Siemens Touts Growth in Renewables and the Value of the American Market.

Via Green Inc.

Entergy official "relieved of duties" for false statement about Vermont Yankee nuclear plant

Vermont Yankee, on the banks of the Connecticut River

Vermont Yankee, Courtesy of US NRC

There’s no question that nuclear power will be part of our energy supply mix for the foreseeable future.  The United States has 104 nuclear power plants in operation at present, according to Matthew Wald on the Green Inc. blog of The New York Times, relying on NRC data. Incidents like this – in which a corporate official makes a false statement with serious health and safety implications – give us pause.

Which is worse – that the official was mistaken, and not aware that Vermont Yankee had water pipes which could leak – or that he knew and lied?

Incompetence or dishonesty, it would seem.  Nuclear power can’t be a safe part of our energy future on those terms. Entergy is responsible for knowing everything there is to know about the plants it operates. A material and incorrect statement – under oath, no less – seems explainable only by three hypotheses: (1) the official lied; (2) the official failed to make himself aware of the plant, in which case the question shouldn’t have been answered; (3) the official was misinformed by subordinates.

If the first explanation is correct, perjury charges are, of course, in order. If the second or the third – Entergy hasn’t met its obligations to mind the store.

From the Associated Press via NPR: Top Vermont Yankee Official ‘Relieved Of Duties’:

A top official at the Vermont Yankee nuclear plant was permanently relieved of his duties and placed on leave, the plant owner’s CEO said Tuesday, less than a week after Gov. Jim Douglas demanded management changes over misstatements made to state officials.

Entergy Nuclear chief executive J. Wayne Leonard did not identify the official by name. But he described the executive relieved of his duties in a way that could only apply to Vice President Jay Thayer.

Douglas’ urging for management shake-up followed revelations that plant officials misled state regulators and lawmakers by saying last year the plant did not have the sort of underground pipes that could carry radioactive tritium.

“In May 2009, an Entergy executive testified in a hearing on the state’s report that he didn’t think we had any such pipes, but he would get back to them,” Leonard said. “He did not get back to them. He has issued a public apology and made clear that he failed to provide full and complete information, either on the witness stand or by failing to get back to them.

Continue reading →

Barack Obama, a Systems Thinker in the White House

President Barack Obama.

President Barack Obama.

In his State of the Union Address <video, transcript Englsh, en español>, President Obama said “The best anti-poverty program is a world classeducation

.” He described a positive, or reinforcing, feedback loop. Education enables people to accomplish more, earn more, and better educate their children, who also accomplish more and earn more. It is one of the most important differences between the populations of New Jersey and West Virginia. This is described in detail in Thinking in Systems, by Donella Meadows<link>, (C) 2008, published by Chelsea Green<link>, ISBN 978-1-60358-055-7.

The President also asked for a better health care plan. I can answer that in five words: “Single Payer; Medicare For All” <link>  just approved by the California Senate. Medicare works for my octogenarian father. Health Insurance Care doesn’t work for a 20-something friend of mine. He just graduated from college. He has no job and therefore no medical insurance. If he was a full-time student he’d be covered on his parents’ insurance. A simple reform would cover recent graduates until they find a job that pays a living wage and provides health insurance benefits. Another would be by expanding Medicare to cover all citizens. This is much easier said than done. Our medical care system cannot adequately care for approximately 50 million people – one out of six. This can’t be changed overnight – we need to train more doctors and nurses, and build more hospitals, but it must be changed.

Image showing mountain strip mined for coal.

Mountain strip mined for coal. Chris Dorst, Charleston, WV Gazette.

Energy is another set of systems problems. No one who has seen a once pristine valley after strip mining or “mountain-top removal”  uses the term “Clean Coal.” Countries like Denmark, Ireland, Israel, Japan, and Sweden built their economies with education not extraction of natural resources. As the President alluded to, conservation and clean, renewable energy technologies – solar, wind, geothermal, hydro – can be implemented faster, at a lower cost, and with fewer negative economic externalities than traditional fuel intensive resource based technologies like fossil fuel and nuclear power. This suggests another of the differences between New Jersey and West Virginia – the “Blessings of Education” versus the “Resource Curse” <link> from which economies built on extraction of natural resources suffer.

Arklow at Sunset

Arklow Bank Wind Park, off Arklow Bay, Ireland. Image courtesy Oneworld.net, UK.

The President needs economic advisors who start think in terms of ecological economics <link1 / link2>, of metrics like the Genuine Progress Indicator, GPI <link>, rather than Gross Domestic Product, GDP <link>. Simply put, ecological economics is neoclassical economics with a better understanding of the long term and of costs. Spending one dollar – or one trillion dollars – to clean up a mess is not as good as allocating those resources to build factories, houses, libraries, museums – the infrastructure, culture, and community of a nation.

God, Keynes, and Clean Energy

Columbia University

Columbia University

NY. Jan. 25. Mark Fulton, “Climate Change Strategist” Deutsche BankAsset Management, spoke at Cary Krosinsky’s class in Sustainable Investing at the CERC, the Center for Environmental Research and Conservation, Earth Institute, Columbia University.

Krosinsky, Vice President of Trucost, recently co-edited and wrote the book Sustainable Investing: The Art of Long Term Performance with Nick Robins of HSBC. He is an Advisory Board member of the Association of Climate Change Officers (ACCO) and founder director of InvestorWatch. Trucost has built and maintains the world’s largest database of carbon emissions and other environmental impacts as generated by the world’s largest public and private companies. Their data and expertise is used by leading global fund managers and asset owners to manage carbon risk. Continue reading →

Jobs, National Security, Energy, Environment, Economy

Architecting a Clean, Secure, Sustainable, Non-Carbon and Non-Nuclear Energy Future

Middelgrunden, Denmark, near Copenhagen

Middelgrunden, Denmark, near Copenhagen

  • 100 Gigawatts offshore wind. $300 Billion.
  • 100 GW land based wind. $200 Billion.
  • 50 GW solar. $325 Billion.
  • 250 GW Clean, renewable, sustainable Energy.  $825 Billion.
  • Save the World: Priceless Continue reading →

Massachusetts to pay higher prices for consumer-produced solar, wind energy

Marketplace reported last night that “Massachusetts has launched a program that rows of panelslets home and business owners who generate their own power sell it back to the electric compan” at retail prices, increasing the incentives for the installation of solar and wind energy-producing equipment, and additional incentives for conservation (i.e. additional conservation, which brings net consumption towards zero brings a household closer not just to a zero bill, but payment from utility companies).

Program pays top dollar for extra power, reported by Mitchell Hartman. From the transcript:

[Massachusetts] State Energy Secretary Ian Bowles.

IAN BOWLES: Starting now, if you own solar panels on your home, or you have a small-scale wind turbine, and you want to sell extra power back to the grid, you’ll now be able to do that at a very advantageous rate.

California will do the same thing starting in January and lots of other states are working on similar programs. Massachusetts now leads the pack, because it’s making utilities pay retail rates for the electricity customers generate.

TERRY TAMMINEN: So it really encourages you to become a renewable energy entrepreneur.

California energy consultant Terry Tamminen says these policies encourage alternatives to fossil fuels. But can a bunch of windmills and rooftop solar panels really make a difference?

TAMMINEN: Boston may not be noted for its sunshine, but neither is Germany, and yet Germany is the second-largest user and producer of solar energy in the world.

For years, Germany has been paying customers a premium for the renewable power they generate. Tamminen says that’s largely why it’s jumped ahead.

Mitchell Hartman, Program pays top dollar for extra power.

Via Marketplace, a production of American Public Media.