Tag Archives: Economics

Fossil Fuel Preferences and BP’s Energy Outlook

I started this series on February 20, 2018 to explore the IPAT identity. The last term within that identity that I have yet to cover includes the nature of the fossil fuels used. The popular perception is that use of … Continue reading

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Electricity Generation

This week, I’m looking at the role of electricity in the ongoing global energy transition. Dieter Helm argued (see the February 13, 2018 blog about his book, Burn Out) that our increased usage of electricity is an indicator of our … Continue reading

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Primary Energy

As promised, this blog and the next (barring unforeseen circumstances) will focus on some key indicators of the global energy transition – specifically with regard to climate change and the IPAT identity. I am continuing my study of the same … Continue reading

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Markers for the Global Energy Transition

Last week I talked about Dieter Helm’s book, where he portrayed a future in which oil companies are going broke and fossil fuel prices are collapsing due to their practically infinite supply (via fracking and horizontal drilling). Growing awareness of … Continue reading

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Irrationality and the Future

Climate change is all about future impact; the aspects that we see and deal with right now are limited to those already highlighted by early warning signs in this process. The fact that the issues are global means that mitigating … Continue reading

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Collective Irrationality and Individual Biases: Climate Change

Last week’s blog looked at the connections between the latest effort to rewrite our tax code and the necessary detailed accounting of the resources we will need to compensate for the increasing damage that climate change will inflict on us … Continue reading

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Dynamic Scoring: Taxes and Climate Change

Our government’s executive and legislative branches, are in the midst of discussing two important issues: tax breaks and climate change. Well, in truth, the only real discussion going on has to do with the tax legislation. Climate change is only … Continue reading

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Doomsday Predictions – Disaster Porn?

Figure 1 – Doomsday Clock Three weeks ago (before Charlottesville) I summarized the climate-change-related events that took place during my July vacation and promised to expand upon those issues. Given my necessary digression, I am reposting some of those elements … Continue reading

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Back to Climate Change: A Summary of What Happened in July

Figure 1 – Melting Siberian permafrost results in craters   Figure 2 – Detachment of Antarctican Iceberg the size of Delaware Even though I was on a vacation in Asia and Australia for a month, in this day and age … Continue reading

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Visible Transition to the Middle Class

I am back from a family vacation that took me to Australia, South Korea, Vietnam, Cambodia, Thailand, and a few other Asian countries. I still haven’t completely recuperated from the jet lag (distance, duration, and age) so this blog will … Continue reading

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