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energy economics

A New Theory of Energy and the Economy, Part 1: Generating Economic Growth

January 24, 2015 by Gail Tverberg
6

Energy Economics and Growth

How does the economy really work? In my view, there are many erroneous theories in published literature. I have been investigating this topic and have come to the conclusion that both energy and debt play an extremely important role in an economic system.[read more]

Keeping PACE in Texas: Revitalizing Industry, Saving Water, Guiding Better Policy

January 23, 2015 by Kate Zerrenner

Texas and PACE

As the Texas legislative session begins ramping up, I'm reminded of policies from that holistically benefited Texas, had bipartisan support, and brought unlikely allies together. It’s important to remember that no matter the politics, clean energy solutions make sense for Texas – economically and environmentally.[read more]

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An Economic Argument for a Tax on Methane

January 22, 2015 by Nathan Ratledge
1

Taxing methane leakage in the oil and gas sector, as opposed to forthcoming technology regulations, is more economically efficient. A policy that offsets taxes revenue elsewhere - from income or corporate taxes - should be considered.[read more]

Oil Price Crash Shows the Challenge of Breaking Addiction

January 21, 2015 by Severin Borenstein
7

Oil Addiction and Price Collapse

The price of crude oil has fallen more than 50% since summer and drivers are responding exactly as economists would predict. Americans are driving more, the market for SUVs is roaring again and the average fuel economy of new cars sold is declining after years of increases.[read more]

Friday Energy Facts: Market Expectations of Oil Price Uncertainty have Increased in Recent Months

January 16, 2015 by U.S. EIA: Today in Energy

Oil Price Uncertainty

December was the sixth consecutive month in which monthly average Brent crude oil prices decreased. The December price decline, and its continuation into early January, reflects continued growth in U.S. tight oil production, strong global supply, and weakening outlooks for the global economy and oil demand growth.[read more]

Center for the New Energy Economy Looks Back at the 2014 State Legislative Sessions

December 23, 2014 by Tom Plant

Each year, the Center for the New Energy Economy publishes an overview of legislative trends in the advanced energy sector from state legislatures across the country. In looking at 2014, the Center found a total of 437 bills that made it into law in a variety of categories relevant to advanced energy.[read more]

Energy Quote of the Day: 'The West Will Have to Recognize we Have the Needs of the Poor'

November 22, 2014 by Jared Anderson
4

Energy Development and Energy Poverty

Notoriously complex global energy issues encompass science, economics, politics, the environment, demographics and social dynamics. One of the most stubborn problems is finding a way to simultaneously address energy poverty while reducing global carbon dioxide emissions.[read more]

Does Climate Disruption Change Everything? A Review of Naomi Klein's 'This Changes Everything'

October 9, 2014 by Johannes Urpelainen
8

Naomi Klein‘s 'This Changes Everything: Capitalism vs. The Climate' makes three basic claims. First, capitalism is the key reason for our addiction to fossil fuels. Second, current solutions are not solving the problem. Finally, grassroots mobilization against fossil fuels can solve the climate crisis.[read more]

Low Oil Prices: Sign of a Debt Bubble Collapse, Leading to the End of Oil Supply?

September 27, 2014 by Gail Tverberg
54

Oil Prices and Supply Economics

Oil and other commodity prices have recently been dropping. Is this good news, or bad? I would argue that falling commodity prices are bad news. It likely means that the debt bubble which has been holding up the world economy for a very long–since World War II, at least–is failing to expand sufficiently.[read more]

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Power Satellite Progress

September 9, 2014 by Keith Henson
17

Energy Innovation

Power satellites are a complicated subject. It involves economics, "rocket science," i.e., the rocket equation, orbital mechanics, radiators, thermodynamics, microwave and laser optics, geography, geometry, radio frequency interference with communications, and more.[read more]

The Catch-22 of Energy Storage

August 25, 2014 by Barry Brook
161

Energy Storage Issues

Several recent analyses of the inputs to our energy systems indicate that, against expectations, energy storage cannot solve the problem of intermittency of wind or solar power. There is not enough surplus energy left over after construction of the generators and the storage system to power our present civilization.[read more]

Energy and the Economy: Twelve Basic Principles

August 16, 2014 by Gail Tverberg
6

Energy Economic Principles

There is a standard view of energy and the economy that can briefly be summarized as follows: Economic growth can continue forever; we will learn to use less energy supplies; energy prices will rise; and the world will adapt. My view of how energy and the economy fit together is very different.[read more]

Energy Production and Other Mining Account for a Large Percentage of Some State Economies

August 8, 2014 by U.S. EIA: Today in Energy

State Energy and State Economies

At the national level, establishments that extract crude oil and natural gas as well as naturally occurring mineral solids accounted for about 2% of the U.S. economy last year. In some states, though, the mining sector accounts for a much larger share of the economy.[read more]

Friday Energy Facts: Oil and Natural Gas Sales Accounted for 68% of Russia's Total Export Revenues in 2013

July 25, 2014 by U.S. EIA: Today in Energy

Russia Fuel Sales

Russia is a major exporter of crude oil, petroleum products, and natural gas. Sales of these kinds of fuels accounted for 68 percent of Russia's total export revenues in the year 2013, based on data from Russia's Federal Customs Service.[read more]

Statoil Chief: Energy Policy is Economic, Security, and Environmental Policy

May 15, 2014 by Jared Anderson
1

Statoil Chief and Energy Policy

Energy issues are more complex and interconnected than ever before, and for this reason energy has become front and center in many debates unfolding on national and international stages. Energy policy involves economic, security, and environmental facets.[read more]