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Unlimited Power?

This weekend I spoke on a panel at the International Space Development Conference in Washington, D.C. The subject of the panel was the business case for Space Solar Power, and while that might sound like a contradiction in terms to most people, it...

Posted June 2, 2008    

The Right Nudge

I've covered the idea of a government-set floor price for petroleum several times in the last couple of years, so I didn't immediately feel obliged to address the latest such proposal from Tom Friedman in yesterday's New York Times. Enough readers...

Posted May 30, 2008    

Ending Oil's Monopoly

In yesterday's Financial Times (subscription required for full text) Daniel Yergin suggested that the current oil price spike is creating a historical "break point" for petroleum that will result in the loss of oil's dominance in the global...

Posted May 28, 2008    

Paying the Bill

The price of oil and gasoline was a popular topic at the neighborhood Memorial Day barbecue. One of my neighbors, a retired executive, was especially concerned about a number he had heard in an interview with T. Boone Pickens, to the effect that...

Posted May 27, 2008    

Oil Panic Attack

After having mostly yawned our way through the first half of oil's amazing six-year ride, we now watch its movements as intently as any futures trader, and our level of concern seems to be building towards a national anxiety attack. Since 2002 we'...

Posted May 23, 2008    

Clean Green Wheels

Yesterday I attended the awards ceremony honoring the winners of the Challenge X competition sponsored by the Department of Energy and GM, in which teams from 17 US and Canadian universities vied to produce the highest energy and emissions savings...

Posted May 22, 2008    

Sunshine in Germany

I'm still catching up on the news, after a long weekend in a remote location. Among the articles I missed was one in Friday's New York Times on Germany's subsidies for solar power. Although the country's system of "feed-in tariffs" and the rapid...

Posted May 21, 2008    

Crossing the Rubicon?

Although I haven't made any great study of the history of shareholder revolts, I suspect that it is fairly unusual for one to occur when a company is enjoying record earnings, not only relative to its own past performance, but when compared against...

Posted May 20, 2008    

Counting Electrons and Molecules

The electric vehicles are coming. Whether they are to be plug-in versions of hybrid cars, along the lines of the eagerly-awaited Chevrolet Volt or plug-in Prius, or the pure EVs recently promised by the CEO of Renault and Nissan, Carlos Ghosn, we...

Posted May 16, 2008    

$4 In Sight

As of yesterday's market close, the price of light sweet crude oil on the New York Mercantile Exchange (NYMEX) was up 29% since December 31, 2007. In this environment, prognostications about the market become obsolete almost as fast as they're...

Posted May 15, 2008    

How Much Wind?

Yesterday the Department of Energy released a major study on the potential of wind power in the US, suggesting that by 2030 it could supply 20% of our electricity needs, at little incremental investment over and above what would be necessary anyway...

Posted May 14, 2008    

Half Full

Senator McCain's remarks on climate change yesterday are drawing predictable responses from both sides of the issue. While environmentalists may see it as a collection of half-measures, climate skeptics, including the editors of the Wall Street...

Posted May 13, 2008