FORBES: A standard for 'sticker shock'


Blog For Free!


Archives
Home
2009 November
2009 October
2009 September
2009 August
2009 July
2009 June
2009 May
2009 April
2009 March
2009 February
2009 January
2008 December
2008 November
2008 October
2008 September
2008 August
2008 July
2008 June
2008 May
2008 April
2008 March
2008 February
2008 January
2007 December
2007 November
2007 October
2007 September
2007 July
2007 June
2007 May
2007 April
2007 March
2007 February
2007 January
2006 December
2006 November
2006 October
2006 September
2006 August
2006 July
2006 June
2006 May
2006 April
2006 March
2006 February
2006 January
2005 December
2005 November
2005 October
2005 August
2005 July
2005 June
2005 May
2005 April
2005 March
2005 January
2004 December
2004 November
2004 October
2004 September
2004 August
2004 July

My Links
The Racist History of the Democratic Party
Global Warming: A Chilling Perspective
Internet Haganah
Watts Up With That?
Jihad Watch
Ponder the Maunder
The Dissident Frogman
Barking-Moonbat EWS
Just Barking Mad!
The Malaria Clock
Project Valour-IT
Islam: Turning everything it touches to Shi'ite since 632 AD...
10 Myths of Islam

tBlog
My Profile
Send tMail
My tFriends
My Images


Sponsored
Blog



Get 

Firefox!

Tell me when this blog is updated

what is this?


Click to Read


hacker emblem

/plg.swf?go=46VLG3802B085L3" />
FORBES: A standard for 'sticker shock'
04.29.09 (10:08 am)   [edit]

Clean energy and federal standards are hot topics in the nation's capital these days. One issue tossed around by policy wonks is the possibility of creating a national standard for how much electricity must be obtained from renewable resources.

However, any consideration of a federal renewable electricity standard (RES) must start with a basic truth about energy production and usage: Markets talk; mandates shock.

Take a look at the federal mandate to add ethanol to gasoline. Most people (except those in Congress) agree it helped lead to last year's global food-price explosion while also degrading the environment. Not to mention that it drove overall energy prices higher because of the additive's relative inefficiency.

Contrast that mandate to the market's response last year to high oil prices. Energy use dropped dramatically - consumers drove about 3.6 percent less last year in the United States alone - helping push down oil and natural gas prices, and thereby emissions.

But as shocking as most mandates are, few could produce more of a jolt to consumers, businesses and entire regions of our country - while delivering fewer of the intended benefits - than the renewable-electricity standards being considered in Congress.

Proposed bills would require generation of 20 percent to 25 percent of electric power from renewable sources by dates ranging from 2020 to 2025. Their problems begin with how to define a renewable source.

Most proposed mandates omit existing production of large-scale hydroelectric power, nuclear power and clean coal. These resources account for 6 percent, 20 percent and 50 percent, respectfully, of U.S. electricity generation. Leaving out these more practical sources in the nation's energy plans means RES targets could be met only at extraordinary cost - if at all.

Among the renewable sources that are considered by proposed mandates, biomass doesn't transport well, and solar panels are more practical for small-scale, home-based use because of space requirements.

In fact, the most practical use of solar energy is the old-fashioned clothesline, which could displace up to 6 percent of power use.

Forbes nails it.  Go read the rest.

Washington Times 

0 Comments
 
Your Name:


Your Comment:


Locations of visitors to this page





 Use OpenOffice.org

My computer geek score is greater than 100% of all people in the world! How do you compare? Click here to find out!

I am nerdier than 99% of all people. Are you a nerd? Click here to take the Nerd Test, get geeky images and jokes, and write on the nerd forum!




Click to get your own widget