The future of energy

The Future of Energy: Man-made Global Warming and the Great Policy Error

GUEST POST

Today’s guest post by Whaleoil reader Bruce Alan Forbes is the final part of an article he wrote called The Future of Energy with predictions for 2040. As it was an in-depth analysis I divided it into six posts so that we could discuss each part separately.

Man-made Global Warming and the Great Policy Error

The catastrophic anthropogenic global warming (CAGW) – or dangerous man-made global warming/climate change – movement is the main reason why governments have implemented policies that every year cost consumers and taxpayers hundreds of billions of dollars. Although they are having little or no effect on CO2 emissions, these policies have in the meantime reduced millions of people in the developed world to fuel poverty, and are preventing hundreds of millions of people in developing countries from gaining access to cheap, reliable electricity from gas or coal-burning generators. This constitutes one of the greatest and most pervasive government policy errors in history.

Read more »

The Future of Energy: Nuclear, Gas and Coal-based Generation

Nuclear power plant with yellow field and big blue clouds

GUEST POST

Today’s guest post by Whaleoil reader Bruce Alan Forbes is part of an article he wrote called The Future of Energy with predictions for 2040. As it is an in-depth analysis I divided it into six posts so that we could discuss each part separately.

Nuclear, Gas and Coal-based Generation

Nuclear power stations operate at high capacity factors and generate large amounts of CO2 – free electricity. They have enormous potential for achieving major reductions in emissions of CO2. Unlike intermittent and unreliable renewable sources, they do not need the inefficient, fossil-fuel burning, backup power stations to maintain output when the wind does not blow or the sun does not shine. Statistics show convincingly that nuclear power is by far the safest form of large-scale electricity generation.

In contrast, coal-fired power stations are responsible for the deaths of thousands of miners worldwide each year and hydropower stations have also killed thousands of people.

At present, nuclear power is typically more expensive than gas or coal-fired power generation in the U.S. and Europe. This is due to the long construction times resulting from bureaucratic regulatory hurdles. Eventually, nuclear power stations will become the main source of clean, low-cost electricity; particularly in non-OECD countries.

Read more »