NewEnergyNews: NEW ENERGY – TRUTH IS BETTER THAN MYTHS

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The new challenge: To make every day Earth Day.

YESTERDAY

  • ORIGINAL REPORTING: HAWAII'S UTILITIES PLAN FOR 67% RENEWABLES BY 2030
  • ORIGINAL REPORTING: CAN WARREN BUFFETT'S PACIFICORP BRING THE NORTHWEST'S RENEWABLE RICHES TO MARKET?
  • THE DAY BEFORE

  • ORIGINAL REPORTING: A UTILITY IN THE MAKING: THE MUNICIPALIZATION OF BOULDER, COLORADO
  • ORIGINAL REPORTING: WHAT HAPPENED TO THAT NATIONAL HIGH VOLTAGE TRANSMISSION SYSTEM?
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    GET THE DAILY HEADLINES EMAIL: CLICK HERE TO SUBMIT YOUR EMAIL ADDRESS OR SEND YOUR EMAIL ADDRESS TO: herman@NewEnergyNews.net

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    THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: THE STATE OF THE U.S. WIND INDUSTRY (AND WHAT IT MEANS FOR UTILITIES)
  • ORIGINAL REPORTING: HOW SACRAMENTO'S PUBLIC UTILITY IS GETTING IN THE RESIDENTIAL SOLAR BUSINESS
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: HAS APS INVENTED A ROOFTOP SOLAR BUSINESS MODEL FOR UTILITIES?
  • ORIGINAL REPORTING: THE GRID NEEDS INDEPENDENT DISTRIBUTION SYSTEM OPERATORS
  • AND THE DAY BEFORE THAT

  • ORIGINAL REPORTING: HOW SHOULD UTILITIES VALUE SOLAR?
  • ORIGINAL REPORTING: IS PUERTO RICO THE NEW POSTER CHILD FOR THE UTILITY DEATH SPIRAL?
  • THE LAST DAY UP HERE

  • Weekend Video: Reindeer Stresses
  • Weekend Video: Pink Fracking
  • Weekend Video: Fighting Duke For Solar
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    Anne B. Butterfield of Daily Camera and Huffington Post, is an occasional contributor to NewEnergyNews

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    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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    Your intrepid reporter

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • Tuesday, February 05, 2008

    NEW ENERGY – TRUTH IS BETTER THAN MYTHS

    Lisa Margonelli is the rarest kind of oil expert, one not under the financial influence of the oil and gas industry. In a Washington Post think piece correcting myths about oil consumption patterns and advocating for New Energy and energy efficiency development, Margonelli used her independent and authoritative voice to speak out on behalf of the New Energy incentives currently being considered by the U.S. Senate as part of its economic stimulus package. Margonelli: “…in the United States, a fairly miserly tax credit expires this year, and risk-averse investors are holding back from building new plants…” She goes on to outline the huge economic potential New Energy and energy efficiency development represents, a “green gold rush,” and calls for the kind of laws and incentives that would support it.

    On the heels of Margonelli’s piece comes news of a new study from Navigant Consulting that a failure to extend those production tax credits (PTCs) and investment tax credits (ITCs) will put at risk 116,000 U.S. jobs and $19 billion in New Energy investment. Even the President has admitted the economy is teetering. The Department of Labor just announced the first U.S. net job loss since 2003. Now is not the time for Congress to pull incentives from one the nation’s best engines of growth.

    One of the biggest arguments used by recalcitrant politicians (and the utilities and fossil fuel industries that fund them) against New Energy development is that some states don’t have adequate wind or solar resources to drive their states’ economies. The truth is that no state is without New Energy resources of one kind or another, from wind and sun to biomass and wave/tide/current power, and no state can afford NOT to invest in New Energy, the economic and energy infrastructure of the future.

    If a state’s New Energy resources require a longer development time frame, efficiency measures are available for the interim. Margonelli is especially authoritative on the value of efficiency: “U.S. electrical generators lose more heat energy than Japan uses to run its entire economy, which raises the question of whether we need as much energy as we think we do. Anyway, simply recycling waste energy from industry and farming could supply nearly 20 percent of U.S. electrical needs…”


    Investment is booming. Only bad policy decisions from recalcitrant leaders can stop it. (click to enlarge)

    The decision the Senate is presently making about whether to keep New Energy incentives in this economic stimulus package is important and can be influenced by constituents’ voices. Let them know what you want and that you are watching - click: Power of Wind

    5 Myths About Earth-Friendly Energy
    Lisa Margonelli, February 3, 2008 (Washington Post)
    and
    New Study: Delay In Extending Renewable Energy Incentives Risks Loss of Over 116,000 American Jobs
    Christine Real de Azua and Monique Hanis, February 4, 2008 (American Wind Energy Association/Solar Energy Industries Association)

    WHO
    New America Foundation fellow Lisa Margonelli, author of Oil on the Brain: Petroleum’s Long Strange Trip to Your Tank

    WHAT
    With a green gold rush is developing in the world, Margonelli explains that the U.S. needs to see New Energy as an economic arena – “a source of jobs, cash and national influence” – and develop the diplomacy, laws and incentives to support its growth. To do that, it needs to see beyond 5 myths.

    WHEN
    - 2007: $517 billion spent by the U.S. on oil
    - New Energy is expected to quadruple in the next 8 years.

    The U.S. is lagging behind because it has only recently had encouraging incentives - and now Congress is threatening to withdraw them. (click to enlarge)

    WHERE
    - Due to U.S. disregard for New Energy, it trails China and Germany in New Energy production and is behind Japan and most of Europe in energy productivity.
    - Failure to extend the PTCs and ITCs will put at risk 76,000 jobs in the wind energy industry and 40,000 jobs in the solar energy industry. It likely will cost major job losses in Texas, Colorado, Illinois, Oregon, Minnesota, Washington, Iowa, North Dakota, Oklahoma, Pennsylvania, and California.

    WHY
    - Myth: 1. "Green energy" is better at sponging up subsidies than creating jobs.
    - Truth: Wind energy employed 45,000+ in the U.S. and had $9 billion in investments in 2007. The solar energy was a $2 billion industry last year, up from a $200 million business in just 5 years. New Energy 194,000 direct jobs and 446,000 indirect jobs in 2006. Germany, growing faster than the U.S. due to its wise incentives program, has created 35,000+ jobs in solar energy alone.
    - Myth: 2. There are no gushers left in the United States, so we have to look overseas for energy.
    - Truth: The biggest gusher there is would be streamlined efficiency and New Energy capacity. While the U.S. auto industry aims for a 35 mpg standard by 2020, China is already at 36 mpg. The Pentagon has moved to make jet fuel from biofuel. Localities that,like Cambridge, Massachusetts, establish higher community efficiency standards instantly reduce fuel needs.
    - Myth: 3. "Green power" can't deliver the volume of energy we need.
    - Truth: Efficiency measures can potentially save 20% of the electricity the U.S. consumes. A national plan for New Energy development can produce more energy than 75 to 100 coal plants.
    - Myth: 4. Americans are comfortable paying more than $3 for gas. (Otherwise, we'd leave that SUV in the garage.)
    - Truth: Most Americans simply don’t know how much they pay for gas in what are called externalities, or hidden costs - $10.07 per gallon: 51 cents for asthma treatment, $1.21 for pollution abatement, $1.39 for defense expenditures, $5.19 for economic costs. That does not include costs for greenhouse gases (GHGs).
    - Myth: 5. The stock market rewards companies that use energy efficiently and punishes those that don't.
    - Truth: Publicly traded companies are not required to disclose their energy consumption and more than half of the Fortune 50 don’t. Coming cap-and-trade requirements to account for and deal with emissions are likely to change the choices investors make.

    Renewable Energy's potential to generate jobs over the next quarter century should be cultivated, not disrespected. (click to enlarge)

    QUOTES
    - Margonelli: “In 1879, Congress created the U.S. Geological Survey to map the country's resources; today, we should ask the National Academy of Sciences to map new sources of energy.”
    - Bob Epstein, co-founder, Environmental Entrepreneurs (as quoted by Margonelli): “Landmark legislation in the past, such as the 1862 Homestead Act and the 1933 act that created the Tennessee Valley Authority, has used federal resources to spur development. A similar plan for wind, solar and geothermal power on public lands in the Southwest could produce as much electricity as 75 to 100 coal plants…”
    - Margonelli: “…surely it's time to get some good estimates [of the hidden costs of burning gasoline] and print them on gas pumps, receipts and billboards. If this sounds a lot like the surgeon general's warning on cigarettes, it is. We use gas with the same unconscious abandon that 1960s smokers used cigarettes as diet aids. Acknowledging the consequences won't change our habits overnight, but it will change our values over time. (Just ask the tobacco companies.)”
    - Gregory Wetstone, American Wind Energy Association: “This study confirms the huge economic stimulative impact of extending the tax credits for renewable energy…At risk are many thousands of construction jobs, operations and maintenance jobs, and a major shot in the arm for the ailing U.S. manufacturing sector. Shuttered facilities that once provided steel, railcars, trucks, submarines, and household appliances are now being converted to manufacture renewable energy components. Today, however, investors are holding back because of Congress’s delay in extending renewable energy tax credits, undermining one of the brightest and fastest growing areas of the American economy.”

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