GDP Archives - Michaels Energy

Dec 21

Clean Power Plan v the World

By Jeff Ihnen Energy Rant No Comments

Last week, a colleague asked about my take on climate change. This is a wide open question, and my response was babbling and incoherent. Having some time to forge a coherent response, there is nothing in the technological pipeline, nor is there an existence of policy with teeth that will make a significant difference from status quo. Happy Holidaaaayyyys! Happy Holidaaaayyyys! While the merry bells keep ringing… Assume the Clean Power Plan (CPP) survives the blizzard of court cases and is successful by the year 2030. Consider the 32% reduction goal of the CPP by 2030. Using round numbers, if…

Oct 29

Love0

f(x) where x = Energy Cost

By Jeff Ihnen Energy Efficiency, Energy Rant, Government One Comment

It has been a while since I’ve picked on an economist for his or her seemingly foolish statements and theories (other than the Ben Bernanke but I’ll get back to him later). Ed Dolan, university / government wonk, states in an interview that there is no lock-step relationship between economic growth and energy cost. Rather, the world’s best performing economies have substantially increased their energy efficiency in terms of energy consumption per gross domestic product (GDP). He states while the OECD countries (Organisation for Economic Co-operation and Development) - about 35 mostly free countries – increased efficiency by an average…