Tag Archives: energy

Ten years after Fukushima

What happened? At 14.46 on 11 March 2011, the largest earthquake ever to hit Japan started in the Pacific Ocean about 72km (45 miles) from the Japanese coast. Occurring in fairly shallow waters, the earthquake caused a tsunami with a maximum height of 15m (49 ft.), which struck the coast about 50 minutes later with… Continue Reading

The importance of infrastructure

People paid to worry about bad stuff happening concluded long ago that one way to destroy the USA as a functioning state would be to explode a high altitude nuclear weapon above the country; the resulting electromagnetic pulse (EMP) would destroy practically all electrical equipment, including the large transformers that make the electrical grid work.… Continue Reading

Why an abrupt tightening of climate change policy may be our only hope

To spend time with climate scientists and energy economists these days is to take part in an increasingly tortuous mental conflict. Outwardly, scientists, policy analysts and academics hoping to influence policy must remain positive and optimistic, while keeping a strong sense of urgency. Privately, many are in despair at the lack of progress on cutting… Continue Reading

Natural gas is not (yet) a global commodity

A global commodity, in economic or investment terms, is a standardised, homogeneous good that sells for the same price everywhere, subject to transport costs and tax. Oil is the classic global commodity. A┬áchart from the IMF World Economic Outlook, just published in October 2014, shows that natural gas isn’t. But it probably will become more… Continue Reading