John Petersen

Climate Change: How to Invest for the Possibility

The ultimate silliness of the AGW debate is that regardless of what nanny decides for the US and Europe, other parts of the world will simply rub their hands together and say "Oh goodie, more for us." The hard reality is that total global consumption of carbon will be a flatline in either event.

The Truth About Fossil Fuels and Renewable Energy (Part II)

Another great article that only leaves one bone to pick. Coal and nuclear have to run 24/7 at stable levels or they break. NG can ramp up or down at the whim of the operator. To maximize the efficiency of base-load coal and nuclear, we need to get to cost effective energy storage so that none of the excess electricity is sent to ground. Then we can rely on a combination of NG, wind, solar and more storage to take care of daily and seasonal power demand peaks. Regardless, we need every tool in the box and a number that have not been invented yet. Thanks for taking a rational macro approach to a problem that most want to ignore.