FAIR USE NOTICE

FAIR USE NOTICE

A BEAR MARKET ECONOMICS BLOG

DEDICATED TO OCCUPY AND THE ECONOMIC REVOLUTION

OCCUPY THE MARKETPLACE

FOLLOW ME ON FACEBOOK

This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in an effort to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. we believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law.

In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml

If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

FAIR USE NOTICE FAIR USE NOTICE: This page may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This website distributes this material without profit to those who have expressed a prior interest in receiving the included information for scientific, research and educational purposes. We believe this constitutes a fair use of any such copyrighted material as provided for in 17 U.S.C § 107.

Read more at: http://www.etupdates.com/fair-use-notice/#.UpzWQRL3l5M | ET. Updates
FAIR USE NOTICE FAIR USE NOTICE: This page may contain copyrighted material the use of which has not been specifically authorized by the copyright owner. This website distributes this material without profit to those who have expressed a prior interest in receiving the included information for scientific, research and educational purposes. We believe this constitutes a fair use of any such copyrighted material as provided for in 17 U.S.C § 107.

Read more at: http://www.etupdates.com/fair-use-notice/#.UpzWQRL3l5M | ET. Updates

All Blogs licensed under Creative Commons Attribution 3.0

Sunday, March 20, 2011

Renewable Innovation Easier Without Big Money Shifting to Nuclear

firedoglake

Renewable Innovation Easier Without Big Money Shifting to Nuclear

By: David Dayen Sunday March 20, 2011 11:23 am




Speaking about the Fukushima Daiichi nuclear disaster, and the role of nuclear power generally, Michael Chertoff (I didn’t do the booking, so I don’t know either) told Christiane Amanpour on ABC that “At the end of the day, if we don’t use coal, oil, natural gas, or nuclear, we’re going to be sitting around the fire trying to warm ourselves like we did eons ago.”

Once again, we have a public official ignoring renewables completely. To his credit, Bill Richardson did mention renewables (lumping in natural gas with that). But in general, this is how we’ve seen the debate play out in America – you either can burn coal, drill for oil, or build nuclear plants. There is no alternative.

If pressed on this, typically the response is something about the cost-prohibitive nature of renewables, although you have to ignore the cost of cleanups and environmental degradation and the cost in human lives to make that case. But you also hear that renewables are good, but they can’t carry the load alone, and that nuclear must be part of that overall mix. But David Roberts finds a new study which argues that, actually, we may have to choose between nuclear and renewables:

Here, in helpfully condensed form, are the four principal arguments:

1. Competition for limited investment funds. A euro, dollar or yuan can only be spent once and it should be spent for the options that provide the largest emission reductions the fastest. Nuclear power is not only one of the most expensive but also the slowest option.
2. Overcapacity kills efficiency incentives. Centralized, large power-generation units tend to lead to structural overcapacities. Overcapacities leave no room for efficiency.
3. Flexible complementary capacity needed. Increasing levels of renewable electricity sources will need flexible, medium-load complementary facilities and not inflexible, large, baseload power plants.
4. Future grids go both ways. Smart metering, smart appliances and smart grids are on their way. The logic is an entirely redesigned system where the user gets also a generation and storage function. This is radically different from the top-down centralized approach.

Roberts adds that distributed innovation in the renewable sphere would wind up generating more electricity in the long run than the long, slow process of building static, stationary nuclear plants. Once you dedicate resources – and you’d have to dedicate a lot – to nuclear, you sap capital away from greentech that is needed to further that innovation.

Roberts isn’t totally convinced that the dichotomy is this stark. But I think we can say that, once the rhetoric leaves renewables out of the conversation, it will be impossible to bring them back into it. Nuclear plants are very large power generators and they eat up a lot of public and private dollars. The commitment there would not be easily reversed. And in the wake of Fukushima Daiichi, we have to think hard about that commitment.

No comments:

Post a Comment