A Quote by Charlie Munger
I know just enough about thermodynamics to understand that if it takes too much fossil-fuel energy to create ethanol, that's a very stupid way to solve an energy problem.
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I like the analogy that the way that we live in Western Society, the energy that we consume in the form of fossil fuels, is the energy equivalent in pre-fossil fuel terms of having 500 slaves.
...A one-pound box of prewashed lettuce contains 80 calories of food energy. According to Cornell ecologist David Pimentel, growing, chilling, washing, packaging, and transporting that box of organic salad to a plate on the East Coast takes more than 4,600 calories of fossil fuel energy, or 57 calories of fossil fuel for every calorie of food.
We don't know how to use energy or what to use it for. And we cannot restrain ourselves. Our time is characterized as much by the abuse and waste of human energy as it is by the abuse and waste of fossil fuel energy.
This curious faith is predicated on the notion that we will soon develop unlimited new sources of energy: domestic oil fields, shale oil, gasified coal, nuclear power, solar energy, and so on. This is fantastical because the basic cause of the energy crisis is not scarcity: it is moral ignorance and weakness of character. We don't know how to use energy or what to use it for. And we cannot restrain ourselves. Our time is characterized as much by the abuse and waste of human energy as it is by the abuse and waste of fossil fuel energy.
Simply from greening our energy system and eliminating fossil fuel pollution, we get so much healthier that the savings in health care alone are enough to pay the costs of the green energy transition and would repay those costs in approximately a decade and a half in savings.
Just as fossil fuels from conventional sources are finite and are becoming depleted, those from difficult sources will also run out. If we put all our energy and resources into continued fossil fuel extraction, we will have lost an opportunity to have invested in renewable energy.
By increasing the use of renewable fuels such as ethanol and bio-diesel, and providing the Department of Energy with a budget to create more energy efficiency options, agriculture can be the backbone of our energy supply as well.
Of course methane is a fossil fuel, but as long as it is burned efficiently and fugitive emissions of methane gas are minimised, it is a less harmful fossil fuel than coal and oil and is an important way-station on the global journey towards low-carbon energy.
Renewable energy fits well into the conservative mindset by allowing competition into the energy markets so that consumers have choice. The system as it is, with big utilities monopolizing the energy playing field or fossil fuel energy being given massive subsidies so that they are on a kind of corporate welfare, is the antithesis of conservative principles.
We could do some household and neighborhood or town wind energy. But even this will run up eventually against the problem of needing an underlying fossil fuel economy to fabricate the hardware. Same with photovoltaic (solar) energy. We're going to be disappointed by what these things can do for us.
Every candidate running for president has got to answer the following very simple question: At a time when we need to address the planetary crisis of climate change, and transform our energy system away from fossil fuels and into energy efficiency and sustainability, should we continue to give $135 billion in tax breaks and subsidies over the next decade to fossil fuel companies?
Energy markets can be thought of as suffering from appendicitis due to fossil fuel subsidies. They need to be removed for a healthy energy economy.
We're clearly coming to the end of the fossil fuel era. We have the technology to shift to renewable energy, we have the will of the people. The only thing that's keeping us back is the fossil fuel industry's hold on our political system. That's what we need to change.
While we've doubled renewable energy, it was only a tiny portion of the energy portfolio to start with. But what we did was totally take the lid off fossil fuel extractions in every way imaginable. On the day following [Barack] Obama's trip to the Louisiana floods, you know, we had, I think, another 25 million acres that went on sale in the Gulf for further extraction.
Improved energy productivity and renewable energy are both available in abundance—and new policies and technologies are rapidly making them more economically competitive with fossil fuels. In combination, these energy options represent the most robust alternative to the current energy system, capable of providing the diverse array of energy services that a modern economy requires. Given the urgency of the climate problem, that is indeed convenient.
In my 20s, I used to have a lot more energy! I was this skydiving, bungee-jumping adrenaline junkie. I don't know what happened to me! Now that I'm in my early 30s, I've put all that energy into my work, although I'm still a little ridiculous. In your 30s, you're sensible enough to know better, but still stupid enough to do stupid things.
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