December 6, 2024
In the past couple of weeks I’ve read two things I want to recommend that are actually deeply related. The first is Brian Potter’s excellent history of technology analysis of the evolution of the lithium ion battery. Brian’s Construction Physics newsletter is a consistently excellent treasure trove of analysis, from his series on the history of the electricity…
December 6, 2024
Yesterday, The Washington Post published what can only be described as a hit piece on the nominee for Secretary of Energy, Chris Wright. The Post took issue with Wright’s claim that: “[R]eports from the Intergovernmental Panel on Climate Change (IPCC) actually show no increase in the frequency or intensity of hurricanes.” The Post claimed that Wright was misrepresenting the most recent IPCC assessment report….
December 2, 2024
Faculty in U.S. universities overwhelmingly hold views on the political left. That probably won’t be news to most THB readers. Today’s post documents just how extreme today’s left-leaning ideological uniformity has become among professors and shows that in the past, across disciplines faculty were much more politically diverse. The lack of diversity among professors is…
December 2, 2024
Of the American holidays, Thanksgiving is by far my favorite. Over my academic career, Thanksgiving provided a much-needed respite in the final weeks of the fall semester before the home stretch leading to final exams. Much more importantly, the Thanksgiving week is about spending time with loved ones, celebrating family traditions, gathering together around a…
November 25, 2024
Roger Federer spent 24 years as a professional tennis player. Roger Clemens played 24 years in the major leagues. And at the end of next month, I’ll leave my position as tenured, full professor the University of Colorado Boulder after 24 years on the faculty.1 Roger that! Leaving the faculty has motivated me to try to make sense of the…
November 19, 2024
He’s a climate denier! That is the standard reaction of many in the climate lobby when encountering views on climate and energy deviating from the monomaniacal view that climate is the world’s single-most important issue. Reactions from climate advocates to the nomination of Chris Wright,1 CEO of Liberty Energy, to serve in Donald Trump’s cabinet as Secretary…
November 13, 2024
In 2022, on a bipartisan basis, the U.S. Congress passed the Global Catastrophic Risk Management Act of 2022 requiring the Department of Homeland Security to coordinate an expert assessment of global catastrophic and existential risks. The Department of Homeland Security published the first Global Catastrophic Risk Assessment two weeks ago, and reached some important — and one surprising —…
November 12, 2024
Last week, the Financial Times reported that President-elect Donald Trump is considering appointing an “energy czar,” described as: The new energy tsar role and its powers are not yet finalised, but people familiar with the plans said it would co-ordinate Trump’s deregulatory agenda across a patchwork of agencies including the Department of Energy, Department of Interior, Federal Energy Regulatory…
November 8, 2024
A minor brouhaha erupted on social media this week when the editor of Scientific American, Laura Helmuth, in a late-night fit of rage, posted profanity-filled and disparaging comments about those who voted for Donald Trump.1 As often happens in social media brouhahas, many are calling for Helmuth to be fired from her role as editor. However, this…
November 7, 2024
Every fall since 2020 I have been teaching energy economics in Northwestern University’s Master of Science in Energy and Sustainability (MSES) program. I team teach with my friend Mark Witte, and my part of the course is backloaded—natural monopoly theory and regulation in theory and in history, new generation technology invention and adoption, wholesale power markets, digitalization…