Tag Archives: risk

GAO asks Congress to prepare for Peak Oil

[The Department of Energy (DOE) asked Robert Hirsch to come up with a peak oil risk management and mitigation plan which was published in 2005.  Nothing happened, so in 2007 the Government Accountability Office asked Congress to prepare for Peak … Continue reading

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Nuclear power is too expensive, 37 costly reactors predicted to shut down

[Cooper leaves out the cost of nuclear waste storage, which makes the economics of nuclear plants even worse than in the article below (see his testimony before the Nuclear Regulatory Commission). Since this paper was written, the Vermont Yankee plant was … Continue reading

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The Banking system is a House of Cards

Lynn Parramore. April 21, 2015. Our Banking System is a Giant House of Cards. Money & Banking. It Could Fall On You. Anat Admati teaches finance and economics at the Stanford Graduate School of Business and is co-author of The … Continue reading

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Extreme Events. CEC 2011. Variable distributed generation from solar and wind increase the chance of large blackouts

Morgan, M., et al.   (Pacific Northwest National Laboratory, University of Wisconsin-Madison, Electric Power Research Institute, BACV Solutions, Southern Company, CIEE, University of Alaska – Fairbanks, and KEMA). 2011. Extreme Events. California Energy Commission. Publication number: CEC-500- 2013-031. Figure 18: BLACKOUT … Continue reading

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Professor Tad Patzek on Oil in the Arctic

[Shell spent 10 years and $7 billion before withdrawing from exploring the arctic because the oil and gas reserves they found were too meager.  The company needed “a multi-billion barrel discovery” to “justify going ahead,” Shell chief executive Ben van … Continue reading

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