The mission of the Center for Industrial Progress is to inspire Americans to embrace industrial progress as a cultural ideal.
CIP was founded by Alex Epstein, a philosopher and keynote speaker, whose book “The Moral Case for Fossil Fuels” became a New York Times bestseller. His writings on energy and energy policy have been published in The Wall Street Journal, Forbes, Investor's Business Daily, and dozens of other publications. He is a Principal blogger for MasterResource, the leading free-market energy blog. Mr. Epstein's weekly podcast, "Power Hour," features discussions with leading energy thinkers including author Robert Bryce ("Power Hungry"), climate scientist Dr. Richard Lindzen (MIT), and energy economist Michael Lynch (EnergySEER). Mr. Epstein's writings on philosophy, business, and energy have been featured in 10 books, including, most recently, Why Businessmen Need Philosophy.
For more information on CIP and its philosophy and practices, see our website, linked below.
This presentation is three years old. Even when new Mr. Mill's presentation was dated. His graphs were old and renewable energy has made great strides.
Cargo shipping can be entirely powered by uranium (which would also allow shipping to ignore canals and their size restrictions, because atomic-powered ships can simply steam at high-speed the long way around). But I understand your point, Alex, that transitioning all of shipping to uranium-power isn't going to happen overnight.
Given the current attitude wrt nuclear power, I don't see atomic powered cargo ships anytime before my great-great grandchildren are old and gray, and that's if our civilization survives the current concerted efforts to scuttle it.
That's a laugh. The mean for a windmill to become energy-neutral in Oklahoma is 4.8 months. It's pure profit from that point until it is torn down, subtracting maintenance. That's why Evergy of Kansas City receives over 40% of its electricity from Oklahoma. There is a 100-mile-wide strip that runs from Texas through North Dakota, into Canada where virtually no one lives. The wind blows so steadily and often, the grass fires burn every farm in that area to the ground. If you get a windmill put up in that area and get it hooked up to the grid system, it is a money-printing machine.
Oklahoma is one of the best examples of an open market system allowing all technologies to compete. Nuclear and coal get killed. The best? Windmills. Sorry, Alex, You are wrong.
Wind is *_forced onto the grid_* in Oklahoma, *_at negative prices,_* just like everywhere else in the US. The goal of this is permanent-blackout. "The IRA offers a production tax credit (PTC) of $3/MWh and an investment tax credit (ITC) of 6% but those numbers can increase more than five-fold if developers meet local labour and supply criteria."
@@aliendroneservices6621 That's a laugh. For a windmill to become energy-neutral in Oklahoma, the mean is 4.8 months. From that point until it is torn down, subtracting maintenance, it's pure profit. That's the reason Evergy of Kansas City receives over 40% of its electricity from Oklahoma. There is a 100-mile-wide strip that runs from Texas through North Dakota, into Canada where virtually no one lives. The wind blows so steadily and often, the grass fires burn every farm in that area to the ground. If you get a windmill put up in that area and get it hooked up to the grid system, it is a money-printing machine.
We are being held back by a 40 years past obsession with "The Bomb!!" that has nothing whatever to do with nuclear energy but because too many people are too lazy to learn about that we are stuck with morons pushing "green energy" that makes life harder.
17:16 Alex talks about nuclear waste and says, the waste is one of the easiest forms of waste to deal with, yet never explains precisely why it is. So, Alex why is it the easiest from of waste to deal with compared to all the other waste producing process that extract Energy from Matter?
*_Density._* Denser fuels give you *_more_* of what you want, and *_less_* of what you don't want. The densest established-fuel is uranium. Explore *_Deep Isolation,_* possibly the simplest form of spent-fuel disposition (short of sea-bed kinetic-penetration, which is unpopular for unknown reasons).
Because the quantity of it is very small vs other energy sources. Lithium mining creates huge toxic tailings ponds, decommissioned wind and solar fills up landfills full of non recyclable waste, hydroelectric floods vast areas of habitat, oil creates large quantities of sour polluted water. Natural gas is fairly clean and only leaves behind a small lease and well head. Nuclear leaves behind tiny quantities of depleted waste that is easily contained. The uranium came out of the earths crust in the first place. It's radioactive naturally and it's all over the place in the crust. Putting spent nuclear material back in the ground is putting back less radioactive material then what was mined in the first place. Oil sand is a similar Mechanic. The original ground was soaked in oil. What goes back is sand with the oil removed from it. Its far cleaner when they are done then what was there naturally.
Insidious = straw-man. The kind of things you do, if you have more energy, is healthier. Cook without burning dung, which could have been fertilizer, cook without burning inside your home... it's just a start.
I agree with Alex. I wish a state, or city, would experiment with abolishing govt-sponsored monopolies for utilities. Let's see what the market does. How much competition would arise? Using what technologies? What would succeed? Fail?
Spot on as usual, Alex. The green mafia brought us record inflation shifting the economy such that people who were struggling are even more screwed by weak-kneed academics and grifter politicians. And the truth is, it will never even move the needle on the climate, even if the west surrenders their comfortable standard of living.
That's not adequate labelling if you ever read Alex's books. On the other hand, he could use some R.E. Feist's novels, most notably Merchant Prince. Why competition, when you can pay people whose authority is protected by law of some form to claim your competitors are wasting finite resources, thus damaging society?
@@lordkelvin441You want Alex to read a fictional, medieval, fantasy novel to achieve what exactly? A better understanding of real-world economics and energy?
@@joshuagould548 It's same type of 'medieval fantasy novel' as one written by Rand's student, Terry Goodkind. It provides good metaphor of one specific real world phenomenon that is crucial in pushing NZ policies, yet one that Alex never tackled. Naming Ehrlich, but not his sponsors A. Peccei and his old. US-based friend, grandson of certain 'humanity's hero'...
Coal consumption has been crashing in the last several years. The reason is cost. Coal $110 per megawatt Off Shore Wind $66 per megawatt Natural Gas $45 per Megawatt Solar PV $44 per Megawatt On Shore Wind $39 per Megawatt That's not the whole story. The cost of batteries has dropped like an airplane with a wing shot off. Energy Dome's cost per megawatt is 1/4th the cost of a lithium-ion grid system. This system will destroy peaker plants and eliminate the advancement of small nuclear reactors. All of Energy Dome's technology is off-the-shelf.
I'm sorry.. possibly interesting content but it really is very hard to take you seriously with that face.. I'm sorry you are dysmorphic and have probably spent a lot of money to look so deformed but it's hard to watch and not to comment.. I think this is almost normal now in America..? but to the rest of the sane world it remains bitterly sad and upsetting..
Yeah, except a lot of renewable energy makes sense where I live. Most energy is renewable and it comes from this massive dam which mind you isn't even good for the environment. It runs all the time and requires very little maintenance. There's also many solar panels which are cheaper in the long run as well. So starting up the coal power plants aren't going to help us. Maybe nuclear power plants, maybe.
@@aliendroneservices6621 When Donald Trump left the Oval Office, it was difficult to find toilet paper on the store shelf. Now we have record employment. The trickle-down effect simply doesn't work. The Republicans destroy the economy and the Democrats have consistently rebuilt it for the last 6 presidential cycles. How quickly you old people forget.
As an engineer, I have no interest in eliminating the global impact on climate. I'm interested in minimizing the impact on climate. That means decreasing the 8.8 million deaths from fossil fuels. To do this, we need to decrease the consumption of fossil fuels. How? For every BTU from fossil fuels, you can produce 18 BTUs from windmills or 9 BTUs from solar panels. Alex Epstein would lead you to believe fossil fuels are better. The truth is fossil fuels are 30% more expensive than renewables. Renewables price continues to drop, making nuclear, coal, oil, and natural gas noncompetitive. As technology advances, fossil fuels will become less and less viable. Fossil fuels will probably never go away. Neither did horses. When was the last time you rode a horse?
Wind and solar are useless, otherwise *_Gigafactory 1_* would (as promised by Elon) be off-grid powered by at least one of them. Turning fossil-fuels into wind and solar hardware is pure government-forced waste. "...fossil-fuels are *_30% more expensive_* than [wind and solar]." Wind and solar are *_infinitely-expensive,_* on a sustained basis. They rely on fossil-fuels for their mere existence. No fossil-fuels = no wind or solar.
@@EddieVBlueIsland I love electronics, so in 2008, I completed my master's degree in electrical engineering. The market crashed. I couldn't get a job. My old man paid off my student loans and sent me back to college. I then completed a master's degree in mechanical engineering. Since my father had a Master's degree in civil engineering and spent 37 years in industrial engineering, I already had a math and physics background before I got out of high school. Dad's uncle was a physicist who trained him when he was young, so he started college when he was 15. Dad wouldn't agree for me to start at 15 because he didn't want me to be screwing 20-year-olds at 15 like he did. My answer to you is not only do I have the natural IQ, I am also a 3rd generation engineer as well.
There's also an idea advocated by J. J. Rousseau called 'noble savage'. As a philosopher you're probably familiar with it, and looks like it's masterfully exploited along 'finite resources' discourse by descendants of a man you tend to call 'humanity's hero', though 'hero turned megalomaniac menace' would be more apt description...
For every 1 BTU of fossil fuels, you can produce 18 BTUs of windmills or 9 BTUs of solar panels. Renewables are a direct competitor of fossil fuels. We're not going to stop using fossil fuels. We are simply going to get more bang for the buck.
"[Wind and solar] are a direct competitor of fossil-fuels." Because wind and solar can't power any factories or countries, and because they rely on a continuous input of fossil-fuels for their mere existence?
Stage 1: cheap oil Stage 2: not-so-cheap oil Stage 3: expensive oil Stage 4: portable fusion generators My guess is that we will reach Stage 2 in about 300 years.
See the 2005 Simmons-Tierney bet on imminent $200/bbl oil. We have a 150 year history of continuous predictions of unaffordable oil *_"within 10 years"._* Meanwhile, there remain at least 50k years' worth of the 3 main fossil-fuels: Coal Oil Natural gas
Decades. Not forever or even centuries so may as well change because we need to anyway. It’s only cheap (sorta) cos we’ve been on the problem about 100 years. Let’s go!
Why do we need to change it? How do wind and solar become cheap when they are already unreliable? You can’t control the sun shining or the wind blowing.
100% backup of solar and wind with solar and wind will need its own backup...100%. The current push to solar and wind is being made by people who haven't a clue about what a free society needs or wants. As it turns out, "green energy" is a mixture of nuclear, natural gas, coal, hydro, and oil. Solar and wind are intermittent sources for remote locations that do not require a constant supply.
'Renewables' are enormously expensive while you're building 100% backup. When they (renewables) fail when your life depends on having available electricity, they become infinitely expensive!
