High energy use (power consumption) increases wealth, health and education levels. Since the beginning of the Industrial Revolution, most energy has come from fossil fuels: coal, oil and natural gas. Whatever the eventual lifetimes of these fossil energy resources, they are not renewable. Sooner or later, fossil energy will not be available to underpin our prosperity.
Thus non-renewable energy is not a long-term option. We must have renewable energy if we are to maintain high living standards among advanced economies, and if more people in developing nations are to access enough energy to develop their human potential. But how much energy is enough?
I think we need to have this discussion prior to making any recommendations or conclusions on policy. If human beings, and Americans in particular, require a certain amount of energy of different qualities (for heat, electric power and mobility), then those needs are what policy should seek to provide. But we must first outline our needs, as best we know them, and then have the policy discussion based on those facts.
In setting energy policy, is it a sound – or necessary – approach for government to identify a specific level of baseline energy that is essential for each individual?
It’s not for policymakers or legislators to decide how much energy people need–either in total or for particular uses. It is too complex a problem for centralized decisions. Nor is… Read more »
While we can use data on existing energy use and project future demand under various technological, economic, policy, demographic, and other scenarios to help us guide policy, I agree with… Read more »
I agree with David Kreutzer. Markets exist to enable individuals to demonstrate their preferences. Welfare economics attempts to find ways to internalize impacts that fall outside the marketplace. But those… Read more »
In terms of simply understanding our current situation and options, Dale is asking an important question. But it needs framing. As mooted in the title, “how much energy is enough”,… Read more »
There are over 25 recent studies that show with existing commercial technologies we can meet most or all of our energy needs in the USA and the world. The basic… Read more »
Studies are fine but the market determines how much and what kind of energy people will use.
I want to thank everyone who has commented on my original post. Let me clarify a few things, in case they are in doubt, then reframe/reask my question. I am… Read more »
I take Dale’s latest question as essentially rhetorical: It seems aimed at establishing a national goal of reducing oil consumption to some “right” level. I see some problems both with… Read more »
No, Dr. Perelman. The question was not rhetorical. I am dead serious about the question as I thought its framing made clear. If you assume, at least for the sake of argument, that in… Read more »