The Incomparable Professor Smil. Energy Matters without the spin and The Late Professor Sir David MacKay, Energy Without Hotair.#GrubStreetJournal #GrubStreetScience #GrubStreetEnergy #TheExergist #TheExergyst. Exorcising the stupid from the discourse on Political Economy, Energy and Climate Change Fanaticism.

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http://vaclavsmil.com/wp-content/uploads/2019/03/JPM.2019.pdf

Vaclav Smil is an old favourite on this Blog and his work has figured in many discussions over the years with various Green SJWs in the CLimate Cult religion. This June Lecture, Smil’s JP Morgan Report above and some highlights from Smil’s Blog, A reader on All things Energy and Embodied energy.

 

Energy Returned on Energy Invested, Surplus Energy Economics DataBase ( SEEDS) Embodied Energy Circular Economy.

Click the Link Below and please read this book, written by a Physicist, Engineer and sadly now departed all round good egg Prof. Sir David MacKay. https://en.wikipedia.org/wiki/David_J._C._MacKay

Sustainable Energy - without the hot air Sustainable Energy – without the hot air
by David MacKay

So I can get back to my own number crunching I have made my blogging task easier by leaving what I find pertinent links to the question at the Surplus Energy Economics Blog of Dr Tim Morgan, ( Sorry Tim) Here are the two Blogs and Attachments concerned:

https://surplusenergyeconomics.wordpress.com/2018/03/06/121-interpreting-the-post-growth-economy/

  1. That is a very useful summary and introduction to Surplus Energy Economics Tim.
    There is an online book here,
    http://www.withouthotair.com/Contents.html
    By the late Prof David MacKay

    He talks about the book here at Harvard,

    The Book is an easy read and the examples are very intuitive as they break back to the idea of how many 40 watt light bulbs different energy solutions break down as in per capita energy resources.
    There are some very good Sites which have well-embedded energy databases particularly in the Construction industry which uses 48% of global energy annually building and running domestic and commercial property.
    http://symposium.arch.tamu.edu/2017/ Project Summary: Buildings consume approximately 48% of global energy each year in their construction and operation alone adding proportionally to global carbon emission.
    The problems in Political Economy as it stands presently and the question of future Political Economy based upon future Energy realities are I think helpfully separated which is something Prof. David MacKay is very successful with, in his presentation of the question.

 

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Vaclav Smil does interdisciplinary research in the fields of energy, environmental and population change, food production and nutrition, technical innovation, risk assessment, and public policy. He has published 40 books and nearly 500 papers on these topics. He is a Distinguished Professor Emeritus at the University of Manitoba and a Fellow of the Royal Society of Canada (Science Academy). In 2010 he was named by Foreign Policy as one of the top 100 global thinkers and in 2013 he was appointed as a Member of the Order of Canada. He has worked as a consultant for many US, EU and international institutions, has been an invited speaker in more than 400 conferences and workshops in the USA, Canada, Europe, Asia and Africa, and has lectured at many universities in North America, Europe and East Asia. His wife Eva is a physician and his son David is an organic chemist.
Smil’s History of Energy and Civilisation is a must read, I have re-read it over the past day.
Smil’s work is assiduously empirical and what he says is worth very serious consideration.
Why is “less” so bad?
From Vaclav Smil (Energy at the Crossroads, 2003, MIT press) (emphases in bold are mine, those in italics are the author’s).
“what is called for is a moderation of demand so that the affluent western nations would reduce their extraordinarily high per capita energy consumption not just by 10% or 15% but by at least 24-35%. Such reductions would call for nothing more than a return to levels that prevailed just a decade or no more than a generation ago. How could one even use the term sacrifice in this connection? Did we live so unbearably 10 or 30 years ago that the return to those consumption levels cannot be even contemplated by serious policymakers because they feel, I fear correctly, that the public would find such a suggestion unthinkable and utterly unacceptable?
[…]
“would the billions of today’s poor people be distressed when a generation from now they could experience the quality of life that was enjoyed by people in Lyon or Kyoto during the 1960s?”
…I will ask any European reader … having a good recollection of the 1960s, this simple question: what was so unbearable about life in that decade? What is so precious that we have gained since that time through our much-increased energy use that we seem to be unwilling even to contemplate a return to those levels of fuel and electricity consumption?”
[from pages 338 and 353 of the 2005 edition]
I extracted some of the more prominent pieces from Energy and Civilisation into a blog for my own notes for a couple of projects they are relevant to.
Ayres, Ayres, and Warr (2003) identified the declining price of useful
work as the growth engine of the U.S. economy during the twentieth
century, useful work being the product of exergy (the maximum work possible
in an ideal energy conversion process) and conversion efficiency. Once the
historical data of economic output are normalized (with GDP values
expressed in constant, inflation-adjusted monies and with the national
products used to calculate GWP given in terms of purchasing power parity
rather than by using official exchange rates), impressively strong long-term
correlations between economic growth and energy use emerge on both
global and national levels.
Between 1900 and 2000 the use of all primary energy (after subtracting
processing losses and nonfuel uses of fossil fuels) rose nearly eightfold, from
44 to 382 EJ, and the GWP increased more than 18 times, from about $2
trillion to nearly $37 trillion in constant 1990 monies (Smil 2010a; Maddi-
son Project 2013), implying an elasticity of less than 0.5. High correlations
of the two variables can be found for a single country over time, but the
elasticities differ: during the twentieth century, the Japanese GDP increased
52-fold and total energy use rose 50-fold (an elasticity very close to 1.0),
while the multiples for the United States were, respectively, nearly 10-fold
and 25-fold (an elasticity of less than 0.4), and for China nearly 13-fold and
20-fold (an elasticity of 0.6 )
Many of the catastrophists who tend to comment here seem to do so in a vacuum which allows an ignorance of rather a lot of Empirical data which falsifies their eschatological claims.

 

 

 

Feeding the World. Malthus wasn´t such a miserable old misanthrope apparently.Vaclav Smil, Albert Bartlett Energy Economics and no Alarmism.

Originally posted on Not The Grub Street Journal:
A very Good deal of progress made towards exploring Energy and Entropy in Economics and the Psossibilities of Political Economy without Debt Based Money and a presumption of scarcity. VACLAV SMIL 273 How restrictive are natural factors? Photosynthetic productivity depends on the availability of solar radiation, atmospheric…

Energy and Civilization: A History by Vaclav Smil. Some Extracts Of Note for an Energy Based Currency Unit.

Energy and Civilization: A History by Vaclav Smil My rating: 5 of 5 stars Great Book, Smil manages to get the science across in an accessible style without utilising the memes of the Climate Change Cult. The Book is all the more serious and important because of that. here is a Writer that should be …Continue readingEnergy and Civilization: A History by Vaclav Smil. Some Extracts Of Note for an Energy Based Currency Unit.

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Real World Economics Review censorship and violation of free speech #WrongKindofGreen

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Live Stream Dialogue with John Hearne. A LIVE STREAMED DIALOGUE ON MONEY, BANKING AND POLITICAL ECONOMY. “TINA” THE VILLAGE BIKE OR TEMPLE WHORE.

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Gate Keepers Double Agents False Trails. The Topsy Turvy Helter Skelter of The International Lies Based Order.

  Final Note 231. Throughout this article we’ve made imprecise statements and statements that ought to have had all sorts of qualifications and reservations attached to them; and some of our statements may be flatly false. Lack of sufficient information and the need for brevity made it impossible for us to formulate our assertions more precisely …Continue readingGate Keepers Double Agents False Trails. The Topsy Turvy Helter Skelter of The International Lies Based Order.

Response to Frank Slater, held in Moderation.

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Heisenberg, Gödel, and Chomsky walk into a bar. Neo-Classical Economics is the Joke!

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What Caroline Lucas can do about the Green vote collapse

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WW111 another Colonial Resource War. Culling The Plebs Malthusian Psychopathy Misanthropic Catastrophists

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FOr confirmation Bias in action see comments section of the following.

“The logic here is that the world economy is now in such a parlous state that it can no longer afford the sums previously put aside by savers, but has to channel all output into consumption in order to keep the ship afloat.”

http://www.taxresearch.org.uk/Blog/2015/08/26/putting-the-fundamental-pension-contract-at-the-heart-of-our-macroeconomy/

Neil Wilson says:
August 26 2015 at 7:07 am
“”It’s the secondary sale of tokens that funds the pension scheme.

If I hold Token X as a pension saving, when I retire I sell a Token X to somebody who is currently saving for a pension, and then I spend the money the other person has saved. The income from all the Token X’s I stlll hold plus the ones I’ve just effectively sold to somebody else is what forms a pension in payment.

In other words the money I spend as retirement income comes from somebody else who thinks they are saving for a pension. In reality Token X is just held by a pension company and they change the notional ownership in a database somewhere, depending how nominalised the investment pool is.

Essentially the person saving is ‘taxed’ (increasingly so since we now have ‘compulsory pension savings’) so that the retiree can receive an income. All the Token X holding bit is a charade to make the private sector think they’re doing something useful.

You’d get exactly the same effect if you just put up income tax, scrapped all the pension saving and increased the retirement pension (and made it graduated to reflect earnings).

Then all the pension middlemen can be let go and go off to relieve the skills shortage the CBI is always moaning about.

Pensions are always a current production issue. How much of current production should be reserved for people who have not been involved in creating it today, but have bequeathed a public investment pool by which the current production can occur.””

That comment from Neil Wilson, I think probably my favourite MMT’er and challenging Richard Murphy, with whom I have some strong disagreements over the Green New deal with. sets the limits on what Pension Saving really represents under the Fiancialised View of the Dismal Science.

Here in a supposedly energy Savvy DIscussion community, I would expect the discourse to be rather more advanced with its prescriptions for the ailments to follow the coming sickness in the aged and likely terminal Patient of the Debt-based dollar hegemon.

The Economic System, The Financial System and the Economy are separate even within the financialised Economic Regime currently crumbling, and under which we all persevere. Of course, the World Economy is an Energy system and is Resource-Based. The Energy, the resources and the demand remains exactly as they were the day after a financial collapse as they were the day before. the only thing that changes is the ability to communicate and express that demand through the Financial media at our disposal.

The bourgeoisie and narrow viewpoint adopted in the chattering classes regarding our own interface with the Lived day to day experience of the “reality-based” pantomime does not change the fact that the headlines are not the News and are certainly nothing to do with daily life and the potential that exists with all the tools at our Individual and community networks.

I really do feel that when a more clued up blog and discussion group like this lapses back into the formulaic and hackneyed language of “Unfunded Pension provision” without blushing at the vacuous circularity of such a statement, we should after sharing the Joke dig a little deeper and try a little harder to practise that which we preach. When, supposedly, it is obvious to those of us regulars here that the Economy is, in fact, an energy transformation system, we can expect very little better from the clowns who are supposed to be running the show, if we ourselves do not apply our own insights to all aspects of the system in a more vigorous manner.

One thought on “The Incomparable Professor Smil. Energy Matters without the spin and The Late Professor Sir David MacKay, Energy Without Hotair.#GrubStreetJournal #GrubStreetScience #GrubStreetEnergy #TheExergist #TheExergyst. Exorcising the stupid from the discourse on Political Economy, Energy and Climate Change Fanaticism.

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