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Thesis & Antithesis

A critical perspective on energy, international politics & current affairs

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Location: Washington, D.C.

greekdefaultwatch@gmail.com Natural gas consultant by day, blogger on the Greek economy by night. Trained as an economist and political scientist. I believe in common sense and in data, and my aim is to offer insight written in language that is clear and convincing.

03 September 2006

Alternatives, and alternatives

This excerpt from this week’s Oil & Gas Journal rather well the dangers inherent in policy that believes alternative energy is superior merely because it is alternative:

When alternatives to hydrocarbon energy are promoted simply for being alternatives, questions should arise about their effects on consumers, about their costs to taxpayers, about their own environmental consequences, and about how much energy they really can provide. This doesn’t mean resisting nonhydrocarbon energy, the development of which now is crucial to supply later. It means simply that nonhydrocarbon energy will fare best in the long run if decisions about it are made within a framework of market-based principles, oriented to consumer and taxpayer interests and designed to keep expectations realistic.

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