American Voters Have No Appetite for Sacrifice — But What About Prosperity?
Neil Auerbach is Managing Partner of Hudson Clean Energy Partners, a group with over $1 billion under management. He made a number of points in his presentation at the American Council on Renewable Energy conference in Washington this afternoon that I found interesting.
He began by noting that “99.9% of people who have studied global warming believe in the overall theory. But this doesn’t take root in Washington. Why not? Because it implies sacrifice,” suggesting the obvious — that the concept of sacrifice has only negative value politically.
“But how about growth? How about profit?” he asked. Auerbach then went on to look at the trajectories for huge profit in low-carbon production energy, which is projected to grow to $2.2 trillion annually by 2020.
This will not happen primarily in nuclear or CCS (carbon capture and sequestration), but in renewables. Why? The answer is simple: cost. (more…)



75% of the total fuel consumption on our roads comes from commercial vehicles, and therefore an increase of a few miles per gallon in large trucks has a massive effect on reducing the environmental impact of moving our stuff around. This makes the hybridization or electrification of large trucks a high priority for those concerned about the eco-friendliness of our large-vehicle fleets.



Since the 1970s when environmental concerns first hit the political front,
I’ve been lucky enough to have been referred to one of the most enlightened writers on the planet, Stephan A. Schwartz, who has generously accepted my request to let me interview him for my next book. I invite readers to visit

