The Green Bubble: Our Future Energy Needs and Why Alternative Energy Is Not the Answer

The fact is, we are hopelessly addicted to energy. It is the thin glue that holds our civilized world together and life without it would be unthinkable. That would be challenging enough in itself, but we have an additional problem. Our “drug” has unpleasant side effects—the emission of greenhouse gases and other pollutants associated with fossil fuels. This book answers the fundamental, urgent question of how do we keep the lights on in 2030, or 2040, or indeed 2050, while keeping our planet alive? Politics drives energy policy as much or even more than economics, and the two don’t always pull in the same direction. As a result, speculation and a financial bubble is being created in the green energy sector, as governments offer “free money” to companies to come up with renewable energy sources. But as the author argues, this is less of a solution to our energy needs and more of a political tactic. The real solution to our future energy demands as well as controlling the environmental crisis in fact lies in gas and, most controversially, in nuclear power.

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The Green Bubble: Our Future Energy Needs and Why Alternative Energy Is Not the Answer

The fact is, we are hopelessly addicted to energy. It is the thin glue that holds our civilized world together and life without it would be unthinkable. That would be challenging enough in itself, but we have an additional problem. Our “drug” has unpleasant side effects—the emission of greenhouse gases and other pollutants associated with fossil fuels. This book answers the fundamental, urgent question of how do we keep the lights on in 2030, or 2040, or indeed 2050, while keeping our planet alive? Politics drives energy policy as much or even more than economics, and the two don’t always pull in the same direction. As a result, speculation and a financial bubble is being created in the green energy sector, as governments offer “free money” to companies to come up with renewable energy sources. But as the author argues, this is less of a solution to our energy needs and more of a political tactic. The real solution to our future energy demands as well as controlling the environmental crisis in fact lies in gas and, most controversially, in nuclear power.

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The Green Bubble: Our Future Energy Needs and Why Alternative Energy Is Not the Answer

The Green Bubble: Our Future Energy Needs and Why Alternative Energy Is Not the Answer

by Per Wimmer
The Green Bubble: Our Future Energy Needs and Why Alternative Energy Is Not the Answer

The Green Bubble: Our Future Energy Needs and Why Alternative Energy Is Not the Answer

by Per Wimmer

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Overview

The fact is, we are hopelessly addicted to energy. It is the thin glue that holds our civilized world together and life without it would be unthinkable. That would be challenging enough in itself, but we have an additional problem. Our “drug” has unpleasant side effects—the emission of greenhouse gases and other pollutants associated with fossil fuels. This book answers the fundamental, urgent question of how do we keep the lights on in 2030, or 2040, or indeed 2050, while keeping our planet alive? Politics drives energy policy as much or even more than economics, and the two don’t always pull in the same direction. As a result, speculation and a financial bubble is being created in the green energy sector, as governments offer “free money” to companies to come up with renewable energy sources. But as the author argues, this is less of a solution to our energy needs and more of a political tactic. The real solution to our future energy demands as well as controlling the environmental crisis in fact lies in gas and, most controversially, in nuclear power.


Product Details

ISBN-13: 9781907794896
Publisher: LID Publishing USA
Publication date: 03/01/2016
Pages: 256
Product dimensions: 6.10(w) x 9.30(h) x 0.80(d)

About the Author

Per Wimmer is an investment banker who specializes in mining, oil and gas, and alternative energy companies. Prior to founding the financial bank Wimmer Financial, he worked at Goldman Sachs in New York and London. He is also an adventurer and future space tourist and has booked three trips to space.

Table of Contents

Chapter 1 Getting Our Fix 9

Coal 14

Oil and Gas 20

Nuclear 26

Hydro 29

Chapter 2 A Cleaner Habit? 31

Solar 36

Geothermal 39

Wind 41

Wave 44

Tidal 46

Biomass 48

Chapter 3 The Greening of Transport 52

Biodiesel 53

Bioethanol 54

Second-Generation Biofuels 56

The Electric Car 59

A Better Battery? 61

A Bigger Battery? 65

Or Something Completely Different? 66

Chapter 4 The New Energy Entrepreneurs 69

Chapter 5 It's Not Easy Being Green 85

Chapter 6 Cheap and Easy Green 107

Chapter 7 Europe's Losing Bet 119

Chapter 8 Bubble Trouble 128

Chapter 9 The Right Prescription 153

References 176

Endnotes 178

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