I recall speculating about the possibility of a feed-in tariff for power to gas hydrogen in Germany yesterday.
Meanwhile I noticed that there is a precedent for this in the EEG, which is the feed-in tariff for mine gas.
Mine gas is mostly methane that comes with extracting coal. It needs to be pumped out anyway to ensure the safety of the mining process. And burning it for electricity is less of a burden to the climate than just dumping the methane into the atmosphere.
Recently legislation to further slow down renewable energy in Germany passed Parliament on July 8th (link to the debate in the Bundestag, link to the debate in the Bundesrat).
One of the motives of supporters of the transition to a much slower development of renewable energy seems to be that they are worried about the ability of the grid to cope with rising production. This is most easily understood with offshore wind. If you don’t have a power line in place for your offshore project,
Good news from the United States: The Obama administration is coming up with a “Desert Renewable Energy Conservation Plan”, according to Carolyn Lochhead at the San Francisco Chronicle.
That plan would make available up to 2,000 square miles of desert public land available for large scale solar development.
Of course some “environmentalists” worried more about desert turtles than about global warming are opposing the plan. They actually argue that having solar panels would be
Today Bitcoin reaches 75% of all bitcoins ever created, which means that the mining rewards will be cut in half from 25 to 12.5 bitcoins. The last time (and first time) that happened was on November 12, 2012, when 50% of bitcoins were created and the reward dropped from 50 to 25.
For the occasion, I tried to look at what the reddit Bitcoin forums said the last time around. Unfortunately, there is no snapshot at the Wayback Machine for that particular day, so that proved impossib
Roger Ver pointed to a graph showing that Bitcoin transaction fees are rising and said that this chart should worry everyone.
I for one am not worried about this point.
If people are paying transaction fees, that means that they attach value to those transactions.
If people are paying rising prices for bitcoins, as they are lately, that means that they attach value to those bitcoins.
All things equal, I prefer having both of those values rising to having them f
Having followed proposals to store CO2 in minerals like olivine on this blog, I found this recent story about an experiment in Iceland interesting.
The basic idea was to dissolve CO2 in water (like in your soda drink can). Then pump the water under pressure underground into an environment rich in minerals that will react with the CO2 to form various rocks.
The experiment was a success. 95 percent of the CO2 was converted to rocks in less than two years.
The author of t
Mongolia has decided to change their postal address system. The new system will be based on GPS.
But it will also use a service that maps GPS coordinates (difficult for humans to remember) to three random words (easy for humans to remember).
It is called “What Three Words” and has mapped the whole world with an accuracy of three by three meter squares.
It is to GPS what the domain name system was to the Internet. It makes it possible for people to remember GPS addresse
This is a book review.
Neil Stephenson, Seveneves, May 2015. I heard about this from a recent blog post by Bill Gates.
One interesting aspect is the fact that this book takes a very long term perspective. The first sentence of the last part is: “5000 years later”. And one of Gates’ observations reads: “The other thing that struck me is the way the book pushes you to think big and long-term.”
Those 5000 years come from the basic plot of having the moon blow up
One of the main themes I am exploring here is how to assure that phasing out fossil fuel is done in a way that increases fossil fuel company profits while solving global warming at the same time.
My idea is to voluntarily reduce production, watch prices go up, and compensate for the inevitable lower volume of sales with higher prices.
Unfortunately, Saudi Arabia (a large oil producer) seems to be moving in exactly the opposite direction.
Jim Krane writes at Foreign Aff
The Third Chamber of the General Court of the European Union has ruled on the action Germany brought against the Commission power grab. They agree with the Commission view that the 2012 version German feed-in tariff is “State Aid”. That in turn gives the Commission the power to make all sorts of demands on the German legislation.
I won’t discuss the reasons for that Court decision in detail. Essentially they explain in much detail that the 2012 system is different from the one ruled n