Re: Re: Re: Re: energy crises

2000-06-29 Thread Michael Perelman
- > From: Michael Perelman <[EMAIL PROTECTED]> > To: [EMAIL PROTECTED] <[EMAIL PROTECTED]> > Date: 27 ÉÀÎÑ 2000 Ç. 22:47 > Subject: [PEN-L:20749] Re: Re: energy crises > > >Nordhaus assumed that there would always be an available "backstop" > >technolog

Re: Re: Re: Re: energy crises

2000-06-29 Thread M A Jones
You have Yeltsin here? Cool. Mark Jones http://www.egroups.com/group/CrashList - Original Message - From: "GBK" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Thursday, June 29, 2000 1:45 PM Subject: [PEN-L:20935] Re: Re: Re: energy crises But I do keep receivi

Re: Re: Re: energy crises

2000-06-29 Thread GBK
N-L:20749] Re: Re: energy crises >Nordhaus assumed that there would always be an available "backstop" >technology. I think that he had nukes in mind at the time. > >-- > >Michael Perelman >Economics Department >California State University >[EMAIL PROTECTED] >Chico, CA 95929 >530-898-5321 >fax 530-898-5901

Re: Re: RE: RE: RE: Re: energy crises

2000-06-28 Thread M A Jones
Max Sawicky wrote: > I just don't believe it. When fossil fuels become > sufficiently expensive, massive efforts will go into > developing alternatives. There will be a lot of money > to be made, coordination problems aside. To me > that's more likely than green consciousness leading > to revo

Re: Re: RE: Re: Re: energy crises

2000-06-28 Thread M A Jones
Brad deLong wrote: > Ummm Brad, you may end being known as the man who put the 'um' in 'dumb'. Do you suppose Simon's bet with Ehrlich is safe ground for you to stand on? You too, simply have no idea what the issue is. Mark Jones http://www.egroups.com/group/CrashList

Re: Re: Re: Re: energy crises

2000-06-27 Thread Michael Perelman
Nordhaus knows more math than the freshman. Eugene Coyle wrote: > What's the difference between Nordhaus' theory and Freshman NC econ -- > "the market will solve the problem"? > > Gene Coyle > > Michael Perelman wrote: > > > Nordhaus assumed that there would always be an available "backstop" > >

Re: RE: energy crises

2000-06-27 Thread Bill Burgess
Just to be clear, I was not referring to the accumulated natural production over millions of years (see below), but to the 'proven reserves' that are a function of current technology and priceand world politics. If Mark rejects the 'official' estimates of (rising) oil reserves I quoted, ho

Re: RE: Re: Re: energy crises

2000-06-27 Thread Brad De Long
>Bill Burgess wrote: > >> Sent: 28 June 2000 00:58 >> To: [EMAIL PROTECTED] >> Subject: [PEN-L:20785] Re: Re: energy crises >> >> >> I forget who Simon's bet was with (Paul Erlich?), but it is >> undeniable that >> better tec

Re: RE: RE: RE: Re: energy crises

2000-06-27 Thread Max Sawicky
> Max, I'm not sure it *would* take to shake your sang-froid, the point I was > making was the opposite, ie, despite fatuous assertions to the contrary, You're doing a good job. This is all a scenario for political disaster, I might note. By the time the shit hits the fan, it's too late to do a

RE: RE: Re: RE: Re: energy crises

2000-06-27 Thread Mark Jones
/CrashList > -Original Message- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED]]On Behalf Of Max Sawicky > Sent: 27 June 2000 22:05 > To: [EMAIL PROTECTED] > Subject: [PEN-L:20771] RE: Re: RE: Re: energy crises > > > > >It might take several million years

RE: Re: RE: Re: energy crises

2000-06-27 Thread Mark Jones
reveries and general delirium. Mark Jones http://www.egroups.com/group/CrashList > -Original Message- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED]]On Behalf Of Ellen Frank > Sent: 27 June 2000 21:57 > To: [EMAIL PROTECTED] > Subject: [PEN-L:20770] Re: RE: Re

RE: Re: RE: Re: energy crises

2000-06-27 Thread Mark Jones
Anyone who says there is is simply deluded. Mark Jones http://www.egroups.com/group/CrashList > -Original Message- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED]]On Behalf Of Jim Devine > Sent: 27 June 2000 21:53 > To: [EMAIL PROTECTED] > Subject: [PEN-L:2076

RE: RE: RE: Re: energy crises

2000-06-27 Thread Mark Jones
00 21:57 > To: [EMAIL PROTECTED] > Subject: [PEN-L:20768] RE: RE: Re: energy crises > > > Jim Devine wrote: > >what's wrong with the > > Nordhaus theory? My main complaint is that the recovery from an energy > > crisis might easily be extremely painful and tak

RE: Re: Re: energy crises

2000-06-27 Thread Mark Jones
Bill Burgess wrote: > Sent: 28 June 2000 00:58 > To: [EMAIL PROTECTED] > Subject: [PEN-L:20785] Re: Re: energy crises > > > I forget who Simon's bet was with (Paul Erlich?), but it is > undeniable that > better technology and higher relative prices can increas

Re: Re: energy crises

2000-06-27 Thread Bill Burgess
I forget who Simon's bet was with (Paul Erlich?), but it is undeniable that better technology and higher relative prices can increase reserves of non-renewable resources faster than they are depleted through the outragious rate of consumption in rich countries. For example, according to a text

Re: Re: Re: Re: energy crises

2000-06-27 Thread Jim Devine
At 02:40 PM 6/27/00 -0700, you wrote: >What's the difference between Nordhaus' theory and Freshman NC econ -- >"the market will solve the problem"? it fits with freshman NC, though I think Nordhaus was being Schumpeterian -- and was open to the idea of the gov't helping the market. But then aga

Re: Re: Re: energy crises

2000-06-27 Thread Eugene Coyle
What's the difference between Nordhaus' theory and Freshman NC econ -- "the market will solve the problem"? Gene Coyle Michael Perelman wrote: > Nordhaus assumed that there would always be an available "backstop" > technology. I think that he had nukes in mind at the time. > > -- > > Michael P

RE: Re: RE: Re: energy crises

2000-06-27 Thread Max Sawicky
>It might take several million years, and I'm not really joking. What are the >alternatives to fossil? (don't please mention PV's, wind, hydrogen etc, >because they are not alternatives) Can we do a Julian Simon-style bet? What's your timeframe, and what exactly are you expecting? Of course, if

Re: RE: Re: energy crises

2000-06-27 Thread Ellen Frank
I haven't jumped into pen-le in a while, but this question spurs me to point out that the problem with the Nordhaus theory is that, right or wrong, it is irrelevant to the fundamental energy problem facing us today, which is global warming, not high fuel prices. And if there are no alternatives t

Re: RE: Re: energy crises

2000-06-27 Thread Jim Devine
>Jim Devine wrote: > >what's wrong with the > > Nordhaus theory? My main complaint is that the recovery from an energy > > crisis might easily be extremely painful and take a long time > >It might take several million years, and I'm not really joking. What are the >alternatives to fossil? (don't

RE: RE: Re: energy crises

2000-06-27 Thread Max Sawicky
Jim Devine wrote: >what's wrong with the > Nordhaus theory? My main complaint is that the recovery from an energy > crisis might easily be extremely painful and take a long time It might take several million years, and I'm not really joking. What are the alternatives to fossil? (don't please ment

Re: RE: Re: energy crises

2000-06-27 Thread Doug Henwood
Mark Jones wrote: >Jim Devine wrote: >>what's wrong with the >> Nordhaus theory? My main complaint is that the recovery from an energy >> crisis might easily be extremely painful and take a long time > >It might take several million years, and I'm not really joking. What are the >alternatives t

RE: Re: energy crises

2000-06-27 Thread Charles Brown
>>> [EMAIL PROTECTED] 06/27/00 04:30PM >>> Jim Devine wrote: >what's wrong with the > Nordhaus theory? My main complaint is that the recovery from an energy > crisis might easily be extremely painful and take a long time It might take several million years, and I'm not really joking. What are

RE: Re: energy crises

2000-06-27 Thread Mark Jones
Jim Devine wrote: >what's wrong with the > Nordhaus theory? My main complaint is that the recovery from an energy > crisis might easily be extremely painful and take a long time It might take several million years, and I'm not really joking. What are the alternatives to fossil? (don't please me

Re: Re: Re: energy crises

2000-06-27 Thread Jim Devine
At 11:42 AM 6/27/00 -0700, you wrote: >Nordhaus assumed that there would always be an available "backstop" >technology. I think that he had nukes in mind at the time. yeah, he assumed that nuclear power was a good thing. This suggests that he should have taken externalities into account. Jim D

Re: Re: energy crises

2000-06-27 Thread Michael Perelman
Nordhaus assumed that there would always be an available "backstop" technology. I think that he had nukes in mind at the time. -- Michael Perelman Economics Department California State University [EMAIL PROTECTED] Chico, CA 95929 530-898-5321 fax 530-898-5901

Re: energy crises

2000-06-27 Thread Jim Devine
My old undergraduate economics advisor, William Nordhaus, presented a model back in the early 1970s (when I knew him) in which the growth of the economy encouraged high prices of the main resources used as energy sources, which then induced the search for new supplies, for new energy sources,