Tag Archives: renewable

Back of the envelope math for internalizing costs.

Colleague sent me this article about renewable energy costs.

Check out this article from today’s New York Times, page B1!

Reminded me of this problem that has been bugging me for awhile…

It always bugs me how the entrenched interests hold up the cost piece when nuclear and oil have huge externalized costs.
For nuclear, the s government developed the technology (manhattan project) and GAVE it to the industry so they would produce plutonium as a by product of energy.  SOmethling 20+billion in today’s dollars.
Meanwhile, some portion of our US military budget is for protecting global oil supply.  It would be complicated, but imagine if some portion of it were factored into price at the pump.  US military budget was like $500 billion last year.  in 2013 we used 135 billion gallons of gasoline.  If 10% of us military is for oil supplies, then that is $50 billion, about $0.25 per gallon….
Ok, I am procrastinating…
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