AN ANALYSIS OF GLOBAL ICT ELECTRIC USE
The information economy is a blue-whale economy with its energy uses mostly out of sight. Based on a mid-range estimate, the world’s Information-Communications-Technologies (ICT) ecosystem uses about 1,500 TWh of electricity annually, equal to all the electric generation of Japan and Germany combined -- as much electricity as was used for global illumination in 1985. The ICT ecosystem now approaches 10% of world electricity generation. Or in other energy terms – the zettabyte era already uses about 50% more energy than global aviation.
With America's economy stuck in a lethargic "recovery mode" and the all-Washington all-media focus on the Affordable Care Act, President Obama took to the road last month to give a speech in Ohio about jobs and manufacturing. Buried in that speech we find a brief nod to the benefits of increased American oil and gas production. Buried and brief.
with Spencer Abraham .... The Energy Daily
There is an ironclad rule when it comes to energy politics: prices matter. And specifically when they spike up. Meanwhile, there is a reality in the business of energy that you can take to the bank—energy is a volatile commodity and there are...
with Spencer Abraham ... Special Report
Congressional passage of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act was intended to address the root causes of the 2008 financial collapse. Dodd-Frank’s 848 pages have via rule-making at the Commodity Futures Trading Commission (CFTC) ballooned into 14,000 pages of rules with only 40 percent of the new rules issued. Swept into Dodd-Frank are the financial tools used by major energy producers and consumers to reduce business and consumer risks from the inherent volatility in the prices of primary energy commodities.