The all-electric car doesn't have much of a range. Hybrids don't save much gas. But just plug in the hybrid, and you have a winner.
The New York Sun
It will happen again. The mayor, the governor, and congressional committees will all hold hearings, and point fingers, while the engineers will, soon enough, find a technical explanation for what caused the massive August 14 black-out. There will be all sorts of sonorous pronouncements about how utilities ought to be regulated differently, and a raft of truly silly calls for more solar and wind power, and more conservation to take the strain off the grid. Very few people, however, will get around to acknowledging the few key realities.
Electricity occupies a uniquely important role in the infrastructure of modern society. A complete loss of power shuts down telephone switches, wireless cell towers, bank computers, E911 operator centers, police communication networks, hospital emergency rooms, air traffic control, street lights, and the electrically actuated valves and pumps that move water, oil, and gas, along with…
Mark P. Mills and Peter W. Huber
In transit across Manhattan on any given day are some 4 million letters, 3 million people, half a million motor vehicles and their contents, and half a million parcels—any of which may be carrying something lethal. Step by step, cities like New York must now learn to watch and track everything that moves. Airport screening is coming to much of the rest of civilian life; but it will have to be much smoother, faster, more accurate screening than airports have today, or life will just grind to a halt.
Peter W. Huber & Mark P. Mills The materials and quantum phenomena that brought us digital information are now ushering in a new age of digital power. They extract, process, and use energy in altogether new ways. They pack far more power, into far less space. They control high-power streams of electrons and photons at…
Mark Mills and Peter Huber
Wall Street Journal
Messrs. Mills and Huber are co-authors of the Digital Power Report. Mr. Huber is a senior fellow at the Manhattan Institute.
Enron got one thing right. New technology is dramatically changing the energy business, especially electricity. Unfortunately for its investors, the new technology isn't the one Enron championed.