Rational Exuberance For Renewable Energy

Rational Exuberance for Renewable Energy is a beyond-the-hype account of the underlying issues that encourage or plague widespread dissemination of renewable energy (RE) technologies. Renewable energy operates in the real world, and it cannot be assumed that the conventional theories and incentive structures of economics and business do not apply. The author argues that grants and subsidies could be provided to support research, development and technology improvement efforts, but should not be employed as an instrument of state policy to intervene in specific markets. It is important to recognize that although investors often demonstrate an appetite for market risk, they find technology risks and policy uncertainty much less appealing. Rational Exuberance for Renewable Energy blends classical economic theory with the everyday realities of the RE industry to identify incentive structures contributing to the success – or otherwise – of project implementation involving renewable sources and appropriate technologies. The book is a compilation of articles that analyze individual RE technologies, and offer multiple perspectives of the RE industry and markets. Rational Exuberance for Renewable Energy is intended for policy makers, advanced students of energy economics and sustainable development, and for potential mainstream investors.

After the fierce warnings and grim predictions of The Weather Makers and An Inconvenient Truth, acclaimed journalist and national bestselling author Chris Turner finds hope in the search for a sustainable future. Point of no return: The chilling phrase has become the ubiquitous mantra of ecological doomsayers, a troubling headline above stories of melting permafrost and receding ice caps, visions of catastrophe and fears of a problem with no solution. Daring to step beyond the rhetoric of panic and despair, The Geography of Hope points to the bright light at the end of this very dark tunnel. With a mix of front-line reporting, analysis and passionate argument, Chris Turner pieces together the glimmers of optimism amid the gloom and the solutions already at work around the world, from Canada’s largest wind farm to Asia’s greenest building and Europe’s most eco-friendly communities. But The Geography of Hope goes far beyond mere technology. Turner seeks out the next generation of political, economic, social and spiritual institutions that could provide the global foundations for a sustainable future–from the green hills of northern Thailand to the parliament houses of Scandinavia, from the villages of southern India, where microcredit finance has remade the social fabric, to America’s most forward-thinking think tanks. In this compelling first-person exploration, punctuated by the wonder and angst of a writer discovering the world’s beacons of possibility, Chris Turner pieces together a dazzling map of the disparate landmarks in a geography of hope. While most of the world has been spinning in stagnant circles of recrimination and debate on the subject of climate change, paralyzed by visions of apocalypse both natural (if nothing of our way of life changes) and economic (if too much does), Denmark has simply marched off with steadfast resolve into the sustainable future, reaching the zenith of its pioneering trek on the island of Samsø. And so if there’s an encircled star on this patchwork map indicating hope’ s modest capital, then it should be properly placed on this island. Perhaps, for the sake of precision, at the geographic centre of Jørgen Tranberg’s dairy farm. There are, I’m sure, any number of images called to mind by talk of ecological revolution and renewable energy and sustainable living, but I’m pretty certain they don’t generally include a hearty fiftysomething Dane in rubber boots spotted with mud and cow shit. Which is why Samsø’s transformation is not just revolutionary but inspiring, not just a huge change but a tantalizingly attainable one. And it was a change that seemed at its most workaday–near-effortless, no more remarkable than the cool October wind gusting across the island–down on Tranberg’s farm. —from The Geography of Hope

This book is written by prominent academics and practitioners, exploring problems and opportunities of growth in different aspects of sustainable development. The overarching themes running throughout the book are energy access, policy, climate change, human development and resource allocation in the context of India. The book will benefit policymakers and researchers with its inclusion of new evidence and solutions to meet developmental challenges.

Innovation, Markets and Sustainable Energy is the first attempt to explore fuel cells and hydrogen technologies by embracing a solid theoretical perspective in the field of innovation and management. Adopting a cross-sectional and international perspective, the book analyzes the implications of introducing fuel cells into the industrial system and explores the complexity of market development for new technological solutions. This book presents an in-depth study of the hydrogen and fuel cell industry and markets, concentrating on the disruptive nature of these technologies. It examines the value chain structure and the strategies of relevant industry players, the alliances and inter-organizational learning processes, the development of new markets, and venture capital dynamics. It also provides an overview of the policies that support hydrogen and fuel cell technologies in major countries around the world. Academics focussing on innovation management, strategy, sustainability, and energy and environmental management will warmly welcome this timely book. It will also be of great interest for the fuel cell and hydrogen practitioner community at large and in particular policymakers.

"We are living in an era of veritable STEM obsession. Not only do tech companies dominate our cultural imagination of American enterprise and financial growth, we urgently need science-based solutions to impending crises. As a society, we have poured enormous resources into cultivating young minds for STEM careers. The US sponsors 209 distinct STEM education programs in 13 different federal agencies at a cost of more than $3 billion. This spending is on top of countless initiatives from philanthropic foundations and corporate giving. And yet, we are facing a STEM worker crisis. In this project, sociologist John D. Skrentny asks, if we're investing so much in STEM education, why are as many as 75% of graduates with STEM degrees opting out of STEM careers? The problem is not education, he argues, but the available jobs. Skrentny aims to bring a reality check to America's growing dedication to STEM education. Each chapter highlights an aspect of STEM work culture that drives away bright minds, ranging from workplace culture and "burn and churn" management practices, to lack of job security, to the constant need for training on new innovations, to the racism and sexism that exclude non-white and Asian people and women. Skrentny shows that if we have any hope of crafting science-based solutions to many of our most urgent societal issues, we have to change the way we're treating these workers on whom our future depends"--