The End of Energy: The Unmaking of America's Environment, Security, and Independence

The End of Energy: The Unmaking of America's Environment, Security, and Independence

by Michael J. Graetz
     
 

ISBN-10: 0262015676

ISBN-13: 9780262015677

Pub. Date: 03/04/2011

Publisher: MIT Press

Americans take for granted that when we flip a switch the light will go on, when we turn up the thermostat the room will get warm, and when we pull up to the pump gas will be plentiful and relatively cheap. In The End of Energy, Michael Graetz shows us that we have been living an energy delusion for forty years. Until the 1970s, we produced domestically all

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Overview

Americans take for granted that when we flip a switch the light will go on, when we turn up the thermostat the room will get warm, and when we pull up to the pump gas will be plentiful and relatively cheap. In The End of Energy, Michael Graetz shows us that we have been living an energy delusion for forty years. Until the 1970s, we produced domestically all the oil we needed to run our power plants, heat our homes, and fuel our cars. Since then, we have had to import most of the oil we use, much of it from the Middle East. And we rely on an even dirtier fuel — coal — to produce half of our electricity.

Graetz describes more than forty years of energy policy incompetence and argues that we must make better decisions for our energy future.

Despite thousands of pages of energy legislation since the 1970s (passed by a Congress that tended to elevate narrow parochial interests over our national goals),Americans have never been asked to pay a price that reflects the real cost of the energy they consume. Until Americans face the facts about price, our energy incompetence will continue — and along with it the unraveling of our environment,security, and independence.

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Product Details

ISBN-13:
9780262015677
Publisher:
MIT Press
Publication date:
03/04/2011
Pages:
384
Product dimensions:
6.20(w) x 9.10(h) x 1.20(d)
Age Range:
18 Years

Table of Contents

Acknowledgments ix

Prologue: The Journey 1

1 A "New Economic Policy" 9

2 Losing Control over Oil 21

3 The Environment Moves Front and Center 41

4 No More Nuclear 61

5 The Changing Face of Coal 79

6 Natural Gas and the Ability to Price 97

7 The Quest for Alternatives and to Conserve 117

8 A Crisis of Confidence 137

9 The End of an Era 147

10 Climate Change, a Game Changer 155

11 Shock to Trance: The Power of Price 179

12 The Invisible Hand? Regulation and the Rise of Cap and Trade 197

13 Government for the People? Congress and the Road to Reform 217

14 Disaster in the Gulf 249

Key Energy Data 265

1 Crude Oil Prices 265

2 U.S. Petroleum Production and Net Imports 266

3 U.S. Petroleum Imports by Country of Origin 267

4 U.S. Net Electricity Generation by Energy Source 268

5 Carbon Dioxide Emissions by Sector, 2008 269

Chronology 271

Bibliographic Essay 279

Index 355

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