How Energy Innovation Works: an interview with Matt Ridley by Alex Epstein
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- เผยแพร่เมื่อ 7 ก.ย. 2024
- From Alex Epstein, host of Power Hour.
On this week's Power Hour (June 3, 2020) I interview one of my favorite writers and thinkers, Matt Ridley, on energy innovation.
Matt has just released a new book, How Innovation Works--And Why It Flourishes Under Freedom. You can get the book here: www.amazon.com...
Energy is a central focus of the book, just as it is a central focus of one of Matt's previous books, The Rational Optimist.
This was a particularly fun discussion that, in addition to covering a lot about energy and innovation, also covered many elements of what it means to be a humanist who loves nature and is fascinated by nature.
Some topics we covered included:
- Why Ridley considers "the conversion of heat to work" to be perhaps the most important innovation.
- The true story of innovation in fracking and why the conventional narrative about it being a government-led innovation is false.
- Why there's so little innovation in nuclear--and what to do about it.
- Why freedom is crucial to innovation.
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Looking forward to the moral case for nuclear. Very good interview, Alex.
Matt is 100% correct on the regulatory system around nuclear is spot on and is the primary reason there is so little VC and PE money available and why there is little to no hope that we will see any new fission nuclear reactors.
Great interview! Alex's hair also looked fabulous.
Quality ideas deserve quality audio. Nice work, gentlemen.
Excellent, both of you. Alex, great direction of the interview questions. Matt, let's hope you ideas flourish about the need for freedom to innovate
i cannot like this enough
Matt makes some excellent points. The irrational suppression of nuclear by anti-human activists has been particularly devastating for the progress of humanity. I consider this an evil on the scale of mass murder.
"No energy system can produce sum useful energy in excess of the total energy put into constructing it.
This universal truth applies to all energy systems [ solar, wind, EVs, Nuclear, Nuclear Fusion, hydro, Fracking, sand oil, AI, IoT, Robotics, 5G, 4th Industrial Revolution, Technocracy and you name it].
Energy, like time, flows from past to future".
The Fifth Law of Thermodynamics and The Arrow of Energy, proposed 2017.
@@sunroad7228 That would make the creation of any energy system an economic loss. This is quite clearly not the case.
Now, if you include the creation of the atoms that make up the raw materials of the system (iron, silicon, hydrogen, uranium and so on in the case of nuclear), then you might have a point.
But this is not a relevant way to look at economics. The atoms have already been created for us for free, we just need to assemble them in the proper configuration in order to exploit the immense amounts of energy contained inside.
@@phamnuwen9442 It is this - "to exploit the immense amounts of energy contained inside" - what consumes more Energy than the Energy exploited.
@@sunroad7228 see the first paragraph in my reply to you.
@@phamnuwen9442 Oh, no, you are leaving yourself in the dark and behind. People have now moved a light year forward from your dated understandings of Economics;
Watch this and understand what is said in it about Economics - carefully!
th-cam.com/video/LeWcKsHWgUY/w-d-xo.html
Syntropy- is a great word to use when describing those 'non-entropic' systems. We have designed human systems that use energy to create abundance and syntropy
True green tech billionaires and governments would support innovative nuclear energy research.
Eccellent guest, thanks.
He sounds humanistic, balanced, widely read and lucid, qualities common to the best English intellectuals.
Two excellent men.
Great interview!
I much enjoyed the talk. If I can mention that Matt wears an old fashioned pair of glasses, I guess he could have an operation but considers the risk reward of innovation unfavourable.
What is your view of Thorium reactors? Seems like a good option.
Thanks..... Bought the book.
Please create an account on Parler!
Wonderful ideas. But who else thinks Matt should bring back the beard???
Matt...shave it!
Any productivity or innovation from the state is coincidental. Claims for those are mystical. Just exactly what, in the nature of a state, could possibly cause those? A gun in your face? Do bureaucrats receive Visions that guide them to the most productive or innovative activities? For virtually all of mans 200K yrs, productivity and innovation was nil to tiny relative to capitalism. Those claims are dishonest, statistical cherry-picking at best. Why did Hitler seek Lebensraum and for farming?! After WW2, German capitalism created more prosperity than in Der Furor's fevered imagination. What did Maos state do relative to post-Mao, semi-captalism?! Those claims are absurd.
Typical FUD. You are way out of date, and also off on the basic math. Why is that? You could find legit info if you wanted?
It is now 2020.
Silicon Solar PV:
+ Cheapest -- $1 per Watt, full install cost
+ Cleanest -- 100% infinitely recyclable at a profit. Aluminum + Glass + Silicon
+ Fastest -- Only takes months to select, site, design, install, connect
+ Grid-Tie -- Simple Low-Voltage (under 600V) connections at user site
+ Grid-Tie Solar require ZERO Storage
+ Zero Additional Land Use - can all fit on existing "Manmade Impervious Surface."
+ Can carry the entire US Grid - only source that is practical to expand to this level.
+ Long Service Life -- 25 years is standard minimum commercial warranty, but keeps operating 40 years or more.
+ Time-of-Production aligns well with Time-of-Use.
+ Lowest Risk - a Solar “spill” is called a Sunny Day.
+ Operate on Solid State (no moving parts) Electronics which are very efficient.
+ Are now PAYING Taxes - Trump placed a 30% Tariff against Solar to try to stop Solar.
+ Most utility operators and customers WANT New Solar PV.
+ Have ZERO Rare Earth(s) nor Toxic Products (yes, we have heard Michael Shellenberger's lies)
Meanwhile New Nukes:
+ Most Expensive - New US builds are at over $10 per Watt
+ Slowest - take decade(s) to site, design, build, and connect
+ Highest Risk - Risk is too high for commercial insurance
+ Long-Term Dirty - Not just the waste, which still has no disposal plan, but anything along the process path can become irradiated.
+ Massive Land Use - typical reactor requires a square mile
+ Cannot hit Peak Demand(s) - We use electricity the most during the day - same time the sun is shining.
+ Flat-Baseload production makes Surplus at night, and is too low for Peak during day.
+ Existing Nukes are being put on welfare because they are losing money
+ Operate on 100+ year old Steam Turbine technology which is very lossy
+ Cannot scale up by any reasonable plan - US now has under 100 reactors, but would take 1000 to power US.
+ Small Modular Reactors are even worse, as they have all the problems above, but since they are “small” it takes 5000 to 10,000 SMRs to power US.
+ Can only be built with HUGE Government Subsidies - typically 80% or more backing.
+ Most utility operators and customers Do Not Want ANY New Nukes.
Bottom Line: New Nukes have lost the race before they hit the Start Line.
Complete horseshit.
1 watt of nuclear=3-5 watts of solar and many sites say solar is ~$3/watt. (So $9-15 for solar equals 1 watt nuclear).
Nuclear provides an avenue for the destruction of the most dangerous weapons on earth.
Nuclear power provides medical radioisotopes.
Nuclear runs at full power nearly all the time whereas solar is ~80% *unreliable*.
Solar is not baseload or peaking power.
96% of so-called nuclear waste can be reused to make electricity and the more it's used to make electricity, the lower its mass because nuclear fission converts matter to energy.
By destroying radioactive materials nuclear power is the *only energy source which reduces the earths radioactivity.*
It's time to be done with the anti-nuclear shit.
Solar PV FAILED GERMANY