Keynote address: Reinventing fire: Physics + markets = energy solutions
Rocky Mountain Institute's multi-year, 61-author, peer-reviewed Reinventing Fire synthesis showed how the U.S. can realistically run a 2.6× bigger U.S. economy in 2050 with no oil, coal, or nuclear energy, one-third less natural gas, tripled efficiency, and 74% renewable supplies (80% for elect...
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description | Rocky Mountain Institute's multi-year, 61-author, peer-reviewed Reinventing Fire synthesis showed how the U.S. can realistically run a 2.6× bigger U.S. economy in 2050 with no oil, coal, or nuclear energy, one-third less natural gas, tripled efficiency, and 74% renewable supplies (80% for electricity). This transition, at historically reasonable rates, could be led by business for profit, applying normal rates of return, with some innovative subnational and administrative policies but no Acts of Congress. Excluding carbon emissions and all other externalities, the net present value would be $5 trillion more favorable than business-as-usual, averaging a 14% Internal Rate of Return. |
doi_str_mv | 10.1063/1.4916173 |
format | Conference Proceeding |
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This transition, at historically reasonable rates, could be led by business for profit, applying normal rates of return, with some innovative subnational and administrative policies but no Acts of Congress. 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This transition, at historically reasonable rates, could be led by business for profit, applying normal rates of return, with some innovative subnational and administrative policies but no Acts of Congress. Excluding carbon emissions and all other externalities, the net present value would be $5 trillion more favorable than business-as-usual, averaging a 14% Internal Rate of Return.</description><subject>CARBON</subject><subject>CLASSICAL AND QUANTUM MECHANICS, GENERAL PHYSICS</subject><subject>COAL</subject><subject>ECONOMY</subject><subject>EFFICIENCY</subject><subject>ELECTRICITY</subject><subject>ENERGY PLANNING, POLICY AND ECONOMY</subject><subject>ENERGY POLICY</subject><subject>MATHEMATICAL SOLUTIONS</subject><subject>NATURAL GAS</subject><subject>NUCLEAR ENERGY</subject><subject>Nuclear engineering</subject><subject>Nuclear reactors</subject><subject>OILS</subject><issn>0094-243X</issn><issn>1551-7616</issn><fulltext>true</fulltext><rsrctype>conference_proceeding</rsrctype><creationdate>2015</creationdate><recordtype>conference_proceeding</recordtype><recordid>eNo9js1KAzEYAIMoWKsH3yDgUbbmb_NtCh6k1CoWFFHwtqTJt21qTXSTCn17C4qnuQzDEHLO2YgzLa_4SBmuOcgDMuB1zSvQXB-SAWNGVULJt2NykvOaMWEAmgGZPeAupoLUet9jzmP6jCF-YywhLmkXehzTp9UuB5fpJf2w_TuWTK8pRuyXO5rTZltCivmUHHV2k_Hsj0Pyejt9mdxV88fZ_eRmXiUudKn8onECrWTOdxK0V50DrRkuFBjwpkMDUvJGWa08NLXsAJS2ABZrZQWgHJKL327KJbTZhYJu5VKM6EorhDRc7Av_1mefvraYS7tO2z7ux1rBhWq0qAWXP_nUWAU</recordid><startdate>20150330</startdate><enddate>20150330</enddate><creator>Lovins, Amory B</creator><general>American Institute of Physics</general><scope>8FD</scope><scope>H8D</scope><scope>L7M</scope><scope>OTOTI</scope></search><sort><creationdate>20150330</creationdate><title>Keynote address: Reinventing fire: Physics + markets = energy solutions</title><author>Lovins, Amory B</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-o126t-db8c2ea30cdf376d4fc7660eb4797d9fe9733184a64d7853f7746a77ae54a27e3</frbrgroupid><rsrctype>conference_proceedings</rsrctype><prefilter>conference_proceedings</prefilter><language>eng</language><creationdate>2015</creationdate><topic>CARBON</topic><topic>CLASSICAL AND QUANTUM MECHANICS, GENERAL PHYSICS</topic><topic>COAL</topic><topic>ECONOMY</topic><topic>EFFICIENCY</topic><topic>ELECTRICITY</topic><topic>ENERGY PLANNING, POLICY AND ECONOMY</topic><topic>ENERGY POLICY</topic><topic>MATHEMATICAL SOLUTIONS</topic><topic>NATURAL GAS</topic><topic>NUCLEAR ENERGY</topic><topic>Nuclear engineering</topic><topic>Nuclear reactors</topic><topic>OILS</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Lovins, Amory B</creatorcontrib><collection>Technology Research Database</collection><collection>Aerospace Database</collection><collection>Advanced Technologies Database with Aerospace</collection><collection>OSTI.GOV</collection></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Lovins, Amory B</au><format>book</format><genre>proceeding</genre><ristype>CONF</ristype><atitle>Keynote address: Reinventing fire: Physics + markets = energy solutions</atitle><btitle>AIP conference proceedings</btitle><date>2015-03-30</date><risdate>2015</risdate><volume>1652</volume><issue>1</issue><epage>111</epage><issn>0094-243X</issn><eissn>1551-7616</eissn><abstract>Rocky Mountain Institute's multi-year, 61-author, peer-reviewed Reinventing Fire synthesis showed how the U.S. can realistically run a 2.6× bigger U.S. economy in 2050 with no oil, coal, or nuclear energy, one-third less natural gas, tripled efficiency, and 74% renewable supplies (80% for electricity). 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subjects | CARBON CLASSICAL AND QUANTUM MECHANICS, GENERAL PHYSICS COAL ECONOMY EFFICIENCY ELECTRICITY ENERGY PLANNING, POLICY AND ECONOMY ENERGY POLICY MATHEMATICAL SOLUTIONS NATURAL GAS NUCLEAR ENERGY Nuclear engineering Nuclear reactors OILS |
title | Keynote address: Reinventing fire: Physics + markets = energy solutions |
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