- The above figure (from the EIA) shows the seasonality of electricity demand by sector (residential, commercial, and industrial) in the US. All are mainly summer peak demand. It's interesting to think about this in the context of a carbon neutral economy in which heating would presumably mainly be done via heat-pumps (creating a large winter peak in demand also), and electricity would be supplied by wind and solar (with the latter being very much a summer peak thing). Right now my guess is still that the only way to pull off a fully renewable-based economy is via global electricity trade (since storing electricity from summer to winter sounds really hopeless, whereas global electricity trade seems only somewhat quantitatively harder than the intra-continental electricity trade we do now).
- Corporate profits soar as labor income stagnates.
- The New York Times kills its Green blog (after having already dismantled its environmental desk). The optics of this, at a minimum, are appalling.
- David Brooks on the incentives for the US in dealing with Chinese commercial cyber-espionage.
- Why are the Chinese hacking into US/Canadian pipeline and electric grid companies? Very good question. I was particularly amused by this quote:
At a moment when corporate America is caught between what it sees as two different nightmares — preventing a crippling attack that brings down America’s most critical systems, and preventing Congress from mandating that the private sector spend billions of dollars protecting against that risk — the Telvent experience resonates as a study in ambiguity.