Declining Energy Quality and Economic Recession
According to many, downturns in the U.S. and European markets are primarily the result of unsustainable behaviors in the financial industry. But, some critics are asking – was declining energy quality a major contributor to these negative turns? According to Dr. Carey King, a research associate at the Jackson School of Geosciences at The University of Texas at Austin, the answer to this question... Read More
Energy Sustainability Conference Begins in Washington, DC
This week, the American Society of Mechanical Engineers (ASME) is hosting the 5thInternational Conference on Energy Sustainability in Washington, DC. Over the next three days this conference will bring together researchers, scientists and engineers from around the world for more than 300 presentations related to the topic of energy sustainability. Attendees will also celebrate the accomplishments... Read More
Declining Energy Quality Contributed to Recession?
Last month, on November 23, I wrote a post about Dr. Carey King’s recent publication in Environmental Research Letters where I discussed his definitions of Energy Return on Energy Invested (EROI) and Energy Intensity Ratio (EIR). These measures express what we get (in terms of energy and economic gains) from the energy we invest. The latter measurement – EIR – measures how much profit... Read More
Returns on Energy Investments – EROI and EIR
Dr. Carey King, a research associate at the Jackson School of Geosciences at The University of Texas at Austin and member of the Webber Energy Group, has spent the past couple of years studying a metric called Energy Return on Energy Invested (EROI). In his work, he strives to define what EROI includes and what it means – with the hope of allowing us to compare the efficiency of the different... Read More
