Posts By Ferdinand E. Banks


Posted on: December 16, 2015
Many years ago, interrupting my return from Sydney to Stockholm, I stopped in Brisbane (Australia) to give a half-dozen amateur and half-baked lectures on environmental economics. In my mathematical economics classes in Sydney I usually walked up to the podium or whiteboard with a smile on my face, ready and ... more...
Filed under: International
Posted on: October 2, 2015
"Nuclear's Best Years Are Behind Us" - Perry Sioshansi (2011) "More than 70 new nuclear reactors are now under construction, but that's not nearly enough to make a strong dent in CO2 emissions worldwide," So the question is, why aren't we building more?" - Jacobo Buongiorno (Professor of Nuclear Science, ... more...
Filed under: Nuclear
Posted on: July 2, 2015
Berthold Brecht put it as follows: "If you don't know the truth, you are a fool, while if you know the truth but say that it is a lie, you are a villain." I seldom object to that kind of language, because I used it all the time when I ... more...
Filed under: Nuclear
Posted on: March 13, 2015
Try thinking about and remembering the following. France and Sweden may still have the largest nuclear inventory per voter in the world, and they also once enjoyed the lowest electricity prices in Europe, and perhaps the world. Their nuclear reactors also have an admirable safety record, despite the 'advanced age' ... more...
Filed under: Nuclear
Posted on: December 10, 2014
"Coal is a dead man walking" -Kevin Parker (Deutsche Bank Executive) Well, I don't know about that, Kevin. On a billboard greeting travellers at the airport in Ranchi (India), the capital of the Indian state of Jharkhand, 'Welcome to the Land of Coal' is present in block letters, and in ... more...
Filed under: Coal
Posted on: November 5, 2014
"Wir Spielen mit dem Feuer" (We're playing with fire), is Peter Ramsauer's opinion of Germany's Nuclear Retreat. More will be said about this later, but first some numbers that you might find useful. If predictions based on present trends can be accepted, global energy use will increase by at least ... more...
Filed under: Nuclear
Posted on: October 2, 2014
This is a version of the keynote address I planned to give at the 2011 international conference of the International Association of Energy Economists (IAEE), and which took place that year in wonderful summer Stockholm. What happened though was that I was not invited to present any kind of address, ... more...
Filed under: Nuclear
Posted on: July 15, 2014
"There is no reason why institutions that have direct holdings in coal, oil and gas stocks could not divest immediately." Ian Simm (Chief executive of Impax Asset Management) No reason except money, Ian, and as you probably know, there is no bigger reason than that anywhere on this or any ... more...
Filed under: Coal
Posted on: May 15, 2014
A Wall Street Journal analysis of global data has apparently resulted in the claim that the United States (U.S.) will soon surpass Russia as the largest (combined) producer of oil and natural gas in the world. Normally I would pass this information to my energy economics students the next time ... more...
Filed under: Fossil & Biomass
Posted on: February 5, 2014
The shale revolution is old hat to me. In my book THE POLITICAL ECONOMY OF OIL (1980), I referred to shale oil as an important part of the energy reserve of the United States (U.S.), and if I remember correctly, that remark did not ignite any criticism from the gentlemen ... more...
Filed under: Fossil & Biomass

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