Energy. I didn't have much this morning, so I drank a few cups of coffee. Afterward, I had lots of energy, but later my energy ran low. I could've had more coffee but then I'd have too much energy to fall asleep and not enough coffee to last the week.
Sound familiar? Sound like America? Do we have too much energy? Do we use too much energy? What would happen if we had less energy to use? And what would happen if we had enough energy, but didn't use it all?
Just as I don't drink all my coffee on Monday morning, it makes sense for a large nation to carefully use its energy resources so they will last. Just as I don't want to pay $12.99/lb. for the artisanal coffee at my neighborhood coffee roaster, so too America doesn't want to pay high electricity bills or $4.00/gallon for gasoline.
It’s great if we have an alternative. I buy decent coffee at 2/3 the price of the artisanal, but America has few choices for cheaper fuel. The result? The alternative energy movement with its emphasis on renewable resources and energy efficiency.
There’s a catch though: solar, wind, and biomass provide less than 10% of the nation's annual energy budget. They are projected to potentially contribute 15% or more by the year 2035 –given the right combination of public subsidies and political will. The good news is that renewables share of America’s energy consumption is growing rapidly – wind power use grew 28% from 2009 to 2010 and solar power consumption grew 11%. Total renewables consumption is poised to exceed nuclear consumption this year given current rates of growth.
Can Your Energy Efficiencies Help?
How then do we manage America's energy budget in the face of high oil prices and concerns about nuclear power, while waiting for the growth of efficient alternative energy? How would I deal with high coffee prices and no obvious alternative for that morning energy boost? Two approaches: conservation and efficiency.
I can't get more bang for the buck out of a cup of coffee. To drink more is to spend more. The coffee's efficiency is fixed. My only alternative is to cut back, which I did,