There are at least three ways to evaluate the economic viability of energy projects. The easiest way is to just repeat whatever is in a press release. The other extreme, a mandatory exercise for anyone poised to actually invest and build a project, is to develop complex projections that take into account the benefits of...
On the advent of America’s 250th anniversary, the conventional narrative is that our country is deeply divided. Typical takes on the state of disunity in the United States include this headline from a guest op-ed that recently appeared in USA Today, “America celebrated together at 200. We won’t at 250,” and “We still had a sense of oneness...
The reason to socialize a portion of the cost of major infrastructure is so the ratepayer doesn’t have to bear an unaffordable share of the construction financing payments. The broader benefit to society is to achieve greater affordability for what constitutes raw materials for prosperity; transportation, water, and energy. Whether or not they are ever...
California’s oil industry has been active for well over a century, and Los Angeles was always at the heart of it. By 1894, about 80 wells were already producing oil in the city, setting off a boom that peaked in the 1970s at nearly 100 million barrels per year. Today oil production in Los Angeles County is barely...
When choosing what policies and projects might best ensure abundant water for California’s ecosystems, farms, and cities, the role of the delta is central. Even if large scale desalination were to someday deliver over a million acre feet of water per year to California’s coastal cities, how we manage the delta affects many times that...
A recent article in Grist characterized recent efforts by the Trump administration to preserve Scott Dam as a “culture war crusade.” That is accurate, so long as we recognize that efforts to demolish the dam – and diminish the value of the entire Potter Valley Project that the dam is a part of – are also the result of a culture...
There is no realistic scenario imaginable that does not include Californians consuming at least another five billion barrels of oil before the state achieves its much touted official goal of a “clean energy future.” Here are the numbers: In 2025, Californians consumed 484 million barrels of crude oil. To understand why another five billion barrels is the...
The recently released “Water Renaissance” plan, a product of “conservation groups and tribes,” gets a very big idea right. There is no reason why California’s coastal megacities should have to import water. With that one visionary presumption, this report has made a major contribution. In fact, it doesn’t go far enough. With massive, targeted investments,...
Whether it’s an energy project or a water project, it’s important to avoid conflating capacity with actual production, or yield. With energy projects, that difference is much more certain than with water projects. For example, in 2024, California’s lone remaining nuclear power plant at Diablo Canyon, with an output capacity of 2.4 gigawatts, would have produced...
For most of the previous century, Californians successfully designed and built big water infrastructure. In sixty years, from 1910 through 1970, we built the most impressive system of interbasin transfers in the world. The Los Angeles Aqueduct, Hetch Hetchy Aqueduct, Colorado River Aqueduct, Delta Mendota Canal, Friant-Kern Canal, and California Aqueduct. Altogether these conveyances are...
When asked in a recent interview why California has the highest gasoline prices in the nation, Jodie Muller, the President of the Western States Petroleum Association, began by stating the following: “You can’t point a finger at one particular person, because, unfortunately, it is decades of policies layered on top of one another. You have local air...
Even if the most dire climate scenarios are accurate, and humanity must transition away from fossil fuel, it can’t happen overnight. The rational approach is to first develop alternative sources of energy without precipitously destroying the industries that reliably produce oil and natural gas. Once alternatives are available at a competitive price and in sufficient...