Case Studies of Material Corrosion Prevention for Oil and Gas Valves delivers a critical reference for engineers and corrosion researchers. Packed with nearly 30 real-world case studies, this reference gives engineers standardized knowledge on how to maintain, select and prevent typical corrosion problems in a variety of oil and gas settings. Subsea, offshore, refineries and processing plants are all included, covering a variety of challenges such as chloride stress cracking, how to use Teflon powder to prevent cross contamination, and carbon dioxide corrosion. Organized for quick discovery, this book gives engineers a much-needed tool to safely protect their assets and the environment. Engineers working in oil and gas operations understand that corrosion is a costly expense that increases emissions and damages the environment, but many standards do not provide practical examples with solutions, leaving engineers to learn through experience. This resource provides comprehensive information on topics of interest.

This book challenges conventional wisdom by showing how, in some circumstances, improved energy efficiency may "increase" energy consumption. Relying upon energy efficiency to reduce carbon emissions could therefore be misguided. This book explores the broader implications for climate change and sustainable consumption.

A Simple Model of Electric Power Network . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 Power flow equations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 Social welfare action . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 A Market Mechanism . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 An efficient trading rule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 Competitive equilibrium and social optimum . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52 A Dynamic Trading Process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54 An Illustrative Example . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 Alternative Implementation Plans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 Conclusions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 Endnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 Chapter 5: The Berlin Mandate: The Design ofCost-Effictive Mitigation Strategies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68 The Models . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 Future Emissions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70 The Costs of Alternative Commitments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73 Some Final Comments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 Endnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82 Chapter 6: Some Implications of Improved CO] Emissions Control Technology in The Context of Global Climate Change . . . . . . . . . . . . . . . . . . . . 85 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 The CET A-R Model . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86 Economic system . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86 Climate system . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87 Uncertain losses from temperature rise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87 Technology Assumptions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88 Implications of Loss Probability and Technology Assumptions . . . . . . . . . . . . . . . . . . . 89 Improved Technology and the Value of Infonnation About Damage . . . . . . . . . . . 94 Value of Information about Technology and Benefits of Improved Technology . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95 Sununary and Conclusions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 References . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 Endnotes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98 Chapter 7: Determining an Optimal Afforestation Policy: A Cost-Benefit Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 Introduction - Motivation and afforestation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99 Afforesting and halting deforestation: domestic verses global solutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 01 Research Objectives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 02 Integrated assessment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 102 Time horizon and discounting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 103 Carbon sequestration time path . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 03 vi Interactions with other markets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104 Structural Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 04 Traditional timberland module . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106 Afforestation module . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106 Timber market module . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . l 08 Sequestration calculations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109 bjective function . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109 Regionalization and Model Data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110 Southern submodel data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111 Pacific submodel data . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

This book provides an original and thoroughly academic analysis of the link between Russian energy and foreign policies in Eurasia, as well as offering an interpretation of Russia's coherence on the international stage, seeking to understand Russia and explain its behaviour. The authors analyse both energy and foreign policies together, in order to better grasp their correlation and gain deeper understanding of broader geopolitical issues in Eurasia at a time when things could go either way--towards producers or towards consumers. Questioning the concept of energy deterrence' which aims to fuel uncertainty in Russia's relations with its partners, as well as projecting its overall power on the international scene, this provocative volume seeks to stimulate debate on this very important issue. Assessing the weight that energy has in Russia's foreign policy and in its pursuit of power on the international stage, this book will be of interest to students and scholars of international relations, energy politics, geopolitics and Russian and Central Asian Studies.

This book illustrates operation and maintenance practices/guidelines for economic generation and managing health of a thermal power generator beyond its regulatory life. The book provides knowledge for professionals managing power station operations, through its unique approach to chemical analysis of water, steam, oil etc. to identify malfunctioning/defects in equipment/systems much before the physical manifestation of the problem. The book also contains a detailed procedure for conducting performance evaluation tests on different equipment, and for analyzing test results for predicting maintenance requirements, which has lent a new dimension to power systems operation and maintenance practices. A number of real life case studies also enrich the book. This book will prove particularly useful to power systems operations professionals in the developing economies, and also to researchers and students involved in studying power systems operations and control.

This book will provide assistance to the broad range of readers involved in the crude oil import and production; renewable energy production; biomass analysis and bioconversion; greenhouse gas emissions; techno-economic analysis and government policies for implementing biofuels in India. This book presents important aspects on the large scale production of biofuels following a bio-refinery concept and its commercialization and sustainability issues. Hence, it is a useful resource to policy makers, policy analysts, techno-economic analysts and business managers who deal with commercialization and implementation of bio-based energy and other value-added products. The following features of this book attribute its distinctiveness: As a first uniquely focused scientific and technical literature on bioenergy production in the context of India. To its coverage of technological updates on biomass collection, storage and use, biomass processing, microbial fermentation, catalysis, regeneration, solar energy and monitoring of renewable energy and recovery process. To the technical, policy analysis, climate change, geo-political analysis of bioenergy and green transportation fuels at industrial scale.

Renewable fuels, such as wind, solar, biomass, tides, and geothermal, are inexhaustible, indigenous, and often free. However, capturing them and transforming them into electricity, hydrogen, or clean transporation fuels often is not. Green Energy: Technology, Economics, and Policy addresses how to approach and apply technology, economics, and policy to bring down the costs involved with renewables, the most important challenge faced in the green era. Intended for students and professionals in resources, energy and environmental engineering and in economic fields focusing on green energy.
It explores the ways and means of using technology, economics, and policy to address R & D issues, market penetration, improved efficiency, investment capital, policy changes, and more. It elucidates Green New Deal models in which the twin objectives of job generation and mitigation of climate change impacts are achieved through the harnessing of the transformative power of technology. The book links energy science and technology with energy economics, markets, policy, and planning. It describes how this can be accomplished through public ? private partnership in the prosecution of Innovation Chain (Basic Research - Applied Research & Development - Demonstration - Deployment - Commercialization).

OIL 101 is a straightforward guide to oil and an essential read for anyone coming to grips with where oil prices, the economy and society are headed.

In OIL 101, Downey provides the facts one needs to understand oil, from its history and chemistry, to refining, finished products, storage, transportation, alternatives, and how prices are determined every day in global wholesale oil markets and how those markets are connected to prices at the pump.

The way in which energy is governed in China is driving its rising level of carbon dioxide emissions. This book analyses the nature of energy governance in China by combining ideas relating to transition management with institutionalist theories, which helps to identify factors which assist or constrain the country's path to a low-carbon economy.

As a flexible, cost-effective energy alternative to large scale nuclear power reactors, this book examines the potential future use of small modular reactors for the generation of electricity in different regions. Exploring advanced nuclear technologies, chapters describe the current situation and perspective of the small modular reactors market (SMRs) in different regions around the word, including North and South America, Europe, Asia, Middle East and Africa. Particular attention is paid to the benefits of using these types of reactors for the generation of electricity, discussing their efficiency and reduced construction time, as well as exploring the main difficulties encountered in the development stage. Looking at the potential dangers that SMRs pose to the environment and population, the text presents the new safety measures that have been adopted in SMRs design to reduce future risk.

This book explores the multifaceted aspects of India's energy security concerns. Bringing together a set of opinions and analysis from experts and policymakers, it sheds light on the context of India's energy insecurity and explores its various dimensions, its nature and extent. Contributors examine the role that trade, foreign and security policy should play in enhancing India's energy security. It is argued that the key challenge for India is to increase economic growth while at the same time keeping energy demands low. This is especially challenging with the transition from biomass to fossil fuels, the growth of motorized private transport, and rising incomes, aspirations and changing lifestyles. The book suggests that at this time there are strong arguments to lessen the fossil fuel path dependence and it argues for a need to engage with all the key sources of this dependence to implement a process of energy change.

India's Energy Security is a timely contribution given the national and international interest in the issue of energy security and the possibility that energy concerns have the potential of becoming the cause of serious international conflicts. It will be of interest to academics and policy makers working in the field of Asian Studies, Energy Policy, International Relations and Security Studies.

This timely Handbook reviews many key issues in the economics of energy and climate change, raising new questions and offering solutions that might help to minimize the threat of energy-induced climate change.Constructed around the objectives of displaying some of the best of current thinking in the economics of energy and climate change, this groundbreaking volume brings together many of the world s leading and most innovative minds in the field to cover issues related to: - fossil fuel and electricity markets - environment-related energy policy - international climate agreements - carbon mitigation policies - low-carbon behavior, growth and governance. Serving as an indispensable guide to one of the fastest-growing fields of economics, this invaluable resource will strongly appeal to students, academics and policy makers interested in energy, environmental and climate change issues. Contributors include: J.E. Aldy, E.B. Barbier, A. Bowen, J. Chevallier, C. de Perthuis, J. Evans, N. Eyre, M. Fillipini, R. Fouquet, S. Gabriel, A. Gago, C. Gennaioli, J. Gowdy, C. Haftendorn, J.D. Hamilton, M. Hanemann, I. Hascic, D.F. Hendry, C. Hepburn, B. Holtsmark, F. Holz, C. Hope, L. Hunt, H.D. Jacoby, M. Jefferson, N. Johnstone, J.G. Kassakian, C. Kemfert, S. Kverndokk, X. Labandeira, H. Lee, H. Llavador, G. Lovellette, R. Martin, R. McKitrick, A. Moe, M. Muuls, I.W.H. Parry, M. Pollitt, F. Pretis, T. O'Garra, A. Ramos, C. Robinson, J.E. Roemer, K.E. Rosendahl, R. Schmalensee, I. Shaorshadze, J. Silvestre, P. Stevens, R. Tol, R. Trotignon, M. Tsygankova, G.C. van Kooten, C. von Hirschhausen

This book was originally published by Claeys and Casteels, now formally part of Edward Elgar Publishing. This book focuses on the EU ETS, the European Union Emissions Trading Scheme, backbone of the European Union strategy to combat climate change, and its industry competitiveness implications. In the light of the discussion of the revision for the coming years, it aims to provide a toolbox of key elements to understand its functioning and to reflect on crucial improvements. Specifically, besides a general overview of the first phases of the scheme and current difficulties, the book aims to (i) deploy an energy-intensive, sector-level analysis, with both reference to academic literature (ex ante and ex post studies, paying special attention to the underlying assumptions) and stakeholders positions on the carbon leakage issue; (ii) present an overview of the existing ETS policy measures and worldwide experiences; (iii) reflect on the ongoing reform for the post-2020 period, starting from the European Commission's proposal and entering the technical and political debate taking place within the European institutions. "The EU ETS and the European industry competitiveness" provides the reader with a full understanding of the system, presenting problems, policy options, design aspects and global insights. It aims to identify potential improvements and to draw lessons for the coming years and the future phases, assessing if the current reform is actually on track to adequately protect business competitiveness.

This addition to the ISOR series introduces complementarity models in a straightforward and approachable manner and uses them to carry out an in-depth analysis of energy markets, including formulation issues and solution techniques. In a nutshell, complementarity models generalize: a. optimization problems via their Karush-Kuhn-Tucker conditions b. on-cooperative games in which each player may be solving a separate but related optimization problem with potentially overall system constraints (e.g., market-clearing conditions) c. conomic and engineering problems that aren't specifically derived from optimization problems (e.g., spatial price equilibria) d. roblems in which both primal and dual variables (prices) appear in the original formulation (e.g., The National Energy Modeling System (NEMS) or its precursor, PIES). As such, complementarity models are a very general and flexible modeling format. A natural question is why concentrate on energy markets for this complementarity approach? s it turns out, energy or other markets that have game theoretic aspects are best modeled by complementarity problems. The reason is that the traditional perfect competition approach no longer applies due to deregulation and restructuring of these markets and thus the corresponding optimization problems may no longer hold. Also, in some instances it is important in the original model formulation to involve both primal variables (e.g., production) as well as dual variables (e.g., market prices) for public and private sector energy planning. Traditional optimization problems can not directly handle this mixing of primal and dual variables but complementarity models can and this makes them all that more effective for decision-makers.

Historians investigate the relationships between film, culture, and energy. American Energy Cinema explores how Hollywood movies have portrayed energy from the early film era to the present. Looking at classics like Giant, Silkwood, There Will Be Blood, and Matewan, and at quirkier fare like A Is for Atom and Convoy, it argues that films have both reflected existing beliefs and conjured new visions for Americans about the role of energy in their lives and their history. The essays in this collection show how film provides a unique and informative lens to understand perceptions of energy production, consumption, and infrastructure networks. By placing films that prominently feature energy within historical context and analyzing them as historical objects, the contributing authors demonstrate how energy systems of all kinds are both integral to the daily life of Americans and inextricable from larger societal changes and global politics.

This book provides a comprehensive discussion and analysis of global energy resources, international energy markets, international energy forecasts for the first quarter of the 21st century, conventional and alternative energy technologies and pertinent historical developments of world energy. It is organized into four parts with 27 chapters that cover advance energy technologies, primary and alternative energy resources and country profiles. Part I introduces conventional energy resources; Part II covers alternative energy sources and conservation; Part III covers energy modelling and forecast methods for anlaysing energy development in the United States of America and the world; Part IV provides a country-by-country analysis of energy issues, law, resources and programs. It is indeed an assessment of the outlook for international energy that relates to major fuels, transportation, electricity and the environment.

This policy-oriented paper identifies initiatives that policy-makers in the Asia Pacific region should duly consider for promoting CSR practices, at both the regional and national levels, and spanning domestic SMEs to large MNEs. The initiatives are diverse in focus and scope, although there is one common denominator: virtually none can be enacted by government alone. Any initiative to promote sustainable and responsible business needs to be sustainable in itself, and that in turn necessitates the active engagement and tangible inputs of the business community.

Future energy technologies must embrace and achieve sustainability by displacing fossil carbon-intensive energy consumption or capture/reuse/sequester fossil carbon. This book provides a deeper knowledge on individual low (and zero) carbon technologies in a comprehensive way, covering details of recent developments on these technologies in different countries. It also covers materials and processes involved in energy generation, transmission, distribution, storage, policies, and so forth, including solar electrical; thermal systems; energy from biomass and biofuels; energy transmission, distribution, and storage; and buildings using energy-efficient lighting.

This book provides a timely and comprehensive overview of the most recent developments in European Union energy and climate policy. With up-to date empirical analysis by more than a dozen leading experts and scholars from both Europe and the United States, this volume offers the most definitive assessment of this significant area of European integration and policymaking. Separate chapters address key issue areas, the policies of the leading EU member states, and themes that cut across policy and institutional boundaries.

This book is available either individually, or as part of the specially-priced Arguments of the Philosphers Collection.

The book provides an integrated energy/exergy analysis method to identify the energy utilization issues and systematically propose the cost-effective energy-saving and CO2 mitigation/capture solution. There is a strong market needs on energy-saving and greenhouse gas (GHG) reduction. CO2 mitigation/capture will achieve economic benefit of fuel, power, and carbon tax saving as well as environmental GHG reduction. The book is a professional book for energy-saving and GHG gas mitigation technology in oil & gas, oil refining, and chemical industry. It is an integrated technical book that combines energy utilization theory and practical method, including: thermodynamic analysis for unit operation and process units; energy and exergy calculation for various process streams and utilities; three-link energy/exergy analysis model; energy/exergy balance of equipment, process units, and entire plant; approach and technology of energy saving; optimization of pipeline and equipment; pinch energy-saving technology and its application; CO2 capture and utilization with 8 case studies incorporated for all different scenarios; key energy-saving technologies such gas turbine, FCCU regeneration CO combustion and energy recovery, flue gas turbine system optimization, low-grade heat recovery and utilization. The book is intended for engineers and professional personnel who are working in process engineering, EPC companies, chemical and petrochemical plants, refineries, oil & gas production facilities, power generation plant. It can also be a professional reference or textbook for undergraduate or graduate-level university students and teaching personnel of chemical, energy, and process engineering faculties of universities.

Energy efficiency and energy conservation are often thought to be the same. They are not, according to Herbert Inhaber. Only when less total energy is consumed by all users will energy actually be saved. Energy efficiency schemes do not accomplish this goal of conservation: when one person or nation conserves energy, there is just more of it for others to use elsewhere. This is the first book to answer, comprehensively and objectively, the question: Do government energy conservation programs hinder or help the nation? Says Inhaber, the fact that billions of dollars have been spent on energy conservation programs, without giving a searching look at what has been accomplished, is a national scandal. Clear, concise, and with numerous useful graphs and tables, this book is an important first step toward making us all aware of what energy conservation actually is-and is not-and how it can and should be implemented.

This work includes chapters on how conservation is applied in the electric utility world, whether waste truly exists, the economic aspect of conservation, its relation to Marxism, and past examples of conservation failures. Inhaber reviews many of the points that were first made by Stanley Jevons, the father of modern quantitative economics, who stated more than 130 years ago that increased efficiency often produces greater overall energy use, not less. Inhaber concludes that a remedy claimed to cure all ills will cure none. The faith placed in conservation as a solution to a mountain of problems is, in large part, misplaced. The words 'energy conservation' have captivated people of almost all political and philosophical persuasions. My book should cause many people to rethink their blind faith.