Environmental and Natural Resource Economics (7th Edition)
Average customer rating: 3.5 out of 5 stars
  • Excellent Introduction to EE concepts
  • Out of Date
  • Good for Graduate School
  • good
Environmental and Natural Resource Economics (7th Edition)
Tom Tietenberg
Manufacturer: Addison Wesley
ProductGroup: Book
Binding: Hardcover

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ASIN: 0321305043

Customer Reviews:

4 out of 5 stars Excellent Introduction to EE concepts.......2006-01-21

Tietenberg is a big player in evironmental economics, and clearly lays out the fundamentals of environmental and natural resources economics accessible to those without significant economics training.

1 out of 5 stars Out of Date.......2004-04-28

The book is hopelessly out of date. Although it carries a 2003 publication date, it still refers to the USSR and Czechoslovakia in the present tense. It consistently refers to studies done in the 1980s as recent and less than 25% of the examples, charts. etc. use data from 1990 or later. For example, only 5 out of 37 references in the chapter on Economic Justice are more recent than 1990, and the most recent is 1994. This is typical of just about every chapter. One gets the feeling that the publisher never reviewed this revided edition.

4 out of 5 stars Good for Graduate School.......2001-06-06

I used this book for graduate school. Its a textbook and little more. But, it is a well written textbook.

5 out of 5 stars good.......1999-03-15

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Natural Resource Conservation: Management for a Sustainable Future (9th Edition)
Average customer rating: Not rated
    Natural Resource Conservation: Management for a Sustainable Future (9th Edition)
    Daniel D. Chiras , John P. Reganold , and Oliver S. Owen
    Manufacturer: Prentice Hall
    ProductGroup: Book
    Binding: Hardcover

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    The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel
    Average customer rating: 4 out of 5 stars
    • Hits the Mark
    • Predictions so far spot on target . . . .
    • Great Book!
    • Peak oil from an investor view
    • Ok already, we know you have written The Oil Factor
    The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel
    Stephen Leeb , and Glen Strathy
    Manufacturer: Business Plus
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    ASIN: 0446699004

    Book Description

    Stephen Leeb shows how hard times can be a boon for smart investors. As the world faces an energy crisis of unprecedented scope, renowed economist Stephen Leeb shows how surging oil prices will contribute to an economic collapse. With meticulous research and analysis, Leeb shows that due to strong competition from India and China, prices could soon double, a cost for which most countries and investors are ill-prepared. Now, in this groundbreaking book, Leeb not only shows how this crisis will affect consumers, but how savvy investing can turn these dire times into financial gain.

    Customer Reviews:

    4 out of 5 stars Hits the Mark.......2007-10-04

    I found Leeb's book to be well reasoned and devoid of the hysteria so common to books forecasting problems for the dollar and the US economy. The worst thing about this book is the title because the 'economic collapse' phrase may cause many to think it's written by a crank. That is certainly not true.

    Leeb ties in the rising price of oil with America's debt problems and shows what options remain for the Federal Reserve and the government. It's not that complicated. They have to inflate because a deep recession would crush an economy so burdened with public and private debt. We already saw this after the 2001 stock crash. They cut rates to near zero and doubled the national debt in 7 years rather than suffer a cleansing recession. The feds know how bad it could get. America can't afford to risk a recession due to all the debt and leverage in every part of the system.

    In 2007, the situation has become much worse because now we have an imploding housing market and a falling dollar. Interestingly, Leeb stated in the book that he didn't think housing would crash. He figured the feds would inflate at all costs to prevent it from happening because a housing collapse is far worse than a stock market crash. He may yet be right, but home prices are surely falling right now. So, what will the government do - double the national debt again?

    Look at it this way. If the economy continues to grow then demand for oil will grow and we'll hit supply constraints and higher prices much faster. That means inflation. If the economy slows due to housing or oil or slowing consumption, then the feds will have to inflate to prevent a deflation. No matter how you look at the problem, it seems the news will be bad for the dollar. Faced with the facts and inflationary scenarios Leeb presents, I think a reasonable person would want to own some gold.

    Leeb's portfolio suggestions are a bit extreme for me and I'd balance them a bit. However, he's been right so far. This is a very good book in all respects.

    5 out of 5 stars Predictions so far spot on target . . . . .......2007-10-01

    I've read and re-read this book over the last year and have to say that Leeb's predictions have been very, very good. In fact, much, much better than my advisors and their research departments in the financial services industry. Oil service stocks such as Schlumberger, National Oilwells Varco and Transocean have been fantastic performers over the last three years and continue to rise despite a mediocre market. Resource companies such as Freeport Mcmorran, Teck Cominco and CVRD continue to rise. Russia & Venezuala are nationalizing their oil industries. Iran's nuclear ambitions are partly because they are running out of energy to feed their growing population. Gold is now over $750 an ounce! The US dollar continues a steady decline against other world currencies. The US Federal Reserve has lowered rates by 1/2 a percent because they know how vulnerable and debt laden US households are with the housing decline. In other words, inflation is the only solution to the fix the US is in. The war on Iraq and the War on Terror has sucked up precious resources and requires the govt. to print more money. The Fed is in a real bind right now and they are following the course predicted by Leeb. If the Fed had raised rates or kept them the same, then I would say Leeb might have been wrong. Large cap Chindian stocks such as Procter & Gamble are doing well as are infrastructure plays such as Chicago Bridge & Iron (mentioned by Leeb) and Foster Wheeler. Oil is now over $81 a barrel and rising. US Small Cap stocks are not doing well - my US small cap fund has preformed dismally. At the same time, financial advisors continue to be in denial of the new reality. Hats off to Mr. Leeb: I'm making money thanks to his thoughtful advice. As a Canadian seeing our dollar now at par with the $US for the first time since 1976, the price of our grain rising 40% in one year (partly due to ethanol production) and the crazy rush of resources into our tar sands, I can tell you that Mr. Leeb has hit the target with his book and predictions.

    5 out of 5 stars Great Book!.......2007-09-21

    The information listed is in line with everything else I've read. Great presentation and full of facts. I enjoyed reading it.

    4 out of 5 stars Peak oil from an investor view.......2007-09-03

    Author Stephen Leeb recounts the anarchy, chaos and immense suffering that followed in the wake of hurricanes Katrina and Rita and suggests this may be in our future in a broader way if and when the oil flow that largely supports our wealth creation is abruptly decreased. The "new world" that could emerge might be one of greatly reduced complexity. Systems like clean water/sewers, computing power, organized transporation and large-scale production, medicine and chemical-supported/mechanized farming could diminish into a more localized, much less resource-intensive - and even Amish-like subsistance.

    In any issue like "peak oil," a multi-faceted view is needed to grasp the deep truths. This book reveals some of the same scenarios layed out by other authors concerning the forecased economic disaster looming ahead - but brings some additional perspectives from the world of investments. One can tell reading several of the sections that the suthor indeed is an investment professional and not an environmental sustainability guru. Where other books on peak oil (Hubbart's Peak, 1000 Barrels a Second) are loaded full of technical graphs, Leeb's account here is loaded with investment advice on how to prosper if/when such a downfall insues (his advice bsaed on the 70's oil crisis: buy gold, real estate, oil company stock and China/India investments).

    Of surprize to many readers will be almost no mention whatsoever of ecological issues related to oil like climate change or other eco impacts. In fact, where the author finally gets around to mentioning global warming, much to his credit he brings out a potent reality rarely mentioned in the peak oil discussion: petro-chemicals and their essential products will also potentially plummet severely. These are the plastics, asphalt, plastic packaging, PVC pipe, pharmacueticals and other essential products we take for granted.

    In the end, Mr. Leeb seems somewhat hopeful (unlike others) that technology - if applied quickly and with an Apollo-mission-like lazar focus - might save the day. He is bullish on wind power, a renewable that is closest to competing now with fossil fuel power. But, many others state the case for a more sustainable world based on new, totally reimagined ways of doing things much better than the author here.

    In short, if you are concerned with how your portfolio should change if oil starts climbing over $100/barrel, this is a decent book to inform. Otherwise, for a broader view on impacts of peak oil and the other critical issues facing civilization, Lester Brown's "Plan B - Rescuing a Planet under Stress and a Civilization in Trouble" is a compelling choice.

    4 out of 5 stars Ok already, we know you have written The Oil Factor .......2007-08-31

    It is an interesting and well written book. My only gripe was that it seemed that every other sentence mentions, "...in my other book, The Oil Factor...." This just got plain annoying.
    Plan B 2.0: Rescuing a Planet Under Stress and a Civilization in Trouble
    Average customer rating: 5 out of 5 stars
    • Best Yet
    • Essential reading for every human on this planet
    • Plan B 2.0: Rescuing a Planet Under Stress and a Civilization in Trouble
    • Best Single Book for Both General Public and Broadly Read Specialists
    • Wake Up America
    Plan B 2.0: Rescuing a Planet Under Stress and a Civilization in Trouble
    Lester R. Brown
    Manufacturer: W. W. Norton
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    ASIN: 0393328317

    Book Description

    In this new edition, Lester Brown outlines a survival strategy for our early twenty-first civilization.

    The world faces numerous environmental trends of disruption and decline such as rising temperatures, falling water tables, shrinking forests, melting glaciers, collapsing fisheries, and rising sea levels. In Plan B, Lester R. Brown notes that in ignoring nature's deadlines for dealing with these environmental issues we risk the disruption of economic progress.

    In addition to these environmental trends, the world faces the peaking of oil, the addition of 70 million people per year, a widening global economic divide, and the spread of international terrorism. The global scale and growing complexity of issues facing our fast-forward world have no precedent.
    Customer Reviews:

    5 out of 5 stars Best Yet.......2007-09-20

    Plan B. 2.0 is the most comprehensive book I've found yet on the converging crises that we are facing in the world today. In Part I of the book, Lester R. Brown lays out each crisis, explaining the causes, and then goes on in Parts II and III, lays out a rational, well-thought-out,practical solution to the problems at hand. I gave my husband a copy of it to use for part of the Critical Issues for Law Enforcement class he's teaching at our local university. As far as I'm concerned, every American ought to have a copy and read it often and thoroughly. We need to be aware of what we're doing to ourselves and others. The frosting on this cake is that he gives us the tools we need to remedy the situation...if we act now.

    5 out of 5 stars Essential reading for every human on this planet.......2007-09-19

    If you care about this planet and our journey upon it, this book is essential reading for the millennium ahead. I just wanted to add my five stars. Please read the other reviews for the overview of "Plan B: 2.0"

    5 out of 5 stars Plan B 2.0: Rescuing a Planet Under Stress and a Civilization in Trouble.......2007-02-06

    We do have prophets for our time. Lester Brown is one of the most important among them. In his well founded search for truth and solutions for our demographic, ecological and economic problems of global dimensions, he powerfully opposes the four faces of destructive stupidity of our times: ignorance, refusal to discuss matters, denial, and faithful dysfunctionality. I made this book the present day Bible that must be read and discussed in my course on Bioethics: Perspectives on Human Life, at Le Moyne College, Syracuse NY.
    Dr. Andrew Szebenyi S.J.

    5 out of 5 stars Best Single Book for Both General Public and Broadly Read Specialists.......2007-01-26


    It's a real shame that the publisher did not take the trouble to load the table of contents into the product information section provided by Amazon, because that alone should persuade anyone that gets to this page that the book is a MUST BUY MUST READ MUST SHARE.

    Each of the following section titles has six sub-titles that I will not repeat here:
    1. Entering a New World
    2. Beyond the Oil Peak
    3. Emerging Water Shortages
    4. Rising Temperatures & Rising Seas
    5. Natural Systems Under Stress
    6. Early Signs of Decline
    7. Eradicating Poverty, Stabilizing Populations
    8. Restoring the Earth
    9. Feeding Seven Billion Well
    10. Stabilizing Climate
    11. Designing Sustainable Cities
    12. Building a New Economy
    13. Plan B: Building a New Future.

    Although an updated version of the first edition published in 2003, this version can be said to be both completely new, and finally ready for public consumption now that Al Gore has put Global Warming on the public mind.

    I still prefer J. F. Rischard's HIGH NOON: 20 Global Problems, 20 Years to Solve Them for the general reader, and I still think E. O. Wilson's "The Future of Life" is one of the top three in this area, but this book by Lester Brown has the merit of consolidating and structuring detail in a manner I have not seen elsewhere.

    I recommend the book be ready in conjunction with books by Herman Daly and Paul Hawken, in part because everyone is now starting to realize that green sustainability is in fact the non-negotiable first step for any business to survive into the next decade--natural capitalism.

    Most intriguing to me, and the heart of the book on page 257, is the consolidated Plan B budget totallying $161 billion a year needed to meet all of the goals the author postulates.
    BASIC SOCIAL GOALS
    12B Universal primary education
    04B Adult literacy
    06B School lunch in 44 poorest countries
    04B Assistant to pregnant women and preschool childen in 44 poorest
    07B Reproductive health and family planning
    33B Universal health care
    02B Closing the condom gap (Bill & Melinda Gates can have this one)

    EARTH RESTORATION GOALS
    06B Reforesting the earth
    24B Protecting topsoil on cropland
    09B Restoring rangelands
    10B Stabilizing water tables
    13B Restoring fisheries
    31B Protecting biological diversity

    As the author points out on the next page, world military expenditures total $975B a year, with the US alone responsible for $492B (this was published before we all knew of the half trillion dollar cost of the Iraq invasion and occupation). Hence, the $161B a year total is a fraction of the total spent on out-dated military systems, and could be funded by the US alone if we had the right leadership and public consensus.

    Personally, and based on other readings, I believe that the author is under-estimating the costs, and avoiding a focus on many other factors including the urgent need to eradicate transnational crime and end inter-state and civil war. This is, however, a superb start and ideally suited as a primer for any level of learning.

    Readers interested in seeing a broader perspective that places the ten high-level threats (poverty, infectuous disease, environmental degradation, inter-state conflict, civil war, genocide, other atrocities, proliferation, terrorism and transnational crime) in the context of the twelve policies that must be managed as a whole by all nations (agriculture, debt, diplomacy, economy, education, energy, family, immigration, justice, security, society, and water), and that in turn oriented toward the urgency of keeping the eight challengers (Brazil, China, Indonesia, India, Iran, Russia, Venezuela, Wild Cards) from repeating our mistakes, can check in at Earth Intelligence Network.

    Rescuing are planet and our civilization is going to be a great deal harder than the author suggests, and is going to need a massive awakening by the public as to the "true cost" of all that we are doing wrong. I expect that we will succeed, in part from top down efforts by Al Gore and this author among others, and in part by bottom up efforts where individuals can get from the Internet the "true cost" of any good or service in terms of water content, fuel content, sweatshop labor content, and tax avoidance status. Noami Klein's book, "No Logo" is recommended in this regard.

    Over-all an absolutely superb piece of work that caps the author's decades of advocacy on behalf of the planet. There is no other person that has been focused on this topic with due diligence year after year.

    5 out of 5 stars Wake Up America.......2007-01-14

    Lester Brown has been monitoring the state of the world for many years and is probably one of the most knowledgeable and authoritative people on this topic. The first half of the book, filled with many little known but interesting and important facts lets us know how a declining resource base at a time of rapidly increasing human population is taking us toward a very unstable and potentially dangerous world. In the second half of the book he spells out what needs to be done worldwide and how it can be accomplished with about 1/3rd of our annual US Defense Dept. expenditures if we wake up to the facts and act immediately.
    The book was so factual and encouraging that I bought a dozen to share with my congregation in the hope of spreading the facts, stimulating concern, and seeing some personal action.
    Wind Energy: Fundamentals, Resource Analysis and Economics
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      Wind Energy: Fundamentals, Resource Analysis and Economics
      Sathyajith Mathew
      Manufacturer: Springer
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      The book covers all the major aspects of wind energy conversion technology. In contrast with other publications on this subject, the author gives due emphasis to wind resource analysis and its economic aspects. The subject is treated from its basics and gradually developed to the advanced level. Such a treatment caters the needs of readers with different subject backgrounds. Each section is discussed with illustrative examples and practical problems. Software, based on the analytical techniques discussed in the publication, is provided on an enclosed CD-ROM. An extensive bibliography is appended to each chapter to give further guidance to the readers.
      The Economics of Natural Resource Use (2nd Edition)
      Average customer rating: Not rated
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        John M. Hartwick , and Nancy D. Olewiler
        Manufacturer: Addison Wesley
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        Environmental Economics
        Average customer rating: 4 out of 5 stars
        • So So
        • great customer service from amazon
        • Great introduction to Environmental Economics .
        • complete and comprenhensive
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        5. Essential Statistics for Public Managers And Policy Analysts Essential Statistics for Public Managers And Policy Analysts

        ASIN: 0195119541

        Book Description

        Environmental Economics is the first text that concentrates solely on environmental economics--the problems of earth, air, and water pollution--with an emphasis on both government and regulation and private-sector anti-pollution incentives. It assumes a knowledge of intermediate microeconomics; therefore, basic economics is not reviewed in this book as it is in others. The book is divided into four primary sections: the first section defines the field of environmental economics in relation to general economics and to ecological and resource economics; the second section looks at market failure and considers why, even with apparent environmental protection, the market often fails to work properly; the third section examines government regulation of pollution using the industrial organization literature; and the final section looks at the demand for environmental quality, covering both revealed preference and stated preference methods. Because of global interest in environmental economics, this text includes many international examples and places special emphasis on the way countries around the world approach and control their own environmental problems. Environmental Economics is ideal for undergraduate and beginning graduate courses in environmental economics.

        Customer Reviews:

        3 out of 5 stars So So.......2007-02-25

        Purchased for an Eviro Econ Course. Book covers most topics, weak on valuation. Full of typos. Discussion of many topics very convoluted. Not an easy read.

        5 out of 5 stars great customer service from amazon.......2005-10-09

        i ordered this book for a class, but the class ended up being cancelled so i returned the book since i didn't need it anymore. the return process was simple and amazon credited the money back to my account very quickly. very good service!

        4 out of 5 stars Great introduction to Environmental Economics ........2002-01-24

        Actual rating - 4.5 stars .

        I read this book as a must-read for the Environmental Economics course I had taken in the beginning of the last semester . I think this book is a great choice for students that are interested in this topic . Myself , I didn't know what to expect in the beginning of the course , but it turned up to be a surprisingly interesting and important issue - with the good help of this book .

        I have to say that I've learned a lot from reading this book , and it has been a pleasant experience too . Professor Kolstad has really accomplished a commendable achievement in writing a fluent , methodical , thorough and interesting book about Environmental Economics , nearly everyone who wishes to , can read and understand .

        I say it as a student who hasn't read other works on the subject , but nevertheless , feels this book has many pluses as an introduction to this subject :

        - The author , in spite of announcing it is a book for persons that have taken an Intermediate Microeconomics courses , makes far-reaching efforts to explain nearly every statement he proclaimed . This is a good feature students can use for reviewing forgotten material , deleting the need to use more fundamental books for understanding .

        - Significant number of chapters includes a small use of mathematic tools . This fact is of considerable help for the layman , who is interested in expending horizons and lacks the necessary mathematical skills .

        I believe the following points characterize many tutorials , but it's important to note them anyway;

        - Every figure the author uses is accompanied with detailed explanations that enhance the reader's ability to understand the sketch and the whole subject while at it .

        - Every chapter includes an introduction and a summery . The first connects the chapter to the previous one , and assists in grasping the place it takes in the big picture of things , while the second one summarize the major issues dealt with . This functions organize the material and construct an understandable structure of knowledge .

        - One last thing , that consists an advantage constructed with disadvantage is the appearance of questions and problems in the end of each chapter , in the obvious order to help you check out your understanding , but with the irritating absence of answers and solutions (!) . What's the point in composing personal examinations without any achievable , certified solutions ? How can I know I am right ? I recommend authors to annex a booklet/extra pages with the correct answers , along with a full description of the way to the solution plus explanations - if you include such a tutorial tool in your book - do it right .

        Excluding the last disadvantage , I'm most pleased with this book , and would recommend it for anyone who is interested in environment and its protection problems

        4 out of 5 stars complete and comprenhensive.......2000-03-26

        This book is more than a simple overview of the wide environmental economics world, since it embraces the subject in a clear, comprenhensive but in-depth enough to get a very good picture of it.
        Economic Approach to Environment and Natural Resources (with Printed Access Card)
        Average customer rating: 4 out of 5 stars
        • The Economic Approach to Environmental and Natural Resources
        Economic Approach to Environment and Natural Resources (with Printed Access Card)
        James R. Kahn
        Manufacturer: South-Western College Pub
        ProductGroup: Book
        Binding: Hardcover

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        ASIN: 0030314542

        Book Description

        This innovative, cutting-edge book takes a hands-on approach to the origins of environmental problems, their economic consequences, and the policies that address them. Economic Approach to Environment and Natural Resources with Economics presents environmental economic theory and methods in the first five chapters and then applies and reinforces them with illustrations and applications in the subsequent chapters. No other book provides a stronger link between theory and applications.

        Customer Reviews:

        4 out of 5 stars The Economic Approach to Environmental and Natural Resources.......2000-11-27

        While getting a little long in tooth, this text is an excellent introduction to environmental economics. Unlike many texts in this area, the methodology used in this text is quite similar, although less mathmatically rigorous, to presentations used in graduate studies.
        Beyond Oil and Gas: The Methanol Economy
        Average customer rating: 4.5 out of 5 stars
        • Wake up, world
        • This book is great!
        • an excellent job covering alternative renewable energy sources
        • A pre-review
        • eloquently argued
        Beyond Oil and Gas: The Methanol Economy
        George A. Olah
        Manufacturer: John Wiley & Sons
        ProductGroup: Book
        Binding: Hardcover

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        ASIN: 3527312757

        Book Description

        In this masterpiece, the renowned chemistry Nobel Laureate, George A. Olah and his colleagues discuss in a clear and readily accessible manner the use of methanol as a viable alternative to our diminishing fossil fuel resources. They look at the pros and cons of our current main energy sources, namely oil and natural gas, and varied renewable energies, and new ways to overcome obstacles.

        Following an introduction, Olah, Goeppert and Prakash look at the interrelation of fuels and energy, and at the extent of our non-renewable fossil fuel resources. Despite the diminishing reserve and global warming, the authors point out the continuing need for hydrocarbons and their products. They also discuss the envisioned hydrogen economy and its significant shortcomings. The main section then focuses on the methanol economy, including the conversion carbon dioxide from industrial exhausts (such as flue gases from fossil fuel burning power plants) and carbon dioxide contained in the atmoshere into convenient liquid methanol for fuel uses (notably in fuel cells) and as a raw material for hydrocarbons. The book is rounded off with a glimpse into the future.

        A forward-looking and inspiring work regarding the major challenges of future energy and environmental problems.

        Customer Reviews:

        5 out of 5 stars Wake up, world.......2007-10-01

        The extraordinarily wide-ranging review of our major energy sources should be manadtory reading for everybody.

        The case is then made for developing (and researching further) the use of methanol as a future energy source. It is compelling.

        Why do we not hear politicians and the press screaming for this work to be done?

        Creating a practical new source of energy whilst having an impact on CO2 greenhouse gases seems to be a possibility.

        Wake up world ! - it's time for a paradigm shift.


        This is a masterpiece - a remarkable book at an amazingly low price.

        5 out of 5 stars This book is great!.......2007-02-14

        1. The author is highly knowledgeable (He won a Nobel Prize for this work.)
        2. Applying these concepts in the marketplace would change the global economy.
        3. We intend to buy 10 more copies for distribution to others.

        5 out of 5 stars an excellent job covering alternative renewable energy sources.......2006-11-24

        Olah (1994 Nobel laureate carbocation chemistry, director of the Loker Hydrocarbon Research Institute) and his coauthors do an excellent job going over fossil fuel(coal, natural gas, oil) resources, how close we are to running out of each, the vast number of uses for these resources, and the likelihood of climate change due to their burning. It is assumed that in the future we will have abundant energy available from nuclear and alternative sources. Methanol would then be one of the prime carriers of this energy, and an alternate source for all petrochemicals.

        They also cover alternative renewable energy sources, compare using hydrogen versus methanol as a carrier of energy from new renewable energy sources and nuclear energy plants. The authors do a thorough job pointing out the enormous use of hydrocarbons throughout the industrial world for a huge array of products. Not only do we need vast new renewable sources of energy we also need to be able to use this energy to change new carbon sources into useful products. The new source of carbon, methanol from CO2 and H2! Olah, et al shows in great detail how methanol can be changed chemically into the precursors for just about anything and at very high efficiencies. We would use energy from nuclear and new renewable energy sources directly where we can, such as powering our factories and homes' electrical systems. We would use some of this new energy to change CO2 from emissions and hydrogen from electrolysis of water, into methanol to run our cars, trucks, etc., and provide feedstock for all the products now produced from petroleum. Note that methanol formed this way adds no new CO2 since CO2 from the surroundings is used to make it. This is very similar to using ethanol produced from corn or other biomass, except it involves more chemistry.

        The new process involves using electrochemical or photochemical reduction of CO2, which forms methanol, formic acid and formaldehyde, CO2 + 2H2 -> CH3OH with additional products which are also changed to CH3OH,
        HCHO + HCO2H -> CH3OH + CO2
        They don't give a lot of details, because they have a patent pending on the process.

        In the interim, while we are developing and building alternative renewable energy sources, we can change coal, natural gas, biomass, etc., into methanol. This is already done to a small degree and existing infrastructure for gas and oil can be used with small adjustments. The authors also compare using hydrogen and methanol, as storage and transport media.

        It was a surprise to me that there is more hydrogen in a liter of liquid methanol (98.8 g of hydrogen) than in a liter of liquid hydrogen (70.8 g at -253?C), water for comparison has 111g of hydrogen. Methanol would store and transport much more easily than liquid hydrogen.

        The first sources of CO2 would be exhaust gas from utilities and big factories, which generate a lot of CO2, hydrogen would come from water being electrolyzed, CO2 + 3H2 -> CH3OH + H2O. Then as our CO2 capture methods get better it would be captured directly from the air. Anyone in the world would with access to energy, would then have a source for a vast array of chemicals! Note that if CO2 becomes a useful commodity people and nations will compete to pull it out of the atmosphere, and prevent it from being released since it has value. This has much greater appeal than other proposals such as sequestering of the CO2. A lot would depend on how efficient the process is. It would be useful if they would give some information on this, but Olah replied to me that `...we have of course extensive patent coverage filed for and in process. For obvious reasons in our book we could not go into any details.

        The driving force for the Methanol Economy is new energy from nuclear and alternative renewable energy sources, which we don't have yet, replacing hydrocarbons as fuel. Olah, et al has great confidence that the many problems facing these new energy sources are solvable. The authors are quite negative on the safety of hydrogen, but don't seem to see a major non solvable problem with nuclear. Nuclear as we know certainly has its problems, and most of us are wary of nuclear. Scientific American had an article (December 2005 issue) on the latest nuclear plant design which uses 99% of the fuel rather than 1% in current plants. It would also have proportionally less radioactive waste, with a much shorter halflife. One of the hookers is using two separate liquid Na (at 600?C) loops as a coolant. Not a minor engineering feat. Another recent Scientific American article Sept 2006, instead sings the praises for 3rd generation nukes with improved technology, but with the same problems we currently have.

        A fuel cell is being developed which uses methanol directly.
        Anode: CH3OH + H2O -> CO2 + 6H+ + 6e-
        Cathode: 1.5O2 + 6H+ + 6e- -> 3H2O
        Overall: CH3OH + 1.5O2 -> CO2 + 2H2O
        It has a theoretical efficiency of 97%, so far 34% has been achieved, while using H2 and O2 in a fuel cell has a theoretical efficiency of 83%. Of course methanol produces CO2 (which would eventually be used as feedstock) as compared to H2 which just produces water, a great advantage.

        Anytime we contemplate huge installations for generating energy, whether they are nuclear or renewable we face the problem of transporting the energy to the user. Methanol, since it can use existing infrastructure of pipelines, trucks, gas stations with few changes would appear to be far cheaper than hydrogen. A July 2006 article in Scientific American `A Power Grid for the Hydrogen Economy' pointed out that our nation's electrical grid is experiencing problems and a possible solution would be to create a new national grid which would carry electricity from distant plants-renewable, nuclear, coal fired etc., by a superconductor cooled by liquid hydrogen. You would have the electricity almost resistance free (about 10% is currently lost in transmission) and the hydrogen for chemical uses. The economics of all these proposals is very hazy.

        Some further food for thought is a 1998 study that indicates that the unsubsidized price of gasoline was between $6- 15/gal. A number of other studies place it at $3-11. If their methodology is close to correct then the current subsidy is much higher now, and if this subsidy were available to alternative energy sources they would be much more competitive.

        4 out of 5 stars A pre-review.......2006-07-08

        Obnoxious to review a book before even receiving it, but it is a call to arms. So 4 points only because I haven't read it.
        I heard a corner of an interview with Olah on NPR, he chuffing expansively around Everything while the whiny host became more miffed at not being able to keep his guest on track in the 3 minutes alloted between ads (yes NPR is as bad as TV) and was reduced to puerile apoplexy. So I have ordered the book. But I am pessimistic about its prospects.
        Too easy for America to ignore even Nobel laureates with names like Olah, Goeppert and Prakash; and if Nader, say, were to join their party it would be even easier to write a new methanol-based industry ("Methanol") off as sub-fringe. Even the voices for urgency in the energy - greenhouse gas crisis like Al Gore will not notice it. It will take a nation with bizarre politics like South Africa (lots of coal, long tradition of gasoline manufacture from coal, perpetual revolutions bubbling under the surface), or Denmark (Just Say No) to invest massively against the common wisdom in a pilot methanol system to get attention. The US is Exxon-Mobil, Disney non-science of the space station, NFL, Murdoch; it is the buffalo herd heading for the cliff.
        The essence of Methanol is:
        ++ carbon dioxide waste from point sources such as coal-fired plants can be converted to methanol (of course it takes more energy; Methanol is not a perpetual energy dream); but is it not a bit more advanced to recycle your carbon dioxide than to pump it underground as in the supposedly innovative notions on the table for reducing greenhouse emission?
        ++ methanol is a safe chemical which can be directly added to the current gasoline stream (OK minor modifications, but it is not a completely unrealistic new system, and highly unsafe, like hydrogen); methanol is not going to cause explosions devastating port and city or require a completely new distribution system;
        ++ methanol can be the basis of just about any chemical synthesis (fuels, plastics) currently using fossil fuels;
        ++ ethanol is in contrast a boondoggle pushed by the corn lobby dominated by Archer Daniels Midland ("supermarket to the world" on NPR); it takes huge subsidy to produce, some ridiculous amount of gasoline or diesel to make a gallon of gas; and yes our former Dem Senate leader Daschle was one of ADM's finger puppets; but you can make ethanol very easily from methanol if you really want it);
        ++ hydrogen as a major fuel is so unrealistic it is quite evident that for Bush et al it is just a diversion.
        What Methanol needs is scions (sound bites for short witted Americans), and advocates such as a Hillary for whom Methanol would be an additional stigma (she ain't gonna get there anyway folks) but who could at least put it on the table. I do not know if this book may eventually become a bible for Methanol, but it probably will not be the seminal point because the US (the big buckeroo) is such unreceptive soil to actual intelligence. We are deafened by the disintelligence.

        4 out of 5 stars eloquently argued.......2006-06-29

        In this very topical book, Olah and his co-authors advocate using methanol to drive a future economy. Olah's authority is impeccable, having won a Nobel for work on hydrocarbon research.

        The book analyses other proposed energy sources. Notably nuclear and biomass. All against a backdrop of diminishing fossil fuels. They pan the former. And they suggest for the latter that its disadvantages are becoming clearer each year. Like the greenhouse effect and global warming. Along with the lesser and lesser likelihood of massive new fossil fuel finds.

        The use of methanol is then scrutinised. How it is synthesised, to how it is stored, transported and burnt. A strong chemistry background is needed to understand if the text fully makes sense.
        Informal Learning: Rediscovering the Natural Pathways That Inspire Innovation and Performance (Essential Knowledge Resource)
        Average customer rating: 5 out of 5 stars
        • Highly Recommended
        • Cycling to knowledge
        • 10 Things I Like About This Book
        • Informality at its best
        Informal Learning: Rediscovering the Natural Pathways That Inspire Innovation and Performance (Essential Knowledge Resource)
        Jay Cross
        Manufacturer: Pfeiffer
        ProductGroup: Book
        Binding: Paperback

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        Similar Items:
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        3. Beyond E-Learning: Approaches and Technologies to Enhance Organizational Knowledge, Learning, and Performance Beyond E-Learning: Approaches and Technologies to Enhance Organizational Knowledge, Learning, and Performance
        4. Designing Successful E-Learning: Forget What You Know about Instructional Design and Do Something Interesting (Michael Allen's E-Learning Library) Designing Successful E-Learning: Forget What You Know about Instructional Design and Do Something Interesting (Michael Allen's E-Learning Library)
        5. Michael Allen's E-Learning Library: Creating Successful E-Learning : A Rapid System For Getting It Right First Time, Every Time (Michael Allen's E-Library) Michael Allen's E-Learning Library: Creating Successful E-Learning : A Rapid System For Getting It Right First Time, Every Time (Michael Allen's E-Library)

        ASIN: 0787981699

        Book Description

        Most learning on the job is informal. This book offers advice on how to support, nurture, and leverage informal learning and helps trainers to go beyond their typical classes and programs in order to widen and deepen heir reach. The author reminds us that we live in a new, radically different, constantly changing, and often distracting workplace. He guides us through the plethora of digital learning tools that workers are now accessing through their computers, PDAs, and cell phones.

        Customer Reviews:

        5 out of 5 stars Highly Recommended.......2007-03-26

        Jay Cross has written an invaluable book here for many reasons.

        It can be hard to face up to, but the medieval basis of our education is suddenly and starkly out of touch with the needs of a post-network society. After reading this book, it's hard not to face up to that fact, because we now have a compelling, if nascent, alternative. The web enables a wholly different, but infinitely more effective approach to learning - through self-direction, and peer collaboration, motivated by individual choice, for example. As Jay points out, given the complexity and pace of change of 21st century life, we simply must change. (I have an 8 year -old daughter in school and it pains me to see what she's going through when it will all become obsolete in just a few years.) He outlines a kind of proto-pedagogical alternative, taking 'natural' learning as its starting point. He blends online/offline ideas with ideas from design, motivational psychology, etc, but is careful not to lose sight of learning objectives.

        As an educator/trainer of over 20 years myself, I believe the book succeeds. Jay isn't a tremendous stylist, nor are his ideas wildly original, but he does exactly what is needed. He makes the case for alternative approaches to learning in a clear and simple way with plenty of diagrams, and examples. Although his focus is on corporate training, rather than traditional education, the implications reverberate. He brings years of training experience, together with an optimistic outlook to practice what he preaches. Having read his blog o ver the course of severalk months it has left it's makr on my own

        The book is almost a metaphor for the kinds of challenge we face: hard to pin down, constantly changing, yet sometimes so obvious that we fail to see the significance. Jay doesn't have all the answers because that is the kind of (medieval) certainty he cautions against. He has brought an important discussion into the light of day. I don't know anyone who wouldn't benefit from this book.

        Ken Carroll

        5 out of 5 stars Cycling to knowledge.......2007-01-03

        Formal learning is like riding a bus, it goes, starts and stops when & where someone else decides (bus driver and urban transport committee) - informal learning is then like riding a bicycle, you choose the time, route and destination.

        Way more learning happens in the coffee room than the classroom, but firms continue to spend way more on formal training than informal learning - there is a huge disconnect right there. The theme is similar in KM - formal structured tools, top-down mandates, ROI and the smells of project management dominance, do little to enhance agility, awareness, creativity, shared understanding and meaning - which add the real value.

        Jay talks about unblended learning, emergence, grokking, envisioning, unconferencing, connecting, conversation, community, web2.0 and JDI (just do it). He makes the point that classes are dead, that every learner needs to cultivate an ecology, share via voicing, communicate using stories and build common text by collaborative editing (wikis).

        Jay has written this timely book in the form of short stories and vignettes, recounting his experiences and perspectives. I did not find much new stuff, although there are many interesting examples and truths, but Jay managed to hit the high spots so often, I was nodding in agreement as I read along. Clearly we all have to assume responsibility for our own awareness, learning and critical inquiry. Jay neatly illustrates the tools, hints at the practices (which need more refinement) and paints the landscape.

        http://informl.com/

        5 out of 5 stars 10 Things I Like About This Book.......2006-12-17

        First, a bit of context: I'm a seasoned (30+ years) practitioner in the field of leadership development, organizational learning, design and change. I've come to see that the work of transforming our organizations to new levels of consciousness, effectiveness and sustainability rests on our skill as practitioners and leaders in achieving a breakthrough an organization's capacity to learn how to learn--to be responsive to ever-increasing challenges and ever-increasing rates of change.

        I've long been aware of the high cost and relative ineffectiveness of conventional "butts-in-seats" approaches to individual and organizational learning. The accelerating emergence of relevant learning strategies, methods, technologies and tools over the past decade has been encouraging--necessary but not sufficient. Jay Cross' wonderfully crafted Informal Learning constitutes a major breakthrough for all who care about transforming the organizations they serve.

        10 THINGS I LIKE ABOUT THIS BOOK --

        1. It does a magnificent job of explaining how we actually learn. It turns much "conventional wisdom" on its head. It provides us a cornucopia of innovative ideas for how to stimulate a culture of learning and innovation throughout an organization.

        2. It's clear, clean and creatively written/formatted. I was pulled into and through the book by Jay's open, straight-talking, conversational style. His use of a variety of illustrations and juicy sidebar tidbits kept luring me to go just a bit further. The accessibility of information is superb.

        3. It's alive. It's up-to-the minute and it anticipates a future where organizations are becoming increasingly alive and conscious because they've mastered the art of encouraging and nurturing informal learning.

        4. Jay has distilled hard-earned wisdom from a rich collection of experts and pioneers--transformation-minded innovators and practitioner-theorists who I deeply respect--infinite players such as John Seely Brown, Etienne Wenger, David Cooperrider, Juanita Brown, David Sibbet, Verna Allee, Bruce Cryer and George Leonard.

        5. Informal Learning is extraordinarily comprehensive and discerning. Jay has cast a wide net and presented us with only that which is value-adding. He has separated the wheat from the chaff.

        6. It's an out-of-the-box paradigm-shifting book. He shakes up our traditional ways of thinking about learning, training and education in organizations. Informal Learning provides a variety of cures for "hardening of the categories."

        7. It challenges and supports HR and Training departments to multiply their effectiveness in promoting and sustaining a vibrant informal learning culture. It provides pragmatic guidance in creative ways of weaving the work of people development throughout the fabric of an organization's operations.

        8. It both challenges all organizational leaders to take direct responsibility for creating and maintaining an environment--a "learnscape"--where informal learning will naturally take root and flourish. It then provides a plethora of ideas for how to make that a reality.

        9. I can easily visualize a number of generative ways of planting this book in organizations--ways that will cause relevant ideas to germinate, take root, grow and spread.

        10. Best of all, Jay has built a strong case for treating an organization's approach to learning as a potential core business strategy. As we move into an era of ever-increasing change, an organization's capacity to learn and to innovate will become increasingly crucial to it's sustainability.

        So -- Thank you, Jay Cross! Your book is a great piece of work--a major contribution to the world of organizations, leadership development, organizational design, learning and change. Leaders and practitioners everywhere will gain much by accessing and experimenting with the many ideas and insights you have provided us in this book.

        5 out of 5 stars Informality at its best.......2006-04-15

        Informal Learning begins with a discussion of how the passage of time is accelerating. The 21st century will see the experience of 20,000 old 20th century years. That said, I'm hardly surprised to find this book on Amazon, eight months before it will be published. (I'm still editing the copy.)

        As long as you're here, I'll share what the book is going to be about. People learn how to do their jobs informally - talking, observing others, trial-and-error, and simply working with people in the know. Formal training and workshops account for only 10% to 20% of what people learn at work. Most corporations over-invest in formal training while neglecting more natural, simple ways to learn.

        Learning is that which enables you to participate successfully in life, at work, and in the groups that matter to you. Informal learning is the unofficial, unscheduled, impromptu way people learn to do their jobs.

        Learning is adaptation. Taking advantage of the double meaning of the word network, to learn is to optimize the quality of one's networks.

        Executives don't want learning; they want execution. They want performance. Informal learning is a profit strategy. Companies are using informal learning to:

        * Improve knowledge worker productivity 20% - 30%
        * Increase sales by Google-izing product knowledge
        * Generate fresh ideas and increase innovation
        * Transform an organization from disaster to record profits
        * Reduce stress, absenteeism, and healthcare costs
        * Invest development resources for maximum impact impact
        * Increase professionalism and professional growth
        * Cut costs and improve responsiveness with self-service learning

        Training is something that's pushed on you; learning is something you choose to do. Many a knowledge worker will tell you, "I love to learn but I hate to be trained." Knowledge workers thrive when given the freedom to decide how they will do what they're asked to do. They rise or fall to meet expectations.

        Informal Learning is about challenging workers (and executives) to be all they can be.

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        1. Environmental and Natural Resource Economics (7th Edition)
        2. Evolutionary Conservation Biology (Cambridge Studies in Adaptive Dynamics)
        3. Field Notes from a Catastrophe: Man, Nature, and Climate Change
        4. Footprints in the Jungle: Natural Resource Industries, Infrastructure, and Biodiversity Conservation
        5. Fundamentals of Ecotoxicology
        6. Gender and Policing: Comparative Perspectives
        7. Geoenvironmental Engineering: Site Remediation, Waste Containment, and Emerging Waste Management Techonolgies
        8. Geography of Nowhere: The Rise and Decline of America's Man-Made Landscape
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