A guest speaker to the university department where I am studying recommended this book. I wasn't too impressed with the speaker: he said climate change was massive conspiracy. He also said all energy comes from the sun, which is not entirely true because there's nuclear, tidal and geothermal. Then I saw one of the authors being interviewed on a YouTube clip and he didn't seem like a complete idiot. I gathered the book was a bit on the right of centre, politically speaking, but you shouldn't just read stuff that confirms your biases, so I decided to read it.
I thought much of it was superb. Especially good were the descriptions of how it is not merely the quantity of energy, but the quality that is so important. For example, laser light is a higher quality form of energy form than electricity, which is a higher form of energy than heat. I'm not sure there is a term that decribes the quality of an energy form. There's a term called entropy, but that describes the disorder of a system, not its quality. I also liked the section that explained how knowledge, for example in the form of digital communications or logic circuits, and power, for example in power electronics, were separate sides of the same coin.
Although, the thermodynamics part of the book was great, I was not so sure of the economics. The authors quote Einstein saying to the effect that Sadi Carnot's ideas of thermodynamics was a theory that would never be overturned. Well, you can't say the same thing about any economic theory. The book seemed to argue that politicians should just leave market forces to sort out society's energy problems without interfering - yeah, right. In one particularly infuriating passage, the authors say no responsible capitalist would bet their auto industry on new greener technology just to please environmentalists. Then I noticed the book was written in 2005 before the economic crisis, when the manufacturers of those SUVs the authors seemed to love so much went cap in hand to the government for a bale out. In fact, much of the book seems to read as a defence of an American's right to consume as much energy as he/she likes without being made to feel guilty about it.
I was also not totally convinced that market forces would automatically come up with new sources of energy. This seems to be an assumption of economic theory. The authors seems to think the sources would be uranium and coal. Could be, my supervisor thinks they will have a big part to play. I recently heard they were getting somewhere with nuclear fusion using lasers. I am sure the authors would love the prospect of lasers, a very high quality form of energy, being used to induce fusion.