A myth-shattering book that explains why energy is not scarce, why the price of energy doesn't matter very much, and why "waste" of energy is both necessary and desirable. The sheer volume of talk about energy, energy prices, and energy policy on ...
on both sides of the political aisle suggests that we must know something about these subjects. But according to Peter W. Huber and Mark P. Mills, the things we think we know are mostly myths. In The Bottomless Well, Huber and Mills show how a better understanding of energy will radically change our views and policies on a number of very controversial issues.
Writing in take-no-prisoners, urgently compelling prose, Huber and Mills explain why demand for energy will never go down, why most of what we think of as "energy waste" actually benefits us; why more efficient cars, engines, and bulbs will never lower demand, and why energy supply is infinite. In the automotive sector, gas prices matter less and less, and hybrid engines will most likely lead us to cars propelled by the coal-fired grid. As for the much-maligned power grid itself, it's the worst system we could have except for all the proposed alternatives. Expanding energy supplies mean higher productivity, more jobs, and a growing GDP. Across the board, energy isn't the problem, energy is the solution.