The deeper I get into the history of energy in America, the more I realize that it’s impossible to examine energy (or green tech) alone. I want to know more about technological diffusion, the systems that constrain or promote tech R&D, the financing systems that allow different types of technology companies to be founded, and (of course) how these factors have impacted the adoption of solar, wind, and geothermal energy. As you might imagine, there are very few even passably rigorous attempts to explain these things.
The common treatment is simply to say, “Renewable energy is just too expensive.” That’s why Google says RE < C is the ticket to a better world. John Doerr is slightly more subtle. He says that we have to make the right outcome (clean energy) more profitable than the wrong outcome, so that it will become the most likely outcome.
But how things drop in cost, why, and whether that’s the only reason firms and consumers make decisions remain unexamined in these statement. I get it, though. That’s because it’s hard to bring the forces of several different disciplines to bear on this problem. It requires learning a bunch of different methods and folksonomies.
But hey, why write a book if you don’t really want to get your hands around something? So, I’ve been assembling a small bibliography of economic history and technological change. When I say technology here, I’m including the innovations of a social variety, too. Here’s what I’ve got on my reading list for the next couple of weeks.
- Susan Previant Lee and Peter Passell. A New Economic View of American History. 1979. The kind of quantititative economics that we’ve all come to love. You can win with data.
- David Edgerton. The Shock of the Old: Technology and Global History Since 1900. 2007. “Much of what is written on the history of technology is for boys of all ages. This book is a history for grown-ups of all genders.”
- Aidan Davison. Technology and the Contested Meanings of Sustainability. 2001. So far, an attack on the “ecomodernist” project, under which Davison would probably file the entire realm of green technology.
- Eric Higgs, Andrew Light, and David Strong, Eds. Technology and the Good Life? 2000. A lot of thoughts about the philosophy of technology, with a focus on the fruits of Albert Borgmann’s philosophical tree.
- Enrico Santarelli. Finance and Technological Change: Theory and Evidence. 1995. It’s fascinating how little information I can find about how finance/banking technocrats evaluate technologies that come before them. Yet in modern green tech, they are really the keepers of the keys.
- Johnathan Hughes. The Governmental Habit Redux: Governmental Controls from Colonial Times to the Present. 1991.
- Joel Mokyr. Twenty-Five Centuries of Technological Change. 1990. An economic primer on technological change.
- Daniel Boorstin. The Republic of Technology. 1978. Boorstin’s attempt to understand globalization it seems. With characterstically soaring language. (I’m not complaining.)
- Nathan Rosenberg. Inside the Black Box: Technology and Economics. 1982. Love it. Starts with a historigraphy of technical progress.
- Paul Stoneman. The Economics of Technological Diffusion. 2002. A textbook. Lots of curves and graphs.
- David Noble. America by Design: Science, Technology, and the Rise of Corporate Capitalism. 1977.



[...] of energy technology and institutions (previously mentioned here in an earlier post). Recently he wrote: The deeper I get into the history of energy in America, the more I realize that it’s impossible [...]
My summer energy reading list includes:
Bottomless Well by Peter Huber
Gusher of Lies by Robert Bryce
The Black Swan by Nassim Nicholas Taleb
What’s your favorite energy book? Any chance you know one that includes Samuel Insul?
There are some good books about the electric utility industry that discuss Insull. You could try this one, which I haven’t read but I’m pretty sure would give you what you want: http://books.google.com/books?id=eHjcrOi2hZkC I have read this one, which has a great section on Insull and finance: http://www.amazon.com/Americas-Electric-Utilities-Present-Future/dp/0910325839 Let me know if you can’t find it for a reasonable price and I can lend you my copy.
Also, Huber is an interesting thinker, but I’m not totally sold on his arguments. I’m glad he’s out there, though, complicating the debate on efficiency, which otherwise is a Greek chorus.
If you’d like to read a very specific case-study of one technology (wind) that illustrates why, even after it has been proved to be cheaper than non-renewables, it won’t win in a strictly market economy, you couldn’t do better than Jerome a Paris’ take on why wind needs feed-in tariffs.
http://www.theoildrum.com/node/3688
I know that sounds terrifically boring, but as someone who has encountered and been forced to dive into the financing issues again and again in his own coverage of green tech, I hope you’ll believe me when I say that this piece pretty much changed my life — or at least how I think about how green will have to get done on the money side.