Energy for the 21st Century: A Declaration of Guiding Energy

 

“There is a very strong correlation, both historically and globally, between access to affordable, reliable energy, and the realisation of safety, comfort, convenience, and beauty—what we call human flourishing… Energy will not end poverty, but we cannot end poverty without energy.”

In this paper, Mark Mills and Scott Tinker set out why affordable energy is foundational for civilisation. Lifting people out of poverty, ensuring human flourishing, pursuing innovation, achieving energy security, and balancing the need for affordable and reliable energy while protecting the environment are all vital goals.

 

Summary of Research Paper

Perhaps the single most remarkable achievement of humanity over the centuries has been the reduction in the share of national economies devoted to simply getting enough food and fuel. For most of history, between 50% and 80% of the economic output of nations has been consumed by those two essential pursuits. Since the dawn of the industrial and fossil fuel era—which are closely interlinked—that share has dropped impressively to below 20%. This is the real “energy transition”, and it has freed up time and capital for people to spend on education, health, comforts, and protecting the environment.

The central challenge of our time is thus illuminated by a simple fact that about one-fourth of the world’s population accounts for three-fourths of global GDP. Our goal for the coming century should be to ensure that the whole population—both the less fortunate in already developed countries as well as those in emerging and developing nations—can obtain the material wealth and social conditions enabled by low-cost, abundant energy, and in so doing have the economic wherewithal to invest in environmental protection. That will require significantly more energy.

Because energy is foundational for civilisation, as a guide for framing civil dialogue and deep thinking around the energy-environment balance, we propose herein nine energy principles, three each in three domains—Economics, Politics, and Science and Technology. These principles are underpinned by the laws of nature, fundamentals of economics, and standards of civil governance, rooted in what history teaches, and what is possible, practical, and reasonable.

It is our hope that the nine guiding principles offer a framework for policies directed at achieving that goal.

Scott Tinker and Mark Mills

Mark Mills is Executive Director of the National Center for Energy Analytics, a contributing editor at the C ity J ournal, a faculty fellow at Northwestern University’s school of engineering, and co-founding partner in Montrose Lane. He is author of the book The Cloud Revolution: How the Convergence of New Technologies Will Unleash the Next Economic Boom and a Roaring 2020s (2021), and previously: Digital Cathedrals (2020), Work in The Age of Robots (2018), and The Bottomless Well (2006). He served as chairman and CTO of ICx Technologies helping take it public (2007). Earlier, Mark served in the Reagan White House Science Office, and prior to that was an experimental physicist and development engineer in microprocessors and fibre optics.

Dr Scott Tinker is the CEO of Tinker Energy Associates, Chairman of the Switch Energy Alliance, professor at The University of Texas at Austin, and Director Emeritus of the Bureau of Economic Geology. 

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