Posted on 12/01/2012 8:50:24 PM PST by SeekAndFind
Unfortunately, it is extremely costly and requires heavy government subsidies.
Last year, the epic downfall of Solyndra — the former solar cell manufacturer backed by the Obama administration — was one of the most notorious blows to the industry.
As with most young industries, experts argue that green energy just needs time before it can reach economies of scale and become cost effective.
But lately, those time frames have become extended. Meanwhile, fossil fuels like coal and natural gas continue to be devastatingly cheap.
We pulled together key charts from the studies that are causing people to lose hope in green energy.
(Excerpt) Read more at businessinsider.com ...
“The impact of Obamas gagging energy.resources.(a socialist construct never branded as such) with policies requiring reliance on intermittent sources wind and solar and that resulting in massive corruption .,restricted use of drilling, and coal ,bans and on fracking, and resulting prices doubling on everything.. This was a bread and butter issue which reached into every demographics pocketbook including accepting the demo-com definition of hyphenated African-Hispanic -Americans .” Never exploited by the Romney campaign From http://www.theusmat.com/ Why Republicans lost
There is more hydropower from the Central Appalachians than you seem to indicate, however the only river I can think of that both has enough water flow and drop for scheduled hydro deliveries that has not already been fully exploited is the Potomac. The biggest obstacle to building the hydro power facilities on the Potomac are politics as the river is a state boundary.
“Losing Hope For Green Energy” Maybe everybody but Salazar who just approved the “off-shore wind” boondoggle.
Green energy - using 5 gallons of gasoline to produce the electricity equivalent to the power generated by 2 gallons of gasoline.
We don’t really do ourselves a service when we distort the cost of green energy. By socializing it, we create victims who are forced to pay for the energy use of others. Worse, we lose the ability to efficiently allocate our finite capital.
But this applies to all forms of energy. Nuclear power may enjoy the greatest subsidy of all by the federal government’s willingness to backstop disaster liability. If a nuclear power plant near an urban area melted down, like those did in Japan, the liability tail of that incident would be measured in hundreds of billions of dollars. The proper premium for assuming that risk is a subsidy that amounts to several billion a year.
I posted the links a year ago. Patty Murray wrote the bill and they tacked it onto the transportation bill that the house signed this summer. That covered the extra land for the RR sidings and maybe additional rails, all the environmental studies, the cost of the permitting, the start up money and the cost of the mitigation. Rockefeller has a bill sitting in committee to pay for the rest.
It’s a known fact in Whatcom County that there will be no mitigation unless tax payers pay for it. The whole coal terminal is nothing but another Shepherd’s Flats or Solyndra. Look at the fact that PRB coal trades at $10.35/ton and you will know that no one would build a terminal of this size to specifically ship sub-bituminous coal, not with their own money.
Oh, by the was, Murray’s bill covered ALL GATEWAY projects around the country. GATEWAYS are what the Agenda 21 people call the hubs, ports and terminals that connect their multi-modal transportation corridors.
Thank you that is good information to know. I will look at it.
Are you aware that Patty Murray’s husband was an SSA employee. I think that he may have retired after it became known that Murray had written the bill to fund the coal terminal for her husband’s employers.
What is really amazing is that the local Republicans refuse to look at the facts regarding this project and continue to support it, claiming that they are fighting Obama’s war on coal and supporting union jobs. Yeah, supporting them with our tax dollars. It’s frustrating.
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