Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

Discussion in 'Environment' started by abu afak, Jun 11, 2018.

  1. abu afak
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    abu afak ALLAH SNACKBAR!

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    Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
    It's cost-effective, creating jobs, AND a better planet.
    **** the Throwback and Trumpov... Coal IS Dead
    THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
    Wall Street Journal:

    Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
    In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
    By Russell Gold - Wall Street Journal
    June 11, 2018
    Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

    Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.

    More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.

    In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.
    Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.

    Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.

    This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....

    WSJ is by subscription, and I can't post the rest due to OP Space constraints.
    However, if anyone requests I could post the balance at some point.
    `
     
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    Last edited: Jun 11, 2018
  2. Billy_Bob
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    Billy_Bob Platinum Member

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    LOL...

    How many will die from this stupidity...

    Its amazing the facts the left will leave out to promote the agenda..
     
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  3. abu afak
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    abu afak ALLAH SNACKBAR!

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    How many die due to the Current stupidity: polluted air, water, and food chain?

    BACKFIRE time

    Money Talks, Billy Bob Walks.
    Blo me.
    `
     
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  4. JGalt
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    JGalt Platinum Member

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  5. Jimmy_Chitwood
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    Jimmy_Chitwood Gold Member

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    How many solar panels do you have fruit loop?
     
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    Last edited: Jun 11, 2018
  6. abu afak
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    abu afak ALLAH SNACKBAR!

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    How many Oil Wells do you own?
    (strawman moron)
     
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  7. Jimmy_Chitwood
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    Jimmy_Chitwood Gold Member

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    You answer a question withe a question.

    A sure sign of public schooling.


    I have a gas lease on my land cupcake.

    Thanks for supporting fossil and nuclear with every milliWatt of electricity you use tinkerbell.

    I also own oil stock pansy.
     
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  8. abu afak
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    abu afak ALLAH SNACKBAR!

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    WTF do those [mini] ANECDOTES have to do with the Macro-Stats/Movement I posted in the OP.

    You're Stupid.
    Understand?
    You argue by Stupid.
    And NO one even claimed it was even near a majoritry of CURRENT use YET.
    Whether I have solar panels on my roof, or you have gas leases, means NOTHING to the overall debate, and numbers I posted.
    It's called:

    https://www.google.com/search?ei=IA.....0...1.1.64.psy-ab..0.1.183....0.7x-Ker5ASb8
    ie
    Your logical fallacy is anecdotal

    You used a personal experience or an isolated example instead of a sound argument or compelling evidence.
    It's often much easier for people to believe someone's testimony as opposed to understanding complex data and variation across a continuum. Quantitative scientific measures are almost always more accurate than personal perceptions and experiences, but our inclination is to believe that which is tangible to us, and/or the word of someone we trust over a more 'abstract' statistical reality.

    Example: Jason said that that was all cool and everything, but his grandfather smoked, like, 30 cigarettes a day and lived until 97 - so don't believe everything you read about meta analyses of methodologically sound studies showing proven causal relationships.​

    `
     
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  9. JGalt
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    JGalt Platinum Member

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    So people DO care, It's cost-effective, creating jobs, a better planet, and coal is dead, yet you're still relying on coal-fired electrical generating plants and/or petroleum products for 100% of your energy?

    Should I do as you say or should I do as you do?

    I'm so confused right now.
     
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  10. Jimmy_Chitwood
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    Jimmy_Chitwood Gold Member

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    Here cupcake:

    When solar is less than in single digit percentages of course there is room for growth.

    In the US it is 1.4 % of the total.

    And you are jerking off to it.

    Where does the other 98.6 % come from darling?

    Solar power by country - Wikipedia
     
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