Interesting article on the wind energy industry

Discussion in 'Environment' started by westwall, Sep 14, 2010.

  1. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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  2. konradv
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    konradv Gold Member

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  3. Old Rocks
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    Old Rocks Diamond Member

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    Nearly 10 gw of wind installed in 2009, a 39% increase over wind capacity of 2008. Don't you wish you had an investment that compounded at that rate? In 2008, wind represented 42% of all new generation.

    I would have to say that wind is doing just fine, and now the the solar panel prices are below $1 a watt for really big projects, that will be doing very well, also. And, according to an MIT study, geo-thermal could be cheaper than either wind or solar, plus being a base load, 24/7.

    Time to start shutting down the coal fired plants.
     
  4. Mr. H.
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    Mr. H. Diamond Member

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    Evidently, the Italian mafia thinks so:

    Italy seizes $1.9 billion of assets as Mafia goes green

    ROME (Reuters) – Italy Tuesday seized Mafia-linked assets worth $1.9 billion -- the biggest mob haul ever -- in an operation revealing that the crime group was trying to "go green" by laundering money through alternative energy companies.

    Investigators said the assets included more than 40 companies, hundreds of parcels of land, buildings, factories, bank accounts, stocks, fast cars and luxury yachts.
     
  5. PoliticalChic
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    PoliticalChic Diamond Member

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    "...Write your Congresscritters and tell them to earmark more money for research...."

    If the possibilities of a successful venture in this area exist, why not allow the traditional American economic approach, which is to allow investors to decide, and in effect, buy a lottery ticket...

    ...and let the lottery winners keep their money.
    We could call it, oh, how about 'capitalism'?

    "A basic tenet of American capitalism is that supply precedes demand, as can be see in the case of all airports being closed down: the long lines of people unable to get to their destinations is the demand that cannot be fulfilled. This is why entrepreneurs must be given a free hand to produce, to speculate, as the building of more and more airports will lower prices, increasing demand. This is especially true in the case of new technologies.
    Both high taxation and over regulation place a damper on this freedom.

    “The proceeds from these speculations? the capital paid for stocks and bonds ? may seem misspent. In the long run, the results are called infrastructure, and they are what economies are built on.”

    “Many European postal systems, telegraph lines and railroads were built with government money, and sometimes with insufficient capacity. But in the United States, instead of burdening taxpayers, we sell investors the equivalent of high-priced lottery tickets each time one of these technologies arrives.”
    On the Contrary - In Technology, Supply Precedes Demand - NYTimes.com

    So, instead of totalist thinking, the command-and-control philosophies of the current administration, how about we actually allow the free market to dictate winners and losers.
     
  6. PoliticalChic
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    PoliticalChic Diamond Member

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    Don't ya' just love the use of 'could be' in all the greeniac posts?

    The only way for wind power to be efficacious, Calc, is for you to stand in front of the wind propellers.

    Work them lungs, boy!
     
  7. PoliticalChic
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    PoliticalChic Diamond Member

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    Mafia suckered by the greeniacs??? What is this world coming to?

    "Despite the massive infusion of government funding in recent years, renewable technologies have captured only a tiny share of the energy market and remain heavily dependent on government funding to be viable, says the Times.
    Samuel Sherraden, an economic analyst at the New America Foundation, said the problem with job leakage overseas promised only to get worse because governments in Europe and Japan -- which in years past spent lavishly on renewable energy -- now are drastically cutting back their green subsidies as they try to pare enormous budget deficits.
    With the United States left as the only major developed country still flooding the market with government funding, competition from overseas suppliers promised to be fiercer than ever.
    "It is impossible to guarantee that clean energy stimulus is not leaked abroad," he said. "We have to recognize that we are funding job creation programs in Germany, Spain, Japan and China," Mr. Sherraden said."
    'Green' jobs no longer golden in stimulus - Washington Times
     
  8. Mr. H.
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    If it's not hydrocarbons, it's got to be good - whatever the price.
     
  9. Trajan
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    Trajan conscientia mille testes

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    maybe we should figure out what this wind generation costs per kilowatt and what % of the overall total of power generated in the US , before we start shutting down power plants using coal?
     
  10. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Ahhhh yes the ever popular time to get off the fossil fuel chant. I wish it could be today but alas the technology isn't quite there yet. olfraud must be heavily invested in wind tech based on the amount of blather he spews about it.

    Here are a few more interesting things going on in the wind industry.....

    Carbon offsets: Green project offends Indian farmers who lose land to windmills - CSMonitor.com

    Renewable energy: Not all it’s cracked up to be? | Energy
     

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