flacaltenn
Diamond Member
While the debate rages on both sides about such things as wind,solar, nuclear, nat-gas, oil, and a whole host of other energy sources, it leads me to ask a question. At what point does this debate become harmful to this nation? let me explain, by picking and choosing what technology is good and what is bad are we not then putting our feet at the throat of American innovation and as a by-product of that American Jobs ?
Take the Chevy Volt for instance, while not everyone's cup of tea, and perhaps a little pricey amongst other things, I'm frankly stunned that Americans especially in todays economy and todays global atmosphere that some would be so against this car just on the off chance it is associated with a political figure they dont happen to like.
The same is true for domestic oil and gas production and solar, and wind, if we as a nation intend to stay at or near the top then we have to have the energy sources to do so. To produce, explore, and make the products needed for this here in this nation can serve only one purpose, it makes this nation stronger and less dependant on nations that do not have our best interests at heart.
While it's true that some of these new technologies might take time and even some might fail before it becomes a part of our daily lives , that is the cost we pay to take that path and realize the benefits of those technologies. Take for instance the auto industry, at it's inception there were over a 100 different companies producing cars in this nation, and over the years as the technology grew , companies came and went. In short no matter what the technology, if we STOP innovation then we choose long road to decline.
Great post Navy1960 (your screen name always makes me recall Joe Bellino)
America is in a war. I'm not talking about Afghanistan or Iraq. I'm talking about a war most Americans don't even know we are in, or know that America is losing badly. We are having our heads handed to us while we argue over climate change.
Green China? You'd better believe it
A recent report by the Pew Charitable Trusts shows that China was the worlds number one investor in green energy in 2010.
With a total investment of $54.4 billion, China was well ahead of second-ranked Germany ($41.2 billion) and the US in third place with $34 billion invested, not to mention Australia with $3.3 billion and ranked 12th.
The New Chinese War for Energy
Were fighting our own war against terrorism. Theyre fighting a war to accumulate enough resources so that they can live through the next century with a new kind of energy system, reveals Stephen Leeb, author of Red Alert: How Chinas Growing Prosperity Threatens the American Way of Life. In this episode of Radio Free Dylan, Stephen describes the ever-growing political and economic power of China, and how their wind, solar and renewable energy development is leaving other countries especially the United States in the dust.
China is spending all the money they possibly can to create and better those particular industries and theyre creating a lot of jobs in the process The two critical renewable alternative energy industries on this planet are wind and solar and both of them, China has a hammerlock, says Stephen. Theyre in a war to acquire resources, not just for the sake of depriving the rest of the world of these resources, but to have the resources that they need to build out a new energy infrastructure.
The United States, he says, will be left playing catch up unless we make a dramatic push for redesigning our national energy infrastructure, affecting not only how we power our country, but our financial and economic future as well.
We spend a lot of time talking about how we can reduce debt in this country and I think that thats a very good discussion. But at the end of the Second World War, we had government debt as a percent of GDP was greater than it is today, but whats the difference? The difference was that at the end of the Second World War, perhaps inadvertently, we had created, in order to win that war, we had created an infrastructure that allowed the United States a generation of great economic growth, says Stephen.
In terms of installed capacity, Chinas wind power sector alone doubled every year between 2005 and 2009. According to the latest statistics from the Global Wind Energy Council (GWEC), China added 18.9 GW of new wind power capacity in 2010, thus overtaking the US with the most installed wind power capacity in the world.
Chinas parliament, the National Peoples Congress (NPC), recently considered a 'New Energy Industry Development Strategy which is to be adopted as a major policy document by the State Council (some changes are expected due to the Fukushima nuclear plant disaster).
According to this proposed development strategy, during 2011-2020, China will invest about $800 billion in seven green energy areas, namely, wind, solar, nuclear, bio-energy, hydro, coal cleaning and smart power grid.
The name does tend to age me somewhat, but then again what would the world be without a few of us old codgers out there to make the young folks lives miserable ( my attempt at humor) before everyone takes that too seriously. As for my thread here, I tend to think that our nation still has more than enough brain power and will to choose it's own destiny and once again take its place at the top of the economic energy production stand. It's my humble opinion that for too long now, during both Republican and Democrat Administration we have settled into this comfort zone of dependence on foreign sources of energy and allowed ourselves to fall into a 2nd class status when it comes to being a major player in the world. I fail to understand the need to use technologies as political "fodder" be it wind,solar, gas, oil, nuclear, when the production of those technologies makes this nation stronger, employs Americans, makes this nation more financially secure and most of all keeps money to buy weapons out of the hands of nations that dont like us very much. So what if an energy company fails, that is all part of how technology advances for the benefit of everyone in a free market. Take for example the PC, does anyone here still run out an buy an Osborne computer or any number of the 100's of companies that have come and gone during the evolution of the PC? The bottom line here we as a nation need to understand that sometimes seeking cheap offshore goods for that sake of saving a dollar, doesn't always benefit this nation and doesn't always save the dollar you think it does and when it comes to energy, if we want jobs, and security as welll as long lasting financial security for this nation then we begin by advancing EVERY form of domestic energy that benefits Americans and let those that survive do so and those that fail do the same.
There's nothing more serious than a nation not having a reliable, consistent, plentiful and cheap source of energy. Wind and solar are failing because they are neither reliable, consistent or actually cheap (when all factors are considered). Before you write off my comments as political --- I have posted uses for PROPER utilization of wind and solar that involve using it OFF-GRID for producing transportation fuels and other commodities.
There was a shake-out in computer manufacturers (like Osbourne and TI) but NEVER in that period would the ETF for the entire sector look like the following graphs for the overall Global solar and wind markets..


Data tells us that solar and wind are MATURE. That the market is OVER-SUPPLIED, and subsidies for PRODUCT should cease. I would however fund basic R&D on the technologies, but they are now commodity items. And they have limited application on a grid that MUST operate EVERY MINUTE 24/7/365 days a year..