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Obama Awards Nearly $2 Billion For Solar Power

crimeandpunishment writes "President Obama says it's time to heat up solar power, and he's willing to spend a big chunk of federal money to do it. Saturday the president announced the government is giving nearly $2 billion to companies that are building new solar plants in Arizona, Colorado, and Indiana. The president says this will create thousands of jobs and increase our use of renewable energy."

514 comments

  1. Can somebody say by Anonymous Coward · · Score: 0, Flamebait

    Drunken sailor?

    1. Re:Can somebody say by Peter+La+Casse · · Score: 0, Flamebait

      Drunken sailors stop spending when they run out of money.

    2. Re:Can somebody say by Progman3K · · Score: 5, Insightful

      The defence budget for the current war is around 480 billion dollars per year, so it's the equivalent of two day's budget for the war to be spent on something that may eventually reduce the number of wars.
      Money well spent, all drunken sailors should be so wise.

      --
      I don't know the meaning of the word 'don't' - J
    3. Re:Can somebody say by timeOday · · Score: 4, Insightful

      It's folksy economic "wisdom" like that may yet lead us back into recession. Until jobs come back, we can either pay people to build things with long-term value, or we can pay them to sit at home.

    4. Re:Can somebody say by Dr.+Evil · · Score: 5, Insightful

      Yeah, because BP spending $27B for a one-time oil spill is money much better spent than $2B in a long term strategy which might prevent such future catastrophes... and even that pales in comparison to the loss of life and incredible expense of continued efforts to do whatever it is that the U.S. is doing deployed in oil-rich countries.

      Don't blame the current administration. The previous administration takes a lot of blame, but going much further back there were errors all along the way which could be easily forseen. The truth is that there are a lot of people who simply don't give a F- as to what happens to the people who are going to be living with the results 20 years from now. The bad decisions which made people wealthy 20 years ago are being paid for by the people today. And the bad decisions of today won't be paid for another 20 years.

      I swear that there are some people in this world who simply disagree with political policy because they didn't vote for it, and form their opinions about what affects their immediate well-being. Choosing not to see the problem doesn't make it go away, it just makes it all the harder to deal with for the generation which will inherit the problems 20 years from now.

      If you think that $2B on solar is a waste, what do you think a better policy is for a sustainable future? Solar is not the answer... but it's part of the answer.

    5. Re:Can somebody say by marcello_dl · · Score: 1

      Financing private sector: the long term value seems less important than short term bonuses to high management.

      Need examples? :D

      You want long term value? finance the installation of solar panels at home. Same or more temp jobs for construction, no 85 jobs, but no bill for the families. In spain they would likely provide cheap electricity to the neighborhood.

      --
      ---- MISSING MISCELLANEOUS DATA SEGMENT --- [sigdash] trolololol
    6. Re:Can somebody say by Anonymous Coward · · Score: 2, Insightful

      Subsidizing non-economical power generation is not money well spent. If anything they should have given an extra 2 billion to NIF or the DOE's Gen IV Nuclear Energy Systems Initiative(which is only requesting 200 million for 2010).

    7. Re:Can somebody say by Krahar · · Score: 1

      I don't know too much about the US, but my understanding was that if you have no income and no money, then that doesn't get you anything from the government. If it weren't for private charity, people with no income would die from starvation or exposure. In that case there isn't a notion of paying people to sit at home, though perhaps I'm wrong when I think that the government in the US doesn't give money to people with no other income. Am I?

    8. Re:Can somebody say by jimmydevice · · Score: 1

      Let's give our tax / borrowed money to a South African corporation, Since we have no manufacturing capability here.

    9. Re:Can somebody say by tepples · · Score: 4, Informative

      How exactly does subsidizing solar power prevent Muslims from crashing airliners into skyscrapers

      But more importantly, subsidizing solar power research means people can import less energy. Reduced global demand for petroleum reduces the market power and therefore political power of countries that harbor Islamist crusaders like the ones who committed a mass murder-suicide in New York on 2001-09-11.

    10. Re:Can somebody say by abarrow · · Score: 2, Insightful

      Okay, you started it:

      How exactly does invading countries of mostly peaceful Muslum people make them less likely to do such things.

      (with solar power... just to stay on topic)

    11. Re:Can somebody say by Progman3K · · Score: 1

      Agree totally!
      You're right, that's even better with an even brighter future if fusion ever (and it will!) pays off.

      --
      I don't know the meaning of the word 'don't' - J
    12. Re:Can somebody say by Anonymous Coward · · Score: 2, Insightful

      It MAY reduce the number of wars! This is the same sort of rationalization that addicts make. In this case it's a government that is addicted to spending money (on a foolish 'solution' in this case). It seems to be their answer to every problem.

    13. Re:Can somebody say by Surt · · Score: 2, Interesting

      I don't think we went to war over the bali incident, and they don't bomb your skyscrapers as much when you stop killing their families for oil.

      --
      "Who is the Journal of Quantum Physics going to believe?" --Stephen Hawking
    14. Re:Can somebody say by skids · · Score: 3, Insightful

      Follow the money. From your wallet, into the gas pump, and from there onwards.

      Eventually some of it ends up going to terrorists.

    15. Re:Can somebody say by HungryHobo · · Score: 4, Insightful

      America doesn't need so much oil so the US doesn't prop up pro-US tinpot dictators in oil rich countries.
      The people in those countries then don't get shit on so much by the US and so are less likely to be pissed off and violent towards the US.

    16. Re:Can somebody say by hedwards · · Score: 1

      You're correct. Any welfare money tends to come with strings attached and is unreliable as a substantial portion of the populace believes fully that nobody ever had bad luck. If you're poor, then it's because you were lazy or incompetent and that they shouldn't be required to help out. Farming all those essential services to nonprofits means that portions of the needy just don't get anything at all. If it isn't a popular cause chances are you'll get precisely zip in terms of support.

      What's really fucked up is that if you're abused as a child, they'll send the abuser to prison if caught, but the actual support given is pretty minimal and it's a pretty good bet that people are going to look the other way.

      This is a similar deal, people gripe about fuel prices and terrorism, but they don't want to actually pay for the measures needed to deal with it. Folks are all for change, but they don't want to pay for it, and they don't want the upper classes to pay their fair share.

    17. Re:Can somebody say by repapetilto · · Score: 1

      For unemployment at least, you just need to "prove" youre trying to get a job, then you can get free money. Proving it involves picking up applications and calling some hotline or going online and inputting where you went.

    18. Re:Can somebody say by mikerz · · Score: 1, Troll

      I would be more inclined to call neo-Keynesian welfare economic wisdom folksy in the sense that everyone is taught FDR took us out of the Great Depression with the New Deal and WW2 (which is just wrong - check out the depression that never was: 1920).

      Regardless of the existence of jobs, any variation from what people actually want can be considered wasteful; private or public. You're right that jobs are important and in demand; but to just create them is to treat the symptoms rather than cure the cause.

      Keynes himself said that all government spending turns into inflation and that any public spending, to be at all effective, *must* be unexpected.

    19. Re:Can somebody say by Dolphinzilla · · Score: 3, Insightful

      I think we should be spending more on alternative energy YEARS ago unfortunately the problem is that the Obama administration has show no fiduciary responsibility spending on EVERYTHING under the sun (no pun intended) with no viable funding stream to pay for it - they spent $3B on the cash for clunkers program for heavens sake !

    20. Re:Can somebody say by repapetilto · · Score: 1

      also this is not supposed to last indefinitely... once a given time period is up you then have to qualify for welfare which is more difficult to qualify for. Once again they try to keep tabs on you to make sure youre looking for a job, I'm not sure how the time limits work for that one.

    21. Re:Can somebody say by mikerz · · Score: 1

      If it were the answer, it would already be happening. That 2 billion just created a solar energy bubble.

    22. Re:Can somebody say by Anonymous Coward · · Score: 0

      It's folksy economic "wisdom" like that may yet lead us back into recession.

      "Back into recession"? HAHAHAHAHAHAHA!!!

      NEWSFLASH!!! We're going into depression......a recession would be an improvement.

    23. Re:Can somebody say by skids · · Score: 3, Insightful

      You forgot something. For unemployment, you have to have been employed, and as such, paying unemployment *Insurance* premiums.

      Generally we frown on insurance policies that try to take the money and run.

      For some reason, though, that seems to be exactly what the Republicans want the Feds to do with the UI insurance programs.

    24. Re:Can somebody say by LynnwoodRooster · · Score: 3, Funny

      It's folksy economic "wisdom" like that may yet lead us back into recession. Until jobs come back, we can either pay people to build things with long-term value, or we can pay them to sit at home.

      p. Or how about we don't pay people to sit at home? Take the money spent on UI and "sit-at-home" spending and just eliminate corporate taxes. They bring in less than $130 billion. Eliminate taxation from companies and you'll see business creating those jobs that VP Biden's told us are gone forever (all 8 million of them).

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    25. Re:Can somebody say by skids · · Score: 4, Insightful

      Wait, so you want us to steal the UI benefits from the people that paid for them, and use them to give corporations an excuse to give their CEOs bigger raises?

    26. Re:Can somebody say by kramerd · · Score: 1

      To be accurate, the answer is nuclear, not solar.

      I would much prefer that 2 B be spent to pay corporations to hire people who have been unemployed for 6 months + (lets say a 3k credit over 2 years per employee, tax effective cost of 1200 per hire at 40% tax rate, bringing back 800k+ jobs, not to mention the reduction in federal unemployment payments) than to waste it on solar energy, which from a personal standpoint, takes 44 years to break even over current electrical bills.

    27. Re:Can somebody say by darjen · · Score: 1

      The likelihood of this reducing the number of wars in the future seems pretty remote to me. I agree the drunken sailor spends his money wiser.

    28. Re:Can somebody say by dgatwood · · Score: 4, Insightful

      Subsidizing non-economical power generation is not money well spent.

      No, subsidizing clean power generation is money well spent. Putting said hardware into the hands of greedy corporations so that they can turn a profit on it at our expense is not. The government *should* be spending money on solar, but it should be subsidizing it in the same way that it subsidized hydroelectric power a few decades back---by creating a nonprofit organization like TVA to be responsible for the production and delivery.

      --

      Check out my sci-fi/humor trilogy at PatriotsBooks.

    29. Re:Can somebody say by Bing+Tsher+E · · Score: 2, Insightful

      Afghanistan, who harbored the 9-11 terrorists, in not an oil producer. Their main export to the west (their 'cash crop') is Heroin.

    30. Re:Can somebody say by Bing+Tsher+E · · Score: 2, Insightful

      I'm sure that if the politicians set up yet another 'Non-profit' the union bosses and lobbyists for varied interests would manage to climb up it's ass and make vigorously certain it would remain permanently and vigorously non-profit.

    31. Re:Can somebody say by copponex · · Score: 4, Interesting

      If it were the answer, it would already be happening. That 2 billion just created a solar energy bubble.

      You are naive. What incentive does any major energy company have to abandoning the oil resources they have already invested billions in? Imagine it's any other company. Hell, imagine if Microsoft decided to invest all of their money in clean, reusable, open source code and make windows apps perfectly compatible with the Linux kernel. Would their windows sales go up or down?

      Now imagine BP knowing that any breakthrough in clean energy technology enormously devalues their leased rights to oil fields and capital investments in equipment. In fact, if the breakthrough was big enough, BP would then be sitting on a pile of lawsuits waiting to happen. Are you, as BP, going to gently hold the hands of companies plotting your demise, or buy up clean energy companies, bury the technology, and spread FUD about climate change?

      Yeah. Now you're thinking like a real CEO. Fuck the world: I want money.

    32. Re:Can somebody say by Hatta · · Score: 4, Insightful

      Now imagine how well off we'd be if we spent 480 billion per year on solar power, and only 2 billion on foreign wars.

      --
      Give me Classic Slashdot or give me death!
    33. Re:Can somebody say by WCguru42 · · Score: 2, Funny

      if fusion ever (and it will!) pays off.

      20 years, right?

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    34. Re:Can somebody say by Captain+Splendid · · Score: 5, Insightful

      Well, it's a good thing most of those terrorists were Saudis, and they produce lots of oil!

      You can stand down, wingnut.

      --
      Linux, you magnificent bastard, I read the fucking manual!
    35. Re:Can somebody say by Anonymous Coward · · Score: 0

      Well, it's a good thing most of those terrorists were Saudis

      I wasn't aware George Bush & Dick Cheney were Saudi.

    36. Re:Can somebody say by WCguru42 · · Score: 1

      I think your argument would benefit from the use of Twunt.

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    37. Re:Can somebody say by Bartles · · Score: 1

      Why would I hire someone that I have to pay at least 25K per year when I dont need the labor, a 3k credit is not going to change that.. The business climate sucks, in 6 months the largest tax increase in american history is about to go into affect. We still don't clearly know how regulations and policies instituted over the last 3 years are going to affect us. The specter of cap and trade is looming. Too many unknowns. You want us to hire people? Make it easier to do business.

    38. Re:Can somebody say by Rallion · · Score: 1

      Well, the problem with the Microsoft analogy is that Windows is not a finite resource. I'm not saying that the oil is definitely almost gone, but it will run out at some point in the future. If the oil companies have not moved away from oil by then, they're pretty much done.

    39. Re:Can somebody say by WCguru42 · · Score: 3, Insightful

      they spent $3B on the cash for clunkers program for heavens sake !

      A program that by most analysis was a success. It got people buying cars which was the main point of that, keep dealerships and their employees in business, get old vehicles off the road.

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    40. Re:Can somebody say by Anonymous Coward · · Score: 0

      I don't think we went to war over the bali incident, and they don't bomb your skyscrapers as much when you stop killing their families for oil.

      s/stop/start/
      ftfy. your order of events was wrong

    41. Re:Can somebody say by mikerz · · Score: 1, Troll

      What incentive? Sustainable income -- oil is both risky and a limited resource (right now much of the risk is socialized by the public, so of course they won't stop anytime soon). In fact, there has been a lot of research put into alternative energy by existing energy bigwigs. What incentive will remain after the 2 billion runs out? People are just going to jump on the solar energy bandwagon now that there's immediate cash being thrown at it.

      It reminds me of my visit to the main Google campus, where every single building has solar panels on top. They did it not just because it sounds awesome, but because the government subsidized the cost with tens of millions of dollars. In the 30 year lifespan of the solar panels, they will come nowhere near paying back the cost of their production. This illustrates the fallacy of supporting alternative energy for its efficiency -- it's more inefficient and as such is currently a wasteful thing to put into production (what kind of energy was used in the production anyway?). The technology isn't there yet, which is why subsidization like this 2 billion is such an easy sell on the surface.

      My point is that the money is going to be squandered by people who will put this public money to work for them. It's not even money being put toward independent research; it's money being put toward creating solar plants! The same solar plants that cost more to make than they return.

      This 2 billion is corporate welfare -- the 2 billion goes toward building plants, and the owners of the plants will now be making themselves money at the expense of the public. Take into account the collusion of government and corporation; the same crowd sits at the head of both, and the same crowd is always helping itself.

    42. Re:Can somebody say by WCguru42 · · Score: 2, Interesting

      If it were the answer, it would already be happening. That 2 billion just created a solar energy bubble.

      You are naive.

      What you've shown in your entire post is that the above was correct. Solar is not the answer when you have large corporate interests whom are against changes to the status quo. By investing the $2 billion the government is usurping those interests and providing capital to those companies who are not dependent on oil remaining the dominant energy form in the US. Now, debating whether or not solar was the right technology to invest in, that's the real question.

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    43. Re:Can somebody say by betterunixthanunix · · Score: 4, Informative

      The terrorists did quite a bit of their training, particularly the training in how to operate an airplane, in an oil producing nation with a history of invading other other producing nations; that same nation's government also gave specialized training to the people who organized the 9/11 attacks, including Osama Bin Laden himself! Why did we not invade that country?

      Oh, wait, that nation was the USA.

      --
      Palm trees and 8
    44. Re:Can somebody say by mikerz · · Score: 1, Troll

      note: That's why this is a bubble; no one would be building solar plants yet, because they don't return energy at a sustainable rate.

    45. Re:Can somebody say by Anonymous Coward · · Score: 0

      Could it be he's done something rash?

    46. Re:Can somebody say by Jorkapp · · Score: 0, Flamebait

      It's doable, provided the American people are comfortable with the use of nuclear weapons. After all, the in-service ICBM only costs $7,000,000 each. Just a couple of those should be enough to annihilate just about any nation. No exit strategy required.

      --
      Frink: Nice try floyd, but you were designed for scrubbing, and scrubbing is what you shall do.
    47. Re:Can somebody say by Rockoon · · Score: 1

      ..and fuck the people that buy used cars, the most energy-responsible thing a person could do.

      --
      "His name was James Damore."
    48. Re:Can somebody say by loafing_oaf · · Score: 2, Informative

      If that was sarcasm and I missed it, I apologize. Either way, the truth is that cost savings do not roll downhill. Any tax savings realized by corporations goes to officer salaries.

      Even if management is ethical, they still won't create jobs; without an increase in consumer demand, the ethical thing to do is distribute the savings as dividends.

      --
      Always someone has power over you. The thing to consider is this: Is the power good, or bad?
    49. Re:Can somebody say by Anonymous Coward · · Score: 0

      Hmmm, I wonder why you ended up on welfare.

    50. Re:Can somebody say by CohibaVancouver · · Score: 1

      Afghanistan, who harbored the 9-11 terrorists, in not an oil producer

      Yes, but the Afghan terrorists (and others) are funded by Saudi Arabia. They Saudis don't want to get their hands dirty, so they sit at home or in their villas in Cannes and fund the poor gullible brainwashed Afghan boys.

    51. Re:Can somebody say by skids · · Score: 1

      To a certain point. There's a point of diminishing returns even in keeping old cars running. A car cannot use more energy to make than it's list price would buy. From there, it's simple math to get an outer bound on how long it takes bad mileage to overtake a new car. Then you have to subtract all the energy used to make or salvage replacement parts, and the amount of energy expended due to increased injuries with less modern safety equipment.

      In other words, it's by no means a closed system. I was disappointed that Cash For Clunkers didn't demand more of an energy savings and allowed what I considered to be too-new-to-trash cars to get trashed. But on the whole, it did work.

    52. Re:Can somebody say by Anonymous Coward · · Score: 0

      Why not blame the current administration? Hey, the honeymoon is over. Obama is now part of the problem as much as he is the solution. This bullshit about not holding this administration accountable indefinitely is a crock. The man made a lot of loud boasts to get into office, now is the time he has to ante up or get the fuck out. Are you simply agreeing because you voted for it or are you choosing not to see the hollow promises?

      This reminds me of the number of Slashdorks who cried foul when W was calling for a new manned moon mission (oh, I know, you knew better all along. yeah, right. Anyway...). Most of you fucks came out calling it "pandering." Here we are again, had W done this you would have been whining that it was a waste but now that Holy Obama does it you're harolding it as visionary.

      Give me a fucking break. Your party politics bleed through as much as anyone else. If Obama was serious we'd be seeing one hell of a lot more than a mere 2 billion. His boys in the UAW got more than that for their votes. Oddly enough no one is crying "he's an oil man" when he bails out the largest single producer of oil consuming products made in the US. Things that make you go hmmmmm....

    53. Re:Can somebody say by kramerd · · Score: 1

      You obviously aren't the target market.

      A 3k credit will make a huge difference when someone needs to pay rent and the local grocery store or restaurant is making people work overtime without overtime pay rather than hiring enough people to avoid the issue.

      Regardless of the fact that you are hiring college graduates, why on earth would that be less of an investment than solar energy?

      Way to be ridiculously off topic and still not have a point.

    54. Re:Can somebody say by skids · · Score: 1

      After the 2 billion has been spent, recovered, and payed back to the government, the manufacturing technology to produce more will have improved, and thus solar energy will be more affordable. As such, there will be a sustained incentive going forward. Simple, really. And in the meantime, it keeps some people off the UI and wellfare rolls.

    55. Re:Can somebody say by Anonymous Coward · · Score: 0

      And canibalize the sales for the following year. I'd have thought that the auto industry would have learned from when GM did the "employee purchase" sale and had to repeat it to have any prayer at maintaining sales levels in future years.

    56. Re:Can somebody say by Anonymous Coward · · Score: 0

      "defence"? Do you mean defense?

      Yes I'd prefer to spend my money defending this country form external threats from Islamist fascists, communists and the like thank you very much.

      Why does the government have to be involved in any of this? If you create a new process that enables more efficient and clean production of power then the market will reward you, the incentive is there and always has been. The problem is that the technology is not and the government cannot legislate it into being by fiat.

      And in the end how will this 'reduce the number of wars' genius? You know what reduces the number of wars? Having the ability and the will to kick the other guys ass five times over. Other guys shuts up and viola, no damn war.

      You leftist greens are so stupid.

    57. Re:Can somebody say by zippthorne · · Score: 1

      It's clean, but the non-economical part is critical.

      It doesn't matter how much you spend on "clean power" if you can't generate enough of it to replace "dirty power" without bankrupting everyone.

      --
      Can you be Even More Awesome?!
    58. Re:Can somebody say by misexistentialist · · Score: 2, Funny

      A US invasion of the USA would not only reduce the unemployment rate directly, but if televised would make a popular reality TV program. It could be bigger than the World Cup, and afterward the USA would have both sympathy (for losing) and support (for winning) of all the world's nations!

    59. Re:Can somebody say by jbengt · · Score: 1

      This 2 billion is corporate welfare -- the 2 billion goes toward building plants, and the owners of the plants will now be making themselves money at the expense of the public.

      It's a government guarantee of 2 billion in loans, not a government grant of 2 billion dollars.
      The companies are figuring that they'll make money from the investment, but they can't get loans in this economy. If they do make money, it won't cost the government much, and in the meantime, it will create some badly needed jobs.
      Some of the jobs will be temporary construction jobs, but some will be permanent, especially the project for the solar panel manufacturing plant expansion.

    60. Re:Can somebody say by somersault · · Score: 1

      What is the supposed reasoning behind that? Do they not want as many Americans as possible alive to buy their oil?

      --
      which is totally what she said
    61. Re:Can somebody say by jbengt · · Score: 1

      no one would be building solar plants yet, . . .

      That's odd, I just worked on a small project for a new solar power plant in Chicago, so, obviously, someone is building solar plants already.

    62. Re:Can somebody say by Mr+Bubble · · Score: 1

      This money has already been allocated as part of the stimulus package according to TFA. As others are pointing out, this is chump change compared to what we are spending daily to "keep us safe". It may be anathema to "Conservatives", but sometimes it takes government funding to change economic realities that are harmful or to create economic realities that are good for all and not just one company. The Internet comes to mind, the national highway system, the space program, etc. Once the government can create a network effect through jumpstarting an infrastructure, private companies can move in and create huge economic ripple effects - again, I will use The Internet as a good example. I agree wholeheartedly that we need to get back to a balanced budget, unfortunately, the last president actually was a drunken sailor ( or at least a dry drunk Vietnam evader ) who ran the country into the ground and amassed huge debts by giving tax breaks to the wealthy and engaging in two wars of choice.

      --
      "The world is a construct of forceful imagination. Those who don't know walk around in the reailties of those who do"
    63. Re:Can somebody say by somersault · · Score: 1

      Wouldn't it just come right out again next time the gas pump is used? Do you then have to follow the car that pumped it into their tank? Genius! We now know how to find out who's a terrorist and where their secret bases are hidden!

      --
      which is totally what she said
    64. Re:Can somebody say by Mr.+Arbusto · · Score: 1

      Seriously, By what measure?

      Car Sales?
      http://media.hotair.com/wp/wp-content/uploads/2010/06/c4c-chart.jpg

      Domestic Production? (This is kind of a strawman as most of the cars on the list are made in the US factories by foreign owned entities, but most GE cars and some of Fords are manufactured in Canada.)
      http://autos.yahoo.com/articles/autos_content_landing_pages/1036/top-cash-for-clunkers-trade-ins-and-new-cars/

    65. Re:Can somebody say by dgatwood · · Score: 4, Insightful

      You seem to think that we should not be spending money, but if not now, then when? We can't build solar capacity to take the burden off of other plants after plants start going offline for emergency repairs. We need that reserve capacity in place now. No, scratch that, we needed it in place a decade ago. And our power needs continue to increase, so we're going to need even more power plants. If we're going to build more generation capacity, why not build clean solar instead of something messier?

      The fact is, our power production infrastructure is in sad shape. We get about one fifth of our nation's power from nuclear plants. Almost all of the nuclear power plants in the U.S. are operating near the end of their design lifetime or beyond it. It won't be more than a couple of decades before we're going to need *major* overhauls to *dozens* of nuclear reactors. If we don't have adequate power generation in place by the time that happens, our country is f***ed with a capital "F".

      Further, solar power, unlike vegetarian Mexicans, is a resource that, once constructed, generally requires minimal maintenance to provide power for three decades or more. Compared with nuclear power, it is almost as cheap (and getting cheaper, unlike nuclear), produces no ongoing waste products to speak of, is far safer, and can be installed anywhere, not just far away from populated areas.

      Solar spending just makes sense.

      --

      Check out my sci-fi/humor trilogy at PatriotsBooks.

    66. Re:Can somebody say by Anonymous Coward · · Score: 1, Interesting

      That is the broken window fallacy.

      http://en.wikipedia.org/wiki/Parable_of_the_broken_window

      That somehow spending money after bad is a good thing. We can take this money and spend it because this other thing is broken and it will somehow make us richer for it.

      All it does is drag the problem out. Maybe it softens the blow but only makes us pay for the problem over the longer term. In many ways the crash of last year was an 'echo' of 2000. Because Bush did not let the market crash then either. No one was bitching much when they were getting 300-800 dollar checks. But where did that money come from? All it did was drive prices up and ignored the actual fundamental problems that hedge funds were creating. They just moved onto other markets (housing and oil). They currently are doing the same thing to gold and silver but no one seems to care.

      No one believed me in 2000 when I said due to the way the government is handling this, and the policies enacted by the Clinton administration, and continued by the Bush admin, there will be a decent size crash 6-9 years from now. You can look at every crash and there is always an echo. The echo is caused by the gov stepping in and trying to fix the first issue by throwing money at the problem.

      When the 1997-1999 congress removed the barriers to create great depression type crashes we ended up with 2 of them. It is only *NOW* that we are thinking of putting those rules back into play.

      In 4-5 years we will have another echo crash. That is because *THIS* administration has thrown too much money into the system. It will probably be in healthcare and gold. Gold futures is right now today being used to hedge the bet against these huge (now risky) loans the government is making.

      We are today spending money that our great grand children havent even made yet. Cash for clunkers is a prime example of that. Those cars would have been off the road in 10-15 years anyway. Cars like that do not last. Eventually it is more expensive to fix them than it is to buy another clunker. For example how many 40s/50s/60s/70s/80s era cars do you see driving around, not many. It has disrupted an entire supply chain that grew naturally for a good 10-15 years. What about all the little mom and pop garages that made money on fixing those clunkers? The junkyards that made money selling used parts. The parts stores that made new parts for those cars? Oh and now they will need to raise their prices to make up the shortage because of the lack of sales on that stuff. Never mind the people that can not afford new cars anyway now cant get a reasonably priced used car. As the prices of used cars has gone up because the supply of them has gone down dramatically. I was pretty shocked when I priced out my car to sell last year. It had actually gone up in value. But the reasons were pretty clear as to why.

      That is the broken window fallacy in play right there...

    67. Re:Can somebody say by Anonymous Coward · · Score: 0

      Defence
      Defence De*fence" (d[-e]*f[e^]ns"), n. & v. t.
      See Defense.
      [1913 Webster]

      -- From The Collaborative International Dictionary of English v.0.48

      Defense De*fense", Defence De*fence", n. [F. d['e]fense, OF.
      defense, fem., defens, masc., fr. L. defensa (cf. LL.
      defensum), from defendere. See Defend, and cf. Fence.]
      1. The act of defending, or the state of being defended;
      protection, as from violence or danger.
      [1913 Webster]

      In cases of defense 't is best to weigh
      The enemy more mighty than he seems. --Shak.
      [1913 Webster]

      2. That which defends or protects; anything employed to
      oppose attack, ward off violence or danger, or maintain
      security; a guard; a protection.
      [1913 Webster]

      War would arise in defense of the right. --Tennyson.
      [1913 Webster]

      God, the widow's champion and defense. --Shak.
      [1913 Webster]

      3. Protecting plea; vindication; justification.
      [1913 Webster]

      Men, brethren, and fathers, hear ye my defense.
      --Acts xxii.
      1.
      [1913 Webster]

      4. (Law) The defendant's answer or plea; an opposing or
      denial of the truth or validity of the plaintiff's or
      prosecutor's case; the method of proceeding adopted by the
      defendant to protect himself against the plaintiff's
      action.
      [1913 Webster]

      5. Act or skill in making defense; defensive plan or policy;
      practice in self defense, as in fencing, boxing, etc.
      [1913 Webster]

      A man of great defense. --Spenser.
      [1913 Webster]

      By how much defense is better than no skill. --Shak.
      [1913 Webster]

      6. Prohibition; a prohibitory ordinance. [Obs.]
      [1913 Webster]

      Severe defenses . . . against wearing any linen
      under a certain breadth. --Sir W.
      Temple.
      [1913 Webster]

      -- From The Collaborative International Dictionary of English v.0.48

      Defense De*fense", v. t.
      To furnish with defenses; to fortify. [Obs.] [Written also
      defence.]
      [1913 Webster]

      Better manned and more strongly defensed. --Hales.
      [1913 Webster]

      -- From The Collaborative International Dictionary of English v.0.48

      defence
      n 1: (psychiatry) an unconscious process that tries to reduce the
      anxiety associated with instinctive desires [syn: defense
      mechanism, reaction}, defence mechanism, reaction}, defense]
      2: (sports) the team that is trying to prevent the other team
      from scoring; "his teams are always good on defense" [syn:
      defense, defending team] offense, offense]
      3: the defendant and his legal advisors collectively; "the
      defense called for a mistrial" [syn: defense, defense
      team, lawyers}] [ant: prosecution]
      4: an organization of defenders that provides resistance
      against attack; "he joined the defense against invasion"
      [syn: defense, defense force, force}]
      5: the speech act of answering an attack on your assertions;
      "his refutation of the charges was short and persuasive";
      "in defense he said the other man started it" [syn: refutation,
      defense]
      6: the justification for some act or belief; "he offered a
      persuasive defense of the theory" [syn: defense, vindication]
      7: a structure used for defense; "the artillery battered down
      the defenses" [syn: defensive structure, 8: a defendant's answer or plea denying the truth o

    68. Re:Can somebody say by Ken_g6 · · Score: 3, Insightful

      You're right, that's even better with an even brighter future if fusion ever (and it will!) pays off.

      This is fusion power paying off. We're just using a bigger reactor than most fusion proponents expected.

      --
      (T>t && O(n)--) == sqrt(666)
    69. Re:Can somebody say by Bartles · · Score: 1

      I manage one of the "corporations" that you referred to. That makes it relevant. We employ 10 people and your stupid 3k tax credit doesn't even come close to being a blip on our radar considering it wont even offset the ridiculous amount of unemployment insurance we have to pay so people can get their 2 years of unemployment benefits. And no, we don't employ a single college graduate, including myself. We make a product that doesn't get subsidized, and actually have to meet real world demand. That's why we pay people more than minimum wage. And when someone works more than 40 hours a week we pay them overtime as required by law, and we appreciate their efforts.

    70. Re:Can somebody say by Artifakt · · Score: 4, Insightful

      1. By reducing our dependence on foreign oil, so we aren't pressured to depose their governments and put in people the oil companies like better (e.g. the Shah of Iran). By the way, reducing dependence was originally a doctrine proposed by Henry Kissinger way back during the Nixon years, and endorsed by both Reagan and Bush 43 in speeches they made during their terms.
      2. By giving us an alternative to Nuclear, so those Muslem suicide bombers YOU want to blame for the whole problem of war, don't use it to extend their bomb blast radius by three or four orders of magnetude. That's originally from the Carter administration, but endorsed by Bush 41, 43, Dick Cheney, Colin Powell and plenty of other republicans before they found out Obama had written a college paper relating to the subject.

            You're the one who has claimed that Muslem suicide bombers are a very serious problem, justifying a 480 Billion a year budget and a rapidly growing deficit, but that we don't need to worry about that very serious problem getting funds from what we spend on oil, or using some of the other alternatives against us. That's crazy talk - either they are a big problem or they aren't, but there's no possible middle ground where they are not a threat but worth spending 480 billion a year to counter.
            The real point is you hate the president, nothing he will ever do will ever please you, and if you have to simultaniously quake in fear of those Muslem terrorists and think they are no big deal whenever he takes a rational step to deal with them, you are capable of the double-think required to preserve your hate.

      --
      Who is John Cabal?
    71. Re:Can somebody say by Artifakt · · Score: 3, Insightful

      I served in the U.S. armed forces for 13 years, and am convinced the best war would be fought on a tropical island, using paintball or laser-tag weaponry, and allowing 15 minute breaks every two hours, plus weekends off. Winner gets whatever political point was being fought over but has to pick up the whole bar tab. If we spread it over several islands the Marines could play too.

      Warning: We did have a US invasion of the USA once (Lee went north of the line into Pennsylvania, then a bit later Sherman went way, way south of the line, and finally, Sherman, Grant, and Sheridan all met up for the photo-op so everybody got to feel invaded at least a little, some a lot.), and that wasn't nearly as fun as either of our proposals.

      --
      Who is John Cabal?
    72. Re:Can somebody say by Surt · · Score: 1

      Feel free to do more reading. Live in the real world.

      --
      "Who is the Journal of Quantum Physics going to believe?" --Stephen Hawking
    73. Re:Can somebody say by RyuuzakiTetsuya · · Score: 1

      Actually, there's a good chance if you're in the USA, you're probably sourcing your oil from Canada or Venezuela.

      Where "terrorists" have us by the balls is that OPEC moves in a block to set the international price of oil. Even though we don't do a lot of business with Saudi Arabia, keeping them happy keeps oil prices where we want them to be.

      --
      Non impediti ratione cogitationus.
    74. Re:Can somebody say by KDR_11k · · Score: 1

      They've already got more money than they have use for so they blow it on nonsense projects that cost a ton of money for little gain. I don't think they're worried much about profit maximization.

      --
      Justice is the sheep getting arrested while an impartial judge declares the vote void.
    75. Re:Can somebody say by Anonymous Coward · · Score: 0

      "...it's a good thing most of those terrorists were Saudis..."

      Saudis that were harbored, trained, and deployed from Afghanistan.

      The Saudi government would like to imprison rabble rousers like Bin Laden and his followers.

      Thanks for your simplistic analysis, obamabot.

    76. Re:Can somebody say by amiga3D · · Score: 1

      damn....I like that. Too bad I'm out of mod points.

    77. Re:Can somebody say by rpillala · · Score: 2, Interesting

      Gretchen Peters: Seeds of Terror - BookTV start at about 37:00.

      The Taliban have this bogus justification that they explain to farmers that they persuade or force to grow poppy. Islam, of course, bans any use, traffic, or trade in narcotics or alcohol. So, their justification for it is that it's OK because because this is a jihad against the infidels and we're selling the drugs to the infidel west. But as I said before, very little Afghan heroin actually reaches the United States. It's about 70% of the heroin sold in Europe and the UK comes from Afghanistan. But the vast majority of Afghanistan's drug crop ends up in - stays in Afghanistan, or ends up in Pakistan, Iran, central Asia now; countries like Kazakhstan have huge huge heroin problems. So it's a totally bogus argument - completely hypocritical.

      If you have time, I recommend the whole thing. Your post has motivated me to get her book from the library, so thanks.

      --
      When the axe came to the forest, the trees said, "Look out - the handle was once one of us."
    78. Re:Can somebody say by interkin3tic · · Score: 1

      Wouldn't solar replace coal for our electricity needs rather than oil for our transportation energy needs? And don't we get most of our coal from not the middle east?

      Not to imply that this is not a good move, I think this will likely do much more than another B2 bomber.

    79. Re:Can somebody say by interkin3tic · · Score: 1

      Why did we not invade that country?

      Oh, wait, that nation was the USA.

      So then we did, just very very very pre-emptively.

    80. Re:Can somebody say by Anonymous Coward · · Score: 0

      Simply because the nation which is primarily responsible for the creation of almost all terrorists worldwide happens to be Saudi Arabia, which not only produces homegrown terrorists in huge numbers, but also exports its fundamentalist brand of Wahhabi Islam worldwide (using the power of American dollars) to countries like Pakistan/Yemen/Afghanistan which in turn produces more and more terrorists!

      I recommend: muttawwa.blogspot.com for a window into Saudi Arabia, straight from the horse's mouth (a Saudi man living in the UK).

      Also read 'Hot, Flat and Crowded' by Tom Friedman if you get a chance.

    81. Re:Can somebody say by Anonymous Coward · · Score: 0

      Whoop de freaking doo commie green.

    82. Re:Can somebody say by somersault · · Score: 1

      Nonsense projects like trying to destroy the world's economy and get one of their main markets to despise them?

      --
      which is totally what she said
    83. Re:Can somebody say by Anonymous Coward · · Score: 0

      What incentive does any major energy company have to abandoning the oil resources they have already invested billions in? =

      Oil is currently estimated to essentially (by any meaningful production standards) run out in 60-75 years or so. Even then the down swing in production is going to be huge along the way.

      If different sources fo energy such as solar are going to be the way of they future, why *wouldn't* they want to put themselves as the dominant provider and give themselves control of market share early?

    84. Re:Can somebody say by dgatwood · · Score: 4, Interesting

      Solar power is economical. Costs for solar are close to the costs for nuclear. We don't have more solar power is because coal is cheap, not because solar is expensive. At some point, you just have to bite the bullet.

      --

      Check out my sci-fi/humor trilogy at PatriotsBooks.

    85. Re:Can somebody say by freshfromthevat · · Score: 1

      the national highway system

      Um... when did we stop spending on that? The Fed has also been using highway funding as a way to do unconstitutional things to the states for 50 years

      the space program

      Oh yes. That immediately led to all sorts of space activities by us citizens,

      etc

      keep listing! I'm loving this.

      Once the government can create a network effect through jumpstarting an infrastructure

      when does the Fed Gvt move back out? Please?

      , private companies can move in and create huge economic ripple effects - again, I will use The Internet as a good example.

      Um.. The fed didn't spend all that much "creating" the internet. But I'll give you that DARPA is a good example for you to use.

      I agree wholeheartedly that we need to get back to a balanced budget,

      Really? At what cost? EPA? HUD? DepEnergy? DepAgri? DeptEdu? DepDefence? FHLMC? FNMA? Health and Human Services? DepInterior? Medicare? Welfare? Social Security?

      unfortunately, the last president actually was a drunken sailor ( or at least a dry drunk Vietnam evader ) who ran the country into the ground and amassed huge debts by giving tax breaks to the wealthy and engaging in two wars of choice.

      Don't forget almost all of the presidents, with very few exceptions. Especially FDR and Obama.

      I really think the problem isn't the presidents, it's the House of Representatives. Let's get that back under control, really. Cut costs down to the level where even the IRS is not needed. If the states what such and such a service, let them pick up the tab. The Fed has for too long been using Income Tax generated cash to control the states. Cut that out!

      I suggest the next move should be winding back all the laws back to 1890 and then add back the things which are truly important. Divest each of the above agencies except those MANDATED by the Constitution.

      BTW, taxing the wealthy is no way to balance the budget. A wealthy is paying my paycheck, and I'm paying taxes. Much better to induce the wealthy to create jobs. It's a multiplicative effect. Besides, I WANT to be wealthy. I spend too much time bellyaching on Slashdot to ever make it though. =8^)

      --
      .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
    86. Re:Can somebody say by tuomoks · · Score: 1

      Well - the pipelines and especially the (rare, largest in the world?) mineral deposits known since 90's - I can see other than heroin coming out of Afghanistan! The strategic position, etc also doesn't hurt? I love red flowers but for each their own - heroin export from Afghanistan is actually very small today, the world has gone by, drug dealing is not what it used to be, all the propaganda aside - LOL!

    87. Re:Can somebody say by tie_guy_matt · · Score: 1

      Yes but the oil companies have been wanting to put a pipeline over Afghanistan for years. Just because there is no oil under Afghanistan doesn't mean the oil companies won't stand to make lots of money from us taking it over.

    88. Re:Can somebody say by Lock+Limit+Down · · Score: 1

      The patents are only good for 18 years. That's a good enough tradeoff in my opinion. Expecting a government run organization to be effective at inventing things is like expecting a professional athlete to be faithful to his wife.

      That said. I'm not complaining about government handouts until every citizen receives the equivalent of what Wall Street executives got when they were bailed out.

    89. Re:Can somebody say by Wyatt+Earp · · Score: 2, Informative

      Not much comes from Afghanistan?

      In 2007, 93% of the opiates on the world market originated in Afghanistan
      http://www.unodc.org/pdf/research/AFG07_ExSum_web.pdf

    90. Re:Can somebody say by daveime · · Score: 1

      As opposed to nonsense projects that will get progressively MORE expensive as the resource runs out.

      Newsflash, oil, gas and all the shale extraction gimmickry might last us 200 years, at an ever increasing cost. The sun is here for approximately the next 5 billion years, and the raw material costs nothing to "extract".

    91. Re:Can somebody say by Mr+Bubble · · Score: 1

      Um... when did we stop spending on that? The Fed has also been using highway funding as a way to do unconstitutional things to the states for 50 years

      I would prefer we transition to mostly high-speed rail ( which will require government investment ), but what is your alternative for the highway system? Have a private company run it? Like BP? Good luck with that.

      Oh yes. That immediately led to all sorts of space activities by us citizens,

      Would you prefer we hadn't gone to space? I will give you a great example of "space activities": satellite technology. If it weren't for government spending, we would not have gone to space. I admit that there is lots of room for private funding now, but that is because government funding showed that it was feasible.

      Um.. The fed didn't spend all that much "creating" the internet. But I'll give you that DARPA is a good example for you to use.

      OK, so it was cheap. But private industry wouldn't have done it because it was a project that benefitted other people than the companies themselves.

      Really? At what cost? EPA? HUD? DepEnergy? DepAgri? DeptEdu? DepDefence? FHLMC? FNMA? Health and Human Services? DepInterior? Medicare? Welfare? Social Security?

      Well, we're going to have to make some tough choices - and not just on the spending side, also on revenue collection. Corporations who use tax shelters should be punished for doing so, I would reduce the size of the military by 1% a year for the next 5 years, leave Iraq and Afghanistan, stop sending billions of dollars to countries like Israel and Egypt, raise the retirement age for Social Security and make government more transparent to the people so we can see where the hell the money is going.

      BTW, taxing the wealthy is no way to balance the budget. A wealthy is paying my paycheck, and I'm paying taxes. Much better to induce the wealthy to create jobs. It's a multiplicative effect. Besides, I WANT to be wealthy.

      I think this is part of the problem - the identification with extremely rich people. You are right, that there is a sweet spot beyond which corporations will be less inclined to spend money and create jobs. We are way, way, past that point. I just want the taxes on the wealthy restored to what they were during the Reagan years. The "conservatives" seem to think those were the good old days of economic expansion, so let's get back there. What jobs does a company create with profit above and beyond what they invest back into their companies? Do you really think Exxon Mobil would explore less if their profits were reduced from $45 billion a year to $40 billion a year?

      Is it more important to give money to really rich people or to pay down the debt? The interest on the debt is killing us. The rich people will survive.

      --
      "The world is a construct of forceful imagination. Those who don't know walk around in the reailties of those who do"
    92. Re:Can somebody say by Anonymous Coward · · Score: 0

      That's a very good sign then, but it brings up the question of why it needs to be subsidized.

      If this is purely an issue about giving people jobs, then I think it's better than regular welfare given the small amount of opportunities right now.

      I realize that these are loans, but my concern is demonstrated by what happened in the housing market (and, in fact, every single major crash in the US going back to 1812); the availability of too-cheap credit creates a proportional amount of malinvestment (not overinvestment), and the market does some *stupid* things. If any of these loans fall through, the loaner (gov) will just monetize the debt onto the public. The existence of the loans serves primarily to make the market look more profitable than it is right now.

    93. Re:Can somebody say by Wyatt+Earp · · Score: 2, Informative

      Half the imported US oil comes from an OPEC nation

      The top five source countries of U.S. petroleum imports are Canada (19%), Saudi Arabia (12%), Mexico (11%), Venezuela (9%), and Nigeria(85)

      43% of the oil in the US comes from the US.

      Where your oil comes from is more of a regional thing - west coast, some from Mexico, alot from Alaska and California, some from the Great Basin and Great Plains

      http://www.eia.doe.gov/ask/crudeoil_faqs.asp

    94. Re:Can somebody say by Rockoon · · Score: 0, Troll

      You seem to think that we should not be spending money, but if not now, then when?

      You sound like someone who makes up strawman arguments in order to get +insightful.

      Poster says "Subsidizing non-economical power generation is not money well spent."

      YOU then respond, via direct quote, with "No, subsidizing clean power generation is money well spent."

      In effect, you shrugged off the economics of it. Glad you used douchebag strawman tactics to get +insightful. Now fucking respond to the point.

      --
      "His name was James Damore."
    95. Re:Can somebody say by Anonymous Coward · · Score: 0

      By taking money from responsible car owners and giving it to failing businesses.

    96. Re:Can somebody say by CohibaVancouver · · Score: 3, Insightful

      If the Saudi in question already has a billion dollars it doesn't matter if America buys any more of their oil. Besides, even if the USA stopped buying Saudi oil tomorrow, China and India would just take up the slack - So the Saudis can fund terror in America, financed by China.

      In my opinion, the only long-term multi-generational solution is for the west (yes, that's you, USA) to fund education in Pakistan, Afghanistan and their ilk. If you educate the populace out of ignorance, then the Saudis lose their proxy-'warriors.'

    97. Re:Can somebody say by MagusSlurpy · · Score: 2, Insightful

      Now imagine how well off we'd be if we spent 480 billion per year on solar power, and only 2 billion on foreign wars.

      Good point. Our new Chinese overlords would let us all sit in lounge chairs and enjoy our free electricity all day long!

      --
      My sister opened a computer store in Hawaii. She sells C shells by the seashore.
    98. Re:Can somebody say by Rockoon · · Score: 1, Flamebait

      In other words, it's by no means a closed system. I was disappointed that Cash For Clunkers didn't demand more of an energy savings and allowed what I considered to be too-new-to-trash cars to get trashed. But on the whole, it did work.

      So on the one hand..

      ...you know for certain that there were significant negative effects such as 'too-new-to-thrash cars' being trashed, and that the fuel efficiency increase mandated was only minor...

      ..but on the other you declare for certain that "it did work"

      You have come into this with your mind made up, and even though you can list ways that it shouldnt have been made up without a real inspection of the factors, well fuck it.. "it worked"

      You can start here to figure out why an old car that gets 20 MPG is awesome for the environment vs the manufacture and use of a new car that only gets a modest increase in fuel efficiency.
      Cash for clunkers was a huge failure for the environment, but it saved GM dealerships. That was its point.

      --
      "His name was James Damore."
    99. Re:Can somebody say by GaryOlson · · Score: 1

      You forgot the back end cost. In order to make themselves feel good about a decisive victory, congresscritters will pay for rebuilding the country according to building standards the locals won't be able to meet -- or care to meet.

      --
      Every mans' island needs an ocean; choose your ocean carefully.
    100. Re:Can somebody say by timeOday · · Score: 1

      Or how about we don't pay people to sit at home?

      Then how will those people get food and shelter?

      Seriously, how can you suggest abolishing something essential to the survival of so many people without bothering to propose your own alternative?

    101. Re:Can somebody say by Anonymous Coward · · Score: 1, Interesting

      How about not subsidizing anything and simply taxing the bad, the stuff you want to go away? That way you do not favour any particular development or any particular firm, but ALL and it becomes a FREE MARKET instead of what it is today.

      If you want a FREE MARKET in non-carbon energy sources, you have to tax the emissions of carbon based technologies. Everyone subsidizes them as they are allowed to pollute our waters with mercury for free, like it didn't have an economic impact.

      Oh wait, this involves a bad word, tax. Apparently in the US and Canada using he word tax gets you politically linched, even if it makes sense and would save taxpayers money. In Canada an election was basically lost over new "taxes"

          http://taxshift.ca/carbontaxes

      of course there are people that just "don't get it" and post stupid editorials,

          http://www.canada.com/vancouversun/news/editorial/story.html?id=d8b09ec3-9707-48cd-b3da-8620511a901f

      They "don't get it" that who pays is not trucker, it's their customer. Those then keep passing the cost along *up* the chain. Ultimately who pays is the customer who gets that money back, and amount of money they pay in tax is determined by what choices they make. Products requiring less trucking will simply be more profitable. Maybe local farmer can get more money for selling local produce locally than getting it trucked 7000 miles. Now that is a radical idea.

    102. Re:Can somebody say by OnePumpChump · · Score: 1

      +1 flamebait

    103. Re:Can somebody say by CannonballHead · · Score: 2, Informative

      Auto sales were already rising. Cash for Clunkers spiked above that rise, then "spiked" below that rise, and then it caught up to the rise. In other words, the only thing CFC did was add a spike up and a dip down in a more or less steady rise, while costing the taxpayer money.

    104. Re:Can somebody say by pgmrdlm · · Score: 1

      I know you are busting my balls, but it was funny. Sorry, I'm not offended.

      --
      Anonymous comments are as pathetic as the anonymous "sources" that contaminate gutless journalism from the New York Time
    105. Re:Can somebody say by OnePumpChump · · Score: 1

      Then, assuming we don't find some other bullshit reason for staying involved in their internal affairs and bringing further misery to them, they can be pissed off for first world abandonment, and denial of opportunities. Like in "Planetes."

    106. Re:Can somebody say by sumdumass · · Score: 1

      You seem to think that we should not be spending money, but if not now, then when? We can't build solar capacity to take the burden off of other plants after plants start going offline for emergency repairs. We need that reserve capacity in place now. No, scratch that, we needed it in place a decade ago. And our power needs continue to increase, so we're going to need even more power plants. If we're going to build more generation capacity, why not build clean solar instead of something messier?

      "why not build clean solar instead of something messier?" Because you are ignoring the economic issues that don't magically disappear with good intentions. What I'm saying is, would you like to pay $20 for a loaf of bread because someone ignored the economics of power generation and it now costs $18 to provide the energy to bake one loaf of bread? We have the tech to build supercomputers that make today's desktops look like yesterday's watches. Why don't you buy one of these supercomputers the next time you are looking to replace or add another desktop system? You see, the economics make a lot more sense there.

      The fact is, our power production infrastructure is in sad shape. We get about one fifth of our nation's power from nuclear plants. Almost all of the nuclear power plants in the U.S. are operating near the end of their design lifetime or beyond it. It won't be more than a couple of decades before we're going to need *major* overhauls to *dozens* of nuclear reactors. If we don't have adequate power generation in place by the time that happens, our country is f***ed with a capital "F".

      That may be so, but it's totally irrelevant to the problem with the point at hand. If the power system needs an overhaul, then it should be done with whatever technology is most practical and cost efficient. Jamming something into the system because it makes you feel good makes about as much sense as replacing you P4 desktop system with a Cray super computer because it's time for an upgrade. We need to make smart decisions that will not cause the costs of a loaf of bread or gallon of milk to jump $18.

      Further, solar power, unlike vegetarian Mexicans, is a resource that, once constructed, generally requires minimal maintenance to provide power for three decades or more. Compared with nuclear power, it is almost as cheap (and getting cheaper, unlike nuclear), produces no ongoing waste products to speak of, is far safer, and can be installed anywhere, not just far away from populated areas.

      Actually, the maintenance is going to be about the same if not less with the Mexicans. You see, you pay the Vegan Mexicans and they take care of themselves. The bearings and crap on the generators and bicycles can be made to last about as long as the solar panels. The similarities are strikingly the same too. It's a large waste of money and will only massively inflate the costs of providing new electricity when cheaper and more reliable methods are already available.

      You mentioned Nuclear and some of it's drawbacks. The interesting thing is that it's in existence today with the exact same drawbacks and is still more cost efficient and cheaper to the consumer then solar is. What will change with this is Solar and Wind when breakthroughs are made that make it the viable replacement. This may or may not happen, it is likely it will though. So as of today, the money should be put into research and development that will make solar more efficient so that tomorrow, when we need the power, it can be the best and most cost effective replacement if it ever is going to be without artificially inflating the costs of other energy.

      To do otherwise is like telling the poor, you will be perfectly fine with paying $18 a loaf of bread, you will find all sorts of work when your electric bill is $400 a month and you have to pay $200 a week for bus and taxi

    107. Re:Can somebody say by skids · · Score: 2, Informative

      I think it's obvious who "came into this with their mind made up."

      People that actually bother to analyze things, other than noting the CfC was not purely an environmental program, but also economic stimulus, are more rational, and note the program had both benefits and disadvantages:

      Take a look herefor example:

      First, an important point, it's not all about CO2:

      "Of course, cleaner-running cars also spew fewer air pollutants such as carbon monoxide, nitrogen oxide, volatile organic compounds, benzene, formaldehyde, particulate matter, and other toxic materials that contribute to smog and respiratory disease."

      And here is where we get some interesting numbers...

      "According to a study by Christopher Knittel of the Center for the Study of Energy Markets, that would reduce annual gas consumption in the United States by roughly 186 million gallons per year, lowering emissions of carbon dioxide, the most important element in the greenhouse gases that are implicated in global warming, by about 1.9 million tons a year."

      "Another criticism of the plan is that cash for clunkers is an expensive way to reduce carbon emissions. One estimate, by Henry Jacoby, co-director of the Joint Program on the Science and Policy of Global Change at MIT, is that CARS will reduce carbon emissions at a cost of about $160 a ton; Knittel puts the figure at $237 and possibly much more. By comparison, a ton of carbon on the European trading system goes for about $20 right now.

      "But while the direct environmental effect might be expensive and not necessarily huge, is it at least a meaningful step in the right direction? To answer that, one has to look at a more complicated picture. First of all, there is the environmental cost of manufacturing all those new cars; the process of making and transporting the average new car creates 6.7 tons of carbon dioxide. So that’s about 4.6 million tons of carbon dioxide created right there from the trading in of 690,000 cars."

      If we went by that without considering side-factors, then CfC would eventually result in a net CO2 reduction.

      However, they even take into account your point:

      "What’s more, there is the “Mexico effect.” As Matthew Kahn, an environmental economist at UCLA, notes, the North Atlantic Free Trade Agreement has, in effect, been a hemispheric cash-for-clunker program, as the United States and Canada ship used but sellable cars south of the border. If these are sent to the scrap heap instead, that means that many older and dirtier Mexican clunkers will stay on the road longer, reducing the gains of the slightly greener U.S. fleet."

      But in the end:

      "Moreover, most of the the funds for cash for clunkers came by shifting money from the loan guarantee program for renewable energy, which is designed to make it easier to invest in and expand green energy projects. Unfortunately, there is no alternate universe in which to test whether there would have been more green for the buck had the money stayed where it was. But the point is that to determine the calculus of environmental impact, one has to go beyond the simple arithmetic of new cars and mileage standards. The most that can be said of cash for clunkers is that it probably has some modest environmental benefits, and that these will accrue over time — but at above-market cost." ...which, as programs that are primarily designed as economic stimulus, not environmental programs, go, is a pretty good side-benefit. History will show CfC to have been an effective program. I may wish that it was tweaked, but I am capable of recognizing that it did, indeed, work.

      Also, it never hurts to ask snopes.

    108. Re:Can somebody say by sumdumass · · Score: 1

      Could you provide some links to this information?

      Last I hear solar was comparable to nuclear on a per watt basis only during peak production times. But that doesn't take into consideration the fact that only a few hours are peak for solar and solar is useless half of the time if not more where nuclear is useful almost 24/7.

      And if you want solar to work at night, you have to find a way to store the energy, convert it to usable forms and transmit it. Remember, people turn the lights on when it's dark out, not when it's high noon and the light coming through the windows already light the room.

    109. Re:Can somebody say by Anonymous Coward · · Score: 0

      You ran out of money a looooononnnngggg time ago, you're running up a tab now. For the moment, almost everyone else in the bar is turning a blind eye to it, but we all no that last call is imminent.

    110. Re:Can somebody say by Anonymous Coward · · Score: 1, Insightful

      It's a fucking LOAN GUARANTEE. So shit can be built in the first place. It's a LOAN.

      Governments issue LOAN GUARANTEES for loads of crap that otherwise would not happen. It includes nuclear power plants, coal power plants, oil drilling, etc.. Without loan guarantees you'd be sitting in a house with permanent brownouts and blackouts because no one would want to invest in 20+ year power plants with an uncertain market and unknown future interest rates.

    111. Re:Can somebody say by IICV · · Score: 5, Insightful

      ... because China is going to invade us with which navy, exactly?

      If we spent twice as much as they do on the military, then yes, I might agree with your sentiment - we shouldn't cut spending, because maybe they might invade, who knows, but really that would be bad for business all around so they might not and anyway they don't really have the capacity to move that many people.

      However, our military spending isn't just twice as much as China's - we spend TWENTY times as much as China. We could cut our military spending to one-tenth of what it currently is, and we'd still be spending more than any other country.

    112. Re:Can somebody say by sourcerror · · Score: 1

      Yeah, that's why saudi newspapers blame everything on America. Thanks, bushbot.

    113. Re:Can somebody say by zippthorne · · Score: 1

      If you want coal to be more expensive, this is what you do: Buy coal reserves, and sit on them.

      If you're not big enough for that, convince others to chip in.

      It's really that simple. Anything less voluntary than that is tyranny.

      --
      Can you be Even More Awesome?!
    114. Re:Can somebody say by GodfatherofSoul · · Score: 2, Insightful

      Oddly enough, none of the 9/11 terrorists were from Afghanistan...or Iraq for that matter.

      --
      I swear to God...I swear to God! That is NOT how you treat your human!
    115. Re:Can somebody say by jbengt · · Score: 1

      I agree that borrowing has been way too easy lately, but not that it has been too cheap. Historically (going way back, except for the 70's/80s), mortgages, e.g. have been around or below 6%, but required significant down payments. The 10%, 5%, and even 0% downpayments, even "ninja" non-documentation loans, and the euphoria about housing prices always rising, are what contributed to the bubble.
      But that's not the problem now. In part thanks to the bank bailout, the banks have money, but they're very skittish about loaning it out, and they are not meeting demand. Under those conditions, the government guarantee is using stimulus funds to stimulate the economy, as intended.

    116. Re:Can somebody say by GodfatherofSoul · · Score: 4, Insightful

      And, this is what Libertarians can't figure out about Keynesian economics. In bad economic times, it's pointless giving tax cuts to the wealthy big corporations because they usually choose to sit on their money (buying up gold for instance) and wait for things to get better (because they can afford to). The working and middle class take this money and spend it immediately.

      The problem with our 2 stimulus packages is they were effectively trickle-down economic policy and not Keynesian economics. And, just as we should have known, the banks are sitting on the money waiting for things to get better.

      --
      I swear to God...I swear to God! That is NOT how you treat your human!
    117. Re:Can somebody say by sourcerror · · Score: 2, Insightful

      Expanding solar capacity will increase the for-profit funded research as well. If we build only small scale stuff we will never learn to manage the large scale one neither. So even if the only thing it's good for gathering experience, it might worth it.

    118. Re:Can somebody say by tuomoks · · Score: 1

      Yes, 2007 -ages ago! And, opiates are a very, very small part of world drug problem. Definitely, makes a lot of money (and power) for some but in global drug problem, a drop in a bucket.

      The mineral findings, actually known since 90's, since russians made a lot of research there with help of some, let's say, global companies are something thousands and thousands times more valuable - and, of course, legal in view of world population. Makes you wonder - or?

    119. Re:Can somebody say by tyrione · · Score: 1

      You forgot the back end cost. In order to make themselves feel good about a decisive victory, congresscritters will pay for rebuilding the country according to building standards the locals won't be able to meet -- or care to meet.

      Precedent: Japan.

    120. Re:Can somebody say by Anonymous Coward · · Score: 0

      Drunken sailors spend their own money.

    121. Re:Can somebody say by Anonymous Coward · · Score: 1, Interesting

      Solar power isn't as PROFITABLE as fossil fuel based power generation......YET.

      However, and very importantly, solar has one obvious advantage that no one has yet pointed out.

      Unlike gas, coal, petroleum, nuclear, hydroelectric, and geothermal sources, solar is at least SCALABLE in 3 dimensions. It just depends on where the collector happens to be. Silicon is fairly abundant, but not exclusively needed for power generation, a solar thermal unit can accomplish power generation if employed correctly.

      To a lesser extent, bio-mass and wind generation are also scalable in a 3 dimensional context, but the efficiencies involved are a bit less than solar can manage, and are a bit less certain in the long run.

    122. Re:Can somebody say by kramerd · · Score: 1

      Unemployment costs for a business your size are 3% of compensation costs, so a 3k credit over 2 years would directly offset unemployment costs (based on your statement of 25k per employee per year).

      On the other hand, Way to be ridiculously off topic and still not have a point.

    123. Re:Can somebody say by sumdumass · · Score: 1

      You forgot something. For unemployment, you have to have been employed, and as such, paying unemployment *Insurance* premiums.

      One small detail. In most states, it's the employer not the employee who is paying the unemployment insurance. And yes, while the feds pretend to be involved in unemployment insurance, it is properly administered and controlled by the states as the federal government has absolutely no constitutional or other authority to be involved in it. The feds do little more then offer money to the states if it's spent in a certain way. If you are self employed and lay yourself off, there is a good change you won't even qualify for unemployment.

      Generally we frown on insurance policies that try to take the money and run.

      For some reason, though, that seems to be exactly what the Republicans want the Feds to do with the UI insurance programs.

      Can you explain this one a tad but more. It's sort of confusion because the last I heard, the republicans wanted the states to deal with it and were apposed to the feds mucking around and perpetually extending it. Perhaps we both are missing something here?

    124. Re:Can somebody say by MagusSlurpy · · Score: 1

      We could cut our military spending to one-tenth of what it currently is, and we'd still be spending more than any other country.

      And he suggested we cut it to one two-hundred-fortieth, which would put us right above Sudan and Hungary. A defense budget of $2B would support 100,000 full-time troops (1/15 of our current active force) at $20K a year, assuming they clothed, fed, housed, armed, and transported themselves. That's 2000 soldiers per state which would be 48 soldiers per county. China's fishing fleet could take us over with numbers like that.

      I'm not going to argue that we shouldn't divert some funds from defense - I doubt the Army would miss two or three new Abrams tanks a year. But gutting the defense budget as he suggested would be irresponsible, criminal, and immoral.

      --
      My sister opened a computer store in Hawaii. She sells C shells by the seashore.
    125. Re:Can somebody say by the-matt-mobile · · Score: 1

      You also forget - we're at nearly 10% unemployment and the payments have been extended again and again and again. Eventually, you do run out of money. I'd rather the people who've been on unemployment for over two years be cut off. If they were that unemployable, they should have been getting retrained during that time. I'd rather the money not run out when the next 10% lose their jobs because this administration can't let go of its pet projects and get to work fixing the job market and the economy.

    126. Re:Can somebody say by UtsuMaster · · Score: 1

      Now imagine how well off we'd be if we spent 480 billion per year on solar power, and only 2 billion on foreign wars.

      Good point. Our new Chinese overlords would let us all sit in lounge chairs and enjoy our free electricity all day long!

      Well, they actually would, since I hear there's quite a few chinese around, and they don't like being in the dark.

      On the other hand, a big marching army carrying torches would be quite scary at night.

      --
      ...or not.
    127. Re:Can somebody say by Wyatt+Earp · · Score: 1

      In 2009 opiate production was down 10%, so now they are around 84% of the world's production.

      They still have more acres cultivated for poppies than are cultivated for coca in South America.

      So it remains that a ton still comes from Afghanistan.

      The UN report for 2003 (last year data is available) claims the bulk of the 22 million problem drug addicts in the world are opiate users.

      So if there are say 15 million problem drug addicts and 83% of the opiates come from Afghanistan then 12.45 million problem drug addicts are using Afghani sourced drugs, or more people than are in Greece.

      Not a "drop in the bucket".

    128. Re:Can somebody say by White+Flame · · Score: 1

      I love how everybody always points fingers to "big bad CEOs", when the vast, vast superdupermajority of corporate leaders are small business owners who often have a difficult time scaling up their business because of the tax burden of hiring employees.

    129. Re:Can somebody say by Anonymous Coward · · Score: 0

      Sorry, just because it's called "insurance", doesn't mean that it is. First, the advocates all tell you pretty emphatically (when the'yre selling it) that you don't pay a dime, the employer carries the entire cost. Second, the "insurance" part is 13 or maybe 26 weeks. What we're into now is unquestionably pure welfare.

      Oh, third, this is so far from insightful that I wonder if only Obama girls can be moderators.

    130. Re:Can somebody say by Anonymous Coward · · Score: 0

      You're forgetting something. Most unemployment insurance was intended to provide 13 weeks' of benefits. Not years and years.

    131. Re:Can somebody say by dgatwood · · Score: 5, Insightful

      In effect, you ignored my entire post. I did not shrug off the economics of it. I pointed out that it was starting to approach nuclear power in terms of operating cost. I figured that was enough by itself, but apparently not, so here's a quick review of economics 101 for you:

      1. The cheapest solar installations are currently about on par with the most expensive nuclear power plants. This means the "non-economical" thing is just a load of bull, as I said in the post you replied to.

      2. What's the #1 thing that brings down the cost of manufacturing? Economies of scale. Now you can't get economies of scale on nuclear plants. Each one has to be designed specifically for the location, at least to some degree. No two are alike. This doesn't lend itself to getting cheaper any time soon. Even if we started building cookie-cutter nuke plants, we'd still only be able to put them in certain places, which means economies of scale never kick in. And the fissionable material is only going to get more expensive as demand increases, so the long-term future of nuclear is not so bright.

      Does solar lend itself to economies of scale? You bet. As we build more PV panels, we continue to find ways to make them for less money. We've seen major advances in non-PV solar systems, too, particularly in the area of nighttime power storage. What one thing is required for solar power to get cheaper? Lots and lots of people building large-scale solar power systems. Unlike nuclear plants, we can build tens of thousands of these things safely, so economies of scale can actually kick in and make the cost of each installation substantially cheaper. Subsidizing a few solar installations now is a great way of making new installations much more economical in the near future.

      Besides, solar power is already cheap enough that it costs barely half what I'm paying for my highest tier of power from PG&E, so it's plenty economical already. The people who say solar is not economical are either misinformed or have an agenda. If it were not economical, PG&E would not be in the process of setting up a number of substantial solar power systems right now. In fact, at California's energy rates, even individual-sized PV systems (some of the most expensive per kWh) typically break even on cost after 5-10 years and are guaranteed to still be providing 85% of their original power output after 30. Sounds pretty economical to me.

      --

      Check out my sci-fi/humor trilogy at PatriotsBooks.

    132. Re:Can somebody say by dgatwood · · Score: 1
      --

      Check out my sci-fi/humor trilogy at PatriotsBooks.

    133. Re:Can somebody say by dgatwood · · Score: 1

      Because you are ignoring the economic issues that don't magically disappear with good intentions.

      The economic issues are a smoke screen. Besides, what I recommended was that the government create nonprofit orgs to produce solar power. By cutting out the profit at the generation level, solar power would likely be *cheaper* than nuclear, though coal would still be cheaper.

      So the question becomes: do you like widespread pollution? That's what this really comes down to. If you want to have nearly unbreathable air like China does, we could have really, really cheap power. Just build a whole crapload of coal plants. That doesn't make it a good decision.

      Secondarily, in the short term, solar is only moderately expensive, but in the long term, it is likely to be much cheaper than using natural gas, diesel, and eventually coal. We only have so much fossil fuel in the ground, and prices are already increasing. In ten years, those solar installations are going to look like a windfall compared with gas-powered peaker plants, and that's even if the cost of solar doesn't drop (which it will).

      The bearings and crap on the generators and bicycles can be made to last about as long as the solar panels.

      You're joking, right? The square footage alone would be absurd. The energy required to keep said people from dying of heat exhaustion would far exceed the power produced, so it would inherently be net energy negative! Further, a sizable percentage of the solar panels, assuming proper maintenance, will still be producing some power long after the *children* of the people riding the bicycles have all died of old age. Mechanical bearings lasting as long as solid-state parts just isn't within the realm of reality.

      The interesting thing is that it's in existence today with the exact same drawbacks and is still more cost efficient and cheaper to the consumer then solar is.

      Yes, it's *slightly* more cost efficient and cheaper. With no possibility for getting significantly cheaper with economies of scale. Solar, by contrast, is in its infancy, and government spending in a nascent industry invariably results in production increases, which results in better economies of scale, which brings down the cost for everyone over the long haul, and to an extent, even in the relatively short term. At the current rate, solar power will be significantly cheaper than coal within a decade *if* we continue the ramp-up.

      To do otherwise is like telling the poor, you will be perfectly fine with paying $18 a loaf of bread, you will find all sorts of work when your electric bill is $400 a month and you have to pay $200 a week for bus and taxi fare. It's like saying, I don't care about the results, the costs, or who it effects, I'm too emotionally charged with getting this thing going so do it so I can feel good. And yes, that is completely wrong on many levels.

      No, it's like telling the poor, "You'll have to pay an extra dollar for each loaf of bread right now so that in ten years you'll be paying $5 for a loaf of bread instead of $1,000." Food for thought.

      --

      Check out my sci-fi/humor trilogy at PatriotsBooks.

    134. Re:Can somebody say by Captain+Splendid · · Score: 1

      you goose step to a dogma

      Really? Could you point it out to me? This is slashdot, so show your work, coward.

      --
      Linux, you magnificent bastard, I read the fucking manual!
    135. Re:Can somebody say by Anonymous Coward · · Score: 0

      Don't blame the current administration. The previous administration takes a lot of blame, but going much further back there were errors all along the way which could be easily forseen.

      I saw that segment of The Daily Show too!

    136. Re:Can somebody say by bigngamer92 · · Score: 1

      Yes, at this point with our huge budgets and the whole "surrounded by ocean thing" a world coalition would have a difficult time landing large amounts of hostile troops without resorting to Nuclear weapons.

    137. Re:Can somebody say by jbridge21 · · Score: 1

      That would be cool and all, if this was actually subsidizing solar power research... the summary says they money is going to companies building production plants, not early-stage research. In other words, just another government distortion of the free market. I'd rather have solar panel producers who can stand on their own commercially instead of giving handouts to yet another industry who will then become dependent on said handouts.

    138. Re:Can somebody say by careysub · · Score: 1

      Drunken sailor?

      I can say "drunken National Guard airman" - you know the DUI-guy who went crazy with the national credit card, wiping out a budget surplus and driving the national debt to incredible levels even before he drove the economy into a deep, deep ditch, and only THEN wrote the largest check the world has ever seen (TARP) to keep the national economic wreck he created from turning into a molten puddle.

      BTW - this is only a loan guarantee for a productive purpose that will likely not cost the government anything. Not something the drunken airman would like.

      --
      Starships were meant to fly, Hands up and touch the sky - Nicky Minaj
    139. Re:Can somebody say by chromatic · · Score: 1

      Any tax savings realized by corporations goes to officer salaries.

      What makes you say that? If I cut costs in my business, I don't necessarily pay myself more (at least not directly).

    140. Re:Can somebody say by Bing+Tsher+E · · Score: 1

      They were fugitives from Saudi Arabia, and harbored in Afghanistan.

    141. Re:Can somebody say by Bing+Tsher+E · · Score: 1

      The 'pipeline over Afghanistan' motive is as debunked as the nonsense about Obama not being a US citizen.

      Go ahead and be the left-wing version of a birther if you wish.

    142. Re:Can somebody say by Bartles · · Score: 1

      Way to be an asshat.

    143. Re:Can somebody say by Anonymous Coward · · Score: 0

      However, our military spending isn't just twice as much as China's - we spend TWENTY times as much as China.

      Is your military at least twenty times as effective?

    144. Re:Can somebody say by Anonymous Coward · · Score: 0

      No, its Oily Sailor. I think he's kinda pissed that Biggest Polluter (B.P.) is crapping all over his presidency. Its bad enough the economy is in the shitter, Obama didn't put it there, but has to clean up the mess, and now tens of thousands of Gulf states residents who would be otherwise working through tough economic times, are unemployed or underemployed cleaning up crap oil (and killing dolphins, turtles, birds, etc). I think he's kinda pissed that BP has basically given him the equivalent of several obscene Italian hand gestures, one of which involves placing the left hand on the right arm, just above the right elbow, and then bringing the right forearm to a vertical position, and the second where one places the right thumb into the open mouth against the front teeth at the first knuckle, then draws the thumb against the teeth, flipping the thumb forward. Solar energy isn't oil. He provides stimulus money for jobs, and isn't patronizing an oil company. Last I saw, the US economy was heading towards double-dip. You can say he's crazy to spend more money, but the banks aren't, and without some movement, things will only continue to spiral down (like in '29). They might get there anyway, but this can't hurt.

    145. Re:Can somebody say by Anonymous Coward · · Score: 0

      Lol.. If that's a troll, then I would hate to think what they call it when I'm really trolling. It's a simple question, people don't like one thing but hate the alternative that pretty much eliminates what they claim they don't like. It's what they appear to be asking for but don't want. Why is that?

    146. Re:Can somebody say by sumdumass · · Score: 1

      Thanks for the link. It does appear that what I said is still true. It doesn't take into consideration the fact that only a few hours are peak for solar and solar is useless half of the time if not more where nuclear is useful almost 24/7. Once that is figured in, it's completely out of range for practical comparisons in real life use.

    147. Re:Can somebody say by Anonymous Coward · · Score: 0

      Spending and efficacy are at opposite ends when describing a war. In Afghanistan, the Taliban are spending the equivalent of 100 US soldiers per year for their entire insurgency. In dollar amounts, the US should have won on the first day. So what happened? Why oh why is Afghanistan looking more like a lost cause? Why hasn't the SURGE! worked? Could it be the 20,000 Pakistanis crossing the open border every day? What is their equivalent dollar amount? How many more Chinese are there than Pakistanis? What would be their dollar amount? You pose good questions, but you should think a bit about the answers.

    148. Re:Can somebody say by sumdumass · · Score: 0

      The economic issues are a smoke screen. Besides, what I recommended was that the government create nonprofit orgs to produce solar power. By cutting out the profit at the generation level, solar power would likely be *cheaper* than nuclear, though coal would still be cheaper.

      If it's a smoke screen, that's only because there is a fire burning underneath. Seriously, economics is the key problem here and needs to be front and center when a good portion of the population is unemployed or making so little they have difficulties paying their bills. And the answers to Obama's famous quote of "under my plan, your electric bill will neccesarily skyrocket" or whatever he said to the same effect, but the answer of raising taxes and the government giving the money away just doesn't cut it and will make problem entirely worse. We can debate the tax and spend or trickle down economics all you want, one thing they both have in common is that you don't over burden the majority of the population in times of economic stress.

      Even if you were pushing non-profits run by the government, they still have to break even on costs, pay their employees, and being a government facility, they will have to pay union employees which means more money, and they will have to hire more people then what is needed. But hey, it's not like we don't have Amtrak or American Airlines as historical examples to look at or anything.

      So the question becomes: do you like widespread pollution? That's what this really comes down to. If you want to have nearly unbreathable air like China does, we could have really, really cheap power. Just build a whole crapload of coal plants. That doesn't make it a good decision.

      Lol.. NO I don't like wide spread pollution. But I also don't like the idea of shooting myself in the foot in order to get out of it either. Obviously, you are so focused on pushing solar onto the masses that you don't mind. You certainly aren't listening to what people have to say. If you were, you wouldn't have even bothered asking me that question as I already offered an alternative to pushing overly expensive solar onto the people. That alternative by the way involves using solar, it's just that the money at this point would be better spend making it more economical and offering those advances to whoever wants to use them in the US so when solar is cheaper then coal or gas or nuclear, it's the obvious choice to use.

      Secondarily, in the short term, solar is only moderately expensive, but in the long term, it is likely to be much cheaper than using natural gas, diesel, and eventually coal. We only have so much fossil fuel in the ground, and prices are already increasing. In ten years, those solar installations are going to look like a windfall compared with gas-powered peaker plants, and that's even if the cost of solar doesn't drop (which it will).

      That depends on how long your terms are. We certainly have enough fossil fuels to address out needs for well over half a century. But hey, who knows, there could be a break through next week which makes solar 1/3 the price of Gas or coal without artificially raising the prices. So which would you rather have in ten years? A solar plant that costs ten times as much as what we have today, a gas powered peak plant that costs 20% more then today to operate, or a solar power that is cheaper then the energy we consume today?

      Because with an expected life span of 25-30 years, what you build today is what you will be stuck with in a decade. They aren't going to abandon a solar plant or gas plant to install newer tech. Especially when the government is involved.

      You're joking, right? The square footage alone would be absurd. The energy required to keep said people from dying of heat exhaustion would far exceed the power produced, so it would inherently be net energy negative! Further, a sizable percentage of the solar

    149. Re:Can somebody say by jordan_robot · · Score: 1

      the space program

      Oh yes. That immediately led to all sorts of space activities by us citizens,

      Seriously? I'm just as pissed as the next grounded cowboy, we were promised rocket-ships after all. But the space program has affected us citizens directly and indirectly in profound ways. Here are just a few hits from a quick google search. Enjoy.

      http://en.wikipedia.org/wiki/Space_Race#Legacy

      http://www.techradar.com/news/world-of-tech/10-tech-breakthroughs-to-thank-the-space-race-for-617847

      http://www.sti.nasa.gov/tto/apollo.htm

      http://www.nasa.gov/centers/ames/pdf/80660main_ApolloFS.pdf

      http://www.marsdaily.com/reports/NASA_Derived_Technology_Captures_Unique_Inaugural_Image_999.html

      http://space-exploration.suite101.com/article.cfm/nasa-space-technology-inventions-and-products

      http://www.spacedaily.com/news/industry-02f.html

    150. Re:Can somebody say by jordan_robot · · Score: 1

      Wouldn't solar replace coal for our electricity needs rather than oil for our transportation energy needs?

      I think they're banking on our entire energy consumption model to fall more and more to electricity, with all petroleum consumption becoming much smaller in the pie charts.

    151. Re:Can somebody say by Anonymous Coward · · Score: 0

      It's not giving money you idiot. It's a guaranteed low interest rate loan. The financial risk is too great for any bank to lend that much money to a startup. It's the same reason without government-backed loans nuclear plants are never built.

    152. Re:Can somebody say by Anonymous Coward · · Score: 0

      Generally we frown on insurance policies that try to take the money and run.

      Really? Try filing 3 homeowner's insurance claims within a year, totaling less than 1/4 of what you've paid for the insurance, and see if they drop you or not. I'll give you a hint: better start shopping for new insurance when you're filling out that 3rd claim.

    153. Re:Can somebody say by uninformedLuddite · · Score: 1

      you dog step to a goose ma

      --
      The new right fascists are bilingual. They speak English and Bullshit.
    154. Re:Can somebody say by uninformedLuddite · · Score: 1

      And, this is what Libertarians can't figure out about Keynesian economics. In bad economic times, it's pointless giving tax cuts to the wealthy big corporations because they usually choose to sit on their money (buying up gold for instance) and wait for things to get better (because they can afford to). The working and middle class take this money and spend it immediately.

      Here in Australia we did some bailing out but also one of the government's ideas was to give a large one off bonus to those on welfare. I can't remember the exact figure but I think it was about $1800. They also worked on the theory that that money would be spent immediately and would recycle into the economy. It seems to have worked 'so far'. We may still yet go down the tubes. I certainly hope not.

      --
      The new right fascists are bilingual. They speak English and Bullshit.
    155. Re:Can somebody say by Anonymous Coward · · Score: 0

      Auto sales were already rising. Cash for Clunkers spiked above that rise, then "spiked" below that rise, and then it caught up to the rise. In other words, the only thing CFC did was add a spike up and a dip down in a more or less steady rise, while costing the taxpayer money.

      Without numbers your assertion is toothless.

    156. Re:Can somebody say by Anonymous Coward · · Score: 0

      Yeah, I can. Is that a tongue twister in your dialect?

    157. Re:Can somebody say by commodore64_love · · Score: 1

      >>>The defence budget for the current war is around 480 billion dollars per year

      So why didn't Obama end the war like he promised? He's the Commander-in-Chief and it's as easy as ordering all the soldiers withdraw back to a defensive position (patrolling the border and US shoreline). The End. Money saved. It's what I would do in his position.

      As for the 2 billion you're right - it's just change. The problem is that Congress has another ~10,000 projects just like this (pork) and that adds up to serious money that is being squandered.

      And finally jobs: I've been out of engineering work for almost two years. I managed to land a temporary 3 month contract and that's it. Now I'm in worse shape than previously (HR idiots assume a 3 month stint means I am not worth hiring, rather than assume it was cost-cutting by a new boss). Where are all these supposed jobs Obama's creating? I'll probably send my resume to these solar companies but doubt it will lead to anything - I have no solar background.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    158. Re:Can somebody say by budgenator · · Score: 1

      More than once, the British invaded during the War of 1812, and the Japanese invaded, captured and shortly held one of our Aleutian Islands.

      --
      Apocalypse Cancelled, Sorry, No Ticket Refunds
    159. Re:Can somebody say by bingoUV · · Score: 1

      What's the #1 thing that brings down the cost of manufacturing? Economies of scale

      Well, that happens in free, for-profit markets. What you are advocating is a non-profit entity to fund research. Any examples of it being the #1 thing that brings down the cost of manufacturing in such non-free, non-profit ecosystems also?

      Come to look at it - Why does economy of scale bring down cost of manufacturing? Scale creates profit, profit creates incentive to do better/same at same/lower prices, thus drives corporate R&D. Why should government take this long, wasteful and circuitous route to reduce cost of manufacturing when they could invest directly in R&D? Why manufacture thousands of square kilometres of solar panels, only to replace them with 20% more efficient ones after 3 years?

      Government already has institutions that specialize in R&D. Public universities / government owned research organizations. Just fund research on design, manufacturing process, deployment, large scale effects, etc. for solar PV panels / solar thermal / whatever "clean" energy production technologies they can think of. Such institutions are already working reasonably well. Setting up new institutions needs a lot of effort that is not required in this case.

      Take home message: Think about why economy of scale reduces cost of manufacturing.

      --
      Bingo Dictionary - Pragmatist, n. A myopic idealist.
    160. Re:Can somebody say by toddestan · · Score: 1

      The program most definitely sold cars, but it was a miserable failure for both the economy and for the environment.

    161. Re:Can somebody say by loafing_oaf · · Score: 1

      Most owners care about their business, and use cost-cutting to strengthen the business. But publicly-owned companies are not run by the owners. They're run by managers who may or may not have the best interests of the business in mind. It's called the Principal-agent problem. Publicly-owned companies are more easily corrupted because the owners (stockholders) are not the ones tending to the daily matters of the business.

      --
      Always someone has power over you. The thing to consider is this: Is the power good, or bad?
    162. Re:Can somebody say by An+Onerous+Coward · · Score: 1

      According to the Republicans (who had six years of full control of government to prove that they could create jobs, and squandered it) the only reason you don't have a job is because our unemployment benefits are so lavish that they keep you from looking for work. So they have no problem cutting off unemployment for people in your situation; they're just freeloaders anyways.

      Were you in congress, I imagine that you would have voted against the stimulus. Since you would presumably then be employed, you'd probably also vote against any jobs program that "added to the deficit." So what, exactly, should Obama be doing to create jobs? If you were in charge, what would be your solution to putting the country back to work? More tax cutting and deregulation? That's how we got into this mess in the first place.

      --

      You want the truthiness? You can't handle the truthiness!

    163. Re:Can somebody say by Shotgun · · Score: 1

      The money would be even better spent subsidizing converting federal building to solar. Giving money away to one particular company or another opens the door wide to graft and corruption. At the very least, it provides ample opportunity for the appearance of graft and corruption.

      The Federal government has huge purchasing power, and lots of property that must be maintained. Require those building to convert to solar power (and provide the money to do it), and you not only subsidize the panel makers, but the converter makers, the installers, the distributors, etc. Solar needs more than manufacturers. It needs a whole infrastructure. A whole market, if you will.

      Not we could expect the community organizer to understand that.

      --
      Aah, change is good. -- Rafiki
      Yeah, but it ain't easy. -- Simba
    164. Re:Can somebody say by An+Onerous+Coward · · Score: 1

      As we've learned, getting troops to a country is easy. Occupying and controlling the country is hard. I think we could disband the Department of Defense entirely for a decade, and we could fight off any invasion solely on the strength of our former soldiers and private arms. If we (the highest-spending military behemoth on the planet, by a factor of ten) couldn't control Iraq (an area smaller than Texas, with a population of about 20M), how the hell is China going to invade and control us?

      Besides, the GP wasn't making a serious proposal (any more than I am). He's just pointing out how truly screwed up our spending priorities are right now. I'm sure he'd be ecstatic with, say, a 50% reduction in military spending.

      --

      You want the truthiness? You can't handle the truthiness!

    165. Re:Can somebody say by Shotgun · · Score: 1

      Heh, I voted for Bob Barr. It's all the people voting for "the lesser of two evils" that allow our honorable soldiers to be left in every armpit of a hellhole this world has to offer.

      --
      Aah, change is good. -- Rafiki
      Yeah, but it ain't easy. -- Simba
    166. Re:Can somebody say by Shotgun · · Score: 1

      Krahar, as someone that watches family members suck off our welfare system, knowing full well that they are imminently able to work, I can tell you without a doubt that no one starves in America for lack of public aid. My mother and sister have been given separate apartments, and both eat exclusively from the benefits of the food stamp program.

      The greatest health problem among America's poor population is...are you ready for this?.... OBESITY. In other countries, poor people die of starvation. In America, the poor bastards sit around in government bought apartments, stuffing their faces until they're to fat to move. Again, this is from personal experience with family members, whose finances I'm particularly familiar with, because I tried very hard to coach them on how to handle their money to stay independent.

      Now there is a catch. To live off the public dole in the US requires that you go whole hog. You have to dodge any reasonable work, because trying to work your way out of the hole you've gotten yourself into will disqualify you from the aid long before the wages are enough to provide a lifestyle as comfortable as what the public dole offers. Many, many people prefer to be idle all day rather than work to improve themselves.

      In short, your contention that the government leaves the poor to starve is laughable. I don't know what news source you listen to in order to get such ideas, but they are not even close to being realistic.

      --
      Aah, change is good. -- Rafiki
      Yeah, but it ain't easy. -- Simba
    167. Re:Can somebody say by Krahar · · Score: 1

      In short, your contention that the government leaves the poor to starve is laughable.

      The word contention implies that I was stating something. In fact I said what my impression was and then asked if that was right. Thus there is no contention.

    168. Re:Can somebody say by Krahar · · Score: 1

      When I was in the US, I saw lots of people on the street whose sole occupation seemed to be to beg for money or food. So those people actually do have housing and a sufficient income to support themselves from government aid? In that case they are even more of a nuisance than I had thought.

    169. Re:Can somebody say by MagusSlurpy · · Score: 1

      If we (the highest-spending military behemoth on the planet, by a factor of ten) couldn't control Iraq (an area smaller than Texas, with a population of about 20M), how the hell is China going to invade and control us?

      100,000 Iraqi deaths compared to 4700 coalition deaths? I'd say we're controlling it pretty damn well. Just because insurgents exist doesn't mean that a government isn't in nominal control - remember, we've had our fair share of terrorist attacks, but most people won't argue that the US government is in control.

      Besides, the GP wasn't making a serious proposal (any more than I am). He's just pointing out how truly screwed up our spending priorities are right now. I'm sure he'd be ecstatic with, say, a 50% reduction in military spending.

      And I'm not disagreeing that a reassessment of priorities is necessary. But when you ignore the whackos instead of addressing them, they just gain more power, and end up running the Glenn Beck Show.

      --
      My sister opened a computer store in Hawaii. She sells C shells by the seashore.
    170. Re:Can somebody say by dgatwood · · Score: 1

      Where are you getting this 10 years from?

      That's about how long I'm expecting us to be able to stretch the aging nuclear plants before the first one shuts down due to noncompliance. Maybe sooner. We'll need a replacement for somewhere approaching a third of our power production within about a decade after that. Lack of availability of power + high demand = skyrocketing costs. Simple economics, really.

      So if solar is 15 cents per Kwh and gas or coal is 5, it's 3 times as much when the sun is shining. If we triple that to account for when the sun doesn't shine or winter, we are looking at nine times the current costs of gas.

      AFAIK, that 15 cents per Kwh is already an average. The difference between 15 and 30 is primarily the difference between different types of hardware installation and different amounts of sunlight in different areas of the country. And actually, that price is apparently based on production with storage. If you are doing grid tie solar, it's almost as cheap as coal power. My math, based on just the cost of panels (ignoring conversion losses, the initial purchase cost of the inverter, installation costs, etc.) is somewhere around 4-6 cents per kWh averaged over the design lifespan of modern panels. That's at retail costs for panels. Buying in bulk brings the cost down considerably, and a corporate entity with hired installers would probably spend considerably less per panel than a homeowner paying a commercial installer would.

      All though the 90's and better part of the last century they have been working on solar for mass production to one degree or another. Any economics of scale has pretty much already been realized.

      For small panels, yes. For large panels, there are still yield problems that need to be resolved, plus a general lack of manufacturing plants building the things. There are still places where economies of scale can play a part. And better manufacturing techniques are being developed---techniques that companies wouldn't bother developing if people weren't buying them. Money spent on buying panels means money getting rolled into R&D to bring the cost down, the efficiency up, etc. Economies of scale doesn't just apply to the manufacturing costs, you know.

      The fact is that solar panel cost per watt has dropped by more than an order of magnitude since the 90s while life expectancy has increased substantially. There are still plenty of gains to be had in this space.

      That alternative by the way involves using solar, it's just that the money at this point would be better spend making it more economical and offering those advances to whoever wants to use them in the US so when solar is cheaper then coal or gas or nuclear, it's the obvious choice to use.

      And you can do that in two ways: by supporting the existing panel manufacturers through your purchases or by trying to do an end run around them. One of these leads to stronger industry, and it's not the latter. The idea of licensing patents to U.S. companies for free is a nice idea in theory, but in practice, Chinese manufacturers don't care about U.S. patents anyway, so all you're really doing is shifting the R&D burden from the companies building panels (where it belongs) to the government (where it will be done with the least efficiency humanly possible just like everything else the government does).

      At least with the corporations holding the cards, if the Chinese manufacturers rip off their IP, they have a little bit of leverage (pulling all of their production and doing so in a very public way as a warning for future companies that might consider doing business with them). If that IP is held by the government, the U.S. government has no such cards to play. You mIght as well start the countdown to a bankrupt U.S. solar industry as soon as you start down that path unless you can also manage to convince solar manufacturing companies to build their products entirely in the U.S. (which isn't very likely).

      --

      Check out my sci-fi/humor trilogy at PatriotsBooks.

    171. Re:Can somebody say by Anonymous Coward · · Score: 0

      You seem to be forgetting the fact that UI "insurance" has a term limit on it that has been far exceeded by most of those who are currently unemployed. The only thing keeping the system going is that the Dems are rewriting the terms of the insurance every few months to extend it beyond what it was ever intended to cover.

      The fact of the matter is that you pay UI because you are forced to pay UI (technically, your employer is forced to pay it, so they simply pay you less). That's money that you can't put into savings to cover your own insurance plan. At that point you are totally dependant on whether the Repubs or Dems are in power and how well it plays on TV that benefits are being extended or not. If there were a public distaste for extending benefits (say a string of scandals showing people living large while on UI), you can bet the Dems would stop extending them.

    172. Re:Can somebody say by Anonymous Coward · · Score: 0

      Exactly how much electricity is produced using OIL? Are you all idiots?!? "Today, more than half of the electricity generated in the United States comes from coal. For the foreseeable future, coal will continue to be the dominant fuel used for electric power production." http://www.energy.gov/energysources/electricpower.htm.

      16% of electrical power generation today is supplied by petroleum products. Of that, 83% comes from natural gas, which is generally taken from local sources and does not come for OPEC countries. http://www.eia.doe.gov/cneaf/electricity/epm/table1_1.html

      So rather than talking about how this $2B is well spent because it will buy us peace and dependence from oil countries, why don't you educate yourselves and realize that oil is transportation, not power production.

      This $2B may or may not be well spent. The cost of PV production is still higher than coal. In California it makes sense because coal generation has been regulated into oblivion, but in other states, coal generation is still cheaper and people take a dim view of being forced to pay considerably more for electricity than what they already pay.

    173. Re:Can somebody say by dgatwood · · Score: 1

      Well, that happens in free, for-profit markets. What you are advocating is a non-profit entity to fund research.

      Uh... no, I'm advocating the government creating a non-profit entity to buy a boatload of solar panel and/or solar tower rigs and set up dozens of large solar-based power generation plants. You must be confusing me with someone else.

      --

      Check out my sci-fi/humor trilogy at PatriotsBooks.

    174. Re:Can somebody say by dgatwood · · Score: 1

      No, that's after factoring all that in, factoring in the extra costs of professional installation by a for-profit entity up on somebody's roof, and lots of other costs. And those numbers are still on the high side, probably because (I think) they're based on a survey of existing installations rather than the cost of a new installation going forward.

      I ran the math on panels assuming somewhere around $3 per watt of output, and assuming 5 equivalent full sun hours (e.g. southern California), and the panel costs by themselves came out to somewhere around 4 cents per kWh averaged over the lifespan of the hardware. That's not the whole cost, of course---you still have the inverter, whatever meter changes are needed for grid tie, installation costs, and the interest you would have made on that money, but I'm finding it hard to believe that a newly installed setup based on the latest panel technology would be anywhere near 15 cents pre kWh, much less 30. And remember that inverter cost per watt tends to decrease as the size of the inverter increases, so large commercial installations would be even cheaper.

      I'm not saying solar is profitable in places where power is cheap (TVA) and/or sunlight is scarce (Alaska), but for much of the U.S., they should be pretty good from an economic perspective at this point. Even the leased solar systems (where you pay per month) typically cost on the order of half what PG&E charges for power, or so I'm told. Now admittedly that's subsidized, but I doubt the state covers half the cost....

      I intend to go fully solar (non-leased) when I build a house, as even a conservative estimate without a penny of subsidies would have it paying for itself in ten years, and the first few panels (knocking out the top tier of power usage) would pay for themselves in five. With subsidies, it would pay for itself even sooner. Your numbers may vary depending on how much you're getting ripped off for power, how much sun you get, and whether you know how to install the panels yourself.

      --

      Check out my sci-fi/humor trilogy at PatriotsBooks.

    175. Re:Can somebody say by Anonymous Coward · · Score: 0

      Someone who cant understand 2 different spellings of defence, is calling anyone stupid?

      You right wing nut jobs are stupid and arrogant, and post as AC.

      Wanker.

    176. Re:Can somebody say by Falconhell · · Score: 1

      Unemployment benefits are a simple equation,

      More starving poor on benefits = less crime.

      Dont expect right wing nut job sto understand this though.

    177. Re:Can somebody say by Progman3K · · Score: 1

      Friend, I'm in almost exactly the same position as you. Keep your head up. It will work out.

      As for your questions: I believe Obama is a good man but he can't just unilaterally decide to pull the troops out of there. Not because it isn't in his power, but rather because he may end up dead if he does. I know I sound like a nut, but defence contracts ARE worth hundreds of billions annually to the war-mongerers and they won't just let him switch off the tap, you can be sure.

      For your working on a solar project: Realize no one else has any background in it, so you're as good as any other applicant on that merit. You can do it!

      --
      I don't know the meaning of the word 'don't' - J
    178. Re:Can somebody say by sumdumass · · Score: 1

      I don't doubt that you think you know about it. It's just that all "official" sources of information tend to gravitate towards the 15 to 30 cent mark without inverters and storage for POV solar.

      And by official, I don't mean that your numbers aren't true, I mean that these are the numbers presented by advocates that are selling or handling the stuff in a professional way of some sort. They all seem to gravitate back to the same set of numbers. Of course this could be as you mentioned, " (I think) they're based on a survey of existing installations rather than the cost of a new installation going forward" or it could be that you are considering your own labor as free in your calculations or something. The reports I can find do seem to be a year or more old.

      Here is an interesting but somewhat outdated site that expands on the notions a little better. What is interesting is the chart they included on the differences in hours of good sunlight in different areas of the US. Southern California can see 9 hours where Ohio is lucky to get 5 hours optimal sun. And even though prices have changed and all, if you look, you will notice that that he didn't even bother with batteries to store the energy. I guess it doesn't make sense to use batteries when you are selling the power back to the utility company. But then there ar drawbacks there too.

    179. Re:Can somebody say by Shotgun · · Score: 1

      If you have any doubt, try to offer food to one of them standing at a street corner with a sign saying that they will work for food.

      You will be cursed for the entire time that you are stuck at the red light. They want cash, which they can use to buy alcohol or worse. They definitely will NOT work, for food or anything else. I've been there, done that, and know several others that have shared my experience. One was a restaurant owner in desperate need of kitchen help. He couldn't get any.

      There have been a few news channel exposes on this idea that homeless people are starving in America. The various charities give away so much food that, again, the biggest health problem among the American "poor" is obesity.

       

      --
      Aah, change is good. -- Rafiki
      Yeah, but it ain't easy. -- Simba
  2. In other news by Dolphinzilla · · Score: 0, Troll

    Obama funds massive solar powered money printing machine....

    1. Re:In other news by Anonymous Coward · · Score: 0

      Dear Mr Obama,

      Thank you for listening to Bill Gates and the corporations who asked you to help fund their research into alternative power. They obviously need to keep the billions they get from ripping us off to spend on more important ventures like keeping US corporate IP rights protected in the third world. Please remember that they asked for $13 billion and not the measly $2 billion you're giving them. I hope you can close a few hospitals or schools to find the rest soon.

      Yours sincerely

      The People.

    2. Re:In other news by MathiasRav · · Score: 1, Insightful

      Bill Gates doesn't care about US corporate IP rights anymore, he cares about his legacy as a philanthropist.

    3. Re:In other news by Anonymous Coward · · Score: 0

      Oh, yeah, Bill Gates and his 'legacy', 'philanthropy', etc. Gimme a break.

      Some legacy:
      http://uppitywoman08.wordpress.com/2010/04/20/microsoft-caught-exploiting-child-labor-in-china-gee-what-a-surprise/

      Oh, heck, just google "Microsoft China child slavery" to get some real insight, etc.

      And don't get me started on his 'donations' (i.e. investments in big pharma, to reap the profits) about 'malaria research, etc., etc.

    4. Re:In other news by Anonymous Coward · · Score: 0

      Do you mean his 'goodwill' tours of the third world where he gives away tens of millions for drugs and education?
      That is ALL about US corporate IP. The money for drugs is on the condition that they don't buy copied
      (cheaper) drugs from Pakistan and other countries that violate US patents.

      He is as much a philanthropist as the street corner dealer giving away free heroin to get you hooked.

    5. Re:In other news by Surt · · Score: 1

      Exactly. When you're rich enough, you start to want to whitewash all the evil you did to get that rich using all that money you have from being, well, evil. I'm not sure why they try though, it doesn't work ... it's not like people have forgotten how evil Rockefeller was. No one is going to erase from history the damage that the windows monopoly did to the computing industry, or the lives that that ruined or ended.

      --
      "Who is the Journal of Quantum Physics going to believe?" --Stephen Hawking
    6. Re:In other news by Anonymous Coward · · Score: 0

      Your quote does not belong to Sun Tzu. If it is a translation of one of his teachings then it must be translated again because it is too thin to approximate any of his teachings.

  3. $20,000 per home? by freshfromthevat · · Score: 5, Insightful

    Abengoa Solar, a unit of the Seville, Spain-based engineering company, will receive a $1.45 billion loan guarantee to build a solar-power plant in Arizona that will create 1,600 construction jobs and 85 permanent jobs, according to White House documents released in conjunction with Obama’s address.
    The power plant will be the first of its kind in the U.S. and generate enough energy to power 70,000 homes, Obama said.

    1.45billion to power 70,000 homes.
    That's $20,000 per home?

    --
    .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
    1. Re:$20,000 per home? by nschubach · · Score: 1, Troll

      ...or $906,250 per job!

      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
    2. Re:$20,000 per home? by Culture20 · · Score: 0, Troll

      Abengoa Solar, a unit of the Seville, Spain-based engineering company, will receive a $1.45 billion loan guarantee to build a solar-power plant in Arizona that will create 1,600 construction jobs and 85 permanent jobs, according to White House documents released in conjunction with Obama's address. The power plant will be the first of its kind in the U.S. and generate enough energy to power 70,000 homes, Obama said.

      1.45billion to power 70,000 homes.
      That's $20,000 per home?

      And 85 jobs. Don't forget the 85 jobs. 1.45B for 85 jobs. Are you against economic recovery? I bet you pirate music too.

    3. Re:$20,000 per home? by Verteiron · · Score: 1

      Well at least the families in those 75,000 homes won't have to worry about their electric bills for- wait, what? That's not how it works?

      --
      End of lesson. You may press the button.
    4. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      It's hard to believe solar panels have a lifetime of over 10 years. What is the replacement cost of all this stuff?

      Notice how the Republican response uses the tired old saw that "future generations" will pay for the $13 trillion in national debt. Financial Reckoning Day will come in the next 5 years or so... So anyone planning on being around then, this is you.

    5. Re:$20,000 per home? by timeOday · · Score: 1

      That's right, energy costs money! For example, a single automobile that lasts 150,000 miles and gets 20 mpg of $3 gas will cost $22,500 over its lifetime.

    6. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      Well, I suppose, but the price of the sun does not go up, does it?

    7. Re:$20,000 per home? by timeOday · · Score: 4, Insightful

      "Dollar per job" figures such as yours are pure absurdity. All you are doing is dividing the total cost of the project by the number of salaries paid by the project. By that measure, the most efficient "job creation" program is... wait for it... welfare, because there are almost no costs other than paychecks. Back in the world of real projects, you can't get stuff done for just the cost of labor. You can't remodel your kitchen for just the price of a handyman, and you can't build a road for just the cost of road workers. Of course, all the money for materials, supplies, insurance, etc. does go to pay somebody.

    8. Re:$20,000 per home? by skids · · Score: 3, Interesting

      Even thin film panels generally last >15 years (and they are still working, really, after that, just not putting out as much power.)

      Mono-Si generally is in the 20-30 year range.

      As far as replacement costs go, 15 years is a very long time now that the Si crunch is over, so the panels that replace the ones that are installed today should be considerably cheaper. Solarbuzz tracks Mono-Si retail prices here.

    9. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      Abengoa Solar, a unit of the Seville, Spain-based engineering company

      Outsourcing again.

    10. Re:$20,000 per home? by Rakshasa+Taisab · · Score: 1

      Why is it hard to believe they have a life expectancy over 10 years? Or even 40 years?

      --
      - These characters were randomly selected.
    11. Re:$20,000 per home? by Ecuador · · Score: 1

      The solar power plant does not cost much to run, so almost all of the energy cost is the installation. So that is $20000/home for many years of power, plus the jobs...

      --
      Violence is the last refuge of the incompetent. Polar Scope Align for iOS
    12. Re:$20,000 per home? by silentcoder · · Score: 2, Interesting

      Erm... you and title = fail.

      How the hell is a LOAN = "gives money to" ?

      The bank loaned me half-a-million to buy my house, they sure as hell didn't GIVE me half a million and if I don't make my payments on that loan you can bet your short-and-curly's they'll take my house.

      Government loans to help large projects with long-term profitability get founded is not unusual in the world and has on many occasions been critical to getting projects done. Corporations have a massive problem justifying a short-term large expense with slow long-term profits.
      But such projects can be important investments in needed infrastructure, so governments find ways to help justify it. One way which America did with most telephone companies was to say "spend the money - and we'll give you a monopoly on selling telephone services"... how did that work out for you ?

      Now "here's a LOAN, that way the expense is ALSO long-term just like the profits so you have no reason not to do it and you have access to the capital" may actually be a MORE free-market solution to a problem the free-market is utterly incapable of solving without intervention.
      Somebody has to make the investment for any large infrastructure project to happen. Individuals - want to be sure of a return in their lifetime. Corporations want to be sure of a return at the next stockholder meetings. That leaves pretty much -government.

      There is one OTHER way - that is when you live in a culture that things doing awesomely cool projects for the hell of doing it is so great that everybody will be happy to invest KNOWING they will never see a return. England once ruled half the world because they thought like that. They built great bridges and ships and towers not because there was any chance of making money but "for queen and country".
      America simply won't build a great bridge (or solar power station) for President and Country - it doesn't fit in your culture's way of thinking at all. So you get to choose HOW government will intervene, not IF... unless you choose to never again make any noteworthy progress as a nation in the fields of engineering and infrastructure (in case you were wondering THAT is a very efficient way to become a very poor nation very very fast).

      --
      Unicode killed the ASCII-art *
    13. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      A $200 monthly power bill is fairly average there given all the AC. Figure $2,400 per year, I had $300 bills at times when I lived there and I had a small house so I'd say even 3 grand a year wouldn't be out of line. Figure $24,000 to $36,000 over 10 years. So even factoring in operating costs you are making money after 10 to 15 years. Decommissioning it involves a bulldozer and you don't have to store waste or tear down mountains to get the fuel. Now how is this impractical? It's an investment in an established technology.

    14. Re:$20,000 per home? by dsoltesz · · Score: 1

      But think of the jobs we've created in Spain!!!

    15. Re:$20,000 per home? by nschubach · · Score: 0, Troll

      Welfare doesn't create jobs...

      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
    16. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      That's right, energy costs money! For example, a single automobile that lasts 150,000 miles and gets 20 mpg of $3 gas will cost $22,500 over its lifetime.

      Since I expect the car to last 250000 miles and get a little better than 20mpg, i'll call that $33000 worth of gas. A decent 250000 mile car will cost about $30,000 plus maybe $5000 in maintenance. Total budget is $68000, or 27 cents per mile. That's not bad. The IRS says it costs 55 cents per mile.

    17. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      This is absolutely false. The current technology uses mediums that collect and retain the heat, Molten salt being the current best option I believe, and allow the plant to produce electricity even well after the sun sets....even up to a week
      http://www.scientificamerican.com/article.cfm?id=how-to-use-solar-energy-at-night
      http://en.wikipedia.org/wiki/Solar_thermal_energy#Molten_salt_storage

    18. Re:$20,000 per home? by gorgonite · · Score: 2, Informative

      yes, and at an interest rate of 3% (lets just assume that, we have a low risk loan here) that's $50 per month and home. That's still a large number, but if you add the other positive effects like job creation and technology build-up this not a "drunken sailor" invest. Just as a remainder: Iraq and Guantanamo for example, these are drunken sailor activities.

    19. Re:$20,000 per home? by Chakra5 · · Score: 3, Informative

      These plants will not use panels at all, so this seems off point. They will use mirrors to focus the radiation onto pipes of flowing molten salts that then transfer the heat to turbines or to storage. Solar panels are improving steadaly and need investment so as to continue to improve as all technology that gets the R&D improves in theis day and age, ...in leaps and bounds...but they have nothing at all to do with the power plants being built. And mirrors are pretty well done technology, although the corrosion factor has been an issue I believe because of all the salt perhaps.

      --
      Get your facts first, and then you can distort them as much as you please.--Mark Twain
    20. Re:$20,000 per home? by Chakra5 · · Score: 1

      I neglected to login when writing the previous

      --
      Get your facts first, and then you can distort them as much as you please.--Mark Twain
    21. Re:$20,000 per home? by JohnnyBGod · · Score: 1

      Erm... that's the GP's whole point.

    22. Re:$20,000 per home? by danlip · · Score: 1

      Sure it does, it creates the job of cashing your welfare check. And you get paid well for it. And you are totally missing the point of the GP.

    23. Re:$20,000 per home? by Surt · · Score: 1

      It does if you label 'please sit at home' as a job.

      --
      "Who is the Journal of Quantum Physics going to believe?" --Stephen Hawking
    24. Re:$20,000 per home? by gorgonite · · Score: 1

      This is not correct. Thermal solar power can store heat for the night. Probably you should learn a little before mistreating small helpless screen pixels like that.

    25. Re:$20,000 per home? by Jeremi · · Score: 3, Insightful

      Actually, that is exactly how it works. Solar power customers can predict with very high certainty what their future electric bills will be, because the costs are known. Coal generated or natural gas generated power customers, OTOH, can only hope that their electric bill won't skyrocket due to fuel scarcity or carbon emissions laws.

      So no, solar power isn't free. But it is reliably priced.

      --


      I don't care if it's 90,000 hectares. That lake was not my doing.
    26. Re:$20,000 per home? by nschubach · · Score: 0, Troll

      Nope... didn't miss the point. ;)

      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
    27. Re:$20,000 per home? by abarrow · · Score: 1

      Which part of "loan guarantee" do you not understand?

    28. Re:$20,000 per home? by hedwards · · Score: 2, Informative

      The IRS figure includes more than just fuel costs. It's the number used to estimate the cost of driving for deductions. It's intended to cover the other costs associated with travel, such as maintenance, insurance and depreciation. Admittedly, it's not perfect, but it does give a reasonable estimate for taxation purposes.

    29. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      Welfare doesn't create jobs...

      It's because that's not what it is designed to do. Welfare is a short term system designed to keep people afloat until they can find employment.

      Welfare doesn't make jobs anymore than Airbags make babies.

    30. Re:$20,000 per home? by joseph_dcruz · · Score: 1

      A $1.45 billion loan guarantee is not $1.45 billion in cash. It's only an underwriting of the loans which Abengoa Solar will be taking out to build the solar plant. A sovereign guarantee reduces the cost of the loans since the banks face a much lower risk of default. The actual cost to the Government will be close to zero until and unless Abengoa Solar defaults on the loans, in which case the cost to the Government will be whatever proportion of the loan the banks are unable to recover.

    31. Re:$20,000 per home? by nschubach · · Score: 0, Troll

      Hell, sign me up for that job!

      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
    32. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      Yes it does.

      We have thousands of public service union members running our welfare system.

      Never met one who didn't think it was the greatest system in the world.

    33. Re:$20,000 per home? by fm6 · · Score: 1

      Not true. You give a poor person money, they going to go out and spend it. People spending money is where jobs come from.

    34. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      "That's $20,000 per home?"

      A decent fraction of the cost to install solar panels on the roof of each of them. Which would also employ a lot of people.

      On the other hand, it's not real money in that amount, only a loan guarantee.

    35. Re:$20,000 per home? by skids · · Score: 1

      Good, hadn't read that far to see it was solar thermal. Much more appropriate for the AZ commercial power sector. Plus the added benefit of time-shifting the tailing edge of the power. Should match the air conditioning load curve pretty well.

    36. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      Not true. You give a poor person money, they going to go out and spend it. People spending money is where jobs come from.

      You take away money from a middle class person and they'll start spending less this is where jobs are lost. The only jobs that welfare creates are the parasitic jobs in the govt welfare offices; a net loss.

    37. Re:$20,000 per home? by Brannoncyll · · Score: 1

      Don't forget that the lessons learned building the first plant will make all subsequent plants cheaper, and more reliable. Money well spent I say.

    38. Re:$20,000 per home? by Bing+Tsher+E · · Score: 1

      Your long winded diatribe that seems to conclude "it has to be massive government spending projects or total decline!" is one of the more ridiculous assertions we've seen here recently. It's just not worth the time to rebut point by point. Carry on, I guess.

      I'll note, though, that much of the wealth created in recent time was generated in spite of the efforts of our esteemed political operatives.

    39. Re:$20,000 per home? by WCguru42 · · Score: 1

      Welfare doesn't make jobs anymore than Airbags make babies.

      Fantastic.

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    40. Re:$20,000 per home? by WCguru42 · · Score: 0, Troll

      Actually, that is exactly how it works. Solar power customers can predict with very high certainty what their future electric bills will be, because the costs are known.

      And those costs are nowhere near as low as coal or nuclear power. They will know their electric rates, but those rates will probably be around $0.50 if true cost were in place. The Service/Utility Commissions will probably work something out so these people can actually afford their electricity.

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    41. Re:$20,000 per home? by WCguru42 · · Score: 1

      It's hard to believe solar panels have a lifetime of over 10 years. What is the replacement cost of all this stuff?

      The most likely cause of failure in a Solar PV system is the inverter, which generally need replacement every 7-10 years (depending on initial build quality). The panels themselves are rather durable assuming no trauma (i.e. falling trees, golfball sized hail, etc.). There is a degradation in output power of about 1% per year so peak output will be decreased significantly, but not critically, after 20 years.

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    42. Re:$20,000 per home? by WCguru42 · · Score: 1

      Since I expect the car to last 250,000 miles ... plus maybe $5000 in maintenance.

      What car are you driving? I'd spend an additional $5,000 up front on the price of a car if I could get a guarantee on maintenance only costing $5,000.

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    43. Re:$20,000 per home? by silentcoder · · Score: 3, Interesting

      I never said that.
      I SAID the free market struggles with projects that have very high initial capital expenses and very slow profit. When it's going to take 20 years to make your money back it makes no sense to invest it.

      And NONE of the money made THAT was has happened WITHOUT politicians.

      Moreover we could argue that the greater majority of wealth created by such projects NEVER go to the investers, it's made in the form of every penny saved by a million commuters with better transport, every restaurant having an extra customer because a tunnel under a channel brought more tourists, every child that can study for a few hours more and get into college because he has light after the sun sets.

      THAT kind of profit is felt by ALL of us, but the guy who made the big investment gets no MORE of it than we all do (most such projects that WERE privately funded has historically CONSISTENTLY gone bankrupt - the British side of the channel tunnel project was already bankrupt years ago until they got government loans, the French side which was a public enterprize is doing well all this time).

      The only way we KNOW of to successfully fund high-cost projects where the profit is benefit to society as a whole rather than to the people who actually invest the money is to SPREAD the investment over everybody - and in our society, as it stands the only practical system we HAVE for doing that is called "Taxes'.

      Only an American could honestly convince himself that paying a bit of his income so EVERYBODY (including himself) can have a better life is somehow a LOSS for him.

      --
      Unicode killed the ASCII-art *
    44. Re:$20,000 per home? by WCguru42 · · Score: 1

      Abengoa Solar, a unit of the Seville, Spain-based engineering company

      Outsourcing again.

      Which US based firms would you recommend? The construction jobs will come from the US, as well as a fair amount of those 85 permanent positions (I assume that some of the heads of the facility will be Spaniards on expat assignments).

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    45. Re:$20,000 per home? by WCguru42 · · Score: 1

      America simply won't build a great bridge (or solar power station) for President and Country - it doesn't fit in your culture's way of thinking at all.

      You're right about President and Country, but there was a time when we would pull out all stops for Country. Look at the Apollo missions, those were incredibly expensive and most people probably didn't see a return on investment (taxes) coming to them from the project (though NASA helped push technology that eventually reached the citizenry). It's a shame that our nation has shifted away from that, there seems to be less patriotism for projects of this grand scope. Maybe we'll come back to that mindset, maybe children will become more interested in the sciences, but there doesn't appear to be any strong push from the leaders of the nation to make a true push to improve the education and the well being of the nation.

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    46. Re:$20,000 per home? by zippthorne · · Score: 1

      Yeah, but most businesses can get by on far less than 900k per employee. Very few (Apple, for instance) post revenue figures that look anything like that number, so if you're going to waste money, why not just buy stuff from those businesses and warehouse it?

      --
      Can you be Even More Awesome?!
    47. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      Except efficient job creation would involve small subsidies to make a job that is marginal in the market appealing. One way to create a lot of jobs would be to offer to subsidize minimum wage positions by $4/hr - $2 to the employer, $2 to the employee. For $4, you have produced ~$5 in market wages along with it. Similar subsidies at higher rates could produce higher income jobs. These market distortions will largely evaporate when the subsidy fades unless you target small businesses to grow them into being able to support the full wage with their cost savings/extra labor from the subsidy.

    48. Re:$20,000 per home? by skids · · Score: 1

      The banks aren't lending enough, instead they are buying treasuries. So yes, it does have to be government spending. Or loans.

      You may be surprised at how it all works.

    49. Re:$20,000 per home? by silentcoder · · Score: 1

      Well some might say that alternative energy sources IS that next frontier for you.

      Seriously - how much do you spend on oil every year ? How much on the wars to secure that oil ?

      These loans all-together is still a fraction of one year in Iraq - and they pay of for many, many generations to come.

      The bit I don't get is that the very same people who complain when a government spends their taxes on building infrastructure has no problem when the government uses their taxes to maintain a massive military during peace-time, or make senseless and expensive wars with...

      The bit about the whole global warming debate that really makes NO sense though is this. So let's assume it's not true - human activity has no influence at all on climate (well there goes chaos theory and pretty much all of quantum physics as well since the idea of anything being without influence and the influence having the capacity violates their most basic precepts but what the heck).
      So we put these efforts we're suggesting in place. We get cleaner air and water. We reduce the incidence of asthma and lung disease. We spend less money on the (generally rather hostile) suppliers of oil. We get to actually SEE the sky again.
      Yeah that would be terrible - making a much better world if there ISN'T an imminent crisis to force us eh...

      --
      Unicode killed the ASCII-art *
    50. Re:$20,000 per home? by DrXym · · Score: 1
      That's $20,000 per home?

      Which over 20 years is hardly a huge amount.

    51. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      Welfare checks? In Finland the government puts the money directly in your bank account :p

    52. Re:$20,000 per home? by Mr+Bubble · · Score: 1

      $20,000 per home?"

      The problem is faulty accounting. I don't know if you guys have a real or perceived economic stake in the current energy production systems, you just like to argue, or you are just bad at math.

      http://www.jsonline.com/business/29482814.html

      The cost to build a new coal-fired power plant in Cassville or Portage has soared because of higher construction prices, Alliant Energy Corp. said Friday.

      The 300-megawatt power plant, which would generate enough power to supply 150,000 homes, is now projected to cost $1.1 billion if it is built in southwestern Wisconsin and $1.2 billion if it is built in Portage, the utility said.

      But this is just the construction costs of the plant. How much will be spent over the course of the plant's lifetime in mining coal, transporting coal, processing coal, managing the burning of coal, performing maintenance on boilers and turbines, managing the waste products of coal, etc.? And that doesn't even take into account the huge costs we pay for respiratory diseases caused by coal, climate change, the environmental damage caused by mountain top removal and by the wastes products, etc. etc. I think if you are honest and thorough in your accounting, you will see that the overall costs to society from burning coal is huge - much more expensive than solar. With the exception of maintenance ( which should be much lower ), none of these reoccurring expenses are present with solar and this is just the beginning of solar research and efficiency gains.

      I am really starting to think that a large percentage of my fellow humans are just insane. Do you guys really think that we will be burning toxic shit to get out power in the future? Is that the best we can do? For a bunch of technophiles, this is an awfully Luddite-like position.

      --
      "The world is a construct of forceful imagination. Those who don't know walk around in the reailties of those who do"
    53. Re:$20,000 per home? by jbengt · · Score: 1

      You're mostly correct.
      The Arizona power plant will be solar thermal generation.
      But the Colorado and Indiana projects will be solar panel manufacturing plants.

    54. Re:$20,000 per home? by jbengt · · Score: 1

      Because in the experience of engineers, off-the-shelf mechanical/electrical equipment installed outdoors is usually expected to have an economically useful life of about 15 years, give or take. Of course, custom made equipment may last longer (or shorter)

    55. Re:$20,000 per home? by Surt · · Score: 1

      That's exactly why it's such a popular job. :-)

      --
      "Who is the Journal of Quantum Physics going to believe?" --Stephen Hawking
    56. Re:$20,000 per home? by Chakra5 · · Score: 1

      ah...thanks for that. I was indeed speaking from knowledge of the Arizona plant, but should have specified that

      --
      Get your facts first, and then you can distort them as much as you please.--Mark Twain
    57. Re:$20,000 per home? by jbengt · · Score: 1

      That's an awfully low maintenance cost, especially for 250,000 miles. Also, you haven't figured the cost of money. And you need to spend on insurance, plus a few other things that I can't think of off hand. The IRS number is pretty accurate for the average driver.

    58. Re:$20,000 per home? by careysub · · Score: 1

      Welfare doesn't create jobs...

      Put away your Republican talking point card.

      Welfare spending is one of the most efficient uses of money to create jobs and economic activity generally because the money is immediately spent on local essential services which have a large multiplier effect (spending money on weapon systems or overseas deployment is one of the least efficient). And if you make it into work-fare (the actual case today) it is even stronger since there is direct economic benefit produced by the recipient as well.

      But "welfare" (and apparently unemployment benefits today) is, by definition, to the right today socialist/communist/anti-American/un-Godly/criminal/evil... just TOTALLY BAD (it's all one thing y'know Limbaugh/Beck say so).

      --
      Starships were meant to fly, Hands up and touch the sky - Nicky Minaj
    59. Re:$20,000 per home? by bm_luethke · · Score: 1

      Your right - but in this case it gets even worse then the person you are responding too. Solar Power isn't ready to be a centralized scaled up power source yet, they are taking a loan that the govt is going to back and hope that someday sometime it will make a profit and they can pay it back. It works fine for individual houses that are getting a "dual use" from the space (that is panels on top of their house) and can pull power off the grid when needed. As for pollution it is still arguable, it just isn't carbon and the cost is done at manufacturing and disposal so many do not see it. The waste chemicals are really nasty too - it doesn't do much good to lower carbon emissions if you sterilize large swatches of the Earth with other chemicals.

      Ultimately they are assuming a loss for a few decades and the billions are meant to cover it and the power companies get to tout their "environmentalism". Given that it is currently most likely going to take a technological breakthrough (not just a small evolution) the chances of this being anything other than an even greater money sink is slim. As such add another 50-100% cost to the project and *then* divide by the number of jobs. That is assuming that when the technological change comes they decide to cut our losses (since the taxpayers covered it) and start anew instead of petitioning for *another* massive amount of money to retrofit their aging plant to the newer equipment (then add another 100% at least). That the number spent per job goes down assumes they make money and they aren't - they are going to bleed massive amounts of it for advertising all funded by the US Govt (otherwise known as taxpayers).

      If they wanted to produce long term jobs efficiently that money would have been better spent in many other areas - it is really comical to see this touted as a "jobs project" - with millions unemployed you get a whopping 90 long term jobs for the money. If he wanted to further green power that money would have either been better off in Nuclear power (for production systems) or sent to research facilities (a breakthrough *will* happen in solar at some point). If he wanted to do something flashy that does nothing but make some of his core believers that were starting to flag get warm fuzzies then he did quite well.

      Were it me: spend it on research, get something that will work before you build it. Frankly it should be the greens that are angry over this because it is only a win for the power companies. They get to trumpet being environmentally friendly when pushed on their emissions and (assuming solar ends up the one winning the race) can point to a huge money loss as a reason not to go to it. But then for 90% of the "greens" that is more the case than not, ignorance coupled with the idea that they are Right and led by the very corporations they despise (for instance note that BP and the other evil corps are the ones pushing for cap and trade - it isn't going to hurt them, indeed it is going to massively increase their power and profits).

      I suspect that Obama is fully aware of all of this but since it helps him with a group that he has been having trouble with (see the handling of the BP oil spill thing again - he couldn't be more in their pocket if they sewed him in there) and it isn't his money - have at it. So 2 billion as a *start* down the drain so he and one of the power companies can shore up their numbers a bit. But hey, there are Republicans to blame so lets not forget that - that's worth at least a few billion too!

      --
      ------- Sorry about the spelling, I suffer from two problems. Dyslexia makes it difficult to spell well, lazy makes it
    60. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      Different AC here. I'm more concerned about the life of the electronics than the panels.
      On home installations, the inverter most often uses many huge electrolytic caps, and those things age quickly at high temperatures.
      Many only have 2000hr rating at 85C or less!
      I would conservatively budget for panel replacement at 15 years, and inverter replacement every five years.

    61. Re:$20,000 per home? by interkin3tic · · Score: 1

      1.45billion to power 70,000 homes.
      That's $20,000 per home?

      Could you put that in terms of military hardware? A tank costs 65 million, a B2 bomber costs 2 billion... I'm having a hard time finding out what we would have spent that money on instead of clean power for one home. Would that have purchased 20 rifles?

    62. Re:$20,000 per home? by Fri13 · · Score: 1

      And if you would place $2000 dollars per house, you would get solar panels to every single of them and give almost 100% free energy production to 700 000 houses with that money!

      And same time, the solar panels production prices would come down and you could actually buy even more for millions houses and get power needs being dropped over 60%!

    63. Re:$20,000 per home? by tautog · · Score: 1

      How about a real world example? My current car is a 2005 Ford Five Hundred. It was $24,000 new, gets 25-28mpg and has roughly 240K miles on it. I change the oil every 10-15K miles (can do it myself for $25 if I watch for sales on oil/filters), it gets tires every 70,000 miles (they're still legal when changed), a transmission service at roughly 100K mile intervals (about $100 in parts and materials), brakes are every 70K miles and I've had to do about $1,500 in unscheduled repairs.

      Let's do some napkin math: Oil changes total about $600, tires are $2,400 (3 sets of Michelins and Continentals), transmission services prorate to $240 and we'll add the repairs to that at $1,500. So, a car that most people ignore has generated expenses of around $4,740 during its entire service life.

      I'll call it an even $5K for argument's sake as I'm not sure how many air filters have gone in it or how many sets of wiper blades, etc. Granted, if you drink the kool-aid and change your oil at 3K, you'll triple that expense and I save lots of money as I have a nice shop to work in and do my own maintenance.

      In any case, this is a car that has never left me stranded, is comfortable for 4 adults, will cruise with any traffic, has A/C that will freeze you out and, oh yeah, is AWD for all-weather use. It also beats the example in efficiency by 25%.

    64. Re:$20,000 per home? by mr+exploiter · · Score: 1

      Yes you did.

    65. Re:$20,000 per home? by vcgodinich · · Score: 1

      How is solar more stable (cost) than nuclear?

    66. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      I know that maintenance costs are aggregate over time, but also remember that any car that needs a $5000 repair should probably just be replaced with a $5000 used car in good working order.

    67. Re:$20,000 per home? by AK+Marc · · Score: 1

      Nuclear waste costs are random at this point. They vary between $0 and $infinity (As in you can't pay someone enough to take it, legally). There is little perceived risk in solar, so there will likely be few, if any regulatory changes. That's not true with nuclear.

    68. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      If it was reliably priced it wouldn't need $2 billion in handouts.

    69. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      I have thermal solar panels with 25-year guarantee. They'll probably last a lot longer than that considering how they are constructed.

      Photovoltaic panels have comparable guarantees.

    70. Re:$20,000 per home? by swilly · · Score: 1

      Here in Arizona there is quite a bit of opposition to thermal solar projects because of its high water use. The desert giveth and the desert taketh away.

    71. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      They could have not taken it from me in the first place and I wouldn't be getting my home foreclosed on now.

    72. Re:$20,000 per home? by hellop2 · · Score: 1

      Yup! And if each home pays $173/month in electricity, it will be paid back in just 10 years. Sounds pretty good to me!

      --
      How many more years will slashdot have an off-by-one error on your Score in your profile?
    73. Re:$20,000 per home? by uninformedLuddite · · Score: 1

      Are you being disingenuous? That would be $20,000 per annum per home if the plant operated for only one year. If it ran for only 20 years then that would mean $1,000 per annum per home. I am sure that most homes would pay $1000+ per year for power so that makes it look a little more economically feasible. This is of course a back of the envelope type calculation so please feel free to hate my mathematically challenged, liberal tree-hugging ways. BTW it's pitch black(I could say as 'black as the gulf' but that would be in poor taste) here at the moment and this post is being sent via a solar powered completely off the grid PC. I have absolutely no problems at all with solar power as I see it working for me every day of my life as it has been for the last seven or so years.

      --
      The new right fascists are bilingual. They speak English and Bullshit.
    74. Re:$20,000 per home? by uninformedLuddite · · Score: 1

      I am really starting to think that a large percentage of my fellow humans are just insane.

      You obviously haven't been thinking about it for very long

      --
      The new right fascists are bilingual. They speak English and Bullshit.
    75. Re:$20,000 per home? by Yvanhoe · · Score: 1

      The idea is to solve all the industrial problems and to complete the designs for large scale solar power plant. And yes, as a side advantage, you get electricity.

      --
      The Wise adapts himself to the world. The Fool adapts the world to himself. Therefore, all progress depends on the Fool.
    76. Re:$20,000 per home? by nschubach · · Score: 1

      FYI, I'm not a Republican. Though I find it funny that someone decided that modding all my posts in this thread as "troll" would somehow matter.

      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
    77. Re:$20,000 per home? by nschubach · · Score: 1

      No. I didn't.

      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
    78. Re:$20,000 per home? by An+Onerous+Coward · · Score: 1

      Tell me what the price of an ounce of uranium will be on December 1, 2018.

      Like any commodity, there are spikes, crashes, and long-term trends in the price of nuclear fuel. Solar doesn't have this problem. Once you buy the system, you know exactly how much you'll be spending on fuel: $0.

      --

      You want the truthiness? You can't handle the truthiness!

    79. Re:$20,000 per home? by Anonymous Coward · · Score: 0

      But with this solar-thermal power plant you will still be able to produce power after the sun goes down. That has some value in the equation.

      riverat

    80. Re:$20,000 per home? by An+Onerous+Coward · · Score: 1

      You exaggerate the cost of this program. A $2B loan guarantee could cost as little as $0.

      You exaggerate the dangers of solar power. At least one of the projects being backed is a concentrating solar plant, which requires no photovoltaics, just mirrors and pipes and molten salt.

      The reason BP is pushing for cap and trade is simple:

      1) They know that the black gold can't keep flowing forever (we currently use oil five times faster than we discover new reserves, and the rate will only increase as China and India increase their consumption).

      2) They are heavily invested in natural gas, a much less CO2-intensive energy source. So they're protected from some of the downsides of cap-and-trade.

      3) The corporate goodies in the legislation are usually there to try and bring in Republican votes.

      The jobs thing: In the long term, the fewer jobs it takes to create a robust energy infrastructure, the better off we are. We'd be far better off than we are today if all the electricity we needed magically appeared in our wall sockets without human intervention. It would kill a specific set of jobs, but society as a whole would be wealthier.

      We wouldn't be better off if every freeway overpass required a five person crew to keep it from falling down. You shouldn't be complaining about infrastructure projects not creating long term jobs.

      In the short term, it will create thousands of jobs, and when the project is over, there had better be another one in the works. Also, some of the loan guarantees are for photovoltaics plants, which should create lots of long-term jobs.

      --

      You want the truthiness? You can't handle the truthiness!

  4. More (solar) power to his elbow... by DamonHD · · Score: 1, Insightful

    Good: I'm in favour of vastly increasing the proportion of solar in the energy mix.

    Rgds

    Damon

    --
    http://m.earth.org.uk/
    1. Re:More (solar) power to his elbow... by bondsbw · · Score: 2

      I am too, but 70,000 homes is not "vastly increasing" anything.

      And why isn't the government paying my electric bill? I don't live in any of those states.

      --
      All my liberal friends think I'm a conservative, all my conservative friends think I'm a liberal.
    2. Re:More (solar) power to his elbow... by Vinegar+Joe · · Score: 2, Insightful

      And why isn't the government paying my electric bill? I don't live in any of those states.

      Who did your state vote for in the 2008 election?

      --
      "The average reporter we talk to is 27 years old......They literally know nothing." - Ben Rhodes
    3. Re:More (solar) power to his elbow... by bondsbw · · Score: 1

      Not Obama.

      --
      All my liberal friends think I'm a conservative, all my conservative friends think I'm a liberal.
    4. Re:More (solar) power to his elbow... by aztektum · · Score: 1

      I'm curious why we don't put these on houses in the sunniest states. Why not build this array but also put them on homes for those that would welcome them?

      --
      :: aztek ::
      No sig for you!!
  5. Last time I checked... by Anonymous Coward · · Score: 0, Flamebait

    Wind power offered way more bang for the buck, in fact it was the only really contender with traditional energy sources. Has anything changed, or is the government still being stupid with our money?

    1. Re:Last time I checked... by Anonymous Coward · · Score: 3, Funny

      Has anything changed, or is the government still being stupid with our money?

      What do you mean "our money"? It's the government's money! Now STFU you right-wing, racist, Fox News watching, Glenn Beck worshiping fascist!

    2. Re:Last time I checked... by dsavi · · Score: 1

      Relevant TED talk: http://www.ted.com/talks/lang/eng/saul_griffith_on_kites_as_the_future_of_renewable_energy.html I haven't actually watched it but my brother said it pretty much blows all other renewable energy resources out of the water.

    3. Re:Last time I checked... by nschubach · · Score: 0, Troll

      Well then, the government can start doing my job then if it's their money. I'd love to see the bureaucrats design and develop rapid software solutions. ;)

      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
  6. Is that a lot? I'm not sure. by stomv · · Score: 5, Interesting

    What is the total cost of install and operation for 50 years for the solar project? What is it for a nuclear plant? A coal fired plant? The solar power plant likely has a higher construction and installation cost, but it likely has a lower operating cost.

    I don't know the answers to the questions I'm raising -- but I do think that simply asking "That's $20,000 per home?" isn't the question which yields the most useful answer.

    P.S. It's a loan guarantee. $1.45B is the upper limit on how much it will cost the taxpayers. The lower limit is $0.

  7. What a mistake by WindBourne · · Score: 4, Interesting

    The 2 billion SHOULD HAVE GONE TO GEO-THERMAL AND SOLAR THERMAL. Look, one of the smartest things that Obama can do is to increase AE, as well as push for electric cars. That is good. The problem is that AE, in wind and solar PV, already has massive backing. OTH, Solar Thermal has some real potential. In particular, collectors should be added to thermal systems. That would allow these to be used 100% for dropping the use of coal/natural gas. OTH, when building a new solar thermal plant, half to 2/3 of the collectors are used for during none sun times. But that adds a lot of expense to solar thermal.

    Likewise, Geothermal has minor amounts of funds. Yet, we are on the edge really getting it cheap. Why? Potter drilling and Foro Energy. Both are working on spallation approaches to drilling (hydro and laser). In addition, there is a REAL simple and relatively inexpensive way to get to geo-thermal. Basically create tax breaks, or even subsidies, to continue drilling down on dry wells. Many wells are exploratory and will be dry wells. These are typically at around 8-10K feet. But, we offer up breaks/subsidies to continue down to hot areas so that the well is not a total bust for the drilling company. Most of the Geo-thermal area is around 12-16K. That is expensive if you are starting from the surface. But if you are starting from a well at 5-10K, then it is relatively cheap. And from the drilling companies POV, they would very much like to make money in places that they drill. If they can not have oil/natural gas, they will be excited to have 10-50 MW geo-thermal power.

    --
    I prefer the "u" in honour as it seems to be missing these days.
    1. Re:What a mistake by AigariusDebian · · Score: 1

      Government cann't just throw money at an idea - there needs to be an offer, a company that has the base work and created a viable design and a business plan. It would also be good to have a pilot in place and working. So - go fund a company, get some VC funding, get smart people together, make a design, a business plan and a pilot and THEN go to both banks and government and VCs for the big lump sums for the actual construction funding. That is what the solar companies did.

    2. Re:What a mistake by meekg · · Score: 0

      Abengoa IS solar thermal.

    3. Re:What a mistake by WindBourne · · Score: 1

      Abound Solar got its original money from the state of Colorado. The Solar Thermal plant being proposed in AZ, gots its original money from the state of Az. Basically, these companies are living far far more on gov. funding then are the suggestions that I had.

      In my case, there are multiple companies that create collectors. So, by lending the money to Thermal power plants for collectors, and requiring that it be from nations/company not dumping, it means that MULTIPLE companies are helped out. Likewise, by doing the geo-thermal approach that I suggested, the drilling company already has skin in the game (lots of it), and are simply being given enough to continue drilling to a depth in which they will hit geo-thermal levels. Then for less costs of processing oil, they can add electrical generators and get power. Heck, if these companies were smart, they would combine those units with some solar collectors. The solar Collectors can bump up the temps and increase the efficiencies.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    4. Re:What a mistake by TapeCutter · · Score: 1

      That's a good idea but you need two bores for geothermal, one for the water to go in and one for the steam to come out. The bores are normally seperated by a few hundered meters. Also geothermal works best in granite whereas test bores for oil/gas are usually drilled in shale or sandstone.

      --
      And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
    5. Re:What a mistake by WindBourne · · Score: 1

      Look again. Abengoa is a full solar thermal plant. That means that you have energy storage (typically oil or salts) as well as extra collectors that are devoted to that storage (about 1/2 to 2/3 of the collectors). In addition, you have to bring lines out there, have new water for it ("whiskey is for drinking and water is for fighting" is the motto out here in the west)
      OTH, by using the money on JUST solar collectors to be added to existing fossil fuel plants, then the money is used 100% to drop emissions and lower costs. It would benefit a large number of companies that build these, and would spread over the majority of the USA.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    6. Re:What a mistake by WindBourne · · Score: 1

      Tape,
      you are thinking of EGS, of which you want to trap the water underneath. OTH, many of the current geo-thermals will work in a single well. Basically, have a an opening 200' below where you pull from. Push your water down there, and then it slowly rises to the opening and is heated.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    7. Re:What a mistake by JamesP · · Score: 1

      Even though I agree with Solar thermal and find it much more viable than solar-cells, I don't think it "needs" 2 billion. Not sure where solar-cells can go and even if they can outpace solar-thermal (it has its problems as well, still)

      I don't know a lot about geothermal, though.

      --
      how long until /. fixes commenting on Chrome?
    8. Re:What a mistake by Tablizer · · Score: 1

      The advantage of solar cells is that they can be put on the roofs of buildings and homes rather than having power piped hundreds of miles. That roof space is otherwise generally wasted on commercial buildings. Might as well make it be energy-producing.

      I realize we are not quite at the point of it being mass technology, but we have to start the journey now to push the technology. Although Apollo didn't result in the invention microchips, it did push the technology at a time when rival technologies were still overall cheaper (or at least better understood).

    9. Re:What a mistake by Anonymous Coward · · Score: 0

      It IS Solar Thermal.
      They are using parabolic troughs and molten salts for thermal storage.

    10. Re:What a mistake by PAKnightPA · · Score: 1

      I guess its not 2 billion but check it out (Press release from DOE website): Department of Energy Offers $102 Million Conditional Commitment for Loan Guarantee to U.S. Geothermal, Inc. Oregon Project is First Geothermal Project to Receive Conditional Commitment link: http://www.lgprogram.energy.gov/press/061010.pdf

    11. Re:What a mistake by jbengt · · Score: 1

      OTH, by using the money on JUST solar collectors to be added to existing fossil fuel plants, . . .

      You can't JUST add solar collectors to an existing plant. You need to add a whole generating system, as the solar thermal most likely runs at different temperatures and pressures than the existing plant, not to mention the control problems of integrating the two.
      Also, you can't JUST stuff the collectors in to any existing plant, as you need a lot of acreage to capture enough sunlight.

    12. Re:What a mistake by jmerlin · · Score: 1

      "Government cann't just throw money at an idea"

      Really? Because Obama's been doing that a lot lately... The "idea" here being economic stimulation and job creation. Let's point out "temporary job" != "job". If someone gets a real job, they can easily expect to be employed for 10-15 years if it's not some contractual based bs. What his spending, at a rate of about 99%, is about is creating a job on the basis that "here, here's a big pile of cash, do XYZ", and as a result, with that money people can be hired. But that's only a fraction of it, and the money isn't inexhaustible even if it's a very large sum, in most cases the "jobs" created (or "saved") are GONE in a few months. So effectively he's throwing money at job creation, but not really making a large impact.

      The irony of it all though, is that in this "stimulation," it's coming out of the pocket books of US citizens (those here legally mainly), so the largest spending class in the US is being charged to create temporary jobs and artificially inflated worths in various markets, at the cost of not having as much money as they would've had to spend. So in net, it costs everyone more money on average than people benefit from it (I say average because banks and various other corporations are making insane amounts of money on this spending, oddly enough). Economy 101, when people have less money, they spend less. We call this economic decline. Irony because it's all being blasted out there as if from a money-shotgun in hopes to hit some magic point in space that will cause the economy to turn around and start thriving again, but in reality it's doing the exact opposite. That's what you get for having a morons (everyone in congress and the president's administration) in power.

    13. Re:What a mistake by pulu · · Score: 1

      The article didn't make it clear... The largest loan was to the spanish company to build a solar plant in AZ, that is in fact thermal solar and it will be the largest trial of hot sodium storage so it can produce after dark until the end of the normal daily peak around here. Obviously the local press has a bit better coverage of the details: http://www.azcentral.com/business/articles/2010/07/03/20100703biz-abengoa0704-ONL.html As to your main contention, each style of solar has it's place, reducing demand from the grid will be less efficient but won't require expansion of transmission infrastructure, especially if it can be done during the peak demand times.

    14. Re:What a mistake by WindBourne · · Score: 2, Interesting

      No, you do not. YOu use the solar collectors to bring the temperatures up, and then use coal or gas to fill the rest. In addition, the majority of the coal plants are located INSIDE of cities, but were built before the city edge hit there. In addition, they were built before we had loads of pollution control. As such, these they had LOTS of land around these plants so that loads of coal could be brought in, and the soot did not fall on close homes.

      Basically, the coal plants that generate about 100-200 MW and were built between 1940-1970 (the vast majority) have LOADS of acres. Now, if you build out the collectors on the land, and use them to heat the water before the final boost, you can cut emissions and fuel use by around 15-20% on average (for the west, it would be closer to 25-30%). Imagine if we cut our electric emissions by around 10% WHILE CUTTING COSTS. That is a significant incentive. Just have to get companies doing it and lowering the price of collectors. Once the collectors are being built, then the full size plants like Az's become CHEAP to do.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    15. Re:What a mistake by WindBourne · · Score: 1

      As I said, it is a TRIVIAL amount in comparison to Solar and Wind. Yet, geo-thermal and nukes are the only one that are 24x7. In addition, geo-thermal is the ONLY choice that can be the cheapest. There are none others that will be cheaper than it. THat is a fact.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    16. Re:What a mistake by quokkaZ · · Score: 1

      "Hot Rock" AKA enhanced geothermal has a great story to tell. Low CO2, baseload power with potentially huge energy reserves. Progress is slow though.

      The company that was possibly the closest to delivering a commercial amount of electricity is Geodynamics with their facility in the Copper Basin in central Australia. It is said to be one of the best locations (geologically) in the world. They have had their problems including a well accident. The initial 25MWe pilot plant has been put back to 2015.

      At best, it seems there is little chance of seeing even one commercial scale (say 500 MWe) EGS power plant in less than 10 years. Unless there is unexpectedly rapid advances, EGS is not likely to impact CO2 emissions for 20 years or more. And that's too late.

    17. Re:What a mistake by WindBourne · · Score: 1

      I had been following that company since its inception. Prior to the blow out on habanero, they were pretty good about giving news updates (not quite as good as Elon Musk, but of that level). Since that time, the company turned into an L-Mart; ZIP. The problem is, that they have limited amounts of money and their wells are DEEP and they appear to not have the money that they had once. BTW, there are a number of spots that are considered better (shallower and easier to drill), such as in Western Colorado, and Indonesia. BUT, that is the best spot in Australia. And with the remoteness, it was a great choice.

      I will point out that each of those wells are expensive. IIRC, They are all the deepest that Australia has. The good news is that potter drilling/Foro Energy will make the price of these wells DROP. In addition, each of these techs should be FAST compared to traditional mechanical drilling. Here in America we have LOADS of drilling rigs and companies. THe smart thing is for politicians to encourage EGS drilling, since it has been shown that America has the most potential. Sadly, altarock was drilling in CA, when ppl in CA got spoked because of Germany's tiny quake. So, now, they have to re-start it in Oregon. Personally, I think that they should have tried it in Wyoming, or in Western CO, but anyplace will work. Right now, there are no less than 12 companies in North America who are doing geo-thermal and they are growing. All of it is regular shallow low-temp binary systems, so, these are typically 50-100 MW of power. BUT, that also means that these companies will be ready to go on EGS once potter is ready. They will also be selling equipment to other drilling companies,

      --
      I prefer the "u" in honour as it seems to be missing these days.
    18. Re:What a mistake by Anonymous Coward · · Score: 0

      Does it look like it's going to be okay to suck heat from the earth? Is there a reason people talk about geothermal as though it were renewable? I've only done first-pass reading and wiki-ing about this, did I get the wrong impression in it seeming like the nature and longevity of the earth's heat aren't really known in any concrete way, including the split between heat from isotopes and heat from formation? Is there not reason to be concerned about draining non-renewable heat from the earth? How much of the heat from the core contributes to keeping the surface liveable? Some, none? Would it be fine if enough heat was eventually drained to stop tectonic shift and subduction? Is that a ridiculous proposition?

    19. Re:What a mistake by WindBourne · · Score: 1

      The heat is generated by decay. Heat will flow through the crust at a set rate. We could not increase it any significant amount. What we do, is grab the heat that WOULD flow upwards and pump it through a heat pump. To find out if there would be any significant damage look at CA geysers.

      In the end, we are tapping heat that will flow outward REGARDLESS. OTH, when we burn fossil fuel, we release energy and CO2 that was trapped and would never have been emitted. Basically, we do far less damage to the world, if we are 100% on geo-thermal then on Fossil Fuel

      --
      I prefer the "u" in honour as it seems to be missing these days.
    20. Re:What a mistake by WindBourne · · Score: 1

      BTW, I thought that you might find the geothermal map and natural gas map interesting:
      Gas Map and of course older heat map.
      This would not benefit everywhere, HOWEVER, the geo-thermal map is an older one and we do not really know how good these things are. Basically, by pushing the approach that I suggest, we may actually find more heat pockets. At the very least, in parts of east texas, and then through the rocket mountain region and California, we will see loads of geo-thermal production.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    21. Re:What a mistake by TapeCutter · · Score: 1

      Thanks WindBourne, I didn't think it was possible to do it with a single bore, you taught me something interesting today. :)

      The pilot sites here in Oz have been drilled in granite since the weak radiation basically gaurentees a 2000M deep bore will find tempratures in the 250-350 degC range. Such a site exists below the biggest coal fired plant in NSW and could potentially replace it's output for at least the next 50yrs.

      --
      And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
  8. Jobs by DaMattster · · Score: 0, Troll

    The unfortunate reality of this is that the "thousands of jobs created" is, at best, an overestimation and would really only open the opportunity to a small number of people. Jobs like these are very highly skilled and specialized which might re-employ about 2%-5% of the approximately 25 million unemployed. In the grand scheme of things, only a politican could celebrate this. Jobs need to be created across the socio-economic stratem in order for there to be meaningful economic recovery. Even if we looked at the rosiest side of this claim, the only people getting full time, permanent employment would be the solar engineers. The installers and the IT professionals would most likely be outsourced or hired as temporary, project labor. Thus, once the project is completed, we are only marginally better off economically. This is certainly not to say that we will being do our ailing planet a very large favor! But let's call a spade, a spade. We are not really helping our economy but helping the planet!

    1. Re:Jobs by Anonymous Coward · · Score: 0

      So what you're saying is that the unemployed have obsolete skillsets, and probably should be spending their time out of work learning new ones so that they can find jobs?

    2. Re:Jobs by Rakshasa+Taisab · · Score: 4, Insightful

      I heard laying one brick would not a house build, so I gave up.

      After a week of binge drinking to drown my sorrows, I finally went home only to find my neighbor's brick house completed. To this day I couldn't figure out how he did it; magic faeries wished the house into existence perhaps?

      --
      - These characters were randomly selected.
    3. Re:Jobs by FooAtWFU · · Score: 1, Informative
      "[G]reen growth ... leads the government in strange directions. For example, with public money very tight, the government has halted private-sector, tax-generating airport investments in favor of tax-consuming rail spending. As Spain is discovering the hard way, more green jobs means fewer real ones."

      (--Rupert Darwall, "Britain Tries Fiscal Austerity", the Wall Street Journal, 29 Jun 2010)

      --
      The World Wide Web is dying. Soon, we shall have only the Internet.
    4. Re:Jobs by Abcd1234 · · Score: 1

      So, what you're saying is, unless Obama can come up with one single, perfect jobs solution that will blanket "the socio-economic stratem" with high-paying, permanent positions, there's absolutely no point in doing anything at all.

      Uhuh.

      May I introduce you to the Nirvana fallacy.

    5. Re:Jobs by Anonymous Coward · · Score: 5, Insightful

      Actually, a drinking analogy is not a bad one for U.S. energy policy.

      An alcoholic binge drinker realizes that the amount they are drinking is making a big, negative financial impact on their lives. They have always done home brewing to try to keep the costs of their habit down, but the yield keeps declining (parts of their basement are already a large brewery, and they're out of room to expand, worse, the production volume is declining year by year for some reason). So, they have to buy more and more alcohol from the store and they're inconveniently fond of imported beer. More than half the beer they drink is now imported (~60%), and they consume a stunning 20% of all the beer available for sale in their entire community. Realizing the situation, they promise to their family, year after year, that they will cut back on the alcohol and find other alternatives. They provide financial incentives to themselves to drink less alcohol and more of the other stuff. They invest in alternatives (e.g., they bought some milk and put it in the fridge). Yet, year after year, they drink a greater and greater volume of alcohol, and it costs them more and more to do so. This goes on for about 40 years. Worse, one day the brewery in the basement blows up, and the mess and insurance costs to clean up the basement were absolutely insane (actually, that's misleading -- the brewery still leaking into the basement as we speak and the full costs aren't entirely quantified yet, but the basement is indeed a mess).

      One day, the alcoholic decides to drink a small glass of water from the tap in addition to the 20 gallons of beer they expect to drink that day. It was difficult, but they feel confident they are on the road to kicking their habit.

      Now replace the alcohol with oil and that pretty much sums up U.S. energy policy of the last 40 years or so.

      To return to your analogy, the problem is: that brick *IS* all that's ever been invested in building your house compared to the scale of the challenge of constructing it.

      Party on, USA!

    6. Re:Jobs by DaMattster · · Score: 0, Troll

      So, what you're saying is, unless Obama can come up with one single, perfect jobs solution that will blanket "the socio-economic stratem" with high-paying, permanent positions, there's absolutely no point in doing anything at all.

      Uhuh.

      May I introduce you to the Nirvana fallacy.

      Actually no, you jumped to a conclusion. What I was saying is that more needs to be done than simply going green. We need to become a country that manufactures again. By only plugging money into a service, we aren't securing a future.

    7. Re:Jobs by DaMattster · · Score: 1

      So what you're saying is that the unemployed have obsolete skillsets, and probably should be spending their time out of work learning new ones so that they can find jobs?

      No, I am not saying that at all. I am simply pointing out that the key to economic recovery does not lie in green jobs.

    8. Re:Jobs by DaMattster · · Score: 0, Troll

      Trouble is, Obama's strategy WRT the economy reminds me of an old children's story that goes like this:

      Mom accidentally poured salt into her coffee instead of sugar. Naturally this didn't taste right and was undrinkable. The whole family packed up and consulted scientists the world over, trying to find a solution to the problem -- but nothing worked. The coffee still tasted like it had salt in it.

      Finally one of the kids spoke up: "Mom, why don't you just dump it out and pour a new cup of coffee??"

      I think the above should not have been modded as a troll. It was a rather astute analogy. Why should you keep doing what you are doing if you still get the same negative result? The definition of stupidity is repeating your actions full knowing that the outcome will not be any different. It seems like this is what the government is doing in its half-baked attempts at economic recovery.

    9. Re:Jobs by DaMattster · · Score: 1

      Troll != "I disagree"

    10. Re:Jobs by Abcd1234 · · Score: 1

      Actually no, you jumped to a conclusion. What I was saying is that more needs to be done than simply going green.

      And did anything in this announcement say "Well, our work is done, jobs are created, time for a vacation"? No.

      This is a piece of the puzzle. And a small one. But it's a piece nonetheless, and it *does* create some jobs for some people, which is better than no jobs for any people.

    11. Re:Jobs by Reziac · · Score: 1

      Thanks. Yes, that was partly my point. Also they're not only repeating the policies that didn't work, they're getting more and more extreme in their attempts to find a solution (just like in the story).

      Or as another old jape aptly puts it, "I cut that piece of wood three times, and it's STILL too short!"

      --
      ~REZ~ #43301. Who'd fake being me anyway?
    12. Re:Jobs by rhendershot · · Score: 1

      thanks. It's Sunday freaking morning. This is no time to make me want a beer!

  9. Re:Is that a lot? I'm not sure. by Sir_Lewk · · Score: 1

    P.S. It's a loan guarantee. $1.45B is the upper limit on how much it will cost the taxpayers. The lower limit is $0.

    It really doesn't take a genius to accurately predict how much it is actually going to cost.

    --
    "linux is just DOS with a UNIX like syntax" -- Galactic Dominator (944134)
  10. Loan vs. Grants. by WindBourne · · Score: 4, Informative

    These are loans, not give away money. I am fine with that. Obama's 1'st years and W' 8 years did trillions of give away dollars all based on deficits. This is the feds lending the money at a low rate. The 2 billion loan will probably cost us around 100 million long-term. In fact, the smartest thing that Obama/congress can do is to lend the money to state and local entities to build out projects. Had they done that originally, then we would have a pretty low debt down the road (though with the potential to have much higher).

    --
    I prefer the "u" in honour as it seems to be missing these days.
    1. Re:Loan vs. Grants. by dsoltesz · · Score: 1

      If I understand how this works (this is similar to federally backed student loans and small business loans I'm assuming), I'm okay with offering a company loan backing (though I'm not okay with the misleading title). But, aren't there U.S. companies that can do this kind of work? Using Abengoa as a consultant would be fine--you know, teach a man to fish and all that--but to build the plants? Are they required to use Abound as the panel provider? And when the plants are built, who owns and runs those plants? 85 new jobs are nice... but more importantly, where do the profits go?

    2. Re:Loan vs. Grants. by WindBourne · · Score: 1

      Personally, I am not that wild about even the loans. The problem is that after we bailed out the banks, they have been investing into China, rather than here. Sad, sad, sad.

      With that said, one company is Spanish. And yes, the profits will go back to Spain. BUT, keep in mind that Spain is based on the Euro which is freely traded against the dollar. As such, if enough dollars flows to EU, then EU gets quite strong against the dollar. The real problem is with nations like China, South Korea, and India. China has a free trade agreement with us, but has not lived up to even a bit of their agreement. There are more trade barriers today, then there were in 1999. In addition, India and South Korea have large trade barriers as well. Finally, you have all 3 manipulating their money against the dollar. Indians and SOuth Korean like to claim that it is not, but you can not have 10% growth against a nation for 10-30 years and have your money stay stable or even DROP against that other country. That alone is the surest sign that you are manipulating your money.

      As I said elsewhere, I would have preferred that the loans have gone to power companies to buy the solar thermal collectors iff the collectors come from nations that have true free trade. IOW, we need to quit sending our money all over when the other nation has intentions of only it being one-way.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    3. Re:Loan vs. Grants. by dsoltesz · · Score: 1

      Agreed - I'd be far more upset if this deal were with China instead of Spain (after all, I'm willing to buy a European sports car, so why not European solar power?). Right now, any money leaving the country is a bad thing in my opinion (ianae). Keeping the profits here (i.e. with domestic companies) is likely to have the greatest positive economic impact for the U.S. From what I can tell from glancing at their website, they'll build and operate the plant and sell the power to the local power company. The long term profits from power sales bothers me even more than the short term profit from building the plant. Actually, I'm probably bothered the most by the embarrassment of having to depend on another country to build the technology for us, like we're a bunch of third-worlders who need to be taught how to use a plow.

    4. Re:Loan vs. Grants. by khallow · · Score: 1

      These are loans, not give away money.

      The two are less distinguishable than they first appear. For example, it's unlikely that General Motors will ever repay fully the loans they got from the ARRA. That means that part of the loan is an actual loan that gets repaid and everything and the other part is give away money. My thinking is that this will be similar. Plus, we need to consider lower interest rates and other hidden give aways in there.

  11. Limits of executive power by corbettw · · Score: 0, Troll

    I remember the good old days, when Congress would appropriate money for projects. When, exactly, did Presidents get signing authority on the national checkbook?

    Nevermind that Spain's experiment with subsidizing solar power is one of the causes of their looming fiscal insolvency. Let's follow them down the path to ruin. Yay!

    --
    God invented whiskey so the Irish would not rule the world.
    1. Re:Limits of executive power by freshfromthevat · · Score: 1

      I remember the good old days, when Congress would appropriate money for projects. When, exactly, did Presidents get signing authority on the national checkbook?

      The president is spending from the checkbook on an account created for him by Congress. This is the stimulus bill money from last year for which there was an immediate need. "Immediate"' is clearly not what it once was.

      --
      .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
    2. Re:Limits of executive power by Abcd1234 · · Score: 4, Insightful

      Nevermind that Spain's experiment with subsidizing solar power is one of the causes of their looming fiscal insolvency.

      And now to break out that classic Slashdot trope: Citation needed.

    3. Re:Limits of executive power by Reziac · · Score: 1

      In line with your sig... did Henry Ford require government loans to get his newfangled auto assembly line off the ground??

      When did it become gov't business to decide which technologies should be funded or not?

      Also, haven't we learned our lesson about foreign-owned power generation yet? Or do you really LIKE paying 10 times what you did when it was all US-owned??

      (Yes, my bill is actually 10x what it was before "deregulation", despite using 1/3rd less power. That's about 6 times the inflation rate for the same period.)

      --
      ~REZ~ #43301. Who'd fake being me anyway?
    4. Re:Limits of executive power by WindBourne · · Score: 1

      Of course the fact that this is a loan and not a subsidy appears to be missing from your facts, and your logic.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    5. Re:Limits of executive power by Rakshasa+Taisab · · Score: 1

      They cut their subsidizes because of the debt crisis, it wasn't the cause of it. Germany did the same.

      However all those panels that have thus far made them the number 1 solar power nation in the world aren't going to suddenly go defunct. They will provide energy for a couple decades at least.

      --
      - These characters were randomly selected.
    6. Re:Limits of executive power by lamaleader · · Score: 2, Informative

      I'm sure the GP is referring to the Spanish Job Study, which has been debunked by everyone who has read it. This article is particularly good at pointing out the massive methodological flaws in the study.
      http://switchboard.nrdc.org/blogs/paltman/credit_for_trying_spanish_stud.html

    7. Re:Limits of executive power by blind+biker · · Score: 1

      Nevermind that Spain's experiment with subsidizing solar power is one of the causes of their looming fiscal insolvency.

      The main reason for the fiscal insolvency of Greece, Italy, Portugal and Spain is pretty much identical: low productivity and rampant tax evasion. Spain's solar projects pale in comparison to these two causes, and in the long run, these solar energy ventures will start to pay for themselves. Solar energy is, by its very nature, a long-term play, one that is very unpopular in nowaday's corporate "grab the cash and run"-world.

      --
      "The agriculture ministry is not in charge of Gundam" - Japanese ministry official.
    8. Re:Limits of executive power by corbettw · · Score: 1

      Short answer: you're an idiot (in the classical-Greek sense).

      Long answer: you're a fucking idiot. The President is not authorized to make loans without Congressional approval, either.

      --
      God invented whiskey so the Irish would not rule the world.
    9. Re:Limits of executive power by corbettw · · Score: 1

      You're saying that Congress essentially gave him a blank check to spend how he likes. Not exactly the kind of checks and balances that we should have.

      My point stands: executive power has gone way, way beyond what it should be.

      --
      God invented whiskey so the Irish would not rule the world.
    10. Re:Limits of executive power by diegocg · · Score: 2, Informative

      First of all, Premiums Are Not Subsidies. The spanish government doesn't pay a single penny for renewable energy (it doesn't even concedes loans to companys, like Obama is doing). The money for renewable energy isn't paid from taxpayer's money, so cutting premiums can't return back even a single Euro to the government. So it has not sense to claim that premiums are being cutted because of public debt issues because renewable premiums aren't paid with public debt, they are paid by the companies that distribute (but don't generate) the power, and they are quite low (2c€/KWh).

      Second, our anual government budget for this year is 350000€ millions. The premiums cut has been of 1300€ millions. That's a 0.003%. The total amount of premiums paid in 2009 to renewable energy before the cut was (according to the Industry minister) 6000€ millions. That's a 0.017% of our 2010 public budget. Hardly a problem even if was paid with public money (which it wasn't)

    11. Re:Limits of executive power by WCguru42 · · Score: 2, Informative

      Your percentages are off by a factor of 100, should be 0.3% and 1.7%, but that still doesn't affect your argument much as those percentages are still rather low.

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    12. Re:Limits of executive power by WCguru42 · · Score: 1

      The President is not authorized to make loans without Congressional approval, either.

      And it appears that Congress did give him approval. Approval in the sense of, here's cash, and here's a very large limit we may or may not enforce. Go forth and do what you will.

      --
      "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
    13. Re:Limits of executive power by freshfromthevat · · Score: 1

      You're saying that Congress essentially gave him a blank check to spend how he likes. Not exactly the kind of checks and balances that we should have.

      You would prefer that the House of Representatives not do block granting of a trillion dollars at a time to the President with no strings?

      --
      .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
    14. Re:Limits of executive power by WindBourne · · Score: 1

      So, not only are you an irrational idiot, but you are rude as well.

      The fact is, that congress gave him the money for this. But let me guess. You are one of those types that believe that Obama was born in Kenya? Or that the democrats actually were behind 9/11?

      --
      I prefer the "u" in honour as it seems to be missing these days.
  12. Same asshats playing you for fools by UziBeatle · · Score: 0, Troll

      These are the same asshats (feds run by leftist expletives) that
    pumped nearly half a billion dollars into Tesla, the electric car company.

      According to Ed Wallace of http://www.insideautomotive.com/ (he has a radio program where he
    went on at length about Tesla car company today)
    This outfit is in over its head 300,000 dollars in per car for cars they expect to sell for some 120k or there abouts.
      They claim to expect to sell 20,000 units per year. To date they have only sold some few 1000.

      Bottom line according to MY reading of what Mr Wallace said is that this company is a shill and sham
    that will accomplish taking money from foolish investors that came late to the game and US Taxpayers who
    as we can all bear witness appear to be fools as well.

        Further reading on the sham Tesla TSLA electric cars:
    http://tech.fortune.cnn.com/2010/07/01/behind-the-hype-on-tesla/

        Expect no less from this expenditure of YOUR money.. (assuming you are a American taxpayer).

          I recommend anyone take a listen to his show when it is on Saturday AM.
          Great site for talk show junkies is http://streamingradioguide.com/radio-shows-on-air.php
         

    --
    Something between the lines jumps out and bites your arm off. Soltan Gris / London
    1. Re:Same asshats playing you for fools by Anonymous Coward · · Score: 0

      Problem here is that they talk and rant and rave, but do nothing to solve the problem.

    2. Re:Same asshats playing you for fools by Chakra5 · · Score: 1

      OK what the hell does the Tesla electric car have to do with a solar power plant?

      --
      Get your facts first, and then you can distort them as much as you please.--Mark Twain
    3. Re:Same asshats playing you for fools by AigariusDebian · · Score: 1

      I don't think so - they sold all the 1000 cars they offered. And they sold them out in days.

      An electric car with electricity from coal will still pollute far less than a gas powered car. Electric cars recharge overnight - when base load is lower, thus this electricity is much easier on the environment than the peak hour electricity. And now you can actually choose what kind of energy you want, so if you choose a green electricity supplier and have an electric car, then you will not pollute the environment. You can't force the rest of the US change, but you can always to the best you can yourself.

      Government loan is not expenditure. They are expected to pay it back.

      The CNN article you quote has no mention of the things you claim. Also you should know that expanding a business into new market comes with costs. For example, Sony PS3 *and* both XBox'es cost much more in parts than their sales price. However, once they started manufacturing then in large numbers and technology matured and defect rates went down, the costs went down as well. For example PS3 is now finally costing Sony less money to make than they sell it for.

      Tesla have the same strategy - they design a new product, that is pushing the technology forward. The first few years the cars might be made at a loss, because of the new technology, but later on these losses will become 'market expansion investments' and they will recover the losses as the market expands and the volumes grow.

  13. Nuclear by Anonymous Coward · · Score: 0

    Why not just build more nuclear plants? Nothing speculative about them at all.

    1. Re:Nuclear by AnonymousClown · · Score: 2, Insightful

      Why not just build more nuclear plants? Nothing speculative about them at all.

      Of course.

      But we need a mix of energy sources. Is there enough fissile material being produced to power the entire nation? What about disposal? Our Sun bombards us with an obscene amount of energy. It would be stupid not to grab it.

      We Americans need to get away from this magic bullet mentality of one thing will solve all our problems. And we need to get away from this mentality that we're going to turn off the oil spigot overnight and live in clean green energy and be at peace for ever and ever.

      --
      RIP America

      July 4, 1776 - September 11, 2001

    2. Re:Nuclear by hedwards · · Score: 1

      Because they're expensive and time consuming to build. Solar is less expensive and quicker to build. Solar really isn't speculative, we know where the sun is going to be at any given point in the year as well as a rough estimate for the kind of weather that the array is being set up in. No part of this is speculative in nature. That being said, having nuclear as a part of the mix is a wise idea, given that it's waste is easily contained and could be refined for more fuel until it's mostly spent.

    3. Re:Nuclear by MrKaos · · Score: 1

      We need more Nuclear Solar or Solar Nuclear. The answer *has* to be Nuclear powered even if it's Solar.

      --
      My ism, it's full of beliefs.
    4. Re:Nuclear by Ash-Fox · · Score: 1

      Solar is less expensive and quicker to build.

      I have no idea where you got this from?

      To build a solar farm that outputs the same power a nuclear power station does, the costs are insane and this is without the enormous amount of land required, ignoring the fact it can't generate power at night and the high maintenance, inefficient power distribution (due to the low level of power it provides per unit).

      --
      Change is certain; progress is not obligatory.
    5. Re:Nuclear by Krahar · · Score: 1

      Is there enough fissile material being produced to power the entire nation?

      That would be strange, since that would constitute a huge amount of overproduction since fissile material isn't at this time powering the entire nation.

      We Americans need to get away from this magic bullet mentality of one thing will solve all our problems.

      Build enough nuclear reactors and it really will solve a lot of your energy problems. The problems with nuclear are political rather than technical - it's not that it couldn't or shouldn't be done, it's that people don't want to.

  14. Gross mischaracterization by RingDev · · Score: 5, Informative

    1.45 billion is a LOAN. If the Spanish company takes the money and runs, the feds are on the hook for it. If they take the money and default after they complete the project, the feds are on the hook for the money, but we get the project. If they don't default, the feds are on the hook for $0.

    The 1.45 billion is not part of the budget, it is not being paid by tax payers at this point, it is a loan from a bank (not the feds) that the feds are insuring.

    Increased power consumption is a fact of life in the US today. You can either invest in Nuclear (assuming you could get it okayed) for $3-5 billion; a coal solar park for $1.45 billion; or a coal plant for about $1 billion even. In any case, the feds are going to have their ass on the line for the project, and IMO, increasing the risk by 450 million is well worth it for not having to deal with the ramifications of yet more coal plants.

    -Rick

    --
    "Most people in the U.S. wouldn't know they live in a tyrannical state if it walked up and grabbed their junk." - MyFirs
    1. Re:Gross mischaracterization by Anonymous Coward · · Score: 0

      So creating $2B out of thin air has no price to the rest of this nation? Perhaps you need to revisit the definition of inflation and it's effects on the society, especially the poor. This is an interesting approach though. By making loans to Spanish companies to work in America you accomplish three things: Spain gets bailout money to stimulate their economy, Federal Reserve money is forced into the US economy to force inflation on people who do not want to borrow or spend but save/reduce debt to ensure their own solvency, and Obama can claim jobs are being created.
      This only provides solutions for their problems and meanwhile, we do actually have to pay for this loan because there is no such thing as free money. It's just harder to track than if they made a $100 withdrawal from everyone's bank account.

  15. Cool, I'm all for it... by greg_barton · · Score: 1

    ... but can we spare a couple hundred mil for a real alternative?

    1. Re:Cool, I'm all for it... by betterunixthanunix · · Score: 1

      I think the idea behind renewable energy is that we will not have to worry about running out of it for a few billion years. You know, like how if we build a thorium power infrastructure, then eventually we will run out of thorium to derive our power from? Much in the same way that we will eventually run out of oil and coal?

      --
      Palm trees and 8
    2. Re:Cool, I'm all for it... by greg_barton · · Score: 0

      There's enough thorium to provide 100x our existing power needs for thousands of years.

    3. Re:Cool, I'm all for it... by An+Onerous+Coward · · Score: 1

      There is enough solar power to provide 100,000,000,000x our existing power needs for 5 billion years.

      C'mon, think long term.

      --

      You want the truthiness? You can't handle the truthiness!

    4. Re:Cool, I'm all for it... by greg_barton · · Score: 1

      Yes, starting in about 100 years. Now? Not so much.

  16. Re:Is that a lot? I'm not sure. by skids · · Score: 1

    Shush. Don't rain on their parade. They want to believe it's a gross injustice. Logic just gets in the way.

  17. Re:Is that a lot? I'm not sure. by AigariusDebian · · Score: 4, Informative

    If they make it and produce electricity, then they will have to repay this loan over the years. So, unless the company screws up very badly or unless the the Sun turns off, in the end this will cost tax payers exactly $0.

  18. Re:Is that a lot? I'm not sure. by skids · · Score: 2, Informative

    One of the riskiest classes of loan guarantee made by the feds is for nuclear power plant construction.

    Those loans are expected to have a 50% default rate.

    Solar's a bit less risky than that -- far less likely to have cost overruns or construction problems. Generally the government does not price risk high enough, but that doesn't mean they lose every dollar they guarantee. Most of it gets payed back.

  19. Re:$0 per home? by garyrich · · Score: 1

    It's a $1.45B LOAN GUARANTEE, not cash money. Unless they default on the loan it only costs imaginary money.

    --
    -- your Web browser is Ronald Reagan
  20. Tesla, brought to you by by freshfromthevat · · Score: 1

    Tesla is brought to you by the same people who brought us PayPal and SpaceX.
    Except that they appear to have been subsidized with federal tax taxpayer money (something I despise) they could be good people doing a good/hard thing at the wrong time. I suspect that if the fed-govt wasn't so expensive these days that Tesla could stand on its own.

    --
    .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
    1. Re:Tesla, brought to you by by Spoke · · Score: 1

      Tesla (like the Solar funds relevant to this article) was granted a low-interest loan.

      There are plenty of other subsidies that the govt hands out in the form of tax breaks (look at big agro and fossil fuel industry) that you would be better off complaining about.

  21. Loan guarantees by grimJester · · Score: 4, Informative

    He's actually not spending any money. The companies building solar power are taking loans for $2B and probably expect to make a profit.

    1. Re:Loan guarantees by Anonymous Coward · · Score: 0

      Or launder $2B in dodgy money. From alternative business practices. Or creative financial instrument certificates, perhaps? Like... credit default swap Chase-Morgan-Stanley -> Euro : post-ex-anti-counter-counter-deriveatives? Or use the loan as collateral for more of the same, thus multiplying it a few score?

      At least, that's how Spanish "funds" worked out in the 3rd world, these last 30 years, or so. They'd buy themselves into motel, eterntainment, and hotels - at first.

      Then, when the Euro came along and local currencies had to be exchanged - and explained - a lot of the monetary base "went missing". And, coincidentally, South American governments scrambled to find stuff to privatize. No truly embarrassing questions asked or expected to be answered.

      Billions and billions and bilions poured in, from the usual suspects, plus several mediterranean investors. Remeber Daniel Dantas, from a few posts back? Local politicis was somewhat "richer", after that. And several newcomer "revelations of the year" appeared in the local business world.

      And all our public services got priced sky-high, over a few year's time.

      Guess it's the U.S. turn at it, now. A lot of money circling in the thin air of big finance and corporations.
      For an almost symbolic project that

      • won't benefit that many people,
      • will create mostly lower-level jobs,
      • locally produce only minor equipment,
      • won't create upper-level know-how locally,
      • and will be paid by them several times over.

      The service bills will try to cover all expenses - including the loans, and interests, and financial services and taxes - and still provide a profit.

      So, in the end, the people pay for it, one way or the other. Except that they pay much more than direct investment would cost.

      Hell, with $2B, open a Development Bank for common people and small start-ups, and small-businesses! For starters, fractional reserve means that would count as, very conservatively and responsibly, at least another $10B in credit. If only an honest board and oversight could be instated.

      But, as I said before, that would be truly beneficient to the people and the economy. Therefore, it runs against the present power-script. Pity. Shame. We suffer.

    2. Re:Loan guarantees by JumpDrive · · Score: 1

      The only issue I have with that is that, these companies can then patent the technology and drive up the cost of solar energy. Even though it's a loan, it's a low interest loan which is helping these companies get a 2B head start in research and marketing.
      There are a lot of companies both big and small that could use a 2B dollar low interest loan to kickstart a new venture (especially in areas where there is a major monetary hurdle to compete) or expand current production. Any of which could help grease the economy.
      2B could support 500 good programmers for 20 yrs without any incoming cash flow. Think of what the Open Source community could do with this to improve Samba , Open Office... or a few other critical computer business components.

    3. Re:Loan guarantees by Anonymous Coward · · Score: 0

      He's actually not spending any money. The companies building solar power are taking loans for $2B and probably expect to make a profit.

      WHAT!!??? Media not reporting correctly? And by the headline I thought Obama just took out 100 million $20 notes in suit cases and handed them over to his buddy. Well...

    4. Re:Loan guarantees by Anonymous Coward · · Score: 0

      If you get a government "loan", you no longer have to worry about making a profit.

    5. Re:Loan guarantees by Krahar · · Score: 1

      Giving a loan at less than the going rate is still spending money, because you could have lent those money at the going rate, so you are out the discount that you are giving on the cheap loan. However, as I understand it, the government isn't actually giving a loan in this case, it is guaranteeing the loan. Which means the government does not have to put up the 2 billion, but it will have to reimburse the people giving the loan if the company is unable to pay back. That is still spending money - the money you are spending is on average two billion dollars times the chance that the company won't make a profit. We don't have a good idea of what that chance is, even though it is surely non-zero. So money is being spent, we just can't tell how much it is.

    6. Re:Loan guarantees by jbmartin6 · · Score: 1

      If there were a reasonable expectation of profit they wouldn't need to borrow money from the government.

      --
      This posting is provided 'AS IS' without warranty of any kind, implied or otherwise.
    7. Re:Loan guarantees by sumdumass · · Score: 1

      Giving a loan at less than the going rate is still spending money, because you could have lent those money at the going rate, so you are out the discount that you are giving on the cheap loan

      Actually, it's a little more costs then that. Often the money has to be borrowed in the first place which costs money. If the low interest loan is at or less then the original interest, then not only are you losing the time value of the money, you are also losing the actual costs to provide it.

      However, as I understand it, the government isn't actually giving a loan in this case, it is guaranteeing the loan. Which means the government does not have to put up the 2 billion, but it will have to reimburse the people giving the loan if the company is unable to pay back. That is still spending money - the money you are spending is on average two billion dollars times the chance that the company won't make a profit. We don't have a good idea of what that chance is, even though it is surely non-zero. So money is being spent, we just can't tell how much it is.

      You are absolutely right here. And with the current technology, the laws of supply and demand, it would appear that the government expects these loans to fail. This is because solar isn't comparable to traditional energy production in cost effectiveness when you consider the non-peak production, night time with no production, and the need to store the energy to accommodate that.

      So what we should expect is a number of things to happen. One would be that the solar is only used during peak daytime production and businesses are pushed towards gearing their needs for that time. Another would be for the loans to fail and the government just paying them out or neglecting their contractual duties and letting smaller banks fail in order to favor the big ones that were too big to fail. Yet another thing we can expect is that energy prices will be artificially inflated in order to force a profit on these companies with the justification in the back ground of them causing the too big to fail banks to be at risk of failing if they can't repay the 2 billion. In the end, I see this having one of two major effects or perhaps a combination of either, Raising taxes or raising energy prices to the consumer which is the same as raising taxes if it's because of the government imposing something. Either way, it's being done in a way that makes useful idiots rejoice while alarm sounding people look crazy.

      Maybe that's the change we can believe in, the change from outright doing stupid shit to doing stupid shit while presenting it in a way the public feel's good about. This money would be far better spend on research and development that could be placed within the public domain that would eliminate any of the barriers that is keeping solar at an economic disadvantage. If fact, crap like the Kyoto treaty would have made much more sense if instead of concentrating on redistributing the wealth, it would have concentrated on creating clean energy that anyone could use royalty free in the same way I described above. It just sort of points to the real agenda (control) I guess.

    8. Re:Loan guarantees by MDillenbeck · · Score: 1

      True, but the $2B is actually a drop in the bucket in what our government had invested already in the fossil fuels industry. Look into how alternative energy companies (wind/solar/etc) cycle in the US. There is a correlation between the collapse on these companies/alternative energy production and the lack of congress renewing of the production tax credit (PTC). What people like me want to see is a leveling of the playing field for these alternative energy companies.

    9. Re:Loan guarantees by An+Onerous+Coward · · Score: 1

      Re: your last paragraph. No, Kyoto was right to focus on the actual goal (lower CO2 emissions) rather than one part of the means of getting there (generating more clean energy). One fact gets overlooked both in this discussion and in the broader policy discussion: It's usually way, way cheaper to invest in energy efficiency than new power generation. That's just one of the reasons why I think a solid cap-and-trade system makes more sense than things like technology-specific subsidies and renewable portfolio standards.

      By the way, $2B is chickenfeed compared to our overall energy infrastructure. The idea that "business" would have to pattern their energy consumption around the couple of plants involved in this deal seems hyperbolic to me.

      --

      You want the truthiness? You can't handle the truthiness!

  22. Re:Is that a lot? I'm not sure. by Anne_Nonymous · · Score: 5, Funny

    >> unless the the Sun turns off

    I'm pretty sure this would be covered under a sunset clause in the loan documentation.

  23. What we're NOT paying is equally important by Chakra5 · · Score: 5, Insightful

    Folks are making points about the money spent, or loaned actually, but what is saved is just as valuable. Less $ on oil wars, oil cleanup, medical costs associated with pollution, retraining for lost jobs due to spills ruining livelihoods. And then there's the savings that are less about money but perhaps even more important. Like fewer fouled beaches, saved species, oh and that global climate change thing. The calculations for this kind of investment really need to be more wise and less driven by simpleminded ideology if you ask me.

    --
    Get your facts first, and then you can distort them as much as you please.--Mark Twain
  24. Jobs created? by Krahar · · Score: 5, Interesting

    I'm always puzzled at this notion that if you allocate money to some project, and as a result that project hires somebody to do a job, then you've created a job. I suppose it is true if we compare what you've done to keeping that money in a mattress. However, if you put it in a bank then the bank is going to invest the money which will move that money into the hands of someone who is doing something with it. That "doing something" is likely going to entail hiring someone at some point. So it mostly doesn't matter how you allocate money: it's mostly always going to create jobs. The government is taking money from people through taxes, thereby preventing those people who originally held the money from putting that money somewhere where it could create jobs - like putting it in the bank, investing it or perhaps just buying sodas. So the government doesn't directly create jobs by allocating money to a project, since jobs would have been there anyway by not collecting that money through taxes in the first place.

    Now the economy is not a zero sum game, so it may still sometimes be a good idea to have the government redistribute money to projects that will benefit the country or humankind in the long term, e.g. where those projects wouldn't obtain funding otherwise because the benefits of the project are external and won't be enjoyed directly by the person undertaking the project. Perhaps this project will do that, and perhaps in benefiting us all it will even indirectly create many more jobs than those that are directly necessary for carrying out the project. What I'm puzzled by is just the idea that the direct employees of the project represent "jobs created" when a similar number of jobs would likely exist anyway if the project never existed. I guess the most you can say is that jobs have been created in one state/town/place by removing a similar number of jobs from other states/towns/places, and that is a benefit to the place that is receiving those jobs. So a politician presenting such a project will want to focus on the benefit of jobs created in one place and downplay the harm of removing those jobs elsewhere.

    1. Re:Jobs created? by darjen · · Score: 0

      I think you're exactly right. The money that is spent on these jobs doesn't directly create any jobs that would have otherwise existed elsewhere in the economy. In reality it is nothing but a transfer program. I'm not sure we will ever really know whether these transfers will actually benefit the country any more than if the normal spending that would have occured. In fact it's probably completely impossible to know, so the president's claims don't make much sense to me.

    2. Re:Jobs created? by Anonymous Coward · · Score: 0

      Go start your own country, then you won't be taxed.

      I'm sorry, but no the free market isn't going to just magically create jobs with every $1 that you don't take in taxes. It's just going to recreate the top heavy nobility vs. peasantry dynamic that existed in the dark ages and many other societies in history.

      Taxes are good. No one is going to supply free education, roads, regulation, unemployment benefits, a civilian controlled military, and the myriad of other services that the US government supplies.

      Of course they're not very good or efficient about doing it, but it's a hell of a lot better than no taxes at all.

    3. Re:Jobs created? by dachshund · · Score: 2, Informative

      However, if you put it in a bank then the bank is going to invest the money which will move that money into the hands of someone who is doing something with it. That "doing something" is likely going to entail hiring someone at some point.

      In 2010 the bank is going to loan it right back to the Treasury, since institutions currently perceive private investments to be too risky. Aren't you aware that we're experiencing terrifically low rates of private investment and a historically low rate of return on US government debt? People are calling it a "flight to safety".

      Similarly, consumers aren't spending as much, they're saving more. Which means more money being put in the bank which then ultimately invests that cash in US treasuries, since the return on private loans sucks --- after all, consumers aren't spending. You can choose to do something about this dynamic or you can choose not to, but you should at least realize what's going on.

      Your advice would have been timely in the early 1990s and maybe even in the early 2000s. It's completely useless right now.

    4. Re:Jobs created? by Krahar · · Score: 1
      I'm not sure I understand. I'm assuming that the debt of the US government is finite at any given time. In that case it is irrelevant how eager banks are to buy that debt/lend, since there is only so much Treasury debt to be had. After that, the banks will have to do something else with their money. So if the state spent less money, they would lend less from the banks, who would then be forced to find other places to put their money.

      The only situation where I can see that your line of reasoning succeeds is if the banks are simply holding the money and doing nothing with it - i.e. the bank is putting the money it has in a mattress and that's it. Is that what is going on on a large scale?

      Your advice would have been timely in the early 1990s and maybe even in the early 2000s. It's completely useless right now.

      I'm not giving advice, I'm articulating my puzzlement at this metric of "jobs created" and saying why it puzzles me. At the end I offered a possible reason for why this metric is used, though I don't see how that is advice.

    5. Re:Jobs created? by Anonymous Coward · · Score: 0

      Great post. People always forget about the opportunity cost of things. As you said, banks don't hold onto money, they lend it out to people who want to use it to do something.

      As we've seen time and time again, central economic planning doesn't hold a candle to free market capitalism. Of course, if you're a politician then having direct control over what businesses get influxes of cash sure does give you a lot of power, doesn't it?

    6. Re:Jobs created? by Quiet_Desperation · · Score: 1

      Taxes are good.

      Yes, when they are spent in a tidy and efficient manner and not on teetering, skyscraping gigaton piles of bullshit. We have a bit of a bullshit problem these days, so it makes people upset about paying any taxes.

      It also doesn't help that the free education seems to suck balls and the only solution the alleged big brains in charge can devise is to just throw more quatloos at it, or they come up with feel good crap that even preteens chuckle at. And the road management, at least in my neck of the world, is incomprehensible. There's roads that get resealed even if they are fine, and others a block away that haven't been repaired in 20 years. None of it makes any sense, and when a reporter decides to actually do some journalism and asks why nothing makes sense, the people in charge babble incoherently like a mental patients.

      That's what I don't get about people like you who spout such platitudes. Yes, the theory of taxes making for a good place to live is fine. I think the "limited government" advocates get that because they do not advocate "no government." Few people seriously advocate anarchy.

      But are you really so completely blind to what goes on in the real world on a daily basis that gets people pissed off? Is it really that hard to comprehend the attitude of people who stayed in school, worked hard and played the game "correctly" and then see large chunks of their money take away and just tossed repeatedly into broken systems and political cesspits? Is it *really* that difficult?

    7. Re:Jobs created? by khallow · · Score: 1

      I'm sorry, but no the free market isn't going to just magically create jobs with every $1 that you don't take in taxes. It's just going to recreate the top heavy nobility vs. peasantry dynamic that existed in the dark ages and many other societies in history.

      Why would it do that? Those times didn't have free markets. As I see it, there are two factors that reduce economic stratification in society. One is a significant degree of mixing in economic status. Second, are low barriers to entry in starting businesses and owning capital. Markets, free or regulated tend to help with both issues.

    8. Re:Jobs created? by dachshund · · Score: 1

      The only situation where I can see that your line of reasoning succeeds is if the banks are simply holding the money and doing nothing with it - i.e. the bank is putting the money it has in a mattress and that's it. Is that what is going on on a large scale?

      If you define a mattress as "the least risky investments available" you'll basically have the shape of it. Of course there's some lending going on, just less then you'd hope for. Keep in mind that (in the US at least) the government has gone to extraordinary lengths to pump money into the banking system, with very unsatisfying results.

    9. Re:Jobs created? by Krahar · · Score: 1

      The only situation where I can see that your line of reasoning succeeds is if the banks are simply holding the money and doing nothing with it - i.e. the bank is putting the money it has in a mattress and that's it. Is that what is going on on a large scale?

      If you define a mattress as "the least risky investments available" you'll basically have the shape of it.

      I don't define mattress like that. I define it as holding the money and doing nothing with it, simply letting it decrease in value from inflation while getting 0% return from it. If the banks invest it in something, just anything, it finds its way somewhere else so that the chain is unbroken - the chain of passing the money on until eventually it most likely creates jobs. What am I missing?

    10. Re:Jobs created? by boxwood · · Score: 1

      Putting money in the bank does not necessarily create more jobs. That money could be invested overseas. Horray for the world economy I guess, but its not gonna get a job for your neighbour.

      Also a company may use that money to automate some of their production. Automation means more capital and less labour, ie. less jobs.

      And of course we can get into the situation we were in a couple of years ago where there was so much money available to the banks but too few good investments. So what do they do with money when there's no good investments left? The start making bad investments. I suppose lending money to people who aren't able to pay it back does stimulate the economomy. But when people start defaulting, the whole thing comes crashing down.

      So yeah it does make a big difference to the economy if people are spending their money instead of saving it. The banks can't create jobs, they can only create bubbles. The bubbles temporarily create jobs, I suppose. But the jobs created by bubbles are very unproductive. When the cycle is finished you just end up with a lot of expensive chairs and surplus obsolete networking equipment (dot com bubble) or houses that no one can afford (mortgage bubble). All paid for from people's lost retirement funds. Economically its the same as if the government taxed people's savings and paid a lot of people to make stuff that no one will use.

    11. Re:Jobs created? by Krahar · · Score: 1

      Also a company may use that money to automate some of their production. Automation means more capital and less labour, ie. less jobs.

      That's true, though investments by the government can have the same effect. E.g. researchers are paid more than bricklayers, I'm guessing, so government spending on research generates fewer jobs than if that money would have gone to build houses.

  25. Don't need to air-condition at night by tepples · · Score: 1

    There are plenty of ways to store the sun's energy overnight. One involves using the sun to heat molten saltpeter and then running a heat engine that slowly sucks up that heat, as AC suggested. Others include flywheels or just using the existing power grid for a lower nighttime load that doesn't have to cover air conditioners.

  26. Oil subsidies by AnonymousClown · · Score: 5, Insightful

    Subsidizing non-economical power generation is not money well spent.

    That argument will hold no water until the oil industry stops getting their subsidies.

    --
    RIP America

    July 4, 1776 - September 11, 2001

    1. Re:Oil subsidies by sumdumass · · Score: 1

      The subsidies the oil industry gets are more or less (partial) repayments for them doing things the way the government wants them to and for enacting programs the government wants. In other words, the subsidies that the oil industry gets pretty much all cover wasted money that they wouldn't be spending in the first place.

      This means your argument will hold no water.

      We need to stop using fallacious arguments to support a failing argument.

    2. Re:Oil subsidies by tyrione · · Score: 1

      Subsidizing non-economical power generation is not money well spent.

      That argument will hold no water until the oil industry stops getting their subsidies.

      Especially when they are getting 10:1 in subsidies while raking in 10 times in profits.

    3. Re:Oil subsidies by shentino · · Score: 1

      Does the oil industry even NEED subsidies to stay in business?

      If so, then they are inefficient and the free market needs a chance to boot them out of business. If not, then they are a waste of money.

      Either way, subsidies for oil companies are a load of crap.

  27. Loan by SgtChaireBourne · · Score: 1

    That's because the collateral damage from Microsoft's war on skills has taken out just about all engineering and science, not just IT, in the universities. It's also crippled the ability of any private company to be efficient, nimble or even competitive. Microsoft's acting Political Action Committee, the Gates Foundation, is working hard to make sure that war on skills comes even to secondary school.

    We're talking about a loan, anyway, to known viable companies making an in-demand product not more sub-prime lending bubble stuff. Even the word loan is in both the title and in the URL. Without science or industry and an academia that's being rubbed out, the hope has to come from other countries. What the Bush administration did to other countries with ammo, it did to the US with policies. Sadly while the Bush junta is out of office, they have not entirely left power. If the loan has to go to companies in Spain to allow the US to get back on its feet again sometime this next 20 years, then that's how it goes.

    --
    Beta is broken and the link to classic doesn't work. Stop wasting our time or there won't be anybody left here.
    1. Re:Loan by dsoltesz · · Score: 1

      Even the word loan is in both the title and in the URL.

      In the second article, not the /. title or text, which says something quite different. Yes, we should all rtfa, but perhaps the /. posting should be a bit more accurate and a bit less biased and misleading. Frankly, now that I think about it, the entire submission is way too political for /. Why aren't we focusing on the technology here?

    2. Re:Loan by drsmithy · · Score: 1

      That's because the collateral damage from Microsoft's [...]

      Thanks for not letting me down, Slashdot ! I knew someone would somehow manage to leverage this story for anti-Microsoft rhetoric.

  28. Convenient, as Spain is scrapping green program. by Kaz+Kylheku · · Score: 0, Troll

    The green program in Spain (solar power, etc) costs more than the energy it produces.

    The piggies will have to find some other government trough. So of course, off they go to Obama, where else!

    For instance look at this article: http://michellemalkin.com/2009/04/13/spains-green-jobs-boondoggle/

    IT claims that every green job "Every “green job” created with government money in Spain over the last eight years came at the cost of 2.2 regular jobs, and only one in 10 of the newly created green jobs became a permanent job, says a new study released this month. The study draws parallels with the green jobs programs of the Obama administration."

  29. Really? by WindBourne · · Score: 1

    Please explain to us exactly how electricity from the sun replaces any oil right now.

    --
    I prefer the "u" in honour as it seems to be missing these days.
    1. Re:Really? by khallow · · Score: 1

      Please explain to us exactly how electricity from the sun replaces any oil right now.

      That's crazy talk. Any peak oiler would be able to rationally explain that to you (peak oil == peak energy, naturally). They wouldn't, of course, but they'd be able to.

    2. Re:Really? by careysub · · Score: 1

      Please explain to us exactly how electricity from the sun replaces any oil right now.

      As opposed to over the next 20-30 years?

      The "right now" (today? next week? by the end of the year?) is a ridiculous straw man. It takes many years to phase out substantial amounts of petroleum, just as it took a century or so to ratchet our usage up to current levels.

      Reduction in the use of oil will come about primarily by more efficient vehicles, and the increasing use of electricity to power vehicles. Plug-in hybrids and all-electric cars are hitting the market right now, and will become a major part of the vehicle fleet over the next 25 years. And these cars can consume solar (and wind and nuclear) electricity instead of burning oil.

      But you have to start before you can get anywhere.

      No improvement today? Well then, best to just quit immediately and curse the (eventual) darkness.

      --
      Starships were meant to fly, Hands up and touch the sky - Nicky Minaj
    3. Re:Really? by WindBourne · · Score: 1

      heheheh.
      Yeah, it is amazing how much ppl miss that point. Down the road, I hope that it will replace oil, BUT, the trick is develop ultra-caps (screw the batteries; expensive and a mistake). Once ultra-caps become cheaper then batteries on a $/kw, then oil cars as well as batteries are gone.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    4. Re:Really? by khallow · · Score: 1

      I'm not sure I agree (there's something still going for the current oil infrastructure and for batteries, they might stick around, if only in niches like construction or farming vehicles), but ultracaps definitely beat batteries and come close enough to gasoline in energy density to work for an society that wants to wean off the gasoline-powered automobile.

  30. Bush's fault by AnonymousClown · · Score: 1

    When, exactly, did Presidents get signing authority on the national checkbook?

    That was Bush's fault. All that Executive power that his administration grabbed is now in the hands of the other party. And yet, when folks complained about it when it was happening, they were "unAmerican" or "supported the terrorists"

    What comes around goes around.

    --
    RIP America

    July 4, 1776 - September 11, 2001

  31. But not you by Anonymous Coward · · Score: 0

    Money for the big corporations. Through the big financial system.

    Not for the people and small businesses who might actually immediately benefit from it. Not for all the small community jobs installing, fixing, maintaining. Not for all the panel-makers, that could apppear given a lot of new and dispersed demand. Plus the logistics nets and matrixes that would be reinforced.

    Who would want that? That might actually reinforce employment and diminish the general crisis.

    Just another money-debt pipeline for the debt-serfs to be shackled and crushed by for the next few decades. Let's hope the money isn't reborrowed from the banking or reserve system - then the people will end up paying interest on money taken from them in the first place.

    The more "financial hops" their are, the greater the accrued interest - but only the last one is counted. And solar "incentive" is used to pad big banks and companies' bonusses, and the gaping craters in their accounting, and finance a "vamipiric" system of lobbyists and "campaign" financing.

    No. I'm not being cynical. Or incred... well, ok, maybe I'm not that credulous any longer. Evidence is howling against it. And active prudence would seem more than advisable.

  32. Re:Is that a lot? I'm not sure. by je+ne+sais+quoi · · Score: 5, Insightful

    What is the total cost of install and operation for 50 years for the solar project? What is it for a nuclear plant? A coal fired plant?

    Estimates vary widely, depending on who you ask and who is paying those people to give that answer. With nuclear it depends on if you count that you have to monitor the waste for 1 million years or if you just dump it in a hole and forget about it. Most people assume you can forget about it, or reprocess it later to recoup some of your costs.Here's one estimate:

    Cost in cents per khw

    Coal/Nuclear/Gas:
    * Gas peaking: 22.1 - 33.4
    * IGCC: 10.4 - 13.4
    * Nuclear: 9.8 - 12.6
    * Advanced supercritical coal: 7.4 - 13.5 (high end includes 90% carbon capture and storage)
    * Gas combined cycle: 7.3 - 10.0
    Alternatives:
    * Solar PV (crystalline): 10.9 - 15.4
    * Fuel cell: 11.5 - 12.5
    * Solar PV (thin film): 9.6 - 12.4
    * Solar thermal: 9.0 - 14.5 (low end is solar tower; high end is solar trough)
    * Biomass direct: 5.0 - 9.4
    * Landfill gas: 5.0 - 8.1
    * Wind: 4.4 - 9.1
    * Geothermal: 4.2 - 6.9
    * Biomass cofiring: 0.3 - 3.7

    The cheap price for coal and gas may or may not count the cost of dealing with they myriad environmental and health problems associated with them, such as acid rain, mercury contamination, coal miner occupational hazards (~120,000 coal miners have died on the job since 1850), global warming and associated climate change, water quality degradation due to mountaintop removal, wars in foreign countries to protect oil interests (Iraq, Niger delta), etc. etc. etc. Contrast that to solar power where the only point that real environmental degradation is being done is during the synthesis of the cells (and recycling at EOL) rather than over the entire lifespan as in coal.

    The answer here seems to be that solar is more expensive up front, but should benefit society because of the lower environmental and health concerns associated with it. Note that this makes fiscal sense for the federal government to make these loans because more often than not, it is the taxpayer who pays for the clean up of environmental damage or health risks, not the power company.

    --
    Gentlemen! You can't fight in here, this is the war room!
  33. Huh? by copponex · · Score: 2, Insightful

    Nevermind that Spain's experiment with subsidizing solar power is one of the causes of their looming fiscal insolvency. Let's follow them down the path to ruin. Yay!

    Spain has a debt to GDP ratio of 50% as of 2009 - that's about what ours was. They just suffered a massive real estate bubble and suffered badly from the oil shock of 2008 since they have no fossil fuel resources. Do you really think even twenty billion euros is a drop in the bucket to the increased cost to their economy if oil prices skyrocket again?

    You're penny wise and pound foolish. If your livelihood depends on a resource that can easily bankrupt you, then you should probably borrow every dime you can to get off of it. At lease they have the sense to invest in something that will actually reduce their dependency on the oil addiction instead of prolonging it with two intractable wars.

    This conservative rhetoric has reached the point where investment in America is considered unpatriotic. Employment for Americans is somehow irresponsible. I guess when everyone is living in a trailer on a diet of beans and processed corn you'll be happy?

    That should make for an excellent pitch for investors. Come build a business in America! We're all illiterate and we have no infrastructure!

  34. MOD PARENT UP by WindBourne · · Score: 1

    The fact is, that we are in this situation because we became dependent on fossil fuel (oil, natural gas, coal). We need to have a diverse matrix of various energy. We DO need more nukes, but I would like to see it be limited to no more than 1/3 of your total energy. And once we are larger and more diverse, then I would like to see it limited further back to 25, or even the current 20%. THough to be fair, nukes are 20% of ELECTRICITY, not energy.

    --
    I prefer the "u" in honour as it seems to be missing these days.
  35. Solar power (of any type) is a red herring by thesandbender · · Score: 1, Insightful

    Solar power is promising in that it's abundant... however it's not efficient and it's not "clean".
    The biggest problem is consistent production. You get less power when it's cloudy and none at night.
    You can fix this by:
    1. Building huge batteries which use all sorts of expensive (if you want efficiency) and toxic chemicals.
    2. Putting in super conducting lines so power can be shared across regions (but this is expensive and can't scale to address the loss of power at night)
    Right now the cleanest forms of consistent power are geothermal and (despite the stigma) nuclear. That's where we need to be investing our money.

    1. Re:Solar power (of any type) is a red herring by thechemic · · Score: 1

      You make a great point with this post. Intelligent leaders don't put all thier eggs in one basket. It's a good thing that Obama will make; Geothermal, Nuclear, Solar, Wind will all be part of Americas "Power Portfolio" http://google.com/#hl=en&q=obama+nuclear+power http://google.com/#hl=en&q=obama+wind+power http://google.com/#hl=en&q=obama+geothermal+power http://google.com/#hl=en&q=obama+solar+power

      --
      Let's make like a bird... and get the flock outta here.
    2. Re:Solar power (of any type) is a red herring by An+Onerous+Coward · · Score: 1

      You're absolutely wrong about the batteries. For large-scale energy storage, there are much, much cheaper ways to go about it. One estimate I saw showed that storing energy as heat (as they do at concentrated solar plants) is about 20x cheaper than storing the same amount of energy in batteries.

      Batteries are better for long-term, portable energy storage. But for a few hours or days, no toxic chemicals are required.

      You also have the option of taking a concentrating solar plant and adding heat from natural gas on cloudy days. It's important to have a backup, since my understanding is that cloudy days wreak havoc with concentrators (far more so than photovoltaics).

      --

      You want the truthiness? You can't handle the truthiness!

  36. public takes the risk, privitize the profit? by nido · · Score: 1

    The 1.45 billion is not part of the budget, it is not being paid by tax payers at this point, it is a loan from a bank (not the feds) that the feds are insuring.

    And who gets to keep the interest on the loan? If the feds are guaranteeing the loan, shouldn't they get the interest too?

    It's like the recent changes to student loans. For the last few decades, banks issued any student a loan. If they didn't pay up, they went and got their hunk of flesh from Uncle Sam. When the student did pay up, the banks kept 100% of the profit. This was recently changed so that the government is officially in the banking business (for students).

    If "we the people" had a publicly-owned bank for energy development, $2 billion would generate $20 billion in new loans for clean energy projects. See SUSTAINABLE ENERGY DEVELOPMENT: HOW COSTS CAN BE CUT IN HALF and OUT OF THE ASHES OF GM: THE PHOENIX OF RENEWABLE ENERGY, for example.

    --
    Learn the rules so you know how to break them properly.
    www.teslabox.com
  37. Was politics involved in the states getting this? by bjdevil66 · · Score: 1

    Arizona - Obvious choice for solar.

    Colorado - Ok.. I guess they get a lot of sun too.

    Indiana - Huh?

    Why not New Mexico? SoCal? Nevada? Is it politics? Distribution/distance (Indiana's proximity to the east coast)?

  38. Re:Convenient, as Spain is scrapping green program by Rogerborg · · Score: 1

    Wait... Michele Malkin is against industries that are demonstrably efficient in use and require fewer State funded employees? Perhaps she didn't understand the study.

    --
    If you were blocking sigs, you wouldn't have to read this.
  39. The deuce you say! by Quiet_Desperation · · Score: 0, Flamebait

    What? Arizona? I thought they were 1000 * Nazi_Germany() and stopping all the Einstein clones from crossing the border to build steel mills? I'm so confused. What's our stance on Eurasia now?

  40. If Obama really wanted more people to go green... by Anonymous Coward · · Score: 0

    It's not easy.. being green.

    If the administration really wanted more people to go green, the first thing they should have done was to pay all the Florida residents that got screwed over when the state of FL reneged on rebates for people that invested in solar in 2009.

    Lawmakers refused to refund the state solar rebate program, leaving aprox. 10,000 people without promised rebates.

    Lawmakers objected to a $0.25 tax being added to power bills and ranted about keeping utilities cheep and "No More Taxes".

    They then turned around and approved utilities requested price hikes well beyond what the solar rebate funding would have added.

    If the administration is serious about green energy, they need to help little guy that's trying to go green at the home level too.

  41. most of the actual terrorists were saudi by Anonymous Coward · · Score: 1, Informative

    And the ideologies of Bin Laden are a reaction to the US military presence in Saudi Arabia, and elsewhere (like Afghanistan).

      So if you're trying to make a point that the war in Afghanistan is not intrinsically liked to oil, you aren't doing a good job.

    1. Re:most of the actual terrorists were saudi by Wyatt+Earp · · Score: 1

      The ideologies of bin Laden started before Desert Storm, as a teenager in the era of heightened Islamic fundamentalism, he radicalized early. The crackdown following the Grand Mosque Seizure and the subsequent embracing of Wahhabism by the government further pushed him down the path of radicalism like his half brother Mahrous bin Laden.

      The Saudi government's decision to stand up to Iraq and fight a conventional war with the aid of the west just pissed Osama off more.

  42. It's about time! by thechemic · · Score: 1

    I'm very excited about this.

    --
    Let's make like a bird... and get the flock outta here.
  43. Solar technology by SgtChaireBourne · · Score: 1

    Read the article, it is about solar technology. There's your tie to technology.

    --
    Beta is broken and the link to classic doesn't work. Stop wasting our time or there won't be anybody left here.
  44. Re:Loan vs. Grants. Either way bad by steve+buttgereit · · Score: 1

    Remember that whether its loans or grants that there are negative effects of this program.

    A Government itself is not concerned with wealth generation, as such it can only supply capital for any purpose in only a few different ways:

    1) It can redirect capital by taking it from those that are producers in society (taxes).
    2) It can borrow capital from those that have it to lend.
    3) In a fiat money system it can print it.

    All three methods of government capital acquisition have negative impacts on the broader economy. In case 1 you reduce the money that individuals and business can spend on their own needs, in case 2 you do the same thing with the exception of delay the consequences of case 1 but at greater cost (an effective savings/investment penalty) and in case 3 you penalize spending and encourage consumption... which in turns leaves less money over time for investment into productive purposes.

    You might object that the money is being paid back since these are government loans. But because that money was obtained in one of the ways listed above, there is real short term damage as described. So all that's happened is that the Government has substituted its investment priorities (which are not predicated on market needs) for those of the market and displacing market needs/wants in the process.

    Since the expansion of productive capacity isn't even the goal, this (and other programs like it) will likely lead to a net loss of employment and personal wealth over what would have been without it.

  45. Re:Loan vs. Grants. Either way bad by steve+buttgereit · · Score: 1

    Oops...

    "and in case 3 you penalize spending and encourage consumption"

    should read:

    and in case 3 you penalize savings and encourage consumption

  46. Re:Is that a lot? I'm not sure. by WCguru42 · · Score: 3, Informative

    What is the time frame of use on these estimates (20 years, 50 years)? I've never seen a PV estimate as low as that (or any of the other technologies for that matter).

    --
    "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
  47. Solar Power as part of your 30 year mortgage by Jaxim · · Score: 2, Interesting

    Why not let homeowners to add the cost of buying and installing solar panels into their mortgages? The cost over 30 or so years would seem as shocking as it is now where you have to pay for the costs all up front.

    1. Re:Solar Power as part of your 30 year mortgage by Jaxim · · Score: 1

      edit: The cost over 30 or so years would NOT seem as shocking

    2. Re:Solar Power as part of your 30 year mortgage by ducomputergeek · · Score: 1

      Because Solar won't work so well if you live in say Seattle. Where we are, we get about 250 days of sunshine a year. So we put up solar on our office a couple years ago. There were a couple tax breaks that year at the state level as well, but total cost of the project was $65k. Estimated pay back was roughly 8 years and the panels are guaranteed for 25 years.

      It did knock our monthly utility bill down from $2100 per month to about $700.

      --
      "The problem with socialism is eventually you run out of other people's money" - Thatcher.
    3. Re:Solar Power as part of your 30 year mortgage by Jaxim · · Score: 1

      Well for the places where solar is good to great, people would take advantage of the benefit. Plus it would help subsidize solar power to help it get cheaper and it wouldn't cost the tax player a single dime.

  48. Re:$0 per home? by WCguru42 · · Score: 1

    Unless they default on the loan it only costs imaginary money.

    I think you mean Reactive money.

    --
    "Educate the mind but never at the expense of the soul."~Blessed Basil Moreau
  49. Re:Is that a lot? I'm not sure. by skids · · Score: 1

    Hah! Good one. Wish I was moderating.

  50. fusion by zogger · · Score: 5, Insightful

    Solar PV and thermal *is* fusion power. It works today, and can only get better with more adoption and economies of scale. The original solar PV panels cost over ten grand apiece and weren't near as efficient as we have today! Now it is a few hundred, and they are better.

      Solar PV is good for joe homeowner, solar thermal is good for making larger commercial generating plants. We have millions and millions of rooftops sitting baking in the hot sun that could be covered with panels, and millions of acres of desert that could have mirrors and towers.

    You want fusion, let the engineers start building it,(I suggest 100% tax credits for actual deployment as opposed to a carbon tax to jumpstart cleaner power adoption better) the scientists can keep playing around with laser magnetic plasma bubbles at their leisure. If you want the power though, today, all we lack is building the stuff and getting it out there.

    And no threats of war over who gets access to solar power, as opposed to oil or fission or man made fusion power. No embargoes, no acrimonious debate, no inspectors needed, nothing. It's the most peaceful energy source we have that actually works now, and it scales from running one small house to a whole city. This is stuff we have *now* that could be used a lot more.

    Not sure if you can slap a dollar sign amount on what "peaceful" is worth, but you sure can see the external costs and threats with other sources of energy like oil and fission and coal and so on, along with the not barely hidden environmental costs. Fission power is the largest threat we have to global war today, because nations threaten each other with the weapons. If you can make fission power, it is a short step away from fission weapons, as such, too dang dangerous if you ask me. I don't care if a fission reactor can make a lot of "hot", because it is in the headlines daily that we could go to a larger war over who has access or "permission" to develop the tech.

    This doesn't exist at all with solar fusion power. There should be a global trillion dollar massive push for solar, just to help eliminate the threats of war over fission power level tech. This is no joke, we are *this close* to a much larger major middle eastern war over fission tech, and that in turn WILL impact oil prices once it starts, and it looks worse and worse daily.

    If we had gone heavily solar thirty years ago, on a massive scale, just done it, we could have nipped this in the bud, and helped avoid it.

    All our forms of energy have costs, money, waste, etc, but eliminating wars and threats of wars, *those* costs in terms of money and human misery, should never be overlooked in the larger and more long range picture.

    1. Re:fusion by HereIAmJH · · Score: 1

      Solar PV is good for joe homeowner, solar thermal is good for making larger commercial generating plants. We have millions and millions of rooftops sitting baking in the hot sun that could be covered with panels, and millions of acres of desert that could have mirrors and towers.

      Solar thermal has more untapped benefits for Joe Homeowner than solar PV. Heating and cooling is the largest component of home energy use. And there are time proven technologies available that could be mated to solar thermal collectors today. It seems counter intuitive, but absorption cooling uses a heat source for cooling.

      --
      Another day, another update to a Google android app.
    2. Re:fusion by bingoUV · · Score: 1

      no threats of war over who gets access to solar power

      I live in England, you insensitive clod!

      --
      Bingo Dictionary - Pragmatist, n. A myopic idealist.
  51. Re:Is that a lot? I'm not sure. by Tablizer · · Score: 1

    [What is the total cost of install and operation...] With nuclear it depends on if you count that you have to monitor the waste for 1 million years or if you just dump it in a hole and forget about it. Most people assume you can forget about it...

    Don't forget the benefit of producing mutant super-heroes.

  52. Re:Loan vs. Grants. Either way bad by gad_zuki! · · Score: 1

    >will likely lead to a net loss of employment and personal wealth over what would have been without it.

    Bullshit. This is being done because investors are wary about investing in that industry as its seen as being too risky. I'm so sick of these anti-government screeds and so glad people like you are marginalized internet weirdos no one takes seriously. If people like you were in charge we'd be living in an Ayn Rand dystopia and certainly wouldn't be posting on the government created internet.

  53. Unemployment. by bigtrike · · Score: 1

    You would be correct if everyone willing to work in these fields was presently employed. A number of those jobs will likely be taken by the skilled people who are currently employed as they will be willing to work for lower salaries and more willing to move to this location. Without this project, a small portion of these funds would also have to be spent to pay these people to do nothing.

    1. Re:Unemployment. by Krahar · · Score: 1

      I'm not sure I understand. Won't the funds to support the people who would be unemployed without this project equal the funds to support the people who are unemployed because of the project? I.e. the people who would be employed by those funds otherwise, but now they are unemployed.

  54. Re:Can somebody say boom by freshfromthevat · · Score: 1

    Agree totally!
    You're right, that's even better with an even brighter future if fusion ever (and it will!) pays off.

    When fusion goes off it will be very bright, and rather brief.

    oh. pays off? NM

    --
    .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
  55. Luddite by freshfromthevat · · Score: 1

    I am really starting to think that a large percentage of my fellow humans are just insane. Do you guys really think that we will be burning toxic shit to get out power in the future? Is that the best we can do? For a bunch of technophiles, this is an awfully Luddite-like position.

    The key is to get manufacturing to be completely off-planet. This nonsense of needing to get the energy down to the planetary surface to use it is nuts. Further, the waste products from manufacturing should not be left on the surface either. Turn the entire surface into a park and place to spend your weekends, and raise the kids and such.

    Just thinkin.

    --
    .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
    1. Re:Luddite by Mr+Bubble · · Score: 1

      Sounds fun. Can't wait for the space elevator. If only we had spent that 2 trillion or so that we spent on tax cuts and wars on research.

      --
      "The world is a construct of forceful imagination. Those who don't know walk around in the reailties of those who do"
    2. Re:Luddite by freshfromthevat · · Score: 0, Flamebait

      If only we had spent that 2 trillion or so that we spent on tax cuts and wars on research.

      You can't spend money on a tax cut. The sentence doesn't make sense. How about spending the money DESPITE the Tax cut? That's just typical leftist idiocy.

      I completely agree about not spending money on wars. However I think Fed spending taxpayer money on research is just as dumb as the rest of the pork crap the Fed has been doing all of my life.

      --
      .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
    3. Re:Luddite by Mr+Bubble · · Score: 1

      Well, if we are reduced to calling each other idiots, let me point out that a budget is composed of resources - those that you take in and those that you outlay. If your outlays exceed your income, that is deficit spending. You either need to raise taxes or reduce spending. We gave back taxes we had already collected or were already set, by law, to collect. Bush spent those funds assuaging his base and his ideology and so we existed in a fantasy world where you can spend all you want on the military, allow health care costs to skyrocket, not fix social security, not veto any spending from your fellow Republican and Democrat whores and still have a balanced budget. Meanwhile, the expense of the interest on the national debt is becoming bigger and bigger. We did spend that money - we spent it on Second homes in the Hamptons, Ivy league tuition, yachts, etc. It did not result in more job creation - in fact, the economy cratered. There's a sucker born every minute - or should I say, an idiot.

      --
      "The world is a construct of forceful imagination. Those who don't know walk around in the reailties of those who do"
    4. Re:Luddite by freshfromthevat · · Score: 0, Troll

      You either need to raise taxes or reduce spending

      I completely agree with this! Reducing spending seems like a great way for the fed gvt to go!

      --
      .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
    5. Re:Luddite by freshfromthevat · · Score: 0, Troll

      in fact, the economy cratered. There's a sucker born every minute - or should I say, an idiot.

      I'm pretty sure the House of Representatives, FHLMC and FNMA are the biggest culprits here.

      I didn't call you an idiot. I called the idea of spending money despite having cut taxes idiocy. I think I'm actually agreeing with you there.

      My grief is with the Fed Gvt for trying to do social engineering with tax money. FHLMC and FNMA were involved in criminal activity with huge amounts of money, at the behest of many elected federal politicians. This is where our attention should go. But this is not even surprising. Big governments always do this. The solution is to bring all of the expensive projects to a more local forum. The whole idea of having 50 states, each having their own rules and projects, is a great thing. The citizenry could move to the state which best met their own notions of goodness and we'd all be able to see what solutions were great and which were mistakes.

      As it is, we really don't have a choice. The whole thing is a disaster. I have many issues with Bush's presidency, especially his interest in spending taxpayer money on projects which are of clearly debatable merit, i.e. nationbuilding, pharmaceutical programs, etc...
      Blech.

      I have even more issues with the current crop of representatives. And they've mostly been in office since Jan 2008.

      --
      .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
    6. Re:Luddite by uninformedLuddite · · Score: 0, Offtopic

      Still thinking about it? or have you come to a decision?

      --
      The new right fascists are bilingual. They speak English and Bullshit.
  56. Every part of those panels must be made in th US by Jackie_Chan_Fan · · Score: 1

    Just saying... they better be.

  57. about FUCKING time. by crhylove · · Score: 1

    Just think if we would have started our solar initiative while Carter was still in office. Thanks a lot corporate media for selling us Reagan/Bush all those years. You really helped us all out. Asshats!

    --
    I hold very few opinions. I hold information based on observation and fact. If you wish to disagree, please use facts.
    1. Re:about FUCKING time. by tie_guy_matt · · Score: 1

      Maybe Obama should just put the solar panels Carter put on the white house back on. Do you think they are sitting in storage somewhere or did Reagan just give them to his oil company masters so they could skeet shoot them?

  58. Terrestrial solar? by lumenistan · · Score: 2, Interesting

    I don't get why we aren't doing more with space-based solar. I'm no physicist, but it seems like you should be able to launch 4 or 6 fairly-equidistant satellites with solar collectors into orbit somewhere around the equator, and you have fully fault-tolerant/redundant 24 hour a day power that you can beam down to regional distribution points via microwave, which then uses the existing power grids to get it where it is needed. This provides a big enough chunk of the required energy for the planet, and OPEC countries become just competing providers, not a defacto energy monopoly bloc that they are.

    Then we can move on to having wars over something else, like clean water, the next limited, mismanaged resource.

    If you thought that solving the oil problem would stop wars, think again. We're human - we're really good at killing other humans. It's our thing, yo. In light of that, my dream is that one day, our wars, instead of being about tragic-yet-understandable resource management and distribution, are about utterly ridiculous things. I hope my kids or grandkids are around when Fox News is trying to pin the great Boxers vs Briefs vs Commando war (World War 6) on the Clinton Administration. Or maybe Al Jazeera reports that the Big Endians are regrouping after a deadly surprise attack by the Little Endians in the Where-to-break-open-your-eggs war that is now going into its third year in Southeast Asia.

    Maybe, just maybe, in the year 3019, future generations will have a war over whether we should execute Dick Cheney with a firing squad or by hanging. Yes, he'll still be around then, causing mischief. If you don't like it, then YOU get off your ass and find the rest of the horcruxes.

    But I digress - space-based solar beats the pants off terrestrial solar, what with no silly clouds and atmosphere to get in the way, not having to worry about a lack of sunny days, and a host of other reasons I can't think of right now.

    Can some smart person of science who actually knows what they are talking about comment on whether this is a crazy argument?

    1. Re:Terrestrial solar? by DaMattster · · Score: 1

      Space would be an excellent power source but the difficulty lies in harnessing and transmitting it back to earth. I've seen wilder theories of transmitting power wirelessly and I just don't think this is safe. I think we should be looking at fusion reaction as a long term source.

    2. Re:Terrestrial solar? by Krahar · · Score: 1

      Plus, you get a giant sniper laser beam ready to vaporize anyone you don't like. You even get to blame God for the killings out of the sky.

    3. Re:Terrestrial solar? by Ksevio · · Score: 2, Insightful

      Sounds like you've been playing a lot of sim city. It's true the microwave power plants tend to miss sometimes and set fires, but fusion won't be around until the 2050s

    4. Re:Terrestrial solar? by nu1x · · Score: 1

      Why the 2050s ? It is as arbitrary as any date range.

      It might appear tomorrow via some fluke breakthrough, and it may be (surprise) only realistically feasible in (space based, gravity based) stars, thus, we'd need to make a star of our own.

      And we already have one, for free to boot :P

      --
      I have nothing to lose but my bindings.
    5. Re:Terrestrial solar? by Shotgun · · Score: 1

      Or maybe Al Jazeera reports that the Big Endians are regrouping after a deadly surprise attack by the Little Endians in the Where-to-break-open-your-eggs war that is now going into its third year in Southeast Asia.

      I AM a Native American with an allergy for egg yolks you insensitive clod!!

      --
      Aah, change is good. -- Rafiki
      Yeah, but it ain't easy. -- Simba
  59. Quite Affordable by neoshroom · · Score: 1

    [Coal] Power plant cost to top $1 billion Alliant seeks OK for power plant The cost to build a new coal-fired power plant in Cassville or Portage has soared because of higher construction prices, Alliant Energy Corp. said Friday. The 300-megawatt power plant, which would generate enough power to supply 150,000 homes, is now projected to cost $1.1 billion if it is built in southwestern Wisconsin and $1.2 billion if it is built in Portage, the utility said.

    1.45 billion for a renewable, pollution-free energy source or $1.2 billion for billowing black clouds. It's really a no-brainer. A coal power plant costs nearly the same amount. Also, keep in mind the more we build solar power plants, like with anything, the cheaper and more efficient they will get.

    Can we really afford not to build them?

    --
    Big apple, new Yorik, undig it, something's unrotting in Edenmark.
  60. Re:Was politics involved in the states getting thi by jbengt · · Score: 2, Informative

    Arizona - Solar thermal generating plant.

    Colorado - Solar panel manufacturing plant.

    Indiana - Solar panel manufacturing plant.

  61. Re:Is that a lot? I'm not sure. by mr+exploiter · · Score: 1

    I'm calling BS on this. Fuell cell is not an energy source and all other numbers seem that are off and hand-made to make alternatives look better.

  62. No by zogger · · Score: 3, Informative

    Thirty year lifespan and it won't pay back cost of production? Where did you get that? Why do people keep repeating this? This has been debunked here on slashdot numerous times now in these discussions.

    Here ya go, you offered no citation for your 30 year claim, but I have a counter with citation. Various types of PV panels and energy to build them payback period, goes from one for thin film bleeding edge to four years for more expensive crystalline types, after that, all the power they make is free. OK, double that for some place with crappy sun, 8 years, that leaves 22 years of free or real dang cheap power.

    http://www.nrel.gov/docs/fy04osti/35489.pdf

    The big energy companies really don't like solar all that much, because eventually your home power plant is paid off and no need to send them a check every month. They'll fool around with it, good for PR purposes, but they really don't push it that hard either.

    As to government subsidies and whatnot, meh, I can't think of a single form of energy production that hasn't been subsidized one way or the other from government. Heck, centralized power absolutely depends on government subsidy in perpetuity, eminent domain seizure and use with no check cutting to the property owners for power poles and natgas lines. If they had to negotiate transit fees property owner by property owner, coal and nuke power and natgas would be as expensive a way to make power as you can think of. And there wouldn't be nuke one if the government didn't back them up as the insurer of last resort, not a private insurer out there would cover all the liability risks and costs. Now look at making sure foreign oil keeps flowing with our military presence for decades...

    Any subsidies or tax breaks for solar are the proverbial drop in the bucket, compared to what the other energy sources have benefited and profited from over the generations now.

    1. Re:No by mikerz · · Score: 1

      Alternative energy like solar is definitely an up and coming trend and I was wrong about the solar panels not being worth it at this moment. Hell, if I had a house I would probably buy them at this point.

      I was focused specifically on the tens of millions of public dollars Google used in building theirs (and those dollars will be lost). I don't appreciate using public funds to encourage the building of things for private use.

      Considering the eminent domain issues, I'm not so sure it would be bad; besides, alternative energy would be more advanced and widespread if oil/coal were more expensive (so long as it is more expensive due to actual production costs).

  63. help the planet by helix2301 · · Score: 0

    Well I am glad to see us spending the money in America and I am glad we are trying to save the planet.

  64. FFS, JUST DO IT ALREADY!!! by Anonymous Coward · · Score: 0

    Remember when most people thought throwing billions of dollars at NASA so that we could be first to the moon was "worth it"?

    Space exploration hasn't got a lot cheaper (if any), but most of the other things we poured big money into initially are now cheap as water.

    Computer and communications technology cost the early-adopters a fortune, but IT WAS WORTH EVERY PENNY.

    Renewable energy systems, such as photovoltaics, may have a high startup cost initially, but like almost all things the so-called economy of scale as well as further progress in production methods will surely drive the costs down so far that people will wonder why it took us so fucking long to begin using the stuff.

    Fuck the economic Ayn Randists and their fixation with shaving off every cent from every thing and keeping it for themselves.

    LET'S JUST DO THIS: IT'S ALREADY PAST TIME!

    1. Re:FFS, JUST DO IT ALREADY!!! by freshfromthevat · · Score: 1

      Fuck the economic Ayn Randists and their fixation with shaving off every cent from every thing and keeping it for themselves.

      LET'S JUST DO THIS: IT'S ALREADY PAST TIME!

      That would be lovely except that every time the fed spends a dollar, that's a huge amount of money that the private sector can't spend. The Fed has a horrible record of picking the right projects to back and is hugely inefficient at doing projects.

      Consider convincing a more local government to back for infrastructure projects. Local governments are much much better at making good use of taxpayer money. This is self evident for many reasons. Get the Fed off our back so our states and counties can do the work that we think is important.

      --
      .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
    2. Re:FFS, JUST DO IT ALREADY!!! by Anonymous Coward · · Score: 0

      Oh bleat bleat bleat.

      You should go form a committee then nominate this topic for discussion, then propose that it be discussed at the next AGM, and if you can get a quorum it should be entered into the minutes that all members be given unlimited time in which to wring their hands in angst and weep about what a waste of money everything is.

      I remember when America used to be a great nation, and not a piss-ant little cesspit full of quivering faggots too shit scared to do ANYTHING.

  65. Re:Loan vs. Grants. Either way bad by WindBourne · · Score: 1

    As a libertarian (more l, than L these days), I mostly support what you say. The ISSUE is that the gov MUST DO WHAT IS IN THE NATION'S BEST INTEREST. And economics does not take into account national security or its interests. With that said, I prefer that the gov. does minimal amounts of choosing and minimal amounts of investments to change our directions. HOWEVER, the truth is, that much of our infrastructure was actually built via gov. interference and investments. The old phone system that was developed from 30's-50's counted on a great deal of gov. investment. Likewise, our roads, which were also once the envy of the world counted on large gov. investment. Our aircraft system depended on large gov. investment. Our one time large amounts of railroads depended on gov. investments. Finally, our nukes and coal plants were all via gov. investment. Our dams and water control were also the envy of the world. Basically, America was made great during the mid-late 1800's, and again from 1932-1970.

    OTH, our crumbling infrastructure is what occurs when businesses are given monopolies and have no real requirement to invest, starting since 1980.

    The problem is that if you are going to de-regulate, that is good. BUT, you have to remove the monopolies, and at times, the gov. STILL have to help push business to do what is national interests.

    --
    I prefer the "u" in honour as it seems to be missing these days.
  66. Total Lifecycle Analysis by MDillenbeck · · Score: 1

    Non-economical is critical, but it is unfair to compare solar to existing forms of power.

    Nuclear was mentioned. To determine its economic viability, we need to factor in the cost of government subsidies for guaranteed waste disposal/storage as well as the military costs to prevent other nations from achieving this ideal energy solution (yes, that was meant to be sarcastic).

    For our main power source, coal, we should factor in the cost of retrofitting ALL plant to "clean coal" standards and/or the cost of building new ones. We need to consider the cost of feedstock extraction and the transportation of feedstock. We need to consider the social cost of where we site these plants - which, unfortunately, often wind up in poorer neighborhoods and harming the health of their youth. Then there are other often overlooked costs, like water resources.

    So we need to decide if we wish do a full life cycle analysis of cost, or we wish to bias our judgments by not including all costs in some to make them sound more favorable.

    One side note when considering economic viability. Which do you think is better for the health of a community and nation - distributed local power generation interlinked across the nation, or a few key locations and a centralized top-down authority removed from the community administrating it.

    1. Re:Total Lifecycle Analysis by budgenator · · Score: 1

      One side note when considering economic viability. Which do you think is better for the health of a community and nation - distributed local power generation interlinked across the nation, or a few key locations and a centralized top-down authority removed from the community administrating it.

      One thing not being addressed is infrastructure cost, for example a friend of mine is a power-station operator at a local paper plant, they consume waste ligin to produce power so fuel costs are actually negative because they don't have to pay for waste disposal, yet they are barely able to make a profit at the power-station because the lease costs on the equipment to tie into the commercial power-grid for backup is almost identical as purchasing the power commercially! Our distribution system is in serious need of upgrading adding more smart-grid technology and HVDC capacity is critical, we have to be able to move power from areas with excess to areas in shortage or no matter what we do generation wise it'll just be for local usage. Germany is already saturated with renewable power, some areas actually are charged a negative fee for power usage, while others are surcharged at the same time due to deficiencies in power distribution systems. England has just experiments with a shut-down of wind-turbines to see how it would work. There is no reason to make it if nobody can use it.

      --
      Apocalypse Cancelled, Sorry, No Ticket Refunds
  67. How it helps oil by MDillenbeck · · Score: 1
    1. No mining operations to provide feedstock (which require petroleum).
    2. No transportation of feedstock (which require petroleum).
    3. Use of electric cars.

    Oops... I opened up a can of worms. Just so people understand, I get that battery manufacturers pollute quite a lot too. I also understand their ranges are limited. However, there are companies out there (globally) working on projects like quick-change battery stations (I believe Israel is going to pilot their installation).

    This is what I call a "2 standard deviation" solution. There are situations where alternative solutions would be needed for long-distance transport. I think returning to a rail system for cargo would be a good idea, and that could be based off of electricity vs fossil fuels. However, when the majority of manufacturers are making electric vehicles, I think we will see some good technological advancements and economies of scale kick in.

    1. Re:How it helps oil by MJMullinII · · Score: 1

      1. No mining operations to provide feedstock (which require petroleum).
      2. No transportation of feedstock (which require petroleum).
      3. Use of electric cars.

      Oops... I opened up a can of worms. Just so people understand, I get that battery manufacturers pollute quite a lot too. I also understand their ranges are limited. However, there are companies out there (globally) working on projects like quick-change battery stations (I believe Israel is going to pilot their installation).

      This is what I call a "2 standard deviation" solution. There are situations where alternative solutions would be needed for long-distance transport. I think returning to a rail system for cargo would be a good idea, and that could be based off of electricity vs fossil fuels. However, when the majority of manufacturers are making electric vehicles, I think we will see some good technological advancements and economies of scale kick in.

      Or we could just cut to the chase and use the basically (compared to Fossil Fuels, anyway) free and clean electricity to manufacture synthetic Hydrocarbons (Jet Fuel, Diesel, Gasoline, plastics, etc.).

      Sticking solely to vehicles, using electricity to directly power electric vehicle is a lot more efficient than using electricity to produce synthetic hydrocarbons, but if the electricity will never run out, then it's simply a matter of which is more economical.

      And at this point in time, it is far more doable to create synthetic hydrocarbons to replace our dependence on petroleum than it is to figure out alternatives for every single product manufactured from hydrocarbons.

      --
      "Don't be a martyr -- BE THE ONE WHO GOT AWAY!"
    2. Re:How it helps oil by interkin3tic · · Score: 1

      And at this point in time, it is far more doable to create synthetic hydrocarbons to replace our dependence on petroleum than it is to figure out alternatives for every single product manufactured from hydrocarbons.

      Oil dependence is an incremental problem, we eliminate or greatly reduce our use of oil for transportation, and that's a big chunk of oil demand right there gone. If we still use it for plastic but not driving, that's really the major step forward.

  68. Re:Loan vs. Grants. Either way bad by steve+buttgereit · · Score: 1

    So rather than address the arguments I've raised you'd rather just spout dogma as the mainstream position?

    Just how is it good that people raising, in calm voices might I add, serious objections to a point and then taking the time to explain those objections merits marginalization? Do you simply have no convincing answer?

    Before I go on, I will address the only point of relevance that you made. Regarding the investments being discussed... are you conceding then than they are risky and will likely need on-going subsidies to keep viable? Seems if there was a clear market need and demand for this stuff that these loans, grants, etc wouldn't be needed. Investors take a risk every time they invest.... and in fact are subsidizing this very program through the purchase in Government bonds (as it stands now). And if fact this type of lending being so much 'safer' than, say, green tech is one of the leading reasons why green tech companies can't get investment any other way. Yes, government demand for capital from the market is using capital that would have otherwise been put into other projects.

    The problem with the mob, of which you're evidently a part, is that so little of their position is laid out rationally. As for me, I prefer to look at the broader picture, including facts rather than biases and ideological bigotry, and draw my own conclusions.

  69. Re:Loan vs. Grants. Either way bad by steve+buttgereit · · Score: 1

    I am not a Libertarian, though I do hold many similar political philosophical beliefs and have studied their philosophy as well as some of the others. I would urge you to not call yourself a libertarian at all... based on your message you're not one (big L or little l). I'm not saying that as an indictment, merely as an observation. I'll explain why, at risk of over generalizing... there are many flavors of 'Libertarian Philosophy' and they don't all agree, and there are many more philosophies that draw similar political conclusions but have differing roots.

    The one thing that really all of the libertarian philosophies that I know tend to agree on is the right of the individual over collective rights. Under these philosophies, you are the only person with the right to determine how to live your life: whether that's to take drugs, to become a stock broker or to determine the disposition of the property. You have the right to Life, Liberty, and Property/Pursuit of Happiness (a la Locke/a la Jefferson). These rights are not grants from Government but irrevocable rights of natural law. The only limitations on your power of action is that you may not infringe on another's rights. With these rights do come responsibilities... you are solely responsible for making your living, for the consequences of your actions (i.e. take drugs and fry your brain: your problem). Etc.... there are no societal obligations to you.

    Now consider the basic premise of your comment. You state that the Government must do what is best for the Nation... and imply that it can do so at the expense of individual choice in the matter. In essence your argument is that there are no natural rights as understood by the libertarian philosophers, but rather what they would call rights are really revocable privileges granted by Government. If you own property (cash/land/whatever) then the Government may morally revoke that privilege when it deems fit for a given purpose when it decides that "it's in the nation's best interest". Your position is a complete repudiation of libertarian philosophical ideals; you emphasize supremacy of collective rights over individual rights. Practical outcomes have no bearing on the philosophical conclusions: you either believe that collective rights outweigh individual rights or the other way around.

    And by the way... the problem with collective rights is that they are always exercised by individuals on behalf of society... though these individuals have their own self-interests and motivations. I have never heard any tyrant saying what their actions are intended to harm their subjects... they all claim that what they do is in their nation's interest. You might claim democracy is a safeguard by allowing the majority to claim what is national self interest? Remember that lynchings back in the day had such a degree of popular support that fair juries could often times not be found to try the murderers... as such mobs, too, can have a funny sense of communal or national interest.

  70. jobs by freshfromthevat · · Score: 0, Flamebait

    We did spend that money - we spent it on Second homes in the Hamptons, Ivy league tuition, yachts, etc. It did not result in more job creation - in fact, the economy cratered.

    May I point out that homes and yachts are built by people who have jobs?

    --
    .. Blub falls right in the middle of the abstractness continuum. -- Paul Graham
  71. Alternative Energy? by kalel666 · · Score: 0

    Stolen from http://chizumatic.mee.nu/ghosts_of_my_past/:

      In order for "alternate energy" to become feasible, it has to satisfy all of the following criteria:

            1. It has to be huge (in terms of both energy and power)
            2. It has to be reliable (not intermittent or unschedulable)
            3. It has to be concentrated (not diffuse)
            4. It has to be possible to utilize it efficiently
            5. The capital investment and operating cost to utilize it has to be comparable to existing energy sources (per gigawatt, and per terajoule).

            If it fails to satisfy any of those, then it can't scale enough to make any difference. Solar power fails #3, and currently it also fails #5. (It also partially fails #2, but there are ways to work around that.)

            The only sources of energy available to us now that satisfy all five are petroleum, coal, hydro, and nuclear.

            My rule of thumb is that I'm not interested in any "alternate energy" until someone shows me how to scale it to produce at least 1% of our current energy usage. America right now uses about 3.6 terawatts average, so 1% of that is about 36 gigawatts average.

            Show me a plan to produce 36 gigawatts (average, not peak) using solar power, at a price no more than 30% greater than coal generation of comparable capacity, which can be implemented at that scale in 10-15 years. Then I'll pay attention.

            Since solar power installations can only produce power for about 10 hours per day on average, that means that peak power production would need to be in the range of about 85 gigawatts to reach that 1%.

            Without that, it's just religion, like all the people fascinated with wind and with biomass. And even if it did reach 1%, that still leaves the other 99% of our energy production to petroleum, coal, hydro, and nuclear.

    The problems facing "alternate energy" are fundamental, deep, and are show-stoppers. They are not things that will be surmounted by one lone incremental improvement in one small area, announced breathlessly by a startup which is trying to drum up funding.

    The way you can tell that a fan of "alternate energy" is a religious cultist is to ask them this question: If your preferred alternate source of energy is practical, why isn't it already in use?

    Why not? Because of The Conspiracy(TM). The big oil companies don't want it to happen, and have been suppressing all this live-saving green people's energy all this time for their own nefarious purposes.

    As soon as you hear any reference to The Conspiracy(TM), you know you're talking to someone who is living in a morality play. That isn't engineering any more, that's religion. And while religion is an important part of many people's lives, it has no place in engineering discussions.

    --
    I HAVE CUBIC WISDOM THAT TRANSCENDS AND CONTRADICTS ONE DAY GODS
  72. American soldier's time and lives by Anonymous Coward · · Score: 0

    are expensive. In China, a soldier's life is probably hundred times less expensive. I know that in Russia it is worth very little. Please consider this before making any comparisons.

    BTW, congratulations - you rediscovered old "Pravda"'s arguments about "hawks in the Pentagon", which were similarly derived from military budget comparisons of the USSR (with a standing army of 4 million conscripted solders) and the US.
       

  73. Subsidy? Wrong approach. by jscotta44 · · Score: 1

    Subsidizing solar power is the wrong approach. The right approach is to start buying up lots of solar panels for installations on the tops of government buildings. That will increase demand and make it more more profitable to get into the business (provided the main criteria isn't cheapest solar panel our tax dollars can buy). More profit will drive more companies to open up solar manufacturing and R&D. Sowe get a double benefit. We get more solar power production and we get the added benefit of getting more solar power onto the grid right from the startnot X number of years down the R&D road.

    1. Re:Subsidy? Wrong approach. by webweave · · Score: 1

      I guess Obama might want to tack a little clause on to anyone who takes the cash that the panels must be built in the USA.

    2. Re:Subsidy? Wrong approach. by jscotta44 · · Score: 1

      If the government is buying panels, that is easy to address. Just instruct the purchasing agents to give preference to those panels that have the most American involvement in the R&D, design, component manufacturing, and assembly.

      Here's the thing, if the money is going to subsidize R&D, then that really only pays for the high-end engineers. It does not stimulate demand and manufacturing. However, if they start actually buying huge quantities of panels and getting them installed, then the entire chain is stimulated from installation right up through to R&D. Again, with the companies that have the highest involvement of Americans gets more of the business.

    3. Re:Subsidy? Wrong approach. by An+Onerous+Coward · · Score: 1

      Nah. I think the bestest approach is to phase in a high cost per unit of CO2 pollution, then try to stay out of the market's way while it works its optimizing magic. We don't really have a clear picture of which mix of alternative energies, energy efficiency improvements, etc., will work best. We're very poor at picking winners at the outset.

      If we knew for sure that decentralized rooftop solar was the way to go, then yeah, your plan would be a great one for jumpstarting that market. But what if wind or geothermal deserve more of our efforts? What about energy efficiency?*

      It amazes me that the "free market" crowd ignores such a simple point: In order for a free market to work well, you have to stop one group of people from shoving the costs of their behavior onto others. That's exactly what happens when an oil or coal plant dumps CO2 into the atmosphere for free.

      It also amazes me that the free market is touted as being incredibly robust, reliable, fault tolerant, etc., in the face of every conceivable crisis *except* changes caused by government regulation. Cap and trade used to be the Republican solution, back before Republicans got comfortable with not proposing solutions.

      * There are lots of ways that "negawatts" can bet harvested for free or better. A high price on carbon would encourage more efforts there as well.

      --

      You want the truthiness? You can't handle the truthiness!

    4. Re:Subsidy? Wrong approach. by jscotta44 · · Score: 1

      We agree and disagree. We agree that we don't know which approach or mix of approaches will be best. Who knows, there might be a new energy source off our radar screens that end up being "the" energy source for the world. My point about buying the solar instead of subsidizing it is that it is a more practical and useful way to keep bureaucracy down and to directly impact alternative energy sources. If the money is used to purchase sources other than solar, then that is fine by me.

      However, decentralized rooftop solar has less of a negative impact on nature than does geothermal generators and wind driven generators. The solar panels do not have moving parts to kill birds, as an example.

      Energy efficiency is one of those things that a free market can readily address. If the government gives preference to panels that are more efficient, then company research labs will be running at a high pitch to increase their efficiency so that their companies can sell more panels.

      As to the government artificially increasing the costs of carbon production, that is where we really disagree. There are so many levels where that is just a bad idea. As you pointed out, prediction is not something that is a very strong skill set. That is also true of predicting unintended consequences. With the American economy (in fact the world economy) being so fragile, additional taxation on businesses will probably be a huge blow. Add in the additional government agencies and laws, the development of more criminal laws to cover those that don't comply, etc., etc., etc. It is just plain a bad idea. I used to work with a "green energy" company that had begun selling carbon neutralization credits to companies that wanted to demonstrate how green they were becoming. The research that we did (and was not publicly made known – bad for their business model) covered a lot of these issues. Because they are not making the money they hoped for with just offering and promoting this credits, they began dumping money into lobbying efforts to promote cap and trade, in spite of the problems that they know will result for the country. And that is just with the known knowns. We also had grave indications of the known unknowns and the unknown unknowns.

      SoI'll stand in complete opposition to cap and trade. More laws in this direction are not helpful although they may seem to be.

      Yes, the free market is very resilient, however I don't think you'll like the resulting free markets. Take the illegal drug market, for example. There is a very regulated industry, and there is a market that adjusted–by going black market.

      By the way, to me bringing the Republicans or Democrats into this discussion is the same thing. They both want more government control and power. They both swing to "moderate" positions when they think it will get votes, then promptly ignore campaign commitments and do exactly what they want. For both parties, power is the goal, not a strong effective America. Yes, there are exceptions to the rule, but that is just that–exceptions.

    5. Re:Subsidy? Wrong approach. by An+Onerous+Coward · · Score: 1

      You misunderstand what I mean by "energy efficiency." You're talking about the conversion efficiency of solar panels, which is pretty irrelevant, since even low-efficiency panels could power most homes using existing roof space. In fact, cheap, inefficient panels are probably better than expensive, efficient ones in most cases.

      When I talk about energy efficiency, I mean investing in design and technology that allows us to get far more use out of every watt we produce. Take cars, for example. The average car has about a 10% efficient internal combustion engine, and weighs ten times what its human occupant does. So about 1% of the fuel I burn while driving around actually performs the useful work of moving my carcass from point A to point B.

      In contrast, I also have an electric bike. It weighs about 40 lbs, and including the inefficiency of charging has an efficiency of maybe 70%. Do the math, and you find that over half the energy put into the system actually does useful work, making it more than 50x more efficient than my car.

      That's energy efficiency in a nutshell: making sure that more of the energy we use performs some valuable service. We're facing a national decision with a single home analogue: Say you're a homeowner who is deciding to install solar on your roof. You call in two separate installers for estimates. One says that he can get you a 30K system that will cover all your current energy usage. The other looks at your energy bills and your current infrastructure (light bulbs, appliances, etc.) and points out several things you can do to lower your energy bill: put LED bulbs in all your fixtures, replaced your old freezer with a more energy efficient model, exchange your watt-hogging computer with a laptop, replace your electric dryer with a natural gas one (or better yet, a clothesline), and installing a swamp cooler to take some burden off your AC. Doing all this would reduce your energy usage by 50%, at a cost of $7000. So you could get by with a $15K system that would serve your newer, lower energy needs.

      What should you do? The obvious answer (make the infrastructure investments, and buy the smaller system) is wrong. What you really ought to do is make the energy investments, tell both installers to take a hike, and loan the money to your neighbors so that they can make the same sorts of efficiency investments. I'm a big fan of alternatives, but I think they tend to overshadow the much cheaper carbon-cutting alternative: not having to generate the energy in the first place.

      There are so many investments we could be making right now that would actually have a positive return on investment, it's not even funny. One report I recall said that a $60B investment in building efficiency would remove a gigaton of CO2 from the atmosphere every year for decades. That would imply that, if cap and trade were passed, with a cap of a gigaton below current emission levels by 2020,* it shouldn't cost the economy more than $6B/year, which further implies a per ton carbon price of about $1/ton for the first decade. That minuscule number doesn't even factor in the money that the building owners will be saving on energy bills.

      In short, cap and trade might not cost *anything* for the first decade. So perhaps you can understand why I don't buy the whole "OMG REGGILAYSHUNS TACKSES MY SKY IZ FELLING!" meme.

      I'm still in opposition to your specific plan. I think there is a place for government to add some certainty to solar investments by buying in bulk. But with a regulatory approach, you can change the investment landscape at a relatively low price, diverting a large flow of private investment without the government needing to touch that money directly. If they take a buy-only approach, they'd have to buy a *lot* of panels to have an effect. So the choice doesn't seem to be between big and small government, but between high-taxes/low-regulation and low-taxes/high-regulation.

      The illegal drug market is an obvious candidate for a black market. I don't

      --

      You want the truthiness? You can't handle the truthiness!

    6. Re:Subsidy? Wrong approach. by jscotta44 · · Score: 1

      So much to cover, so little time!

      First, I'll combat you the whole way with more government bureaucracy. Too many issues to go into in a short text response. I'll side with with lessons of history and the Declaration of Independence that makes the individual –not the government– the center of control and makes that a good idea.

      Some centralization is important, but within very limited reason.

      What are the costs associated with the emissions? I didn't know there was such a thing?

      * The piddly cap-and-trade bills are far more aggressive than I can support.

    7. Re:Subsidy? Wrong approach. by An+Onerous+Coward · · Score: 1

      If you can say that there are no costs associated with CO2 emissions, then you're saying there is a 100% certainty that global warming is a hoax.

      If you can say that, you're either a liar or deep into denial. Either way, good day, sir.

      --

      You want the truthiness? You can't handle the truthiness!

    8. Re:Subsidy? Wrong approach. by jscotta44 · · Score: 1

      I'm saying that CO2 emissions are not enough of a player to worry about it. Can you say that you are 100% sure that there is human made global warming? If you can say that, you're either a liar or planning on getting deep pockets from the hoax. Either way, good day, sir.

  74. Ignore it, you are being trolled by dbIII · · Score: 2, Insightful

    Sumdumass is a just a second sockpuppet account that the above idiot gets on when you wants to have fun by making people angry. That is why he brought in irrelevant bullshit about Cray computers and bicycles and why it doesn't make sense.
    It doesn't have to make sense - it's just a game.
    I had that idiot spouting random bullshit over serious posts I made a while ago until I read his journal to find it's a fake, joke second persona where he pretends to be tinfoil hat crazy to stir people up. To paraphrase: "Slashdot is hacking me OMG" and similar stuff.

  75. The figures for coal more similar than you think by dbIII · · Score: 1

    Remember that any sort of major electricity generation project lasts for two, three or possibly four decades so what looks like a huge price per home gets spread out over a very long time.
    With solar the operating costs are very low, you can put it somewhere where the line losses will be very low but the capital costs are very high. The total cost over the lifetime are starting to get competitive especially in places a long way from the amount of water you need to run anything else.
    I'll spell out the coal situation clearly - a huge capital cost although less than with solar, larger ongoing costs and typically larger line losses since you have more restrictions on where you can site it. At some distance from a lot of water even photovoltaics start to look good.
    Nuclear is irrelevant to this since I'm comparing it to the current situation and whether nuclear fans like it or not nobody has been building the things in the USA lately - feel free to advocate on another thread but here I just want to compare solar and coal.

  76. Re:Is that a lot? I'm not sure. by dbIII · · Score: 1

    Isn't it incredibly funny that the US generated nuclear figures never come close to what people in the UK are paying on their bills, or in France, or Russia, or Japan, or China? The nuclear "debate" still remains as complete and utter fabricated bullshit versus mindless fear.
    The answer as always is instead of accepting rubbery figures you ask an advocate to give you their best shot - pick the best performing plant on earth, name it, and give you the specific numbers for that. The answer to that is always attempted distraction and zero information that answers the question.
    Nuclear is an alternative energy with a lot of promise and has been used effectively in specific situations (eg. submarines, partial energy independence for Japan in case of military blockade, etc), and has had the side benefit of producing weapon material. However it is still a very complex and expensive way to boil water so in the past has been a terrible way to generate electricity. That's my answer to the "nuclear now" idiots that think it's a solved problem - for everyone else there are promising options in nuclear that could be developed into something very useful, and some are even already at the prototype stage.
    The answer, as with every alternative energy source, is to develop it to the point where the benefits make it worthwhile - and only then you start taking about building hundreds of the things.

  77. Life is not "clean" - don't ignore consequences by dbIII · · Score: 1

    Or you could just use different panels that work well in cloudy weather - which of course use far more toxic chemicals than the usual but the answer is not to lift the glass and lick the cadmium on the panel.
    Nuclear of course uses far more toxic chemicals and it's very difficult to mine Uranium without creating serious heath risks for the people in that areas around the mine (eg. hospitalisations from drinking water contamination in a town near Ranger Uranium mine, Australia).
    We need to stop pretending anything is "clean" because the reality behind the PR is always big, dirty industrial processes so the answer as always is to contain them in such a way that nobody gets hurt.
    "Clean" is for selling washing detergent - any time a salesman for any type of energy uses it you know they are trying to sell you a huge lie. Even geothermal done badly has the potential to damage farmland with salt.
    The media is getting obsessed with labelling all kinds of things as "toxic". We're supposed to apply the "toxic" argument to what people are exposed to or what is on the material safety data sheet and not arbitrarily. A spoonful of margarine won't kill you but the catalyst used to make it out of vegetable oil probably will. Thus the process is "toxic" but the end product is safe enough to eat.

  78. There is still light on cloudy days by dbIII · · Score: 1

    There are photovoltaics that produce reasonable amounts of power without direct sunlight.

  79. Re:Is that a lot? I'm not sure. by Anonymous Coward · · Score: 0

    There's not much benefit if it costs more than it's counterparts. Now you have to make the decision what you won't spend your money on in order to have solar power. Perhaps you'll forgo that prius and keep your 1972 cadillac running, thereby offsetting your global warming win? or healthcare? Plumbing fixes creating waste and contamination. To say it's a win isn't that easy. Do you have any idea what's involved in manufacturing silicon solar cells?

  80. Re:Is that a lot? I'm not sure. by MJMullinII · · Score: 1

    One of the riskiest classes of loan guarantee made by the feds is for nuclear power plant construction.

    Those loans are expected to have a 50% default rate.

    Solar's a bit less risky than that -- far less likely to have cost overruns or construction problems. Generally the government does not price risk high enough, but that doesn't mean they lose every dollar they guarantee. Most of it gets payed back.

    Not a SINGLE utility has ever defaulted on a loan-guarantee for a Nuclear Power Plant.

    Of course, if you come out EVERY SINGLE DAY and declare "it will rain because I say so!", one day, it will probably rain.

    Does that mean you can create rain?

    --
    "Don't be a martyr -- BE THE ONE WHO GOT AWAY!"
  81. And by mahadiga · · Score: 1

    When will US become net exporter of crude oil?

    --
    I'd like to buy homeland for our 10 million people. http://twitter.com/mahadiga
  82. the real solar power usage by Max_W · · Score: 1

    The most effective solar and wind power device is drying clothing and linen outdoors, as opposite of drying in electrical dryers.

    During drying water changes physical state, turning from liquid to vapor. Changing physical state means a lot of energy.

    In some districts and even in entire cities drying outdoors is forbidden not to spoil views of nice houses. So in these districts and cities a huge amount of energy is being used in electrical driers.

    But in other poorer districts and cities there will be installed immense wind mills and vast solar panel fields, even more reducing a value of housing in these areas.

    Instead he had to ban forbidding outdoor drying and invest in development of outdoor driers. Outdoor drying not only saves energy, it cools down the planet, as billions of pieces of clothing and linen is being washed and dried every day around the globe.

    Unfortunately, this fashion on vanilla fences and Barby-houses is spreading on such countries and India, China, Indonesia, Russia, Brazil, etc., where the growing middle class is also moving into gated communities, where outdoor drying is forbidden.

    So the social problem is to be solved, not a technical problem. A solar panel is weak and unreliable in comparison with an outdoor drier, which uses energy of sun and wind most effectively, without any loses, without expensive and polluting manufacturing.

  83. Re:Loan vs. Grants. Either way bad by WindBourne · · Score: 1

    You know, 20 years ago, when I joined the Libertarian party, I was fanatical. In 20 years of sucking hind teat to the likes of W, I have become a lot more pragmatic. My response was why it is better over the grants. Now, as to your judging my statement against your perception of the party, I have to laugh. So many ppl have this perception that Libertarian == anarchism. In addition, they seem to ignore what the party puts out, and just push points made by dems/pubs which really are false. Too bad.

    --
    I prefer the "u" in honour as it seems to be missing these days.
  84. Proven - he's the same politician by Anonymous Coward · · Score: 0

    Anytime my tax dollars are targeted like this, I get REALLY MAD.

    We need an X-Prize for Solar power efficiencies that can also be mass produced, not this ... er ... graft for the good-ol-boy network.

    Solar efficiencies are 20% on a good day. The X-Price should be for
    a) 80+% efficient systems
    b) that can be mass produced (millions of sq-meters a day)
    c) 25 yr lifespan
    d) available only to companies and research located AND headquartered inside the USA. It is our money after all.

    Make the prize $100M and safe us all some cash too.

  85. Informative? by Anonymous Coward · · Score: 0

    Informative? WTF?
    First off it is rather typical for a peak to be followed by a drop. I personally know people who bought a car simply because of the CFC program! Furthermore, they picked a better car so it also influenced them to make a smarter choice. The purpose was to create a boost during a bad time AND get better cars on the roads. In fact, 1 person I know bought a new car for the 1st time and normally would never do so.

    The idea behinds such things is rather complex-- the economy boosts people keep their jobs and can spend money that later on impacts you; then the better cars help move society a tiny bit forward from these clunkers - except new american cars suck so they let you get pretty low mpg cars.

    1. Re:Informative? by CannonballHead · · Score: 1

      Anecdotal evidence FTW.

      I am speaking of a market trend, not an individual person buying. The reasoning that appears to be shown by the market trend is this: people were going to buy a car anyway, and they did it sooner rather than later because of the CFC program. This moved a lot of the car-buyers all into one time - a spike. Then, all those folks didn't buy a car when they were normally going to - a drop. Then it continued as normal.

    2. Re:Informative? by CannonballHead · · Score: 1

      The purpose was to create a boost during a bad time AND get better cars on the roads. In fact, 1 person I know bought a new car for the 1st time and normally would never do so.

      That was a very high cost to get a "better car" on the road.

  86. Consistent production is no problem. by FrankHS · · Score: 1

    Consistent production is not a problem when there are multiple sources of electricity. Natural gas powered plants can be run at night and on overcast days and throttled back when solar is producing. No serious person is saying that we should eliminate everything but solar.

    The large amount of land needed is not a problem because the best land for solar is in the desert and this is some of the cheapest land available. Rooftops are also available.

  87. Nuclear/carbon costs by Chris+Gunn · · Score: 0
    I'm not sure that figure takes into account all the related gov. subsidy costs for Nuclear.

    The latest estimate for the Yucca waste storage project (currently cancelled) is $90b. http://en.wikipedia.org/wiki/Yucca_Mountain_nuclear_waste_repository

    Any accidents, such as oil spills, can make unexpected increases to the cost.

    Then of course there's carbon credit cost for coal/oil.

    The only coal power plant in NZ, Huntly is probably going to close. Carbon credits have just come in.

    The NZ power companies have been investing in wind and geothermal in recent years instead.

  88. "the costs are insane" is not a cost figure. by Anonymous Coward · · Score: 0

    "the costs are insane" is not a cost figure. 64MW plant $266mil. A nuclear power plant would cost..? Add up the cost of the fuel too, by the way...

    1. Re:"the costs are insane" is not a cost figure. by Ash-Fox · · Score: 1

      the costs are insane" is not a cost figure. 64MW plant $266mil. A nuclear power plant would cost..? Add up the cost of the fuel too, by the way...

      Here is an article for you:

      http://thestar.com.my/news/story.asp?file=/2009/6/26/focus/4197991&sec=focus

      --
      Change is certain; progress is not obligatory.
  89. How many hops until money leaves the US? by greggster · · Score: 1

    How much of this 2B will actually end up spent in the US? Foreign companies installing Chinese solar panels - that's what - 1 hop, maybe 2 hops and its gone...

  90. A Road Not Taken: Solar Panels, Jimmy Carter, and by Anonymous Coward · · Score: 0

    Funny you ask that now. I read this a few weeks ago on the Oildrum: http://europe.theoildrum.com/node/6640

  91. OK by zogger · · Score: 2, Interesting

    Ya it's useful. I used to be in the biz and sold a ton of solar hot water heaters, and worked on several air heaters as well, residential and commercial. As to absorption cooling, correct again, that is how a lot of ammonia gas RV (or remote cabin, etc) refrigerators work, I have three of them (all small though).

    I just think decentralized solar power, of any type, is just spiffy beyond belief. anything to get the homeowner away from the monthly "bill" that can never be paid off. That and superinsulation of the home are the best bets for personal alt energy independence. I work on this stuff a lot for myself, this is how I "invest", no wall street scam stocks or put your grandchildren into debt government paper for me, useful and practical tangibles only. Trying to get as independent as possible. We've made a huge hit on the grocery bill with extensive gardens, a greenhouse, etc. We switched to stored solar-wood-for heating and haven't used any propane for heating for three years now. I have some solar PV but not enough to replace everything, like a lot of folks waiting for it to drop a scosh more in price, that's all. Went mostly retired a few years back and my income dropped like down to 25% of what I was making, so everything I do has to be on the ultra cheap. I rotate around, this year will be lots more insulation, next year, something else.

    I see a lot of greenies rag on suburbia, on the contrary, I think stand alone suburban homes with a decent yard (and a good internet connection so if possible telecommuting) are the best compromise for most people, has the most potential. You *can* do solar PV and thermal and have a decent garden etc, and eventually the solar PV carport or garage for the electric ride. Can't do any of that in town in some apartment, you stay tied to "the man" forever and ever. We live further out than suburbia on a big farm, yesterday we had the "all our own stuff" fourth of july cookout, our own beef, chicken and bass, veggies from the garden, etc. tres cool, good eats. Fresh picked watermelon and sweet corn and tomatoes just can't be beat.

    1. Re:OK by HereIAmJH · · Score: 1

      Sounds like you've already gone the direction I'm heading. As soon as the housing market recovers (if it recovers....), I'm selling my house and building a new one. SIP, geothermal heat pump, and passive solar to start. I'm not looking to go off grid, but I'd like to get net 0 on home energy bills. Maybe by that point someone will start producing small chiller units, if not, I'll see about making my own. I'll probably be looking at LiBr instead of ammonia though.

      --
      Another day, another update to a Google android app.
  92. I hate punitive taxes by zogger · · Score: 1

    Including that scam wall street cap and trade carbon tax. That is something they brainwashed the greenies into thinking is "the solution". Total mind fsck. On the other hand, I love the tax *credit*, the anti tax. If the government would just pass a 100% tax credit for people and businesses, say up to 25 grand for individuals amortized over 5-10 years, there would be zillions of PV panels and assorted whatnot up there within a short time. The carbon tax just goes to make the same fatcats richer, that's it. That money will leave your pocket anyway, so which would most folks like, get to have some decent solar installed, or read little blurbs in the paper about megacorp making record profits? I think most folks would opt for getting their own panels, etc. At commercial scales, if there was a full tax credit for some huge commercial solar installation (whatever, variations there), investors would look at that, as opposed to tradition burn fuel plants, which are still taxed, and go "this is a no brainer" and opt for cleaner and more sustainable and more profitable.

    Government can either tax or not tax, all taxes do today is act as social engineering. With fiat currencies, there is no direct need to fund government with taxes, we the people could demand direct funding and get the new money into circulation that way, rather than "loaning into existence" through the banks. I just hates that con game they have pulled with the federal reserve and lesser banks , it's a pure scam.

    If we switched to direct funding (with balanced budgets and no increases beyond proven productivity gains), it would do wonders for the economy of the 99% who aren't already fatcats out there, and really clean up the environment and spur better quality development and investments, etc.

    Trillions to bailout the fatcats, put everyone else into generations long debt. seems rather ludicrous to me when we have decent alternatives out there that could be implemented. I'd like a more advanced variation on the "bancor" currency, I designed it some years back, using the top 100 traded commodities as our new currency backing and to set M3 rates of new currency creation existence. Etc. Another subject, but that's how to afford a lot of new spiffy things and stop ripping the "we the people" off. Of course those goons who control government through wall street investment banks would hate it, they'd have to go get real jobs. ;)

  93. bwahahaha! by zogger · · Score: 1

    I'd advise you to move to the US south right now if it wasn't for the oil spill. See, I'm not that insensitive! hahaha! Not sure how that will shakeout. If they get it fixed though, hopefully, it is much nicer here than these urban yankee loons (I am a reformed yankee loon, heh) go on and on about. This is 2010 here, not 1950. Cheaper to live than most other areas of the US as well. Year round growing season here, etc, (just cabbages and carrots, etc in the winter though) even though we get a little winter and the occasional snow, it's nothing like "up north". Plenty of sunshine, and still jobs to be had. Not bad at all really. Plenty of recreation, including fishing, etc on open to the public areas, zillions of acres of that. I lived in many yankee states, but I like Georgia a whole lot bettah. Mountains, rolling hills, huge farmlands, lakes, streams and some beach action, big city life to as far in the sticks as you care to go. Got it all.

  94. Re:Is that a lot? I'm not sure. by hesaigo999ca · · Score: 1

    Ok, in a perfect world, but we all know that behind closed doors, there will always be things that can be done to get out of paying, whether one blows the other, rubs his back, greases his palm, I really gotta think that this is money we will never see again....for some reason (car industry anyone?)
    Although if the outcome of this means everyone can go to your local walmart to buy solar panels and be able to install them like they do ikea shelving, then I would have to say, lets do this !

  95. If the US was not meddling in the Middle East.... by Anonymous Coward · · Score: 0

    Fundamentalists would have nothing agains the US, and instead would concentrate on the infidels in CHina and India.

    There are many countries that haven't got much oil, but that are not targets of the Islamists.

    The meddling is what put the US in their demented cross hairs, not only the oil consumption.

  96. And the nuclear industry. by Anonymous Coward · · Score: 0

    No nuclear plant anywhere is profitable. They live from subsidies.

  97. Nonsense. by Anonymous Coward · · Score: 0

    Spain's main problem was the collapse of the housing market.

    SOlar power subsidies don't figure at all in the calculations of why Spain is into so much trouble.

  98. Zero Sum Budget by Anonymous Coward · · Score: 0

    Where does this guy come up with all this free money? He throws money around like a drunken sailor.

    If we are going to devote $2B to solar growth (which is a laudable goal) it should come with a commensurate reduction of $2B somewhere else. Debt is debt and this is more of it.