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Obama Wants To Fund Clean Energy Research With Oil & Gas Funds

An anonymous reader writes "The Obama Administration has put forth a proposal to collect $2 billion over the next 10 years from revenues generated by oil and gas development to fund scientific research into clean energy technologies. The administration hopes the research would help 'protect American families from spikes in gas prices and allow us to run our cars and trucks on electricity or homegrown fuels.' In a speech at Argonne National Laboratory, Obama said the private sector couldn't afford such research, which puts the onus on government to keep it going. Of course, it'll still be difficult to get everyone on board: 'The notion of funding alternative energy research with fossil fuel revenues has been endorsed in different forms by Republican politicians, including Alaskan senator Lisa Murkowsi. But the president still faces an uphill battle passing any major energy law, given how politicized programs to promote clean energy have become in the wake of high-profile failures of government-backed companies.'"

409 comments

  1. How is this not a good idea? by HangingChad · · Score: 3, Insightful

    The notion of funding alternative energy research with fossil fuel revenues has been endorsed in different forms by Republican politicians

    Until the president proposes it, then it automatically becomes "socialism" and they'll oppose it.

    --
    That's our life, the big wheel of shit. - The Fat Man, Blue Tango Salvage
    1. Re:How is this not a good idea? by CncRobot · · Score: 5, Insightful

      His fisrt term he put $80 Billion towards this. You will remember great hits like Solendra, A123, and Fisker. The list of companies getting the money from that original program read like a whos-who of campaign donors. Many of the companies went bankrupt quickly after getting the federal money and none of them produced anything usable.

      So, to anser your question "How is this not a good idea?" The track record is this will be a slush fund to reward his friends and accomplish nothing useful. Corrupt politics and corporate cronyism at its finest. Nothing to do with "socialism", just plain theft.

    2. Re:How is this not a good idea? by benjfowler · · Score: 4, Informative

      In the case of Fisker, the government is backstopping them, to prevent the Chinese from funding Fisker and then stealing all the technology for themselves.

    3. Re:How is this not a good idea? by AK+Marc · · Score: 2

      The problem is that we are subsidizing the oil companies for billions, then taxing the users for billions. Wouldn't it be easier to not subsidize the corporation and not tax the user? We end up with so much circular tax/subsidize, I don't think anyone really has a grasp on what's in place or why.

    4. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      So the logic is that they'll take the $2B from the same private industry that "can't afford" to do the research. Which is probably true after the government duns them for $2B. It is a signalling argument that has no logical basis. It signals that the government is "doing something", but requires no results. In other words, bureaucracy in its purest form. This will fix nothing, but it makes a certain constituency feel good. Welcome to modern day governance.

    5. Re:How is this not a good idea? by Seumas · · Score: 1

      Sorry, I can't take a president who talked about "clean coal" as a legitimate thing, during his campaign.

      "Clean coal" is about as much an actual real thing as an "honest politician".

    6. Re:How is this not a good idea? by WindBourne · · Score: 4, Informative

      First off, companies like Solendra were very much Republican based. There initially were granted money from W, who held back at the last minute due to ppl bitching about W's funding of AE. Secondly, few of those companies put any more money into dems than they did into pubs.

      Secondly, there are many others that are hits, such as Tesla. In fact, if private enterprise had the success record of Chu, they would be lauded as being one of the most successful investors of all times.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    7. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      I have no mod points so let me at least say "You got that right!"

    8. Re:How is this not a good idea? by Anonymous Coward · · Score: 1

      In the case of Fisker, the government is backstopping them, to prevent the Chinese from funding Fisker and then stealing all the technology for themselves.

      Yeah, exploding car batteries could be an important defence technology one day.

    9. Re:How is this not a good idea? by Black+Parrot · · Score: 1

      Yeah, exploding car batteries [wired.com] could be an important defence technology one day.

      Yeah, drive your cars across the border and use them to take out enemy defenses.

      --
      Sheesh, evil *and* a jerk. -- Jade
    10. Re:How is this not a good idea? by amiga3D · · Score: 5, Insightful

      No problem agreeing with you on the fact that theft is a two party activity. The point is that this is just more money being pissed away while we go into a hole at a rate of around 100 billion dollars a month. Enough already!

    11. Re:How is this not a good idea? by Ichijo · · Score: 5, Insightful

      Let's also fix the market failures of air pollution and carbon emissions by internalizing their costs into the price of fossil fuels. If you agree that correcting market failures makes the free market more efficient, then you must be in favor of a carbon tax.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    12. Re:How is this not a good idea? by reboot246 · · Score: 2

      Just exactly how much do you want to pay for a gallon of gasoline?

    13. Re:How is this not a good idea? by AK+Marc · · Score: 2

      How do you internalize a cost when you can't identify the cost?

    14. Re:How is this not a good idea? by Jah-Wren+Ryel · · Score: 5, Interesting

      Many of the companies went bankrupt quickly after getting the federal money and none of them produced anything usable.

      Err, no. The DOE loan program is actually performing better than congress expected when they created it in 2005. I'm willing to bet that you don't even know the name of one other company that received a DOE loan besides the three you've mentioned. As usual, reality is more complicated than sound-bites.

      --
      When information is power, privacy is freedom.
    15. Re:How is this not a good idea? by AK+Marc · · Score: 1

      If I take billions away from the subsidies and billions away from the consumer taxes, the cost to me will be roughly the same.

    16. Re:How is this not a good idea? by PixelScuba · · Score: 5, Informative

      Actually the number of companies folding under this program was even lower than congress thought... about 11% Maybe we have different interpretations of "maths" but a little more than 1/10 companies receiving clean energy loans and tax breaks isn't "many" to me. Fact Check talked about this several times during the campaign last year.

    17. Re:How is this not a good idea? by WindBourne · · Score: 1

      Oh, I agree that we need to balance our budget and soon. However, the money that is going into Energy R&D is not wasted. That is useful money. The problem is when China subsidizes and dumps on the markets and we do nothing. That is just plain INSANE.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    18. Re:How is this not a good idea? by Twinbee · · Score: 2

      Risk comes into it sure. But for every Fisker, A123 or Solendra, you'll get the occasional success - say, Tesla. I for one can't wait until they begin to make electric cars below 20 grand.

      --
      Why OpalCalc is the best Windows calc
    19. Re:How is this not a good idea? by Immerman · · Score: 2

      But we can. We can make moderately good predictions as to what the long term environmental impacts of global warming will be under various CO2 production scenarios. We can also make reasonable predictions as to the economic economic impact of loss of farmland, increasingly violent weather, etc. will be. Normalize that cost in terms of $/ton of CO2 and then tax fossil fuels accordingly. At present it looks like even our worst-case predictions are actually pretty optimistic, but hey, lets go with the most likely or even best case scenarios for a starting point.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    20. Re:How is this not a good idea? by Ichijo · · Score: 1

      How do you internalize a cost when you can't identify the cost?

      We know that air pollution costs up to $1,600 per person annually in respiratory problems. We also know that the cost of climate change is estimated at around $20 per ton of CO2. Therefore, the costs can be identified and quantified.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    21. Re:How is this not a good idea? by TubeSteak · · Score: 5, Interesting

      You will remember great hits like Solendra, A123, and Fisker.

      Last year, the US Department of Commerce slapped tariffs on Chinese solar panels after the WTO agreed that the Chinese were dumping (too late for Solyndra).
      And Solyndra is suing 3 Chinese solar companies under the Sherman anti-trust act for driving the company out of business

      The Chinese bought A123, with the US Government's approval.
      Fisker is the last man standing, but they're at the whim of their now-chinese-owned battery supplier, who has been trying to invalidate their previous contract.

      All your examples had negative narratives pushed by conservative media.
      Unfortunately, those narratives never actually had much relation to reality.

      --
      [Fuck Beta]
      o0t!
    22. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      > But we can.
      > We can make moderately good predictions as to what the long term environmental impacts of global warming will be under various CO2 production scenarios

      So you can't. The predictions are based on a very short cycle. Predictions on predictions are guesses, but this is just witch doctor foolery.

    23. Re:How is this not a good idea? by crutchy · · Score: 1

      in australia we now have a carbon tax

      many have bitched that it will cost jobs yadayadayada.... but those same people bitched about the gst when it was introduced

      at least a carbon tax puts some vague environmental consideration into the corporate balance sheet, which is better than none at all

      i would rather see old dirty industries go overseas where it's cheaper to operate, which will make room for new cleaner industries. it will take years, but it would take even longer if the status quo of dirty industry dominance was allowed to perpetuate

      those who think that humanity's effect on the environment is negligible and that we should make no attempt to do something about it are just stupid

    24. Re:How is this not a good idea? by CncRobot · · Score: 2, Insightful

      Then get me back my $500 Million from Solyndra if it is as you say. That would cover 25% of this proposed new spending.

    25. Re:How is this not a good idea? by crutchy · · Score: 2

      in the corporate world, penalties always get passed onto the customer, and windfalls always get passed onto the shareholder

      net effect: gas gets more expensive, stock price of oil companies increases

    26. Re:How is this not a good idea? by crutchy · · Score: 2

      i think the whole emphasis of "clean coal" is about cleaner disposal of harmful combustion products

      maybe think of it like this....

      nuclear is seen as being a "clean" energy source (of sorts), but how would you like it if they just dumped the radioactive spent fuel rods in your local dump like ordinary rubbish? you wouldn't, but nuclear is only "clean" because of the huge efforts in dealing with the radioactive waste (storing it in underground facilities)

      clean coal is analogous to nuclear in that instead of dumping the combustion products into the atmosphere, proponents talk about pumping it deep into the ground

    27. Re:How is this not a good idea? by Anonymous Coward · · Score: 1, Insightful

      More than the pissing hole that is the F35?

    28. Re:How is this not a good idea? by Ichijo · · Score: 1

      You quoted fox news...

      Because only Nixon could go to China.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    29. Re:How is this not a good idea? by PopeRatzo · · Score: 5, Informative

      Many of the companies went bankrupt quickly after getting the federal money

      How many? You named three. And how many "green energy" companies got federal funding?

      There were 27,226 federal awards listed in the stimulus bill for energy/environment. You've named three that failed. The three companies you mentioned were part of a specific group of those awards under the control of the Department of Energy that were meant just for new technologies. There were 28 such funding deals. Of those, four went under. Others in the successful group include a very successful battery company that's not far from where I live, which now supplies batteries automakers, including Japanese and Korean companies that build cars in the US. Batteries that are also exported. Other successes include companies that are building the smart grid and even a company whose technology is being used in the natural gas industry (you know, the fracking folks you love so much).

      Though the stimulus bill authorized $90 billion for green projects, about $80 billion was spent, and most of that on infrastructure. The group of 28 Dept of Energy awards totaled $34billion. It might be worth noting here that a study published this week estimates the cost of the Iraq War at $6trillion.

      You gotta look beyond just the right-wing talking points.

      [Source for the stimulus energy figures: http://www.cnn.com/2012/10/04/politics/fact-check-green-energy

      Source for the cost of the Iraq War: "Costs of War" project at Brown University's Watson Institute for International Studies. http://www.scienceworldreport.com/articles/5584/20130315/cost-iraq-war-6-trillion-dollar-costofwar.htm ]

      --
      You are welcome on my lawn.
    30. Re:How is this not a good idea? by MightyYar · · Score: 1

      I actually agree with you. "Seeding" companies and subsidizing loans seems to be something that the government is bad at. I don't, however, mind that we use the government to support fundamental research. I think the track record is much better here, and fundamental research - provided it is done openly - has a long-term public benefit. I'm not sure that using gas taxes is the way to go, but that is more of a political argument.

      The point is, private industry is not going to account for the fact that fossil fuels will run out. There is simply no mechanism in place to account for that kind of long-term problem. Futures contracts - which would normally handle this sort of thing - don't really handle dates 30 or 50 years out in the future. As such, I think it is responsible for us as a society to come up with the technology we will need to replace fossil fuels in the future. That does NOT mean funding electric car companies or windmill manufacturers.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    31. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      I agree with this, but 80 billion is a drop in the bucket compared to the money that goes to defense contractors. The difference is that instead of receiving finite sums of money, they get infinite sums that go by the euphemism "cost plus". And therefore failure is impossible. I recommend you read about the F-35 program's cost and status.

      So, do these loans get mentioned more often than defense contracts despite the disparity in cost? It's similar to complaints about foreign aid or pork. These are miniscule portions of the budget, but get attacked because of ideological opposition to them. Loans to clean energy companies are opposed because of emotional opposition to clean energy, while blank checks are given to anything involving defense, due to emotional feelings about the military.

    32. Re:How is this not a good idea? by CncRobot · · Score: 0, Troll

      Losses from Obama loans to "green" companies
      Solydnra - $535 Million
      Abount Solar - $400 Million
      First Solar - $3 Billion
      Fisker Automotive - $529 Million / Cut off after getting $193 Million of that
      A123 - $123 Million
      Ener1 - $118 Million
      ReVolt - $5 Million

      Your entire post consisted of trying to mislead and lie to people. I called your bluff and no matter how many times you say "But Bush" and "Iraq" it doesn't make the FACT that Obama stole money from taxpayers to give to campaign contributors who bankrupted their companies almost immediatly after getting federal money.

    33. Re:How is this not a good idea? by Anonymous Coward · · Score: 2

      If that money isn't wasted, then there is no problem with individuals voluntarily putting money into that enterprise. The state coercion in removing wealth from individuals to invest in some companies over others is subject to nonprice discrimination is plain insane.

      As for Chinese dumping -- saving the planet is great, why should we be concerned if other people choose to put money into the field? Is there something wrong if anyone other than the United States engages in some effort you like? Is it bad if more solar panels are made at a lower cost?

    34. Re:How is this not a good idea? by MightyYar · · Score: 1

      I love how tax breaks are referred to as "subsidy". It's not just this article, but it's still funny every time I see it.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    35. Re:How is this not a good idea? by joocemann · · Score: 4, Insightful

      Almost all of those green energy investments actually are working out. More than 95% of them are.

      That success rate of investment is higher than almost anything. Most new businesses fail. Most new business ipo are a crapshoot.

      When you stop focusing on the very low minority of failure (which we also know was induced by China) it was a huge success.

      We should pull all oil subsidies and invest in green tech. Those awesome new batteries from UCLA would be perfect.

    36. Re:How is this not a good idea? by MightyYar · · Score: 1

      Don't internalize it - make "carbon" a tradable commodity and try to constrain it at zero or some other satisfactory number. If someone wants to release it, they first have to buy the rights to do so from someone who is sequestering it.

      Personally, I think it's a waste of time since you'll never get China and other developing countries to sign on, but the solution to the problem is pretty straightforward - if maybe a bit bureaucratic and cumbersome. Better to start funding mitigation efforts :)

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    37. Re:How is this not a good idea? by ShanghaiBill · · Score: 2, Insightful

      ... to prevent the Chinese from funding Fisker and then stealing all the technology for themselves.

      Right, because we don't want the Chinese reducing CO2 in Asia. We only have to reduce CO2 in North America. Good thing CO2 doesn't cross international borders.

    38. Re:How is this not a good idea? by sgt+scrub · · Score: 5, Informative

      We have been giving welfare checks to oil companies since Rockefeller owned the government. Having that money shifted to clean energy might actually decrease the deficit. U.S. Oil companies still spend more money over seas than they do in North and South America combined. Ironically BP spends more in the Americas then U.S. based ones do; but, we take their money instead of the other way round.

      --
      Having to work for a living is the root of all evil.
    39. Re:How is this not a good idea? by PopeRatzo · · Score: 2

      Losses from Obama loans to "green" companies

      Just out of curiosity, you know, since I gave sources to back up my figures, can you give us the source of your figures?

      Further, if only $193B of the $529B was actually given to Fisker, why do you count the whole thing as "losses"?

      Say, you wouldn't be basing your criticisms on ideology would you? Not that there's anything wrong with that...

      --
      You are welcome on my lawn.
    40. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      First off, companies like Solendra were very much Republican based. There initially were granted money from W, who held back at the last minute due to ppl bitching about W's funding of AE. Secondly, few of those companies put any more money into dems than they did into pubs.

      Secondly, there are many others that are hits, such as Tesla. In fact, if private enterprise had the success record of Chu, they would be lauded as being one of the most successful investors of all times.

      You are laboring under the delusion that there is any difference between republican and democrat.

    41. Re:How is this not a good idea? by Impy+the+Impiuos+Imp · · Score: 0, Troll

      China is the future as long as they remain, ironically, more economically free than the US.

      Of course, the entire idea we need government to research alternatives to ostensibly reduce oil costs is historically 180 degrees in the wrong direction.

      With economic giants like China, and a lesser extent, India, coming online, capitalism is rising to the occasion quite nicely, thank you. Some of you perhaps missed the last 100 years of human history vis-a-vis government intervention in the economy.

      Having said that, government can force into existence things capitalism doesn't generally buy directly, like nuclear missiles and fighter aircraft technology, and faster than it would develop without financial prompting, but, as anyone here knows, you have to keep a close eye on government waste, kickbacks, Congressional directives as where research should be done, and so on.

      But in the case of oil prices, it's going nowhere as help. What help vs. giant stabilized robot ships that go down through miles of water, drill down miles, make a right turn and drill even more miles, making rigs obsolete? Or fracking, which made low-hanging apples of the "hard-to-get high-hanging apples" chicken littles screamed about?

      A theory that makes counter-intuitive predictions which come true over and over and over again, through the decades, should be given high value, and those who say things which turn out false over and over again should fall into the category of extraordinary claims, as in "extraordinary claims require extraordinary proof."

      Simon's theory predicts, and if you are intellectually honest, you must consider it at least, that oil prices will drop sans intervention, and natural gas prices, and that Peak Oil will turn out to be yet another corps thrown on the heap of history. By capitalism. Minimum granularity 10 years, and ideally more, especially given unprecedented things like China coming online.

      Don't rub your chin and argue. Write it down and watch as history unfolds. Again

      --
      (-1: Post disagrees with my already-settled worldview) is not a valid mod option.
    42. Re:How is this not a good idea? by ShanghaiBill · · Score: 2

      Oh, I agree that we need to balance our budget and soon. However, the money that is going into Energy R&D is not wasted. That is useful money. The problem is when China subsidizes and dumps on the markets and we do nothing. That is just plain INSANE.

      So the money isn't wasted because it is used to prevent other people from selling us stuff at low prices?

    43. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      That's alright, in 15->20 years we can buy LFTRs from the automated plants
      China. Then the Fiskers & Teslas will still work and with low carbon power.

    44. Re:How is this not a good idea? by Anonymous Coward · · Score: 2, Insightful

      First off, companies like Solendra were very much Republican based. There initially were granted money from W, who held back at the last minute due to ppl bitching about W's funding of AE. Secondly, few of those companies put any more money into dems than they did into pubs.
       
        WHO.... GIVES.... A.... FUCK??????
       
       
      I am so sick and tired of this partisan bullshit and it being used an excuse as to why something is or is not good according to whomever under whatever administration. Throwing away money is throwing away money regardless of who the fuck throws it away. Is that such a hard concept for you fucking partisan shitballs? Is it so important to you that your little fucking shit eater party looks good that you'll damn the facts and fuck the future just to feel good about your fucking retarded fucking asshole political shit party? You're fucking all of us and I'm fucking sick of you fucking partisan fucks.

    45. Re:How is this not a good idea? by interkin3tic · · Score: 1

      Strawman argument. It's not about national defense technology.

    46. Re:How is this not a good idea? by sycodon · · Score: 1

      Do you have blisters from spinning this so much?

      --
      When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
    47. Re:How is this not a good idea? by sycodon · · Score: 0, Troll

      4,143,077 Texans live in poverty. 1,655,085 of them are children. http://www.census.gov/

      90% of them are illegal aliens.

      --
      When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
    48. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      Means, make shit up and charge people for it.

    49. Re:How is this not a good idea? by anubi · · Score: 5, Informative

      These are electric cars run by a computer. Knowing how to make the battery explode by software just might come in handy for someone who would like to leave a car thief with a very unpleasant experience.

      Kidding around aside, please don't diss the batteries too much. I've blown up a few lithium batteries myself. Tow were intentional. I wanted to get an idea of just what it would take to make them lose their temper. Two were unintentional. But I did learn a lot from that. I was just happy I had the foresight to have used an old toaster oven for my battery pack test chamber. Lithium battery fires are nasty. Nothing I could do more than take the toaster oven out to the parking lot and let it exhaust itself.

      One learns from their mistakes. There are several things I am not going to do again. Ever.

      My neighbor's car caught fire a couple of years ago. He was lucky enough to catch it in the act and pushed it out to the middle of the street. The problem turned out to be the fuel injection system, which somehow did not shut down with the rest of the car. But being fuel injection is old technology, it did not make the news.

      Fisker's exploding battery did.

      I hate to diss technologies because of a misunderstanding of how to use them. There was a helluva lot of airplane accidents before we got that one pretty well nailed down.

      Lithium batteries are dangerous. Very dangerous. So is gasoline.

      --
      "Prove all things; hold fast that which is good." [KJV: I Thessalonians 5:21]

    50. Re:How is this not a good idea? by kenh · · Score: 3, Informative

      The "billions" the oil companies "receive" are really the simple deductions every other business is entitled to make - just like Apple gets to "write-off" research & development cost, so to do the oil companies. Just as GE gets to "write-off" capital investments, so to do the oil companies. And, they don't "receive" money from the government, they get to keep more of the money they earned.

      --
      Ken
    51. Re:How is this not a good idea? by Ichijo · · Score: 1

      Of course we all want gas to be free.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    52. Re:How is this not a good idea? by kenh · · Score: 1

      "i would rather see old dirty industries go overseas where it's cheaper to operate, which will make room for new cleaner industries."

      Seriously - are you sure? So let's say, for example, I have a factory that makes widgets, and in producing those widgets I generate a large quantity of pollutants, making my plant a "dirty" plant. Now, you suggest it would be great if that "dirty" factory were to relocate and continue in it's "dirty" ways, polluting the planet just as much as it did before, with the only net result being that you've "freed-up" all the former factory workers to seek out employment elsewhere.

      You can tolerate the pollution, you just don't want it to be generated near you?

      Most environmentalists don't care where the pollution comes from, they want it reduced/stopped. Simply relocating the "dirty" plant accomplishes nothing as far as the environment is concerned.

      --
      Ken
    53. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      Let's see:

      Solyndra : $535 million
                    A123:$129 million
                Fisker:$193 million
                  Total:$857 million

      which as a %age of $80 billion is 1.07%

      You're going to have to find a lot more boondoggles in the program to make the failures add up to a significant fraction.
      And you handily overlooked the loan to Tesla Motors which helped the company get the Model S to market - a car that was a unanimous pick of 13 reviewers ( the 1st ever such choice) by Motor Trend and has won numerous other prestigious awards.

      The company has delivered nearly 6000 units to buyers so has gross receipts of nearly 1/2 a billion, is producing 400 units every week and expects to pay off their loan ahead of schedule.

    54. Re:How is this not a good idea? by ATMAvatar · · Score: 4, Insightful

      He provided evidence. You refuted his post, but provided no such evidence yourself. If it is as true as you say, surely you are capable of providing said evidence. As you are making the counter-assertion, it is completely on you to provide it, not on the rest of us to dig around for it.

      And, I hope you realize that you are equally guilty of 1. But Obama and 2. Attacking the poster.

      --
      "They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety."
    55. Re:How is this not a good idea? by Anonymous Coward · · Score: 3, Informative

      Oddly enough, the source for those figures (if you follow back all the blogs), is Fox News:

        http://nation.foxnews.com/obama/2012/10/20/list-36-obama-s-taxpayer-funded-green-energy-failures

      CnCRobot, please avoid ad hominem attacks. They make it appear that you are disingenuous.

    56. Re:How is this not a good idea? by AK+Marc · · Score: 2

      Nope. They get "free" oil (according to BP's accounting) gifted to them from the Alaskan and US governments (depending on where it comes out of the ground). Not to mention the fact that the governemnt built the pipeline, as a subsidy/loan, to remove risk from the oil companies. That was a few billion dollars. No idea if it's all been paid back yet, it wasn't set up as an actual loan, but as a gift with fees.

      Not to mention that resource leases are often traded in a manner that doesn't result in wireless-spectrum-like bidding. Why aren't leases sold with terms similar to wireless spectrum? Oh, too competitive and open, we have to make sure that BP gets the ones they want, and small-time local drilling operators don't get an option, unless owned by the son of a VP, which is why people paid Bush Jr. money to call himself an owner of oil companies or the Texas Rangers long enough for him to earn them millions of subsidies or more. I mention the Rangers not because they are an oil company, but the timing of him buying in, getting a new stadium, then selling out is well documented and "above board" as much as such actions can be.

    57. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      So what you're saying is that you would provide your source, but it's Fox News and you know that they've reported unverified figures in the past so they aren't a reliable source. Fox News reported that Obama was taking a trip to India that would cost $200 million dollars, then they threw out some even larger figure, and then when the story was disproven they pretended like it never happened.

      Personally, I don't trust anything that MSNBC broadcasts either, because just like Fox they're quick to jump the gun on any story that supports their cause, verified or not. Distrusting claims by Fox News has nothing to do with partisanship or bias, it's just the logical thing to do. There are many media organizations that have proven themselves to be unworthy of their consumers' trust. Would you believe that UFOs exist because some tabloid said it was so? No. For the same reason you have no reason to assume that any information from Fox News is true.

      If you wish to engage in debate on Slashdot I highly advise you go to your local community college and sign up for a class in Deductive Logic. Sometimes the class is called 'Critical Thinking' or 'Aristotelean/Boolean Logic' or just simply 'Logic.' Until then, stop spouting out fallacies that a child with a Logic textbook could identify. Even if your point is valid, your argument is not.

      Posting AC so I can mod your dumb ass as troll (because there isn't a -1 Ignorant option).

    58. Re:How is this not a good idea? by tragedy · · Score: 1

      They get "free" oil (according to BP's accounting) gifted to them from the Alaskan and US governments (depending on where it comes out of the ground).

      Let's not forget all that they're allowed to squander in pursuit of short-term profits. Take the fracking operations in North Dakota that glow as bright as a large city when seen from space due to all the gas they're flaring off. The waste of usable resources is tremendous, quite aside from the pollution.

    59. Re:How is this not a good idea? by WindBourne · · Score: 3, Insightful

      So, let me see if I understand this.
      China subsidizes Steel companies in China back in the late 80's, and then dumps on western markets esp America destroying others. Once they took over the markets, then the prices are double what they would have been prior to China's dumping.
      From there, they do the same with electronics. We used to get cheap electronics here produced by Americans. Now, they are produced in China. Of course, a CHEAP smart phone here is around $150. Over in China, a cheap smart phone is $30.
      They did the same with clothing and then fabric. Moved on to our furniture.

      NOW, they flat out steal our R&D, subsidize the development in China and then dump it on our markets.
      In fact, to get our AE industry off the ground we provide subsidies that is open to any and all companies. OTOH, China subsidizes ONLY Chinese companies, but all is dumped on the global market.

      And you do not see an issue with this. Really?

      --
      I prefer the "u" in honour as it seems to be missing these days.
    60. Re:How is this not a good idea? by jd2112 · · Score: 1

      My neighbor's car caught fire a couple of years ago. He was lucky enough to catch it in the act and pushed it out to the middle of the street. The problem turned out to be the fuel injection system, which somehow did not shut down with the rest of the car. But being fuel injection is old technology, it did not make the news.

      Ford F-150 pickup truck by any chance? If so: yes, it did make the news. (albeit not as widely covered as exploding Fiskers. Too bad Justin Beiber's chrome plated Fisker isn't one that exploded.)

      --
      Any insufficiently advanced magic is indistinguishable from technology.
    61. Re:How is this not a good idea? by amiga3D · · Score: 1

      What's your point? Just because they throw money at an idiotic piece of shit single engine fighter they should throw it away on a few dozen other projects to. Yes the F35 is a nightmare but the F16 is getting old and the defense department needs a new lawn dart.

    62. Re:How is this not a good idea? by crutchy · · Score: 2

      don't be daft... i'm human, and humans put self-interest first... always

      i don't dive a fuck if china pollutes itself out of existence, as long as air near me is clean

      i want new tech companies in my country to make new tech jobs more available

      who ever said i was an environmentalist?

    63. Re:How is this not a good idea? by RicktheBrick · · Score: 3, Interesting

      Is it bad if more solar panels are made at a lower cost? Yes it is if it takes away American jobs and the government ends up paying more for unemployment insurance and health and welfare cost. Yes if it prevents American companies from investing in automated equipment that would allow them to sell their products at even a lower price. Shipping money to China so they can invest in American corporations and end up owning almost all of America is not a good idea.

    64. Re:How is this not a good idea? by amiga3D · · Score: 1

      I agree. You should get a second mortgage on your house and invest in those batteries. Government should invest in infrastructure not products. They could buy some high tech green energy stuff like maybe the newest solar panels and paste them allover Federal buildings nationwide, that would be fine and cool but investing in products by just giving money to corporations and hoping it works out is not for tax dollars but private investment.

    65. Re:How is this not a good idea? by khallow · · Score: 1

      Almost all of those green energy investments actually are working out. More than 95% of them are.

      I have a different definition of "working out" than "hasn't gone bankrupt yet".

      That success rate of investment is higher than almost anything. Most new businesses fail. Most new business ipo are a crapshoot.

      And most involve money at levels a couple of orders or more less than what the US government gave out. As I see it, to throw half a billion dollars at a business and then trot out the VC excuse that "most businesses fail" completely ignores that lending of that size should be on much less risky things.

      When you stop focusing on the very low minority of failure (which we also know was induced by China) it was a huge success.

      "A huge success" means something great that wouldn't have been accomplished otherwise. My take is that none of the projects I've seen have qualified. They either fail hard or were going to get funded and work anyway without government funding. My view is that the companies which immediately went bankrupt (which incidentally is a great sign that the lender didn't do any due diligence) are only the tip of the iceberg. You still have all those projects which aren't going to amount to anything and which cost a considerable amount for the level of power generation built.

    66. Re:How is this not a good idea? by khallow · · Score: 1

      Related to my previous argument (the comment that some projects cost a "considerable amount" for the power generated), check out this list of loans and the physical assets that were developed as a result.

      One of the more extreme examples was a loan to NRG Energy/BrightSource for $1.6 billion which was used to build a solar plant which produced just under 400 MW of power. That's $4 per watt. But it should be more like $1 per watt (which I understand is the threshold for economically viable, large scale, unsubsidized solar power). But there are several other solar plants on that list getting loans in the $3 to $4 per watt range.

      That should have been an automatic "no go" for funding of this scale. If someone wants to try an experimental and costly design, then they can try it for at least an order (and probably two orders) of magnitude less, like sane businesses do.

    67. Re:How is this not a good idea? by VanessaE · · Score: 1

      "As such, I think it is responsible for us as a society to come up with the technology we will need to replace fossil fuels in the future. That does NOT mean funding electric car companies or windmill manufacturers."

      Then what *does* it mean? What do you plan to use to move our cars around, if not electricty? Surely you can't expect the world to continue using liquid fuels, clean or not, renewable or not, forever?

    68. Re:How is this not a good idea? by Cyberax · · Score: 1

      You'll get them back once government sells its stake in the other companies funded under this program. 90% of which are still alive.

    69. Re:How is this not a good idea? by khallow · · Score: 1

      The point is, private industry is not going to account for the fact that fossil fuels will run out.

      For someone not doing such a thing, they've developed a remarkable set of alternative technologies over the past century.

      Futures contracts - which would normally handle this sort of thing - don't really handle dates 30 or 50 years out in the future.

      We have plenty of securities that do extend out that far, such as stocks in energy companies.

      As such, I think it is responsible for us as a society to come up with the technology we will need to replace fossil fuels in the future.

      Here's the thing I don't get. What makes you think we're shirking that responsibility? Because we can shovel a few billion more dollars down a dark rathole?

    70. Re:How is this not a good idea? by aztracker1 · · Score: 1

      Well, we already have a system for that.. it's called tariffs.

      --
      Michael J. Ryan - tracker1.info
    71. Re:How is this not a good idea? by aztracker1 · · Score: 1

      And people who think the environment stops at the border are idiots... Pollution in China/Africa/etc, and the related problems will spread....

      --
      Michael J. Ryan - tracker1.info
    72. Re:How is this not a good idea? by aztracker1 · · Score: 1

      It's great for all your ground-water related woes...

      --
      Michael J. Ryan - tracker1.info
    73. Re:How is this not a good idea? by mug+funky · · Score: 1

      how do you propose getting out of that hole?

      a government that accepts taxes while doing nothing is a government that is stealing from the people.

      funding R&D will either work, or it wont. fund enough things and one of them will work.

      do enough of nothing, and you'll still have nothing.

    74. Re:How is this not a good idea? by mug+funky · · Score: 1

      so FOI the tendering processes - don't just bitch online, get active!

    75. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      1) The NIH exists largely to fund research that will improve human health. I may be off by a margin, but I think it is funded at $400BN a year, and people are happy with that. The lab I work in uses NIH funds, in part, and the things we are doing are rocking the world. My boss just won the Nobel this year for his work.

      2) Check this: http://www.examiner.com/article/graphene-super-capacitor-could-make-batteries-obsolete

      3) The mirror-focused-hot-salt solar farms are so efficient, that to power all of California's energy needs, it would require a 9x9mile area. That is very easily done. The tech is, by and large, already in our hands, and I believe much of Obama's choices involved refining/developing/producing known working technologies to bring them to market at reasonable rates.

      Disclosure: I am not an Obama fan. I don't hate him, but regarding foreign policy and privacy issues, he is pretty much another GWB. Eeew. I do like how Obama is usually more science oriented in decision making because facts and reason are proven time and time again to have the highest impact -- faith fails nearly every time, and 'markets' are so unpredictable and manipulated that they, too, are unreliable.

    76. Re:How is this not a good idea? by mug+funky · · Score: 1

      you left time out of your equations. or you are trying to mislead.

    77. Re:How is this not a good idea? by joocemann · · Score: 3, Insightful

      500 million is a drop in the bucket of things you should be worried about, and, again, was a very minor loss in a pool of successful choices.

      This is just like the 32 million dollar muffins that the DOJ was buying each year and the news made a big deal about.

      80BN in yearly oil subsidies for an archaic and dangerous system that is already highly profitable? And you're moaning about 1/160th of that, and its not even a yearly cost. PFfft.

      Tornadoes in Teacups. You will forever be upset until you gain a grasp of the words SIGNIFICANCE, MAGNITUDE, etc.

    78. Re:How is this not a good idea? by mug+funky · · Score: 1

      this delightful tirade needs more mods.

    79. Re:How is this not a good idea? by joocemann · · Score: 1

      Do you know what a LOAN is? It isn't a handout/subsidy.

    80. Re:How is this not a good idea? by mug+funky · · Score: 1

      you paid 500 million just in tax??

      i think you'll be fine. you wont need any handouts.

    81. Re:How is this not a good idea? by mug+funky · · Score: 0, Flamebait

      i'll just attack you because i'm lazy.

      you're a cunt, and i don't give a shit about obama or anyone else. i don't live in your country and i don't vote in your ridiculous elections. i have my own ridiculous elections to vote in, and i'm not looking forward to it.

      so shut the fuck up. not everything has to be a fight between your team and someone else's team. this stuff is doing everyone in.

      oh, and did i mention you're a cunt? good.

    82. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      It isn't wasted because by spending it we're doing steps that are necessary, albeit not sufficient, for those invested technologies to prosper in the future on a level playing field. For some fraction of the technology subject to this R&D the eventual return will be far greater than the initial investment.

      Chinese dumping is undesirable because it undermines a free market. If the Chinese had some special process or breakthrough new product that made their solar cells inherently much cheaper to produce, it wouldn't be a problem. When the Chinese government pays companies and manipulates its currency to sell that panels for less than it costs to make them, it's a serious problem. Or would you like to assume that the Chinese are always going to be such nice generous folks and keep selling us solar panels below cost after they drive everyone else out of business? Dumping has never been acceptable in international trade.

    83. Re:How is this not a good idea? by mug+funky · · Score: 1

      liquid fuel is a broad category. if it's renewable and doesn't hit the atmosphere to the point that climate is affected (and doesn't poison everybody), why not do it?

      also, electric cars aren't going to solve plastics and whatnot and all those other things that rely on oil. we have to find solutions to all that as well.

      if only solving these problems could become a kind of manhattan project. that worked pretty well.

    84. Re:How is this not a good idea? by mug+funky · · Score: 0

      fuck off.

    85. Re:How is this not a good idea? by mug+funky · · Score: 1

      i initially thought that about the parent post... but then i thought for a second:

      climate, environmentalism, etc is a first-world phenomenon.

      as a country industrializes it will increase it's standard of living (mostly).

      so if the end-game is zero carbon, then the world will get there eventually. but if countries that are already there are treating dirty business with kid gloves, the world will NEVER get there.

      question is how long will it take and how long have we got?

    86. Re:How is this not a good idea? by mug+funky · · Score: 1

      careful. they probably weren't allowed to build a big pipeline to put that gas through. there's always two sides, not that i like the frackers.

    87. Re:How is this not a good idea? by joocemann · · Score: 1

      Please be an honest critic and spend between 4000-6000 times as much effort on this topic...

      https://www.youtube.com/watch?v=xU4GdHLUHwU

      FYI: It's about the pentagon losing trillions.

    88. Re:How is this not a good idea? by crutchy · · Score: 1

      i only care about the environment in as much as it affects me directly (same as most people)

      companies will never care about the environment

      my argument wasn't really about environmental benefits... it was about getting rid of dirty industry in favor of newer green tech (for better jobs), and if that has some small and gradual environmental benefit then so be it

      not that environmental benefits aren't worth trying to achieve, but it won't factor into political or business objectives

      as long as man exists and global population continues to skyrocket, nothing we do will really have a big improvement on the environment. have a look at the youtube video linked below about the real future threat, which isn't pollution or war; it's growth

      http://www.youtube.com/watch?v=VOMWzjrRiBg

      humanity is a global virus, which be continue to be the case regardless of how many trees we plant. the only way to prevent a virus from spreading is to kill it

    89. Re:How is this not a good idea? by crutchy · · Score: 1

      maybe we should just shut down all the coal power stations then

      the ground is full of carbon already, so adding more isn't going to have as much of an effect as nuclear waste which would be much much more of a problem if leaked into the water table. there are obviously other chemicals that we have to be careful of, but i think carbon capture and storage has much better health benefits than simply allowing the products to vent to the atmosphere

      i'm also pretty sure that the depth they are talking about pumping to for carbon capture is pretty deep

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

    90. Re:How is this not a good idea? by dbIII · · Score: 1

      Peak oil has already happened (2008) but some people haven't worked out yet that it's a bump on a curve and not doomsday since it's not the only energy source in use. Here's to a long slow slide down instead of a shock.

    91. Re:How is this not a good idea? by dbIII · · Score: 2

      The steel bit isn't quite like that - US steel became a protected industry with almost zero innovation so when gaps opened (like the loophole that let the Chinese contruction steel in) just about anybody on the planet could undercut the bunch of lazy idiots running most US steel companies. That's one of the reasons a lot of manufacturing requiring steel moved to Mexico then other places. The US steel industry priced itself out of the game just like the US cane sugar industry, and protection just made them more lazy such that it was impossible to compete without it. I was in the steel industry for a little while in the early 1990s and got to see some of that train wreck happening on the other side of an ocean (and a different trainwreck at home that was almost as stupid).
      If there really was a subsidy (maybe there was but it wouldn't have been needed due to the high price of US steel) it would have been a case of two governments each trying to prop up the same industry and a game of chicken with whoever blinks first losing and the taxpayers and consumers as the real losers.

      Personally I think the US steel industry commited suicide for the sake of some short term profits and the US government handed them the bullets.

    92. Re:How is this not a good idea? by dbIII · · Score: 1

      Ah, so Mr "earth is a space colony too" has chimed in and would like to pretend the economy is the same as it was before 2008.

    93. Re:How is this not a good idea? by dbIII · · Score: 1

      So? It used to be Mexico.

    94. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      First off, companies like Solendra were very much Republican based. There initially were granted money from W...

      Sorta. The deal was initiated under W, but after analysis of the company, which is routine procedure during the process, they predicted the company would go under after not too long, and thus it was not a wise investment so the deal was killed.

      Obama ignored the analysis and pushed for giving them money anyway even though it was against protocol, and they went under in the EXACT month the analysis predicted.

    95. Re:How is this not a good idea? by Mindcontrolled · · Score: 1

      That's pretty much the standard view of peak oil theorists - see Kunstler's slow decline. I am not particularly aware of anyone with reason who does not subscribe to thath model. Haven't seen any current shock theories with regard to peak oil.

      --
      Ubi solitudinem faciunt, pacem appellant.
    96. Re:How is this not a good idea? by Mindcontrolled · · Score: 1

      To add: It's "the long emergency" in Kunstler parlance, if I am not mistaken.

      --
      Ubi solitudinem faciunt, pacem appellant.
    97. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      Just exactly how much do you want to pay for a gallon of gasoline?

      25 cents a gallon just like 1972

      I want non gmo corn fuel that isn't going to RUIN my fucking 36 tousand dollar car.

    98. Re:How is this not a good idea? by dbIII · · Score: 1

      Fuck the theories - it's a point on the curve of extraction versus time so people's baggage that pretends it is something different can go to hell.

    99. Re:How is this not a good idea? by davydagger · · Score: 2

      china's "economic freedom" in reality is a joke.

      They are allowed to abuse workers more, but the state controlls, subsidizes and determines who and who cannot run a company more.

      They promote chineese companies, subsidize ecnomicly strategic industries, and than tax, or harrass foriegn competition. You know what? It works great for them.

      Letting china take over solar like they are doing now, with government subsidises is a giant mistake, from an economic standpoint.

      China is not full of stupid people.

    100. Re:How is this not a good idea? by drinkypoo · · Score: 1

      We have been giving welfare checks to oil companies since Rockefeller owned the government. Having that money shifted to clean energy might actually decrease the deficit.

      There is no need for that, because we already know how to make Green Diesel from algae feedstocks, which the USDOE said should be profitable by the time diesel retailed at $3/gallon. It only works if you can get BLM support for it on the same scale that you do for strip mining or clear cutting. We also know how to make Butanol, a 1:1 replacement from gasoline, by turning bacteria loose on literally any organic material. We're not doing that because Butamax, a shell company for BP and DuPont, is holding the patent needed for practical production — developed in part with your money and mine at a public university.

      More redistribution of wealth will not even begin to help the actual problem, protectionism. As long as Big Oil enjoys massive government protectionism, nothing you can do will change anything. We already have the technology. What we lack is the will to force our government officials to do the job they were elected to do.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    101. Re:How is this not a good idea? by drinkypoo · · Score: 2

      I love how tax breaks are referred to as "subsidy". It's not just this article, but it's still funny every time I see it.

      How are they not a subsidy? What's the difference between a tax break and paying your full taxes and then getting a check back? Answer, nothing whatsoever.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    102. Re:How is this not a good idea? by texas+neuron · · Score: 1

      Get back to me when Tesla makes a dollar of profit.

    103. Re:How is this not a good idea? by MightyYar · · Score: 2

      The difference is in one case you are giving someone money and in the other you are not taking their money. Yes, the math works out the same, but the method is important. I suspect people use the word to make it seem like the government is actively propping-up the entity, like welfare.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    104. Re:How is this not a good idea? by microbox · · Score: 1

      The point is that this is just more money being pissed away while we go into a hole at a rate of around 100 billion dollars a month

      You're not listening to what the GP said. I'll repeat. Please read and understand this. if private enterprise had the success record of Chu, they would be lauded as being one of the most successful investors of all times.

      --

      Like all pain, suffering is a signal that something isn't right
    105. Re:How is this not a good idea? by MightyYar · · Score: 1

      Here's the thing I don't get. What makes you think we're shirking that responsibility? Because we can shovel a few billion more dollars down a dark rathole?

      I didn't say we were shirking our responsibility. Level of funding is a very subjective topic - I was just defending the practice. I think government support of education and research is important.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    106. Re:How is this not a good idea? by microbox · · Score: 1

      But for every Fisker, A123 or Solendra, you'll get the occasional success - say, Tesla. I for one can't wait until they begin to make electric cars below 20 grand.

      Not occasional. The DOE investments were, on the whole, highly successful.

      --

      Like all pain, suffering is a signal that something isn't right
    107. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      Ideas that are new in science will allways be risky. As is true in business, 75% of businesses fail the first year. Costs are usually higher when trying out new things. I would suggest that this fund be bigger. If the US Federal Government was to invest the capital expenditure to promote the conversion of plastic waste (37,000,0000 tons of it produced each year in the US alone), Our investment would be returned in ONE year and it would generate millons of gallons of sellable fuel oil per year, reduce ocean waste, and generate over an approx 60 Billion in income over 10 years conservative estimated life expectancy of the equipment that processes the plastic. DON'T take my word for it look at my article under the "alternative energy" top menu under the subject paying for at air carbon capturerawcell.com. I would paste the whole URL but I am typing on a small phone. Sorry for the inconvenience!

    108. Re:How is this not a good idea? by MightyYar · · Score: 1

      What do you plan to use to move our cars around, if not electricty?

      I don't really care. I can imagine a process of storing energy that is more efficient than batteries could be invented. And don't discount the cost of infrastructure - it is not free to replace all of our gas stations with quick-electric charging stations (or hydrogen stations, or LPG, or CNG, or LNG, etc). Imagine a factory that sits next to a nuke plant, solar plant, or wind farm. This factory sucks carbon out of the air, and nabs hydrogen from water, and puts together hydrocarbons in some efficient manner. Then you send it through a pipeline to existing refineries and distribute it with existing gas/diesel infrastructure. It would also feed the existing petrochemical industry.

      Pipe dream? Maybe. But one could say the same about a battery technology that is affordable and allows a roughly 10-minute meaningful charge time. Even if such tech were invented, it would need to be affordable and require massive power feeds to charge stations, which may or may not coincide with existing gas stations sites. Apartment and street-parking solutions would need to be considered as well - remember that more than 30% of housing is rented, and many owner-occupied units have no on-site parking. Even for homes with a driveway or garage, many people will need to upgrade their electrical systems. I'm "lucky" because a tree fell on our power main and when the service was replaced they upped (downed?) the wire gauge. :)

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    109. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      If Tesla is the "BEST" example you can come up with shut the whole damn thing down NOW!!!!

    110. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      Right, because my tax money should be given to billionaire Elon Musk (Tesla) to make electric cars for rich people. I have no problems with Elon Musk, but let him use his own money to fund luxury electric cars. The government is not getting any of the knowledge or tech transfer from funding Tesla that it gets from even the smallest scientific start-up awards. Anyone's insistence that this is a Rep or Dem problem is blinded by the fact that it's a Capitol problem - our money goes to dubious projects to help whoever is in office curry favor and generate press releases. We can sit around blaming the other party, or we can wake up to the realities of D.C. and work to change them.

    111. Re:How is this not a good idea? by khallow · · Score: 1

      Rumsfeld is an idiot. He tripled the cost of basic military needs by doling them them out using the legendary US government contracting system. Oh look, I just found a few thousand Solyndras.

    112. Re:How is this not a good idea? by khallow · · Score: 1

      What equations? There's been a lot of yapping over the years about solar power. What I hear repeatedly is that it becomes competitive with the usual stuff at around $1 per watt.

    113. Re:How is this not a good idea? by khallow · · Score: 2

      Do you know what a LOAN is? It isn't a handout/subsidy.

      Do you know what a LOAN GUARANTEE is? It's not a loan, it's a handout/subsidy.

    114. Re:How is this not a good idea? by khallow · · Score: 1

      I think government support of education and research is important.

      Do you have a reason why you think that? I'm serious here. I keep hearing about how we should as a society shovel a bunch of money into education, R&D, etc, but nothing on whether we're getting value for that money.

      The US is funneling tens of billions in education and science. But there's evidence that we're getting less for our money than if we didn't. For example, massive student loan subsidies just seem to create an overpriced college system combined with a generation indentured to the worst loan conditions in the US. I call that a net loss since I don't believe those costs are worth a few more college graduates.

      Similarly, the US pays more per student, adjusted for cost of living (PPP) than all but a few countries and gets worse educational outcomes.

      R&D is notoriously inefficient such as burning around $150 billion on the International Space Station, the meaningless and overpriced search for yet more alternatives (or slight variations on what is already known) to fossil fuels, or creating a culture of dishonesty in academia in order to get that federal funding.

      Now at one time, public schools were a pretty good deal in the US. And the US government, via the land grants given to universities in the 19th Century, did help pave the way for today's prosperity and knowledge. But I think we're past the best days of US education and R&D. Throwing money at researchers and students just results in academia evolving into a rent seeker, another parasite specialized in acquiring public funding not knowledge.

      What do I think would make things better in the US? First, eliminate student loan subsidies outright. They are harmful to us. Also drop the onerous bankruptcy conditions of student loans. That will result in a lot of bankruptcies, but it's better than the current state.

      Second, decrease the US's reliance on dysfunctional and ideologically ridden public schools. I favor school vouchers for this reason.

      Third, reduce or eliminate all federally funded R&D which doesn't further a federal duty such as national defense or insurer of last resort.

      Fourth, encourage private investment in R&D. Perhaps, a small tax rebate subsidy for R&D (on top of the usual treatment of it as a business expense).

    115. Re:How is this not a good idea? by khallow · · Score: 1

      Ah, so Mr "earth is a space colony too" has chimed in and would like to pretend the economy is the same as it was before 2008.

      Seriously? What meaningful change has happened since? I see mostly the same people, the same resources, and the same infrastructure as before. The global real estate crisis is just the latest in a long line of recessions that the economy routinely suffers from.

    116. Re:How is this not a good idea? by Tamerlin · · Score: 1

      So, to anser your question "How is this not a good idea?" The track record is this will be a slush fund to reward his friends and accomplish nothing useful. Corrupt politics and corporate cronyism at its finest. Nothing to do with "socialism", just plain theft.

      It sounds like you've been suckered in by the republican propagandists and idiots like Rush Limbaugh. You definitely should do some more research both into where that money went, where the industries it supported are going, and how many of them were successful launches. Then maybe compare it to history, because if your logic were valid, then Datsun's demise implied that the auto industry was doomed.

    117. Re:How is this not a good idea? by Tamerlin · · Score: 1

      Agreed. The real problem with our system is that the currently dominant companies are using their pet politicians to prevent the system from doing exactly what it did to enable them to get to where they are now. The big oil, auto, (etc) companies got their starts with government subsidies, but they're still collecting those subsidies and working to prevent startups from having access to them, because those startups threaten their dominance. They're now twisting the system to prevent it from doing for someone else what it did for them.

    118. Re:How is this not a good idea? by khallow · · Score: 1

      500 million is a drop in the bucket of things you should be worried about, and, again, was a very minor loss in a pool of successful choices.

      "A billion here, a billion there, and pretty soon you're talking real money." There are a lot of such drops in the bucket, but I bet many hundreds or perhaps thousands of these were justified on the same basis. They are just drops in the bucket, but there are enough of them to matter to the big picture.

      And seriously, what in the world do you mean by "success"?

      This is just like the 32 million dollar muffins that the DOJ was buying each year and the news made a big deal about.

      Again, maybe you need to get some perspective. Part of correcting government is not to focus on just the big items (eg, the big three, defense, Social Security, and Medicare), but also all the little expenses that squander vast sums in themselves. No half a billion dollar Solyndras or 32 million dollar muffins.

      80BN in yearly oil subsidies for an archaic and dangerous system that is already highly profitable?

      By all means, end those subsidies, but do so in a fair manner so that all businesses lose those subsidies.

      Tornadoes in Teacups. You will forever be upset until you gain a grasp of the words SIGNIFICANCE, MAGNITUDE, etc.

      US median income for a household is a bit over $50,000 per year. Solyndra's loan was the income of ten thousand such households. It's a big (I'd say even "significant") teacup.

    119. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      Enough droplets and the bucket is full. They've done such a wonderful job so far with regards to energy, why just yesterday I paid $4 gallon and yet consumption is down and we're awash in domestically produced oil.

    120. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      Mod parent up! I'm against whoever is for WASTE. A failed business could be a Democratic failure or a Republican failure. I don't want my tax money going to fund it!

    121. Re:How is this not a good idea? by WindBourne · · Score: 1

      And yet it was shown that China did subsidize and dump. However, I agree that our industry was pretty stupid.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    122. Re:How is this not a good idea? by Gen_Music · · Score: 1

      And this is why we're still in this mess. People bickering over jobs when the reality is that if we (the Western world) make it China will clone it anyway and there won't be a damn thing we can do about it. Don't see why we can't turn their tactic on them seeing as they need our trade so badly now.

    123. Re:How is this not a good idea? by khallow · · Score: 1

      We can make moderately good predictions as to what the long term environmental impacts of global warming will be under various CO2 production scenarios.

      But which environmental impacts will actually happen? And how much will those impacts actually cost?

      We can also make reasonable predictions as to the economic economic impact of loss of farmland, increasingly violent weather, etc. will be.

      We can, but it's worth noting here that we aren't. Instead, the most alarmist predictions are being brought forth for political reasons.

      It's worth noting for example, the timing of research announcements around the recent climate change conference in Doha. A large number of alarmist predictions were made prior to the meeting while the milder predictions and corrections of such research were announced afterward. It's a classic propaganda technique. And I imagine the next time someone needs a few tens of billions a year (which might be next year's conference), this phenomena will pop up once again.

    124. Re:How is this not a good idea? by Gen_Music · · Score: 1

      ^^^^^ Precisely right!

      This needs more mod points, because it's exactly what happens when a western company gets a monopoly or finds another reason to stop competing. they forget about the Eastern entities that then come and destroy them. Apple are experiencing it right now.

      You can talk all you want about sweat shops but don't think for a second those sweat shops wouldn't be here if there wasn't legislation against it. I personally think if we started printing money like no tomorrow to devalue the market, then eliminated minimum wage, prices would come tumbling down in lieu of the reduction in wages, causing no effect over here bar a massive increase in jobs, but completely murdering the Chinese expectancy of superior buying power here and thus the exports.

      You can substitute this whole method for tripling of import taxes to the same effect if you want.

    125. Re:How is this not a good idea? by joocemann · · Score: 1

      So, to be an honest critic, you'd spend a few thousand times more effort on that topic since you're the cash avenger.

    126. Re:How is this not a good idea? by locopuyo · · Score: 2

      Almost all of those green energy investments actually are working out. More than 95% of them are.

      [citation needed]

    127. Re:How is this not a good idea? by joocemann · · Score: 2

      As a veteran, using a home loan guranatee, I know first hand that if I default, I will owe the government.

      The loan guarantee means they back it, not that it is free. Look it up. They collect.

    128. Re:How is this not a good idea? by joocemann · · Score: 1

      Complain to exxon. The gov doesn't set fuel prices. They rape you because they know you need it.

    129. Re:How is this not a good idea? by lsatenstein · · Score: 1

      His first term he put $80 Billion towards this. You will remember great hits like Solendra, A123, and Fisker. The list of companies getting the money from that original program read like a whos-who of campaign donors. Many of the companies went bankrupt quickly after getting the federal money and none of them produced anything usable.

      So, to anser your question "How is this not a good idea?" The track record is this will be a slush fund to reward his friends and accomplish nothing useful. Corrupt politics and corporate cronyism at its finest. Nothing to do with "socialism", just plain theft.

      ===
      I have to ask one question. "What is the main business of the Oil and Gas Industry?" My answer would be Energy. And if it is energy, who better to tax and fund research as Oil and Gas energy that will become more and more expensive to extract, becoming unaffordable to the average consumer. It may be a slush fund for the Energy sector, but bottom line, is that purchases of foreign oil and gas will drop substantially, while it is replaced with clean energy. The beneficiaries will be the Energy companies, the American people as cash stays inside the country, and ultimately, the consumer.

      I think his idea is a good one and should be implemented. Unfortunately it will be rejected by the Republicans because it is NIH, (not invented here) and the corporations who only look for short term gain and only do "today planning".

       

      --
      Leslie Satenstein Montreal Quebec Canada
    130. Re:How is this not a good idea? by canadian_right · · Score: 1

      Does all your valid points about the Chinese's unfair business practises mean you will stop buying cheap Chinese made goods? It seems most Americans, voting with wallet, have no problem at all with Chinese business practises. In fact, I have read that many American companies put making a profit ahead of all other considerations. Are you saying all these companies should start making much more expensive goods because it is the morally right thing to do?

      --
      Anarchists never rule
    131. Re:How is this not a good idea? by khallow · · Score: 1

      As a veteran, using a home loan guranatee, I know first hand that if I default, I will owe the government.

      If you're defaulting on the loan, then the US government just inherited a bad loan and there's a good chance you'll never fully pay it back.

      The loan guarantee means they back it, not that it is free. Look it up. They collect.

      They're not going to collect much on the Solyndra loans.

    132. Re:How is this not a good idea? by khallow · · Score: 1

      Why do you think I'm not? My criticism of Solyndra furthers my criticism of how the DoD works. They're part of a whole.

    133. Re:How is this not a good idea? by Sarius64 · · Score: 1

      Bullshit. Limited markets controlled by governments do set the fuel prices. But actually it's not surprising considering people still pay thousands of dollars for diamond because DeBeers says they're "rare".

    134. Re:How is this not a good idea? by Sarius64 · · Score: 1

      As a veteran, using a home loan guranatee, I know first hand that if I default, I will owe the government.

      If you're defaulting on the loan, then the US government just inherited a bad loan and there's a good chance you'll never fully pay it back.

      The loan guarantee means they back it, not that it is free. Look it up. They collect.

      They're not going to collect much on the Solyndra loans.

      Sure they will! When it comes time for the new Presidential vote Democratic party members will have those donations backing the buses that pick up all the mental patients for voting.

    135. Re:How is this not a good idea? by rhalstead · · Score: 1

      People keep confusing the issues with Solyndra and making into right vs left The problem with Solyndra is tha Obummer's own people told him not to do it. They were risky and likely to go under, but he ignored his own advisers and gave them the money any way after being told they are likely to fail. The other reason is that one of Obama's and the Dem's top contributors was a top investor in Solyndra.

    136. Re:How is this not a good idea? by Sarius64 · · Score: 1

      Yes, you also have thugs murdering a disarmed populace in their homes. Fuck you.

    137. Re:How is this not a good idea? by crutchy · · Score: 1

      i'm pretty sure there are lots of dangerous chemicals in the ground already (where do you think we get the mercury from in the first place?)

    138. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      here, here

    139. Re:How is this not a good idea? by M1FCJ · · Score: 1

      F-16 getting old and being a lawn dart... The only air to air combat loss of an F-16 I can remember was a dogfight between two NATO countries: Greek Mirage won, Turkish F-16 lost. That's one lawn-dart we should be buying more.

    140. Re:How is this not a good idea? by MightyYar · · Score: 1

      Do you have a reason why you think that?

      Yes.

      First, education. I do not believe that democracy can work in the long-term without a well-educated populace. Because I also believe in universal suffrage, I'm kind of boxed-in to providing a quality education to all Americans... otherwise we are Venezuela. I actually have come around to believe that we should probably extend our public school education another two years and make an associates degree the new high school diploma. It would be expensive and disruptive, but I think it is necessary. To your points, once we've done that, we can probably kill the student loans, or at least rethink the program. I also agree that our public school system needs reform - even down to the funding level. I like the idea of vouchers, though I would like to see the funding move to the state level - not just make the local government spit out voucher dollars while ALSO requiring them to run traditional public schools. I also recognize that some public schools are very good, and I don't see a need to disturb them (though perhaps they have become too expensive).

      Research is a different matter. This is much more of a personal opinion - not fact-based. What is a fact is that certain things would not get much research money from the private sector - namely, things that probably won't lead to a profit: think supercolliders, space exploration, etc. It's also a fact that once you let government into something, you get all sorts of distasteful side effects. I personally feel that the research involved is important enough to put up with the waste, bureaucracy, market distortions, and outright slime and graft. We should, of course, always try to minimize that. I can totally see the other side of the argument, and admit it is reasonable enough... I just disagree :)

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    141. Re:How is this not a good idea? by dbIII · · Score: 1

      You have just made my point for me by showing how little you've been paying attention to the world around you.

    142. Re:How is this not a good idea? by hallkbrdz · · Score: 0

      Ironic since Obama's policies helped caused the spike in gas prices. Flushing more of our money (it is ours - profit comes from our pocket books) down the rat hole of "green energy" is a waste. When the market needs it, and it makes economic sense, it will sell itself.

    143. Re:How is this not a good idea? by WindBourne · · Score: 1

      First off, I work my ass off to NOT buy Chinese made goods. The reason is that the chinese gov is obviously in a cold war with the west.
      I prefer to buy American, but I have no issue buying from a western nation, or any nation that is not trying to bury us.

      And the problem with American companies is that they do NOT put profits first. What is going on, is that when reagan dropped the requirements that exec not own stock, it actively encouraged executives to get large stock options, run up short term profits thereby running up stocks and then sell their own options.
      Basically, all of the executives are destroying our companies and our nation just to get a small fortune for themselves.

      2 things that should be changed in American companies:
      1) require that executives (maybe managers as well) no longer own public-traded stock in the company or the industry. However, it should be encouraged for companies to provide employee stock and allow executives to own it as well as the employees.
      2) quit giving tax breaks to outsource the work to China. Seriously, that is just plain stupid.
      3) stop with all the tax breaks. Re-write our taxes dropping nearly all breaks/subsidies, and do a progressive tax on personal and corporate.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    144. Re:How is this not a good idea? by tragedy · · Score: 1

      It's still a hidden cost to the product they're producing, however. In this case, the cost is on the back end when the supply runs out well before it otherwise would have.

    145. Re:How is this not a good idea? by crutchy · · Score: 1

      you're confusing australia with america

    146. Re:How is this not a good idea? by dbIII · · Score: 1
      The minimum wage is not your problem because your shadow economy of immigrants (legal and illegal - the legal ones take years before they are allowed a full weeks work) undercuts it, rendering it pretty well irrelevant in a global comparison. The problem is simply that some industries are run very badly (eg. US car industry from almost post WWII onwards - I saw a new car in 1975 with a '36 chevy engine in it). There's not really that many industries where wages are the main constraint, we have automatic exchanges now instead of long rows of telephone operators.

      You can substitute this whole method for tripling of import taxes to the same effect if you want.

      Just as well, because it was a bad idea in 1204AD and still a bad idea, also protectionism can ruin the industries it sets out to protect. US Steel and US Cane Sugar are very heavily protected and look what happened to them - manufacturing moved to Mexico to get cheaper steel and foodstuffs got filled with enough corn based fructose to put your kids livers in danger.

    147. Re:How is this not a good idea? by khallow · · Score: 1

      What is a fact is that certain things would not get much research money from the private sector - namely, things that probably won't lead to a profit: think supercolliders, space exploration, etc.

      Many such things have been funded by the private sector, particularly, telescopes.

    148. Re:How is this not a good idea? by t0rkm3 · · Score: 1

      Solyndra is probably a poor example, as the primary shareholder was "THE" Obama fundraiser in the midwest and a powerful corporate force overall.

      He's also fervently anti-libertarian, anti-republican in local politics. Thank you Mr Kaiser!

    149. Re:How is this not a good idea? by WindBourne · · Score: 1

      And yet, the CEO who made all the decisions was a LONG time known hard core well connected republican. That is why he was approved for funding under W. And to be fair, Solyndra was actually a good bet. The problem is that China subsidized and dump on our market. Worse yet, the neo-cons insisted that all of our subsidies be open to all companies esp. China. Basically, the republicans wanted this to fail.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    150. Re:How is this not a good idea? by WindBourne · · Score: 1

      Only a loan went to Tesla. And it was, and remains, a great bet.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    151. Re:How is this not a good idea? by WindBourne · · Score: 1

      It never really was Mexico. Claiming that any of the west was Mexico is a lot like claiming that the moon belongs to America, or that Antarctica belongs to Argentina. Or Japan claiming that China belongs to them. The fact is, that Mexico had set up a number of forts because they were busy fighting the millions of native American Indians that were here. In fact, it was the new Spaniards that wiped out so many of them, not the American.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    152. Re:How is this not a good idea? by WindBourne · · Score: 1

      Solyndra? No. They will not. But on others, they already have.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    153. Re:How is this not a good idea? by khallow · · Score: 1

      Solyndra? No. They will not. But on others, they already have.

      The loans vary in duration, but some are as long term as thirty years. From page ii of the link:

      The requirements and limitations that the statutes and regulations impose on the Programs shaped the development of the Portfolio in several ways. As summarized below, the legal constraints caused DOE to create a portfolio that consisted of:

      [...]

      Credits of long tenor, approaching thirty years in some cases;

      I doubt anyone has paid back their section 1705 loans in full, but I'm willing to be disappointed.

    154. Re:How is this not a good idea? by MightyYar · · Score: 1

      Some telescopes are funded by philanthropy or higher education institutions, but you are typically talking about the millions of dollars as opposed to billions of dollars. Is it possible that the Higgs would have been found by some kind of private enterprise? I suppose. But I'm skeptical, since it took combined funding from Asia, the US, and European governments to actually get it built.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    155. Re:How is this not a good idea? by khallow · · Score: 1

      Is it possible that the Higgs would have been found by some kind of private enterprise?

      Of course. There's nothing magical about the money from "Asia, the US, and European governments" that makes it spend better than private sources. And there are a number of private sources already wealthy enough to donate that kind of money.

      Plus, you need to consider that the cost would probably drop significantly as one goes private. So instead of many billions you might have a billion dollars or less for a private equivalent. It would have less features, but it would be focused on developing new science rather than spending public funds.

    156. Re:How is this not a good idea? by MightyYar · · Score: 1

      here's nothing magical about the money from "Asia, the US, and European governments" that makes it spend better than private sources.

      There's nothing magical about it, but it exists.

      And there are a number of private sources already wealthy enough to donate that kind of money.

      But they haven't. And I don't think that they will. It cost $9 billion just to build the Large Hadron Collider. The largest philanthropic organization in the world is, I believe, the Gates Foundation, and they "only" distribute about $1.5 billion per year. So yes, the Gates Foundation could probably have financed that single physics project - but I've seen no indication that they would. There are many foundations supporting research, but mostly in the fields of health.

      Plus, you need to consider that the cost would probably drop significantly as one goes private. So instead of many billions you might have a billion dollars or less for a private equivalent. It would have less features, but it would be focused on developing new science rather than spending public funds.

      That is probably true in some fields (space, ahem). But I doubt you will do much better than they already do in high-energy physics, where most of the skilled labor is done by low-paid graduate students. I certainly won't argue that the government runs things efficiently - I don't believe that to be the norm. I will continue arguing that relatively inefficient government-funded research is better than no or little research at all.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    157. Re:How is this not a good idea? by Anonymous Coward · · Score: 0

      I certainly won't argue that the government runs things efficiently - I don't believe that to be the norm.

      No, it is the norm. The tests and metrics we have are biased that way.

      I'm not saying they're biased on purpose. We lack the practical means to be less biased

      See, it's easy to measure government (in)efficiency. Government sets relatively explicit budgets for these things. Information is relatively transparent.

      We can say [these] are the companies who received government funding. So we just look at [these] companies.

      With private sector, it's not so clear cut. Not every company is publicly traded or disclose their information publicly. Maybe some of that information would reveal trade secrets. Maybe some just want to maintain privacy. Maybe some were never asked because we don't even know about them. Maybe that millionaire playboy is secretly using his company's money to fund R&D into various hi-tech bat-themed gadgets, and he doesn't want the people of Gotham to know?

    158. Re:How is this not a good idea? by khallow · · Score: 1

      But I doubt you will do much better than they already do in high-energy physics, where most of the skilled labor is done by low-paid graduate students.

      I doubt most of the "skilled labor" is done by graduate students. Did they dig that huge ring out? Nope. Did they make the helium cooled superconducting stuff? Nope. Did they make the gear that constitutes the huge data crunching systems which the LHC uses? Nope.

      And as for your assertion that the LHC couldn't possibly cost much less than it does, it's worth remembering here that the private world has a long history of making do with much less than public funded programs do. The big reason is simply that it's their money.

      With public funded projects, they're burning Other Peoples' Money. There's little reason to care whether the eventual project costs one billion or nine billion dollars/euros, aside from the greater opportunity from the bigger project.

      As to whether Gates or someone else would bother doing this sort of project, it's worth remembering that a big part of Gate's effort was to make a difference. If he had attempted the LHC, it is likely that some government would have one-upped him just so that a rich billionaire wouldn't have the biggest toy. And they'd spend money like water to do it.

      But who cares if hundreds of millions of people have their lives improved by the removal of various common and crippling parasites? There's no government competition because there's no cool pyramid to gawk at.

    159. Re:How is this not a good idea? by MightyYar · · Score: 1

      And as for your assertion that the LHC couldn't possibly cost much less than it does, it's worth remembering here that the private world has a long history of making do with much less than public funded programs do. The big reason is simply that it's their money.

      Actually, my assertion is that it is worth it, even with government waste factored in. My assertion is that no one else will fund such a beast.

      I agree that they are burning other people's money. I agree that there is little repercussion for them if they go over budget. Where we disagree (I think) is that big science would progress at an acceptable rate without the government's money.

      But who cares if hundreds of millions of people have their lives improved by the removal of various common and crippling parasites? There's no government competition because there's no cool pyramid to gawk at.

      There is a ton of government money thrown at health. The NIH alone gets almost double the funding of NASA.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    160. Re:How is this not a good idea? by khallow · · Score: 1

      There is a ton of government money thrown at health.

      But not at those easily treated diseases and parasites in the Third World that the Gates foundation addresses.

    161. Re:How is this not a good idea? by MightyYar · · Score: 1

      Yeah, there's no denying that the Gates Foundation does some tremendous work. But the US government has a program called PEPFAR that focuses on AIDS, TB, and malaria. It is funded with about $12 every year, which is roughly 10x what the Gates Foundation distributes. The Gates Foundation dollars probably stretch further, but it is not correct to say the government is ignoring these issues.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    162. Re:How is this not a good idea? by khallow · · Score: 1

      But the US government has a program called PEPFAR that focuses on AIDS, TB, and malaria.

      It focuses on AIDS which happens to also be a developed world disease. The funding which happens to go in part to fighting malaria, goes to the The Global Fund to Fight AIDS, Tuberculosis and Malaria which was "seeded" in 2002 with funds from the Bill & Melinda Gates Foundation.

      So that Gates money not only goes far, it also channels one to two orders of magnitude more in public funds. I suppose that does indicate however that there are some Third World health issues where the politicians are willing to burn money in order to show up billionaires.

    163. Re:How is this not a good idea? by MightyYar · · Score: 1

      Like I said, kudos to the Gates Foundation. My mother-in-law worked for an NGO that was funded by them, and they really did a good job. It was a bit bureaucratic, but they really wanted to account for where the money went. A little money can go a long way in Africa, where even basic medical laboratories are not yet common.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    164. Re:How is this not a good idea? by amiga3D · · Score: 1

      The damn things fell out of the sky all the time without ever being shot at. It's one of the worst fighters ever built from the standpoint of crashes per flying hour. Single engine fighters are idiotic and should be banned for the sake of the poor pilots that have to fly them. The best thing about the Falcon was it was cheap, also the worst thing about them other than a tendency to crash.

    165. Re:How is this not a good idea? by sgt+scrub · · Score: 1

      The census, thus the link, does not include illegal aliens.

      --
      Having to work for a living is the root of all evil.
  2. So.... by Anonymous Coward · · Score: 1

    Will he stop the subsidizing of the oil companies?

    No? Well that seems like a few wasted steps in there to turn our money into funds for clean energy...

    I still can't believe you morons elected him. Twice.

    1. Re:So.... by AK+Marc · · Score: 4, Insightful

      I still can't believe you morons elected him. Twice.

      We elected Bush twice as well. You are just now noticing the voters are morons?

    2. Re:So.... by Black+Parrot · · Score: 1

      Will he stop the subsidizing of the oil companies?

      That was my thought: instead of relying on "revenues", just take the money being used to subsidize profitable energy companies and use it for the new-energy investment.

      --
      Sheesh, evil *and* a jerk. -- Jade
    3. Re:So.... by roman_mir · · Score: 1, Informative

      The reality is that majority of the voters are morons and that is exactly why democracy ends up as a failure as it slides towards more and more totalitarian oppressive government, since the mob votes away its freedoms in exchange of a promise of free lunch (free, only because the government promises to steal from somebody else to pay for it).

      At the end there is no free lunch, anything that government offers 'for free' ends up being the most expensive thing on the menu.

      There is a reason that every government program ends up in a disaster. From printing of money itself to any form of social welfare to housing to education to banking and obviously to energy. It doesn't matter what government does, all of it collapses as the fake money is pumped in, the system is first awash with money, so the government portion of the system grows beyond anything that the system would otherwise support in a free market. Then eventually the money train stops because that is what happens to all subsidies - they stop once the money run out. Of-course in the process the quality is destroyed, the prices are inflated, the free market is abandoned but it will get blamed for the inevitable final outcome, since the government always blames the free market for failures, that government actually creates.

    4. Re:So.... by Ironhandx · · Score: 1

      In this case he was actually better than the alternative. The choice in your last election wasn't a choice for most people, it was choosing the best of two bad options.

    5. Re:So.... by clarkkent09 · · Score: 1

      Be grateful for the Constitution that still protects us from the worst of moron stupidity, despite morons' best efforts to undermine it and expand the power of those who somehow manage to receive 51% of moron vote.

      --
      Negative moral value of force outweighs the positive value of good intentions.
    6. Re:So.... by Grayhand · · Score: 1

      Will he stop the subsidizing of the oil companies?

      No? Well that seems like a few wasted steps in there to turn our money into funds for clean energy...

      I still can't believe you morons elected him. Twice.

      And Republicans got the spending and subsidy king Bush elected twice. The deficit has been dropping since Obama took office, the stock market has recovered from the Bush disaster and unemployment is dropping inspite of a do nothing Congress lead by Republicans. Reality is an ugly thing, it's why you and other Fox News viewers avoid it like the plague.

    7. Re:So.... by Cyberax · · Score: 1

      "There is a reason that every government program ends up in a disaster. "

      Yeah. Cut the chase and say that we should just hang poor people and force children to work on factories. That'll be a paradise!

    8. Re:So.... by Anonymous Coward · · Score: 0

      Hm, what subsidy? The oil companies pay the highest effective tax rate of any industry.

    9. Re:So.... by mug+funky · · Score: 1

      you know, i wasn't buying your argument at all... but your mastery of bold tags swayed me.

    10. Re:So.... by roman_mir · · Score: 1

      No, you cut to the chase and talk about theft and redistribution.

      The poor are much better served by a free society, free individuals making their own decisions in a free market rather than by a democratic system that ends up growing the government power and destroying the market, which pushes investments out of the country (which is obviously what happened) and this means jobs and productivity, leaving an unproductive society overburdened with a huge government. Yeah, that's good for the poor - an abundance of government officials and lack of productive capacity. Let's see how quick they turn on each other once they have nothing to eat and they ate those, who still produced and didn't manage to escape in time. As if that never happened before.... even in a country you came from.

    11. Re:So.... by will_die · · Score: 1

      What extremist kook site are you watching,
      Federal spending and federal deficits have both increased sharply under President Obama. In fiscal 2008, the last full fiscal year before Obama took office, the federal government spent $2.9716 trillion. In fiscal 2012, the federal government spent $3.538 trillion.

      In fiscal 2008, the federal deficit was $454.8 billion. In fiscal 2012, it was $1.2967 trillion. In the real world President Obama did not reduce the federal deficit. He increased the annual deficit by $841.9 billion.

    12. Re:So.... by Anonymous Coward · · Score: 0

      And Republicans got the spending and subsidy king Bush elected twice. The deficit has been dropping since Obama took office, the stock market has recovered from the Bush disaster and unemployment is dropping inspite of a do nothing Congress lead by Republicans. Reality is an ugly thing, it's why you and other Fox News viewers avoid it like the plague.

      Adding 6 trillion to the national debt and unemployment has dropped 0.1% (7.8 to 7.7) since Obama took office over 50 months- yes, reality IS ugly. And Obama had a democrat *super* majority in Congress for 2 years, and still couldn't even pass a budget just like he can't now...

    13. Re:So.... by mvdwege · · Score: 1, Flamebait

      There is a reason that every government program ends up in a disaster.

      And once again a libertard posts this screed using a network designed in a government program, using a protocol designed in a government program to exchange documents.

      That you are smart enough to not forget to breathe is a miracle.

      --
      "I know I will be modded down for this": where's the option '-1, Asking for it'?
    14. Re:So.... by roman_mir · · Score: 0

      "libertard" makes for a good argument on /.

      Yes, 16 Trillion in funded and 222Trillion in unfunded liability debt was worth the TCP/IP, because obviously the free market wasn't capable of coming up with its own networking protocol.

      Except that the free market came up with all the protocols that it needed at any moment in time, from telegraph, radio, phone communications to TV, cellphones, all the other stuff. Yes, the free market is incapable of coming up with protocols.... dumb shit.

    15. Re:So.... by gtall · · Score: 1

      Let's visit the FDA, they prevent Joe's FIsh Bait and Heart Disease Pills from selling you death in a bottle. OSHA prevents your employer from introducing those innovations that can kill you. NiH performs and funds research on disease that might actually kill people, such as you. NTSB does the investigations on airline crashes that help prevent your ass from falling out of the sky because the airlines cut a few corners. The list goes on, take off your blinders.

    16. Re:So.... by cyberchondriac · · Score: 1

      What difference would it have really made? Like Gore/Lieberman or Kerry/Edwards would've been any better? McCain/Palin? I'm starting to feel like we're just along for the ride. Until this country gets over the partisan attitude, which may never happen, we're stuck between a rock and a hard place, as moderates will get shunned as being "too much" like "the other guy".

      --

      Look back up at my post, now look back down, you're on the Internet. Now look back up. I'm a signature.
    17. Re:So.... by AK+Marc · · Score: 1

      It wouldn't have made any. The Irony is all the people that voted for Bush term 2 complaining about Obama term 2. It wasn't "but the Republicans are just as bad" it's "regardless of who wins, the voters are dumb."

    18. Re:So.... by Sarius64 · · Score: 1

      Hold on, let me look up the record of your last six months of phone transcripts. You know the ones that Bush 3 broadened the scope of on a permanent basis. /sadly too close to the truth for even sarcasm

    19. Re:So.... by Sarius64 · · Score: 1

      Will he stop the subsidizing of the oil companies?

      No? Well that seems like a few wasted steps in there to turn our money into funds for clean energy...

      I still can't believe you morons elected him. Twice.

      And Republicans got the spending and subsidy king Bush elected twice. The deficit has been dropping since Obama took office, the stock market has recovered from the Bush disaster and unemployment is dropping inspite of a do nothing Congress lead by Republicans. Reality is an ugly thing, it's why you and other Fox News viewers avoid it like the plague.

      Yeah, I'm sure your great-great grandchildren will appreciate your morals asshole. Keep blaming the Republicans, that solves everything. I bet it even recovers the debt with Obama magical unicorn pixie dust.

    20. Re:So.... by Cyberax · · Score: 1

      I am for redistribution. So?

      As for poor people - a 'free' society results only in exploitation. That's been true in all cases it's been tried.

    21. Re:So.... by roman_mir · · Score: 1

      Wrong, free society ends up in lifting all people out of poverty and oppressive regime, be it socialism or fascism ends up destroying the wealth and forces people into poverty.

      There were not as many poor people in tsar's Russia in 1900 as there were in 1930 in Soviet Union.

      Through the entire 19th century, Russia didn't have as many poor, sick, murdered people, didn't have as many people die in wars as in the Soviet Union's first 40 years in business and that is excluding the WWII.

      Socialism is theft and redistribution, but it requires plenty of murder, so when you tell that you are for redistribution, that's what I see - a murderer.

    22. Re:So.... by Cyberax · · Score: 1
      No it doesn't. We have tons of examples. Only when ordinary people unite and claw back some of their earning back, we sometimes have something that approaches a decent society.

      There were not as many poor people in tsar's Russia in 1900 as there were in 1930 in Soviet Union.

      That's debatable. Also, your example of tsarist Russia is pretty fun - it was definitely NOT a free society. No freedom of press, no democratic government, official class society, etc.

    23. Re:So.... by mvdwege · · Score: 2

      And once again, when called on your idiocy, you move the goalposts. You literally said that every government program ever failed, yet using a network designed in a government program. It matters not what you natter on about the current budget or whether or not the private sector could have done it, your point is disproved.

      And that is why you are a libertard. Plus the fact that you can't distinguish an insult from an argument.

      --
      "I know I will be modded down for this": where's the option '-1, Asking for it'?
    24. Re:So.... by roman_mir · · Score: 1

      No it doesn't. We have tons of examples. Only when ordinary people unite and claw back some of their earning back, we sometimes have something that approaches a decent society.

      - 2 wrongs.

      1. By decent society you mean society that gives the power to the majority to enslave a minority. That's not decent at all.

      2. We do have tons of examples where destruction of freedoms leads to fewer and fewer people in that minority that actually produce, because the majority punishes them by turning them into slaves. Over time you punish people enough, there are very few people left who produce anything, and it looks like at some point it becomes impossible to produce unless you are also part of the government. So by punishing successful people by stealing from them to create what you call 'decent' (and I call the thieving murderous mob), you end up with the toughest cases of the productive people left, who at this point are fighting for survival on the same terms, you can even create murderous thieving productive people, you can weed out the majority of productive people from society and be left only with a ridiculously tiny minority that are both, connected to the government and will not at anything to survive and given that they have productive capacity that the rest don't, that's quite a dangerous combination. Of-course on the bottom of the earning potential ladder you now have a giant number of very dissatisfied crowds, and at some point this leads to war.

      As to tsarist Russia, I argue that a system under any king or tsar is FREER than any type of socialism or fascism, that's because a tsar is a singular entity and all the anger of the productive crowd can be aimed at him personally.

      That's why tsars and kings never stole more than 10% of income from people, but under a democratic system, the system itself is not a singular person that can be punished. It's a faceless system of raw power exercised against an individual person. Under such system it is possible to steal EVERYTHING from people and the people still don't know who to turn their anger to, who to kill basically to stop this oppression and injustice.

      Under that scenario the country has to fall apart, go through restructuring of the entire government system to get rid of the thieving murdering socialist or fascist thugs that run the place, and this takes power away from government and gives it back to the people.

      No, the kings and tsars are not the paragons of freedom obviously, they can steal, kill, torture, but they can't do this to all the productive people in the population. Actually tsars had federal power while various feudals had regional and local power. So a feudal would even have his own slaves basically, and the king wouldn't exercise his own power over the slaves of the feudals. "Vassal of my vassal is not my vassal", so to speak.

      A feudal owned the land and the people on it unless they could buy freedom from him, but again, this was a self-correcting system which never produced the bloody outcomes of socialism or fascism, it was not a completely centrally governed society. A feudal that treated his slaves with too much contempt could be taken down and killed and that happened. Of-course the people doing it better be prepared to fight off other neighbouring feudals, who would see that as a threat to themselves. OTOH it was possible to remove the injust government locally by killing them and the feudals knew it.

      Again, they could not impose the same type of regulations and taxes on their own people that the people supposedly 'accept' under a socialist or a fascist system!

      Socialism and fascism murdered tens to hundreds of millions of people in the 20th century and it's not over yet. It will continue in this century, as the socialists are losing grounds to their own desire for a subsidy, and in this global world they are not going to be able to enslave the productive people that easily anymore and so they will be left WITHOUT MEANS TO EAT basically, because they

    25. Re:So.... by roman_mir · · Score: 1

      All government programs have failed. They have all failed as the total sum of what the government caused has failed. The US government has failed in totality. The country is bankrupt.

      Now, yes, there are some things that government did that the free market picked up and used for some useful purpose. Why shouldn't that happen? The money is already spent, it's out there.

      Was it worth the money? No. Just like the money should not have been spent on the moon landing program, it should not have been spent on any of these: SS, Medicare, Medicaid, dep't of energy, dep't of education, dep't of agriculture, dep't of interior, commerce, HUD, FHA, FDA, EPA, FBI, obviously FDIC, Fed, IRS, etc.

      The country has failed because it went the wrong way, it gave the government the ability to completely go outside of its boundaries, of its limitations to the authorisation imposed by the Constitution.

      The government has failed and you can't now say: oh, but that program resulted in something that became useful to somebody for a different purpose (obviously DARPA was just another MILITARY program).

      One thing that USA Federal government DOES have authorisation to do is to provide security against foreign invasion, and so some level of military spending is what the government is supposed to do Constitutionally, so DARPA falls under that, under what the government should be doing in the first place. Basically the only thing that the Congress is authorised to raise taxes for.

    26. Re:So.... by mvdwege · · Score: 1

      You are obviously too stupid to see that you are contradicting yourself.

      I've played enough with the idiots today. See you next time.

      --
      "I know I will be modded down for this": where's the option '-1, Asking for it'?
    27. Re:So.... by roman_mir · · Score: 0

      Obviously you are the one who can't see the obvious: all government programs have failed, all government programs are part of 1 government. The biggest programs failed on their own, like SS, Medicare, Medicaid, education, energy, food, FDA, EPA, FDIC and Fed (the moral hazard that caused the inevitable 'too big to fail problem), HUD and FHA and F&F.

      Those are the programs that drove the entire economy into the gutter. Clearly government has millions of tiny things it does and pointing out something completely irrelevant does not negate my main point - the government has failed in totality as all of its biggest money draining programs have failed.

      Even TCP/IP would have been completely IRRELEVANT and thus a part of this bigger failure (and USA military is also a failed program, because it cannot be paid for without foreign money! way to run your military)

      The only single saving grace for TCP/IP was that it was picked up by the free market and used as a protocol, which again, was never worth a failed economy in the first place. The free market invented enough protocols without failing the economy.

      So while you can say anything about me, the idiot here is the one who doesn't see the forest for the trees, that would be you.

    28. Re:So.... by damn_registrars · · Score: 2

      society that gives the power to the majority to enslave a minority

      First of all, I am being extremely generous to you by saying that you are not even close to accurate with your sense of what "enslave" means.

      Second, the scenario you have been advocating for some time here on /. does exactly the opposite of what you claim the current scenario to do - you want to enslave the majority (well over 90% of the population) to give power to the minority (less than 1% realistically). Such a switch would truly exchange fictitious slavery for actual slavery.

      Third, you are an idiot and a coward. You substitute your religious beliefs for an actual argument in the hopes that your fascist dream state would - completely contrary to all logic - favor, rather than abuse and enslave, you.

      --
      Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
    29. Re:So.... by Anonymous Coward · · Score: 0

      Funny. I had about a half-dozen candidates on my ballot.

    30. Re:So.... by mvdwege · · Score: 1

      Even TCP/IP would have been completely IRRELEVANT

      But it wasn't, so your entire diatribe is irrelevant, because it is not based on anything resembling sound facts. Idiot.

      --
      "I know I will be modded down for this": where's the option '-1, Asking for it'?
  3. Tried and failed ... so lets do it again. by Anonymous Coward · · Score: 1, Insightful

    So-called 'green' energy (which happens to not be very environmentally friendly once production and disposal is included) isn't ready for prime time and trying to force an evolution in the technology by blindly throwing money at it is a case study in insanity. All you are going to do is hurt people by making every day living more expensive for little to no gain. It will happen organically on its own, it doesn't need government intervention.

    1. Re:Tried and failed ... so lets do it again. by Anonymous Coward · · Score: 1

      But it works in Civilization!

    2. Re:Tried and failed ... so lets do it again. by Immerman · · Score: 1

      Admittedly traditional solar panel manufacturing has some toxic byproducts, but considering that most of the "easy" fossil fuels are pretty much gone and we're now resorting to things like fraking and strip-mining tar sands under Canada's pristine wilderness areas to feed our addiction the environmental picture is fast tilting very firmly in favor of solar. And unless I missed something solar is the only green energy that has a first-order environmental footprint notably worse than any other product.

      And sure, as we move towards more and more difficult fossil fuel extraction the move towards renewables will happen organically - but pretty much every expert on the subject is telling us we're already committed to some rather severe climate change over the next century, even if we stopped all fossil fuel use today. If we wait until fossil fuels start getting *really* hard to extract (I think I've heard 50-100 years, assuming we go full-bore coal production) we're going to have a massive international land grab for Antarctica as the new breadbasket of the world.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    3. Re:Tried and failed ... so lets do it again. by Anonymous Coward · · Score: 0

      According to most of what was said the polar bears should all have drowned by now. It's all flawed reporting and guesswork ... even the UN climate report has pointed out how greatly overestimated the so-called man-made global warming and buried in the 11th chapter of the report is the admission that solar affects were largely ignored and are the largest contributor to the warming during the late 20th century.

      I swear, this is just a new evolution of the medieval flagellant movement. They want to cause themselves pain and suffering because they want to change something they do not fully understand. No one has solved the simple equation of how much CO2 it takes to raise the global temperature by a degree of temperature, so no one can say honestly what affect man has on the environment and what levels of CO2 release is too much. We can, however, prove that all these regulations and green-initiatives cause harm to people and families as there are fewer jobs, less pay, and everything is more expensive.

      Why can't we say, "We'll keep an eye on it why you work out the details" and just live life until we know what it is we actually have to do and at what levels.

    4. Re:Tried and failed ... so lets do it again. by crutchy · · Score: 2, Insightful

      if you want progress, you MUST make dirty technology more expensive than green technology... that is the ONLY way, and that has not happened

      it won't happen organically... that is an ignorant farce and shows a lack of understanding of how businesses think

      if we don't artificially make dirty tech more expensive, then it will only happen when dirty tech becomes naturally more expensive (when oil and other resources become more scarce... hence more expensive)

      the problem is if you wait for depletion to drive up the cost, it's already too late

      government intervention in economics is generally a bad idea, but making pollution into a commodity may not require a lot of government intervention

      in Australia we have a carbon "tax", but after about 2015 it will evolve into an emissions trading scheme, which will hand more control over to the free market without eliminating it altogether

      when companies can either make or save money by going green, they will be more likely to do it

      placing faith in corporate or human ethics and morals is simply foolish

      humans have been, are, and will always be driven by greed and self-interest.... the key is to make going green valuable

    5. Re:Tried and failed ... so lets do it again. by AmiMoJo · · Score: 1

      You have it backwards. Green energy is cheap and so is making buildings more efficient. The problem is that green measures involve upgrading people's homes and reducing power company profits, while building a new coal or nuclear power station is a revenue generating investment.

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    6. Re:Tried and failed ... so lets do it again. by Anonymous Coward · · Score: 1

      Capitalism and free market say it will not happen. So long as oil is cheaper it, the research is not worth it...

      If the research and new tech IS worth investing.. then they have to weigh the risk of losing their control on the energy systems in place. Oil/Coal/Gas companies DON'T want solar power and DON'T want efficient storage batteries, regardless of what they "Say"

      Clean Oil/Gas/Coal still keeps suppliers and owners of the resources in control... and since the same people own all the big companies that posses the resource, miner it, refiners it, and distributes it.. they don't want to lose control.

      The patent system also wont work for them.. If its a truly good idea, it will be copied and modified slightly.. so the monopoly control will be lost within 5-8 years of a patent being filed, instead of 15+ as the patent law would suggest.. which means the research as tech have to be REALLY good to consider investing

    7. Re:Tried and failed ... so lets do it again. by Anonymous Coward · · Score: 0

      I've heard of at least one regulatory environment in the 'states that made it profitable for the power company to reduce usage. Power companies will often even pay you for energy from your solar panels.

      And don't lump Nuclear Power in with coal. Someone actually did run the numbers, and if you want to get us off both coal and oil permanently, nuclear has to be part of the power generation infrastructure, in addition to, and not in opposition to, renewables. If sunlight were as energy-dense as uranium we'd all be dead.

    8. Re:Tried and failed ... so lets do it again. by Anonymous Coward · · Score: 0

      So its an idea so great that it has to be made mandatory at gun point? We don't have oil companies anymore ... We have energy companies and they all are competing for profit. If a company can make green energy work they would be mega Rick, but it is not ready as the original poster stated. You can not make something happen just because you have a lot of money to throw at something , else rich people would be immortal by throwing wealth to end death. When it is ready it will come to be ... Else you are forcing people to live beneath thier means which always heralds suffering and death. Unless, of course, you just care about that sort of thing.

    9. Re:Tried and failed ... so lets do it again. by Anonymous Coward · · Score: 0

      Right ... Because the energy companies wouldn't have thought to go into the home upgrade buisness and become even more rich by making people's homes compatable with their periatary solution. Business owners army idiots that you make them out to be ... There is always a way to make profit and if one company could do it , it would have already been done and they would have a monopoly.

    10. Re:Tried and failed ... so lets do it again. by Anonymous Coward · · Score: 0

      I can tell you never ran a business in your life. Energy companies hate fighting on a level playing field with each other. You would have to be completely ignorant to believe that they don't want to develope a New form of energy that they can sell or get the government to mandate just to get a huge advantage over their competators. Even an orginization that has no other form of suitable power like NASA can't really make viable mass producable solar work and they had more incentative than most.

    11. Re:Tried and failed ... so lets do it again. by crutchy · · Score: 1

      i don't know whether you're misunderstanding my point or you're just stupid

      i wasn't advocating forcing anything, simply making it more profitable to go green

      companies can continue to chug out smog, but it will cost them. there's nothing about this that seems unfair; if someone came along and started chugging out smog into your backyard wouldn't you be pissed off if they could just do it freely without any form of penalties whatsoever? there are penalties for exceeding certain limits, but all that does is force companies to operate at or near those limits (not to reduce further than necessary)

      If a company can make green energy work they would be mega Rick, but it is not ready as the original poster stated.

      the original poster is clearly not an expert on green technologies

      even in coal power stations at the moment there are technologies that can markedly reduce emissions... no we're not talking any kind of wonder technologies like fueling cars with water, more along the lines of improved dust removal and chemical filtration, but companies won't spend the money on it unless they have to (why would they)... there must be a financial incentive to spend money

      any company that develops a green technology isn't automatically going to become "super rich" regardless of how much government support they get, because they have to sell it, and if their green tech is more expensive than the dirty tech, consumers won't buy into it regardless of how environmentally friendly it is (same goes for electric cars, etc).

      rich people would be immortal by throwing wealth to end death

      ummm.... as far as i know they do. i think you'll find that much of the philanthropic contributions by rich people are in medical fields, and if you analyze it further you may find that there is correlation between the targeted fields of research and the family medical histories of the contributors. i don't know whether there is, and i don't care... rich people will spend money on whatever they want, and not everyone wants to live forever. very subjective.

      forcing people to live beneath thier means which always heralds suffering and death

      what the hell are you talking about here? everyone should live within their means. how can you live "beneath your means", which would seem to imply that you're bringing in more money than you're spending (which has never killed anyone). what can be more dangerous is living beyond your means (spending more money than you make).

      it's a bit hard to analyze an argument that barely makes any sense, but if you can clarify things a bit i might be able to have a better go

    12. Re:Tried and failed ... so lets do it again. by Anonymous Coward · · Score: 0

      You are obviously not an expert on the economy.

      You were not advocating on making 'green energy' profitable, rather making it less profitable by government fiat to not go green where green is defined by politicians in the very same government. That sort of government intervention is what caused the housing bubble that has destroyed the US Economy for the last decade. Until scientist can give an equation that X amount of Y gas will raise the global temperature by Z ... having "limits" is nothing but government guess work ... if you are lucky. I say that because you have some politicians investing in what they think are green energy companies and then manipulate the market to make their companies popular for nothing more than their own greed.

      Energy companies hate fighting on a level playing field with each other. They are always looking for an advantage over the other companies, so you can be damn sure that if they could make solar, wind, ect work they would jump all over it and then use the government as a weapon against the other companies. I don't know what you constitute as an 'expert' on green energy, but I have spent over a decade working in that market and the technology is no where near ready for prime time. Wind is a loser as the costs (especially maintenance) greatly outweigh any profit and the only thing keeping it going is money taken from people who need it, especially in these economic times, and gift wrapped to these companies by the government. Solar is not consistent enough and the maintenance costs again often outweigh any profit.

      The biggest bang for our buck, currently, is improving natural gas/oil systems while these other technologies mature. Especially given the explosion of natural gas reserves in the United States. It is going to be a sad day for the middle east if the US gets a natural gas infrastructure up and running to fuel vehicles. 30 to 40 percent less greenhouse gas emissions than regular gasoline or diesel fuel with none of the loss of performance you see with Ethanol. Oh, and it doesn't drive up food prices either.

    13. Re:Tried and failed ... so lets do it again. by dunkelfalke · · Score: 1

      There are many ideas that are so great they have to be made mandatory at gun point. "Do not murder", for one.

      Such is human nature.

      --
      "It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
    14. Re:Tried and failed ... so lets do it again. by crutchy · · Score: 1

      don't make the mistake of mixing environment with economy... politicians and businesses will never give a shit about the environment

      and don't presume to tell me what i was advocating... that makes you look more like an idiot when i tell you how wrong you are

      i was indeed advocating making green technologies (not just energy, which is a small subset of green technology) more profitable by making dirty technologies less profitable, and my argument has little to do with the housing bubble, which was caused by artificially low interest rates by the federal reserve in combination with mortgages underwritten by the government. an emissions trading scheme is more analogous to a commodity market (such as gold or silver).

      the problem with your argument is that green energy companies (energy being the main subject of your argument, not mine) do not find themselves on a level playing field, because dirty energy companies have a huge advantage; natural resources. at the moment, the major cost of coal mining is getting it out of the ground (the cost of mining licenses are a pittance compared to their worth). there is no penalty to mining companies for depletion of natural resources (they don't "buy" what they use) and no penalty for many environmental effects (such as dust, pollution, huge holes in the ground, etc).

      on the other hand, while green technology companies are taking advantage of freely available resources, they aren't depleting a finite resource.

      maybe look at it this way; a dirty energy mining company comes into your farm with their mining license and starts digging a huge hole in the ground and building coal handing facilities and a power station, and another green energy company comes and builds a solar power station... which one are you going to be more pissed off with? obviously you may not be happy with having power stations of any sort built on your property, but it's pretty obvious that physical removal of your land (digging a big hole and making a profit from what comes out) would be more ethically questionable.

      imposing a cost for using a finite resource, where the owner of the resource is the government representing the people (there's nothing anti-free market here, unless you have a problem with the government "owning" land), the cost being imposed wither directly by tax or by credit to greener tech, will level the playing field more so that green energy companies have an incentive to put in the R&D efforts that were required to make dirty energy profitable in the first place.

      a level playing field would be like comparing a coal power station with a solar power station where the solar power station gradually reduced the amount of sunlight on the world.

      also, there should be a cost for health effects, because if a dirty energy company chugs out pollution that effects the health of those around it and a green tech company doesn't, the lower health effects by the green energy company should have intrinsic (not just moral) value.

      there is no reason why pollution can't be traded like any commodity, including the resources that are burnt to make the pollution. this would not result in any kind of "bubble"... you've been watching too much CNN

    15. Re:Tried and failed ... so lets do it again. by Anonymous Coward · · Score: 0

      Don't tell me what I am advocating, but here let me tell you I am advocating exactly what you said I was. Pure genius.

      Here is the problem with your ignorance of mining rights ... they own or lease the land and PAID for the rights to the resources ... so they OWN those resources which they sell. Using your argument no one can own gold, copper, diamond, or anything else that grew naturally and someone else harvested. Your computer, you don't own that, it was made from natural resources.

      So-called reusable energy uses very rare, most of the time toxic, finite materials in order to collect its energy. You still need to dig those holes in the ground you seem overly worried about or no reusable energy for you. That is if you can ever keep it going to where it will actually produce a profit over the labor cost to keep it running.

      I don't know what country you are from, but here in the United States neither of those energy companies are coming onto my property without my permission. To tell you the truth, if I had to pick one I would go with Coal because I will get the land back when they are done collecting and can once again do whatever I want with it. Green companies have proven to be too untrustworthy ... they just steal all your money and claim bankruptcy. See A123, Abound Solar, Beacon Power, Ener1, Solyndra, Nevada Geothermal Power, ect, ect

      Your wild tangents aside ... all you want to do is artificially inflate the cost of something everyone needs and make everyone suffer because of it to push what you THINK is a good idea. If it is a good idea, it will happen organically ... no need for some overlord to tell the too-stupid normal folk what is best for them.

    16. Re:Tried and failed ... so lets do it again. by crutchy · · Score: 1

      You were not advocating on making 'green energy' profitable

      but i am advocating making green energy profitable

      Don't tell me what I am advocating, but here let me tell you I am advocating exactly what you said I was. Pure genius.

      whatever dipshit. keep trying to impress me and falling flat on your face why don't you.

      miners don't pay for the minerals they mine, the pay for the license to mine it, so whether they find nothing or strike paydirt they still pay the same for the license. they don't purchase the resources they find in advance.

      Using your argument no one can own gold, copper, diamond, or anything else that grew naturally and someone else harvested

      there you go with your bullshit presumption again, and again you are full of shit.

      care to have another poke since i can't even be fucked arguing with all the rest of your garbage?

    17. Re:Tried and failed ... so lets do it again. by Rakarra · · Score: 1

      i don't know whether you're misunderstanding my point or you're just stupid

      I'm not sure you understand what you're dealing with here. You're talking to a guy who says taxes levied by the government is theft at gunpoint.
      At that level of radicalization, reasoned discourse becomes extremely difficult.

  4. Hopelessly off-target by LenE · · Score: 5, Insightful

    It is unfortunate that government is apt to pursue political solutions rather than viable practical solutions. That's the world we live in.

    The premise here is that gas and oil companies should be punished, and their gains should be confiscated and given to other companies with better intentions. The real world truth is that there are no oil or gas companies anymore, and there hasn't been for the last fifteen years, at least.

    No, what used to be oil companies have all become energy companies. They all invest heavily in alternative energy technologies, because they have the most to lose if anything does become viable and threatens their current revenue generators. I've spoken with several former CEO's of these former oil companies, and they were, to a person, fixated on the end of oil and the emergence of alternative energy sources. I left these conversations wondering why these CEO's were more pro-alternative than any environmentalist I had ever met.

    The government confiscation of funds from these companies, and the eventual redistribution to campaign donors fronting "new" energy companies will only slow down the discovery of practical and sustainable alternative energy sources.

    -- Len

    1. Re:Hopelessly off-target by Nidi62 · · Score: 1

      The premise here is that gas and oil companies should be punished, and their gains should be confiscated and given to other companies with better intentions.

      We don't need to take away their gains, that would be wrong. But, we can take away their subsidies. If you are making billions per year then you do not need a subsidy.

      --
      The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
    2. Re:Hopelessly off-target by LenE · · Score: 5, Informative

      The plan to collect $2 billion from oil and gas revenues is a tax. These companies don't get subsidies for being oil companies. They get tax credits for R&D investment, like any other company in the US. Politicians call these subsidies, like some call tax cuts spending, when a lowering of a tax rate is not an expenditure.

      When a politician states that they want to eliminate the subsidies to oil companies, they are talking about not giving them tax credits for R&D, like any other company. As I mentioned in my first post, this R&D is largely in alternative and clean energy research. Removing the tax credits for these energy companies is counter to the professed intention of supporting alternative energy.

      -- Len

    3. Re:Hopelessly off-target by InPursuitOfTruth · · Score: 1

      Great post! I remember BP Solar, a division of BP, in the 1990s, always investing to bring down the cost of solar, yet, never quite bringing it down enough to replace oil.

    4. Re:Hopelessly off-target by Nidi62 · · Score: 1

      The plan to collect $2 billion from oil and gas revenues is a tax. These companies don't get subsidies for being oil companies. They get tax credits for R&D investment, like any other company in the US. Politicians call these subsidies, like some call tax cuts spending, when a lowering of a tax rate is not an expenditure.

      When a politician states that they want to eliminate the subsidies to oil companies, they are talking about not giving them tax credits for R&D, like any other company. As I mentioned in my first post, this R&D is largely in alternative and clean energy research. Removing the tax credits for these energy companies is counter to the professed intention of supporting alternative energy.

      -- Len

      If they are doing R&D on alternative energy, then who is to say that those research programs won't qualify for this funding? And I'm sorry, but not giving away free money is not a "tax".

      --
      The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
    5. Re:Hopelessly off-target by LenE · · Score: 1

      One of the former CEO's I talked to helmed BP in the late 1990's. He was the most earnest, and the exact opposite of the cartoonish cigar chomping oil-man that environmentalists imagine these CEO's to be. He talked much about preparing for the impending end of the hydrocarbon economy.

      -- Len

    6. Re:Hopelessly off-target by archer,+the · · Score: 1

      Any chance there's public documentation on this? My cynical side is finding it hard to believe that people whose main source of profit is petroleum would even consider switching to a renewable source. I'd like to believe it, but it is tough.

    7. Re:Hopelessly off-target by Anonymous Coward · · Score: 0

      Please! Open your eyes. Big oil and coal do not want alternative sources developed. If they get involved it is to obstruct and not to advance alternate energy. Frankly we have the best proofs that wind energy works just fine. Germany is making huge strides in harvesting wind energy. It just works. Solar cells are improving at an astounding rate. Hybrid car owners are mostly thrilled and the better hybrids are not even really available yet. And sadly the American investment in wave and tidal energy is for all real purposes totally absent.
                                Any legislation that shuts down coal and oil is great legislation. The first item is that we should forbid the export of all oil and gas and coal. While we are at it we should also have an absolute ban on exporting tobacco in any form. Strangling the world with cigarettes is evil.

    8. Re:Hopelessly off-target by LenE · · Score: 4, Informative

      The money is not given away. It is a tax credit for R&D. What you seem to be suggesting is that some types of R&D are more worthy for receiving a tax break. In the larger picture of a national economy, R&D spending prepares for economic growth through either finding ways to lower cost, or produce a better product. It is incentivized in the tax code, to promote economic growth.

      Carving out specific areas for different rates, is just meddling. The law of unintended consequences will guarantee that the recipients of these proposed grants will have very little to do with the professed goal. A few years ago, I saw many academic papers tack on the words "with nanotechnology" in an attempt to gain funding. Most of the projects had nothing to do with nano anything. In a similar way, these grants will go to alternative energy shams that have nothing viable in the way of technology, but loads of good intentions.

      Why give money to the government to have a small portion given back? This is a policy that is anti-growth, except for governmental growth.

      Not sure what free money you are talking about.

      -- Len

    9. Re:Hopelessly off-target by Anonymous Coward · · Score: 0

      No, they really do get special subsidies for being oil companies that nobody else can get.

    10. Re:Hopelessly off-target by amiga3D · · Score: 1

      All companies get tax credit for research and development because that is a legitimate business expense. It's not profit but it helps build their ability to compete. I don't get why you fail to understand a basic principal of business that has existed for decades. To tax a company on money they spend in research is basically to destroy that company although if they target all oil and gas companies they will all simply raise prices and their customers will pay the tax. Thus people struggling to survive in a shitty economy get hammered a little more because you can bet the CEOs of these companies aren't going to miss any stock options. It's just another way to raise taxes on the American people by proxy.

    11. Re:Hopelessly off-target by amiga3D · · Score: 1

      If they have control of the technology? Where's the downside? They get rid of the problem of the crazy people who own the oil and now have cut overhead and can still control price.

    12. Re:Hopelessly off-target by Anonymous Coward · · Score: 0

      He must have been the exact opposite. That "cartoonish cigar chomping oil-man" would have lied to you, but we can see from the great inroads and research done by BP by this wonderful CEO have created great advancements in alternative energy. I'm sure BP is ready for the "impending end of the hydrocarbon economy."

      In, what I'm sure is, an unrelated question, has BP done anything substantial for alternative energy? I guess dumping a bunch of fucking oil in the Gulf of Mexico might be something if you count increasing political awareness and pressure. But your buddy can't take credit for that great leap in alternative energy. What exactly did your great thinking CEO friend fucking do at all? Oh, he told you a great story so you now lick his digital butt online. He must have been a great man.

    13. Re:Hopelessly off-target by Anubis+IV · · Score: 2

      Why is it so hard to believe? Companies that refuse to recognize and adapt to changing markets are the ones that go out of business. The smart ones are the ones that realize their product is not a market unto itself, but is rather part of a larger market (in this case, energy, not oil) and diversify appropriately.

      For instance, when folks think of Coca-Cola, they naturally think of it as a soda brand. Despite that, the Coca-Cola executives were smart enough to recognize quite awhile ago that they were in the beverages market, not the soda market, and that they needed to be looking for ways to expand since soda could disappear but beverages would endure as a market. And now that the public is starting to turn away from sodas amidst concerns over artificial sweeteners, high fructose corn syrup, obesity, and diabetes, Coca-Cola is well-placed with their Minute Maid and Dasani brands to retain those customers with juice or water, rather than losing them entirely.

      Similarly, the oil companies know that oil will not be around forever, if not due to supply concerns, then simply due to public perception steering things. As such, almost all of them, if not all of them, have been looking for alternative ways to provide energy. I've seen internal graphs from Shell that outline a timeline of their expectations for where they believe energy will be coming from in the coming decades, and while oil will play a role, Shell recognizes that it's a declining role. As a result, they've been making efforts to break into those other fields so that they can align themselves with the path that the market will take going forward. If they fail to do so, they'll get left behind as the world moves on.

      If anything, I'd expect a cynic to recognize this before everyone else, given that it's the cynical way to view things. These companies are out to make money, and if they're the greedy bastards we think they are, then it should be obvious that they'll be making efforts to get into these areas.

    14. Re:Hopelessly off-target by Trailer+Trash · · Score: 1

      Any chance there's public documentation on this? My cynical side is finding it hard to believe that people whose main source of profit is petroleum would even consider switching to a renewable source. I'd like to believe it, but it is tough.

      It would be hard to believe if oil were some infinite resource that they could milk forever. But it's not, it's peaked, and we all know it. What would be "hard to believe" is that they're sitting on their hands while the oil runs out and their current business model goes down the drain.

    15. Re:Hopelessly off-target by LenE · · Score: 1, Insightful

      With all due respect that an AC deserves, you need to get out of your bubble more.

      Wind energy is probably the biggest boondoggle in the last 50 years. From my kitchen table, I can currently see ~350 windmills, and there are nearly 6,000 in a 20 mile radius of my house. Wind energy remains ludicrously expensive, and only makes a profit by using a lot of other people's money. When the tax credits run out, all of the windmills surrounding me are idled.

      When oil hit $140 a barrel, about half of the windmills around me were idled. Why is that? Well, each one required a 55 gallon barrel of lubricant, a week. When oil spiked, they were not economically viable, even with the hefty tax credits they earned by just existing. I won't touch the low wind or high wind conditions that also idle the fields. The demand for these wind farms are primarily politically sourced, rather than any reality based economic decision.

      Solar may be improving, but they are very far from being cost competitive. The manufacture of hybrid cars share much of the same environmental problems that plague the manufacture of windmills. Rare earths and nickel mines are very problematic, and energy intensive.

      Good intentions do not make these things good. Continued research and development may one day make them truly viable, but that day is not on the immediate horizon.

      The profit motive of the energy companies is all that they need to invest in new alternatives. They are constantly working against brain-dead regulations dreamed up by science-illiterate politicians, and are always looking at how to best cope with them. If and when any of them come up with an alternative, you can be sure it will be viable, or on course to be economically viable in less than a decade.

      Far more is currently gained with energy conservation technologies, rather than alternative energy production. LED lights and Energy Star certifications are great, the former not getting any government money until the L-Prize. The winner of this contest was developed in advance, because Philips saw the path to profits. Prices will drop soon enough, with scaling of manufacture.

      -- Len

    16. Re:Hopelessly off-target by khallow · · Score: 1

      I believe they do. I also believe those subsidies are lower than the subsidies (and regulatory protection from competition) they get just for being businesses, particularly, large, somewhat grandfathered businesses.

    17. Re:Hopelessly off-target by Sloppy · · Score: 4, Insightful

      These companies don't get subsidies for being oil companies.

      Suppose Iraq were to invade Kuwait, and as a result, market experts predicted that oil prices would go up, long-term. One example of a subsidy for being an oil company, would be to use public funds (collected as income taxes or through currency inflation) to send military forces out to kick Iraq's ass our of Kuwait.

      Suppose people typically used oil in a manner that tore its molecules apart to release energy, and then they dumped the resulting lower-energy molecules into the public atmosphere where they don't just magically go away, and where most physics-based (as opposed to faith-based) models predict the waste products cause various undesired side-effects at public expense. An example of a subsidy, would be to knowingly allow this pollution to happen, without making the oil users do something to clean up the CO2, or if they can't do that, charging them a fee for inefficient government programs to clean up the CO2.

      The two examples of subsidies that I gave, both turn out to be real, rather than merely hypothetical. You might even call these subsidies good ideas if you insist, but let's not pretend they're not subsidies. These are examples of government using its power to artificially distort the energy market toward oil being more relatively affordable than competing energy sources, and these political decisions have the effect of reducing the natural free market incentives for developing clean[er] energy. ("Picking winners and losers" in Republicanese, if that helps anyone understand it.)

      Like I said, some people may be able to make a good case for this manipulation of the market. I just want everyone to admit we're doing it, that's it's not something a tech-neutral, or a free-market-uber-alles, government would do. And somehow, I have a hunch that once we start acknowledging that, the case for how it's a good idea, may be challenged. It'll be a good debate.

      --
      As copyright owner of this comment, I authorize everyone to defeat any technological measure which limits access to it.
    18. Re:Hopelessly off-target by Anonymous Coward · · Score: 0

      "The premise here is that gas and oil companies should be punished"

      No, the premise here is that oil and gas are finite resources and WILL dwindle away someday. A lot of oil and gas (and all of it in the offshore) is on public lands, and is a public resource. Companies buy the rights to exploit the resource. They pay for the privilege. It makes sense to use that money to invest in alternatives to oil and gas rather than spend it on other things. Well, unless it's your plan to let other countries develop the technology for alternatives and sell it to us.

    19. Re:Hopelessly off-target by Anonymous Coward · · Score: 0

      "When oil hit $140 a barrel, about half of the windmills around me were idled. Why is that? Well, each one required a 55 gallon barrel of lubricant, a week."

      That's one pretty inefficiently lubricated wind turbine. Citation needed.

    20. Re:Hopelessly off-target by ras · · Score: 1

      Right. The music industry is fixated on the Internet too, as is newspaper, magazine and book publishing businesses. They are, or at least were the ones with the money, so by your argument they should be leading the charge away shifting information using dead trees and plastic disc's to using bits and bytes instead.

      Except, that isn't how it worked out, is it? Just like Microsoft should be leading the charge to in bring a solid working browser to the masses, it isn't going t happen.

      I would have thought the reason it doesn't happen is pretty obvious. Most of these companies are trying new untested directions, and in 10 years time most of them are going to be failures. That is why the DOE program makes sense. Very few are willing to put money into ventures like this, but nonetheless we need lots of the high risk ventures to find out what works. But high risk isn't compatible with someone who already has billions in his back pocket is has to make quarterly reports on how he is doing at making it grow. The individuals who come up with the pie in the sky ideas that don't work now, but are nonetheless willing to bet their house and pension on making it work aren't the same 20 year career plan individuals who have patiently worked their way up the corporate ladder to run a multi billion dollar company.

      Sheesh, next you will be suggesting NASA should be put in charge of SpaceX.

    21. Re:Hopelessly off-target by budgenator · · Score: 1

      Well that's not how I read the article, they are taking the lease revenues to the govenment, from the general fund and ear-marking it for "clean energy research" and who is going to makeup the resultant revenue shortfall? It's not going to be the bottom 47% who's not paying taxes and it's not going to be the top 15% who pay little taxes, nope it's going to be the middle-class, that ones Obama promised not to raise taxes on!

      --
      Apocalypse Cancelled, Sorry, No Ticket Refunds
    22. Re:Hopelessly off-target by Pretzalzz · · Score: 3, Informative

      There is a difference between a tax credit and a tax deduction. A legitimate business expense is a tax deduction and will save you whatever you spend times your margnial tax rate. A tax credit on the other hand will save you 100% of your cost on your taxes.

    23. Re:Hopelessly off-target by budgenator · · Score: 1

      Trust me, these energy company would much rather have renewables profitable, and sell their dwindling petrolium oil as high profit boutique chemicals than sell them as low profit commodity goods. When these big-boys figure that the renewables ROI and profit margins are right, the rapidity of their penetration into that market will be mind-boggleing. The existing renewable companies will either be consumed or crushed, and the good 'ol boys in energy will still be the good 'ol boys.

      --
      Apocalypse Cancelled, Sorry, No Ticket Refunds
    24. Re:Hopelessly off-target by LenE · · Score: 1, Interesting

      I don't post all of my conversations with windmill technicians on the internet, or I would cite it for you. Not knowing where you are, I'll post a link to picture of the windmills.

      Here's is a picture of the farm. I couldn't find a close-up of the turbines, but each one has dark grease streaks down the support pylons. Each turbine has a complex gearbox and transmission that varies the blade angles, to keep the turbines turning at a constant speed. This is tough to seal, and in practice, there is no seal replacement. The turbines are operated to destruction, and replaced only if economically viable. The only thing staving off the destruction is constant refilling of the gearbox lubricant. These fields are just about as polluted as the the grounds of any oil refinery in the U.S.

      -- Len

    25. Re:Hopelessly off-target by LenE · · Score: 1

      You cite industries that are built off of intangibles. Energy is a commodity, and the companies in that field are very concerned with cost and profit. They have defined costs, and a huge market that is inelastic. Most of their products are amazingly cheap, given the processing and logistics of delivery.

      Music and newspaper are not necessities. Demand of their product is fickle, and the purveyors of this entertainment product are not bright enough to hedge for their demise, as their product is not based on a finite and diminishing resource. I assure that there is always another version of Lady GaGa, ready to be "discovered". That these companies were caught flat-footed by the internet says nothing about the forward vision of the energy sector.

      The DoE program is not the right path. It is an attempt to pick winners, regardless of technical merit. Others have gone into Solydra and others, so I won't go there, except to say that these wasteful failures were inevitable. The winners were picked more by political contribution than likelihood of success.

      I don't have a clue where you are going about NASA and SpaceX.

      -- Len

    26. Re:Hopelessly off-target by pitchpipe · · Score: 1

      I left these conversations wondering why these CEO's were more pro-alternative than any environmentalist I had ever met.

      Hmm. So to be more 'pro-alternative' in your view should environmentalist put more of their funds towards helping to discredit climate scientists like oil - sorry - 'energy' companies do? Or do you suppose that talking about how important the environment is while sticking your drill-of-love deep in its ass is actually a different thing from trying to protect it?

      Oh yeah, I forgot, oil is not only natural, it's organic!

      --
      Look where all this talking got us, baby.
    27. Re:Hopelessly off-target by LenE · · Score: 1

      Where I was going with my original comment was that the CEO I was talking to was an "all of the above" alternative supporter. Algae, switchgrass, wind, nuclear, biomass conversion, butanol, solar, etc. Most environmentalist I know, pick and choose. Pro-wind, but not nuclear. Pro-nuclear, but not wind, because the windmills kill birds. Here where I live, we have about 40 eagles (brown and bald) killed a year in the wind farm, and there is a big worry about the California Condor, as this is part of their range.

      To my knowledge, these energy companies don't try to discredit anybody, as it is not personal. They may fund attempts to verify or discredit faulty experiments, because bad policy built on faulty science is prone to damage their business. The scientific process includes aspects of independent verification. If an experiment cannot be reliably repeated, then there was an error in the process. Honest scientists welcome verification by adverse critics, as it proves their experiment as valid. If your published work cannot be repeated, or if it does not stand up to independent verification, then it isn't valid.

      The energy companies want honest results from all of the research they do. If a promising technology doesn't add up now, they keep working on it until it does. Many of the environmentalists I know, keep pushing very sub-optimal technology as a solution, ignoring the total burden. It's great that you can make it work off grid, but if that requires 20 lead-acid cell batteries, a wind turbine, six solar panels, a diesel generator and a propane tank to power your minimal electrical consumption, then there is a problem. Especially if the twenty year cost of maintenance is over twenty times the cost of conventional grid and gas service.

      I advocate for intellectual honesty. I'm not a member of any cult, and I think that cults have no place in scientific debate. Most people I know of who do not subscribe to man-made global warming theories and who have actively examined the plausibility of theories with real-world data, have zero connection to energy companies. They don't want to be treated like mushrooms, and when they attempt to verify analyses and inquire about raw data, rather than "filtered" data, they are met with stone walls. This how the pursuit of intellectual honesty is met by charlatans.

      Conversely, I have sat in a few lectures by academics, who were funded explicitly because their research was in search of more "evidence" of man-made global warming. In one case a very sincere academic lectured about his hair-brained scheme to re-sequester CO2 by building giant artificial waterfalls with a particular mineral (don't pay attention to the energy required to quarry the rock or pump the water). I believe many were very good people, who were faced with the problem of finding continued funding for their research. Just like mediaeval artists, the funds keep flowing, if you paint what your patron wants. This is the current problem where dogma has largely been substituted for intellectual and scientific honesty in this field, because funds are tied to the outcome. The few climate scientist who have changed their position from pro-man-made to semi-skeptical, have been ostracized and treated as apostate from the cult.

      Greenhouse gasses are to the anti-oil crowd, what bullets are to the anti-gun crowd. It is a means to a political end. The political/religious attacks on energy companies do not make poor alternatives work any better. There is no big oil conspiracy to thwart alternatives. In their labs, they are well-ahead of any of these rink-dink companies that waste our taxpayer dollars.

      -- Len

    28. Re:Hopelessly off-target by Anonymous Coward · · Score: 0

      No you bloody idiot. Currently, the government takes royalties from resource producing companies for the right to harvest those resources on federally owned land. What is being proposed is to earmark revenues from those royalties to be spent on energy research.

    29. Re:Hopelessly off-target by Anonymous Coward · · Score: 0

      Actually, sending troops to Kuwait wouldn't be in the American oil companies best interest. It would be much better for them to increase their prices because of a reduction in oil production. People would demand cheaper oil prices which the oil companies would say could only come from increased domestic production which would even more profitable to the oil companies. Of course the reduction in supply would have hurt all oil depend industries aka all of them which would reduce GDP and employment. So we didn't kick Saddam out of Kuwait for the Oil Corps. We did for every other company that buys or indirectly consumes oil.

    30. Re:Hopelessly off-target by SgtChaireBourne · · Score: 1

      I thought constant-speed wind turbines were an outdated technology already. The wind blows with varying force, the turbine should be able to adapt. More energy can be collected by variable speed turbines. The fixed speed turbines are also, as you point out, higher maintenance.

      --
      Beta is broken and the link to classic doesn't work. Stop wasting our time or there won't be anybody left here.
    31. Re:Hopelessly off-target by Anonymous Coward · · Score: 0

      what subsidies? name two.

      difficulty: "not paying as much tax as I'd like" isn't a subsidy.

    32. Re:Hopelessly off-target by davydagger · · Score: 1

      "The plan to collect $2 billion from oil and gas revenues is a tax"
      yes. all companies pay taxes.

      wait, oil and gas wind up paying less, and getting subsidies despite being the most profitable industries they are.

      They bitch and moan about might having to go out of business when they are the most profitable industries.

      And yeah, mabey someone might need to punish the Oil and Gas companies, at least until gas prices come back down while they rake in record profits.

      inb4 someone says "yeah, but you don't have to use a car, truck, motorcycle, or other non-oil burning vehicle, or have to heat your home with oil or gas".

    33. Re:Hopelessly off-target by drinkypoo · · Score: 1

      You can't change the fact that generators are most efficient when moving as fast as possible. You can't increase the speed of the generator without increasing the speed of the prop without using a transmission anyway. I reject the notion that the transmission has to be lame.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    34. Re:Hopelessly off-target by Anonymous Coward · · Score: 0

      If this were true and you not just an astroturfer, then how come we aren't seeing these companies go straight to the top of alternative energy sources? Because when I look at the top, I'm not seeing the oil companies there.

    35. Re:Hopelessly off-target by Anonymous Coward · · Score: 0

      Most of the European countries with shore lines are betting on wind at this very instant. Depending on latitude, It's the cheapest renewable available.

      Wind turbines have a different pattern of cost than oil. A bit like nuclear power stations, they're expensive to build but the running costs are low, even for offshore turbines that have to be serviced through ships. And they're getting lower, while the cost of oil is rising.

      If there are 6000 wind turbines in a 20 miles radius to you, it's got to be old and outdated designs. Come to Denmark some day and see how modern wind turbines look like.

      Your premise seems to be that nothing should replace oil unless it's cheaper. The problem with that line of thinking is externalities.

    36. Re:Hopelessly off-target by khallow · · Score: 1

      Well, each one required a 55 gallon barrel of lubricant, a week.

      Reading through this and the rest of the thread, I just don't buy your claim at all. Googling around, I'm getting oil change intervals of as long as seven years for the latest generation of wind generators (with lubrication reserviors of around a barrel in size) and lubrication. Obviously, that's not what your windmills are. I doubt going through lubrication at that high a rate, just doesn't make sense even with subsidies.

      And if a significant portion of that actually is leaking (which seems to be what you're claiming, then that would be a serious environmental issue (for California). But I don't see the alleged "dark grease streaks" even on pictures closer up than your linked image. Sure, there's probably some sort of grease streak there, but it doesn't show up on pictures, means it probably isn't leaking that much.

  5. Worth considering? by InPursuitOfTruth · · Score: 1
    First, the critique:

    -

    1> On what basis does he conclude that private enterprises cannot invest that much? The first question I have is cannot or will not? That said, I've seen them invest plenty over the years to bring down the price of solar and bring wind production to the world. They problem is that the ROI for the past 20 years has not been as high as hoped. Who says the ROI on deficit spending will be any better?
    2> Until we eliminate our deficit, does it make sense to spend money on non-essential high risks?

    -

    That said, if we are going to subsidize an industry, I'd rather see it go into research than something like Ethanol production. The question is, how, in today's world, or tomorrow's world, can you guarantee this can help America? What's the detailed plan for turning this research into an American benefit? I understood how this worked 50 years ago. I'm not sure I understand how it is supposed to work today with global companies, and China and Europe investing a lot in this.

    1. Re:Worth considering? by Anonymous Coward · · Score: 0

      1> On what basis does he conclude that private enterprises cannot invest that much? The first question I have is cannot or will not?

      It doesn't matter why, the fact is they're not investing. Somebody needs to be doing it, obama is stepping forward.

      That said, I've seen them invest plenty over the years to bring down the price of solar and bring wind production to the world. They problem is that the ROI for the past 20 years has not been as high as hoped. Who says the ROI on deficit spending will be any better?

      The investment you're talking about is all happening in europe, where people understand that there are more important things in life than getting the maximum return on your investment.

      2> Until we eliminate our deficit, does it make sense to spend money on non-essential high risks?

      Decificit or not, it never makes sense to spend money on "non-essential high risks". This is not high risk, this is a guaranteed return: if you spend money researching renewable energy you will learn stuff about renewable energy. 100% guaranteed.

      The debate is whether or not it's essential. I think it is, but others do not.

      That said, if we are going to subsidize an industry, I'd rather see it go into research than something like Ethanol production. The question is, how, in today's world, or tomorrow's world, can you guarantee this can help America? What's the detailed plan for turning this research into an American benefit? I understood how this worked 50 years ago. I'm not sure I understand how it is supposed to work today with global companies, and China and Europe investing a lot in this.

      This is going to be spent on research? There is a lot of technology thats almost ready for prime time. Ultra capacitors are working now in a laboritory and are better than batteries for electric vehicles (similar energy density to batetries but charge extremely fast and do not need to be replaced every decade or so), but we don't know how to mass-produce them cheaply yet. We know how to make cars that run on renewable fuel, my favourite racing series (v8 supercars) runs on something like 70% bio-ethanol now, but they are using high grade equipment kept under perfect maintenance. Ford could sell you an engine running on bio-ethanol now, they already manufacture them, but it would have all kinds of reliability issues because it hasn't been tested thoroughly enough (eg: fuel lines made with certain common materials under certain temperatures can fail if you run bio-ethonol through them... we need more research to solve things like this).

  6. This is great, in theory by Anonymous Coward · · Score: 0

    If they can figure out how to spend the money without throwing it down the toilet, then this is a great idea.

  7. There is no subsidy by Anonymous Coward · · Score: 4, Informative

    Unless you count the oil depletion allowance as a "subsidy".

    But by that definition, then every industry gets a "subsidy" in terms of depreciation and other tax breaks.

    But how big is it? About $2.4B annually total for all oil companies between 2011 and 2012.

    Obama spent more than that on failed alternative energy speculation in the same time period.

    1. Re:There is no subsidy by jbengt · · Score: 1

      The issue with the oil "depletion" allowance is that it has been used for deductions greater than actual costs.

    2. Re:There is no subsidy by Anonymous Coward · · Score: 0

      I think you forget to mention the successful investments in business. If you were counting all the bush companies with " then every industry gets a "subsidy" in terms of depreciation and other tax breaks" that failed then this was the biggest boondoggle in human history.
      And this dumb mother fucker did not even try to limit them to companies that move us forward. But just any ole hair brain business what a fucking retard.
      Both your kind and him.

    3. Re:There is no subsidy by t0rkm3 · · Score: 1

      Only for the first few years... then you end up the other way around. The subsidy is built to match the recovery curve on oil investment.

      Essentially, you can either do a flat year over year depreciation or you can front load it. Either way, you depreciate the same number of dollars. I am not sure how this ends up being a subsidy rather than a tax break on business cost... the same as my construction business. In fact, I often try to structure my spending to get a similar effect.

  8. Private sector investment by benjfowler · · Score: 2

    It's probably a bit much for the private sector to fund projects to support political strategy with planning horizons measured in decades.

    With private business, particularly in the US (and increasingy in Europe) where their management tend to be infested with barely educated cookie-cutter MBA pindicks who are incapable of planning beyond the next reporting season, you just can't expect much.

    Thus, if I actually cared about the West, and the sort of world we want to see for our grandkids, I would like to see a partnership of business and industry, rather than letting business to their own devices. Because you know those slimy dicks would have us enslaved by the Chinese and the Arabs if they thought they could make next quarter's sales targets.

  9. Great, but lets COMPROMISE by WindBourne · · Score: 2, Interesting

    1) bump federal tax on gas/diesel by .20 this year. .10 to go to R&D (which should also be used for oil/gas, coal, and nukes), and .1 to go to fed/state DOTs. The .1 from diesel (which is mostly interstate trucking) goes to the feds, while the .1 increase from gas goes to the state's DOT. Then next year, increase it .1 again, but all of that goes to the DOTs. Do that for the next 4 years.
    2) put some of the federal DOT money into pushing CNG/LNG/electrical charging stations along the federal highways.
    3) allow keystone to go through.
    4) increase oil/NG drilling offshore and in various federal lands, but with an eye towards keeping the environment clean.
    5) put together a COTs type fund for thorium nuclear power along with some money for the possible fusion reactor that livermore has.
    6) put together a tax incentive to get coal=>methane going. That is relatively clean energy and interestingly, produces a number of elements that we need esp. U and Th.

    The word is COMPROMISE.

    --
    I prefer the "u" in honour as it seems to be missing these days.
    1. Re:Great, but lets COMPROMISE by Anonymous Coward · · Score: 0

      But Obama knows the word "compromise".... as in stomp around like a whiny child threatening to hold his breath until the other side compromises.

    2. Re:Great, but lets COMPROMISE by Anonymous Coward · · Score: 0

      The Obama administration doesn't know compromise. Fuck, they don't even hold to their own promises.
       
      And if you really think that money raised by taxes goes where they claim it's going to go I have a shovel ready project for you to take on.

    3. Re:Great, but lets COMPROMISE by Ksevio · · Score: 1

      Well that's what a compromise is...Republicans seem to think that a compromise is Obama doing only what they want (until recently).

    4. Re:Great, but lets COMPROMISE by CncRobot · · Score: 0

      Perhaps you can give examples of this?
      - Is it the recent increse in taxes without cutting spending on Jan 2 the example you were thinking of?
      - Or perhaps the promising to veto any deal to avert the sequester that didn't include more tax increases?
      - Maybe you meant last summer when they had to raise the debt ceiling and the president promised to veto any deal that didn't raise taxes?
      - No, I know, its the deal to raise the debt limit later this month were the president promied to veto any deal that didn't raise taxes.
      - I know, its over the last 4 years when the house proposes a budget every year and the DNC controlled senate refuses to propose one or bring up the House one for a vote.

      It seems that the only time the Republicans got what they wanted, a spending cut, is when it was automatic from the president proposal of it because he refused to compromise six months earlier.

    5. Re:Great, but lets COMPROMISE by Anonymous Coward · · Score: 0

      Or perhaps the promising to veto any deal to avert the sequester that didn't include more tax increases?

      Obama said he wants revenue increases, and he's willing to accept spending cuts in exchange. How can proposing legislation that doesn't include any extra taxes be any form of compromise on behalf of the Republicans?

      It seems that the only time the Republicans got what they wanted, a spending cut, is when it was automatic from the president proposal of it because he refused to compromise six months earlier.

      Obama's offered 2-1 spending cuts / tax increases as a solution to the sequester clusterfuck.

    6. Re:Great, but lets COMPROMISE by Ksevio · · Score: 2

      Like all those tax increases we didn't have in Obama's first term - He pushed for them every debate, eventually "compromised" on what the GOP wanted - no taxes for any reason.

      If you've read the house budgets, they're basically a joke - Obama isn't going to repeal the health care act while at the same time cutting taxes for the rich, and the Republicans know that.

    7. Re:Great, but lets COMPROMISE by MightyYar · · Score: 1

      He figured out that, for better or for worse, in America you don't "compromise". Instead, you dart from crisis to crisis to demonstrate how awesome you are to your base... never mind that in the end, you actually raised taxes on the rich a little less than you intended, but also had to cut spending more than you wanted.

      That's the amazing thing, how no one is talking about how Obama managed to get his higher taxes on the rich and how the Republicans managed to get their budget cuts.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    8. Re:Great, but lets COMPROMISE by Attila+Dimedici · · Score: 0

      Yes, but before the end of last year Obama said "Give me tax increases now to resolve the 'fiscal clif'" and we can talk about spending cuts when 'sequestration' hits." Then when sequestration came along, Obama said, "OK, if you don't give me more tax increases and reduce the amount that we chose not to increase federal spending, I will veto any bill you pass offering me more flexibility in how I apply those reductions in increased spending." Obama believes that current federal spending trajectories are sustainable for at least the next ten years.
      Obama offered reductions in spending increases in the "out years" in exchange for tax increases now. The ratio is irrelevant because those reductions in spending increases would have to actually be passed into law at a later date to mean anything. The only "spending" bill that means anything is the one that applies to current spending, where Obama was offering almost nothing.

      --
      The truth is that all men having power ought to be mistrusted. James Madison
    9. Re:Great, but lets COMPROMISE by Anonymous Coward · · Score: 0

      85 billion isn't a meaningful budget cut when your annual deficit is well over 1 trillion dollars. It's like bailing out the Titanic with a bucket.
       
      Be whatever side of this debate you desire but when it comes right down to it "We The People" are getting fucked by anyone who holds office in this country today.

    10. Re:Great, but lets COMPROMISE by WindBourne · · Score: 1

      Of course, the ones creating all of these crisis and not compromising in the least, are the republicans. You did note that Romney lost the election and that a number of republicans congressmen lost their seats. Right? At the next election, the house will likely go to the dems.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    11. Re:Great, but lets COMPROMISE by Anonymous Coward · · Score: 0

      By way of analogy, if you are mugged, you should COMPROMISE and give the robber only half of what is in your wallet.

    12. Re:Great, but lets COMPROMISE by VanessaE · · Score: 1

      So let's see.. over four years we can already expect a gradual increase of 60 to 80 cents a gallon anyway, due to routine price hikes. You're proposing adding another 80 cents over four years to that figure. At the low end, that's $1.40 a gallon extra, or about $5.15 a gallon or thereabouts (using the current price of about $3.75/gal in my area).

      Plus, for your plan to work, one needs to consider replacements and upgrades to the 254 million vehicles already on the road, to make them run on something other than gasoline (such as your proposed LPG or CNG), along with the infrastructure needed to make them go, the cost to recycle or dispose of the old vehicles or parts, and whatever else I'm forgetting.

      Who's gonna pay for all that? Sounds like you want to put that burden onto the American public directly, on top of normal day-to-day living expenses. Um.... No, and this isn't what we need anyway (most of your proposals are still fossil-fuel-based).

      What we need is strict price controls on gasoline *right now*. Get us back to something we can call "reasonable", say $2.00 a gallon. Concurrent with that, we need to dump every TAX dollar we can spare into shifting our infrastructure over to butanol or some other renewable, drop-in replacement for gasoline, so that our existing cars, both old and recent, can keep on rolling. If it's renewable, it will probably end up being very cheap eventually, and since oil companies will still want to sell what they have, they'll have to lower their prices to compete, so price controls would be more a safety catch than anything else.

      We already have the technology to do this starting tomorrow if we really wanted to, and it would be cheaper than your proposal for all parties concerned. We just have to find a way around the out-of-control greed in this country. The government could spend ten times what they'd need to and still come out ahead if it wasn't busy killing people out in some desert in the middle of nowhere.

      Let the private sector focus on alternative-fueled cars, electrics, etc. They'll figure that stuff out soon enough (I'm looking at you, Tesla).

    13. Re:Great, but lets COMPROMISE by stenvar · · Score: 1

      Of course, the ones creating all of these crisis and not compromising in the least, are the republicans.

      There is no "crisis". The sequester doesn't even make a dent in the federal budget. The idea that this is a "crisis" is a fabrication of the administration.

    14. Re:Great, but lets COMPROMISE by Anonymous Coward · · Score: 0

      They already tax the shit out of fuel. In the real world they'd do this, give a little money to R&D, cut the program, and keep the money to spend on random government within.

    15. Re:Great, but lets COMPROMISE by Anonymous Coward · · Score: 0

      The response to which is to pass a competing Senate budget so that a compromise can be hammered out. Also, the House was given the power of the purse - all bills that raise revenue originate there, so the House controls revenues, leaving the Senate to come up with places to cut to preserve their budget priorities. The sequester was designed to produce an unpalatable combination of cuts to force negotiations on where to make these cuts instead.

    16. Re:Great, but lets COMPROMISE by drinkypoo · · Score: 1

      bump federal tax on gas/diesel by .20 this year. .10 to go to R&D (which should also be used for oil/gas, coal, and nukes), and .1 to go to fed/state DOTs. The .1 from diesel (which is mostly interstate trucking) goes to the feds, while the .1 increase from gas goes to the state's DOT. Then next year, increase it .1 again, but all of that goes to the DOTs. Do that for the next 4 years.

      No, no, a thousand times no. We already have 1:1 replacements for both diesel and gasoline. They are called green diesel and butanol, respectively. We are not using these not because we can not, or because we do not have the technology, but because there is still profit to be made releasing sequestered carbon. They don't have to build anything or change anything to keep making massive piles of money, so they will continue on their current course to avoid uncertainty.

      The US government in the form of the USDOE(nergy) spent many millions of taxpayer dollars to prove that it was economically feasible to produce biodiesel from algae. Along the way they proved that you can sequester up to 80% of the CO2 output of coal- or oil-fueled power plants, converting it into algae which is then made into biofuel and fertilizer. (The waste is compost.) Taxpayer money was also used to develop the patent being used to prevent production of Butanol fuel for sale to the public. The company suing to prevent is is Butamax, a shell company for GE and DuPont. The patent is also blatantly obvious and should never have been granted on that basis.

      We do not need to develop altfuel technology in order to use it now. We only need to develop the will to use the technolgies whose development We The People have already paid for.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    17. Re:Great, but lets COMPROMISE by MightyYar · · Score: 1

      They did compromise - taxes went up on the rich. The sequester itself was a compromise between defense cuts and other discretionary spending. You might not have noticed because apparently this narrative doesn't sell commercial time.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    18. Re:Great, but lets COMPROMISE by MightyYar · · Score: 1

      85 billion isn't a meaningful budget cut when your annual deficit is well over 1 trillion dollars. It's like bailing out the Titanic with a bucket.
         

      I agree completely. I don't really care too much how they close the deficit - budget cuts or taxes. But I think it is immoral to fund non-infrastructure expenses with debt. We are subsidizing our own lifestyle and passing the bill to our kids.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    19. Re:Great, but lets COMPROMISE by WindBourne · · Score: 1

      Quit lying. Taxes did NOT go up on the rich. They were not given the tax break permanently that others were given.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    20. Re:Great, but lets COMPROMISE by WindBourne · · Score: 1

      BS. We constantly stumble from one issue to another with the neo-cons making big todo's out of EVERYTHING. They believe that nobody will pay attention to their lies. Hell, look at the fact that they are doing as little as possible about the illegals here. They continue to want the illegals here, but as illegals.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    21. Re:Great, but lets COMPROMISE by stenvar · · Score: 1

      An "issue" is not a "crisis". A "crisis" is something that occurs within a short period of time and it's where something is changing fundamentally. None of that applies to illegals, or the budget, or sequestration, or health care, or drugs, or guns, or any of the other fabricated "crises".

      As for illegals, until someone figures out the right thing to do, we can live with the current situation for a few more years, just like we have lived with it for decades. And make no mistake about it: Democrats are just as responsible for failure of meaningful immigration reform as Republicans, because Democrats want to protect their union buddies from competition.

    22. Re:Great, but lets COMPROMISE by MightyYar · · Score: 1

      I'm not lying. This year, rich people will pay a higher percentage of their income to taxes. That is a tax increase.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    23. Re:Great, but lets COMPROMISE by WindBourne · · Score: 1

      We did price controls in the 70s. You were not around to see the disaster that it produced.
      Likewise, USSR had price controls.
      Finally, China still has price controls on most of their nation's goods that are not exported.

      My answer is, no thanks.

      Also, you really need to be able to add.
      .20 the first year and .10 a year thereafter for another 3 years. That adds .50 to taxes. Also, oil is expected to drop to $50/bl by fall. And finally, we have replacements via joules bioenergy coming on-line over the next 4 years. Combine that with [LC]NG coming on strong, well, I see diesel and gas dropping quick. What is needed is for us to raise the taxes on diesel and gas and use it for infrastructure.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    24. Re:Great, but lets COMPROMISE by WindBourne · · Score: 1

      When you are mugged you get nothing. When you are taxed, you get things. Now, if you do not like our taxes, please, leave. You are free to go. Try china. I think that is more in-line with what you neo-con types like.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    25. Re:Great, but lets COMPROMISE by Rakarra · · Score: 1

      Of course, the ones creating all of these crisis and not compromising in the least, are the republicans. You did note that Romney lost the election and that a number of republicans congressmen lost their seats. Right? At the next election, the house will likely go to the dems.

      I think that's fairly optimistic. Last election all house seats were up for grabs, and the balance of seats there didn't change to any meaningful degree. What do you anticipate changing in the next two years that will alter the status quo? Nov 2012 was a vote for more of the same -- same President, same House, same Senate.

    26. Re:Great, but lets COMPROMISE by Rakarra · · Score: 1

      BS. We constantly stumble from one issue to another with the neo-cons making big todo's out of EVERYTHING. They believe that nobody will pay attention to their lies. Hell, look at the fact that they are doing as little as possible about the illegals here. They continue to want the illegals here, but as illegals.

      Depends on where they live, the neo-cons are not truly unified on the issue. There are tons of them along, say, the Arizona border, for whom national security trumps every other issue, and border security is a pretty big thing. They don't "illegals crossing over to take American jobs," even if those jobs are toilet scrubbers. The neo-cons in the non-border states though... they might feel differently.

    27. Re:Great, but lets COMPROMISE by Magius_AR · · Score: 1

      Taxpayer money was also used to develop the patent being used to prevent production of Butanol fuel for sale to the public. The company suing to prevent is is Butamax, a shell company for GE and DuPont. The patent is also blatantly obvious and should never have been granted on that basis.

      https://www.nytimes.com/2012/10/24/business/energy-environment/weighing-butanol-as-an-alternative-to-ethanol.html?_r=0

      "Several companies are leading the push for butanol, including Gevo of Englewood, Colo., and Butamax Advanced Biofuels, a joint venture of BP and DuPont based in Wilmington, Del."
      "Butamax is producing butanol at a demonstration plant in Hull, England. And in the United States, it has organized an alliance of ethanol producers who are considering making the shift. "

      These don't seem like people gungho on preventing the release of this technology...are you tinfoil-hatting?

    28. Re:Great, but lets COMPROMISE by drinkypoo · · Score: 1

      These don't seem like people gungho on preventing the release of this technology...are you tinfoil-hatting?

      No, I'm informed, which is what you would have been if you knew how to use google.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    29. Re:Great, but lets COMPROMISE by Magius_AR · · Score: 1

      No, I'm informed, which is what you would have been if you knew how to use google.

      Did you read your own link? Both of these companies would love to use this tech. They're fighting over who has the business rights to it. This isn't some shell company purposely creating red tape to prevent the deployment of this tech This is two companies who see an immensely valuable up-and-coming market that they both want a monopoly on. Those aren't even remotely the same. This is a genuine patent dispute, with a bunch of rich assholes trying to be first to market. It's Dish vs Tivo, in biofuels. Whether or not the result of such bickering is good or bad for the environment is a different argument. But you specifically claimed this was some engineered attempt by Big Oil to make sure this tech doesn't see the light of day. And I correctly labeled you a tinfoil nutter.

  10. Better to be careful though by Torodung · · Score: 1

    These days, and this is only an unsubstantiated instinct not anything backed by fact, it seems like "clean energy" is more akin to "perpetual motion" than science. That goes for "clean" coal as well, which is truly in unicorn territory.

    I'd like to see a detailed offering of what he intends to fund, and what concessions he's willing to make on "actual energy" solutions in the interim, rather than allow a blank check to be written for what amounts to venture capital measures.

    1. Re:Better to be careful though by Anonymous Coward · · Score: 0

      That goes for "clean" coal as well, which is truly in unicorn territory.

      You know, I don't like coal. Mining it is nasty. It produces more CO2 than any other fuel. And what's left over after burning is a pain to get rid of. Still, with proper scrubbers it's pretty "clean". Better than your car. Yes, way too many plants are still grandfathered from the clean air act (A big fuck you to GWB here), but the rest aren't such bad emitters, beyond the burned carbon.

    2. Re:Better to be careful though by drinkypoo · · Score: 1

      Yes, way too many plants are still grandfathered from the clean air act (A big fuck you to GWB here), but the rest aren't such bad emitters, beyond the burned carbon.

      I know someone who stopped climbing stacks to test them for excessive emissions when his wife gave birth. He let me know that literally everything sampled was out of compliance. I'm afraid I simply can't believe some coward's opinion on coal plant emissions over someone who actually knows something about them... especially a coward without a name.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  11. Spending and Revenue or orthogonal decisions by PhamNguyen · · Score: 1

    Where the money comes from and what you spend it on are orthogonal decisions, and each should be made on its own merits. They are logically orthogonal decisions because once you have 2 billion dollars, you can decide to spend it on whatever makes the most sense.

    Generally speaking, funding alternative energy is absolutely necessary, but the devil is in the details. Government money spent right could achieve much more benefit than private sector spending, or it might be wasted, depending on exactly how it is allocated.

    As to taking revenue from oil or gas, it's not even clear from the article whether the revenue will represent a new kind of tax, or existing revenue will be used. In a new tax, it's not clear what the benefits of this would be.

  12. Re:Obama in other times would be Reagan by Byrel · · Score: 1

    By the sounds of things, idea generation. In reality, they're there to be appeal to different cultures. There isn't that large of a policy gap, that's for sure, but the rhetoric is radically different.

  13. I thought they had figured out clean coal by tepples · · Score: 1

    "Clean coal" is about as much an actual real thing as an "honest politician".

    I thought they had figured out how to do it (the coal, that is, not the politician). See a story from a few weeks back: New Process Takes Energy From Coal Without Burning It

  14. So which of his big donors by hsmith · · Score: 1

    Will the cash be going to this go around?

  15. Re:Obama in other times would be Reagan by Black+Parrot · · Score: 1

    By the sounds of things, idea generation.

    Yeah, last week someone described Ryan's "new" budget as Ayn Rand fan fiction.

    In reality, they're there to be appeal to different cultures. There isn't that large of a policy gap, that's for sure, but the rhetoric is radically different.

    In reality, they're there to help the rich get richer. Their appeal to "different cultures" is just a matter of exploiting anyone whose knees they can make jerk, so that they'll vote against their own best interests.

    --
    Sheesh, evil *and* a jerk. -- Jade
  16. How about the technology we already have? by drinkypoo · · Score: 1

    Let's see some Butanol.

    Let's see the money the US government spent on biodiesel research at Sandia NREL in the 1980s bear some fruit.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  17. Keystone by rossdee · · Score: 1

    Can somebody tell me why they can't put a refinery up in Canada, or even in ND where there is lots of oil. Running a pipeline all the way across the country just so this tar sand oil can be put through refineries that are going to be shut down by the storms in the gulf which are getting bigger due to climate change seems silly.

    1. Re:Keystone by Anonymous Coward · · Score: 0

      Can somebody tell me why they can't put a refinery up in Canada, or even in ND where there is lots of oil. Running a pipeline all the way across the country just so this tar sand oil can be put through refineries that are going to be shut down by the storms in the gulf which are getting bigger due to climate change seems silly.

      The Influence of Economic Factors on the Location of Oil Refineries

    2. Re:Keystone by WindBourne · · Score: 1

      Actually, they SHOULD run a pipeline over to wisc and put in a new refinery along with a thorium nuke plant to provide the heat.
      The problem is, that north America's oil needs are NOT going up. They are pretty steady. And with a push towards NG and electric vehicles, then our oil needs will drop.

      Finally note, that Keystone is NOT about getting oil to America. It is about getting oil to refineries in Texas who will then ship those oil products out. America will generally gain nothing out of keystone, with one exception. By having Canada send their oil/products to the international market, it lowers the price of oil all over. In addition, it is better for Canada to get the money from Japan and Europe than to have those nations continuing to send money to Iran, Russia, etc.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    3. Re:Keystone by Anonymous Coward · · Score: 0

      The basic issue is that: A) refineries are expensive to build, B) the refineries on the Gulf Coast have excess capacity, C) they are equipped to handle this type of heavy oil, D) the refineries that exist are closer to the main markets for the refined product (for various reasons, being close to the market allows refineries to respond to market demands easier than if they're at the end of a very long pipe). In short, it would be cheaper to ship the crude oil to refineries that are already there than it would be to build a new one in Canada and ship the refined product.

    4. Re:Keystone by budgenator · · Score: 1

      Canada has plenty of refineries, in fact the area south of Sarnia Ontario is called chemical valley refineries and chemical plants as far as the eye can see. In 1858, oil was discovered in Oil Springs Ontario and the expertise developed by the Canadians in drilling and refining pretty much established oil industries all over the world. Unfortunately do to geography, it's much closer and easier to transport the crude from the Athabasca oil sands to refineries in Houston-New Orleans area via the Keystone Pipeline System than it is to Sarnia; to get to Sarnia they would have to extend the proposed pipeline through Illinois, Indiana and Michigan then cross the St. Clair river into Chemical Valley.

      --
      Apocalypse Cancelled, Sorry, No Ticket Refunds
    5. Re:Keystone by khallow · · Score: 1

      Can somebody tell me why they can't put a refinery up in Canada, or even in ND where there is lots of oil.

      Regulations greatly inhibit the building of new refineries in the US (only a handful have been built in the last thrity years), but are less restrictive on the expanding of existing refineries. So one builds oil pipelines from where the oil is to where the refineries are.

      refineries that are going to be shut down by the storms in the gulf which are getting bigger due to climate change

      Where's the evidence that this is happening? My view is that claims of "extreme weather" including your assertion above are remarkably flimsy and unscientific even by the standards of the current "climate change" debate.

      It's also worth noting that we've had large hurricanes hit refineries before, and it just isn't that bad. Some may be down for a few weeks, but they come back up.

    6. Re:Keystone by khallow · · Score: 1

      And with a push towards NG and electric vehicles, then our oil needs will drop.

      There's no such "push" unless you count continued, incompetent attempts by various governments in the US.

      Finally note, that Keystone is NOT about getting oil to America. It is about getting oil to refineries in Texas who will then ship those oil products out. America will generally gain nothing out of keystone

      I gain nothing from your continued existence, but that would be a poor argument for opposing your existence as a consequence. While it could be argued that the US would gain nothing from this pipeline, it is also true that a large number of US citizens would gain at no significant loss to the rest of us (which is why the effort is still progressing along despite the considerable interference from the Obama administration and elsewhere). That's in my view a great reason to allow such endeavors to continue.

    7. Re:Keystone by WindBourne · · Score: 1

      There's no such "push" unless you count continued, incompetent attempts by various governments in the US.

      You mean the $7500 for electric or NG cars is NOT a push towards such? Or that more than 33% of the state govs. have said that all future vehicles will be NG so as to not import oil? You mean that those are not pushes?

      Finally note, that Keystone is NOT about getting oil to America. It is about getting oil to refineries in Texas who will then ship those oil products out. America will generally gain nothing out of keystone

      I gain nothing from your continued existence, but that would be a poor argument for opposing your existence as a consequence. While it could be argued that the US would gain nothing from this pipeline, it is also true that a large number of US citizens would gain at no significant loss to the rest of us (which is why the effort is still progressing along despite the considerable interference from the Obama administration and elsewhere). That's in my view a great reason to allow such endeavors to continue.

      As I said, Keystone is NOT about getting oit to America, in spite of the BS that we are fed. However, I back it for a different reason. Basically, if the west is exporting oil, while we move off of oil for transportation, then it drops OPEC's ability to control the west. However, Transcanada's, the American oil companies, and the republican claim that this is about sending oil to America is total BS.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    8. Re:Keystone by khallow · · Score: 1

      There's no such "push" unless you count continued, incompetent attempts by various governments in the US.

      You mean the $7500 for electric or NG cars is NOT a push towards such? Or that more than 33% of the state govs. have said that all future vehicles will be NG so as to not import oil? You mean that those are not pushes?

      Recall the phrase "continued, incompetent attempts". Sure, they are pushes. But it'd be better if those politicians had stayed out of the game.

      As I said, Keystone is NOT about getting oit to America, in spite of the BS that we are fed. However, I back it for a different reason. Basically, if the west is exporting oil, while we move off of oil for transportation, then it drops OPEC's ability to control the west. However, Transcanada's, the American oil companies, and the republican claim that this is about sending oil to America is total BS.

      I imagine they'll sell to the US as well since that remains the largest market out there.

    9. Re:Keystone by WindBourne · · Score: 1

      Recall the phrase "continued, incompetent attempts". Sure, they are pushes. But it'd be better if those politicians had stayed out of the game.

      Why do you say that?

      --
      I prefer the "u" in honour as it seems to be missing these days.
    10. Re:Keystone by khallow · · Score: 1

      You mean the $7500 for electric or NG cars is NOT a push towards such?

      What is the purpose of this subsidy? Why aren't fuel efficient cars getting it as well?

      Or that more than 33% of the state govs. have said that all future vehicles will be NG so as to not import oil?

      What is the problem with importing oil? Why do these state governments think that spending more for natural gas powered vehicles will help significantly?

      My view is that this is status signalling. Much as a human male buys a pricey sports car to lure females, the politician announces these sorts of policies and spends public funds in order to lure the environmentalist vote.

  18. Re:Obama in other times would be Reagan by Byrel · · Score: 1

    How very... trollish of you.

  19. Re:Obama in other times would be Reagan by CncRobot · · Score: 0, Offtopic

    Just this week, Biden, told us that just slapping women is not that bad of a thing. Lets add to that all the personal attacks against Palin and her kids and then reexamine your statement about which party hates women.

  20. European Viewpoint by Anonymous Coward · · Score: 0

    Reading through the present discussion feels very strange from a European viewpoint. Old energies have to be taxed and money has to be transferred to new sustainable technologies and research. That's what we do in Europe (even though the French are a little slow on following). We have extra taxes on gasoline to help people deciding for more fuel efficient cars and houses. One result of this is, that we use half the amount of oil/gas than the average US citizen.

    BTW: The US solar companies went bankrupt, because they have not such stable conditions like we had in the past in Europe for wind power (and also for solar plants). So if you don't want to loose this race to Europe or even more the Chinese, then the government has to invest more than just $20 billion dollars.

    1. Re:European Viewpoint by MightyYar · · Score: 1

      So if you don't want to loose this race to Europe or even more the Chinese, then the government has to invest more than just $20 billion dollars.

      I'm not 100% sold that we need to win this race. If China wants to subsidize solar panels for US citizens, what's the harm? Yes, they will distort the market and the US will lose some solar panel manufacturing jobs, but in return they get pieces of paper... IOUs. So we get real stuff that pumps out electricity and they get paper producing less than 1% interest. And then, at some point, they will probably want to cash in that paper (at inflation reduced value). What will they buy with it? American goods and services! So here come the jobs back...

      The whole strategy of subsidizing industries is short-sighted and ultimately a loss. The only way it can work is if you completely monopolize production and then make a ton of money by gouging until alternative supply can ramp up.

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    2. Re:European Viewpoint by Cyberax · · Score: 1

      Until the moment China decides: "no more _cheap_ solar panels for _you_". Then suddenly it makes all your enterprise to be at a disadvantage compared to native Chinese manufacturing. Oh, and also China would get an R&D infrastructure built and ready so you won't be able to overtake them.

    3. Re:European Viewpoint by MightyYar · · Score: 1

      Until the moment China decides: "no more _cheap_ solar panels for _you_". Then suddenly it makes all your enterprise to be at a disadvantage compared to native Chinese manufacturing.

      Yes, well, I mentioned that scenario. If they managed to corner the market and then curtailed demand, they would reap some short-term benefit. Agreed.

      Oh, and also China would get an R&D infrastructure built and ready so you won't be able to overtake them.

      I used to have that opinion, and then I saw how quickly China built up their industrial base. I no longer have that opinion :)

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
  21. How about a plan where everyone wins? by Immerman · · Score: 5, Interesting

    Can't argue that government subsidies of industry have a long history of being more about cronyism than anything else, so how about we "subsidize" green energy development in a completely even-handed manner governed by the free market? By phasing out the massive subsidies and environmental protection exemptions we're handing out to fossil fuel suppliers on an ongoing basis.

    As fuel prices begin to rise *every* green energy project will start to look more attractive to investors, and we can stimulate dramatic investment in the field while simultaneously reducing government expenditure. If we're worried about the chilling effect that would have on the poor and the broader economy we can repurpose those funds in terms of, say, a refundable tax credit so that most people and businesses will see no net change, but will have greater incentive to pursue energy efficiency which would provide a net increase in available funds versus the status quo.

    If we're worried about undermining domestic oil production versus foreign then fuel tariffs are the obvious answer. There may be some political fallout from that, but so long as they're tied to offset the reduction in subsidies I suspect most other governments actually wouldn't have a real problem with them, though they'd no doubt make some noise to gain political capital. Heck, earmark the tariff revenue for the tax refund coffers and everyone will see an immediate benefit except the oil companies. If we're willing to spend a bit of political capital and risk setting off a trade war we could even set the tariffs high enough to offset the loss in subsidies so that the domestic oil companies benefit as well.

    Seems like it could be a big win all around. Am I missing something?

    --
    --- Most topics have many sides worth arguing, allow me to take one opposite you.
    1. Re:How about a plan where everyone wins? by Anonymous Coward · · Score: 0

      The poor who can't bear this "chilling effect" right away. A tax break doesn't help if your living day-by-day or week-by-week or even month-tomonth

    2. Re:How about a plan where everyone wins? by Immerman · · Score: 1

      It does if you start phasing in the the tax break a year before you start phasing out the subsidies. Moreover the whole point of phasing something in/out is so that the changes in any given year are relatively minor and everyone has plenty of time to adjust

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
  22. He's right by Anonymous Coward · · Score: 0

    The private sector can't afford to pour billions of dollars into the pockets of Democrat campaign donors.

  23. HOWTO identify the cost: ask them how much it cost by Anonymous Coward · · Score: 0

    How do you internalize a cost when you can't identify the cost?

    Uhh... by measuring it?

    "You used n tons of fuel this year, which contained i zazzofrazzoMoles of carbon. Your private forest, over here, has also been measured to contain i zazzofrazzoMoles of carbon in new growth since last year. Congratulations, you're in compliance and won't be fined as a polluter, much less have your charter revoked and your board charged under RICO as a repeat polluter. I only wish more of my audits were of upstanding companies like yours. So.. if you won't mind me asking, just curious.. what did it cost you to plant that forest?"

    "Oh really, $k? I know a guy named AK Marc who is interested in that figure."

  24. Oops, that last sentence got cut off by Trailer+Trash · · Score: 1

    "But the president still faces an uphill battle passing any major energy law, given how politicized programs to promote clean energy have become in the wake of high-profile failures of government-backed companies that were owned and run by Obama's friends and campaign donors."

    Fixed it.

    1. Re:Oops, that last sentence got cut off by Ksevio · · Score: 1

      Right...because no company that donates to a campaign or has friends in the government should ever get money.

      I'm guessing you don't know much about Solyndra. They had an amazing product. Much better, cleaner solar panels that would have sold and been profitable. The problem was China (where environmental concerns aren't an issue) started producing cheap solar panels and the price dropped dramatically which pushed Solyndra out of the market.

  25. Re:Obama in other times would be Reagan by PixelScuba · · Score: 1, Informative
    Did... did you even read that link you posted? They had to update because they only played a truncated comment from Joe Biden. The full comment says...

    We’ve learned that certain behaviors on the part of an abuser portend much more danger than other behaviors. For example, if an abuser has attempted to strangle his victim, if he has threatened to shoot her, if he has sexually assaulted her, and there’s a number of other signs, about eight others. These are tell-tale signs to say this isn’t your garden-variety slap across the face, which is totally unacceptable in and of itself.

    As for which party hates women... Ooh ooh can I take a guess? Is it the one that The one that says women can't control their own bodies and are not entitled to birth control as part of their health insurance?

  26. all the astroturf in this article amazes me... by Anonymous Coward · · Score: 0

    the two '3+' comments right now are both against this idea... one saying "Solendra" and the other saying "Free market, etc", which are the talking points that the conservative have been using because "big oil(which is often not the oil companies themselves, but companies which use oil byproducts, such as lubricants, etc)", (which also have been proven to often be coming from directly from the mouths of the Koch brothers, and other entrenched interests like that), shows how good their astroturf is. Gods... I wish people's comments like "by Jah-Wren Ryel (80510) on Saturday March 16, @06:43PM (#43193435)" would actually get more upvotes... because they link GOA reports and FACTS *gasp*

    1. Re:all the astroturf in this article amazes me... by LenE · · Score: 1

      I appreciate that an AC thinks I am an astroturfer, but I assure you I am not. I don't work for any energy company, and I don't actually know anything about the Koch Brothers, although I gather they are somehow like a George Soros of the right.

      Don't assume that because someone doesn't agree with your point of view, they are bought and paid for by some monied entity. Blind adhesion to an ideology is an expensive sort of ignorance. Get better educated by venturing outside of whatever echo chamber you occupy. Ask just as many questions about that which you believe, as you would about that with which you disagree.

      Without questioning everything, you never will know how weak or solid your position is. It is my opinion that many politicians, the President not the least of whom, rely on the ignorance of the general populace to repeatedly build straw men. Most of these are flimsy facades held together with sneering rhetoric, and little factual basis. There are villains in the corporate world, but the vast majority of public companies are not the malevolent actors that they are painted as. Most are afraid of the regulatory clubs that the government wields.

      -- Len

    2. Re:all the astroturf in this article amazes me... by Anonymous Coward · · Score: 0

      I post as AC, because I never felt the need to sign up for /. , despite being here for years, And I don't assume that YOU in particular are an astroturffer, but that you're saying their talking points, which just means that you watch fox news, nothing more, nothing less.

    3. Re:all the astroturf in this article amazes me... by LenE · · Score: 1

      Perhaps if I had cable...

      I prefer to dig into topics until I have a solid factual basis to form my opinions. It is called being intellectually honest. You may want to try it sometime, at least to give some backing to your righteousness.

      I'm not dismissive of you because of any "news" outlet you may or may not use, so I'd expect the same courtesy.

      -- Len

  27. what about? by arbiter1 · · Score: 0

    What about the 500million $ the obama administration put in to that one solar panel maker that end up bankrupting little over a year later?

  28. Build some nuclear plants first by Hentes · · Score: 0

    70% of America's electricity comes from fossil sources, so switching cars to electric wouldn't help much. Even worse, it would increase the electricity demand and the only thing that can quickly satisfy a rapid increase in demand is fossil.

    1. Re:Build some nuclear plants first by Anonymous Coward · · Score: 0

      70% of America's electricity comes from fossil sources, so switching cars to electric wouldn't help much. Even worse, it would increase the electricity demand and the only thing that can quickly satisfy a rapid increase in demand is fossil.

      Coal plants are more efficient than diesel and gasoline engines. Charging electric cars off a coal fired plant has a lower carbon footprint than powering the cars directly with fossil fuels. It depends on the energy efficiency of the coal plant which can be as high as 45-50% whereas the energy efficiency of a gasoline engine, which is by far the most popular internal combustion engine, is around 25%. Opinions differ but apparently the worst case with an electric car charged off a coal plant is that you get the same kind of savings as with a conventional car vs. a hybrid, i.e. 10-15%. The big advantage with electric cars, even whey they are charged with coal power, is that you are able to convert thousands of cars from fossil fuel power to clean power by simply retiring the coal fired plant and replacing it with a new less polluting one. Try doing that to a fleet of thousands of gasoline cars.

    2. Re:Build some nuclear plants first by Hentes · · Score: 1

      You assume that electric cars have 100% efficiency which is not the case. Charging is inefficient, and the electric motor also adds some loss. Not to mention the extra weight of all the batteries.

    3. Re:Build some nuclear plants first by Cyberax · · Score: 1

      Outlet-to-wheels efficiency of electric cars is about 90% and can fairly easy go to 95% or so. That's the real-world data from Nissan LEAF and Chevy Volt.

  29. Obama's false premise by MSTCrow5429 · · Score: 2

    So we're the Saudi Arabia of natural gas and coal, and have vast amounts of oil to last for decades at minimum. Why does he want to spend our money on this?

    --
    Slashdot: Playing Favorites Since 1997
    1. Re:Obama's false premise by Anonymous Coward · · Score: 0

      His hands are tied. Better to ask that of energy company officials, sovereign fund directors, hedge fund managers...

      Is it really that hard to figure this out, or just facile to blame it all on the President?

    2. Re:Obama's false premise by the+eric+conspiracy · · Score: 1

      > to last for decades at minimum

      That is a gross overestimate of the actual resources available.

      http://www.theoildrum.com/node/9751

      http://www.oilcrisis.com/

      http://dieoff.org/

    3. Re:Obama's false premise by DirePickle · · Score: 2

      Have you never played a real-time strategy game? You always use the easily-obtained resources to finance the research/construction/expansion necessary to move on to something more permanent.

    4. Re:Obama's false premise by gestalt_n_pepper · · Score: 1

      So, you don't plan to be alive in 20 years?

      --
      Please do not read this sig. Thank you.
    5. Re:Obama's false premise by Anonymous Coward · · Score: 0

      And the only possible way we'll survive is if the government works thing out for us?

      Maybe you define being "alive" as "depending on good government planning in order to get by", but I sure don't.

    6. Re:Obama's false premise by Anonymous Coward · · Score: 0

      We have 1,000+ years of known coal reserves. We have so much of it we don't bother looking for it anymore.

  30. Re:Obama in other times would be Reagan by Anonymous Coward · · Score: 0

    ZONG OMG I shouldn't have to pay for my own condoms!!!! Anyone who says otherwise is an evil woman hater!!1!

  31. Not again..... by Anonymous Coward · · Score: 0

    The Federal government doesn't have a good track record of producing commercially viable systems. At best they can SOMETIMEs produce worthwhile components which eventually become commercially viable. Often after spending insane amounts of money and having dozens of flops. The best thing the feds could do to encourage green energy is fix the patent system so that innovators don't have to worry about being squashed by big companies & patent trolls. As well as directing government agencies to buy green energy systems (cars, backup generators, etc) & encouraging residential & business use of green energy systems. Let the industry build the systems, at most maybe put a small amount of funds (a couple hundred million) per year into pure research in the areas in question (solar cells, storage systems, etc) and patent the resulting findings for use by anyone who wants to use them.

  32. There's a difference... by Anonymous Coward · · Score: 1

    ...between funding research and funding companies.

    Fund research at national laboratories and universities and then license the technologies (for a reasonable but small fee) to companies to commercialize.

    That is fundamentally different from funding (or technically guaranteeing loans) particular companies. Especially since their research will probably be patented and proprietary.

    Just sayin'.

  33. Re:Obama in other times would be Reagan by Gordonjcp · · Score: 1

    I think it's the one where the majority of candidates agree with Todd Akin's comments about rape being legitimate. How can you possibly justify saying that it's okay to rape?

  34. For thorium reactors, sure, but others.... by gestalt_n_pepper · · Score: 1

    like biofuels (inefficient solar collectors that don't scale without ecologically disastrous consequences), ethanol (breakeven or negative net energy) are obvious losers. This is something that needs science oversight, not political oversight. Political oversight gets you ethanol, or whatever idiocy gets you elected next term. You need people who can handle math and physics for this one, not senators.

    --
    Please do not read this sig. Thank you.
    1. Re:For thorium reactors, sure, but others.... by stenvar · · Score: 1

      You need neither scientific or political "oversight". If a technology leads to cheaper energy, companies will work on it. If a technology doesn't lead to cheaper energy, it doesn't matter how much you subsidize its R&D.

      What the US government needs to do is relax regulations and obstacles for the deployment of new energy technologies, foremost new nuclear technologies.

  35. Business needs to fund it by Cat_Herder_GoatRoper · · Score: 1

    Because they will profit from it or they will not. The Government is in debt the money tree is dead.

  36. Re:Obama in other times would be Reagan by crutchy · · Score: 1, Informative

    the problem with the republican party is that there isn't really "a" republican party... there are the sheep candidates that follow whatever the latest news is on CNN (Romney) and there are the libertarians like Ron Paul that would have had a run for the presidency if the republican primary vote was actually fair (as in whole electorates in favor of paul not being excluded).

    obama won on the idiot vote (everyone on welfare wants more welfare so they will always vote for the guy promising more welfare).

  37. The bigger picture by charlesbakerharris · · Score: 1

    Let's not miss an important aspect of this: Obama just proposed ACTUAL POLICY SPECIFICS. This is really turning over a new leaf for him.

  38. Re:Obama in other times would be Reagan by kenh · · Score: 0

    I see what you did there - you left out the "federally-mandated" and "employer-subsidized" parts to make your argument appear valid.

    From your own link:

    We support the ability of all organizations to provide, purchase, or enroll in healthcare coverage consistent with their religious, moral or ethical convictions without discrimination or penalty.

    And it's Republicans that think women CAN control their bodies, it is the Democrats that demand birth control, morning-after medication, and (ideally) free abortions so that women aren't "punished with a baby" when their bodies somehow mysteriously become pregnant.

    --
    Ken
  39. WTF? by Anonymous Coward · · Score: 0

    Typical... Lets take 2 billion over 10 years from the oil and gas industry for clean energy research and make a big deal about it, while quietly ignoring the fact that we already subsidize the oil and gas industry to the tune of 3 billion or so a year.

    This is the kind of stuff our government does now... Meaningless gestures meant to appease stupid constituents who cant do math. The best (and obviously most financially logical) way to subsidize clean energy is to simply stop subsidizing oil and gas... It has the exact same effect on the market, but instead of costing taxpayer money it ends up saving it.

    Too crazy... I know.

  40. Oil Subsidy by Anonymous Coward · · Score: 0

    So, does this mean that we can end the Big Oil subsidy? How about the Sesame Street subsidy?

    1. Re:Oil Subsidy by mug+funky · · Score: 1

      sesame oil can be used in diesel engines.

    2. Re:Oil Subsidy by MightyYar · · Score: 1

      Personally, I don't think we should have corporate taxes. I think we should tax capital gains (and all dividends) as ordinary income. This would more than make up for the relatively small revenue from corporate taxes, and would quash squeals of "double taxation".

      --
      W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
    3. Re:Oil Subsidy by Muad'Dave · · Score: 1

      I bet that exhaust smells wonderful. I love the smell of toasted sesame oil, but a little goes a long way.

      --
      Tiller's Rule: Never use a word in written form that you've only heard and never read. You will end up looking foolish.
  41. Regressive Taxes Suck by Anonymous Coward · · Score: 0

    Because that is a regressive tax. Taxes that hit poor people the hardest are the worst sort of taxes. I'm not a big fan of the "fuck the rich" approach, but your proposal is most certainly a "fuck the poor people" one.

    1. Re:Regressive Taxes Suck by WindBourne · · Score: 1

      Sigh. I hate to tell you this, but by raising the prices slowly, it avoids hitting the poor. Look at Europe and other nations. They raised their taxes slowly over a long period of time to give ppl time to adjust to buying more efficient cars. In addition, our roads, bridges, dams, etc are crumbling. Why? Because we are not taxing enough. And considering that oil is expected to be around 50/bl next fall, this is dirt cheap time to raise these. And adding even .1/gal to 3.5 is not that much.

      It is LONG past time to raise taxes. If the gas tax goes to the states and the diesel tax goes to the highway system, then we will see repairs everywhere.

      --
      I prefer the "u" in honour as it seems to be missing these days.
    2. Re:Regressive Taxes Suck by drinkypoo · · Score: 1

      Our roads aren't crumbling for lack of money. They're crumbling for lack of fucks given. Companies are chosen to work on roads not because they will build a better road, but based on corruption. Everywhere I've lived, I've seen this in action. That doesn't prove it's everywhere, but as far as I can tell, it is.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  42. DOA by Anonymous Coward · · Score: 0

    Dead On Arrival.

    Also apropos for the Obama 2nd Term.

    Look forward to seeing Obama and Bush and their supplicants in shackles and neck irons before the Court Of The Hague to answer to crimes against humanity, murder, grand larceny and general lawlessness and disregard of law. :)

  43. Obama is an idiot by Anonymous Coward · · Score: 0

    Obama has wasted over $1B on green energy initiatives that have gone bankrupt. Obama is technically challenged. Obama is business management challenged. Obama is decision making challenged. All Obama has done for energy in the US is to insure that energy costs are going to skyrocket and the poor and the middle class will suffer. It is like he is intentionally destroying jobs, transportation to jobs, and the economy. Can anyone really be this stupid?

  44. Atlas is about to shrug for the last time... by TheRealHocusLocus · · Score: 0

    Lemmie guess. Obama will help push through sin tax penalties for industry on gasoline and diesel... then will stand for a moment poised to funnel it into the Algorian Fantasy Options like solar and wind --- because he's a slow learner. Then someone will whisper in his ear, "we tried that already" and he will instead toss the money into the air and it will flutter down into personal tax credits for everyone. Like the Bush Beans, only this cow will be milked quarterly. There will be lots of flowery language surrounding this voter kickback, how free money is "helping to offset the cost of fuel" and how everyone in America is now a "personal stockholder in the energy companies."

    A socialist page from the Chavez playbook but it will have a cute and catchy American name.

    And the energy corporations who have not done so already will move to Qatar. Then Al-Qaeda militants will surface in Qatar, who'da thunk it. The rest is history, again.

    Or president Obama could stop with the floundering and fleecing already, and offer tax credits to encourage the building of clean energy alternatives that will actually scale to meet current levels of demand. Not easy to do, but easy to figure out since there is only one to choose from.

    Nuclear fission (someday Thorium or fusion --- there is not enough time to dork around at present). I'm talking about a 100% nuclear powered North American electric grid with ~50% additional baseload capacity to finally realize electric cars and trucks. And I'm talking about a real interim solution for the storage of spent fuel until it can be bred back into the cycle. And making breeding a research priority too.

    Basically I'm talking about turning back the clock to a time after the "eternal" Texas and Oklahoma and fields had dried up and before the "eternal" Saudi oil fields were discovered. In the 1960s and early 70s no one believed that North American oil could sustain us any longer, and no one was imagining that coal would scale without environmental suicide. We were about to invest in nuclear energy --- all the way. If we had we would be at the 150% mark already. We'd have "real" electric cars already. This country would be a very different place, and the world would be a more peaceful and better place.

    But instead we turned our attention to colonizing the Middle East. First by enabling the oil-rich Saudi Arabia to evolve into the space age feudal system it is today... later, by managing and transmogrifying existing regimes through OPEC-bribes and armed conflict.

    In 1977 President Carter declared a moratorium on reprocessing spent nuclear fuel. For no damned reason at all that made any sense. Storing spent fuel forever was now the 'only' option. Concerned about proliferation he said, as the rest of the world set about to take the lead in breeder technology. On that day every nuclear engineer in the United States' jaw dropped to the ground in astonishment.

    Might I be so bold as to suggest that oil money and influence played a part in this.

    In 1979 The China Syndrome movie happened and Greenpeace happened. Despite the stern businesslike wording of Greenpeace's Wikipedia page concerning nuclear energy, how it is not the best option for the future... I must point out that they must have hired someone to write that. Because they have been emotionally, hysterically and shrilly against nuclear power for 35 years. BUT. While they have demonstrated a firm and 'manageable' resistance to oil production (without fronting any other options, that's someone else's job)... when it is time to move against nuclear energy their own money, energy and resources to wage these battles seem to have known no bounds.

    Might I be so bold as to suggest that oil money and influence played a part in this.

    Since Carter's mistake... Chernobyl and Fukushima (really bad) have happened and Three Mile Island (close call, still bad) has happened.

    --
    <blink>down the rabbit hole</blink>
  45. Try a little honesty... by Anonymous Coward · · Score: 0

    Yes, Obama speaks in public about compromise and balance and other poll-tested warm-and-fuzzy PR propaganda words... but he has steadfastly refused to put any actual cuts on paper with specificity. All the billions/trillions of dollars he and his supporters claim to have already made are in the form of planning to not spend money we were not planning to spend anyway.... For example: Obama accused Bush of "putting the Iraq war on a credit card" with the obvious implication being that we were not spending money we had on that war but were in fact borrowing to pay for it... and that's fine .... but now he claims that because he's no longer spending on that war, he has made a "cut" of that amount. First, this "cut" is fake because even Bush planned to be no longer waging war in Iraq by now (indeed, Obama pulled-out on the deadline Bush negotiated) so NOBODY planned to be spending that money. Second, this "cut" is fake because Obama has been going around telling various supporters that he plans to spend the money "saved" by not fighting that was on rebuilding infrastructure in the US (If you are moving your spending from one purpose to another then you cannot honestly claim a net cut). Third, the "cut" is fake because he himself said it was borrowed money, so not borrowing it is just a reduction in crazy borrowing that should not have been happening anyway. Oh, and in case you don't get it: if you are furiously digging a hole and you slightly reduce the rate of digging, you are STILL going down; you do not "save" any money (which can then be allocated to something else) if you have been borrowing like crazy and you then borrow a little less; If you simply switch from borrowing money for thing A to borrowing money for thing B you have made no net cut.

    What Barack Obama has refused to say is something like (for example) "if the Congress agrees to a 0.5% increase on the income tax of people who earn over a million dollars a year, I will agree to eliminate federal funding for the cellphone handout program by 10%". He will not, and has never, given specific cuts with specific programs and specific numbers. The closest he has come to this in public (as opposed to verbally in behind-closed-doors meetings, where he can later deny everything if some constituent group gets mad) is that he has recently said he might be willing to compromise on the chained CPI ... but again with no specifics...

    1. Re:Try a little honesty... by Cyberax · · Score: 1

      "Yes, Obama speaks in public about compromise and balance and other poll-tested warm-and-fuzzy PR propaganda words... but he has steadfastly refused to put any actual cuts on paper with specificity. "

      Bing! Wrong. Obama proposed specific cuts in "The Great Bargain" debacle 3 years ago. Do you remember about it? Republicans scuttled it.

      This year Obama simply said: "You're Congress. It's your job. Do it." and asked them to prepare a plan.

  46. fascism pretending to have your interests in mind by fascismforthepeople · · Score: 1

    The reality is that majority of the voters are morons

    Thank you for an unusual dose of honesty. Here you show that indeed you despise voters and democracy itself.

    This of course fits well with your standard M.O. of removing rights from the people. You pretend to be offering parity and compassion to people, when you are indeed striving to suppress the people of lower economic classes as much as you possibly can. You aim to take away their right to vote while simultaneously taking away their rights as citizens, employees, and human beings.

    In other words, you came to be trying to bring liberty, while you obviously aim to deliver fascism for the people.

  47. SCOAMF by Anonymous Coward · · Score: 0

    Robbing Peter to pay Paul.

  48. State visible hand by manu0601 · · Score: 1, Insightful

    We have reached oil peak, or will be reach it soon. Oil will tend to get more and more scarce and expensive. Market invisible hand seems unable to do anything about it (except lying about reserves), therefore it is high time that state visible hand gets involved. At least if we want to avoid chaos where we will have to choose between food, transport, or oil wars.

    1. Re:State visible hand by swillden · · Score: 1

      Oil will tend to get more and more scarce and expensive. Market invisible hand seems unable to do anything about it

      If the market can't do anything about it, why will it get more expensive?

      The increase in price that comes with scarcity, and the resulting incentive that drives increased focus on alternatives is the "invisible hand" of the market at work.

      --
      Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
  49. Where do you get this crap, Comedy Central????? by Anonymous Coward · · Score: 1, Interesting

    Argonaut Ventures (the tax shelter of billionaire George Kaiser (an Obama "bundler")) was one of the biggest investors in Solyndra. Kaiser and his people are frequent visitors to Obama and none of us knows what they say to each other in private, but in addition to landing hundreds of millions of taxpayer dollars directly for Solyndra, in 2010 Obama cut a slick little deal with them that lets them xfer losses from Solyndra to Argonaut. Why? Well since Solyndra was not making money, losses could not offset anything there to further reduce taxes there... but allowing a rich family's fund to record the losses lets it depress its tax status... Abra Cadabra! Shazam! Another rich Democrat family keeps and passes-on its inherited wealth from one generation to the next (like the Kennedys and the Rockefellers etc) This is just one dirty little tale of the folks behind the scam called Solyndra... it was not a Republican company nor were its investors aligned with the Republicans (you seem to have just extracted that from your posterior). On the off-chance that you are just a mindless Obamabot and are citing things you think you remember hearing somewhere, the Republicans did have ONE involvement with Solyndra: The company came-up for consideration for a DOE loan under the Bush administration, and after the Bush people looked into it they said, in effect, "Are you KIDDING???? this thing is a house of cards with no future and the taxpayers would take a hit!". As a result, Bush rejected the idea of funneling taxpayer money to a "business" run by people who had no viable plan for success in a free market.

    The GAO (non-partisan) reports that $16.4 billion of the $20.5 billion in loans granted under just one of the "green energy" programs went to companies that were run or owned by Obama financial backers (the trend was similar in the other related programs). They further reported that in the initial wave of loans "none were properly documented" and officials “did not always record the results of analysis” the loan programs lacked performance measures and "No notes were kept during the review process" (of the loans) so there is not even a record of why each company got a loan, how the size of the loan was determined and under what conditions the load would be cancelled. In many cases the loans went to companies that then went bust (without re-paying the taxpayer) and in the case of Solyndra the Obama DOE blatantly and illegally placed the shareholders (Obama supporters) ahead of the taxpayers in the bankruptcy proceedings.

    Steve Westly (another Obama fundraising "bundler") was given a position as an "advisor" for the Secretary of Energy Steven Chu... VERY convenient when you want DOE to hand out hundreds of millions of taxpayer dollars to "green companies". The Obama admin is awash in venture capitalists who bundled money to get him elected and who then got loans that will never be repaid (Obama had to get his BILLION dollar campaign war-chest from SOMEWERE... and that somewhere was never going to be the unwashed hippie park campers of the "occupy movement").

    The current tally does not support you claims of success... Solyndra was not the only one that went down... heard of " VantagePoint Venture Partners" or "Ener1" or "Amyris"??? You ought to read-up because you will be paying higher taxes for the rest of you life to pay "you fair share" of the the extra debts incurred fgunding all this stuff

  50. beacuse... by Anonymous Coward · · Score: 0

    that would yield NO money

    You see, the "big oil" tax "subsidies" the extreme left of the democrat party is screeching about are the tax deductions that all such companies get... in other words it's not a flow of taxpayer money TO those businesses that can be shut-off or re-directed... it's the government letting a company keep more of its own revenue in recognition of the basic expenses of operating a business in a particular field. In the case of "big oil" many of the so-called subsidies that are industry-specific are actually tax deductions that apply to the smaller exploration firms which go around exploring for oil. The non-industry specific tax breaks "big oil" gets are the same ones all other businesses get; they get to write-off their expenses so that they are only being taxed on profits, and there's not an easy way to justify removing those tax breaks without taking the same breaks away from all other successful businesses.

    The rhetoric about "big oil" and "subsidies" serve political demagogues like Nancy Pelosi and Barack Obama very well when they are out on the campaign stump speaking to their dim-wit supporters, but they do not really exist which is why these pols can have all the power of total government dominance (as they did in 2008 and 2009) and they still did nothing on the subject.... it was always a lie intended to garner votes of the gullible and uninformed (like people who think a late-night comic is a news source).

  51. Obama by Anonymous Coward · · Score: 0

    Is a stuttering clusterfuck of a miserable failure.

  52. Facts and history matter by Anonymous Coward · · Score: 0

    The Koch brothers are not even big-time conservative Repubs... they are libertarian business guys (I think they are even pro-gay) but the left uses them as bogey-men because they have funded some Republican political activity (probably on the theory that a Republican is at least better for business than a Democrat rather than out of a deep love of the GOP)

    George Soros, on the other hand, is one of the most vile pieces of excrement to ever walk the Earth and he is a big funder of nearly every left-wing Democrat think tank and web site out there. What makes him so vile? Well, unlike any other left-wing money man, George is one of the last surviving NAZI collaborators on Earth (yeah, those ACTUAL Hitler-saluting goose-stepping take-over-the-world-and-kill-all-non-aryans NAZIs of the WWII era, as opposed to some modern internet meme cartoon NAZIs). And George is not even a typical collaborator who in post-war years fell to his knees to beg forgiveness .... no, George says he is proud of those days, those days were some of the best of his life, and that his collaboration made him feel like a God. There. That's your modern Democrat funder.

    The Koch brothers may be many things, BUT neither they nor any other human beings belong in the same category as George Soros. Traditional Democrats would not have sat at the same table with Soros and would not take money from him... but today's Democrat party is a radical caricature of its former past. Democrats of the JFK era were big on national defense, most were religious, most were pro-life, none were pro-gay-marriage, and many had fought against the NAZIs and their collaborators... JFK must be spinning in his grave...

  53. Your reading comprehension skills are apalling by Anonymous Coward · · Score: 0

    First, Todd Akin is an idiot... and anybody who puts the words "legitimate" and "rape" together the way he did is either a moron or Teddy Kennedy or Bill Clinton (think about it)

    Todd Akin, however, did NOT say rape was legitimate. He had the bone-headed idea that if a woman was raped in the violent-attacker-assualts-woman sense (he said "legitimate rape" where he probably would have been been better served by "actual rape"), her body would react in a way that would greatly reduce the chance of a resulting pregnancy; and that this was different from a situation like where a woman regrets an intimate encounter and later claims "date rape". He was an idiot politician who got cornered into answering a question on a subject he did not understand and he stupidly went-off on his own to tie the noose he would be hanged with. There are some medical people who believe this, have cited research on it, and have stated it, and Akin was apparently hanging his hook on this, but he was an idiot and deserved to go down in flames. After all, there are people who believe in "cold fusion" and cite research but that does not make their claims legitimate. In case you failed to notice, the Republican party recoiled in horror at his idiocy and withdrew funding from his campaign even though it meant losing the seat. The GOP establishment promoted the moron in the primary over the female candidate that Sarah Palin had endorsed, ha, ha

    So in summary, no matter how much you want it to be so and no matter how stupid he was, Todd Akin never said it was OK to rape

  54. nice try... by Anonymous Coward · · Score: 0

    Up in Alaska, the oil companies have to send cash to the citizens for that oil they pull-out of the ground and that presumed stupid, and hated-on-Slashdot, lady Sarah Palin worked to eliminate some of the crony-deals they had. She raised the amount that each family gets each year from the oil beneath their state... Part of the reason she was one of the most-popular governors in America before she was picked to run as VP and the democrat memo went out saying everybody needed to mock her and claim she was stupid. Never mind the facts, she wrote some notes on her hand once before giving a speech... but let's ignore that Obama needed two teleprompters to talk to a room-full of elementary school kids....

    1. Re:nice try... by AK+Marc · · Score: 1

      She raised the amount that each family gets each year from the oil beneath their state..

      No, she did not. She tried to eliminate it and failed. The formula to generate the PFD is set by law, the one she tried to change to take the PFD from the people and use it to increase the size of the government. But then, I wouldn't expect some arrogant coward who gets all his news from talk radio to have a passing ability to recognize facts.

    2. Re:nice try... by Anonymous Coward · · Score: 0

      You don't know anything about the guy she replaced, who managed to have the lowest approval rating (lower than Bush!) without actually doing anything illegal. You also missed that part where she abandoned that particular post to pander to morons like you.

      Alaskans hate Sarah. You don't quit being governor to do a fucking TV show.

  55. Re:Obama in other times would be Reagan by aztracker1 · · Score: 1

    How about the one that hasn't put a woman up on a presidential ticket? (VP or Pres)...?

    --
    Michael J. Ryan - tracker1.info
  56. Re:Ha, Ha, what a TOOL... by Jah-Wren+Ryel · · Score: 1

    Tell me... did you believe, regurgitate, cite as authority etc the White House web site when it was Bush and the subject was "Iraq" or "Waterboarding"?????

    Yeah, because an accounting audit of a congressional program is so totally nebulous that anyone can make up anything they want about it and nobody would be the wiser.

    If you want to compare apples to apples, then compare it to the statements that Obama and company have made about drone strikes. They are being at least as secretive as Bush was about WMDs in Iraq and torture, and are at least as untrustworthy on the unverifiable details.

    --
    When information is power, privacy is freedom.
  57. it's still a boondoggle by stenvar · · Score: 1

    The taxes on fossil fuels should be used to pay down the debt.

    The US government should get out of the business of handing out money for product-oriented research.

  58. Use Taxes from Gas Sales by Anonymous Coward · · Score: 0

    Instead of putting more strain on the average citizen to pay for another (going to fail) obama initiative the government should use some of the 40+ cents per gallon tax already imposed on everyone purchasing fuel.

  59. Misinformation by microbox · · Score: 1

    You will remember great hits like Solendra, A123, and Fisker.

    This is a perfect example of a successful political hit-job. Yes Solendra et al. was a waste of money. But have you ever heard of a venture capital operation losing money? It happens all the time. The statistic you should be interested in is how money the parent program dished out in loans, how much was paid back, and home many successful new companies we have.

    Do you know those statistics? Didn't think so. That is because they are not suitable Fox/Rush talking points.

    Political discourse is /designed/ to poison the discourse with misinformation.

    --

    Like all pain, suffering is a signal that something isn't right
  60. Nuts by microbox · · Score: 1

    So the money isn't wasted because it is used to prevent other people from selling us stuff at low prices?

    If you want the USA to be a leader on the technologies of tomorrow, then it is not a waste. If you want the USA to lose its technical advantage, then sure, it is a waste of money. Let foreign countries engage in begger-thy-neighbor economic politices.

    Your argument really is adolescent in its simplicity. There are people who actually study the economy, and know things about it. Great champions of the free market, such as Adam Smith, and Friedrich Hayek, explicitly endorsed the role of the government in the economy. It has always been this way. The great conservative experiment on market fundamentalism is anti-intellectual, and frankly dangerous.

    --

    Like all pain, suffering is a signal that something isn't right
  61. So dumb by Anonymous Coward · · Score: 0

    "lets protect future gas prices by increasing them today!" This is just a new 2 billion in new taxes for everyone who drives a car to be wasted by more "renewable" energy companies where the company goes under and everyone working there get a huge bonus before being laid off. By saying a private company will not do it, is admitting that it is a bad idea, but he will do it anyway.

  62. On fanatic fools and the uncertain wise. by microbox · · Score: 1

    As soon as someone starts harping on about Solyendra, then you know they have as little knowledge about government energy investments as they do about other thought terminating cliches, such as socialism. To the conservative mind, Solyendra is merely a thought terminating cliche. A single word that is the beginning and end of an ideological analysis.

    Sure Solyendra was a disaster, but 95% of the investments were not, the money is substantially coming back, and we have new successful companies pioneering the technologies for the economy of tomorrow. The economy that is going to deliver year-on-year growth that will keep your mortgage afloat, and you solvant.

    Bertrand Russell was spot on about fools and the wise. Please go learn something about the governments investments in clean energy.

    --

    Like all pain, suffering is a signal that something isn't right
  63. Forget clean energy by Anonymous Coward · · Score: 0

    We have clean energy. Sure we can make incremental improvements over what we have, but that's nothing.

    The real gold mine is energy storage. Find a way to store energy at utility scale. Or vastly increase the capabilities of batteries, so you get 5 or 10x the charge for the same size and weight. I hate the President's use of the term "game changer", he overuses it all the time and typically when something is not a game changer. But this would actually qualify as a game changer in the energy world.

  64. Re:Obama in other times would be Reagan by jbengt · · Score: 1

    And which party would that be?

  65. better than letting it go to the general coffer by Anonymous Coward · · Score: 0

    If you don't agree with this, you are part of the problem, unless like some of the other posters you want him to do more punitive actions. It's only common sense.

  66. Better get to funding missle defence. by Anonymous Coward · · Score: 0

    I expect 5 - 50 trillion worth.

  67. Paid or not... by Anonymous Coward · · Score: 0

    My question to you:

    People are very well paid to pretend to be commenters, etc and leave anti-green messages, or messages promoting use of oil in various ways.

    So I am curious, do you do this for free, while others are paid? If so, what does that say about your judgement and your commitment to free enterprise?

  68. http://www.louisvuittonoutletiserve.info/ by dgysatyds · · Score: 1
  69. People in power require it stay that way by Anonymous Coward · · Score: 0

    It seems entirely political how people feel about anything that funds alternative energy sources, rather than any actual concern over control by other countries who hold energy reserves and production, environmental concerns over evolved greenhouse gasses, or any other fundamental touch-point issue for either side. It is obvious the arguments relate to the control over the status quo, with heavy money being spent to ensure that emerging alternatives do not take money away from those making money under the system already in place, with the opposing side being those that want to make money in place of those existing companies/countries/etc who are making money now. During OPEC issues in the 1970's, alternative energy came to the fore because we could not produce enough domestic energy/fuel to meet demand and so an outside group could impact our way of life. As alternatives became more worthy of investment, fuel prices were dropped until alternatives were no longer worth exploring - flash forwards to the early 2000's and the same pattern repeats - when gasoline passed $4USD/gal, people started looking for alternatives. When enough support started turning towards them, oil prices dropped until it was no longer worth exploring the cost of development. This is entirely an issue of "who gets paid" and not one related to the world, its ecosystem, pollution or anything else. Anytime an alternative looks promising, it is assaulted by paid hecklers and spurious claims abut the ills relating to the new system, and anytime someone mentions the subsidies given to existing resources like gasoline, an equally loud volume of people will lay long speeches about how things would collapse without supporting the traditional money makers so that they can make more money. Any arguments relating to what /should/ or /could/ be done are nonexistent in the face of making sure that the people making money continue to make as much money as possible.

  70. Re:Obama in other times would be Reagan by Rakarra · · Score: 1

    How about the one that hasn't put a woman up on a presidential ticket? (VP or Pres)...?

    Tisk, the Democratic Party had the Mondale-Ferraro ticket in '84.

  71. And the government has a working surplus? by Meski · · Score: 1

    Obama said the private sector couldn't afford such research, which puts the onus on government to keep it going.

    The government cannot afford it even more than the private sector. Obama's teasing you with the notion that it will be funded from oil and gas funds, but I can see it going on the nation's 'credit card'

  72. Two Words: by randyleepublic · · Score: 1

    Breeder Reactors!

    --
    Social Credit would solve everything...
  73. Re:Obama in other times would be Reagan by Byrel · · Score: 1

    By the sounds of things, idea generation.

    This was after being a joke, as the OP was claiming BO was using Republican ideas...

    In reality, they're there to help the rich get richer. Their appeal to "different cultures" is just a matter of exploiting anyone whose knees they can make jerk, so that they'll vote against their own best interests.

    Nonsense. A good many Republican economic policies can also be found in the works of eminent economists like Milton Freedman and von Mises, as being the best choices for helping the lower classes. You may disagree with those economists; there are experts in the field who do. But when a good chunk of the experts in ecominics actually recommend limited regulation and low government intervention as tending more to uplifting the poor, it's a bit malicious to claim advocates of those positions are in it to hurt the poor. Much more likely, they actually believe (some of) classic liberal economics, and are trying to implement its prescriptions.

    It's this sort of ridiculous emotional dismissal which makes public discourse on politics so divisive in the US. 90% of Republicans aren't rich and likely will never be. They obviously support the party for some reason. I think the reasons of 90% of the members for the party's existence trump the other 10%!

    It's almost universally better to assume your opponent is arguing in good faith. He may be (very) wrong, but just assume he really means what he says. It's both more likely to be true, and permits a more persuasive argument from you. Even if he isn't, your argument will be heard by others who may be persuaded.