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The EPA Carbon Plan: Coal Loses, But Who Wins?

Lasrick writes: Mark Cooper with one of the best explanations of some of the most pressing details on the new EPA rule change: 'The claims and counterclaims about EPA's proposed carbon pollution standards have filled the air: It will boost nuclear. It will expand renewables. It promotes energy efficiency. It will kill coal. It changes everything. It accomplishes almost nothing.' Cooper notes that although it's clear that coal is the big loser in the rule change, the rule itself doesn't really pick winners in terms of offering sweet deals for any particular technology; however, it seems that nuclear is also a loser in this formulation, because 'Assuming that states generally adhere to the prime directive of public utility resource acquisition—choosing the lowest-cost approach—the proposed rule will not alter the dismal prospects of nuclear power...' Nuclear power does seem to be struggling with economic burdens and a reluctance from taxpayers to pay continuing subsides in areas such as storage and cleanup. It seems that nuclear is another loser in the new EPA rule change.

268 comments

  1. No winners economically by Langalf · · Score: 5, Insightful

    I think you can be sure no matter how this plays out, power is going to be more expensive. In addition, if the coal-fired plants are removed from the equation before replacement sources of power are in place, there will be power shortages.

    1. Re:No winners economically by Ichijo · · Score: 2, Informative

      I think you can be sure no matter how this plays out, power is going to be more expensive

      If you ignore external costs, yes.

      In addition, if the coal-fired plants are removed from the equation before replacement sources of power are in place, there will be power shortages.

      If electricity will be priced below market equilibrium, yes.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    2. Re:No winners economically by Samantha+Wright · · Score: 1

      Well... there's the beachfront property market.

      --
      Bio questions? Ask me to start a Q&A journal. Computer analogies available for most topics!
    3. Re:No winners economically by TWX · · Score: 4, Interesting

      Why is the government supposed to pick winners?

      I was under the impression that public health was a principal concern, not determining which industry gets to make windfall profits for the luck few that manage to hold stock.

      What I think needs to happen is for power-generating companies to not also own the power grid. That's one of the problems right now with trying to get residential solar adoption going- the power companies want to throw up roadblocks to anyone else putting solar on and tying to to the grid. The "buy" excess power at the lowest possible price (ie, about what someone would pay for power if they have a time-of-use plan, if they were using their power in the middle of the night when demand is bottomed out) and they want to charge solar-producing customers extra fees to even be connected to the grid.

      Power companies at least need their power generation units and power distribution units to be separate items on the customer's bill. That should hold true for all customers, even those that don't produce power themselves. Everyone should be charged the same grid connection price (relative to the kind of connection they have, a residential or light commercial 240V single phase center-tap-neutral should cost less than a 460V three phase industrial or commercial connection) and then their power's metered cost should be line-itemized separately. If a customer produces more power than they use, that should reduce the price they pay for their grid connection, and if they produce above and beyond that then they should receive payment, instead of a bill.

      I am fairly heavily convinced that regulation like this would do wonders for residential solar adoption, which then do wonders for reducing fossil-fuel generation, at least in Southern states where peak demand is during daylight hours.

      --
      Do not look into laser with remaining eye.
    4. Re:No winners economically by rmdingler · · Score: 2

      Right. You'll just need to accurately predict the new shoreline, and you, too, can sell overpriced lots in hurricane alley.

      --
      Happiness in intelligent people is the rarest thing I know.

      Ernest Hemingway

    5. Re:No winners economically by Anonymous Coward · · Score: 0

      It does not help that nuclear activists are marxist...

    6. Re:No winners economically by Hussman32 · · Score: 1

      The grid is a conduit from the generating station to the customer, and is effectively a capital expense that is most likely paid for already. The grid operating costs are very small compared to the generation costs, and there wouldn't be a revenue source for a grid company if they were forced to separate (if there were it would be artificial and in unregulated markets they would eventually zero this value out). Note that because storage isn't really practical yet, any time there is a change in electricity demand, the generating station needs to follow the load by increasing/decreasing the fuel that is consumed and reducing the generator load. This would have to happen regardless of who ran the grid, and the same operating challenges would be present, it wouldn't help solar adoption. The best way for solar to be adopted more readily is to make the solar panels cheaper.

      --
      "Who are you?" "No one of consequence." "I must know." "Get used to disappointment."
    7. Re:No winners economically by TapeCutter · · Score: 3

      Why is the government supposed to pick winners?

      The government is damned if it does pick winners (Solindra), and damned if they don't. These new rules target emissions without prescribing the solution, It has "free market" solution written all over it.

      My own government (Australia) is disappointingly doing everything they can to avoid even talking about climate change, however they are taking a proposal to the G20 to eliminate the $500M or so of FF subsidies the G20 nations are currently providing to the industry. They are doing so on economic grounds since Australian coal would be more competitive against other nations without the subsidies. They are however ideologically opposed to mitigating climate change. For example, they are currently battling the senate to dismantle the clean energy fund. The fund doesn't provide grants, it provides loans to commercial clean energy projects at reserve bank interest rates and makes a modest profit for the taxpayer. There's no economically rational reason to dismantle a profitable scheme that performs a social good other than to protect their coal mining mates.

      --
      And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
    8. Re:No winners economically by Jane+Q.+Public · · Score: 3, Insightful

      If you ignore external costs, yes.

      Those "external costs" are unproven and in fact highly questionable. You don't get to just assume they are there, any more than others may assume they're not. Prove the case if you want us to take you seriously.

      Many economists have said that even if those external costs are all true, that's still not the real question here. The real question is: how much will mitigation cost in proportion to how much good it does, and versus how much harm it causes. Because make no mistake: there will be harm.

      If electricity will be priced below market equilibrium, yes.

      "Market"??? Either you're a fool or you think we are. This isn't "market". This is government fiat. It would remove any remaining pretense of free market.

    9. Re:No winners economically by Anonymous Coward · · Score: 0

      'I think you can be sure no matter how this plays out, power is going to be more expensive.'

      No, we can't be sure of this at all. Already in Germany they are beginning to experience days where so much renewable power is being generated that German industry is paying close to zero for it. As time marches on, more of the days will be like this until the point is reached where power becomes close to free. The US is falling behind with it's stubborn resistance to change and it will end up paying for that stubbornness as her remaining industry flees to the green pastures of cheap energy.

    10. Re:No winners economically by Anonymous Coward · · Score: 0

      Please. Do you have some reason to believe that anything happening in Australia could possibly have any affect on global anything? I submit that all the good citizens of the land down under could commit suicide tomorrow and the affect on global weather, temperature, sea level, or any fucking things else would be ZERO. If you think different, please educate us with a few calculations on heat, energy use, CO2 output and just how the fuck that compares to the global numbers. Yes, sorry Australia, you are insignificant to global weather or warming, so quit wasting your fucking money. That ain't "social good".

    11. Re:No winners economically by ShanghaiBill · · Score: 1

      Note that because storage isn't really practical yet, any time there is a change in electricity demand, the generating station needs to follow the load by increasing/decreasing the fuel that is consumed and reducing the generator load.

      Not necessarily. An alternative is to keep the power constant, but change the spot price. If the price spikes, marginal users (aluminum smelters, bitcoin miners, electric car chargers, etc.) would temporarily drop off, freeing up power for others.

    12. Re:No winners economically by Nimey · · Score: 1

      That's extremely short-sighted. Eventually the economy wins because we have less of the pollution and other environmental damage from coal.

      --
      Hail Eris, full of mischief...

      E pluribus sanguinem
    13. Re:No winners economically by ShanghaiBill · · Score: 2, Insightful

      Do you have some reason to believe that anything happening in Australia could possibly have any affect on global anything?

      Yes. The countries that actually matter (China and India) use the inaction of rich countries as an excuse for their own inaction. So Australia needs to set an example, along with the rest of the rich world. Also, solutions developed by scientists in rich countries can be applied in poor countries too. Nothing has done more to reduce CO2 emissions than the American development of hydraulic fracturing and horizontal drilling, which is now being applied around the world to replace coal with gas.

    14. Re:No winners economically by dbIII · · Score: 1

      Why is the government supposed to pick winners?

      Because banks and private enterprise don't care enough to put up their own money.

    15. Re:No winners economically by Immerman · · Score: 1

      No, I'd have to say the best way for solar (and other renewables) to be adopted more readily is to make *batteries* cheaper. The panels will already often pay for themselves in a few years, but they can't handle the ever-changing power loads without batteries - and the batteries for an off-grid house can easily match or surpass the cost of panels. The system will still pay for itself, but it takes a lot longer.

      Which raises a point - there are definite advantages to grid-scale battery banks over having all storage at the edges, and that means grid build-out and the necessity to charge for battery usage to fund ongoing maintenance. It won't be cheap, but it could help kickstart the grid as a stand-alone utility. Consider - the connection expenses are already mostly paid, and there is plenty of room to profit from the convenience of not needing batteries for your home solar. Or heck - charge power users 10-20% more than you pay suppliers and you'll have a nice fat revenue stream. And if you change your purchase price in line with demand-based billing you can even encourage edge nodes to invest in storage facilities - buy power during peak sun and sell it back in the evening during peak demand - you make a few cents per kWh for your investment, and the grid takes a 20% cut.

      Perhaps it would be worth it to make the distribution grid a public utility - as you say it's already paid off, often with the aid of large government subsidies. If the power companies wont play fair with independent power generation and storage entrepreneurs then perhaps it's time to cut them out of the equation. Inform them the cables have been claimed via eminent domain and will be paid for at an amount of (materials - subsidies) amortized over the next N years. They still control the bulk of power generation, at least at first, and get paid the same rates as everyone else. It would probably raise energy prices at first, but I don't see any way to get off fossils that doesn't, and it would facilitate a much faster and market-driven adaptation period.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    16. Re:No winners economically by Ichijo · · Score: 0, Flamebait

      Those "external costs" are unproven and in fact highly questionable.

      The cost of air pollution is up to $1,600 per person annually according to Cal State Fullerton.

      This isn't "market". This is government fiat. It would remove any remaining pretense of free market.

      That's the same thing monopolies claim when they are broken up.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    17. Re:No winners economically by riverat1 · · Score: 2

      Aluminum smelters can't afford to have the power cut off for any length of time. Once the aluminum hardens in the furnaces it's a long costly process to clean them out so they can be used again.

      As far as load following, all of the natural gas turbine generators that have been built lately can be spun up in a matter of minutes.

    18. Re:No winners economically by Anonymous Coward · · Score: 0

      Australia exports hundreds upon hundreds of tonnes of Coal to China and other countries.

      If our coal disappeared they would buy other coal; but it would cost more (less supply) and cause other technologies to become more competitive.

      That is not to take away from the argument that our government doesn't want to make our coal more competitive; despite us selling so much they want to sell more.

    19. Re:No winners economically by TubeSteak · · Score: 4, Interesting

      In addition, if the coal-fired plants are removed from the equation before replacement sources of power are in place, there will be power shortages.

      When the Clean Air Act was amended in the 70s, coal plant emissions were grandfathered in.
      The assumption was that, over time, the plants would either be retired or brought into compliance as major upgrades were made.

      Except there was a loophole of sorts... plants did not have to comply with the new emissions rules if their upgrades were less than XY% of the plant's value. The result was that plant operators never ever made any major upgrades. Instead, they used incremental upgrades in order to stay under the legal requirements for coming into compliance.

      The end result is that most coal plants in America date back to the 1970s, specifically because of this regulatory loophole.
      I have little sympathy for an industry that could have spent the last 40 years reducing their emissions.

      --
      [Fuck Beta]
      o0t!
    20. Re:No winners economically by Anonymous Coward · · Score: 0

      Who cares about a few dollar when faced with FUCKING EXTINCTION.
      Also, once again, you, Jane Q, prove you know nothing about government, fiat, or the market.
      Yet you just keep posting stupid crap.

    21. Re:No winners economically by riverat1 · · Score: 1

      Every little increment no matter where it comes from makes a difference and a ShanghaiBill points out leading by example takes the moral pressure off you and puts it on others.

    22. Re:No winners economically by Anonymous Coward · · Score: 0

      You mean like "government fiat" removed slavery from the free market?

    23. Re:No winners economically by khallow · · Score: 2, Insightful

      The countries that actually matter (China and India) use the inaction of rich countries as an excuse for their own inaction.

      Unless, of course, they'll use the "action" of rich countries to take advantage of and ruthlessly surpass them. I think "setting an example" here is economic suicide for whoever does it. Anthropogenic global warming simply has not been shown to be urgent or dire enough to where this sort of demonstration is necessary.

      And in the absence of that urgency, China and India have no reason to go along with the game aside from getting economic opponents to commit to crippling positions.

    24. Re:No winners economically by Anonymous Coward · · Score: 2, Insightful

      Your source for an economic study is CSU Fullerton? You do understand that each state has a governmental electricity commission that authorizes prices. Call it what you want but it's already government Fiat and with half the country forced to shutdown their primary source of electricity you can imagine how this will punish everyone, especially the poor, as I've mentored previously.

    25. Re:No winners economically by sumdumass · · Score: 1

      Who is facing extinction?

    26. Re:No winners economically by niftymitch · · Score: 1, Insightful

      Winner..... China

      The actions of the EPA are unilateral and do not address the
      global issue set. Worse they make it harder for US companies to
      react even at the glacial slow rated that global climate change
      implies. Because they are regulatory and not legislative the entire
      foundation of the EPA must be demolished, both good and bad, to
      address problems. The EPA has no constituency to be accountable
      to. The EPA could well be infiltrated by foreign agents.... we
      are learning abut the subtle NSA plans that corrupted some of
      the encryption standards... foreign agents which include corporate
      agents cannot be dismissed out of hand.

      The corporate agents like some international terrorist organizations
      are dispersed, work against a global plan and have no national
      allegiance. Some are concerned about the reach of Chinese companies
      into Africa and to many it appears that the wealth of African resources
      is highly coveted by many. The agents from China seem to be much
      better organized toward the economic goals of China than the Peace Core
      and 100 other US funded plans.

      Perhaps this is a good thing.... especially in the light of Walmart's reach.
      So who is watching Walmart....?

      --
      Truth is stranger than fiction, but it is because Fiction is obliged to stick to possibilities; Truth isn't. Mark Twain.
    27. Re:No winners economically by rubycodez · · Score: 2, Informative

      wrong, you are the one short sighted. the truth is use of fossil fuel has increased human lifespan, health, and driven civilization forward, far outweighing the downsides. Now we have alternatives but they are not yet developed enough to be viable replacement globally

    28. Re:No winners economically by drinkypoo · · Score: 0

      The government is damned if it does pick winners (Solindra), and damned if they don't.

      Uh no. Solyndra was never going to pan out, and any asshole with even the least familiarity could see that. It was a handout. Meanwhile, they actually did pick a couple of actual winners at the same time, nobody is upset about that.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    29. Re:No winners economically by drinkypoo · · Score: 1

      Now we have alternatives but they are not yet developed enough to be viable replacement globally

      [citation needed]

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    30. Re:No winners economically by Bing+Tsher+E · · Score: 1

      The electric car drivers just stop driving for a few days/hours? Is that in the sales brochure? On what page?

    31. Re:No winners economically by rubycodez · · Score: 1

      any history book covering dawn of industrial age to present, coupled with life expectancy tables will do. wikipedia has some nice ones

    32. Re:No winners economically by Bing+Tsher+E · · Score: 1

      And you think government 'cares?'

      Heh. Did you really believe all those film strips and motion pictures they showed us in Junior High School?

    33. Re:No winners economically by Bing+Tsher+E · · Score: 2

      The burden of proof falls on those proposing sweeping changes.

      Deal with it.

    34. Re:No winners economically by drinkypoo · · Score: 0

      The burden of proof falls on those proposing sweeping changes.

      HAHAHAHAno.

      The burden of proof falls on those making the statement. And let's not get into the old argument of defining consensus, because you'll just look even more foolish and I won't waste my time, I have more intelligent people to make look foolish.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    35. Re:No winners economically by sgtsquid · · Score: 5, Informative

      As a CSU alum, I wouldn't put much faith in anything coming out of there. Most of the admins have Ernie Guevara posters in their offices and a lot of the "research" coming out of there is just laughable. I mean that literally, I have had some good laughs from what passes as research there. When I did my work there I had to pay for it out of my own pocket since I'm not the right race and my work had nothing to do with "social justice". It's been taken over by Mexican nationalists and turned into a 3rd world school.

    36. Re: No winners economically by Anonymous Coward · · Score: 0

      Equates slavery to the epa. Cheap tactic to insinuate those disagreeing with you are racist.

      "Shut up, " they explained... it just doesn't work any longer.

    37. Re:No winners economically by drfred79 · · Score: 3, Interesting

      Perhaps it would be worth it to make the distribution grid a public utility - as you say it's already paid off, often with the aid of large government subsidies. If the power companies wont play fair with independent power generation and storage entrepreneurs then perhaps it's time to cut them out of the equation. Inform them the cables have been claimed via eminent domain and will be paid for at an amount of (materials - subsidies) amortized over the next N years. They still control the bulk of power generation, at least at first, and get paid the same rates as everyone else. It would probably raise energy prices at first, but I don't see any way to get off fossils that doesn't, and it would facilitate a much faster and market-driven adaptation period.

      You're forgetting the huge legacy maintenance costs. PG&E is scared shitless because the price they've been charging customers has been below the cost necessary to maintain leaky natural gas pipes. PG&E had to raise rates and is now undertaking a massive generational renovation process. The grid takes a constant life cycle maintenance plan. The fixed cost of installation is minuscule and already the risk had been borne by the installer. That's like the government saying "this Gmail experiment worked; Google thanks for the memories, eminent domain bitch."

      First of all, I don't think you know what the word subsidies means. Credits and subsidies are two different devils. I honestly think someone smart explains this for each overreaching governmental naysayer. Subsidies is what solar panel producers, like Solyndra, receive. They are cash money and they are given to companies to distort the energy market. Credits are money you have earned that you don't have to pay to the government. You are paying the government less money you have earned. Its an offset to tax. Tesla makes a larger proportion of its revenue from subsidies and credits. If we were to equally apply your winners and losers strategy to all companies, lets start with companies that receive more of their revenue from the government than they do from actual sales. That's fair right? Nationalize a company that makes over 51% of its revenue from profiteering off the government?

      But let's be honest with ourselves. You're not looking for equality in the name of the law. You support crony capitalism "for the right reasons." Playing fair has a lot of meanings. One definition of playing fair is not hiring lobbyists when you can't compete in a fair capitalist market. Another one that is much more subversive is a fair price. That's the fair you mean. When the government has already picked its winners and losers the producer who charges the lowest energy cost to the poor is not always the winner. You're interested in factoring in government kickbacks.

      Let's do a Reductio ad absurdum. The producers aren't playing fair. They are charging the price of their costs plus profit plus government interference. Well since you plan on setting prices for the cost of energy all businesses are going to go out of business unless the government forces the cost of the inputs, oil, natural gas, silicon, et al. You can't just set the price of the end result. So let's go farther, to retrieve these natural resources takes capital and labor. Guess which one will be less costly to cut over the long run? I can make an automated natural gas miner a lot more economically efficient than I can cut the wages of employees.

      Suddenly we not only have a cut in the labor force but we've subjected the poor to higher energy costs. Is that the end game? Because at this point I kinda feel that we're intentionally keeping the poor poorer with this false effort to man-make the temperature the same. Oh wait? Even if we enact these changes we don't expect to change the direction of the climate's increase (which hasn't increased for 20 years)? Wow than go ahead and explain sustaining the proletariat to me. Because you are better at it with government fiat than any capitalist selling $2 cream cheese at Walmat ever could be.

    38. Re: No winners economically by Anonymous Coward · · Score: 0

      Personally, it was all about paying off political debts after the election - with taxpayer money. If I'm wrong, please point out the tech developed with all those green energy subsidies that will replace coal next yesr. Or decade.

    39. Re: No winners economically by Anonymous Coward · · Score: 0

      The number one source of climate change is a great big fusion reactor in the sky called the sun.

      Not sure how damaging the economy even more by putting energy costs thru the roof is going to influence the sun...

    40. Re:No winners economically by TWX · · Score: 2

      Moral pressure is irrelevant when those that rule have no concern for being driven from power. That greatly affects China, though for a long, long time India was ruled by the same families. This is the first time that someone related to Ghandi isn't in a high position in India since he took over during the revolution.

      --
      Do not look into laser with remaining eye.
    41. Re: No winners economically by Anonymous Coward · · Score: 0

      In a few years we will invent technology that will make away with the hundreds of miles long power cables required for long trips with electric cars.

    42. Re:No winners economically by dbIII · · Score: 0

      I do not know because I went to a high school in a different country to you where we read textbooks instead of watching movies, so you'll have to explain the point you are attempting to make in some way that I can understand.

    43. Re:No winners economically by Mashiki · · Score: 1

      I dunno, I was thinking the Hamptons. After all lots of rich environmentalists buying in there.

      --
      Om, nomnomnom...
    44. Re:No winners economically by Mashiki · · Score: 1

      That's extremely short-sighted. Eventually the economy wins because we have less of the pollution and other environmental damage from coal.

      HAIL! And good greetings from the province of Ontairo! The land where we just finished taking our coal power plants offline, blew $1B not to build new gas plants because NIMBY's threw a fit. And pay anywhere between 40c/KwH to 83c/KwH to "green energy producers" to not produce electricity! This has driven up the cost of energy here by quite a bit, going by the latest projections we'll be paying upwards of 16c/KwH in the next few years. Enjoy those dreams of cheap electricity, because the businesses are fuckin' fleeing from here and the economy is dying.

      --
      Om, nomnomnom...
    45. Re:No winners economically by Anonymous Coward · · Score: 0

      Wasn't Solindra just a shell game to funnel money to the Democratic Party? Maybe that was just urban legend.

    46. Re:No winners economically by Anonymous Coward · · Score: 0

      Most countries are going to get their energy need the cheapest way possible.

    47. Re:No winners economically by tragedy · · Score: 1

      Australia exports hundreds upon hundreds of tonnes of Coal to China and other countries.

      So... a few tens of thousands of dollars worth? Hardly seems worth worrying about one way or another if that's actually the case. :)

    48. Re:No winners economically by Anonymous Coward · · Score: 0

      While fossil fuels were important for building up an industrial society, we should be working a lot harder at weaning ourselves off of them. The right way to do that is to tax their use heavily, giving economic incentives to make other forms of energy viable, combined with a negative income tax paid for by that tax so the increased cost of energy is less painful to the poor/middle class. The market works to produce innovation, but only if given proper incentives; as long as fossil fuels are artificially cheap, the market has no strong incentive to look for alternatives.

    49. Re:No winners economically by AmiMoJo · · Score: 3, Interesting

      China is investing far more in renewable and clean energy than most western countries. Only Germany can really hold a candle to them. They have vast amounts of wind, solar PV, solar heating and, if you count it as clean, nuclear already in place or being built.

      China has a long way to go, sure, but they are doing it. Part of the reason is to shake off their bad image, part of it is to look after the people (despite the propaganda they do try to make things better for citizens) and part of it is because the EU demands they clean up if they want to sell us stuff.

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    50. Re:No winners economically by AmiMoJo · · Score: 3, Insightful

      the truth is use of fossil fuel has increased human lifespan, health, and driven civilization forward, far outweighing the downsides.

      False dichotomy. Had we fully understood the consequences of so much fossil fuel use from the start we could have developed cleaner alternatives early on, and still had all of the benefits.

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    51. Re:No winners economically by DarkOx · · Score: 0

      See based on what you just wrote I have total sympathy for the industry. Government stepped in an regulated without considering the law of unintended consequences, and now is going to try and fix the glitch with still more regulation.

      The EPA needs to be stripped of its power to regulate carbon.

      --
      Repeal the 17th Amendment TODAY! Also Please Read http://www.gnu.org/philosophy/right-to-read.html
    52. Re:No winners economically by Anonymous Coward · · Score: 0

      And, of course, banks only care about internal benefits (profits), not external ones. Governments will (well, ought to) care about the effect on public health, individual welfare (which depends on the environment, health, etc.), political/military strategy (importing oil, food, etc from dodgy places) and the profits of others.

    53. Re:No winners economically by ultranova · · Score: 2

      Why is the government supposed to pick winners?

      Because we're talking about vital infrastructure. It needs to be planned based on what maximizes benefits for the society, not someone's bonuses.

      Play monopoly with organic snake oil sales or something, not the electric grid.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    54. Re:No winners economically by Anonymous Coward · · Score: 0

      In many locations, the power production and power transmission are separate companies (New Jersey and New York for example). The low price provider wins the power bid.

      Transmission and distribution companies sometimes resist residential solar and other distributed generation because it is difficult for them to manage. The grid was designed for power to flow from central generating stations to users. When the power is generated at distributed locations, the power flows need to be accounted for to ensure grid stability. (This is what "Smart Grid" is really needed for).

      My power bill has been itemized for a long time. There is a price for the power, and a price for transmission and distribution.

    55. Re: No winners economically by sycodon · · Score: 1

      "External Costs"

      Bullshit taxes and other charges designed to line the govenment's pockets.

      --
      When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
    56. Re:No winners economically by Blaskowicz · · Score: 1

      With residential solar owners receiving a payment, they're essentially getting a free lunch and dump the cost of the burden they put on the grid onto others. The more irregular and unpredictable power production is, the more external costs in form of maintenance of grids and power plants, power plants that run at reduced efficiency because of running at a lower regime and ramping up/down.
      Lower income people living in flats and inner city buildings, with likely no legal means to climb on the building's roof get shafted as their bills increases.

    57. Re:No winners economically by khallow · · Score: 2

      But they do care enough to put up Other Peoples' Money. That's the fundamental problem with public funding. It gets used on projects and purposes that nobody would touch. if they could only fund it themselves.

    58. Re:No winners economically by Rayonic · · Score: 1

      I have little sympathy for an industry that could have spent the last 40 years reducing their emissions.

      Paying for extra emission reduction would put you at a competitive disadvantage against power plants who just did the bare minimum. Or, in a highly regulated environment, it might run you afoul of price controls.

    59. Re:No winners economically by khallow · · Score: 1

      China is investing far more in renewable and clean energy than most western countries.

      Because a) it makes a lot of money for them, b) employs people, and c) is a great sink for rare earths which they're withholding from the market.

      and part of it is because the EU demands they clean up if they want to sell us stuff.

      Another way to put that is that Chinese businesses have figured out how to beat the ISO 14001 protectionist scheme.

    60. Re:No winners economically by rubycodez · · Score: 1

      oh, you want list of all the alternative technologies that can power areas like most of northern america? there aren't any or they would exist. Nuclear and fossil are the only viable options, no citation needed because reality shows it so.

      Or maybe the USA should be like Germany, driving big business out with their ludicrously expensive "green" electricity?

      you non-engineering types that hang out on tech forums are so funny, not a clue how your world works

    61. Re: No winners economically by Anonymous Coward · · Score: 0

      +1

    62. Re: No winners economically by Anonymous Coward · · Score: 0

      Actually, government did concern itself, based on industry lobbying and then the industry took advantage of their own loophole.

      So maybe the problem was the government being accommodating.

    63. Re:No winners economically by Anonymous Coward · · Score: 0

      really ? Extended lifespan & health ?

      wanna let us know that one ?

    64. Re:No winners economically by Jane+Q.+Public · · Score: 1

      Who is facing extinction?

      You can believe you are if you like, but the science tells me otherwise.

      I don't intend to get into an argument about it here though.

    65. Re:No winners economically by Trepidity · · Score: 1

      You don't think that it's been proven that coal power plants emit significant levels of pollution?

    66. Re:No winners economically by dywolf · · Score: 1

      Government is us.
      So yes it cares.
      I dont know what civics lessons they taught you, but they were obviously lacking on content.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    67. Re:No winners economically by dywolf · · Score: 1

      Actually solyndra looked solid to both public and private investors. What nailed them and Abound Solar (think that was the other one) was the price dropping out hte bottom on solar panels because of China. The level of subsidy they poured in to their panel maker was rather unexpected by the global market being seen as an extremely remote possibility.

      As for the conspiracy theories: no. Wasn't a handout. Wasn't a payoff. Those are long debunked myths.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    68. Re:No winners economically by lucien86 · · Score: 1

      There's a WHO estimate that pollution from coal has killed roughly 100 million people globally in the last 100 years.. In America coal kills more than handguns and roughly as many as cars or smoking. And that's not even mentioning the long term effects of climate change.

      --
      Below the speed of light Special Relativity is one of the most accurate theories in physics - above the speed of light..
    69. Re:No winners economically by lucien86 · · Score: 1

      The Chinese are doing it for one overwhelming reason, many of their biggest cities are suffocating in thick smog. Not just (poorly regulated) coal but vast numbers of poorly regulated cars and bikes and diesel vehicles, plus big old fashioned polluting factories. China is like it was here in the UK or the US or Australia a few decades ago, people regularly dying from smog directly...

      BTW Germanys 'green' policies actually mean a big shift away from nuclear and back to coal. The old fashioned view of Germans as efficient or engineering technocrats is way out of date, todays average German is a silly balloon headed hippy with less common sense than a drunken monkey.

      The real irony with nuclear is that it is statistically over 1000 times safer than coal but is about 100 times more regulated. Rebuild a new scientifically designed regulations system for nuclear and we can cut maybe a third off the cost of new plants and about a third off the time it takes to build them.
      An even bigger irony is that by promoting coal the anti nuclear movement has effectively killed somewhere between 5 and 10 million people since the mid 1970's.
      What the world needs is a big new pro-nuclear movement to stem the seas of lies spilled by the anti-nuclear protest groups..

      --
      Below the speed of light Special Relativity is one of the most accurate theories in physics - above the speed of light..
    70. Re:No winners economically by Anonymous Coward · · Score: 0

      Those "external costs" are unproven and in fact highly questionable.

      Are you arguing with a straight face that mining, transporting, and burning coal presents no costs to anybody other than coal producers, who pass those costs on to consumers? Really?

    71. Re:No winners economically by Anonymous Coward · · Score: 0

      Anthropogenic global warming simply has not been shown to be urgent or dire enough to where this sort of demonstration is necessary.

      What evidence would convince you that it is urgent or dire?

    72. Re:No winners economically by khallow · · Score: 1

      What evidence would convince you that it is urgent or dire?

      Substantial warming, for example, over a few decades. Huge methane releases. Greenland's ice sheet sliding into the ocean.

    73. Re:No winners economically by khallow · · Score: 1

      Actually solyndra looked solid to both public and private investors.

      We can actually look at the evidence.

      From that story are a number of cited warning signs: mediocre bond ratings, higher manufacturing costs than its competitors, bad reports from their auditor (who cited problems going back well before the Solyndra loan was finalized), and canceling their IPO.

      As for the conspiracy theories: no. Wasn't a handout. Wasn't a payoff. Those are long debunked myths.

      It was just awfully convenient funding for all the parties involved - except the public. Coincidences happen all the time.

    74. Re:No winners economically by khallow · · Score: 1

      As time marches on, more of the days will be like this until the point is reached where power becomes close to free. The US is falling behind with it's stubborn resistance to change and it will end up paying for that stubbornness as her remaining industry flees to the green pastures of cheap energy.

      Funny how expensive US power is half the price of "free" German power. I bet that as time marches on and fossil fuels get obsoleted in the US, US power will remain cheaper than German power.

  2. What kind of burdens? by jamesl · · Score: 1

    Nuclear power does seem to be struggling with economic burdens and a reluctance from taxpayers to pay continuing subsides in areas such as storage and cleanup. It seems that nuclear is another loser in the new EPA rule change.

    Make those Regulatory burdens.

    1. Re:What kind of burdens? by riverat1 · · Score: 2

      Are you suggesting we should deregulate nuclear power and just trust the industry to do the right thing? I think not, especially as long as US taxpayers are on the hook for any major failure of a nuclear power plant via the Price-Anderson Act.

    2. Re:What kind of burdens? by Hussman32 · · Score: 1

      Economic burdens too. Natural gas is much cheaper than before (about half from 2008), and as it was the most expensive fuel for the major generating stations, its cost basically controlled the minimum profit obtainable (the plants are relatively cheap to build on a per megawatt basis compared to coal, nuclear, wind).

      --
      "Who are you?" "No one of consequence." "I must know." "Get used to disappointment."
    3. Re:What kind of burdens? by Anonymous Coward · · Score: 0

      By regulatory do you mean to imply that taxpayers should be on the hook to pay for the clean up, disposal and storage of nuclear wastes?

    4. Re:What kind of burdens? by TapeCutter · · Score: 2

      You do realise that regulations are what forms an economic market, right?

      For instance, how would a stock market operate without property law? This is not to say that all regulation are good or even necessary but if your are going to bitch about them you need to be specific, precisely which regulations/policies do you see holding back the uptake of safe and clean nuclear reactors? - The one that says they are responsible for cleaning up their own mess and cannot rely on the taxpayer to do so in 40yrs time? Should we make a rule that forces insurance companies to underwrite nuclear reactors against their better judgement? Should the NIMBY's be excluded from the decision process by law?

      --
      And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
    5. Re:What kind of burdens? by dbIII · · Score: 1

      They had those burdens earlier which did not slow them down due to a nice big money supply from the taxpayer. Banks and private enterprise haven't stepped in even in places where there are little or no regulatory burdens. I suggest you consider that before suggesting that lowering safety standards is going to magically make Bill Gates or Rupert Murdoch want to build a nuclear power station.

    6. Re:What kind of burdens? by Bing+Tsher+E · · Score: 1

      Not the NIMBYs.

      Just the No Nukes Never Nohow types. They manage to shove wedges in at places that drive costs astronomically higher.

    7. Re:What kind of burdens? by khallow · · Score: 1

      I think that's a reason thing to ask of the public. Keep in mind that the public is part of the reason that the US has aging reactors subject to such fault modes, doesn't have long term storage of nuclear waste or nuclear fuel recycling, and levies ridiculous levels of liability against industry and commerce for which the Price-Anderson act is necessary protection.

    8. Re:What kind of burdens? by riverat1 · · Score: 1

      The Price-Anderson act is necessary because private insurance won't touch the needed levels of insurance for a nuclear plant. The cost of the cleanup at Fukushima is estimated to be $58 billion.

  3. Stupidity is keeping nuclear back by Anonymous Coward · · Score: 0

    Why does nuclear cost so much? Cause we're stupid, ignorant, and afraid. Nookyuler is scary black magic.
    So because our government decision are determined by a stupid electorate, something has to be done to level the playing field.

    1. Re:Stupidity is keeping nuclear back by Anonymous Coward · · Score: 0

      It is more fear than stupidity. Stupidity is trying to sell an energy source that generates waste that we have no ability to recycle or mitigate, just bury.

      I'd call that fear well-founded at the present moment.

    2. Re:Stupidity is keeping nuclear back by Anonymous Coward · · Score: 0

      Stupidity is trying to sell an energy source that generates waste that we have no ability to recycle or mitigate, just bury.

      I'd call that fear well-founded at the present moment.

      Excuse me? We do have the ability to recycle, mitigate, utilize, etc. We are not ALLOWED to, as that would create small amounts of bomb grade material, rather than large amounts of dirt bomb grade material. It would solve a lot more problems than just the waste if we were allowed to recycle it; like the medical grade isotope shortages that plague the world and make proper treatment expensive. We are long past those fearful days where nuclear material was a problem we couldn't handle.

    3. Re:Stupidity is keeping nuclear back by Anonymous Coward · · Score: 0

      Tell that to the Japanese.

    4. Re:Stupidity is keeping nuclear back by Chas · · Score: 5, Informative

      Yes. Because STORAGE was the problem at Fukushima.

      Sorry son. Shitty MANAGEMENT and lazy engineering practice, plus a metric fuckton of "Mother Nature Always Wins"

      The plant actually SURVIVED a magnitude 9.0 earthquake.
      The reason it finally overheated was because the asshats at TEPCO ignored the calls of real engineers for a MUCH higher sea wall. So the tsunami set off by the TÅhoku quake may as well have had valet parking at the reactor when it hit land.

      Right now we have the ability to build reactors that are PASSIVELY safe. It means you don't have to worry about failures in ACTIVE, mechanical cooling systems. When such a reactor is shut down, it dumps its fuel into a dump tank and the entire reactor simply cools off. No need to worry if the generators will kick in. No need to worry if the facility loses power. Natural, powered by a little thing we call GRAVITY. It's about as idiot proof as you're going to get until we figure out how to spot-reverse gravity.

      And yes, there's always going to be SOME waste.

      The stuff that they're pulling out of reactors today? Mildly radioactive. And will be for hundreds or thousands of years.

      The stuff you would pull out of a liquid fuel reactor?

      1: Medically useful.
      2: Shitty bomb-making material.
      3: Scientifically useful (and an element we actually can't get any more of).
      4: HIGHLY radioactive. But INCREDIBLY short-lived. Some of it is gone within hours of extraction. The longest lived stuff will be a few years cooking off. As opposed to MILLENNIA with current solid-fuel reactors.

      Ideal application for reactors such as these is to take them and bury them in concrete. Let them run their usable lifetime and then decommission them. Once it hits EOL, you drain the device and cap it. Then give it a decade or two to cool off (radiologically speaking).

      Maybe we CANNOT guarantee that we can build a facility that'll last thousands of years, through god-knows-what. But storage bunkers intended for product with a 10-50 year shelf-life? Pfft.

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

      Half a century (plus) and counting.

      And remember, these things can be fairly compact and relatively light (they were initially designed as a power system for a plane). These things could replace diesel generators and even small hydro installations. WORLDWIDE.

      Yes. Dropping one into the San Andreas Fault, or Yellowstone National Park, or the New Madrid Fault would probably be a FUCKING DUMB IDEA.

      So here's a smarter one. We don't DO that. We drop them in more geologically stable areas instead.

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

      --


      Chas - The one, the only.
      THANK GOD!!!
    5. Re:Stupidity is keeping nuclear back by Anonymous Coward · · Score: 0

      People are ALWAYS going to be fallible. One mistake is all it takes to have an accident like Fukushima. The fact that every design which produces any substantive amount of power will always require active cooling. Any interruption in that cooling and the reaction is completely out of control always and [practically]forever.

      Until we find some unobtainium which is impervious to the worst-case temperatures of typical fission reactors it will never be safe.

    6. Re:Stupidity is keeping nuclear back by Anonymous Coward · · Score: 0

      Actually, storage "is" a problem. There are spent fuel rod pools which are a serious issue around the plant right now. They only exist because there is no where else to put the stuff.

    7. Re:Stupidity is keeping nuclear back by Immerman · · Score: 1

      I'm sure they're quite aware of that fact, and probably rather annoyed that they had so much nuclear waste stored near the reactors instead of recycling the stuff.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    8. Re:Stupidity is keeping nuclear back by Chas · · Score: 1, Insightful

      One mistake! ONE MISTAKE! AUUUGH! ONE MISTAAAAAAAAAAAAKE!!!!!11111ELEVENTY!!!

      So you're OKAY with coal plants just chucking tons of radioactive crap into the air ON A DAILY BASIS. Stuff that's going to KEEP on being radioactive in the environment for thousands of years.

      But because there's some infinitesimally off chance that in a planet-shattering catastrophe, a little bit of material that'll decay in a few years gets into the environment that we just SHOULD NEVER?

      So, you live in a cave right? These huts and house things are just frickin' unproven technology and they'll never catch on. Right?

      And we should just revert to a hunter-gatherer society because this centralized food production thing just is SO iffy!

      And cars, planes and trains man! We need to WALK everywhere! Better exercise! We could crash in one! We could crash someplace and spill a bit of gas/oil/etc on the ground and have NO WAY to EVER clean it up!

      Sorry, but the whole "Just one mistake" crowd needs to grow the hell up and stop expecting to be coddled. The argument is a childish cop-out that forswears any and all progress in the falacious pursuit of "perfect safety". Dude, you're living on a ball of rock, water and gas with in a 10 minute travel time of a giant fusion reactor. Get your perspective here.

      And we're talking about a molten salt reactor. NOT a typical solid fuel reactor. With cooling, there IS no mistake to be made. It's a 100% PASSIVE system, The plug in the reactor melts if the system gets too hot. Gravity then takes over and dumps the molten salt into a dump tank to cool off.

      Or are you saying that gravity and precise temperature control of a plug so that it does NOT melt are suddenly going to stop being constants.

      --


      Chas - The one, the only.
      THANK GOD!!!
    9. Re:Stupidity is keeping nuclear back by Chas · · Score: 1

      Guess what? A lot of that stuff CAN be used as seed fuel for next-gen reactors. So drop it in, cook it down, and let's get rid of it!

      We wouldn't have this problem had the US government NOT played favorites and handed virtual monopolies to companies in the solid nuclear fuel arena.
      This is also why we have regulations against doing something INTELLIGENT with spent fuel (like reprocessing). Well, it's not that you CAN'T. But the regulations penalize you so badly that the cost of doing so isn't worth the returns. Not because it's technically unfeasible or even hard to do.

      This is why companies like GE don't BUILD new nuclear reactors. They just sit on top of fat, compulsory contracts with nuclear power providers to supply fuel for their reactors. And these power providers can't negotiate price. Why? Because they simply can't put another provider's fuel into their reactor. It doesn't work like that. And pretty much EVERY fuel provider locks their customers in this way.

      --


      Chas - The one, the only.
      THANK GOD!!!
    10. Re:Stupidity is keeping nuclear back by Chas · · Score: 1

      Okay I missed this bit of "Did Not Read The Fine Manual" on the first pass.

      The fact that every design which produces any substantive amount of power will always require active cooling.

      Sorry, but you're pretty much WRONG.

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

      Look at the entry "Fail Safe Core".

      The only part that needs to be "actively cooled" is the plug to the dump tank. Usually by a small fan.

      And even if that pipe to the dump tank somehow breaks, the fuel and coolant (which are in solution together), simply spills into the bottom of the reactor vessel, which has a drain that dumps into the dump tank.

      --


      Chas - The one, the only.
      THANK GOD!!!
    11. Re:Stupidity is keeping nuclear back by Anonymous Coward · · Score: 0

      ...Sorry, but the whole "Just one mistake" crowd needs to grow the hell up and stop expecting to be coddled...

      How many nuclear mistakes are acceptable?

    12. Re:Stupidity is keeping nuclear back by Chas · · Score: 1

      How much nuclear waste from coal is acceptable?

      How much environmental damage from Wind, natural gas, oil and Hydro is acceptable?

      Hmm?

      The problem all the anti-nukers have is they keep looking at nuclear power in a vacuum.

      There is NO SUCH THING as 100% safe. Not with ANY power source. And continuing to insist that one of these conform to zero tolerance and not the rest? Well, it carries the distinct effervescent scent of bovine feces.

      --


      Chas - The one, the only.
      THANK GOD!!!
    13. Re:Stupidity is keeping nuclear back by Chas · · Score: 1

      In short, you engineer it to be as safe as possible.

      And, with LFTR, that's pretty damn safe, since you don't normally have to worry about gravity reversing itself or a supercooled plug NOT eventually melting once the cooling on it shuts down.

      Also, with LFTR, you're working with NO WATER and no high pressure gasses in the containment vessel. So blowing it apart pretty much JUST CANNOT HAPPEN.

      --


      Chas - The one, the only.
      THANK GOD!!!
    14. Re:Stupidity is keeping nuclear back by Anonymous Coward · · Score: 0

      "The plant actually SURVIVED a magnitude 9.0 earthquake.
      The reason it finally overheated was because the asshats at TEPCO ignored the calls of real engineers for a MUCH higher sea wall."

      Actually, this isn't quite correct. Reactor buildings 5 and 6 were unharmed by the earthquake, but buildings 1,2 and 4 suffered severe damage from the quake and were overheating before the tsunami hit. TEPCO documented this, so there isn't any dispute about it. Reactors 5 and 6 were, as you say, on stable soil and above the sea wall, which protected it from the quake and the tsunami.

      But had the tsunami hit, 1,2 and 4 would still have required measures to save them from the failures. They might have been able to, with backup generators, but the cracks in the cooling lines were just bad design in an earthquake zone. What the water did was ruin the electrical and backups that would have mitigated some of the risk. Further, building 4 and the fuel pool were knocked off of the foundation not by the tsunami, but by the quake. The fuel pool is going to take ten years to empty due to the bent metal and crooked structure. Who knows what another quake will do.

      All I am saying is that the tsunami was not the only thing at play here, despite the common belief. I agree with you that PASSIVE cooling is the right way to go. These systems that have a big tank of water overhead that dumps for a limited period of time are ridiculous.

    15. Re:Stupidity is keeping nuclear back by AmiMoJo · · Score: 2

      The plant actually SURVIVED a magnitude 9.0 earthquake.

      No, it was damaged by the earthquake and that damage was a major contributory factor to the subsequent meltdowns. Here are two NHK documentaries about what happened. They are 45 minutes each but well worth watching if you want to know what the current understanding of the disaster is:

      http://youtu.be/vpA0TOgB9-o
      http://youtu.be/ayW4mC1o8CQ

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    16. Re:Stupidity is keeping nuclear back by Anonymous Coward · · Score: 0

      Last I checked, irrational fears are caused by stupidity. Coal power plants produce more absolute amounts of nuclear waste than nuclear power plants, it's just in less concentrated forms.

    17. Re:Stupidity is keeping nuclear back by Anonymous Coward · · Score: 0

      The fact that every design which produces any substantive amount of power will always require active cooling.

      But if that cooling fails, it self limits. The higher the temps, the less energy output. They have nuclear power plant designs that if every fail safe failed, it would still be contained and would not melt down. They work on negative feedback loops, where you need to expend energy to active keep it running. If that energy is cut off, the core can no longer function. And high temps also cause the core to keep slowing down. Before a melt down can even occur, the core goes into a nearly shut-off state.

      The only way to break these designs is physical damage. Someone attacking or a volcano come up under the power plant.

  4. There aren't supposed to be corporate winners by Overzeetop · · Score: 2

    The idea is that we reduce carbon emissions to slow the rate of the effects on climate. They're not trying to pick winners and losers; why would you try and make winners and losers out of this?

    All of the non-coal fuels each have their own challenges, and this rule doesn't alter that. It's like free market, but with the addition that the cost of altering the climate is factored into regulation because a commodity-priced market is unable to react to a result with a 100 year return period.

    You still can't find anybody willing and able to properly store spent nuclear fuel, nor someone looking to invest billions of dollars and a decade of zero income in an industry which has a low-growth potential.

    --
    Is it just my observation, or are there way too many stupid people in the world?
    1. Re:There aren't supposed to be corporate winners by Anonymous Coward · · Score: 0

      The way the EPA pitched this several week ago, it is up to the states to decide how they want to meet their goals. There is a broad range of things the states can do, so they can tailor their approach in the best manner to meet their needs. If coal is an important industry to a particular state, then they can choose from other options available to them.

      I can't say I know too many of the details, but it sounds like the commentator is picking winners and losers based upon a one-plan-fits-all approach, which is not the intent of what is being proposed.

    2. Re:There aren't supposed to be corporate winners by Anonymous Coward · · Score: 0

      You still can't find anybody willing and able to properly store spent nuclear fuel, nor someone looking to invest billions of dollars and a decade of zero income in an industry which has a low-growth potential.

      That "spent" nuclear fuel still contains >95% of its energy content--only a terminally short-sighted country would refuse it. Those who insist on disposing of an energy source capable of powering the US for centuries are fools. China would happily accept all of it, as they recognize its value. They are also setting aside thorium from rare-earth mining, while we refuse to touch the ore here.

      Nuclear has the greatest potential for growth, by far. Even with conventional reactors consuming <1% of the fuel, nuclear is still economical. Molten salt reactors are capable of conventing nearly 100% of the fuel into energy, and leaving virtually no long term waste. Unless you are blinded by ideology, you should be able to see the potential there.

  5. Missed one by roc97007 · · Score: 4, Funny

    We freeze in the dark.

    --
    Oliver's law of assumed responsibility: If you're seen fixing it, you will be blamed for breaking it.
    1. Re:Missed one by Anonymous Coward · · Score: 0

      We freeze in the dark.

      you are literate?

    2. Re:Missed one by riverat1 · · Score: 2

      Quit being an alarmist.

    3. Re:Missed one by Nimey · · Score: 1

      Despite John Ringo's alarmist fantasies, no.

      --
      Hail Eris, full of mischief...

      E pluribus sanguinem
  6. Oy You! by Anonymous Coward · · Score: 2, Insightful

    Nuclear reactors stand and fall mostly on their own, what the government does is determine if you can open one. Because of our dear presidents own stance, we will not be opening new nuclear plants until he's gone. Nuclear is the cheapest per megawatt power source we currently have. Renewable are nice, but they cannot provide base load, they take a far longer payback time period than nuclear, they continue to advance(meaning the new stuff will be out dated before it pays for itself), they are only usable in certain areas, etc. You want to tell me that the government screwing nuclear power by making reprocessing illegal is a subsidy? If they were allowed to reprocess then the amount of nuclear waste would drop dramatically, costs would drop further, we wouldn't have such a shortage of medical isotopes, etc. The problem is that nuclear power has been demonized and made to seem useless. You think that if nuclear couldn't compete it would be the heart of all of the most effective warships on the planet, the reasons it isn't used in satellites are mostly treaties and laws, the other is mass and heat dissipation from higher power plants. Hell, nuclear is the most viable option to reduce environmental impacts in a manner which preserves quality of life, requires minimal governmental interference, and does not require that researchers create regular miracles just to keep society working.

    1. Re:Oy You! by riverat1 · · Score: 5, Informative

      Because of our dear President's own stance, we will not be opening new nuclear plants until he's gone.

      Perhaps you can explain why the two new units at the Vogtle Plant in Georgia were allowed to go through then and even offered federal loan guarantees.

      (From the article): On February 16, 2010, President Obama announced $8.33 billion in federal loan guarantees toward the construction cost,

      Would Obama have done that if he was against nuclear power like you believe?

      Nuclear is the cheapest per megawatt power source we currently have.

      What have you been smoking? The main reason so few nuclear plants have been built in the US since the 1970's was that it was far more expensive than building a coal plant. Now planned coal plants have been cancelled because they weren't expected to be able to compete with solar when they were finished.

      I agree with you that we should reprocess the spent fuel rods.

    2. Re:Oy You! by Anonymous Coward · · Score: 0

      But Obama has helped quelch new coal plants in the developing world by withholding loans thru the IMF and World Bank.
      But fuck those 3rd worlders anyway, fucking climate is happening!!

    3. Re:Oy You! by Anonymous Coward · · Score: 0

      He cant, because he's full of crap.

    4. Re:Oy You! by TapeCutter · · Score: 2

      Renewable are nice, but they cannot provide base load

      I have nothing against nukes and you raise some good points. However the "base load" thing is absolute bullshit, a modern city does not have a flat demand curve, so why would you want a flat supply curve? Coal and Nuclear cannot work by providing a flat supply they must have supplemental technology to meet fluctuating demand. They must store energy (say in a hydro dam) when it's output is running above demand and it must have a bunch of gas powered generators to prevent brown-outs during the daily peaks. I don't know what the maintenance requirements are for a reactor but with coal fired "base load" you will need to build seven plants to get the advertised base load of six.

      In some specific situations solar is much better at meeting the demand curve than "base load" generation, for example air-conditioners are at peak consumption at precisely the same time as solar is at peak output. The answer is not a binary choice, it's a combination of different low/zero emissions technologies that are tailored to suit local resources and demand. It would be economically foolish for Arizona not to take advantage of it's sunshine, it would be economically foolish for Chicago not to take advantage of it's famous winds. It would be environmentally foolish to stick with coal in Wyoming. I don't know much about Wyoming but if it doesn't have a lot of sun or wind then that's where nukes may make the most economical/environmental sense under these rules. Outside of the US, nations such as Japan with a high density industrialized population and very few natural resources may have no other choice than to go nuclear.

      As for economic viability of coal over renewables, the proposed coal mines in Queensland's Galilee basin are currently uneconomical to develop. Demand for coal from China has dropped quite dramatically as they push ahead with their well funded renewables program. This hasn't stopped our far-right government from pushing ahead with dredging for the "world's biggest coal port" at Abbot point to serve said mines. However HSBC bank, the royal bank of Scotland and other large financiers of the port project have all walked away citing economic and environmental concerns as the reason.

      It really does not help the Australian economy when the PM goes around saying things like "It would be a crime to leave our coal in the ground". If the rest of the world is busy trying to make it worthless via renewables then acting like a stubborn buggy whip manufacturer will significantly harm our economy in the not too distant future.

      --
      And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
    5. Re:Oy You! by Anonymous Coward · · Score: 1

      1. It's cheapest if you don't do stupid things, like use 10% discount rate. At that rate even hydro is too expensive, but all historical examples point that such discount rate is too high. How much will $10b be worth in 100 years? That's what nuclear brings in - power plant lasting for 120 years.

      But clearly, this is not economical. Time scale too long since we need to worry about the next quarter profits and next 4 year election cycle instead. Ever wonder why AGW gets nothing but lip service?

      2. All long term power projects get federal loan guarantees. You can't issue 50 year bonds on your nuclear plant or hydro plant or even coal plant.

      As for waste management, nuclear power is the only power source that actually does that, from cradle to grave. And that the principal reason why I support nuclear power.

      Regardless what replaces them, fossil fuel really need to be replaced by something else. What is happening is the opposite - world usage of oil alone is up 50% in just the last 15 years. Coal usage more than doubled. And environmentalists spew shit how nuclear power is bad when the planet is on fire ...

    6. Re:Oy You! by khallow · · Score: 0, Flamebait

      Ever wonder why AGW gets nothing but lip service?

      Because most people (including I suspect a number of the proponents of the theory, particularly on the political side) think the threat of AGW is exaggerated.

    7. Re:Oy You! by Sarius64 · · Score: 1

      I believe most people watch the AGW crowd becoming wealthy from the inherent fraud. If AGW was an issue we'd have LFTR reactors online now. Instead we're still wondering where to bury perfectly good fuel.

    8. Re:Oy You! by dave420 · · Score: 1

      So the science isn't correct because people are profiting from it? I don't see how that makes any sense. AGW is an issue, it's just that the world of US politics has decided to ignore the science and try to undermine the volumes of research so it can keep making money for those who oppose AGW (the fossil fuel companies, which clearly make more money than any renewable energy company).

  7. only winners are by Anonymous Coward · · Score: 0

    The companies the EPA likes--which never end up working. Solyndra anyone?
    These hippies won't be satisfied until we are living in holes in the ground like hobbits.

    1. Re:only winners are by riverat1 · · Score: 5, Informative

      Solyndra was just a talking point for the Republicans to pound the President on. The program that the Solyndra loan was a part of was budgeted for a 10 or 11% loss rate and even with Solyndra it still had less than 5% losses. Solyndra lost out because of the unexpected drop in prices of solar modules from China that it couldn't compete with. It's unreasonable to expect that everything that gets tried like this will work out.

    2. Re:only winners are by Anonymous Coward · · Score: 0

      Solyndra's bankruptcy wasn't unexpected by anyone who looked over their finances. BEFORE the government guaranteed a loan. Actually the bank that did give the loan to solyndra tried to warn the government that by the business plan Solyndra had submitted they would be bankrupt within one month of their actual bankruptcy. So we can't even say Solyndra was dishonest in its loan files. But I do think they were given the loan guarantee to as a political favor. Since the investors took back their money after the loan came through and they had donated money and arrange large donations to the obama campaign.

    3. Re:only winners are by LynnwoodRooster · · Score: 1

      The fact the Government is planning to lose so much money in the first place by betting on players in the market is disturbing. Accepting it and justifying losses that weren't as big as planned as a good thing is downright insane.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    4. Re:only winners are by riverat1 · · Score: 4, Informative

      The government has been running different programs like that for a long time (more than 50 years) to help encourage new technologies to get off the ground. They always write in a 10 or 15% loss rate into them and the programs seldom reach that rate. In fact the boost to the economy for the ones that do succeed probably far outweigh any losses in the programs.

    5. Re:only winners are by dbIII · · Score: 1

      It could even be argued that the competition in China is entirely due to years of political pressure in the USA to not develop the results of US research and have a viable US photovoltaic industry based in Texas or Silicon Valley where items were developed almost to the point of the current Chinese products. By actively opposing a domestic solar industry that left the Chinese plenty of room to take over the market.

    6. Re:only winners are by dywolf · · Score: 1

      The government didnt plan to lose money.
      In fact, the government didlost lose money at all.
      The energy program that the Solyndra loans were a part of has not only NOT lost money, it's turned a profit with the overwhelming majority of participating companies repaying their loans in full. Tesla is merely the most famous example.
      So once again, you prove yourself an ignorant dingbat.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    7. Re:only winners are by dywolf · · Score: 2

      Source:
      http://www.energyfactcheck.org...
      -----
      (copypasta)

      The DOE loan guarantee program is an overwhelmingly successful program that played a critical role in the development of new renewable energy technologies by offering long-term capital when private financing was not available.

      The Department of Energy Loan Guarantee Program has an approximately 97% success rate. As of late July, 2012, Solyndra, Abound Solar and the handful of other DOE-backed renewable energy companies that went bankrupt represented total investments of less than 3% of the entire DOE portfolio. (Source: U.S. Department of Energy, April 2013, http://1.usa.gov/Nv1OeU)
      It was well-known that the DOE’s loan programs would include a measured amount of risk. Before offering loan guarantees, Congress moved to protect taxpayers by appropriating nearly $10 billion to cover potential losses, acknowledging the risks of funding new technologies in industries that were facing significant market and economic challenges. (Source: Department of Energy, April 2013, http://1.usa.gov/10dWZIE)
      Following reports of Fisker Automotive’s financial difficulties, the Department of Energy acted decisively to protect the taxpayers’ interest. In June 2011, the Department ceased making disbursements to Fisker after the company began to fall short of the milestones required in the loan agreement. (Source: Department of Energy, April 2013, http://1.usa.gov/10dWZIE)

      There is no evidence to suggest that Fisker Automotive’s loan was a political handout. Fisker was approached by the Bush administration about a potential loan in 2008. In early 2009, Fisker underwent a nine month-long review by DOE and several independent consulting firms to assess all aspects of Fisker’s business plan, technology, and finances. In 2009 – nearly 4 years ago – their business was deemed sound. (Source: House Oversight Committee, April 2013, http://1.usa.gov/10dWgY6)

      The Loan Guarantee Program (LGP) and Advanced Technology Vehicles Manufacturing (ATVM) loan program have many success stories. For example, as the American automobile industry fought to recover from the brink of collapse in 2008, DOE provided a $5.9 billion loan to Ford Motor Company to upgrade and modernize thirteen factories across six states. (Source: Department of Energy, April 2013, http://1.usa.gov/10dWZIE)

      Another success story: In early March, 2013, Tesla Motors CEO Elon Musk announced that Tesla will pay off their $465 million federal loan in five years, rather than the 10 years specified in the loan. The company made its first payment of nearly $13 million in December 2012 and hopes to pay off the loan by 2017 – 5 years ahead of the 2022 deadline. (Source: Associated Press, February 2013, http://bit.ly/WpP4b1)

      Loan guarantees have a long history in the United States, and have been used to support many of America’s critical industries, including housing, transportation and agriculture. (Source: DBL Investors, September 2011, http://bit.ly/uV14lf)

      The Loan Guarantee Program is not part of the Obama stimulus. The LGP was created in 2005 with bipartisan support under the George W. Bush administration and designed to provide government support for “innovative technologies.” (Source: CNNMoney, J

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    8. Re:only winners are by dywolf · · Score: 1

      I forgot to add: in light of all these actual facts...would you care to retract your ignorant bullshit statement sir?

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    9. Re:only winners are by dywolf · · Score: 0

      Solyndra is a bullshit distraction from reality for conservatives appealing to their base and ignoring facts.

      Fact: Typical, average, VC firm turns a profit with a 30% success rate, depending of course on individual circumstances.
      Fact: The DOE loan program is rocking a 97% success rate to date.

      Yes Solyndra failed. Epically.
      But the program as a whole is succeeding. Epically.

      Therefore, repetition of Solyndra, just like Benghazi, just like the IRS, just like most everything else, is nothing more than handy diagnostic tool to determine how intelligent and well informed someone is.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    10. Re:only winners are by khallow · · Score: 1

      LOL. It's remarkable how minimal expectations are for government work and "investment". A few years in and there was already a 3% default rate on the loans.

      And they're comparing this to a "successful VC strategy"? VC don't guarantee a half billion in loans to businesses that will clearly go bankrupt. They start small.

      Nor do VC guarantee loans for crap, over-priced projects. For example, several of these projects are run by career public works businesses like Abengoa SA. They specialize in turning public funds into green elephants. I notice also that the price on these projects tends to hang around $4-8 per watt of generating power. That's not good enough to be competitive.

      My view is that in twenty years not a single one of these projects will be relevant to the renewable energy technologies of that future. They'll be a historical footnote about the US blowing a bunch of money on projects that didn't go anywhere and completely ignored by the people who think this approach works.

    11. Re:only winners are by khallow · · Score: 1
      So the US has been using similar failed approaches for half a century? I'm supposed to be impressed by this why?

      In fact the boost to the economy for the ones that do succeed probably far outweigh any losses in the programs.

      What boost? Perhaps we could discuss some of these examples and see if they really live up to your claims.

    12. Re:only winners are by Anonymous Coward · · Score: 0

      Minimal? They set a goal of no more than 10/11% failure.
      That's already higher than private sector by 3:1.
      Yes, the private sector...that paragon of "efficiency".
      And yet even a 10:1 ratio, the ratio they have achieved, is still not good enough for you?

      Solyndra, at the time of the loan, was a sure bet in the eyes of EVERYONE. Private and public alike.
      The only reason they went under was the price dropped out the bottom on solar panels due to china subsidizing their companies that make them. No one could have predicted that, and they say they could, they're full of crap and should be making trillions on the NYSE. It was anything BUT a "crap overpriced project that would clearly go bankrupt".

      What part of "the government's loan strategy is OUTPERFORMING the public sector in its ROI" dont you get?
      The public sector accepts 70% failure as a cost of doing business.
      The DOE only has a 3% failure rate.

      You are a prime example of the cookie mentality.
      IE, if they made it rain cookies, you would first blame them for causing diabetes.
      And then bitch at them for forgetting the milk.
      In short : Fuck you troll.

    13. Re:only winners are by dywolf · · Score: 2

      You really dont understand plain English do you.

      Private sector: 70% failure is acceptable and usually still yields a profit.
      DOE: 11% is the goal. They achieved only 3%.

      Again: Solyndra and the couple of others that failed represent only 3% of all funds the DOE loaned out.

      Minor footnote? This is one of the most successful loan programs the government has ever run.
      The few that failed did so because of the Chinese flooding the market with cheap panels they couldn't compete with.
      Meanwhile they've had more than 19 others that are unequivocal successes, right now, today, including Tesla Motors the most famous example.

      Your view is as ignorant as you are.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    14. Re:only winners are by sumdumass · · Score: 1

      You could argue that. You could also argue global warming is a conspiracy. You could argue Obama was abducted in 2010 and the person we think is obama is actually an alien. You could even find people who would believe you too. But you would be wrong.

      US solar is about to its peak economically because costs are different in China. The quality is different and the availability of resources are different. It really is that simple.

    15. Re:only winners are by Anonymous Coward · · Score: 0

      Mate, minor math mistake. its not a 3:1 ratio, its 7:1 in that line. But otherwise, spot on. But this is typical for khallow

    16. Re:only winners are by khallow · · Score: 1

      Minimal? They set a goal of no more than 10/11% failure. That's already higher than private sector by 3:1.

      First, failure means merely that the business didn't go bankrupt and default on the loan. It doesn't even mean that the business ever does anything productive with debt that's being backed. Meanwhile, a VC's failure is a business that fails to generate a sustainable profit. Do you really think that not defaulting on a loan is the same as successfully taking a business from nothing to long term profitable?

      It's ridiculous to compare these loan guarantees to business creation. The expectations are vastly lower.

      What part of "the government's loan strategy is OUTPERFORMING the public sector in its ROI" dont you get?

      LOL. The public sector doesn't do ROI.

      The public sector accepts 70% failure as a cost of doing business.

      VC's accept a 70% failure rate because the successes more than pay for the failures. The government program doesn't have that going for it. It's a substantial and hidden loss of wealth that generates a bunch of one-off renewable energy projects that are vastly oversized for the purpose of prototyping new technologies.

      The DOE only has a 3% failure rate.

      Over a period of about two to three years. And these are the worst sorts of failures - default on the majority of the loan. They are deliberately hiding the other sorts of failures, such as building something that has negative ROI.

      Anyone who can claim that this loan guarantee program has a 3% failure rate has no clue what failure means.

    17. Re:only winners are by khallow · · Score: 1

      DOE: 11% is the goal. They achieved only 3%.

      Please be an idiot somewhere else. It doesn't even remotely make sense to compare private sector failure rates for attempts to create profitable businesses from scratch to loan defaults on government loan guarantees.

      For example, the US government could have indefinitely extended loan guarantees to Solyndra which would have kept the business from defaulting ever, but only by creating a perpetual money sink. The failure rate on that scheme would by your reckoning be 0% (making it an "unequivocal success" to use your term for it) even though substantial wealth of the public is being destroyed.

    18. Re:only winners are by Bing+Tsher+E · · Score: 2

      Rich crony capitalists earned vast amounts of money, a little part of which they donated to certain political interests. How can you not have noticed the boost in that?

      People like Nancy Pelosi don't get rich on their own, ya know.

    19. Re:only winners are by Bing+Tsher+E · · Score: 1

      Frankly, I wish more of them had failed. The ones that haven't failed are still sucking on the government teat.

      Tesla Motors, for example, collects $10,000 from the government for each Luxury Sports Car they sell.

    20. Re:only winners are by Bing+Tsher+E · · Score: 1

      Go back to Democratic Underground. Your talking points are stale.

      Fucking Martinet.

    21. Re:only winners are by dbIII · · Score: 1

      US solar was IMHO hampered from being commercialized by being a political whipping boy so the US paid for the R&D and China got to make a profit from it. Best in the world doesn't matter if a bank is not going to lend you money to build a process line due to scaremongering.

    22. Re:only winners are by LynnwoodRooster · · Score: 1

      What facts? That the program has lost money, and it was planned to lose money? Is that the "ignorant bullshit" you think is worthy of retraction?

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    23. Re:only winners are by riverat1 · · Score: 2

      Let's take the example of Tesla Motors, mentioned above. The received $465 million in government guaranteed loans which they've since paid off. In January of 2014 they employed about 6,000 people (up from nearly 3,000 in December 2012), most of them well paid. They're also have supply chains for the parts they don't make in-house. They had over $2 billion in revenue in 2013. That's a nice chunk of economic activity they're driving. I'd say that's a pretty good return on investment.

      They are deliberately hiding the other sorts of failures, such as building something that has negative ROI.

      Perhaps you could provide us some concrete examples of some projects that have a negative ROI but aren't contributing to the failure rate of the program. If they're as common as you say they are that can't be too hard.

    24. Re:only winners are by careysub · · Score: 1

      Remarks to which "khallow" was responding:

      The program that the Solyndra loan was a part of was budgeted for a 10 or 11% loss rate and even with Solyndra it still had less than 5% losses..

      The government has been running different programs like that for a long time (more than 50 years) to help encourage new technologies to get off the ground. They always write in a 10 or 15% loss rate into them and the programs seldom reach that rate

      So the US has been using similar failed approaches for half a century? I'm supposed to be impressed by this why?

      In fact the boost to the economy for the ones that do succeed probably far outweigh any losses in the programs.

      What boost? Perhaps we could discuss some of these examples and see if they really live up to your claims.

      The loss rate for venture capital is 33-50%. Typical loss rate for "safe" conventional commercial investment strategies are 15% for leveraged buy-outs, and 13% for growth equity. A 10-15% loss rate for government is similar, or better than, commercial investment strategies. The stated 10-11% target indicates a very conservative approach, and an actual 5% loss rate is exceptionally conservative.

      But is, as it seems, your operating principle is "what ever the government does is bad (perhaps outright evil)" then none of this will matter to you.

      --
      Starships were meant to fly, Hands up and touch the sky - Nicky Minaj
    25. Re:only winners are by careysub · · Score: 1

      Please provide concrete evidence, you know, actual facts with numbers, that are checkable (citations optional if Googling will bring them up) to support your arguments as others repeatedly requested instead of continually "arguing from your personal hatred of government" which, in your mind, excuses you from having to support your case.

      --
      Starships were meant to fly, Hands up and touch the sky - Nicky Minaj
    26. Re:only winners are by careysub · · Score: 1

      The facts that dywolf linked to showing that the overall program made money, not even counting the revenue the government will continue to collect in taxes from the economical activity generated.

      You haven't shown that it lost any money.

      --
      Starships were meant to fly, Hands up and touch the sky - Nicky Minaj
    27. Re:only winners are by khallow · · Score: 1

      The loss rate for venture capital is 33-50%. Typical loss rate for "safe" conventional commercial investment strategies are 15% for leveraged buy-outs, and 13% for growth equity. A 10-15% loss rate for government is similar, or better than, commercial investment strategies. The stated 10-11% target indicates a very conservative approach, and an actual 5% loss rate is exceptionally conservative.

      You are comparing pigeons and bowling balls. Government isn't investing here. It's giving a bunch of money indirectly via loan guarantees to cronies to squander. It's just another siphon for sinking public funds in useless projects and activities.

      Here's the scam as I see it. The business sets up a shell company which receives the loan and the loan guarantee. The project gets built with the shell company contracting the original business for all services and construction. Then when the loan money runs out, the shell company declares bankruptcy (or the loss gets hidden with another infusion of public funds) and the original business walks away with a significant profit from all that contract work even after losing the modest initial stake they had to put in for the appearance of propriety. Rinse, lather, repeat.

      The 3% of loan amounts that immediately went south are merely an indication of the complete lack of due diligence on the part of the feds and the incompetence of some of the pigs at the trough.

    28. Re:only winners are by LynnwoodRooster · · Score: 1

      Taxpayers in the red - that means losses

      Since its creation it's lost $800 million

      Energy Department projects $2.9 billion in losses

      I can provide many more if you like - because the program hasn't made a dime. It's lost billions (and it was planned to lose even more billions, but the program's not done yet - there's still time to lose more. Dywolf's link showed nothing about a gain. It said losses were less than expected - but still losses. I can't find anything that says the program is making money - it's all losses. And if you want to dig further, read the White House's independent review of the program where it states we're on the hook for 30 years, we have inexperienced people managing it, poor oversight, no planning, no accountability, and no goals.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    29. Re:only winners are by khallow · · Score: 1

      Let's take the example of Tesla Motors, mentioned above. The received $465 million in government guaranteed loans which they've since paid off. In January of 2014 they employed about 6,000 people (up from nearly 3,000 in December 2012), most of them well paid. They're also have supply chains for the parts they don't make in-house. They had over $2 billion in revenue in 2013. That's a nice chunk of economic activity they're driving. I'd say that's a pretty good return on investment.

      And the government(s) could have just done nothing at all with similar results.

      Perhaps you could provide us some concrete examples of some projects that have a negative ROI but aren't contributing to the failure rate of the program.

      Anything with a cost over $4 per watt. They could have instead done nothing and let the businesses figure out on their own how to provide solar thermal and other renewable power systems for far less than that amount.

    30. Re:only winners are by khallow · · Score: 1

      Please provide concrete evidence, you know, actual facts with numbers

      My previous post is more than adequate. Let me repeat myself in case you just didn't read it:

      For example, the US government could have indefinitely extended loan guarantees to Solyndra which would have kept the business from defaulting ever, but only by creating a perpetual money sink. The failure rate on that scheme would by your reckoning be 0% (making it an "unequivocal success" to use your term for it) even though substantial wealth of the public is being destroyed.

      Now that I satisfied your question, will you address the problem I describe?

    31. Re:only winners are by sumdumass · · Score: 1

      The thing about opinions is that they are what you think about something real. When oil was climbing through the roof under Bush to the point of an eventual economic collapse, banks weren't needed. Plenty of investment bankers and venture capitol was available. I agree, that dropped when the economy collapsed and oil magically dropped over night too. This took a lot of the investment money away but it wasn't because no one could make a sound business plan, it was because no business plan could show a profit in the US. That is largely why no banks would loan money- because they couldn't get a return on it or the loan returned.

      Now, a few years before the collapse, banks would have been inclined to write the loans and then immediately package it into a default swap and let someone else worry about it. But after the collapse, that was one of the largest claimed reasons for the economic collapse so it wasn't going to happen while congress was bitching.

    32. Re:only winners are by khallow · · Score: 1

      As an aside, I'm not surprised that someone so profoundly ignorant of what "investment" means, would link to a gratuitously ignorant site like governmentisgood.com.

    33. Re:only winners are by dywolf · · Score: 1

      You are still posting the same ignorant crap.

      The fact its only 3% doesnt mean they didnt do any due diligence.
      That fact its only 3% is PROOF THEY DID.
      You are one stupid sack of crap.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    34. Re:only winners are by dywolf · · Score: 1

      No, my link was to the DOE's own analysis of ALL their loans as presented to the Congress in an official hearing.
      The only reason you can't find anything is because you didnt bother to read a single source document that I provided.
      You're stupidity is almost as bad khallow's.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    35. Re:only winners are by dywolf · · Score: 1

      IT HASNT LOST MONEY.
      That's the entire fucking point.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    36. Re:only winners are by dywolf · · Score: 1

      There's a reason facts become talking points. Being a talking point in no way reduces their legitimacy. Your words are the response of one who has neither a legitimate counter argument, nor counter facts with which to argue his position. In short, youre no better than the trolls khallow and lynnroosterwhatever, and just as ignorant.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    37. Re:only winners are by khallow · · Score: 1

      Look I realize you are a clueless idiot. So this reply isn't for you. It's for everyone else who looks at this thread and thinks, well isn't 3% better than 70%?

      First, there's what should be the nail in this coffin. People like dywolf define as a success, nay an unequivocal success, a business that just happens not to go bankrupt in five years after receiving one of these very ample loan guarantees (this part, "section 1705" started in 2009 due to passage of the American Recovery and Reinvestment Act in that year). It's "one of the most successful loan programs the government has ever run" to use dywolf's words.

      Imagine if a sports team defined as an "unequivocal success" and "one of the most successful seasons we've ever had" merely because 97% of their team showed up for preseason practice with maybe one or two games actually played by the point they start to brag. And as long as 89% of the team sticks around through the end of the season, whether or not they ever win any games, then they'll meet expectations too.

      The expectations are absurdly low.

      Second, he conflates different loan guarantee programs. Solyndra and Tesla weren't in the same program and Tesla's loan wasn't a loan guarantee, but rather a low interest loan. This point is a bit pedantic, but I just want to point out yet another symptom of dywolf's ignorance in this matter.

      Third, the cited, biggest success of this "program", Tesla is massively subsidized by both the federal government and the state of California. I believe the subsidies are large enough to make the difference between a successful company and also-ran.

      There was an earlier discussion of a major "bond manager" of Tesla stating that the company should drop auto manufacture altogether and go full bore into car batteries. At the time, it didn't make sense why someone would suggest that. That now strikes me as further evidence that Tesla doesn't actually make cars that would be profitable on their own.

      I don't think Tesla is unusual in being heavily subsidized, but rather that is a typical feature of the businesses which picked up these sorts of loans.

      Moving on, dywolf and several others have conflated the loan guarantee program with a variety of risky business activities such as venture capital, leveraged buyouts, or growth equity, spinning some bullshit about how "conservative" the investments were (from the link "an actual 5% loss rate is exceptionally conservative").

      Note what they don't compare this program to - actual private lending. An actual 3% loss over five years is bad. While those levels were being hit by banks during the real estate crisis and subsequent recession, that resulted in banks collapsing, not bankers high-fiving each other over the unequivocal success of their lending programs.

      Why should we consider VC-level risk appropriate for what should be mundane industrial project lending? Venture capitalists have more or less the same universal strategy. They put small amounts of money (and often technical or business expertise lacking by the founders of the startup) into a startup. The startup proves itself by meeting whatever goals have been set. Then those that survive to that point may get funded further by the VC or by other investors. Every such investment is graduated. They don't dump half a billion dollars in and hope the business works out.

      This strategy of dumping huge sums in and building huge projects is completely alien to how the private world does investments in new, untried things.

      Then there's my fifth point, there's absolutely

    38. Re:only winners are by LynnwoodRooster · · Score: 1

      All their loans - in which they lost less money than the projected?

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    39. Re:only winners are by dywolf · · Score: 1

      note, this is not a troll post.
      stop abusing mod points.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    40. Re:only winners are by khallow · · Score: 1

      The energy program that the Solyndra loans were a part of has not only NOT lost money, it's turned a profit with the overwhelming majority of participating companies repaying their loans

      Solyndra had loan guarantees from the US Department of Energy. Those guarantees inherently do not generate profit. The loan is taken from a private lender who reaps the profit of the loan. And when someone defaults on the loan as Solyndra did, that loss is applied straight to the federal government.

  8. American People will be the losers ! by Anonymous Coward · · Score: 0, Informative

    The American people lose as more expensive less reliable power is substituted for base load coal power.

    Obama said the price of electricity will necessarily sky rocket...yup for once he told the truth.

    And for what? Some green energy pipe dream. If their plan works as they intend, according to EPA's own models (MAGICC) we would avert 0.02 degrees of warming !
    Industry, especially high tech industry like chip fabs cannot have power interruptions, even a few seconds shuts the line down, scraping wafers and days at best. This past cold winter here in Illinois, the grid was taxed to the maximum. If we remove solid base load power there will be brown or blackouts when it is minus 10 degrees .

    The earth atmosphere has not warmed for 12-17 years depending on which temperature series you look at. This shows at a time of the most CO2 emitted (25% of historical amounts) temperature has not gone up, so the computer models are wrong.

    It is not about air pollution, which is declining in the US, it is about destroying the energy and manufacturing infrastructure in the US.

    1. Re:American People will be the losers ! by riverat1 · · Score: 2

      The earth atmosphere has not warmed for 12-17 years depending on which temperature series you look at.

      That only works if you ignore the oceans where over 90% of the heat goes.

    2. Re:American People will be the losers ! by TapeCutter · · Score: 1

      Anonymous Luddite would be a more accurate handle.

      --
      And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
    3. Re:American People will be the losers ! by Anonymous Coward · · Score: 0

      Shut the fuck up you ignorant lying sack of crap.
      You fonts of misinformation are like the devil telling Eve "it's ok, its no big deal, nothing will happen".

      Germany has solar power.
      GERMANY. LEading the way in solar.
      They are farther north than any US state except Alaska.
      There is NO REASON for us to not pursue it.
      Its not a pipe dream.

      The earths atmosphere has not only warmed up, of the 15 hottest years on record, 14 where in the last 15 years!!
      If you calculate the average yearly temperature since we started keeping records (~1880), EVERY YEAR SINCE 1979 HAS BEEN ABOVE THAT AVERAGE.
      Every. Single. One. If you were born in '79 or later then you have never once experienced anything less than a warmer than normal year.
      It is a VERY clear upward trending line.

      It's true that air pollution has declined 9% compared to 2005 (the base date of the EPA's new rules that set a goal "30% reduction as compared to 2005") as a rate compared to economic activity. But this is like per capita income. Its misleading and doesnt state what you think it does.
      In addition, if the year 1990 is used as the base date, as it was in the previous EPA rules, then the rate is STILL 9% greater than 1990. They have, in essence, picked the peak year for pollution as their base date. The EPA almost cheated in choosing 2005, as the rate will decrease as a natural consequence of simply insatlling more solar and wind (indeed, thats why the 9% "decrease" exists) even if no changes to coal output occur.

      And lastly, no. It's not about destroying energy or mfr'ing.
      You're just another dumbass wingnut troll.
      Long on bullshit, and short on brains.

    4. Re:American People will be the losers ! by sumdumass · · Score: 2

      What magically caused the oceans to all the sudden be so important other than excusing a gap in warming?

      I mean why were they ignored previosly and cannot be ignored now? Its a bit like comparing apples to cars when the goal posts are changed to keep this warming notion alive.

    5. Re:American People will be the losers ! by riverat1 · · Score: 1

      They weren't ignored previously. I've known the oceans were important for over 20 years. I can't imagine that climate scientists weren't aware of it since at least the 1950's. Since they started deploying the Argo floats in the early 2000's the amount of data we have on the oceans has gone up by orders of magnitude. They show that the ocean continues to warm. The emphasis started out on surface temperatures because that's where we live and so it's important to us. But anyone who studied weather or climate would know that there are large energy exchanges between the atmosphere and the ocean. It's really kind of obvious.

    6. Re:American People will be the losers ! by Ichijo · · Score: 1

      The earth atmosphere has not warmed for 12-17 years depending on which temperature series you look at.

      When you flagrantly cherry pick your data, you can make it prove almost anything you want it to.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    7. Re:American People will be the losers ! by Anonymous Coward · · Score: 0

      >This shows at a time of the most CO2 emitted (25% of historical amounts) temperature has not gone up, so the computer models are wrong.

      Time to wake up you knuckle-dragging ignoramus. Listen up - CO2 is a GREENHOUSE GAS. CO2 is what 96.5% the atmosphere of VENUS is made from. VENUS is a big GREENHOUSE because of this, and it COOKS at 300 degrees C. VENUS is a living experiment of what a CO2 planet looks like. It isn't cold, it's hot as hell but it wasn't always that way - earlier in the life of Venus it was much cooler and had less CO2.

      CO2 can be put into a controlled system like a greenhouse, and the blanket effect is REAL and MEASURABLE.

      So your shitty little hypothesis that CO2 isn't a greenhouse gas is knuckle-dragging stupidity. Note that none of this depends on whether the recent weather record shows cooling or heating on a short time scale.

      Learn some science and get educated.

    8. Re:American People will be the losers ! by Anonymous Coward · · Score: 0

      >What magically caused the oceans to all the sudden be so important other than excusing a gap in warming?

      They weren't, the warming ocean has been part of the models for a dog's age. You just don't have enough history or attention to the IPCC documents to know that.

    9. Re:American People will be the losers ! by sumdumass · · Score: 1

      Lol.. i know they have been part of the models. That is beside the point. They are part of the so called warming but when the warming seems to have stoped for a decade or two, all the sudden it is being trotted out separately as if it refutes yhat lack of warming.

      So i reitrrate, what all the sudden makes the oceans so magical other than a lack of warming?

    10. Re:American People will be the losers ! by sumdumass · · Score: 1

      Lol.. thats fine and all. But assuming that is ttue, the oceac temps have historically been recorded as part of the warming. However, all the sudden when warming appears to have stopped or paused for a dihnificant amount of time, ocean temps are ttotted out as if there are magical qualities no one ever knew and it lays waste to the observations of lack of warming.

    11. Re:American People will be the losers ! by Anonymous Coward · · Score: 0

      Water vapor is the main green house gas on earth.
      Far more than CO2.

      Venus is close to the sun, that's why it is hot.

    12. Re:American People will be the losers ! by Anonymous Coward · · Score: 0

      Energy prices re skyrocketing in Germany, and people are complaining.

      So what if the last 15 years are hottest?
      That's like saying a 30 year old man is the tallest he has been in his life.
      But that does not mean hes is growing.

      It has been hotter on earth, and humans did well in those times, polar bears survived.The medieval warm period was hotter than now, and the roman warm period.
      Sea levels were higher also.
      We survived.
      This has happened before, and not caused by humans, it is natural cycles.
      Only failed computer models tendentiously predict the human catastrophic warming.
      The earth is probably cooling now, and that will be bad for humans.

    13. Re:American People will be the losers ! by Anonymous Coward · · Score: 0

      The heat capacity is so large for the oceans, once heat goes deep there it is sequestered for hundreds or thousands of years.
      The ocean temperatures have risen hundredths or thousandths of a degrees.

      It cannot come back to heat air to higher than that temperature, that's thermodynamics.

    14. Re:American People will be the losers ! by Anonymous Coward · · Score: 0

      Just a point. Venus is that way because it has no biosphere. Earth would have been that way too without a biosphere. Dumbass.

    15. Re:American People will be the losers ! by dywolf · · Score: 1

      No, we didnt survive. Because that last time it was this hot we didnt exist.
      It has never been hotter on earth during the existence of humans or polar bears.
      The "medieval warm period" was colder than today, and it only affected northern europe whereas global warming is.....global.
      No, it is not cooling.
      No, the models do NOT fail to predict the current trends. In fact, the models accurately recreate all conditions seen from 1900 to present.
      Again: you are wrong, and full of crap.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    16. Re:American People will be the losers ! by dywolf · · Score: 1

      And now sumdumass is joining the troll game.

      A refresher for your ignorance:
      They weren't ignored. The scientists just didnt realize just how much they would be affected.
      When running climate models, about 10 years ago they noticed the models at the time were diverging from observed conditions. Essentially, the models were predicting higher temperatures than what we were seeing. We know how much energy was going into the system, but for some reason we werent observing the energy in the real world. It was missing.

      Turns out, they underestimated how much of that energy the oceans would absorb.
      They noticed that while air temperatures increased at a lesser rate than expected, oceans were warming more than expected.
      Thus, they realized more of the heat was going into the oceans.

      The models have since been adjusted, and once again the predictions and the actual observational data once again tracking together.

      Predict, observe, adjust.
      No magic required.
      Just science.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    17. Re:American People will be the losers ! by dywolf · · Score: 1

      nothing magical.
      they simply underestimated how much heat the oceans would absorb.
      turns out right now about 80% of the energy is going into the oceans.
      the models previous to the correct anticpated a fair less than that.
      this turns out to be a big deal because with the ocean warming so much faster than expected, certain other processes will also speed up. there's also the bit about oxygen content (warmer water holds less O2....bad thing for fish), and changing currents.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    18. Re:American People will be the losers ! by AaronW · · Score: 1

      The difference is that water vapor tends not to stay in the atmosphere very long and the amount is relatively constant due to precipitation. CO2, on the other hand, tends to accumulate in the atmosphere. The oceans absorb much of it but there's only so much that can be absorbed and the oceans are acidifying due to this. Water vapor also tends to form these white things called clouds which reflect a lot of sunlight back in to space.

      --
      This post is encrypted twice with ROT-13. Documenting or attempting to crack this encryption is illegal.
    19. Re:American People will be the losers ! by sumdumass · · Score: 1

      My, how the ignorant pretend to be smart. The amount of heat the oceans absorb is already included in the surface air recording as it is all part of the process. You say 80%, fine, so 100 degrees air temp already includes 80 degrees of energy going into the oceans. If there is no warming, in air temp, there is no warming in the oceans right? If there is a warming in the oceans, there will be a warming in the air temp. Like you said, they are interconnected..

      So what is so magical about oceans that they are so important now. Of course they changed the models because as a lot of people have been complaining about, they weren't accurate. That's models, not observations. But when someone says the warming stopped for the last couple decades and someone replies with only if you don't count the oceans- what is so fucking magical now outside of explaining the lul in warming. In real world measurements, how can the warming of the oceans (which we do not have accurate records of) disprove the lack of warming in the atmosphere.

    20. Re:American People will be the losers ! by sumdumass · · Score: 1

      Did the oceans change how much heat it absorbs? If not, the recorded temps would be the same so if it stopped showing an increase, the oceans have the same effects as when it did show an increase. Or in other words, 100 degrees average temp would be 100 degree average temp in 1920, 1469, 2000, and 2010 or even 2014. So what makes them so important now that they can disprove a lul in the temps increasing?

    21. Re:American People will be the losers ! by riverat1 · · Score: 1

      You have only yourself to blame for not knowing the oceans are an important part of the equation. It was something that was talked about in the IPCC's first report back in 1990 when they estimated the amount of sea level rise over the past century due to thermal expansion to 2-6 cm. But the data from the Argo floats has helped us quantify it much better since the early 2000's so it's easier to make quantified statements about it now.

    22. Re:American People will be the losers ! by sumdumass · · Score: 1

      Perhaps it was the drunk posting from a phone or maybe you are trying to skirt the issue and hoping it somehow is hidden well enough not to impinge on global warming or something, but I'm not sure you even understand the question.

      No one said the oceans weren't an important part of the equation. Someone said the warming stopped and the reply was only if you don't count the oceans. Now, the ocean's effect, whether included in models or not, were by default included in temperature readings. So when temp readings show no extra warming in a couple decades, all the sudden the oceans are being trotted out to dismiss it. So what has changed to make the oceans all the sudden magically special insomuch that they cancel the lack of warming?

      In other words, unless something significant has happened concerning the oceans, any deviation in its importance or understanding will only affect modeling and not real world temperature readings. The temp taken today will have the same legitimacy as the temp taken in 1620, 1980, 2000, 2014, or 2025- unless someone can explain how the oceans all the sudden matter outside of the norm when no warming has been observed. Otherwise, the oceans cannot be used to explain a period of no or little warming.

    23. Re:American People will be the losers ! by riverat1 · · Score: 1

      The oceans have continued to absorb heat energy and the Argo floats show they haven't slowed down. Since the oceans absorb over 90% of the energy imbalance to begin with it doesn't take much change in how much it absorbs to affect the atmosphere and surface temperatures. In the ENSO (El Nino/Southern Oscillation) cycle the oceans release heat during the El Nino part of the cycle and absorb more heat during the La Nina phase. La Ninas have dominated over the past decade. There are other factors that affect surface too such as the increase in aerosols from industrialization in China and the lowest activity solar cycle in a century. Another thing that affects the surface temperature record is the fact that we don't have a lot of good data from the high Arctic where the warning has been greater than at the mid and tropical latitudes. Despite those things the evidence shows that the energy imbalance continues and the the geophysical system continues to retain more heat energy.

    24. Re:American People will be the losers ! by sumdumass · · Score: 1

      Thats all fine and all but it still doesn't explain why all the sudden the oceans need special consideration when temp measurements show a lapse in warming. These natural mechanisms were in place long before the lapse in warming and contributed to the record with the claimed warming. Ironically, you just made yhe case that the warming has been somewhat attributed to natural circumstances that seem to be absent now which i do not think was your point.

      So either the watming is influenced by thrse nstural cycles also or something just happened. All anyone has done so far is explain why the models needed changed but not why the oceans all tje sudden invalidate a lapse in warming. Unless you are saying all that natural cyclical activity just started and never influenced temp records before the lapse in cooling. I don't think that is right either.

    25. Re:American People will be the losers ! by riverat1 · · Score: 1

      Including the oceans there is only no real lapse in warming, just a slightly different and temporary distribution of the heat energy. Climate models are coupled to the oceans but we don't have the computer horsepower necessary to fully model the oceans in the climate models, only the surface interaction between the atmosphere and oceans. So what happens deeper than the top layer of the ocean gets parameterized in the models.

      The natural climate forcings are always operational but the forcing due to human emitted greenhouse gases are enough to override the natural forcings on longer time scales (3 decades or more). Lately natural forcings have been more negative than positive side.

      La Nina conditions have dominated in the past decade. During a La Nina the trade winds are somewhat stronger which piles up water in the Western Pacific (around the Philippines sea level was up 8 or 10 inches because of that). When the water piles up like that it starts driving warmer water down into the deeper ocean. When an El Nino develops as expected this year the water sloshes back to the Eastern Pacific off the coast of South America and some of that stored heat is released. Right now the waters off Colombia, Ecuador and Peru are some 2.5-4 degrees C above normal. If a strong El Nino develops this year I expect new record high temperatures will be set.

    26. Re:American People will be the losers ! by sumdumass · · Score: 1

      I don't think you understand the problem. All of what you have said has happened in the past. The inverse has also happened causing it to appear warmer also. All that is natural and built in so when temp readings from 30 years ago are brought up, it would be incorect to claim they are inflated and too warm because of the oceans. Now that there is a lul in the warming, it it just as incorect to cite the natural phenom for yhe temp readings.

      It either countd then as it does now or it is changing yhe goal posts mid stream. Interedtingly, if hou are to say natural cycles cause the warming to stop, then natural cycles can be behind the majority of reported warming just the same. As several post now solidify, none of this happening with the ocean is new, its just being used by some to excuse yhe failings in models.

    27. Re:American People will be the losers ! by dave420 · · Score: 1

      They don't need special consideration - honest people honestly talking about the world's climate understand that they have always affected the global temperature, it's only when muppets chime in with their usual "X years of no warming!" nonsense that people need to be specifically reminded about the oceans' role in all this.

    28. Re:American People will be the losers ! by dave420 · · Score: 1

      You could just - and this is going to sound really strange - study this before showing everyone you can't be bothered and trying to single-handedly take down an entire field of science simply because you find the outcomes of it problematic to your way of life...

    29. Re:American People will be the losers ! by sumdumass · · Score: 1

      Two guys decide to see who is a better driver, one of them or a current record holder. They get the same car and decide to race down the same road. The current record holder made the trip in 10 minutes. The first guy tries and gets a close 10.5 minutes. The second guy tries and gets 9.75 minutes. The first guy complains he was driving into the wind and the second guy was driving with the wind. They look it up and there was wind going both directions when the previous record was set. Now, who was fastest? The second guy of course. The fact there was or was not any wind or which direction it was blowing doesn't change the times reported for the run.

      Now, does the temp record adjust for every decadal oscillation event, does it adjust for every single day of low solar activity? Of course it does bevause it is built into the temp as it is taken. But for some reason, it needs to be held separate as an excuse for a lack of warming when it is not held separate to explain the warming. Further, it would be almost impossible to separate it from historic records.

      So it is comparing apples to tractors or something because it isn't the same measurment if what was previously influencing the warming is separated and used as a cause for the cooling when nothing changed. All of the reasons are natural and have implications going either way. All the blaming the lack of warming on oceans does is point to cyclical natural events for the differences in temps. That is not what the science is saying though.

    30. Re:American People will be the losers ! by sumdumass · · Score: 0

      I see you attended the dimwhits school of debating. Its sad that you can't even see the logical problem and instead of offering insight, move to spouting little more than an evasion of the question before trying to appeal to authority.

      Here is a hint- well as close of one that i can give you without drawing a picture, the temps recorded at any other point in time already have the effects of the oceans built in. It is illigitimate to attemp to separate those effects and prod them out as a reason for an observation when it is completely dismissed or hidden when there is warming.

      So in short, if it is enough of an impact to be stated as a reason for the lack of cooling, why is it hidden when there is warming and wouldn't that make the warming number inflated. The effects are natural snd built inti the temps by default so any reading atany other time that shows warming is just as legitimate as reading that show the lack of warming. You cannot change the rules for only part of the game when you think you might not be winning.

  9. Last time I voted... by towermac · · Score: 2

    EPA wasn't on the ballot.

    If they were though, I might not have voted for them, because they are such hypocrites. Get caught by them with so much as a dirty old eagle feather found in a ditch, and see what happens to you. Yet windmills in CA are up to 3000 Golden Eagles killed, and like 1 point something million birds total. Free pass. Doesn't matter if I love windmills or not; the birds are worth protecting with felonies and giant fines for regular citizens, or they are not. I'm a big fan of equality under the law.

    My power bill is high as fuck now. So are other peoples'. I can't think of a reason why the EPA would care about that though.

    Where is my Congress?

    1. Re:Last time I voted... by Anonymous Coward · · Score: 0

      Are you willing to fight the Texas Militia... /s

    2. Re:Last time I voted... by Anonymous Coward · · Score: 0

      Perhaps you should not derive your rage from poorly written article summaries or blog postings that either misunderstand or misrepresent the proposed regulations, just like you should not derive your rage from what someone on talk radio tell you to believe regrading politics.

    3. Re:Last time I voted... by Nimey · · Score: 1

      Some people aren't intelligent enough to understand that things are complicated and there are no simple answers, no one thing to blame for our problems. Those people tend to be teabaggers.

      --
      Hail Eris, full of mischief...

      E pluribus sanguinem
    4. Re:Last time I voted... by dywolf · · Score: 2

      The EPA isnt responsible for the windmills.
      They also arent the ones to blame for your eagles, niether the enforcement of having a feather, nor for the ones hit by the windmills.

      You didnt vote for the military either. But you enjoy the benefit of their presence.
      You didnt vote for the IRS either. But you enjoy the benefit of their presence (like it not, someone has to collect the revenues).
      You didnt vote for the Dept of Treasury. But you enjoy the benefit of their presence.
      You didnt vote for the FBI. But you enjoy the benefit of their and other law enforcement's presence.
      You didnt vote for the FCC. But you enjoy the benefit of their presence every time you sit down to the watch the game at night.
      You didnt vote for the FDA. But you enjoy the benefit of their presence, everytime you eat a steak or take a drug without dying.

      I could go on. There's a lot of independent agencies with different tasks.

      Point is this: The EPA is an independent agency with essentially one mission: Enforcement of the Clean Air and Clean Water acts.
      That means dealing with pollution. That means regulating the creators of pollution.

      When it comes to our electric grid coal generates ~40% of our juice. At the same time, it's our single biggest source of air pollution, coming to nearly 65%. It also generates a lot more than just air pollution. There's the mercury and other toxic chemicals released. There's the waste slag, and dirtied water. the coal ash waste.

      There's all the infrastructure to support coal burning:
      -mining: Miners work in a .... less than ideal ... environment shall we say. Their health problems really dont need repeating; they're legendary. That costs the economy (and taxpayers) money.
      -transporting: takes fuel to get it around.
      -washing: remember the little accident they had in WVa, minor spill...contaminated 300,000 people drinking water? Bunch of folks got sick? Kind of a big deal.
      There's more but you get the idea.

      So again: The EPA is charge of dealing with the environment, and that means regulating the creators of pollution.
      They do this because most people rather dislike the idea of losing cities to rising seas. They dislike the idea of the planet getting warmer, shifting weather patterns, killing crops, reducing food supply, making places uninhabitable, increasing population pressures, decreasing water availabilty, sparking conflicts.

      In short: the idea of potentially losing the human race, of pushing so far we can't recover, is kind of a bad idea.
      There is no argument you can make that absolves you of that. That makes it ok.

      No it's not going to be easy. After you break a window, is it easy to put it back together? Is it free? Is it without consequences? But does that difficulty mean you should do nothing?

      The only thing in your favor is this: you post quite clearly communicates that you have little idea of what the EPA even does, how our government and agencies work, what the problems facing us are.

      In short: you are ignorant and need to just. shut. up.

      --
      The guy who said the election was rigged won the presidency with the second-most votes.
    5. Re:Last time I voted... by mattack2 · · Score: 1

      You do realize Richard Nixon was the one who signed an executive order to create the EPA, right?

    6. Re:Last time I voted... by BeaverCleaver · · Score: 1

      Got any references for those "bird kill" numbers?

      Early wind turbines, built in response to the 1970s oil crisis, were indeed a hazard to birds. However new wind turbines are bigger and spin at lower RPM, so they are easier for birds to see and avoid.

      I don't know about the USA, but most countries also require and environmental impact statement before building wind turbines. These days, if they are proposed right in the middle of an area with high golden eagle populations, they don't get off the drawing board.

    7. Re:Last time I voted... by Bing+Tsher+E · · Score: 1

      Some people are stereotyping motherfuckers. Those people tend to do a lot of namecalling. Enjoy your paperdoll parodies much?

    8. Re:Last time I voted... by Layzej · · Score: 1

      Across North America, the estimated number of migrating birds killed annually in collisions with buildings ranges from 100 million to 1 billion birds. - http://www.flap.org/faqs.php

      Somewhere between 0.1 and 0.3 million birds die each year from collisions with wind turbines - http://www.smithsonianmag.com/...

      But the real killer ... CATS! Cats may kill up to 3.7 billion birds and 20.7 billion mammals in the United States alone each year, a new study has found. - http://www.cbc.ca/news/technol...

    9. Re:Last time I voted... by AmiMoJo · · Score: 1

      That's because there are lots of other things that kill far more birds than wind turbines. Cats, nuclear, coal, windows, power lines, cars, hunting and of course climate change all kill orders of magnitude more, so switching to wind turbines actually saves lives.

      If you want to protect birds you should be arguing for more wind power.

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    10. Re:Last time I voted... by Sarius64 · · Score: 1

      Yeah, not seeing that "cat kills bald and golden eagles" statistic. Reference?

    11. Re:Last time I voted... by Layzej · · Score: 1

      Pretty sure the ggp made up the stat about the eagle kills. Found what I could on the internets but perhaps you could dig deeper? Either way, you can't satisfy the Luddites. They would have us raze the buildings and live in the trees if they had their way.

    12. Re:Last time I voted... by Sarius64 · · Score: 1

      True.

    13. Re:Last time I voted... by BeaverCleaver · · Score: 1

      So, around 0.1% of the deaths from hitting wind turbines as from crashing into buildings. Birds are good at flying. There's a pretty strong selection pressure in favour of birds with enough coordination not to crash into things.

    14. Re:Last time I voted... by Sarius64 · · Score: 1

      Really? Got any stats on the cats killing adult eagles? I'd love to see that one.

  10. Water Reactors are Teh Suck by Scottingham · · Score: 5, Informative

    Of course nuclear power doesn't seem viable if you look at it's current state! All the reactors we have now were designed in the '50s. They use water as a moderator (ie thermal neutrons) and coolant, requiring complex assemblies of fuel rods and control rods. Thermal neutrons also cause way more incidental nuclear waste (irradiated steel cores, wires, etc). They use
    It doesn't have to be that way! The most recent design for a fast reactor seems to be the most legitimate and feasible new design to date. It's called the dual fluid reactor. http://dual-fluid-reactor.org/

    It separates the fuel loop from the coolant loop. This has numerous advantages. You can alter the rate of either independently to best suit the current need. The coolant used isn't liquid sodium. Which, aside from not playing nice with air and water has a low boiling point and high neutron cross section. This reactor uses liquid lead as its coolant. Its so stable and resistant to radiation that the coolant loop can be piped into the non-containment area for power generation. In the papers I've read they mention coupling it to an MHR generator then a super-critical water loop en route to turbines.

    It is engineered to run at 1000C, which at that temperature, makes it possible to do pyro-chemistry with electrodes to filter out the daught products in line with the fuel loop. The separated daughter products are then sent to a passive cooling chamber (the super short lived ones are hooked up to the coolant loop where it contributes to energy production) where they remain hella hot for a few hundred years. Then they become inert. There are supposedly lots of valuble metals after about 90 years that make the waste itself a hot commodity.

    The reactor is designed to be a 2 meter cube, for simple production there are no bowed parts, only 90 angles with straight pipes. A reactor this size can put out 1500MW thermal.

    Couple this with the recent advancement of laser-based particle accelerators and you wouldn't even have to start with enriched fuel! The power required to drive the laser would be
    As Elon Musk would say (probably): Seriously guys, it's the 21st century, act like it!

    1. Re:Water Reactors are Teh Suck by argStyopa · · Score: 1

      " All the reactors we have now were designed in the '50s. "

      And why's that? Because the ecology-fanatics brought a complete halt to civil nuclear development.

      And who is telling us we need to get rid of coal now?

      --
      -Styopa
    2. Re:Water Reactors are Teh Suck by zippthorne · · Score: 1

      They use water as a moderator (ie thermal neutrons) and coolant

      Surely a design like that would (or could, anyway) handle a loss of coolant fine, as without the moderator the reaction would slow down.

      --
      Can you be Even More Awesome?!
    3. Re:Water Reactors are Teh Suck by Anonymous Coward · · Score: 0

      " All the reactors we have now were designed in the '50s. "

      And why's that? Because the ecology-fanatics brought a complete halt to civil nuclear development.

      And who is telling us we need to get rid of coal now?

      What is wrong with that? Old nuclear plants were relatively bad for the environment, new nuclear is not. People that are conscientious of that have changed their opinion based on improving technology in one area outstripping the safety of another. Sounds like a completely rational position to me.

    4. Re:Water Reactors are Teh Suck by meglon · · Score: 1

      " All the reactors we have now were designed in the '50s. "

      And why's that? Because the ecology-fanatics brought a complete halt to civil nuclear development.

      Those eco-fanatics" actually haven't: http://www.world-nuclear.org/i...

      The real answer: Three Mile Island and Chernobyl.

      ...but i really wanted to answer the last question you asked:

      And who is telling us we need to get rid of coal now?

      That one is incredibly easy: the people that want to save this species form fucking over the environment so much that everyone dies, although why they'd want to save your stupid fucking ass is beyond me.

      --
      Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
    5. Re:Water Reactors are Teh Suck by Anonymous Coward · · Score: 0

      Or a heavy water reactor. Like Canada's standard reactor design

    6. Re:Water Reactors are Teh Suck by Scottingham · · Score: 1

      The DFR has a negative void coefficient...More heat == less reactivity, you actually have to actively pump the coolant loop to get it up to 1.5GW, otherwise it's in a very inefficent passive mode. No heat and the lead solidifies around the fuel loop.

    7. Re:Water Reactors are Teh Suck by Bing+Tsher+E · · Score: 1

      Here's some chickenfeed, Little.

  11. Solar, wind, hydro, nuclear, in that order by Anonymous Coward · · Score: 1

    Clearly, the order of investment/research should be

    Solar - we need to up the efficiency, pick a proven 'winning' system (parabolic trough would be my choice) and GO with deployment, Germany has shown that this can be done in even sub-par areas, and even with transmissions losses, the sun produces magnitudes more energy than we could possibly ever use.

    Wind - offshore where appropriate, inshore where available, enhancing the solar production into both day and night.

    Hydro - again, renewable, but limited to certain areas and not without its environmental challenges

    Nuclear - fission and cleanup of existing fuels using thorium fuel cycle is likely the best approach, fusion research as the long term solution for sustainable renewable power (and yes, with 4th/5th generation reactors, specifically Liquid fluoride thorium reactors, nuclear fission can be safe, and better, it can be the solution to removing/making safe/reusing all that stored nuclear fuel at existing reactors)

    Storage (near and long term) - this can be accomplished with better batteries, or better, thermal storage. You can even use kinetic flywheels or chemical storage in the form of fuel (use the excess energy to manufacture hydrogen from sea water anyone? or desalinate sea water to provide fresh drinking water? the uses for excess energy are endless)

    Coal - Slowly phase out coal, starting with regulation to reduce/remove/offset the incredible amount of pollution/death it causes
    Oil/Natural Gas - We should definitely NOT be using this for fuel, it is much MORE valuable as a resource for making things, think plastics and fertilizer. Granted, we don't have the infrastructure to stop using this stuff for energy, but its coming, so slowly phase it out of our energy systems in preference for the above 4.

    Stop thinking small. Even 1% of the existing military budget would be a huge boost for the energy research sector. I'd rather have a failed solyndra, than 10 years of war in Iraq.

    1. Re:Solar, wind, hydro, nuclear, in that order by Bing+Tsher+E · · Score: 1

      As long as a failed Solyndra doesn't result in a passel of big fat crony capitalists who support and promote one 'wing' of the political spectrum, you have a point. As it stands, though, it's proven to be a fucking con game.

    2. Re:Solar, wind, hydro, nuclear, in that order by AaronW · · Score: 1

      The thing is that when you're doing research there will always be failures. If you don't have failures you're not trying very hard. That is why Silicon Valley is so successful. For every success story there are ten failures. The VCs know this. The loan guarantee program Solyndra was under was extremely successful, despite Solyndra and Fisker. Note that in many cases the loan processes started when there was an R in the Whitehouse. The problem is that there is a certain wing of the political spectrum that seems intent on keeping the status quo at all costs due to political donations from certain industries.

      Solyndra made perfect sense when it was started. The cost of silicon was quite high and they had a method to reduce the amount needed for their panels. Then the Chinese started dumping solar and the price of silicon dropped to around 1/20 and there was no way Solyndra could compete.

      --
      This post is encrypted twice with ROT-13. Documenting or attempting to crack this encryption is illegal.
  12. Big Oil wins by GoodNewsJimDotCom · · Score: 1

    Big oil and your standard energy providers win if our electricity bills are going up. They're going up by 50% now around where I live. They figure,"Hey one way to compete with the electric car is to make it as expensive to fill up your electric car as buying gasoline." and it will work for the short run.

    1. Re:Big Oil wins by stomv · · Score: 2

      If your bills are going up 50%, its because your electric company is spending lots of money on existing coal plants so they emit less SO2, NOx, PM, and Hg. Of course, they'll emit about the same amount of CO2. Utilities that haven't insisted on coal coal coal haven't seen substantial increases in rates.

      This is a generality -- individual utilities may have rate increases for other reasons, but very, very few utilities have had rates go up by 50% within the past 3 years. In fact, many utilities have had rate decreases.

    2. Re:Big Oil wins by riverat1 · · Score: 1

      Or maybe he's in Georgia where the utilities are already charging their customers for the 2 new nuclear reactors they're building at Vogtle.

  13. Politicians and Well-Connected Donors Win by EmagGeek · · Score: 1

    That's who wins. Every time. No matter what regulators do, that's who wins.

    1. Re:Politicians and Well-Connected Donors Win by Anonymous Coward · · Score: 0

      And taxpayers, ratepayers, income earners, working folk all lose.

    2. Re:Politicians and Well-Connected Donors Win by Bing+Tsher+E · · Score: 1

      Believe me, regulators aren't just along for the ride.

      They might deeply and sincerely believe they are doing 'the good work' but they collect their fat government paychecks. File those forms in triplicate, please, and don't forget that Form 349-N is due by next Wednesday.

  14. Sad but true by Anonymous Coward · · Score: 1

    If even a fraction of the money spent subsidizing the nuclear and fossil fuel industries had been spent developing renewables and storage technology imagine where we would be now

  15. better than the burden by publiclurker · · Score: 0

    of burying everyone because some company decided to cut a few corners in order to get a bigger bonus.

  16. Nuclear power loses? by Anonymous Coward · · Score: 2, Insightful

    The rule change doesn't help (or hurt) nuclear power and so therefore nuclear power loses? That's an interesting line of reasoning. I suppose FIFA, dirigibles, and panda bears are also losers in this rule change too, then.

    1. Re:Nuclear power loses? by stomv · · Score: 1

      Indeed. Existing nuclear wins because the metric EPA is using for compliance includes a portion of MWh generated by existing nuclear in the denominator (something like 5%). Therefore, keeping existing nuclear online will help states comply with 111(d). Existing nuclear is a winner under 111(d) -- including the nuclear units under construction in GA, SC, and TN.

      New nuclear? New nuclear will never win. It's simply can't hold a candle to PV and wind in an unsubsidized market. New wind is cheap enough now, and new PV trending that way that it's not worth the tremendous risk associated with a long, large, non-scalable, expensive construction project.

    2. Re:Nuclear power loses? by Bing+Tsher+E · · Score: 1

      Where does this 'unsubsidized market' in PV and wind exist?

      I mean, be real. Where??

    3. Re:Nuclear power loses? by careysub · · Score: 1

      Where does this 'unsubsidized market' in PV and wind exist?

      I mean, be real. Where??

      If meant to be some sort of refutation, this is a non-sequitur. The unsubsized cost of renewables is easily calculated by simply removing the subsidy from the calculation, just as the cost for nuclear must be based on calculations of planned plant costs. When you do these calculations new nuclear is the most expensive form of energy due to its inherent high capital cost.

      --
      Starships were meant to fly, Hands up and touch the sky - Nicky Minaj
  17. As long as coal is still allowed to be used... by Anonymous Coward · · Score: 0

    that proves the Republicans rule over us 100% and control every part of our lives. It should be banned, the people that mine it should be put in prison, and its use should be punishable by time in prison. That is the only reasonable way to treat coal. It is the biggest killer in the history of mankind. The Republicans are responsible for the 200+ million people it killed last year.

    1. Re:As long as coal is still allowed to be used... by Anonymous Coward · · Score: 0

      You know that most of the coal mining states are traditionally Democrats, right?

      Also you know that there are other purposes for coal other than fuel right? Perhaps you've heard of this stuff called metallurgical coal?

      But whatever, you are sucking so hard on the exhaust of John Kerry's anus to realize that both parties are fucking us over and you are falling for their game. Good job, asshat.

    2. Re:As long as coal is still allowed to be used... by Anonymous Coward · · Score: 0

      It must be nice to live in mommy and daddy's house where you don't have to pay the electric bill.

      Hey, fucktard! Yeah, I'm talking to you. I'm going to go racing this weekend. I'll do a few extra burn-outs just to throw more CO2 in the air just for you. I can feel the atmosphere getting warm already. YESSSsss, sizzle bitch!

  18. For fuck's sake, how does this get a 5, Insightful by stomv · · Score: 3, Informative

    > I think you can be sure no matter how this plays out, power is going to be more expensive.

    No, you can't be sure of that. Wind power in the central portion of the country is cheaper than coal now. PV is cheaper than market power in the Southwest and the Northeast now. Many coal plants in tUSA are 50+ years old -- they're going to retire soon one way or another. And, not for nothing, wholesale electric power is cheaper now than it was five years ago due to cheap natural gas (and, by the way, switching from coal to gas helps comply with 111(d) and saves money).

    > if the coal-fired plants are removed from the equation before replacement sources of power are in place, there will be power shortage

    If my aunt had nuts, she'd be my uncle. There's absolutely no chance that 111(d) will result in reliability performance below the industry standard 1-day-in-10-years. Just won't happen. Retiring a unit requires years of planning. Google "integrated resource plan IRP" for your favorite utility and hunker down to a ~120 page report, produced every 3-5 years, laying out the company's plan, including projected retirements, new units, new transmission, etc.

    111(d) doesn't require any coal plants to retire. It requires our fraction of electricity generated from coal to be reduced. The coal plants can still be "plugged in" and operated during times of peak load (weekday summer afternoons and winter mornings); what they can't do is operate much the rest of the time. Instead, a combination of new energy efficiency measures, new renewable energy production, more frequent operating of combined cycle natural gas generators, and squeezing even more MWh out of existing nuclear units through uprates or reduced downtimes will be the way states will comply with 111(d).

    Seriously slashdot. Pithy remarks more frequently display ignorance than insightfulness.

  19. Peak? by stomv · · Score: 3, Interesting

    Peak demand isn't as close to daylight as you might expect in the South. In fact, many systems are winter peaking (central Florida and Appalachia come to mind). Those systems peak winter 7-10am. Sure, the sun is just starting to come up, but PV isn't going to have a significant impact on that peak. Similarly, peak is 3-6pm. PV produces it's best power at high noon. As more PV comes on the system, the "net"-peak will push to 4-7pm, then 5-8pm. Again, solar contributes to meeting some of that peak, but depending on geography it isn't always going to align as well as you might think, including in the south.

  20. Not true - coal not "losing" by WillAffleckUW · · Score: 1

    I see you're new to how this works.

    Coal is heavily subsidized, both in extraction and in land lease conditions.

    In addition costs of pollution are rarely if ever borne by the miners or shippers.

    The only thing that is being changed is the conditions under which Power Plants burn coal.

    Water scrubbing has been used since (forever) to remove pollutants, including acidic CO2 and SO2 from coal but is rarely used for existing plants, and never for coal exported overseas. I used to clean the scrubbers from Tek Cominco stacks that basically operate the same way, in my first adult job.

    After these minor adjustments, coal will continue to be heavily subsidized at all other levels of production and distribution, just not as much at usage.

    Which will still make it artificially cheaper than wind, but not artificially cheaper than already cheap solar. Passive solar today is cheaper for heating/cooling in the US, and is near coal costs in active solar for certain applications.

    --
    -- Tigger warning: This post may contain tiggers! --
  21. Re:At least Coal loses by Immerman · · Score: 1

    The next challenge will be natural gas - it's a decent improvement over coal on paper, but only if leakage is kept to a minimum, and the evidence right now is that NG leakage is high enough that it's forcing global warming faster than te extra CO2 from coal would be doing. But at least the environmental damage is hidden deep underground in contaminated water supplies.

    --
    --- Most topics have many sides worth arguing, allow me to take one opposite you.
  22. As soon as you add in industry by dbIII · · Score: 1

    As soon as you consider places where there is industry consuming electricity instead of merely residential usage then you get plenty of consumption in full daylight. Slicing the top off that big daytime peak has resulted in a couple of coal fired units being mothballed near me and some expensive to operate gas turbines having a lot less running time.

  23. Who wins? by Anonymous Coward · · Score: 0

    Everyone who likes to breathe normally and walk to work instead of swim, that's who wins.

  24. And monopolies suck money out of people by dbIII · · Score: 1

    its because your electric company is spending lots of money on existing coal plants

    There's more. The current trick in some parts of the world is spend a lot of money on "poles and wires" (they used this dumbed down term for infrastructure in general even when major parts of the cost are substations) with no oversight whether it is needed or not and charge that on to the consumer. For example in Australia there has been a lot built rapidly despite declining consumption which has led to a major gap between some of the lowest generating costs in the world and close to the highest bill per kW/h for consumers in the world.

    is spending lots of money on existing coal plants so they emit less SO2, NOx, PM, and Hg.

    Hang on - wasn't most of that done in the 80s and 90s? I thought I saw the tail end of precipitators, bag filters etc going in when I went into the electricity generating industry in 1994, and only holdouts like China did without.

    1. Re:And monopolies suck money out of people by BeaverCleaver · · Score: 1

      And then our new prime minister can point to the high electricity bills and say "See? It's the result of carbon pricing! Let's dismantle carbon pricing! Let's allow the energy monopoly to do whatever they want!"

    2. Re:And monopolies suck money out of people by dbIII · · Score: 1

      It pisses me off immensely despite my wages coming in part from that energy monopoly.

  25. Re:For fuck's sake, how does this get a 5, Insight by Anonymous Coward · · Score: 0

    You express way too much faith in politicians. Your responses are technically sound, but fail the classic "great idea checklist" that slashdot comments used to post routinely.

  26. Who wins? by Trailer+Trash · · Score: 1

    Rich campaign donors who bought this. Is that even a serious question?

  27. some hours of some days by raymorris · · Score: 2, Interesting

    > in Southern states where peak demand is during daylight hours.

    Specifically, 11AM-2PM. Human eyes see brightness log(n), so we don't realize that the sunshine is a hundred times brighter at some times than at others. It would suck if noon appeared to be a hundred times as bright as morning, so our eyes compress the difference. Solar panels DO notice that, and don't produce much at all during what we call daylight 7AM-10AM and 3PM-8PM. Same with cloudy days. What looks to be a little bit less bright is actually FAR less energy.

    So what you end up with is "southern states, for a few hours per day while everyone is at work, on sunny days". Peak usage in most cases when people get home from work, turn on the TV and start cooking dinner. At that time, there's no solar available. Also in the morning when everyone is rushing around blow-drying their hair, microwaving breakfast, etc. Solar is AWESOME in theory, at first glance. Beyond that first glance, looking at the details, it starts to look like we've wasted a few billion dollars that could have saved about 200 million hungry people.

  28. Source: Bulletin of the Atomic Scientists... by Anonymous Coward · · Score: 0

    The Bulletin of the Atomic "Scientists" has a well known anti-nuclear agenda, and is shameless in their intellectual dishonesty. Slashdot ought to provide the [hostname] for links in stories as it does in comments. As for the story quote...

    Assuming that states generally adhere to the prime directive of public utility resource acquisition—choosing the lowest-cost approach—the proposed rule will not alter the dismal prospects of nuclear power...

    Nuclear is the lowest cost approach, and newer technologies have the potential to be much cheaper and even safer. The cost of nuclear in the US is artificially inflated by anti-nuclear policy and endless litigation, often instigated by groups such as this one. Through a concerted and continuing effort, they have succeeded in increasing the cost of nuclear, though historically it has been very economical and continues to be in other parts of the world.

  29. Just like in War Games.. by TimOBrien8837 · · Score: 1

    No matter who wins, WE all lose...

  30. This looks a lot like the early ACA positioning. by hey! · · Score: 1

    When Obama first proposed Obamacare, he didn't jump in with specifics; he just laid out some high level guidelines and let the Democratically controlled Congress hash out the details. This was politically costly, because in the absence of specifics all kinds of claims were made about what was allegedly in the program, like "death panels". The house ended up passing something that looked like the plan Heritage Foundation put together for Bob Dole in the 90s. This was essentially the least they could do that met Obama's specifications for health care reform, and the long period over which it was impossible to defend because it had no concrete form cost Democrats control of the House.

    This plan looks an awful lot like that. Broad goals, but implementation details kicked down the road and downstairs (in this case to the states). The one specific detail that's being talked about is a 30% reduction in emissions from coal in 26 years -- and even that's not very specific. The total CO2 emissions associated with mining, transporting and burning coal is at present about twice that of natural gas. It's possible that coal will be mined at even a higher rate than today if the industry develops more efficient ways to use it. Twenty-six years is a long time in technology.

    In any case it's kind of a no-brainer that you can't allow coal emissions to grow in proportion to how the country's economy will grow in 30 years; not if you want to reduce pollution. It's the dirtiest fuel we use across the board, not just in terms of CO2.

    But however you slice it, this is a very abstract plan that won't be translated into any kind of concrete action until long after Obama is out of office, if ever. The only thing that's close to certain is that it'll create a lot of political turmoil.

    --
    Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
  31. Re:For fuck's sake, how does this get a 5, Insight by Enigma2175 · · Score: 4, Informative

    The coal plants can still be "plugged in" and operated during times of peak load (weekday summer afternoons and winter mornings); what they can't do is operate much the rest of the time.

    The problem with this is that coal plants can't operate this way. A typical coal plant takes 4-8 hours to reach full power from a warm start and can take 24 hours to cold start. This is why we currently use them for baseload power and use other sources (mostly natural gas and hydro) for load following.

    --

    Enigma

  32. Re:For fuck's sake, how does this get a 5, Insight by tragedy · · Score: 1

    The problem with this is that coal plants can't operate this way.

    We've had weather prediction down well enough for the last century or so to be able to handle that kind of lead time. The bigger problem is the cost of maintaining a coal plant for such infrequent use.

  33. fracking wins, right? by doom · · Score: 2

    Isn't it obvious that in the near-term, fracking wins?

    Let us hope that the methane it leaks doesn't do more damage than the carbon emissions it saves.

  34. Most people did not pay attention in 2009 when by Anonymous Coward · · Score: 0

    Obama crony George Soros went on a rather interesting buying spree.... He invested heavily along three basic themes:

    1. "Green Energy" firms within the USA - he bought into a dozen of these firms which then got handouts of $11 BILLION from the federal govt for "green energy"

    2. Firms whose value would rise IF coal was de-valued. (cha-ching! Obama's making this one pay-off for the resident proud Hitler-era NAZI collaborator)

    3. Fossil-fuel-based energy firms in the BRIC countries. The emissions rules being slapped onto western economies by their own gullible elites would have no direct negative effects in the BRICs, and actually have positive side-effects as the BRIC economies would automatically be made relatively more-productive (by the artificially-imposed inefficiencies in the non-BRICs Soros was pushing in Europe and the USA) Oh, and his Brazillian oil investment REALLY paid-off when the Obama admin pumped US tax dollars into its offshore deep-water oild drilling efforts while suppressing off-shore leases for US firms in the Gulf.

    Soros bought lots of stuff that would benefit NOT from natural economic activity but rather from political interventions... and he poured lots of money into "progressive" news outlets and web sites to support the Obama agenda that he was betting on. Soros pours his money into these outlets via his "Open Society Institute" and the "Tides Foundation" which in-turn fund everybody from "MoveOn" to the quasi-religious "Sojourners"... EIGHT TIMES as much on 501c organizations as the Koch brothers. This has paid-off handsomely... why leave your "return on investment" to the "whims of the market" when you can put a jack-boot on the scale?

  35. hmm, double-reply by drinkypoo · · Score: 1

    Hmm, I just thought of a better rebuttal to your statement, actually.

    The people proposing that we continue depleting the environment are the ones proposing sweeping changes, for the viability of life on this planet. Or, you know, so says science. Ignore it at your peril — the peril of looking like a dbag.

    Fucking A slashdot, how will this comment improve by making me wait to submit it? I have figured out what is wrong with slashdot, the people running it are incapable of more than one act of insight per two minutes.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  36. Re:For fuck's sake, how does this get a 5, Insight by careysub · · Score: 1

    The coal plants can still be "plugged in" and operated during times of peak load (weekday summer afternoons and winter mornings); what they can't do is operate much the rest of the time.

    The problem with this is that coal plants can't operate this way. A typical coal plant takes 4-8 hours to reach full power from a warm start and can take 24 hours to cold start. This is why we currently use them for baseload power and use other sources (mostly natural gas and hydro) for load following.

    Stormv's argument was flawed, but it was unnecessary also. Coal has never been able to do load following, so other technologies were always required. Mothballed coal plants CAN be used as spare capacity when other generators are taken for maintenance or due to accident, with the same argument - they aren't operating all the time. This still reduces infrastructure, and thus overall, cost since otherwise spare (but unused) capacity must be built.

    --
    Starships were meant to fly, Hands up and touch the sky - Nicky Minaj
  37. Nuclear by Anonymous Coward · · Score: 0

    Once energy costs skyrocket once government basically bans cheap energy, people will have to turn to nuclear. Can't get any more Hydro power, Wind and solar can't make much power, natural gas can only do so much.

    So until the Democrats get thrown out of office, energy prices till keep going up. But people will turn to nuclear eventually, can't live without some risks despite what government thinks.

  38. Ahh, the moderators got upset by drinkypoo · · Score: 1

    Follow me around and mod me down, so that you can't use up your mod points on someone who doesn't have an inexhaustible fount of karma. (They used to be called a clue.)

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  39. Re: WTF? "carbon pollution standards" by Anonymous Coward · · Score: 0

    Check out the new 2014 NAT geo maps. Biggest change since the Soviet Union broke up.

  40. Re:This looks a lot like the early ACA positioning by Sarius64 · · Score: 1

    But... Kos says there's death panels for Black people! Death Panels actually do exist... if you're Black....

  41. Neeto, I like the idea of using lead by Marrow · · Score: 1

    Shielded by its own coolant. And its visible and detectable. It makes you wonder why sodium was ever considered? Certainly, they must have tossed the two up in the air, and sodium was chosen despite its evilness. Do you know why?

  42. For fuck's sake, how does this get a 5, Insightful by Anonymous Coward · · Score: 0

    You are a fool and a liar. Plain and simple...this will be more costly, will hurt the economy, and will provide less reliable power. Why do you think otherwise? Because the DOE says so? Take your head out of your ass and look around at the real world fucktard

  43. Re:For fuck's sake, how does this get a 5, Insight by khallow · · Score: 1

    Actually modern coal burning plants can do load following. For example, your 4 hours to reach full power from a warm start is an example.