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Fossil Fuels Could Be Phased Out Worldwide In a Decade, Says Study (phys.org)

James Hakner, writing for Phys.org: The worldwide reliance on burning fossil fuels to create energy could be phased out in a decade, according to an article published by a major energy think tank in the UK. Professor Benjamin Sovacool, Director of the Sussex Energy Group at the University of Sussex, believes that the next great energy revolution could take place in a fraction of the time of major changes in the past. But it would take a collaborative, interdisciplinary, multi-scalar effort to get there, he warns. And that effort must learn from the trials and tribulations from previous energy systems and technology transitions. In a paper published in the peer-reviewed journal Energy Research & Social Science, Professor Sovacool analyses energy transitions throughout history and argues that only looking towards the past can often paint an overly bleak and unnecessary picture. Moving from wood to coal in Europe, for example, took between 96 and 160 years, whereas electricity took 47 to 69 years to enter into mainstream use. But this time the future could be different, he says -- the scarcity of resources, the threat of climate change and vastly improved technological learning and innovation could greatly accelerate a global shift to a cleaner energy future.There's no doubt that we will soon reach a point wherein solar and wind will be readily available and feasible to the vast majority but, the decade timeframe feels like a stretch. We must acknowledge the financial and political challenges that we face today. Private and government-backed companies have invested billions of dollars into plants that turn fossil fuels into electricity. Ditching these plants means losing a lot of capital and owing investors with plenty of explanations. There are several forces at play here.

443 comments

  1. hah by Anonymous Coward · · Score: 1

    not if China has anything to say about it

    1. Re:hah by MightyMartian · · Score: 1

      China is investing heavily in renewables as well.

      The world is changing whether people who own fossil fuel stocks like it or not.

      --
      The world's burning. Moped Jesus spotted on I50. Details at 11.
    2. Re:hah by AchilleTalon · · Score: 2, Informative

      Not actually renewables, they will build 40 nuclear reactors within the next five years.

      --
      Achille Talon
      Hop!
    3. Re:hah by Anonymous Coward · · Score: 0

      Nuclear fuel will last longer than most solar/wind generators will last in heavy usage.

    4. Re:hah by lgw · · Score: 1

      Fission fuel is as renewable as fusion fuel, and all power is ultimately fusion power stored or transformed in some way.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    5. Re:hah by OrangeTide · · Score: 1

      theoretically a nuclear reactor can continue to run after our Sun has died.

      --
      “Common sense is not so common.” — Voltaire
    6. Re:hah by mspohr · · Score: 2

      China's coal use has declined for the past several years. This is a deliberate policy.

      --
      I don't read your sig. Why are you reading mine?
    7. Re:hah by Immerman · · Score: 3, Informative

      What? No. Fissionable elements are only produced in appreciable amounts in supernovae, where they store only an infinitesimal fraction of the energy released, and we're pretty much stuck with the amount that was originally incorporated into the Earth's mass at conception(minus decay losses, plus the occasional tiny layer deposited by nearby supernovae). All the easily-fissionable elements in the Earth's crust (thorium, uranium, etc.) combined would provide only a few centuries to, at most, a few millenia of power at current energy consumption levels. (Uranium alone would only provide power for a few decades with current technology) After that there's no more fuel (yes, we could perhaps learn to mine the planet's molten core, as well as the rest of the solar system, but still, once used up, it's gone)

      Fusion is no more renewable in principle, but there's many orders of magnitude more fusion fuel available - somewhere north of 99% of the mass of our entire solar system for starters, though somewhat dramatically less on Earth itself. Still at least a few orders of magnitude more total energy worth available planetside though.

      And yes, most energy sources do ultimately originate from fusion, tidal, aka gravitational, being the exception (orbiting masses would presumably still exist even if fusion were impossible in our universe) , but the question for renewabilty is whether a power source can be depleted by usage. Biofuels, wind, or other forms of solar power cannot - the energy they harness is being released regardless of our usage rate, the only question is whether or not we choose to harness it. It's unlikely that anything we can do will have an appreciable effect on the rate of energy being consumed by our sun, at least not unless/until we discover some new laws of physics, or manage to harness an substantial fraction of its total output.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    8. Re:hah by Immerman · · Score: 1

      So can a gasoline engine, and a bicycle - what does that have to do with anything?

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    9. Re:hah by lgw · · Score: 1

      What? No.

      Exactly. The sun (and thus wind and etc) is not a renewable resource. Both it and fissionables are leftovers from supernovae of the past. Both will run out eventually, but neither will run out fast enough to matter to humans, nor will oil. Technology moves faster than fuel runs out.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    10. Re:hah by Anonymous Coward · · Score: 0

      Technically correct, but if you include the sun then there is no such thing as a renewable resource anywhere.

    11. Re:hah by FlyHelicopters · · Score: 1

      China is investing heavily in renewables as well.

      Yes of course, their energy needs are growing and they don't want it all coming from coal.

      China has a huge pollution problem, but don't confuse heavy renewable investment with dropping of existing power options.

      The world is changing whether people who own fossil fuel stocks like it or not.

      It isn't changing as fast as it needs to, and not nearly as fast as you'd wish it was.

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

      Read the last paragraph, einstein.

    13. Re:hah by FlyHelicopters · · Score: 1

      China's coal use has declined for the past several years. This is a deliberate policy.

      It has? All the info I see on the Internet says otherwise...

      Last year was a dip due to coking coal reductions because of the drop in steel prices.

      In any case, the idea that this will change by a lot in our lifetimes is laughable...

    14. Re: hah by Anonymous Coward · · Score: 0

      you cannot do anything without energy, not even keeping track of money.
      it stands to reason that energy sources dictate "cost".
      moving from one entrenched and "powerful" energy source to another will be fought, fairly and unfairly.
      as it stands today, the new "infinite" electricity sources like wind, solar, tidal etc, are created with the entrenched energy sources.
      buidling more "infinity" energy sources is like digging a crave, murdering and then dumping the dead body.

      the problem is that the dead body in the grave doesnt generate "cash-flow" anymore.

      every barrel of oil destroyed, every cubic meter of gas and coal oxydized and every uranium atom zippered into a near endless transmuting chain of poison doesn't generate a entry in the global money system.

      we can keep our energy reliant life-style with "infinity sources" but the financial money market cannot work with a "free" and "infinite" source.

      energy is the new gold.

      it doesnt work, not because of technology, but because of finances. and thats sad. the planet has to die because of a belief

    15. Re:hah by mspohr · · Score: 1

      You seem to think you know about this internet thingy but you could just try this thing call Google. It's amazing what it can find:
      http://www.theguardian.com/env...
      http://www.nytimes.com/2016/03...
      BEIJING — China has released new statistics indicating that it used less coal last year than in 2014, lending support to the view that the country, the world’s largest emitter of carbon dioxide, may have reached a peak in coal consumption.

      That would be a boon for global efforts to limit climate change, since industrial coal burning is the primary source of greenhouse gases. The new data, released on Monday by the National Bureau of Statistics, said coal consumption had fallen 3.7 percent in 2015 compared with the previous year. It was the second straight year of decline, according to the bureau, which said coal use had dropped 2.9 percent in 2014.
      Coal use fell 3.7% in 2015, following 2.9% drop in 2014, as China tries to wean itself off fuel that causes local air pollution problems and global warming

      --
      I don't read your sig. Why are you reading mine?
    16. Re:hah by Mashiki · · Score: 1

      Sure explains why China is buying up all the coal mines it can, and so is Japan, even S.Korea then. Well...no it actually doesn't, if anything it says that there is more to this then your articles are saying, my gut says that they'll use coal power to offset other production methods as needed.

      --
      Om, nomnomnom...
    17. Re:hah by AutodidactLabrat · · Score: 1

      Oh, for crying out loud
      Fission is dead after the next major catastrophe.
      And do you think there will not be one?

    18. Re: hah by mspohr · · Score: 2

      You should try thinking with your brain, not your gut. In end,what comes out of your gut is just crap.

      --
      I don't read your sig. Why are you reading mine?
    19. Re:hah by Immerman · · Score: 1

      Fissionable absolutely will run out fast enough to be relevant to humans, as will oil, coal, etc. Maybe not fast enough to matter to anyone alive today, but humans have been around in basically their current form for many tens of thousands of years, and as recognizably human for maybe a million. If we can avoid wiping ourselves out, we should still be going strong in more-or-less our current form in a mere thousand years.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    20. Re:hah by dbIII · · Score: 1

      The world coal price and a pile of other things confirms it.
      While it may be due to temporary economic factors or who knows what the current reality is that China is both importing less coal and digging less of the stuff up. Next year - who knows - but the GP is correct. Take it from someone who's job depends on coal and oil production and exploration.

    21. Re:hah by FlyHelicopters · · Score: 1

      The world coal price and a pile of other things confirms it.

      Keep in mind the world price for oil is quite low as well, that doesn't mean it is history in a few years. :)

      Supply and demand are major things...

    22. Re:hah by jblues · · Score: 1

      Aren't plastics and other useful materials made from coal? You can do more than just burn it.

      --
      If it acquires resources on instantiation like a duck, then its a shared_ptr<Duck>
    23. Re:hah by Anonymous Coward · · Score: 0

      Fission will die when practical Fusion replaces it (or renewables get a massively overwhelming breakthrough that I don't anticipate happens first), not before.

    24. Re:hah by Anonymous Coward · · Score: 0

      > Aren't plastics and other useful materials made from coal?

      Nope.

    25. Re:hah by K.+S.+Kyosuke · · Score: 1

      they will build 40 nuclear reactors within the next five years.

      ...or so they say. They actually did build 15 GW of PV capacity in 2015 and 30 GW of wind capacity. Not sure about new hydro in 2015 but they added 20+ GW in 2014. They added 5.7 GW of nuclear in 2015, out of 146 GW of total new capacity.

      --
      Ezekiel 23:20
    26. Re:hah by K.+S.+Kyosuke · · Score: 1

      Well, it's technically renewable in the sense that future explosions will create more of it, but the more interesting thing is that we can actually keep using the fuel for thousands of years even if there were no more reserves to be found. Of course we'd have to breed it, but it can be done. On a human time scale, it's as plentiful as any renewable resource. (Unless you cover 20% of the planet with solar panels, in which case 1) you'd have almost unimaginable amounts of power, beyond any currently utilized resourse, and 2) it would be very cool, obviously.)

      --
      Ezekiel 23:20
    27. Re:hah by lgw · · Score: 1

      We didn't leave the stone age because we ran out of rocks. We won't deplete oil, could, or fissionables, because alternatives will become economically better this century. Better batteries lets solar become practical at scale for home and transportation use, and Musk is showing that current battery tech might already be there (and solar scales indefinitely). Industrial needs are a harder problem, but fusion will eventually be figured out.

      "Renewable" is just a scare tactic used by people who want more power for central planning, rather than just letting freedom take its course.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    28. Re:hah by Immerman · · Score: 1

      >"Renewable" is just a scare tactic used by people who want more power for central planning

      Not necessarily - the current fossil-fuel centric economy is supported by massive government "subsidies" aimed at keeping the prices artificially low - including less obvius things like environmental damage waivers (frackers are explicitly held non-liable for aquifer and other damage they cause under US law) and a possible majority of US military actions over the last half-century. Switching to renewables could easily be accelerated by *removing* such government favoritism. Unfortunately, that means going up directly against vested interests with massive lobbying infrastructure. As a result, the more politically expedient approach is to attempt to secure a similar level of subsidies for renewables - there's less dramatic resistance to long-term profitability losses than to immediate losses of subsidies.

      As for your first point - the problem is less that we're in danger of running out of fossil fuels - coal alone could service the global energy demand for a good century or so. The problem is that releasing that much geologically sequestered carbon is going to have devastating environmentally-related financial costs that are NOT being reflected in the immediate market costs - a classic tragedy of the commons situation. Something like an unavoidable flat-rate carbon tax on all fossil fuels, designed to offset the expected long-term costs, would go a long way to removing that huge market externality, but of course the fossil fuel industry is vehemently opposed to paying for the costs their industry imposes on society, and they have the lobbyists to bribe their way into maintaining the status quo.

      Of course, such a fossil-energy tax could have a serious chilling effect on our economy, but that could be greatly offset by having the tax immediately rebated to consumers - even a straightforward uniform distribution of revenue to the populace would mean that the average person would see no net change in the financial burden of their energy costs (direct or indirect), but *everyone* would have financial incentive to move to less environmentally costly energy sources.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    29. Re:hah by lgw · · Score: 1

      carbon is going to have devastating environmentally-related financial costs

      Sorry, I don't share your religion; I don't believe some Earth Goddess will punish you for your sin of carbon emission.

      My entire life I've heard one excuse after another for taking away people freedom to buy what they want in favor of some central planning committee. This is just the latest in a lifetime of lies, as far as I'm concerned. The last 50 excuses were lies, so I'm not even bothering with this latest one, no matter how people insist "no, really, it's a wolf this time".

      such a fossil-energy tax could have a serious chilling effect on our economy, but that could be greatly offset by having the tax immediately rebated to consumers - even a straightforward uniform distribution of revenue to the populace

      Communism and central planning committees, you say? This is my surprised face.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    30. Re:hah by toddestan · · Score: 1

      By that time, most of the good fissionable fuels will have decayed on their own, assuming of course we don't use them up first. Should still be plenty of hydrogen around though.

    31. Re: hah by Anonymous Coward · · Score: 0

      That's petrochemicals not coal chemicals. LOL. I expected more from you slashdotters. You failed me and yourselves. Your ignorant discussions about things you cannot comprehend are foolish. Stick to OS and hard drive media, etc. I might listen to your debate of Microsoft vs. Linux vs. Apple but not much more...

    32. Re:hah by Immerman · · Score: 1

      Well hey, if you want to ignore the consensus of pretty much every scientist on the planet, (*including* those hired directly by Exxon for their internal-only information), there's not much more to say. I'm sure it's all a vast conspiracy, thank goodness for the PR campaigns from the fossil fuel industry, *they* have no reason to lie to you.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    33. Re:hah by Anonymous Coward · · Score: 0

      > alternatives will become economically better this century
      > fusion will eventually be figured out

      Possibly. But it's a really bad idea to plan for the future based on what might happen. You have to assume that things will continue the way they are, and project the consequences of that.

      > "Renewable" is just a scare tactic used by people who want more power for central planning

      Whatever your conspiracy theory tells you, fine. I see it as a message that the responsibile thing would be to try to live on our solar income and stop burning through our fossil fuel "trust fund."

    34. Re: hah by s4m7 · · Score: 1

      no really, it's a wolf this time

      You do realize that the ending of the story was that there really was a wolf, and the flock got eaten, right?

      --
      This comment is fully compliant with RFC 527.
    35. Re: hah by Mashiki · · Score: 1

      You should try thinking with your brain, not your gut. In end,what comes out of your gut is just crap.

      Says the who misses opportunities because their unable to subconsciously grasp something.

      --
      Om, nomnomnom...
    36. Re:hah by lgw · · Score: 1

      Possibly. But it's a really bad idea to plan for the future based on what might happen. You have to assume that things will continue the way they are, and project the consequences of that.

      I can tell which one of us has ever invested in commodities. Nothing ever continues the way it is. Life just isn't like that.

      I see it as a message that the responsibile thing would be to try to live on our solar income and stop burning through our fossil fuel "trust fund."

      Feel free to lower your on standard of living if you gain net happiness from that. That's what freedom is for. But if you try to use the power of the state to force other to lower their standard of living because that would make you happy, well, expect resistance.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    37. Re: hah by lgw · · Score: 1

      No, the wolf ate the boy, which was the point of it all (did you hear some softened version?). Imagining that a whole flock would fit in a wolf is a stretch even by fairy tale standards.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    38. Re:hah by Anonymous Coward · · Score: 0

      Ah, so you're one of Cheney's "the American way of life is not negotiable" types?

      Obviously America is entitled to maintain its current standard of living at the expense of the developing world, because, well.. AMERICA!

    39. Re: hah by Anonymous Coward · · Score: 0

      Well, in the Grimm version of Little Red Riding Hood, the woodcutter cuts the wolf open with his axe, and Granny and Li'l Red emerge unharmed - so a wolf can swallow at least two people whole, by fairy tale standards! :)

    40. Re: hah by RespekMyAthorati · · Score: 1

      That is the point. Whether you cry "wolf" or don't, you still get eaten if you don't plan ahead.

  2. Not a good idea by Anonymous Coward · · Score: 0, Insightful

    The rush to wind and solar does not work in a great deal of circumstances. To force it on people is wrong. The green weenies have turned this crusade into a religion. The amount of people who will be out of work is staggering. There is no sense in rushing this until the technologies to replace it are not anywhere near beta. So often, the green weenies like to roll out stuff like this before it's fully ready. This is akin to putting the wings on the plane as it's taking off.

    Until the replacement technologies have years of study and years of proven reliability they should not be deployed.

    1. Re:Not a good idea by Anonymous Coward · · Score: 0

      Whatever, grandad. You sound like Big Coal did in 1867 when oil was discovered.

    2. Re:Not a good idea by Anonymous Coward · · Score: 0

      > years of proven reliability they should not be deployed.
      done.

    3. Re: Not a good idea by johnsmithperson123 · · Score: 0

      What is the really effective solution, that works all the time, is nuclear. By increasing to 1000% of current plants we could run the whole world on nuclear (only a few thousand plants, actually.) Minus hydro of course. And doing that would make nuclear cheaper as well.

    4. Re: Not a good idea by AmiMoJo · · Score: 2, Insightful

      We can't run the whole world on nuclear because we don't trust much of the world to have it. Do you want Iran to build enough reactors to meet its energy needs? And Palestine? North Korea?

      Also, how are you going to get every country up to scratch on nuclear safety and security? Even if they don't use it for weapons, can they run it without serious accidents indefinitely?

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    5. Re: Not a good idea by Anonymous Coward · · Score: 0

      And when just ONE of those thousand plants breaks, millions of people DIE.

      Please educate yourself and think about what you're writing before you post next time.

    6. Re: Not a good idea by Anonymous Coward · · Score: 1

      Compared to the runaway greenhouse effect of coal and oil killing EVERYONE but on a longer time period?

      Please educate yourself and think about what you're writing before you post next time.

    7. Re: Not a good idea by Anonymous Coward · · Score: 1

      Coal is known to kill nearly 100,000 per year so please educate us oh wise one

    8. Re: Not a good idea by MightyMartian · · Score: 1

      Current nuclear technology requires finite resources and is nonrenewable. It would only kick the ball down the road. If you're going to invest in sustainable energy, wind, solar, hydroelectric, geothermal, tidal and so forth are the better long-term investment.

      If and when we develop efficient large-scale fusion technology, that will be different, but simply moving our energy reliance from one non-renewable (fossil fuels) to another (uranium and other radioactive elements) really is not a great leap forward.

      --
      The world's burning. Moped Jesus spotted on I50. Details at 11.
    9. Re: Not a good idea by silas_moeckel · · Score: 3, Insightful

      We have have 3 major nuclear incidents in none of them have millions died. There is a lot of hype and fud, coal kills people ever year it puts more radioactive material into the air etc etc etc and has not killed us all of yet. Look at the ecological devastation of making solar panels, sure you can do it clean but dirty is cheaper.

      Proliferation is an issue, newer designs deal with it pretty well, hell some designs allow for commercial production with marginally more than uranium ore.

      --
      No sir I dont like it.
    10. Re: Not a good idea by Anonymous Coward · · Score: 0

      Sure, nuclear planes and nuclear trains --- that's the solution

    11. Re: Not a good idea by nospam007 · · Score: 2

      "We have have 3 major nuclear incidents in none of them have millions died."

      So why aren't they able to get any insurance company to cover them?

    12. Re: Not a good idea by Anonymous Coward · · Score: 0

      We can't run the whole world on nuclear ......

      We can't run the whole world on solar either, but that doesn't mean it should not play a big role. The only way we get to non-fossil fuel in less that 25 years is with a shitload of nuclear in the mix.

    13. Re:Not a good idea by Attila+Dimedici · · Score: 1

      Except that in 1867, no one was trying to FORCE people to stop using coal. To the extent that people stopped using coal (which really only happened in the 20th century), they did so because oil, natural gas, and their derivatives were a better solution.
      However, for the most part, oil (and derivatives) was used for things which had not been done before because coal was a completely unsuitable fuel for those things.

      --
      The truth is that all men having power ought to be mistrusted. James Madison
    14. Re: Not a good idea by lgw · · Score: 1

      Current nuclear technology requires finite resources and is nonrenewable.

      The same is true of fusion (e.g. solar) power. Everything is non-renewable. It's a nonsense comment. Technology moves faster than we run out of fuels.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    15. Re: Not a good idea by Deadstick · · Score: 2
    16. Re: Not a good idea by pixelpusher220 · · Score: 1

      Nuclear is a terrible idea. It is, however, the only choice we have for the next 50ish years for non CO2 releasing true baseload power. Even then though, perhaps having more peaking gas plants might be able to cover that. Not CO2 free but less than coal.

      Renewables can provide orders of magnitude more energy than nuclear or fossil fuels and can do that as of today. What they can't do just yet is store that energy to smooth out it's variable generation scale. Batteries are the next front of massive change.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    17. Re: Not a good idea by Anonymous Coward · · Score: 0

      And when just ONE of those thousand plants breaks, millions of people DIE.

      That there sure iz an educated statemint. Whard ya lernt that?

    18. Re: Not a good idea by pixelpusher220 · · Score: 1

      Both wrong and right in the same post :)

      We don't run anything on solar, it's run on electricity. And yes we can run the entire world on electricity...and for the most part already do. The trick with solar and renewable is energy storage and that isn't there yet but will come in likely a matter of decades.

      But to deal with the CO2 issues, for the next 20-50 years, yes nuclear is the only CO2 free base load source we've got. The problem is by the time you get all those plants constructed, you likely won't need them for more than a decade or two more...which makes that massive investment less than ideal.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    19. Re: Not a good idea by pixelpusher220 · · Score: 2

      Coal WILL cause climate change and massive upheaval. Nuclear *might* when something goes wrong.

      That doesn't make nuclear a GOOD choice by any measure, but it may be the only one we can deal with for the moment.

      What's your solution?

      --
      People in cars cause accidents....accidents in cars cause people :-D
    20. Re: Not a good idea by pixelpusher220 · · Score: 1

      The space shuttle was considered pretty safe...until the Columbia disaster happened pointed out it's massive design flaw.

      Past performance is highly suspect in terms of future results.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    21. Re: Not a good idea by x0ra · · Score: 1

      this has never happened at this scale in the past 60 years of exploitation. I'm pretty sure that the biggest death toll is still Hiroshina & Nagazaki.

    22. Re: Not a good idea by DamonHD · · Score: 1

      Depending on other factors you may regard generation from (a) biomass combustion/AD (b) municipal solid waste combustion/AD (c) sewage combustion/AD (d) non-pumped hydro (e) geographically-dispersed tidal stream (f) tidal ponds as carbon free and demand-callable and/or with storage.

      So nukes are not the only non-intermittent CO2-free generation.

      Also note that the last big nationwide power cut and load shedding (500k users) in the UK was from a nuke plant tripping out, ie nukes are not perfectly demand-callable either.

      And in any case I regard 'baseload' as purely an artefact of how we have become used to running electricity systems...

      Rgds

      Damon

      --
      http://m.earth.org.uk/
    23. Re: Not a good idea by OrangeTide · · Score: 4, Insightful

      Millions of elderly people die from city smog every year. Their old lungs can't take the dirty air and they get pneumonia, fluid build up, and die.

      --
      “Common sense is not so common.” — Voltaire
    24. Re: Not a good idea by OrangeTide · · Score: 1

      Why am I'm not allowed to use electrified rails and battery packs?

      --
      “Common sense is not so common.” — Voltaire
    25. Re: Not a good idea by Mr+D+from+63 · · Score: 4, Interesting

      The space shuttle was considered pretty safe...until the Columbia disaster happened pointed out it's massive design flaw.

      False. The space shuttle was considered quite dangerous, with a 1 in 100 chance of failure originally estimated. When you fly hundreds of missions, a mission failure was likely. It is true that later the chances were revised to even higher a higher chance, but by no means was the shuttle ever considered safe.

    26. Re: Not a good idea by Type44Q · · Score: 1
    27. Re: Not a good idea by Anonymous Coward · · Score: 0

      In 1867, London was experiencing thick fogs that caused multiple deaths, so frankly, maybe it would be better if someone had.

      They did have restrictions on fires for several centuries though, for various reasons.

    28. Re: Not a good idea by pixelpusher220 · · Score: 1
      None your examples can scale unfortunately. they're definitely a piece of a full renewable solution but they can't be the holdover until we get there.

      And in any case I regard 'baseload' as purely an artefact of how we have become used to running electricity systems...

      So you're saying we should go back to 3rd world levels of reliability? Now there's a winning solution!

      --
      People in cars cause accidents....accidents in cars cause people :-D
    29. Re: Not a good idea by pixelpusher220 · · Score: 1

      The point still stands. It wasn't as 'safe' as it was thought to be.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    30. Re: Not a good idea by DamonHD · · Score: 1

      We only have the patterns of use that we do now because it fitted the generators' convenience, eg domestic use was introduced to fill in a lack of other demand out of work hours, and the UK's Economy 7 (and 10) that account for something like 33% of domestic demand still were introduced to soak up the 'baseload' output of nukes IIRC.

      So, having painted ourselves into this corner we should realise that it doesn't have to be this way...

      (Just as a radical thought, as humans are diurnal I'd suggest that at least some of us go back to matching our work hours to daylight hours, rather than working a rigid arbitrary set of hours as now...)

      Rgds

      Damon

      --
      http://m.earth.org.uk/
    31. Re: Not a good idea by pixelpusher220 · · Score: 1

      eg domestic use was introduced to fill in a lack of other demand out of work hours

      So 'domestic' should go without electricity? domestic use fit a need of the industrial revolution...it also massively increased the standard of living. That's a *good* thing by any measure. There are certainly side effects we need to work on mitigating, but you still seem to be saying people shouldn't be using electricity...

      --
      People in cars cause accidents....accidents in cars cause people :-D
    32. Re: Not a good idea by DamonHD · · Score: 1

      I'm saying that demanding power when it isn't easily available is maybe something *all* users, not just domestic, should be doing less of.

      Many many utilities and suppliers already shape demand towards availability and efficiency/cost with, for example, ToU charging.

      Dynamic demand side response, and some societal changes to move/spread demand, such as less rigid working hours, will quite likely help.

      Transport for London already gives me quite a complex set of discounts for avoiding their peak demand times, including on their electrified tubes and surface trains, for example. And not travelling standing with my nose jammed in someone's armpit is good for many reasons beyond cost and shifted electrical demand.

      To make a radically-changed energy system work will require thinking about completely-contingent habits of demand as well as supply, not sitting in the dark and crying.

      Rgds

      Damon

      --
      http://m.earth.org.uk/
    33. Re: Not a good idea by Immerman · · Score: 1

      It's a poor bet with current nuclear technology though - Global uranium reserves are only sufficient to meet global energy demands for a decade or so before being depleted. Efficient seawater extraction could potentially extend that to maybe a century, but we don't really have any idea how to do that, and a decade is unlikely to be enough time to master the technology.

      If we want to go nuclear in a rational manner, then we need to invest in fundamentally new technology - thorium reactors are a likely candidate, known thorium reserves would deliver at least a millenia or two worth of power at current consumption rates - not a permanent solution, but it should buy us plenty of time to develop something better. Fusion likewise has long term potential - we have limited fuel supplies for "easy" D-T fusion, though we could increase that dramatically by fissioning lithium with waste neutrons, at the expense of permanently consuming a very useful elements. More importantly though, we'd be advancing the state of the technology so that we should hopefully be able to advance to more challenging forms of fusion (p-B and eventually maybe even H-H) for which fuel is far more abundant.

      As for solar, and the many derivative sources (wind, biomass, etc) - that energy is being consumed regardless of whether or not we harness it, and will continue to be readily available at roughly constant radiation densities for at least a couple billion years - probably far longer than our species will survive. For all intents and purposes of any creature resembling modern humanity, it's an inexhaustible energy source.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    34. Re: Not a good idea by Immerman · · Score: 1

      Unfortunately, current nuclear technology is only sufficient for a decade or so at current global energy consumption levels - after that we will have exhausted the global uranium supply. If we want to go nuclear we need to invest heavily in developing reactors that can consume thorium and/or non-enriched uranium as their primary fuel. At present we ave only a few model prototypes and lots of grand designs that have never been tested.

      --
      --- Most topics have many sides worth arguing, allow me to take one opposite you.
    35. Re: Not a good idea by lgw · · Score: 1

      It's a poor bet with current nuclear technology though - Global uranium reserves are only sufficient to meet global energy demands for a decade or so before being depleted

      Sure, unless we, you know, actually explore/mine for more uranium (there's no real economic incentive to discover more uranium today, unlike oil where reserves get larger every decade). Or use breeder reactors.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    36. Re: Not a good idea by fyngyrz · · Score: 1

      These are not power sources. They are power transport mechanisms.

      --
      I've fallen off your lawn, and I can't get up.
    37. Re: Not a good idea by pixelpusher220 · · Score: 1

      What you're saying works when you're connected in real time to the power generation systems as we are today. The demand/production curves require active management.

      That won't nearly as significant an issue with renewable sources because a renewable system runs off the energy storage, not the energy production systems. There's an extra layer there smoothing out the differences.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    38. Re: Not a good idea by Anonymous Coward · · Score: 0

      Nuclear Energy Survives Only on the Basis of Faulty Risk Assessment:
      http://www.huffingtonpost.com/...
      http://thebulletin.org/nuclear...

    39. Re: Not a good idea by Kazoo+the+Clown · · Score: 1

      We have have 3 major nuclear incidents in none of them have millions died.

      One-- how many have to die before we consider the risk too high? How do you measure how many die prematurely due to radiation exposure that may take decades and isn't easy to correlate with the actual deaths? How do you measure the adverse impact of long-term waste storage? Your conclusion here is based on an incomplete evaluation of the facts:

      https://en.wikipedia.org/wiki/...

      https://en.wikipedia.org/wiki/...

      You also have to look behind the incidents we know of and see to what extent incompetence played a part in it. Another useful thing to consider is the way incompetence factored into the Challenger disaster-- while not a nuclear incident (though nuclear shuttles have been proposed, and carrying nuclear material to space stations as well), the point is, NASA became overconfident of the safety of their rockets because they hadn't yet had a problem.

      While it may be true that a nuclear plant can theoretically be made safe, there is little evidence that humans WILL, in practice. And a lot of evidence that corners will be cut somewhere putting people at risk.

      You also have to look at what state those three incidents you mention are in now, and how things might have been different if they were to occur at different proximity to habited areas. And, what the effect of sea level rise would be.

      In short, you need to do more homework.

    40. Re: Not a good idea by Anonymous Coward · · Score: 0

      Liability for Nuclear Damage(Updated April 2016)
      Operators of nuclear power plants are liable for any damage caused by them, regardless of fault. They therefore normally take out insurance for third-party liability, and in most countries they are required to do so.

      *** Really!! so private insurers paid for Fukushima then?? err no they didnt..!

      Insurers have suggested that beyond current third party insurance cover and some mutual arrangements such as in the USA, further obligatory catastrophic accident cover of $10-15 billion cover could be provided for a cost of 0.1 to 0.2 cents/kWh. The trigger for this could be above an INES category 5 event or some other definitive measure of a catastrophic accident, such as specified radiation levels, and it would be independent of international conventions described below. It would also however need to define nuclear damage more tightly and not extend to the 30-year period in some conventions for bodily injury, since that would be commercially uninsurable. Premiums would relate to sophistication and intrinsic safety of the technology, e.g. late-generation reactors would be cheaper to insure.* The top five costliest catastrophes to mid-2013 were: $72 billion for Hurricane Katrina, 2005; $35 billion for Tohuku earthquake and tsunami (not nuclear accident), 2011; $30 billion for Hurricane Sandy, 2012; $25 billion for Hurricane Andrew, 1992; and $23 billion for the September 2001 terrorism attacks in USA.

      *** US$40 billion. We're joking right?? The bill for Fukushima will be many multiples of that by time (in 20-30 years) it's all over.
      It bankrupted Tepco, one of the largest companies in Japan, that would happen to any insurance pool too. It cannot be
      insured, simple as that. The government took it over and the bills just keep on coming. They're still piling up contaminated
      water storage with no end in sight. Ice walls? The relocated population is never going back. Nobody wants the food from that area,
      though the government is trying to get it relabelled. It just goes on and on. We can talk about direct deaths, and/or the ridiculous
      cost of Nuclear. But dont just cherry pick what supports one point of view.

      Maybe the real problem, is that we havent seen the 'big' one yet. The one that requires a major metropolis to be evacuated.
      The Trillion dollar one. Where the fuel ponds collapse and the wind is blowing the wrong way, or more likely something
      we dont even know about. Engineers are fallible like anyone else. Mistakes get made.

      The truth in Japan is that Geothermal is the answer, not Nuclear. Just do a little research. 24x7x365 baseload power,
      plentiful in Japan. It's a political issue, not an engineering one.

    41. Re: Not a good idea by KGIII · · Score: 1

      They seem to be one of those people who are inclined to say that people should do as they say and not as they do. They're kvetching about electricity use while wasting electricity to post on Slashdot. Yes, yes they are...

      --
      "So long and thanks for all the fish."
    42. Re: Not a good idea by KGIII · · Score: 1

      Where'd you get that idea?

      --
      "So long and thanks for all the fish."
    43. Re: Not a good idea by KGIII · · Score: 1

      About six months ago, I took a look at the "decade until depletion" numbers that were being tossed around. You're most likely quoting someone else and believe them to be authoritative. I encourage you to actually go look for the numbers and do some math yourself.

      --
      "So long and thanks for all the fish."
    44. Re: Not a good idea by dbIII · · Score: 1

      Keep in mind that such storage systems are incredibly lossy so such a suggestion of buffering all production is not something that can be taken seriously.
      Yes I know about pumped hydro. I have worked with pumped hydro. It is a very lossy system since those pump motors are nowhere near 100% efficient.

    45. Re: Not a good idea by dbIII · · Score: 1

      The maths is incredibly rubbery since it depends on choosing one of some very different reactor designs with very different fuel needs and a lot of the calculations get based on estimates of reserves from as far back as the 1960s. I doubt that any of the "decade until depletion" numbers are worth anything since most were worked out before some very major reserves such as Olympic Dam were even roughly explored.
      So personally I think the numbers are a case of using the fuel consumption of reactors worse than we would ever bother to build to reserves that are less than have already been explored. If we are ever going to build a lot of reactors it's going to be based on a series of improving prototypes and not the 1970s crap we have now. Why bother building a thousand TMIs painted green? We can do better given a few pilot projects.

      On the other side, while there is a lot of Uranium in the ground a great deal of it is very deep - bottom of the crust deep. That's never included in the reserves number but is in the % of the element in the crust number.

    46. Re: Not a good idea by pixelpusher220 · · Score: 1

      loss is less of a concern when your fuel is free. See 50s cars getting 12 mpg. When fuel is cheap and plentiful, efficiency is a very small concern.

      Renewables get really close to quite literally 'free' fuel.

      In hydro your 'fuel' storage is somewhat limited, but in an electrical system you can add more storage capacity.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    47. Re: Not a good idea by Anonymous Coward · · Score: 0

      If the fuel was "free" it wouldn't cost more than fossil fuels, would it.

    48. Re: Not a good idea by khallow · · Score: 1

      "We have have 3 major nuclear incidents in none of them have millions died."

      So why aren't they able to get any insurance company to cover them?

      First, because there's only been four, not three major nuclear accidents. Insurance companies don't gamble on low probability events with considerable downside and few examples. Second, because human societies are completely retarded about risk management. This results the primary unknown in how costly a nuclear accident turns out, namely, how much costly theater the plant operator is forced to go through following an accident.

    49. Re:Not a good idea by Barsteward · · Score: 1

      "Until the replacement technologies have years of study and years of proven reliability they should not be deployed." oh dear, another one who thinks green energy is all smoke and mirrors.

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    50. Re: Not a good idea by Barsteward · · Score: 1

      that was still the case unto the 1950's and it was smog (fog and smoke).

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    51. Re: Not a good idea by Nocturna81 · · Score: 1

      And how are you going to get these years of study and proven reliability without some serious deploy of these technologies? Besides, these techniques where available and in use since the nineties at least. That gave us the data to go ahead right now.

    52. Re: Not a good idea by scarboni888 · · Score: 1

      Ralph Nader says nuclear is too expensive to be sustainable. Not to mention plants can only get built with taxpayer backing because no private investors are willing to take the risks. Uranium fission nuclear is finished.

    53. Re: Not a good idea by pixelpusher220 · · Score: 1

      How much does sunshine cost again? Or the blowing wind?

      Don't confuse infrastructure costs with fuel costs.

      Solar has a large upfront cost buy then costs almost zero to operate in a residential scenario. Not quite that good in a utility scenario buy still better than coal. It's still very new though so needs some subsidies to get people to invest for that initial outlay.

      and doesn't produce CO2....how much does that cost for coal?

      --
      People in cars cause accidents....accidents in cars cause people :-D
    54. Re: Not a good idea by dbIII · · Score: 1

      loss is less of a concern when your fuel is free

      Are you really going there? Are you really trying to suggest that fuel is the only issue?
      How about I hold off the deserved torrent of insults and let you get back within the vicinity of reality and then we can continue.

    55. Re: Not a good idea by pixelpusher220 · · Score: 1

      Um, it is reality. When your fuel is free and plentiful, efficiency is less of a concern. That's basic economics. To get more power I can increase the efficiency of my panels OR I can just install more panels of the lower efficiency.

      Since very very few things in history have had this concept its understandable to look at it with the frame of reference of fossil fuels. You need X amount of fuel for operation and that costs money.

      That simply isn't the case with solar or wind. The 'fuel' providing your electricity is free and plentiful. What renewable sources aren't yet are, 1. storable 2. continuous (see 1), and 3. dense enough.

      #2 will be solved when we have better electricity/power storage ability.
      #3 is solved both by new tech with higher efficiency or simply adding more capacity (and we have LOTS of places to add more capacity)

      Yes it's theory, but it's based on sound principles. I'm curious what about this you disagree with?

      --
      People in cars cause accidents....accidents in cars cause people :-D
    56. Re: Not a good idea by dbIII · · Score: 1

      With respect, we've had almost free fuel with coal and oil for a long time but other issues of course arise.
      Please take things seriously instead of going off into fantasy land.

    57. Re: Not a good idea by dbIII · · Score: 1

      Yes it's theory, but it's based on sound principles

      Magic?

    58. Re: Not a good idea by pixelpusher220 · · Score: 1

      Coal and oil are decidedly not free. Certainly not priced correctly but far from free.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    59. Re: Not a good idea by pixelpusher220 · · Score: 1

      Basic economics. Which apparently seems like magic to you.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    60. Re: Not a good idea by dbIII · · Score: 1

      Makes sense. Attempting to replace physics with economics is indeed somewhat warped magical thinking.
      On the other thread where you are asking for an answer could you please explain WTF your actual question is - I can't find it for the noise.

    61. Re: Not a good idea by Anonymous Coward · · Score: 0

      We have have 3 major nuclear incidents in none of them have millions died. ...yet...

      The Fukushima disaster is far from over. It could easily lead to millions of deaths.
      Or even worse, millions of severe disfigurements, birth defects, congenitally and permanently sick populations, lives full of pain and suffering ...

    62. Re: Not a good idea by dave420 · · Score: 1

      Just as coal and oil are, surely. They are simply transporting the energy captured from the sun millions of years ago.

    63. Re: Not a good idea by Anonymous Coward · · Score: 0

      Unfortunately, current nuclear technology is only sufficient for a decade or so at current global energy consumption levels - after that we will have exhausted the global uranium supply.

      You have raised this irrelevant point in several threads for this article, and in many threads for prior articles where nuclear power is discussed, and you have been corrected on it's relevance multiple times - yet you persist. First, the figure you cite precedes more recent exploration results, e.g. greater Olympic Dam reserves. Second, due to unexploited proven reserves, relatively low current Uranium demand dampening exploration, and issues with access (permafrost, etc.), there is a great deal of exploration still to be done. Third, proven Gen-IV designs, particularly the IFR (see next part of this response), obviate the need for the relatively rare fissile Uranium isotopes which fuel Gen-III designs, vastly extending the usefulness of the proven reserves as fuel.

      Every one of these counterpoints has been brought up in response to your prior posts about having only a decade of usable Uranium reserves remaining. Yet you persist. Repeatedly.

      If we want to go nuclear we need to invest heavily in developing reactors that can consume thorium and/or non-enriched uranium as their primary fuel. At present we ave only a few model prototypes and lots of grand designs that have never been tested.

      No, just no. The IFR project headed by Dr. Charles Till under the Clinton-42 administration was production-ready. Every safety (to an unprecedented level), proliferation, scalability, modularity, and waste issue had been addressed. Only some components of the cost were still a problem at the time, and would have declined significantly over the years since then. It was ready for a first production build. Clinton-42 shut it down for symbolic reasons, and in large part due to then-Senator Kerry being a damned fool who didn't understand the IFR technology, mistakenly attributing proliferation concerns to it.

      To be clear, I'm not arguing against pursuing Thorium reactor designs. Rather, it's your assertion that Thorium reactors are necessary due to the limited fissile Uranium within proven (with old data) Uranium reserves that provokes a response. The IFR was not some untested "grand design". The IFR prototype EBR-II passed safety tests worse than the effects of the Fukushima earthquake and tsunami, and passed those tests in 1986. Imagine if the reactors at Fukushima had been supplanted with IFRs by, say, 2006 (two decades after the EBR-II safety tests, over a decade after IFR was foolishly cancelled, plenty of time for approval of GE's S-PRISM design with enough time left for construction and de-activation of the old reactors) - no wall-to-wall nuclear hysteria "breaking news" for CNN. The BN-800, a less safe (Russian, so no surprise there) variant of the IFR is generating power now, even though that's not even it's primary purpose. The Chinese have already begun to construct a BN-800 variant intended for power generation. Clinton-42 (Congress actually, through legislation, but at the administration's urging, primarily originating from O'Leary) cancelled the IFR in 1994. We could have been essentially done with domestic coal by now.

      - T

    64. Re: Not a good idea by OrangeTide · · Score: 1

      so you agree I can power my train with nuclear power?

      --
      “Common sense is not so common.” — Voltaire
  3. Very Simple Explanation by Anonymous Coward · · Score: 0

    If renewables are cheaper, they're going to get built. Wind is already cheaper than natural gas in some cases. If you're betting against solar, you're betting that a bunch of electrical engineers can't get costs down on a silicon based system. Eastman Kodak made that bet once, last time I looked the world wasn't exactly lining up to buy Kodachrome anymore.

    1. Re:Very Simple Explanation by Archtech · · Score: 4, Insightful

      If renewables are cheaper, they're going to get built.

      Unfortunately, it's extremely difficult - perhaps even impossible - to say what is cheaper. Government regulations and subsidies have so muddied the water that vast fortunes can now be made out of selling power that is generated less cheaply and efficently than it could be by other means.

      But that is just one extreme example of how government regulation and subsidy distorts everything. It's very ironic that the governments that boast most loudly about their wonderful free-enterprise, free-market capitalist economies are the same governments that control interest rates - the fundamental price which controls all other prices. Every time a government passes a law, crates a regulation or offers a subsidy, it distorts the economy and prevents the existence of a free market.

      --
      I am sure that there are many other solipsists out there.
    2. Re:Very Simple Explanation by Captain+Splendid · · Score: 0

      Government regulations and subsidies have so muddied the water that vast fortunes can now be made out of selling power that is generated less cheaply and efficently than it could be by other means.

      Man, I wouldn't admit publicly on slashdot that math is hard. Just saying.

      --
      Linux, you magnificent bastard, I read the fucking manual!
    3. Re: Very Simple Explanation by orlanz · · Score: 0

      So... You should move to Somolia to obtain a piece of the heaven you speak of.

      Any project anywhere in the world that is even 1/2 the size that you are referencing demands social tax assistance. The free market considers such endeavors that you are talking about to be too large of a risk (not the same as risky) and never takes part by itself. The free market has never had a pioneering solution here.

    4. Re:Very Simple Explanation by FlyHelicopters · · Score: 2

      Man, I wouldn't admit publicly on slashdot that math is hard. Just saying.

      No, he is right...

      The US Government pays 2.7 cents per KWh to wind producers for each KWh sold.

      That is why sometimes Texas Wind Farms give away their power, and have at times, paid people to take it, because of government money.

      There are other incentives and tax credits beyond that. Texas makes 9% of its power from Wind. That is largely because of government money, not because Wind is cheap.

    5. Re: Very Simple Explanation by Anonymous Coward · · Score: 0

      Solar isn't just about photo-voltaic, it's also about converting solar to heat, storing the heat, and converting the heat into steam turbine.

    6. Re:Very Simple Explanation by nospam007 · · Score: 1

      "The US Government pays 2.7 cents per KWh to wind producers for each KWh sold."

      And the coal and oil industry get 20 billions of subsidies each year, one wonders why.

      http://www.ibtimes.com/us-foss...

    7. Re: Very Simple Explanation by mspohr · · Score: 1

      Fossil fuels receive $5 trillion subsidy annually (according to IMF). We need to remove this market distortion.

      --
      I don't read your sig. Why are you reading mine?
    8. Re:Very Simple Explanation by Attila+Dimedici · · Score: 1

      Most of those billions are available to EVERY other industry as well (including "renewable" energy producers). The reason that the fossil fuel industries get more dollars than renewable for those is because the fossil fuel industries involve a lot more dollars overall.

      --
      The truth is that all men having power ought to be mistrusted. James Madison
    9. Re:Very Simple Explanation by FlyHelicopters · · Score: 1

      And the coal and oil industry get 20 billions of subsidies each year, one wonders why.

      Instead of just linking to it, you should try reading it.

      A direct cash payment of 2.7 cents per KWh isn't remotely the same as a company writing off business expenses on their tax return.

      The report noted that, in the U.S., deductions for cleaning up oil spills allows companies to claim the cost as a standard business expense. This provision allowed British oil giant BP Plc to claim $9.9 billion in tax deductions in 2010 following the Deepwater Horizon accident in the Gulf of Mexico, where the company reportedly incurred over $32.2 billion in cleanup costs.

      Companies writing off expenses is not a "subsidy", it is how tax works. The company installing the Wind Farm was able to write off all their expenses as well, yet those aren't called a "subsidy".

      The 2.7 cents per KWh allows them to pay you 1 cent per KWh and still come out better than turning off the turbines. But it distorts the market and makes all power cost more to the end user.

    10. Re: Very Simple Explanation by Attila+Dimedici · · Score: 1

      In the U.S., the majority of that "subsidy" is tax credits which are available to any business. Most people think a subsidy is money given by the government to a business, not tax deductions that business can use to reduce their taxes. I agree with that definition.

      As a general rule, subsidies are bad. Tax credits are much more varied.

      --
      The truth is that all men having power ought to be mistrusted. James Madison
    11. Re: Very Simple Explanation by lgw · · Score: 1

      So... You should move to Somolia to obtain a piece of the heaven you speak of.

      Please stop posting this drivel on Slashdot.

      We're beyond equating "in this one instance, government intervention might be net harmful" with "yay anarchy" here. Perhaps you were looking for Reddit?

      --
      Socialism: a lie told by totalitarians and believed by fools.
    12. Re: Very Simple Explanation by FlyHelicopters · · Score: 0

      Fossil fuels receive $5 trillion subsidy annually (according to IMF). We need to remove this market distortion.

      No they don't, that is a lie that keeps getting repeated...

      They get tax deductions that ever other business gets too...

    13. Re:Very Simple Explanation by pixelpusher220 · · Score: 1

      from the link:

      “In 2015, BP reached a final settlement with the US government and five state governments totalling $20.8 billion. However, only $5.5 billion of this is in the form of a non-tax-deductible penalty, and the remainder can be written off by BP,”

      Just wanted to make sure all the nay sayers understand...BP got a tax break for polluting the Gulf of Mexico...

      --
      People in cars cause accidents....accidents in cars cause people :-D
    14. Re: Very Simple Explanation by Type44Q · · Score: 1

      That reminds me, I bought a nice Columbia jacket at a thrift store in Dallas for a buck; the caveat? It has a big, green "BP" logo emblazoned on the front... needless to say, I only wear it in Boulder...

    15. Re: Very Simple Explanation by mspohr · · Score: 1

      No, not tax credits. It would be good if you would read the paper first:
      https://www.imf.org/external/p...

      News article here:
      http://www.theguardian.com/env...
      "Nicholas Stern, an eminent climate economist at the London School of Economics, said: “This very important analysis shatters the myth that fossil fuels are cheap by showing just how huge their real costs are. There is no justification for these enormous subsidies for fossil fuels, which distort markets and damages economies, particularly in poorer countries.”
      Lord Stern said that even the IMF’s vast subsidy figure was a significant underestimate: “A more complete estimate of the costs due to climate change would show the implicit subsidies for fossil fuels are much bigger even than this report suggests.”

      Energy subsidies are sizable in nearly all countries, advanced and developing economies alike.
      The bulk of energy subsidies in most countries are due to undercharging for domestic environmental damage, including local air pollution—especially in countries with high coal use and high population exposure to emissions—and broader externalities from vehicle use like traffic congestion and accidents. In many top subsidizers in percent of GDP and in per capita terms, these also reflect the setting of domestic energy prices below their supply cost.

      --
      I don't read your sig. Why are you reading mine?
    16. Re: Very Simple Explanation by mspohr · · Score: 1

      I keep repeating it. It's very well documented in this 42 page paper:
      https://www.imf.org/external/p...

      News article here:
      http://www.theguardian.com/env...
      "Nicholas Stern, an eminent climate economist at the London School of Economics, said: “This very important analysis shatters the myth that fossil fuels are cheap by showing just how huge their real costs are. There is no justification for these enormous subsidies for fossil fuels, which distort markets and damages economies, particularly in poorer countries.”
      Lord Stern said that even the IMF’s vast subsidy figure was a significant underestimate: “A more complete estimate of the costs due to climate change would show the implicit subsidies for fossil fuels are much bigger even than this report suggests.”

      Energy subsidies are sizable in nearly all countries, advanced and developing economies alike.
      The bulk of energy subsidies in most countries are due to undercharging for domestic environmental damage, including local air pollution—especially in countries with high coal use and high population exposure to emissions—and broader externalities from vehicle use like traffic congestion and accidents. In many top subsidizers in percent of GDP and in per capita terms, these also reflect the setting of domestic energy prices below their supply cost.

      --
      I don't read your sig. Why are you reading mine?
    17. Re:Very Simple Explanation by Woldscum · · Score: 1

      John Podesta, Podesta Group and the Clinton Fund. Google that for some king of sleaze stuff. Podesta Group was BPs chief lobby pre and during the oil spill.

      http://freebeacon.com/issues/p...

      https://www.opensecrets.org/lo...

      http://www.washingtonpost.com/...

      http://www.huffingtonpost.com/...

    18. Re: Very Simple Explanation by Attila+Dimedici · · Score: 1

      OK, so basically you are saying that "costs" I am unconvinced exist are subsidies

      --
      The truth is that all men having power ought to be mistrusted. James Madison
    19. Re:Very Simple Explanation by pixelpusher220 · · Score: 1

      Different side of the same coin

      --
      People in cars cause accidents....accidents in cars cause people :-D
    20. Re: Very Simple Explanation by Anonymous Coward · · Score: 0

      Dollar value is dollar value, and if the government didn't shield fossil fuel burners from liability, they would never survive the lawsuits.

    21. Re: Very Simple Explanation by mspohr · · Score: 1

      If the costs aren't paid for by the consumers and are paid for by taxpayers (or foisted on others), then they are subsidies.
      It's not a free market if you are not paying the cost of what you produce or consume and force others to pay for it.

      --
      I don't read your sig. Why are you reading mine?
    22. Re: Very Simple Explanation by FlyHelicopters · · Score: 1

      I keep repeating it. It's very well documented in this 42 page paper:
      https://www.imf.org/external/p...

      Point me to the spot in the 42 page paper where direct payments are made from government to oil, gas, and coal companies to make their products cheaper.

      Seriously, because I did skim it and I found a lot of words that said very little. But if it is in there, I'm all ears.

      Tax breaks for writing off capital investments and direct operating expenses don't count, all industries get those.

      ---

      The vast sum is largely due to polluters not paying the costs imposed on governments by the burning of coal, oil and gas. These include the harm caused to local populations by air pollution as well as to people across the globe affected by the floods, droughts and storms being driven by climate change.

      Yea, this is it right here. These "subsidies" are in fact not anything of the sort... They are made up numbers for a carbon tax that doesn't exist.

    23. Re: Very Simple Explanation by Attila+Dimedici · · Score: 1

      That assumes that the costs are real.

      --
      The truth is that all men having power ought to be mistrusted. James Madison
    24. Re: Very Simple Explanation by Anonymous Coward · · Score: 0

      If there was no cost to remediate the action, say capturing CO2 as limestone bricks, the industry would do it. So there is a cost, and thus a subsidy in the form of allowing a negative externality.

    25. Re: Very Simple Explanation by Namarrgon · · Score: 1

      Hundreds of billions in health costs, and thousands of avoidable deaths, from coal power in the US alone. Coal prices would double, if the true cost of supply was covered.

      Disbelief doesn't make costs go away, and is the very definition of denialism.

      --
      Why would anyone engrave "Elbereth"?
    26. Re: Very Simple Explanation by Namarrgon · · Score: 1

      The myth that fossil fuel industries don't get industry-specific subsidies is the one that keeps getting repeated. Fossil fuel exploration and mining in particular are heavily subsidised, far beyond standard business expenses.

      In AU for example, billions in fuel tax credits are freely given out to oil & coal mining companies - try getting those for your own business. http://mobile.abc.net.au/news/...

      In the US, there are tens of billions annually of tax write-offs, financing, and loan guarantee benefits specifically for fossil fuel producers. One single example:

      The deduction for intangible drilling costs, worth $3.5 billion in 2013, provides a 100% tax deduction for costs that are not directly part of the final operating oil or gas well, including exploration expenses.

      Good luck getting that one yourself. Plenty more in the US breakdown linked here: http://www.odi.org/publication...

      Renewable subsidies are needed initially to build industry scale and solve the chicken & egg problem. Fossil fuel industries really don't have that problem - so why are they still getting such huge industry-specific subsidies?

      --
      Why would anyone engrave "Elbereth"?
    27. Re: Very Simple Explanation by FlyHelicopters · · Score: 0

      http://www.odi.org/sites/odi.o...

      I read the link you provided.

      Again, you don't understand how taxes work, which is why you complain about things you don't understand.

      Page 2, 5 line items, totaling over $5 billion dollars

      "Tax deduction"

      What part of "Tax deduction" do you not understand?

      These are not subsidies, they are not direct payments, they are not free money.

      ---

      Clean energy gets all of them as well and they also get DIRECT CASH PAYMENTS.

    28. Re: Very Simple Explanation by KGIII · · Score: 2

      There is no nice way to say this so I'm going to just come out and say it. You're an idiot.

      Have you ever been to Somalia? No? I didn't think so. I have. In fact, I spent almost six weeks there. If there's one thing Somalia has, it's an overabundance of government. Yes, you read that right. No, I'm not wrong. You could even say that they're probably more strictly regulated than most other countries on the planet.

      Why idiots keep repeating this, why idiots thing Libertarians are against government, is beyond me - but, they're idiots. There's no way to apply logic and figure out why it is that they do and think the stupid things they do.

      --
      "So long and thanks for all the fish."
    29. Re: Very Simple Explanation by KGIII · · Score: 1

      I took a look at the paper. It's funny... They include things like medical expenses while actually not considering the taxes paid by the companies. Here's the best part...

      They want to count all the external costs. They don't even begin to consider the externalized benefits. You know, how far would our economy and society work without fossil fuels today? How far would it have come without them?

      Yeah, it's bullshit. But, they repeat it often so it must be true.

      --
      "So long and thanks for all the fish."
    30. Re: Very Simple Explanation by Barsteward · · Score: 1

      polluting old tech shouldn't get tax deductions, it should have become so efficient by now (how decades has it taken and many more decades will it take?) to stand on its own feet. Tax advantages should be only for new tech.

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    31. Re: Very Simple Explanation by Anonymous Coward · · Score: 0

      You know, how far would our economy and society work without fossil fuels today? How far would it have come without them?

      The past benefits of fossil fuel use is not relevant to whether we should continue using them. Nobody is suggesting hopping in a time machine and preventing coal and oil from being exploited in the first place.

      If we included the past in this argument, nobody should fly airplanes because the economy and society depended on ships and cars/trucks they all have great external benefits. And nobody should use cars/trucks because the economy and society depended on horse & buggy use.

      They don't even begin to consider the externalized benefits.

      Externalized benefits of electricity are basically irrelevant because we aren't comparing against no electricity, we are comparing against other mechanisms to generate the same amount of electricity (or waste less of the electricity in doing substantially similar useful work, which is essentially equivalent for these purposes). The externalized benefits that are relevant are things like medical use of radioactive isotopes generated as a by-product of nuclear generation, which you would otherwise have to harvest from non-power-generating reactors anyway.

      I am aware of no substantial external benefit to fossil fuels that is not present in all competing sources.

      To be clear, fossil fuels do have a few actual advantages, which is part of why they are still used at all today, but their externalities are basically all awful.

    32. Re: Very Simple Explanation by FlyHelicopters · · Score: 1

      polluting old tech shouldn't get tax deductions, it should have become so efficient by now (how decades has it taken and many more decades will it take?) to stand on its own feet. Tax advantages should be only for new tech.

      That isn't how the tax code works...

      ALL businesses get to deduct things from their taxes, capital investments over time, ongoing business expenses. Otherwise you'd be taxing GROSS income instead of NET profit.

    33. Re: Very Simple Explanation by Barsteward · · Score: 1

      i'm talking about stuff like this, not normal running expenses/capital expenditure http://www.theguardian.com/env...

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    34. Re: Very Simple Explanation by FlyHelicopters · · Score: 1

      A proposed Shell petrochemical refinery in Pennsylvania is in line for $1.6bn (£1bn) in state subsidy, according to a deal struck in 2012 when the company made an annual profit of $26.8bn.

      Quote from the link you posted.

      That stuff is normal business practice between states. If Pennsylvania didn't offer it, another state would have.

      Tesla was offered how many billions to build his battery factory in Nevada? That wasn't because it was "green", that was because it was "jobs".

      Those items are not fossil fuel subsidies, they are jobs subsidies.

      Now we could debate if we should have jobs subsidies or not, but it has nothing to do with dead dinos...

    35. Re: Very Simple Explanation by Namarrgon · · Score: 1

      Except clean energy doesn't get all of them as well. Many of these tax deductions are specific to fossil fuel companies as my links show - just like there are other incentives that are specific to clean energy. The point is, there are particular tax incentives available only to fossil fuel industries, and not to other industries. Can you show any evidence to the contrary?

      If you don't think that forgiving billions of dollars of tax revenue from a specific industry counts as a subsidy to that industry (in that it lowers their cost of production), then perhaps you don't understand what subsidies are. There is zero difference between giving billions in taxpayer dollars to a company, and not taking the tax from them in the first place.

      The real question is, why are fossil fuel companies being granted hundreds of billions of dollars in specific tax incentives at all? Subsidies are often given to desirable new industries to help them become competitive, but that's hardly the case with oil and coal.

      --
      Why would anyone engrave "Elbereth"?
    36. Re: Very Simple Explanation by FlyHelicopters · · Score: 1

      Can you show any evidence to the contrary?

      Yes, and I have multiple times in this story...

      Most of the "subsidies" are one of three things:

      1. Tax breaks for jobs
      2. No charge for "carbon tax" which doesn't exist
      3. Tax breaks for doing business in general

      The only one that could be called specific to fossil fuels is #2, but that is just a made up number with a dollar sign that someone else attached to it. The IPCC for example establishes some absurdly huge number to "carbon taxes" and says that fossil fuels are getting HUGE subsidy because they aren't paying their made up number.

      ---

      The irony to all this is that I actually agree that carbon is a huge problem. So huge, that we simply aren't going to be able to stop 2 degrees from coming and going. I won't be shocked if we don't stop it at 4 degrees. A whole lot of people are living in either fantasy land, or they know exactly what the issue is, but can't do anything about it due to the problems of trying to push that hard.

      The short version, 80% of proven reserves of coal, oil, and natural gas cannot be burned, or we'll overshoot 2 degrees with an 80% certainty (or as best as the experts can guess). I'll take them at their word.

      However, there is zero chance that will happen. It just won't. It'll all get burned. In fact, tens of billions of dollars is being spent to find MORE reserves.

      The world in 100 years is going to be different to the world today. Humans will be the cause, but the time to change it was 30+ years ago. The ship has long since sailed. We'll just have to adapt to the new world.

    37. Re: Very Simple Explanation by Namarrgon · · Score: 1

      I scanned your comment history and didn't see a single citation, just more unsourced claims like the above.

      I cited two specific examples (waived fuel tax and 100% deductible exploration expenses), with links to more, of fossil-fuel industry tax incentives that don't fall under any of your 3 categories. Can you cite any tax breakdowns that contradict the studies I linked?

      And I'm not sure how you reconcile your agreement that carbon is a "huge problem", yet deny the many externalised social costs of emitting that carbon (i.e. the "made-up number" from your point #2).

      Luckily, I disagree with your pessimistic assumption that we'll end up burning all our fossil-fuel reserves. That might be a risk if we assumed that
          a) politicians continued to give fossil-fuel industries free reign, even if unsubsidised (actually not that unlikely),
          b) the afore-mentioned externalised social costs of fossil fuels continue to be ignored (depends on how much more money the industry pumps into fueling that denial),
          c) direct costs of fossil fuels don't rise significantly, and
          d) that alternative energy prices stop falling, and never drop below current fossil fuel prices.

      I think that, at this stage, point d) is highly unlikely, so even if all the others turn out to be the case, it simply won't make business sense to use the more expensive option of fossil fuels. For example, renewable energy plants have been cheaper to build than new coal plants in many parts of the world for some years now, and of course they have zero ongoing fuel costs, so there the transition is inevitable, once existing coal power stations get old enough.

      --
      Why would anyone engrave "Elbereth"?
    38. Re: Very Simple Explanation by FlyHelicopters · · Score: 1

      Luckily, I disagree with your pessimistic assumption that we'll end up burning all our fossil-fuel reserves.

      How do you address the issue that tens of trillions of dollars of reserves have to be left in the ground?

      Those reserves are priced in to the world's economy. If you were to try and force all that to stay put, you'd make the 2008/2009 crash seem minor by comparison.

      The world is not just addicted to coal, oil, and natural gas, but the money attached to them as well.

      Can we transition off them? Yes. Can we do it in the time we have left? No. We need to be off them by 2050, we will have a hard time doing it by 2100.

      This is not a technology problem, it is an economic one.

      And I'm not sure how you reconcile your agreement that carbon is a "huge problem", yet deny the many externalised social costs of emitting that carbon (i.e. the "made-up number" from your point #2).

      I don't deny them, I simply don't call them subsidies. In any case, it doesn't matter. We're just debating now if we should form a bucket brigade on the Titanic or not. It is a stupid debate and misses the point. The ship will sink 2 hours before Carpathia shows up. No one is going to survive 2 hours in the freezing water. You're either in a life boat, or you're going to die.

    39. Re: Very Simple Explanation by Anonymous Coward · · Score: 0

      >If there's one thing Somalia has, it's an overabundance of government.

      Either you have never really been there or you're just trolling. That one has bells on.

    40. Re: Very Simple Explanation by dave420 · · Score: 1

      The costs are demonstrated to exist. You can perform your own research to show they are not. We can wait, but until then, the original point stands and you are wrong.

    41. Re: Very Simple Explanation by KGIII · · Score: 1

      Or you have no idea what government is.

      --
      "So long and thanks for all the fish."
    42. Re: Very Simple Explanation by Namarrgon · · Score: 1

      I don't deny them, I simply don't call them subsidies.

      Society pays for those costs, so that the producers don't have to. This lowers the sale price of the goods to half their true cost. If it waddles like a subsidy, and quacks like a subsidy...

      Anyway, we can disagree about the transition time, but consider this: The average lifespan of a coal power plant is about 40 years - and many of them are due for replacement fairly soon. Knowing what we now know, it would be insane to replace them with more coal plants, and since new solar & new wind is already cheaper than new coal in many places, we have the opportunity to clean up a whole sector by 2050. And most vehicles have significantly shorter lifespans than that, so they can be transitioned too. In fact, TFA itself points out that Brazil changed their whole market over to flex-fuel ethanol-capable vehicles in just 5 years, so any cars sold after that can be fully carbon neutral.

      --
      Why would anyone engrave "Elbereth"?
    43. Re: Very Simple Explanation by FlyHelicopters · · Score: 1

      Anyway, we can disagree about the transition time, but consider this: The average lifespan of a coal power plant is about 40 years - and many of them are due for replacement fairly soon. Knowing what we now know, it would be insane to replace them with more coal plants

      Logically, I understand your viewpoint... but consider this:

      http://energydesk.greenpeace.o...

      "According to a new Greenpeace analysis, in the first nine months of 2015 Chinaâ(TM)s central and provincial governments issued environmental approvals to 155 coal-fired power plants â" thatâ(TM)s four per week."

      At the end of the day, the goal to replace fossil fuels runs into a $20 trillion dollar roadblock... money... The known reserves in the ground are already accounted for above ground on balance sheets...

      http://www.reuters.com/article...

      "The largest U.S. independent refiners are bullish on domestic gasoline demand as super-cheap fuel and the lure of bigger vehicles entice more consumers.

      Valero Energy Corp and Phillips 66 both say they are in "max gasoline mode," pumping out as much as they can as a mild winter, economic uncertainty and a stinging slump in oil drilling squeezed U.S. diesel demand.

      They still see export demand growth for both gasoline and diesel, but at home expectations are for rising gasoline demand, despite concerns the U.S. economy could soften in 2016."

      As gas gets cheaper, demand for it will pick up. There are over a billion cars in the world, many of them 20 years old. EVs will continue to grow of course, but last year 75 million cars were sold world-wide, about half a million of them EVs (most of those plug in hybrids that still use gas).

      This path isn't going to change by 2050. Even if we wanted it to, it can't, because of economics. Many governments, for better or worse, are addicted to coal, oil, and natural gas, they won't allow them to change faster, we'll have an economic disaster on our hands.

      Or do you really think Saudi Arabia, Russia, and the USA are going to leave all those trillions of dollars in the ground?

    44. Re: Very Simple Explanation by Namarrgon · · Score: 1

      They're only worth trillions if the demand says so. And demand will not continue for ever - coal is already almost flat. Peak Oil will take longer, but the writing on the wall is already visible, with EVs predicted to make up one quarter of the global market in just 10 years.

      --
      Why would anyone engrave "Elbereth"?
    45. Re: Very Simple Explanation by FlyHelicopters · · Score: 1

      They're only worth trillions if the demand says so.

      Right, and that's my point. Governments will do whatever it takes to ensure that will happen, at least for awhile...

      If you were to write off $20 trillion in balance sheet value from the world, there is a decent chance that you wouldn't have an economy the next day. It would make 2008/2009 look like a small speed bump.

      And demand will not continue for ever

      Of course not, but it will continue far beyond where it needed to have stopped. We have perhaps 550 gigatons left of CO2 that we can emit, total, to keep global average temps below 2 degrees. The known reserves are 6 times that. We are emitting 20+ gigatons a year.

      At our current rate, we can emit Carbon for 25 more years, then we must stop, cold turkey. The reality is that our emissions are going up, not down.

      EVs predicted to make up one quarter of the global market in just 10 years.

      That report has to be smoking something. :) To do that, 7.5 million EVs will have to be sold to hit that target. That is up from almost nothing today.

      I'll even be kind and consider plug in stuff like the Chevy Volt to be an "EV", since that is in the 540,000 cars sold in 2015 that could be called an "EV". True EVs with no gas engine are a rounding error.

      For that report to be true, all car companies would have to be working on making most car models into EVs now, because cars tend to have 10 year development cycles. Auto companies take a long time to turn and change.

      That is of course beside the point. The whole idea is to leave the bulk of the dead dinos in the ground. Since that simply isn't going to happen, we really should start having the conversation on what to do with a changed world that is coming.

  4. More 'climate change' alarmist bullshit... by Anonymous Coward · · Score: 0, Troll

    Actually, no, fossil fuels couldn't be "phased out" in a decade, and strangely enough the entire article is written as if it's a fait accompli. As for "the threat of climate change" - oh, you mean 'catastrophic man-made global warming'? Why didn't you say so? Because you're LIARS, that's why, on the 'climate change' gravy train.

    www.climatedepot.com
    www.wattsupwiththat.com

    1. Re:More 'climate change' alarmist bullshit... by JustAnotherOldGuy · · Score: 1

      The idea that fossil fuels could be "phased out" in a decade is so ludicrous that I hardly know where to begin.

      Yes, we'll just replace EVERY car, truck, bus, motorcycle, and every other existing conveyance that uses an internal combustion engine. No PROBLEM!

      Then we'll do the same for every bit of construction equipment in the world (earth moving machines, trucking & hauling vehicles, paving and compacting machinery, lifting & material handling equipment, drilling & trenching gear, etc).

      And sure, we'll do it all in 10 years. HA HA HA HA!

      --
      Just cruising through this digital world at 33 1/3 rpm...
    2. Re:More 'climate change' alarmist bullshit... by phantomfive · · Score: 3, Informative

      Yes, we'll just replace EVERY car, truck, bus, motorcycle, and every other existing conveyance that uses an internal combustion engine. No PROBLEM!

      That's what I thought at first too, but the paper is talking about generating electricity, not transportation.

      --
      "First they came for the slanderers and i said nothing."
    3. Re:More 'climate change' alarmist bullshit... by Archtech · · Score: 1

      The idea that fossil fuels could be "phased out" in a decade is so ludicrous that I hardly know where to begin.

      You must be new to the world of social science.

      --
      I am sure that there are many other solipsists out there.
    4. Re:More 'climate change' alarmist bullshit... by MightyMartian · · Score: 1

      Oh look, another "God would never create physical laws that would allow us to damage ourselves" types. Here's the facts. CO2 traps energy in the lower atmosphere. The more CO2, the more energy trapped. Care to tell us where that energy is going, if not into raising temperatures? Go on, tell us how the lower atmosphere is exempt from thermodynamics.

      --
      The world's burning. Moped Jesus spotted on I50. Details at 11.
    5. Re: More 'climate change' alarmist bullshit... by Namarrgon · · Score: 1

      It covers transportation too, e.g. Brazil's switch to ethanol fueled cars, but it's talking about market transitions, switching new sales to non-fossil-fuel equipment, not eliminating old equipment.

      The study itself never once claims to cover "phasing out all fossil fuel", only the transitions to a new market & infrastructure, which can and have happened with surprising speed.

      --
      Why would anyone engrave "Elbereth"?
    6. Re: More 'climate change' alarmist bullshit... by phantomfive · · Score: 1

      It covers transportation too, e.g. Brazil's switch to ethanol fueled cars, but it's talking about market transitions, switching new sales to non-fossil-fuel equipment, not eliminating old equipment.

      Yeah, you're right, I misread the links.

      --
      "First they came for the slanderers and i said nothing."
  5. World without oil income to middle east is scary by JoeyRox · · Score: 4, Insightful

    Things are unstable enough as it is in that territory. Matters could get a lot worse if they lose their only major source of income.

  6. Yeah right by Dunbal · · Score: 2, Informative

    Pile on a few more conditions and you realize this is just wishful thinking. Some "think tank". Alternative energy is growing. And this is a good thing. But oil was still viable at $150/bbl. Don't think that at $40/bbl people are going to drop it. I think we're currently at or just past peak oil. Peak oil is not where oil is scarce - peak oil is where there is so much oil available that we are literally drowning in oil. Which is why we're hearing about oil gluts, and seeing plummeting oil prices.

    Yes, economic slowdown in the US and China has something to do with that too. But currently we are running flat out pumping up oil from tar sands, from the bottom of the oceans at scary depths, and even shale oil from coal and barely treading water, barely producing oversupply. Once the economic slowdown reverses and demand picks up again, these gluts are going to disappear, but production will not pick up as quickly. It can't. All the "easy" oil has already been drilled. Fossil fuels will be not be phased out, there just won't be anymore. But it's going to take a lot more than a decade.

    --
    Seven puppies were harmed during the making of this post.
    1. Re:Yeah right by Anonymous Coward · · Score: 0

      Yes, the article is a fantasy and a half.

    2. Re:Yeah right by Koby77 · · Score: 1

      I view it as less about "wishful thinking" and more along the lines of "give us power". This is an advertisement to say "Only big governments controlling the economy and the electric grid and research and dispensing money where they see fit -- can deliver an energy revolution" ... in 10 years however, which will be enough time for us to get out of office and stash our $$$ in a safe place while the project isn't complete and the next generation of power brokers deal with the boondoggle and debt.

    3. Re:Yeah right by Anonymous Coward · · Score: 0

      I've noticed that most Europeans, who pride themselves on their "intellectual superiority" over Americans, prefer to live in a fantasy world in which all the practical problems have mysteriously been solved by bureaucrats rather than face the harsh realities and do what is necessary to ensure the continued prosperity and even the survival of their nations and cultures. They are arrogant and yet weak, which is a terrible combination.

    4. Re:Yeah right by Kohath · · Score: 1

      As it becomes more expensive to produce, the price goes up. As it becomes more expensive to buy, demand goes down. It's always available at a higher or lower market equilibrium price.

      This idea that "all the easy oil has been used" doesn't account for the fact that technical challenges get easier as technology progresses.

      Also, no one is predicting economic slowdowns reversing. They may stabilize and increase marginally, but what would lead to strong economic growth again? Good government? Population growth? Rising productivity? Trade liberalization? What?

    5. Re:Yeah right by Anonymous Coward · · Score: 0

      >> All the "easy" oil has already been drilled.

      was a common saying back around the 90's when Al Gore was hot.

    6. Re: Yeah right by Type44Q · · Score: 3, Informative

      Peak oil is not where oil is scarce - peak oil is where there is so much oil available that we are literally drowning in oil.

      We're long past peak; that's why we have to rely on [expensive] processes such as synthesizing fuels from tar sands...

    7. Re: Yeah right by Anonymous Coward · · Score: 0

      > We're long past peak; that's why we have to rely on [expensive] processes such as synthesizing fuels from tar sands...

      Actually, the current boom from fracking put the US close to the 10 million barrels/day we had at peak. If we surpass it, by definition we haven't peaked yet. It looks to be declining again, but that may be just due to supply + demand.

    8. Re:Yeah right by Anonymous Coward · · Score: 0

      The scarcity of resource argument is also nothing new. Europe was suffering from warm after glow of "peak wood" at the time of when the English coal came to save us all. Then there are the forms of energy households use. Firewood will be consumed widely in Africa for a long time to come in cooking due to the lack of alternatives. Modern, lower emission stoves and wood pellets are probably not very common yet in the countryside there.

    9. Re:Yeah right by Anonymous Coward · · Score: 0

      Uh, yeah. Oil was "viable" at $150 but look at how production began to shrink. The supposed economic "recovery" only leveled-off the output.

    10. Re:Yeah right by ultranova · · Score: 1

      Also, no one is predicting economic slowdowns reversing. They may stabilize and increase marginally, but what would lead to strong economic growth again? Good government? Population growth? Rising productivity? Trade liberalization? What?

      At the end of the day, what pulls economy is consumer demand. What determines consumer demand is how much money people have. And most people get their income from wages, which have been in the decline for decades now. So if you want economy to start rising, you need to increase demand, which requires increasing the income of Joe Average, otherwise Joe Investor can't invest since he doesn't have anyone to sell his products to.

      The heart of the problem is that capitalism treats labour as just another resource and tries to minimize its cost, which causes an uncontrollable feedback loop after productivity rises to the level where availability of labour is no longer the limiting factor in production. The easiest way to fix that is to simply give everyone a flat sum per month - a citizen wage - and accept the resulting inflation.

      --

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

    11. Re:Yeah right by Kohath · · Score: 1

      Printing money and giving it to people doesn't grow an economy.

    12. Re:Yeah right by silentcoder · · Score: 1

      Ironically - your unsupported claim so frequently cited by those who think Austrian or Chicago school economics is anything more than a pseudo-scientific cult, is proven wrong by exactly that approach having worked - quite well - many times.

      Of course it can be overdone, but you don't refuse to take the best medicine for the disease because some people have overdosed on it. You control the dosage with the best information available.

      The worst is that even Austrian economists knew it was bullshit (yet their followers never seem to know this) and actually advocated for universal basic income - Hayek most prominently so. Hayek famously declared that "without a floor price on labour, the labour market cannot ever be a free market" - then spend quite a few chapters explaining how the result of that can only ever be complete economic collapse.

      How sad that all the fans of Hayek seem to know all the bullshit he spouted which is so utterly disproven by the empirical facts he openly refused to acknowledge (because - like a good Austrian - he deemed 'empiricism' to be meaningless and that's what makes it a pseudo-scientific cult) and yet none of them know or advocate for the ONE thing he got dead right which has been proven over and over by empirical data both in looking at history and numerous long-term controlled studies all over the world.

      --
      Unicode killed the ASCII-art *
    13. Re:Yeah right by ultranova · · Score: 1

      Printing money and giving it to people doesn't grow an economy.

      I explained why it does: it increases demand. Do you have some actual counters to my argument?

      --

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

  7. Ridiculous conclusion by Adeptus_Luminati · · Score: 4, Informative

    I haven't even read the study and can tell you the title conclusion is completely ridiculous, bordering on bad click-bait.There exists over 1 Billion cars in the world. Unless the governments of all countries in the world both fully subsidize AND legally mandate people to switch to electric cars AND build global infrastructure to support 1 Billion electrical cars, then it ain't gonna happen. Simple as that, end of story.

    --
    No trees were killed in the making of this post; however, many trillions of electrons were horribly inconvenienced.
    1. Re:Ridiculous conclusion by Anonymous Coward · · Score: 0

      It's a Slashdot Climate Bollocks piece. Of course it's fucking clickbait.

    2. Re:Ridiculous conclusion by AmiMoJo · · Score: 3, Informative

      It's a shame you didn't read the study because it addresses your point. By "phased out" they mean all new vehicles would be electric, with a few exceptions. It's like CFCs were phased out - they didn't force everyone to replace hold fridges.

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

      By "phased out" they mean all new vehicles would be electric, with a few exceptions.

      Of the 75 million cars made in 2015, 540,000 were plug in EV something or others... and even most of THOSE still use gas (Prius plug in EV counts for example).

      The idea that we could make all new cars and light trucks be EV only in 10 years is absurd in the extreme.

      It's like CFCs were phased out - they didn't force everyone to replace hold fridges.

      CFCs could be phased out because we had a ready replacement. It cost a bit more, but it largely worked in most of the same equipment doing the same job with minor changes.

      If you were talking about replacing gas in cars with E85, now THAT could be done, because it still works largely the same way.

      EVs do not. Price is the current problem with EVs, but even if you solve that, you have range issues, and the way they charge.

      Over a few generations, you might get people ok with those changes, but you won't in 10 years. An EV requires that people change how they drive, how they "fill up" and it removes a feature their current cars have, unlimited range with 5 min fill-ups anywhere...

    4. Re:Ridiculous conclusion by Anonymous Coward · · Score: 0

      with a few exceptions

      That list of exceptions includes pretty much the entire transport industry. They are not going to wait around while their truck needs a battery pack when they can just buy 150 gallons of diesel.

      If it worked walmart would be doing it already.

    5. Re:Ridiculous conclusion by AmiMoJo · · Score: 1

      The idea that we could make all new cars and light trucks be EV only in 10 years is absurd in the extreme.

      Why? Because we would have to build massive battery factories and infrastructure? Musk is proving we can do that, and he is one guy. The paper is arguing that it would need to be done on a massive, global scale.

      Several countries have said they will ban sales of new petrol/diesel cars by 2050 (34 years), and the Dutch are looking to do it by 2025 (9 years). It's pretty far from "absurd in the extreme", it's just difficult and would require a lot of effort. Kinda like going to the moon in less than a decade.

      CFCs could be phased out because we had a ready replacement. It cost a bit more, but it largely worked in most of the same equipment doing the same job with minor changes.

      So pretty much like EVs then. 200 range mid priced models are starting to shop at the end of this year, and in a decade they will be very attractive at the low end of the market due to low maintenance requirements. 200 miles before needing to charge for 30-40 minutes is plenty for most people, and in a decade those who need more will have that option at fairly low cost too. Infrastructure is being built out, and you can already go pretty much anywhere in the US or western Europe in a Tesla.

      The only real difference between what will inevitably happen and what the paper suggests is the scale. Rather than just relying on Tesla and Nissan to push the market forwards, force all manufacturers to get on board. It's a bold move, as the paper acknowledged, and not without cost, but far from impossible.

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

      eliminate the need and desire to travel and cars don't need to exist, VR vacations are the future.

    7. Re:Ridiculous conclusion by umafuckit · · Score: 2

      It's a shame you didn't read the study because it addresses your point. By "phased out" they mean all new vehicles would be electric, with a few exceptions. It's like CFCs were phased out - they didn't force everyone to replace hold fridges.

      TFA seems to be saying that switching quickly is a possibility, but there's nothing plausible to switch to right now. Planes and shipping aren't going to be EV and of course we need a solution to energy production. We have to shift to something with sufficient capacity and it's currently really unclear what that something is.

    8. Re:Ridiculous conclusion by Kohath · · Score: 1

      More obviously, trucks that deliver food to grocery stores are not electric and can't be converted to electric in 10 years. Airlines have no alternative fuel prospects at this time (except biological fuels which pollute more than fossil fuels). Ships run on fossil fuels and a ship can operate for a lot longer than 20 years.

      Ending fossil fuel use in 10 years or 20 years is not reality.

    9. Re:Ridiculous conclusion by Citizen+of+Earth · · Score: 1

      You can't just legally mandate that all of your citizens abandon their cars. In a democracy, they would simply vote you out of office or camp out on your legislature until you resign. In a dictatorship, they would have you head on a pike. You can't even give them a free replacement car, because the extra $40k you'll be charging each of them in taxes will cause the same outcome.

    10. Re:Ridiculous conclusion by FlyHelicopters · · Score: 1

      Why? Because we would have to build massive battery factories and infrastructure? Musk is proving we can do that, and he is one guy. The paper is arguing that it would need to be done on a massive, global scale.

      There are many reasons... building all new car production is just one of them... What people WANT to drive is another, it takes time to change people's behavior, usually generations...

      If this was just a new fuel type for the same types of cars, you could do it faster. EVs require that people change how they use a car. A lot of people simply aren't interested and will make sure the politicians know it.

      Will my kids want EVs? Probably. But we're talking about 10 years here, not 50...

      Side note: Musk hasn't proven anything yet, he has sold a small handful of luxury cars while losing billions of dollars. Expanding that 10 fold has yet to be seen, but even if he does it, that is 500,000 cars a year, compared to 75 million. Expanding EV production to 75 million a year within 10 years is simply absurd.

      Kinda like going to the moon in less than a decade.

      We got absurdly lucky on that one, and we did it in such a way that continuing to do it would not have been reasonable, useful, or affordable. We spent a huge sum of money to drop 2 people onto the moon for a few hours. We also took a lot of risks along the way. Count the number of US manned launches between Alan Sheppard and Apollo 11, talk about rushing it. We did it 6 times and that was that.

      So you really can't remotely compare the two.

      the Dutch are looking to do it by 2025 (9 years).

      The Dutch, and the world, are two different things. The same mistake is made when people point to Denmark and say "look at all that Wind power, we can all do that worldwide!"

      So pretty much like EVs then.

      No, not at all. Not even close.

      First, R-134a could be used in most existing equipment. Sometimes a few minor changes had to be made, sometimes not. To drive an EV, you have to buy a whole new car and scrap the old one.

      Second, EVs do not work like gas cars, the way you fill them up is different. That is change, and not everyone wants to change that fast.

      200 range mid priced models are starting to shop at the end of this year

      First, that hasn't happened yet, and it likely will be closer to the end of 2017. But regardless, a 200 mile range doesn't help me if I have a 4 hour recharge time. Yea, yea, superchargers, whatever. You completely and totally miss the point if that is your answer. People are emotional creatures and don't all want to change just because you do. It will change over time as the generations shift. I'm 40, my Dad is 68, my kids are 10 and under. I may well own an EV in my lifetime, but my Dad won't. My kids might only own EVs. But that is a 50 year change, not a 10 year one.

      Second, the Model 3 that is coming is small, for $35K it is still expensive. You can buy a really nice mid-sized SUV for that price. The EV price needs to drop by half again, and that won't happen in 10 years.

      in a decade they will be very attractive at the low end of the market due to low maintenance requirements

      You must be smoking something... The low end of the market drives 10 year old cars because they don't have the money for new... and as for maintenance, your memory must be old, new cars need nearly nothing for 10 years in terms of maintenance.

      Rather than just relying on Tesla and Nissan to push the market forwards, force all manufacturers to get on board. It's a bold move, as the paper acknowledged, and not without cost, but far from impossible.

      Many things are "possible" if you can draw on everyone else's resources without asking their permission. They become quite impossible if you actually have to ask first.

      Let me put this another way. Myself and a whole lot of other people will vote for politicians who would block such a move. As will a lot of special interests who spend a lot of money making sure existing capital isn't wasted.

    11. Re:Ridiculous conclusion by Mr+D+from+63 · · Score: 1

      musk has burned through a huge pile of cash and only produced a few hundred thousand vehilces. Thats not a good example of what it will take to replace every car on the planet in 10 years.

    12. Re:Ridiculous conclusion by lgw · · Score: 1

      Your arguments boil down to "it would take an extreme totalitarian state to accomplish this". Do realize you're arguing against a guy who sees this as "and we'd also get an extreme totalitarian state, so it's win-win".

      --
      Socialism: a lie told by totalitarians and believed by fools.
    13. Re:Ridiculous conclusion by AchilleTalon · · Score: 1
      On the electricity generation side of the equation, it worth to look at the World Energy Ooutlook 2013 report from the International Energy Agency (the latest report is available at a fee). http://www.iea.org/publication...

      On page 175, you can look at the generation sources and the projections for 2020 and 2035 depending on a current, new or agressive policies to move toward renewables or at least reduce the fossil fuels demand. In 2011, 68% of the electricity produced in the world was from fossil fuels. The projections in the most agressive case for 2035 is 34% of the worldwide electricity will still be produced burning fossil fuels.This is after two decades and half under an agressive and optimistic scenario.

      --
      Achille Talon
      Hop!
    14. Re:Ridiculous conclusion by lgw · · Score: 1

      Cars are only part of the picture. There are three major groups of energy consumers in the US:
      * Electrical power generation (consumer, commercial, and industrial)
      * Transportation (consumer, commercial, and industrial)
      * Direct thermal (industrial and heating oil)

      That last one is amazingly difficult to handle. Smelting and foundries could eventually be all electric arc, but you're not getting steel without coke from coal, or coal directly in a more eco-friendly https://en.wikipedia.org/wiki/...>process. Smelting generally uses CO to emit CO2 as a key part of purifying metals. The power requirements for these processes are vast, and we're unlikely to double the size of our distribution network to handle this.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    15. Re:Ridiculous conclusion by FlyHelicopters · · Score: 1

      Your arguments boil down to "it would take an extreme totalitarian state to accomplish this".

      You make a good point... :)

      Frankly, the problem is money, freedom, and inertia. I see the problem with CO2 now, but it took far too long to convince me, and plenty of others still aren't convinced.

      The changes required now are too large to make without riots in the streets (or without starting WWIII). We probably could have changed course in the 80s, maybe the early 90s, but in 2016 the ship has already hit the iceberg.

      Do realize you're arguing against a guy who sees this as "and we'd also get an extreme totalitarian state, so it's win-win".

      No, to be honest I didn't. I try to believe that no rational person would want such a thing. Silly me. :)

    16. Re:Ridiculous conclusion by Lumpy · · Score: 3, Interesting

      "More obviously, trucks that deliver food to grocery stores are not electric and can't be converted to electric in 10 years"

      There are already electric trucks and even electric semi trucks out there. you dont convert them, you REPLACE them.

      Nissan, toyota, Mercedes, and all the other big truck makers are already doing it. Backward companies like Mack,GM, Ford,and Freightliner dont want to spend the money to make the next generation of trucks.

      --
      Do not look at laser with remaining good eye.
    17. Re:Ridiculous conclusion by Lumpy · · Score: 3, Insightful

      Nobody is going to. but when you are paying $37.50 a gallon of gas with $36.00 of each gallon in taxes, people will voluntarily get rid of their Suburban XLT.

      --
      Do not look at laser with remaining good eye.
    18. Re:Ridiculous conclusion by lgw · · Score: 1

      Wow, slashcode fail. "process"

      Editing posts - I don't think slashcode will ever be up to it.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    19. Re:Ridiculous conclusion by Kohath · · Score: 1

      Yeah, 25 years from now maybe there will be a lot of electric trucks on the road in some places.

    20. Re: Ridiculous conclusion by Type44Q · · Score: 1

      One word: inertia.

    21. Re: Ridiculous conclusion by Type44Q · · Score: 1

      and only produced a few hundred thousand vehilces

      I'd explain why you don't know your ass from your elbow but I don't believe you'd understand any of it...

    22. Re: Ridiculous conclusion by Type44Q · · Score: 1

      trucks that deliver food to grocery stores are not electric and can't be converted to electric in 10 years.

      Given the travel distances involved, large semis aren't going to be converted within ten years but local delivery trucks are another story entirely; they'd be perfect for a simple conversion using today's off-the-shelf tech.

    23. Re:Ridiculous conclusion by drinkypoo · · Score: 3, Interesting

      You do know that we have perfectly viable replacement technologies for existing motor fuels, right? Refined vegetable oil (or "green diesel") is a direct, 1:1 replacement for diesel fuel which does not have the problems of transesterified biodiesel, and butyl alcohol or butanol is a direct, 1:1 replacement for gasoline which is made by bacteria from any organic matter in a process that has been used for decades. The former is being produced in increasing quantities, although that could be sped up, and the latter is being prevented through the joint efforts of BP and DuPont, who are preventing GE Energy Ventures' firm GEVO from producing it and selling it on the basis of a patent which a) describes an obvious invention and b) was developed at a public university, partially with our money. As ever, the problems are not scientific, nor are they even technical. They are political, and economic. And as usual, the economic problems are not insurmountable, but they do require government involvement to run in the opposite direction. Right now, the US government is helping to prevent us from having a viable replacement for gasoline.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    24. Re: Ridiculous conclusion by Type44Q · · Score: 2

      Rest assured, there'll be a LOT of trucks that'll have been converted to electric, especially in the developing world (here in the States, for example).

    25. Re: Ridiculous conclusion by Type44Q · · Score: 1

      ...or their GM Excursions.

    26. Re: Ridiculous conclusion by Kohath · · Score: 1

      Please link to something describing this simple conversion and these readily available products. I've never heard of them. I don't want to say they don't exist though. Please inform.

    27. Re: Ridiculous conclusion by Kohath · · Score: 1

      Citation? Evidence? "Rest assured" is not information.

    28. Re:Ridiculous conclusion by Kohath · · Score: 1

      ... people will vote to get rid of the politicians who hate them enough to tax them that much.

    29. Re:Ridiculous conclusion by R3d+M3rcury · · Score: 1

      There are already electric trucks and even electric semi trucks out there [...]

      Yes. Here's one. There's only one issue, FTA:

      The 40-ton truck has a range of about 62 miles per charge [...]

      This might be okay for Germany, but it isn't going to work out well in the US.

      Backward companies like Mack,GM, Ford,and Freightliner [...]

      Well, for the US, Freightliner is going hybrid.

    30. Re: Ridiculous conclusion by Mr+D+from+63 · · Score: 1

      If you have different facts to present, please do. Otherwise, childish insults add nothing to the discussion.

    31. Re:Ridiculous conclusion by Anonymous Coward · · Score: 0

      Not to mention a full 68% of our power grid is driven by fossil fuels at the moment, so even the EVs are fossil fuel driven.

    32. Re:Ridiculous conclusion by Anonymous Coward · · Score: 0

      Nobody is going to. but when you are paying $37.50 a gallon of gas with $36.00 of each gallon in taxes, people will voluntarily get rid of their "Suburban XLT."

      Ok the economy is collapes and no one has a job, how does that work for you

    33. Re:Ridiculous conclusion by Anonymous Coward · · Score: 0

      Still doesn't matter, the electrical generation, in the US at least, will still have coal and natural gas providing a significant portion of the electricity. There is no way, short of doubling everyone's electric bills, to make that large and that rapid of a shift in the generation mix.

    34. Re: Ridiculous conclusion by Gojira+Shipi-Taro · · Score: 1

      And your facts are where exactly?

      --
      "Oh my God. This is terrible. This is the end of my Presidency. I'm fucked."; ~ Donald J. Trump
    35. Re:Ridiculous conclusion by drinkypoo · · Score: 1

      There are already electric trucks and even electric semi trucks out there. you dont convert them, you REPLACE them.

      Eh, you could probably do conversions of class 8 trucks pretty economically. There is lots of room. The bigger problem is that they are all but useless. You can't use them for long-haul trucking, and short-haul trucking is done with smaller trucks. The even bigger problem is that trucks suck for long-haul trips. Trains are far superior. We should stop doing long-haul trucking completely, and improve our rail system for heavy freight.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    36. Re:Ridiculous conclusion by Anonymous Coward · · Score: 0

      A potential problem with that is the amount of vegetable oil a car uses can probably feed a fair number of poor families. Think about how much vegetable oil you use in your food per month, compared to how much oil your car drinks per month.

      And rich people in industrialized countries can afford to pay more for vegetable oil to feed their cars than poor people can to feed themselves.

      Assuming the amount of arable land used to produce vegetable oils remains the same it means that cars will start to "use" a huge percentage of it.

      The more types of human food cars can eat the higher the prices of food will go up. The rich people in Europe have proven that they are able to pay a lot for fuel. Once the demand goes up the price of the edible oils will go up.

      Without any regulation the poor will find it a lot harder to meet their calories per day target.

      Then you may see more "Arab Spring" type events.

    37. Re:Ridiculous conclusion by drinkypoo · · Score: 1

      A potential problem with that is the amount of vegetable oil a car uses can probably feed a fair number of poor families.

      No, no it is not, and I can see why you didn't log in to associate your name with this FUD, you fucking shill. You can make vegetable oil cheaply, easily, and rapidly with algae. We would not use food-grade vegetable oil for fuel; instead, we actually (today) use waste oils from both plant and animal sources. There's a lot of plant oil which is contaminated with heavy metals and the like, which is normally waste from processing. We are already using that. Finally, ordinary waste vegetable oil from restaurants can also be processed into green diesel. If you cared, you would have followed the link, and you'd know that. Since you're just here to FUD, you are instead spreading shit. Fuck off, instead.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    38. Re: Ridiculous conclusion by toddestan · · Score: 1

      I doubt many trucks would get converted. The average of a semi truck is something like 6 years (passenger cars are at about double that). Semis can rack up hundreds of thousands of miles in a year, so they tend to get used up pretty quickly. They won't get converted, they'd just replace them. If the trucking companies decide to go all-electric, and just phase them in by replacing the diesels with electrics as they wear out, the fleet would be mostly electric in only a few years.

      Now, if diesel goes to $25 a gallon, and the manufacturers can't build electric trucks fast enough, then maybe you'd start seeing conversion kits pop up.

    39. Re:Ridiculous conclusion by Anonymous Coward · · Score: 0

      No, the politicians would be ridden out on a rail. They are very few things that I can see that would cause an actual revolt in this country, but if gasoline was unavailable (or unaffordable) that would be one of them. If gasoline was legitimately $37.50 and we weren't actively bombing the shit out of an oil-rich nation, I'm pretty sure that would also be reason for revolt.

    40. Re:Ridiculous conclusion by toddestan · · Score: 1

      If you expand it out to more general fossil fuels, you have another couple big ones that are also hard to handle. The first is plastics, which are everywhere nowadays, though arguably plastics aren't actually a large consumer of oil. The other big one that is very hard to replace is fertilizer, which consumes a lot of fossil fuels, and nowadays there's no way we could sustain the current population without fossil fuel based fertilizers.

    41. Re:Ridiculous conclusion by silentcoder · · Score: 1

      When those taxes are justified ? After all - the price of fuel won't actually reflect the REAL cost of choosing to drive (the vast majority of which is externalized over the rest of humanity and not paid by you choosing to drive today) unless it's closer to 300 dollars to fill up your tank.

      And that's WITHOUT considering climate change, that's JUST the immediate costs you're inflicting on society RIGHT NOW.

      --
      Unicode killed the ASCII-art *
    42. Re:Ridiculous conclusion by Anonymous Coward · · Score: 0

      Allpeople thinkign so short .. the article said replace fossil fuel. How about Airplanes? There is no where in horizon anything close to be usable as replacement for querosene.

    43. Re:Ridiculous conclusion by Anonymous Coward · · Score: 0

      Synthetic fuel, baby.

    44. Re:Ridiculous conclusion by Anonymous Coward · · Score: 0

      No, people will get rid of their politicians. It's cheaper, and easier.

    45. Re:Ridiculous conclusion by LienRag · · Score: 1

      Or most people will stop using cars as they do in civilized countries and use public transportation or walk/bike...

  8. Could be done doesn't mean will be done by Anonymous Coward · · Score: 0

    Too many political obstacles.

    1. Re:Could be done doesn't mean will be done by x0ra · · Score: 1

      Obstacles are physical, not political...

  9. Wishful thinking. by Anonymous Coward · · Score: 0

    The transition will probably be faster than the previous ones but ten years is a pipe dream.

  10. Adam Smith Utopianism by argStyopa · · Score: 1

    It simply won't happen until there is a compelling financial reason to do so.

    Market forces always, eventually, win.

    --
    -Styopa
  11. Not gonna happen. by ThatBeDank · · Score: 1

    https://xkcd.com/678/

    Fossil fuels will be here for the foreseeable future and then some.

    1. Re:Not gonna happen. by Anonymous Coward · · Score: 0

      Until all the oxygen has been used to burn them up. That's quite a lot. Unfortunately, breathing gets harder then for us. But plants like the CO2.

  12. Re:World without oil income to middle east is scar by Anonymous Coward · · Score: 0

    that same money that wont be there to finance terrorism abroad.

  13. I keep my cars for 10 years by Anonymous Coward · · Score: 0

    I often keep my cars for over ten years. When there is a compelling reason to replace, often operation costs, sometimes another driver is an idiot, I replace it with a car that I expect to last for over ten years.
    So for those of us that don't have an electric car (or tractor) and need more than a few hours of continuous operation, I say "phooey."

    1. Re: I keep my cars for 10 years by Anonymous Coward · · Score: 0

      I have no problem with you being inconvienced at the benefit of everyone else.

    2. Re:I keep my cars for 10 years by mrchaotica · · Score: 1

      My cars are 26, 20 and 18 years old and I have no plans to replace them (or at least, no plans to replace two of the three). If there are no more fossil fuels in 10 years, then I'll be running them on biofuel instead.

      --

      "[Regarding the 'cloud,'] ownership was what made America different than Russia." -- Woz

    3. Re:I keep my cars for 10 years by Anonymous Coward · · Score: 0

      You're a person so environmentalists don't care about you.

  14. Does phased out mean they won't ever burn? by thogard · · Score: 1

    If the Aussie brown coal industry shut down tonight, the natural fires that they have prevented would destroy centuries worth of fuel coal by the next of the next fire season.

    If coal isn't a useful resource, it isn't in anyone with money's interest to keep it from burning so natural fires will start and it will burn sometime in the future. That issue must be addressed.

    1. Re: Does phased out mean they won't ever burn? by Anonymous Coward · · Score: 0

      This is an important point, since it illustrates why all fossil fuels burned up before we ever had a chance to start using them.

    2. Re: Does phased out mean they won't ever burn? by FlyHelicopters · · Score: 1

      You think you're being cute, but either you really don't understand, or you choose not to.

      All the existing coal mines will require attention for some time to come, even if we stop mining, because we've opened up and uncovered coal veins that were blocked from the air for thousands/millions of years.

      It was human activity that started it, we can't just walk away from the mines and leave them alone, the coal would all end up on fire and burn anyway.

    3. Re: Does phased out mean they won't ever burn? by Anonymous Coward · · Score: 0

      No, we're not talking about the fires the Aussie coal industry has made possible. We're talking about the fires the Aussie coal industry has PREVENTED. As in the fires that would have happened, but didn't because of the coal industry. Take a moment to digest the stupidity of the statement I replied to before reviewing my sarcasm.

      In any case, this is a moot point because the coal industry has surely priced their product such that they have been able to set aside thenecessary funds for the safe decommissioning of their mines. They would not have pretended that coal is cheaper than renewables by skimping on that. Right?

  15. Deja Vu by fullback · · Score: 1

    I have a Time magazine from 1948 and the cover article said the same thing.

  16. This in the same vein as 'Post-scarcity economy' by Anonymous Coward · · Score: 0

    Yeah... not happening.

  17. Fossil Fuels - there's three of them. by Anonymous Coward · · Score: 0

    The three main fossil fuels are coal, oil, and natural gas. Coal is already being phased out except in China and India, and Coal power plants will probably be almost gone in under thirty years worldwide. Oil is used mostly in transportation (cars etc.). Most action in this area has been to reduce oil consumption rates by using more efficient drivetrains (including hybrids), but that transition won't approach oil-free. In the longer term, plug-ins will, but that seems to have barely started and given the lifespan of a car, it will probably take at least twenty more years. Natural gas on the other hand is mostly not decreasing. It used in dispatchable power plant to cover both demand variation and supply variation. Batteries could do this, but they are currently far from cost-effiective for this use. So maybe thirty years for that, too.

  18. Re:Adam Smith Utopianism by Feral+Nerd · · Score: 1

    It simply won't happen until there is a compelling financial reason to do so.

    Market forces always, eventually, win.

    I'm pretty sure that if your hose is burning you won't bide your time and wait until there is a bear market in the fire extinguisher business so you can secure a fire extinguisher at the lowest possible price, you'll pay any price asked for a fire extinguisher so you can keep your house from burning down.... but then again boil a frog slowly, yada, yada, yada... (it doesn't work on frogs but apparently it will work on some free market fundamentalists).

  19. Re:Adam Smith Utopianism by Anonymous Coward · · Score: 0

    Britain ended slavery throughout it's empire* in 1833. The government paid off the slave owners.

  20. Who he? by Archtech · · Score: 5, Insightful

    The author of the paper, Professor Benjamin Sovacool, is Director of the Sussex Energy Group at the University of Sussex. Confusingly, the University also describes him as "Professor of Energy Policy (SPRU - Science Policy Research Unit)". A brief search of the University of Sussex, University of Aarhus, and Wikipedia Web sites reveals that he has published a vast number of papers, given many, many talks and seminars, published books, received grants, and has a PhD in 'science and technology studies from the Virginia Polytechnic Institute & State University in Blacksburg, Virginia, where he won the “Outstanding Dissertation of the Year” award from the College of Social Sciences and Humanities'.

    Nowhere, however, can I find any information about Professor Sovacool's undergraduate degree discipline. From his published biographical details, he seems to have popped into existence at Virginia Polytechnic Institute & State University where he received his PhD - awarded, be it noted, by "the College of Social Sciences and Humanities".

    Until I learn to the contrary, therefore, I am assuming that Professor Sovacool is essentially a social science specialist who has ventured - very boldly indeed - into the topical, not to say fashionable, world of climate change, global warming, and general greenness. TFA tells us that, "In a paper published in the peer-reviewed journal Energy Research & Social Science, Professor Sovacool analyses energy transitions throughout history and argues that only looking towards the past can often paint an overly bleak and unnecessary picture".

    "Energy Research & Social Science". Hmmmmmmm. Professor Sovacool advances undeniably compelling (if not very scientific) arguments, such as this:

    "Moving from wood to coal in Europe, for example, took between 96 and 160 years, whereas electricity took 47 to 69 years to enter into mainstream use... Ontario completed a shift away from coal between 2003 and 2014; a major household energy programme in Indonesia took just three years to move two-thirds of the population from kerosene stoves to LPG stoves; and France's nuclear power programme saw supply rocket from four per cent of the electricity supply market in 1970 to 40 per cent in 1982".

    Well, there you have it. Clearly that evidence leaves no possible doubt that "[t]he worldwide reliance on burning fossil fuels to create energy could be phased out in a decade". To the satisfaction of any social science professor, anyway.

    http://phys.org/news/2016-04-f...

    --
    I am sure that there are many other solipsists out there.
    1. Re:Who he? by bazorg · · Score: 4, Informative

      Source: https://www.linkedin.com/in/be...

      Education
      Virginia Polytechnic Institute and State University
      Virginia Polytechnic Institute and State University
      PhD, Science & Technology Studies
      2003 – 2006

      Activities and Societies: Science Policy; History of Science and Technology; International Research; Science and Technology in Society.
      Wayne State University
      Wayne State University
      MA, Communication Studies
      2001 – 2003

      Activities and Societies: Rhetoric and argumentation
      John Carroll University
      John Carroll University
      BA, Philosophy
      1997 – 2001

    2. Re:Who he? by Anonymous Coward · · Score: 0

      Linkedin says:
      BA in philosophy, John Carrol University, 2001
      MA in communication, Wayne State University, 2003.

      And even if you mastered in the arts, you may have a point :-)

    3. Re:Who he? by Anonymous Coward · · Score: 0

      His Aarhus page has multiple tabs, one of which is a CV. According to it:
      Ph.D., Science and Technology Studies, Virginia Polytechnic Institute & State University, Blacksburg, VA.
      M.S./Graduate Certificates, Science Policy; History of Science and Technology; International Research; Science and Technology in Society; Virginia Polytechnic Institute & State University, Blacksburg, VA.
      M.A., Communication Studies (Rhetoric), Wayne State University, Detroit, MI.
      B.A., Philosophy and Communication Studies, John Carroll University, Cleveland, OH.

      He started more on the philosophy of science end of things, and moved towards policy. From Virginia Tech's site: Science and Technology Studies (STS) is a growing field that draws on the full range of disciplines in the social sciences and humanities to examine the ways that science and technology shape, and are shaped by, our society, politics, and culture. We study contemporary controversies, historical transformations, policy dilemmas, and broad philosophical questions. The graduate program in STS at Virginia Tech prepares students to be productive and publicly-engaged scholars, advancing research and making a difference.

      This doesn't necessarily invalidate his paper, though. Judges don't have to commit murder to make rulings on it.

    4. Re:Who he? by Anonymous Coward · · Score: 0

      So no background in science, just a Humanities background, leavened with Communications? Sounds like Rajendra Pachauri, who was the nonscientist head of the IPCC, who resigned in disgrace.

    5. Re:Who he? by Anonymous Coward · · Score: 0

      John Carroll is a Jesuit private uni, probably pretty good if unknown. Somebody want to check the ranking at the College Board?

  21. Re:World without oil income to middle east is scar by swb · · Score: 2, Insightful

    You might argue that it would solve their problems.

    If there was no demand for their product, the major world powers wouldn't quit injecting themselves into their affairs. With no income, they couldn't buy weapons. Without weapons, their ability to wage large-scale wars would drop off.

    The whole place might not be nice, but it would probably settle back to a patchwork of tribal areas generally stable because there was no means of consolidating power or enforcing minority governance.

  22. political challenges by fustakrakich · · Score: 1

    That is the only issue. Everything else is trivial by comparison.

    --
    “He’s not deformed, he’s just drunk!”
    1. Re:political challenges by Anonymous Coward · · Score: 0

      Well, that and cost. And physical manufacturing. And transportation. And installation. And wiring. And maintenance.

    2. Re:political challenges by Kohath · · Score: 1

      And there are no alternative fuels for airlines. No one even has a serious proposal for any.

    3. Re:political challenges by Anonymous Coward · · Score: 0

      Planes (including long distance) can be electric. Elon musk worked out that current battery energy density is almost good enough, so electric planes will be possible in a few years. He is busy with some other hobbies right now, but that doesn't mean someone else can't do it.

    4. Re:political challenges by lgw · · Score: 1

      And I doubt this social science professor has ever even considered "smelting".

      --
      Socialism: a lie told by totalitarians and believed by fools.
    5. Re:political challenges by Anonymous Coward · · Score: 0

      Perhaps airlines aren't the way of the future. Dirigibles and trains. All modern trains are electric; they just have big honking diesel power plants. Replace those with nuclear power plants.

      I'll go back to my steampunk fiction now....

    6. Re:political challenges by Kohath · · Score: 1

      Energy density calculations that almost work out aren't a commercial aircraft engine.

    7. Re:political challenges by fustakrakich · · Score: 1

      Well, that and cost.

      Only in regard to human effort involved. Mechanization will keep the costs down. The more the merrier.

      --
      “He’s not deformed, he’s just drunk!”
    8. Re:political challenges by compro01 · · Score: 1

      Synthetic carbon-neutral jet fuel produced from hydrogen and CO2 is a possibility.

      The US Navy is currently working on it.

      --
      upon the advice of my lawyer, i have no sig at this time
    9. Re:political challenges by Anonymous Coward · · Score: 0

      Uh, typing "biofuels for aircraft" into an internet search engine has LOTS of hits.

      And there is this video from 2009... Yes, last decade.

      https://www.youtube.com/watch?v=_oV6mfORxtI

      Seriously???

    10. Re:political challenges by Anonymous Coward · · Score: 0

      Biofuels pollute more than fossil fuels.

  23. Re:Adam Smith Utopianism by Anonymous Coward · · Score: 0

    Does this fantasy in the article include transportation as well? Who's going to subsidize everyone to all buy electric cars and trucks (which aren't even on the market yet) and convert all of the cross-country trains to electric and build all electric airplanes?

  24. Re:World without oil income to middle east is scar by fustakrakich · · Score: 1

    The wars will be pretty small if they can no longer afford to buy the mass weaponry they are importing.

    --
    “He’s not deformed, he’s just drunk!”
  25. the article has a point by phantomfive · · Score: 1
    Here are some examples from the article:

    For example, Ontario completed a shift away from coal between 2003 and 2014; ... and France's nuclear power programme saw supply rocket from four per cent of the electricity supply market in 1970 to 40 per cent in 1982.

    So with a little political will, large changes can be made to our electricity generation system rather quickly. It would mean embracing nuclear, though.

    --
    "First they came for the slanderers and i said nothing."
    1. Re:the article has a point by Anonymous Coward · · Score: 0

      It would mean embracing nuclear, though.

      But climate hypocratism.

    2. Re:the article has a point by Nutria · · Score: 1

      What did Ontario shift to between 2003 and 2014? I'm betting some other form of fossil fuel.

      and France's nuclear power programme was "just" another form of generating steam for the same kind of turbines used in the past.

      Renewable don't do that.

      --
      "I don't know, therefore Aliens" Wafflebox1
    3. Re:the article has a point by phantomfive · · Score: 1

      Renewable don't do that.

      That's true, but the article isn't saying we have to shift to renewables.

      What did Ontario shift to between 2003 and 2014? I'm betting some other form of fossil fuel.

      From what I understand, they're mostly nuclear. (Seriously, it took me five minutes to find that on Google, you could have done it).

      --
      "First they came for the slanderers and i said nothing."
    4. Re:the article has a point by Nutria · · Score: 1

      From what I understand, they're mostly nuclear.

      Unless there was an unused nuke plant just sitting around doing nothing (or a new plant was brought online), where did that replacement capacity come from?

      Of course, seeing that nuke+hydro is 94+% of their generation, maybe coal wasn't that important to Ontario to begin with.

      --
      "I don't know, therefore Aliens" Wafflebox1
    5. Re:the article has a point by phantomfive · · Score: 2

      Unless there was an unused nuke plant just sitting around doing nothing (or a new plant was brought online), where did that replacement capacity come from?

      Wow, if only there were a global search engine brimming with information, waiting for you to type in a query. I'll bet you could find the answer to that, if such a thing existed.

      --
      "First they came for the slanderers and i said nothing."
    6. Re:the article has a point by Nutria · · Score: 1

      If only I were motivated to.

      --
      "I don't know, therefore Aliens" Wafflebox1
    7. Re:the article has a point by Anonymous Coward · · Score: 0

      "(Seriously, it took me five minutes to find that on Google, you could have done it)."

      Thanks I didn't want to spend the time looking for it, but I got you to do it for me ;)

    8. Re:the article has a point by drinkypoo · · Score: 1

      It would have been easier, and given the posting delay, taken less time than telling us how unmotivated you are. I propose that you are highly motivated to be snarky. Maybe you should channel that into something else, like google searches.

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  26. not possible, because it already takes longer by Anonymous Coward · · Score: 0

    For example, take electric cars. The switch cannot be done in one decade, because we have already working on that technology for 70 years.
    https://en.wikipedia.org/wiki/History_of_the_electric_vehicle

    But, yes, we're closing in on mass deployment. That simple step can be completed, but only after the technology is sufficiently advanced.

    1. Re:not possible, because it already takes longer by Attila+Dimedici · · Score: 1

      You may want to check your math. We have been working on electric cars for closer to 170 years than 70 years. Electric vehicles started being developed only a short time after development of internal combustion energy devices.

      --
      The truth is that all men having power ought to be mistrusted. James Madison
  27. certainly by fche · · Score: 1

    There's no doubt that we will soon reach a point wherein solar and wind will be readily available and feasible to the vast majority

    If "feasible" means "economical", there is definitely doubt - each bit of government subsidy & market distortion is concrete proof of that.

  28. Sounds great... except... by FlyHelicopters · · Score: 2

    But it would take a collaborative, interdisciplinary, multi-scalar effort to get there, he warns.

    Uhh, that isn't a minor speed bump, that is Olympus Mons on Mars sized speed bump...

    To actually do it would require that we actually buy up and destroy most of the gas powered cars on the roads, since more than half of them are used longer than 10 years.

    We'd have to shut down and destroy trillions of dollars worth of industry around the world, from oil refineries to coking coal plants that make steel, to natural gas powered appliances, etc. (in my home along, my water is heated, my food is cooked, and my home is heated with natural gas, it would cost tens of thousands of dollars to replace all that with electric).

    We would somehow have to get all the nations of the world on the same page. You know, the same ones that are at war right now, declared and undeclared, the ones that fly jets 30 feet over our warships, the ones wanting to expand ISIS, and the ones building islands in the South China sea.

    If you wanted to avoid nuclear, you'd also somehow have to build an international power grid and allow nations to become dependent on other counties for power. That may work for Denmark and Sweden, but do you really think South and North Korea are going to get along? How about the US and Mexico? Israel and everyone else...

    ---

    The "think tank" either just wants money to write more pointless "reports", or they are smoking crack... Both are sad...

  29. It all depends on whether we have to change grids by Applehu+Akbar · · Score: 2

    All of the fast changes of electrical supply cited in the article were moves from one baseload source to another. But if you want to move from baseload to renewables (other than the lone baseload renewable, hydro) we will need a new grid. The envisioned upgrade, "Smart Grid" would be able to match fluctuating supplies with continually monitored and controlled loads. Yes, you will have to give your utility power to continually monitor your electrical demand and be able to switch your major appliances on and off to match the changing supply of sun and wind. Changing over to this grid will cost a few teradollars.

    The very first small step in upgrading to Smart Grid is Smart Meter, the first generation of which continually monitors load for each user, but does not have the control component. In my town the hippie moms have already protested away Smart Meter on grounds that they "emit radiation" by which they mean use cellular data chips to send their readings to the utility. So around here anyway, the flat-earth lobby has already eaten its own proposed solution.

  30. Coal provides 33% of the US electricity generation by Anonymous Coward · · Score: 1, Informative

    As of 2015, 33% of the United States' electricity was produced from coal.

    Coal might not be used as much as it once was, but it's still among the dominant energy sources in the US and many other nations.

    In many regions we didn't really see a shift away from coal. Instead of the coal being directly used on-premise to heat buildings, it was centralized at large coal burning plants. The plants would then provide the coal-derived energy to power the electrical heating of these buildings.

    This is what we're seeing with electrically powered vehicles, too. The end user only thinks they're using electricity, often not realizing that this energy came from burning coal. They think they're being "green" when they're indirectly powering their vehicles using coal!

  31. ... I know...right... by XMadtowner · · Score: 1

    I so saw this coming. Started saving my pile of banana peels in my kitchen corner so I can stuff them in my "Mr. Fusion" powered flying car we'll all have when this comes to be... right? DERP.

  32. Could they? by rdelsambuco · · Score: 1

    I suppose so. I mean, space aliens could land in my back yard tomorrow, and that's even less likely.

    --
    I comment occasionally so that I can mod others -1 overrated or -1 offtopic.
  33. A lot of those things are already electric by Anonymous Coward · · Score: 0

    Quite a bit of large machinery is diesel electric. If someone came up with a way to replace those engines, they would jump on it. Even at today's relatively cheap prices, fuel is still a huge cost. If the tech existed where those diesel engines and generators could be replaced by solar cells or something, the rail road industry would on it in a heartbeat. It's not just fuel costs it's also maintenance costs too.

    The same goes for those earth moving equipment.

    My point is that changing over isn't as a big a deal as everyone thinks.

    1. Re:A lot of those things are already electric by Anonymous Coward · · Score: 0

      "My point is that changing over isn't as a big a deal as everyone thinks."

      "If the tech existed where those diesel engines and generators could be replaced by solar cells or something"

      LOL. You idiot. Solar cells?

  34. Re:World without oil income to middle east is scar by ShanghaiBill · · Score: 5, Interesting

    Things are unstable enough as it is in that territory. Matters could get a lot worse if they lose their only major source of income.

    The Middle East is unstable because of the oil wealth. Most terrorism comes from the wealthiest ME countries, not the poorest. If a government gets most of its wealth from oil, it has little need to be concerned about the welfare or aspirations of the people, other than to just keep them under control. So you get a corrupt and repressive elite, and seething resentment from the population. Saudi Arabia is the worst case, and has bred the most terrorists, including Osama bin Laden, and 15/19 of the 911 hijackers.

  35. Phys.org??? by edibobb · · Score: 1

    Here's the article: http://www.sciencedirect.com/s...

  36. Oil Price Gluts by catchblue22 · · Score: 4, Interesting

    The recent price crash of oil was caused by a supply glut of 2 million barrels per day. According the the studies referenced here, if electric vehicle growth continues at the rate we have seen in recent years, electric vehicles will in and of themselves create their own oil demand glut of 2 million barrels by 2023. I wouldn't want to own oil stocks when that happens.

    --
    This and no other is the root from which a tyrant springs; when first he appears as a protector - Plato (423 to 327 BC)
    1. Re:Oil Price Gluts by Anonymous Coward · · Score: 1

      We pay very high taxes on fuel here in Europe, the taxes are many times larger than the actual fuel production cost and are usually a fixed amount, not a percentage of the fuel cost, so large changes in crude oil prices only have a very small effect on consumer fuel prices in Europe.

    2. Re:Oil Price Gluts by catchblue22 · · Score: 1

      We pay very high taxes on fuel here in Europe, the taxes are many times larger than the actual fuel production cost and are usually a fixed amount, not a percentage of the fuel cost, so large changes in crude oil prices only have a very small effect on consumer fuel prices in Europe.

      Yeah, but the oil companies won't be making much money when the real prices drop. The recent glut has pretty much destroyed the Canadian tar sands industry. I would say that owning companies whose primary assets are oil extraction rights is a dangerous proposition over the coming decades.

      --
      This and no other is the root from which a tyrant springs; when first he appears as a protector - Plato (423 to 327 BC)
    3. Re:Oil Price Gluts by AchilleTalon · · Score: 0

      How do you believe you are going to produce the electricity required by the electric vehicles? Being electric is not some kind of magic. You have to produce this electricity somehow. A large chunk of worldwide electricty is produced using fossil fuels: Oil, gas and coal.

      --
      Achille Talon
      Hop!
    4. Re:Oil Price Gluts by Eunuchswear · · Score: 0

      Maybe you might thing about READING THE FUCKING ARTICLE?

      Hey, slashcode, fuck you very much. I know using caps is like yelling. I'll yell when I want to yell, OK?

      --
      Watch this Heartland Institute video
    5. Re:Oil Price Gluts by Lumpy · · Score: 1

      Too bad they did not cover that in the article.....

      Oh wait...... they did.....

      Huh, I wonder how you missed that bit of information.

      --
      Do not look at laser with remaining good eye.
    6. Re:Oil Price Gluts by catchblue22 · · Score: 1

      How do you believe you are going to produce the electricity required by the electric vehicles? Being electric is not some kind of magic. You have to produce this electricity somehow. A large chunk of worldwide electricty is produced using fossil fuels: Oil, gas and coal.

      (a) Producing electricity from fossil fuels at large thermal generating plants and using that electricity to move a car is far more efficient than burning gasoline in a car to make a car move

      (b) The electricity system is likely to be powered increasingly by renewable sources of energy in the future.

      --
      This and no other is the root from which a tyrant springs; when first he appears as a protector - Plato (423 to 327 BC)
    7. Re:Oil Price Gluts by WinstonWolfIT · · Score: 1

      The glut is primarily Saudi politics attempting to economically weaken Iran, coupled with Iran's exit from sanctions driving down futures. This is having the temporary effect of shutting down some oil production.

    8. Re:Oil Price Gluts by blindseer · · Score: 1

      (a) Producing electricity from fossil fuels at large thermal generating plants and using that electricity to move a car is far more efficient than burning gasoline in a car to make a car move

      That may be true but electric cars are expensive, have shorter range, and much longer recharge/refill times than gasoline. All of those combine to make electric vehicles very unattractive.

      (b) The electricity system is likely to be powered increasingly by renewable sources of energy in the future.

      You mean like nuclear? Anything else has a higher cost, higher carbon footprint, or both. Well, except perhaps hydro but we ran out of rivers worth a dam a long time ago.

      --
      I am armed because I am free. I am free because I am armed.
    9. Re:Oil Price Gluts by Anonymous Coward · · Score: 0

      That may be true but electric cars are expensive,

      True, but before long they will be cheap enough that I will save enough gas money to make that moot.

      have shorter range,

      I rarely drive more than 100 miles in a single day, never mind continuously.

      much longer recharge/refill times than gasoline.

      Also true, but when my car spends more than half of each day in my garage I could care less.

    10. Re:Oil Price Gluts by dbIII · · Score: 1

      You mean like nuclear? Anything else has a higher cost

      Not unless some untried designs are actually built and actually work perfectly first time :(

    11. Re:Oil Price Gluts by AutodidactLabrat · · Score: 1

      Production costs are tax subsidized in the form of the permanent occupation army in the M.E. to keep the oil flowing
      Don't whine about your taxes "in excess of production (and shipping!) unless you are ready to pay America for that $300 billion per year!!
      Plus the 3 trillion for Oilwars I and II in Iraq. Plus interest. Call it 26.00 Euro per litre if the real costs are paid at the pump

    12. Re:Oil Price Gluts by Anonymous Coward · · Score: 0

      That may be true but electric cars are expensive, have shorter range, and much longer recharge/refill times than gasoline. All of those combine to make electric vehicles very unattractive.

      Chevy Bolt has a 200+ mile range, 200hp all electric car for $40k($30k after tax credit). Drop the price 30% and increase the range 75%, and it has replaced gasoline cars. Seeing that all electric vehicles were about 60 mile ranges for $60k not many years back, this will probably happen soon(tm). The bigger issue is charge times and grid load.

    13. Re: Oil Price Gluts by slazzy · · Score: 2

      Electric cars are still a good step in the right direction. Half the problem solved is better than none.

      --
      Website Just Down For Me? Find out
    14. Re:Oil Price Gluts by catchblue22 · · Score: 1

      That may be true but electric cars are expensive, have shorter range, and much longer recharge/refill times than gasoline. All of those combine to make electric vehicles very unattractive.

      Have you seen the Tesla Model 3? $35000 US. Beautiful design. 215 mile range in base model. Honestly I think your talking points were written before the Model 3 was revealed. Don't worry, I'm sure your oil financed PR agency is working on new talking points. They are probably being tested on focus groups right now.

      --
      This and no other is the root from which a tyrant springs; when first he appears as a protector - Plato (423 to 327 BC)
    15. Re: Oil Price Gluts by Anonymous Coward · · Score: 0

      Some people will purchase magnet motor and wind and solar powered cars, but not me. I might consider CNG if the refueling was more ubiquitous. I don't see another viable fuel source competively priced for transportation.

    16. Re: Oil Price Gluts by catchblue22 · · Score: 1

      Some people will purchase magnet motor and wind and solar powered cars, but not me. I might consider CNG if the refueling was more ubiquitous. I don't see another viable fuel source competively [SIC] priced for transportation.

      If you own a house, then all you need is a dryer plug in your garage. Plug it in at night and you have your own home gas station. One day, most parking lots will have plugs, so you can charge at work. As for cost, charging a 90kWh tesla would cost 90 x 0.135 = $12.15 per charge at most. That would give you a driving range of about 280 miles. That is unambiguously cheaper than gasoline, even at today's prices.

      --
      This and no other is the root from which a tyrant springs; when first he appears as a protector - Plato (423 to 327 BC)
    17. Re:Oil Price Gluts by RockDoctor · · Score: 1

      (a) Producing electricity from fossil fuels at large thermal generating plants and using that electricity to move a car is far more efficient than burning gasoline in a car to make a car move

      "Far more efficient"? A large fossil fuel plant is in the 30s of % of efficiency. Car engines are slowly climbing into the 40s. By the time you factor in transmission losses, there's not a lot of difference.

      There are plenty of good arguments for switching transportation from fossil fuels to electrical systems, but that's not a very good argument.

      --
      Birds are not dinosaur descendants;birds are dinosaurs, for all useful meanings of "birds", "are" and "dinosaurs"
  37. Re:World without oil income to middle east is scar by Nutria · · Score: 3, Insightful

    With no income ...

    what little economies they do have will collapse and that huge population of unemployed young people will go somewhere, bringing their Wahhabism with them.

    --
    "I don't know, therefore Aliens" Wafflebox1
  38. Sad by Zorak30 · · Score: 1

    When I went to school back in 2000 I was taught the world would be out of oil by 2016. So when I hear scientist complain about resources drying up I don't believe them. That is what happens when you make predictions you don't know are true.

    1. Re:Sad by Nutria · · Score: 1

      When I went to school back in 2000 I was taught the world would be out of oil by 2016. So when I hear scientist complain about resources drying up I don't believe them.

      The first question to ask is, "What class was that taught in?"

      Second question, "Did the author of that textbook have expertise in that subject?"

      If it was in some pansy "Environmental Science" class, I'd bet hard money that it wasn't written by a petroleum geologist.

      --
      "I don't know, therefore Aliens" Wafflebox1
  39. Re:fossil fuels could be stopped right now by MightyMartian · · Score: 1

    Scientific pseudoskepticism coupled with conspiracy theories. David Icke met Roy Spencer, and you're the product of that unholy union,.

    --
    The world's burning. Moped Jesus spotted on I50. Details at 11.
  40. I'd like to teach the world to sing by epine · · Score: 4, Funny

    At a level of global cooperation never before achieved by the human race, on a project vastly more expensive than any project previously undertaken by any nation state (or supranational governing body) humanity could achieve X in Y years for Z dollars—where the precise value of X is pretty much irrelevant, since it surely won't happen in less than Y*3 years and Z*10 dollars, in the unlikely event it happens at all.

    What Coke promised: "I'd like to teach the world to sing".

    What Coke delivered: global BMI inflation & Texas-sized land yachts.

  41. Sure... at a cost. by aaarrrgggh · · Score: 1

    Over the last 5-10 years you have had a large number of power plants re-powered from oil to natural gas and from once-through cooling to cooling tower operation. I could be way off on my numbers, but I believe the cost is around $1MM/MWh typically, and generally amortized as a 30 year investment. So, in order to pay off those expenses, you are looking at whatever the existing (wholesale) cost of electricity is, and adding the cost of new renewable sources to it (roughly triple the wholesale cost amortized out). In addition, you need to add effective peaking capacity back in, which right now is sodium batteries.

    The wholesale energy cost today is $0.03, give or take, so you would see energy costs go up by about $0.20/kWh to make it happen. In California this would be a retail cost of around $0.30/kWh compared to a blended $0.15 today.

    Which seems kind of manageable. It would really suck for people with McMansions in Texas that currently have $3-400/summer month electricity bills seeing it go up to $6-800 per month... but market factors should push a solution.

    The problem, which the electrical utilities are all painfully aware of, is that at such a point, what is their value-add? Would you see a mass exodus from the grid? (If so, would people just run a crappy little genset on days without adequate sun, making matters worse?) Whomever is left on the grid at that point is going to see costs closer to $1/kWh which is not viable in terms of investments that go out 30 years.

    So, the alternative becomes letting the generators go bankrupt and/or bailing them out in order to get the costs off the books quickly. Then you need to bail out the consumers who made poor decisions relative to the previous utility assumptions. Oh, then you need to bail out cities, since they won't have enough land area for renewable resources to make them self-sufficient... so they are disproportionately impacted.

    I think it can and should be done, but the horizon is likely closer to 20 years, and we need to get new nuclear plants permitted now and completed within 10 years. It is likely the only thing that would make financial sense. Less developed nations could be able to do it in an economically viable manner faster with the right technologies.

    1. Re:Sure... at a cost. by Anonymous Coward · · Score: 0

      "$1MM/MWh" as in $1/Wh? Did you really just mix "MM" = 10**6 and "M" = 10**6 in the same unit? What madness is this?

    2. Re:Sure... at a cost. by aaarrrgggh · · Score: 1

      :)

      Can't make myself write $1M; it is like $1k... Nonsensical (financial) units...

  42. Re:Adam Smith Utopianism by Nutria · · Score: 1

    The government paid off the slave owners.

    There's a smidge more ICE vehicles than there were slaves.

    --
    "I don't know, therefore Aliens" Wafflebox1
  43. Re:Adam Smith Utopianism by MightyMartian · · Score: 2

    Enter the carbon tax. Price emissions for their actual costs they incur. You know, the free market solution.

    --
    The world's burning. Moped Jesus spotted on I50. Details at 11.
  44. Re:Adam Smith Utopianism by DogDude · · Score: 1, Insightful

    It simply won't happen until there is a compelling financial reason to do so.

    You're right. If the US government stopped it's massive oil and gas subsidies, the economy would swing toward renewables quickly.

    --
    I don't respond to AC's.
  45. Re:Coal provides 33% of the US electricity generat by Anonymous Coward · · Score: 1

    >They think they're being "green" when they're indirectly powering their vehicles using coal!
    burning coal in an plant, and using its electricity in a battery-operated vehicle is more environmentally friendly than using petrol, and it does allow using solar or wind or other future power to drive the vehicles.

  46. Amazing. by Anonymous Coward · · Score: 0

    I can't even post a reply, such navel-contemplating are the comments here. It's not even redneck level -- more like Mr. Burns doing an AMA.

    Let's talk about steam engines, shall we? Reminds me of that Monty Python sketch: "Come back here! I'll bite you to death!"

  47. Re: Coal provides 33% of the US electricity genera by mspohr · · Score: 2

    An EV powered by coal emits less pollution than an oil powered car. Plus, as more renewables come online, the EV becomes more efficient.

    --
    I don't read your sig. Why are you reading mine?
  48. One thing to remember , by nult · · Score: 1

    BIGGGG emphasis on "Could be"..!!

    1. Re:One thing to remember , by Citizen+of+Earth · · Score: 1

      We "could" shut down all fossil fuel in the next hour, if we really wanted to.

  49. Re:It all depends on whether we have to change gri by aaarrrgggh · · Score: 1

    If you want to know how that works, look back at California's electric market deregulation in 2000/2001. Real time pricing is unfortunately very easy to game.

  50. Re:Adam Smith Utopianism by Citizen+of+Earth · · Score: 1

    And what if your house *isn't* burning? Do you still by a $40k fire extinguisher to put it out?

  51. Re:Sounds great... except... by ExecutorElassus · · Score: 2

    Rolling Stone, of all places, had an excellent analysis of the rather simple and brutal math behind such a transition. Simply put, there are about thirty trillion (ie, 10^12) US Dollars worth of hydrocarbons in the ground. Those hydrocarbons count as assets on the balance sheets of the richest companies on earth. Avoiding a 2-degree C global average temperature increase requires leaving about $20T of those reserves in the ground, forever. That is, you would have to get the richest companies in the world, all together, to write off a loss five times the size of the one that triggered the subprime mortgage implosion in 2008.

    The scary thing is, in the long run, that's the cheaper alternative.

  52. Re:Sounds great... except... by Anonymous Coward · · Score: 0

    If you wanted to avoid nuclear

    It's not like we want to avoid it, peak nuclear production is expected around 2030 to 2040. Not much energy left in there, especially considering that nuclear energy usage worldwide doesn't reach 15% of total output, where two thirds are oil and gas.

  53. Re:Sounds great... except... by FlyHelicopters · · Score: 1

    It's not like we want to avoid it, peak nuclear production is expected around 2030 to 2040.

    Don't be silly, that is just counting existing refined stockpiles.

    Between actually bothering to mine for more uranium and using breeder reactors to make plutonium, we could make 100% of our power from nuclear for a long time if we wanted to.

    We simply don't want to.

  54. Could be != shall or will by gurps_npc · · Score: 3, Interesting

    This demonstrates a POSSIBLE answer. Right now we don't think the situation is anywhere near bad enough to warrant the major problems caused by the proposed solution.

    Far more likely is the complete removal of all coal plants, replaced by green technology. Combine that with a cessation of building fossil fuel burning cars, and you have a major shift.

    While not as good as the possible solution from the actual post, this is a far more likely one, and would still surprise most people. The benefits would take a while to appear, but they would be real.

    --
    excitingthingstodo.blogspot.com
    1. Re:Could be != shall or will by Tony+Isaac · · Score: 1

      No, it's not even possible. After decades of trying, we haven't even been able to get rid of coal yet!

      There are a lot of people who make a lot of money on oil. There are entire countries that depend on oil for their budgets. They aren't going to go away without a fight.

      The average age of cars on the road today is more than 11 years old. Even if car makers stopped making gas-powered cars today, it would be more than ten years before people switched to some other power source.

      It takes years and billions of dollars to build new power plants. Do they really think these will all be scrapped and rebuilt in a decade?

      Clearly, these think-tank people need to get out of their tank and look out the window. Their ideas are not based on reality.

  55. Re:Coal provides 33% of the US electricity generat by catchblue22 · · Score: 1

    The coal industry is crashing. Peabody coal, the largest coal company in the US just went bankrupt. The reason: competition from renewables and cheaper LNG, and dropping Chinese demand. China has a huge air pollution problem caused primarily by coal generation. They are moving to renewables in a big way.

    --
    This and no other is the root from which a tyrant springs; when first he appears as a protector - Plato (423 to 327 BC)
  56. Re:Coal provides 33% of the US electricity generat by AchilleTalon · · Score: 1

    Who cares? The point about TFA is all fossil fuels would be gone in a decade. Which I believe is just a load of bullshit. It is not going to happen within a decade for sure.

    --
    Achille Talon
    Hop!
  57. How your world works by iggymanz · · Score: 1

    If the 120 or so wealthy men with governments in their pockets who mostly rule commerce on this world agree, and they can be on board to receive the profits, then this would happen.

  58. Degree? by JimSadler · · Score: 1

    We may be about to find out to what degree the oil and coal industries own governments. You can bet that big oil and big coal will play every evil card on the bottom of the deck to maintain their grip on your wallet. Then again with an out of control world population problem exploding in our faces we may be using human bodies as fuel to run power plants.

  59. Re:Sounds great... except... by Anonymous Coward · · Score: 0

    But it would take a collaborative, interdisciplinary, multi-scalar effort to get there, he warns.

    Uhh, that isn't a minor speed bump, that is Olympus Mons on Mars sized speed bump...

    To actually do it would require that we actually buy up and destroy most of the gas powered cars on the roads, since more than half of them are used longer than 10 years.

    Yep, my car is 10 years old and I fully intend to keep it for another 10. I see quite a number of cars on the road that are nearly 20 years, the mid 90's produced a lot of reliable cars.

    We'd have to shut down and destroy trillions of dollars worth of industry around the world, from oil refineries to coking coal plants that make steel, to natural gas powered appliances, etc. (in my home along, my water is heated, my food is cooked, and my home is heated with natural gas, it would cost tens of thousands of dollars to replace all that with electric).

    My house would not only need a vastly larger electrical feed and new appliances but the power lines at the street would need to be upgraded as well. My old roof is not likely going to be able to support the load of PV panels nor do I have a large southern facing section of roof and I'd have to cut down all of the trees that provide me shade for much of the year, which would just drive up my A/C usage.

  60. Re:Coal provides 33% of the US electricity generat by pixelpusher220 · · Score: 4, Interesting

    [coal] is still the dominant energy source in the US

    Natural gas surpasses coal for electricity generation, July 2015

    Now just for a month, but coal has been declining in it's percentage.

    in 2010 coal was 50%. Dropping to 30% in just 5 years? that's not a 'dominant' player, that's a dead albatross on it's way down.

    --
    People in cars cause accidents....accidents in cars cause people :-D
  61. Re:Coal provides 33% of the US electricity generat by Anonymous Coward · · Score: 0

    The reason: competition from renewables and cheaper LNG, and dropping Chinese demand.

    Let me fix that;

    forced market purchase of heavily subsidized renewables and cheaper LNG, and dropping Chinese demand.

    cheap LNG being by far the biggest factor.

  62. Re:World without oil income to middle east is scar by Anonymous Coward · · Score: 0

    I don't think you understand how this works. They won't go somewhere. They will die.

  63. Re:World without oil income to middle east is scar by swb · · Score: 2

    I question that thesis.

    These countries have by and large been economic backwaters forever and its required basically a state of war and anarchy in Syria for several years to kick off a major wave of migration. End the fighting and you end most of the migration. The oil economies of most of these countries don't do a lot to help the man in the street anyway, they largely depend on general internal economic activity for subsistence.

    Plus you have to figure that the Europeans won't tolerate much more migration as it stands. They already agreed to let Erdogan run a fascist dictatorship in exchange for letting them repatriate people who leave from there. A lot of central European countries have unilaterally closed their borders and fenced them off, any significant increase in migration will result in political changes that endorse not just closed borders, but the use of deadly force to keep people out, forced repatriation and so on.

  64. Long road trips by fluffernutter · · Score: 1

    So within the next decade people going on long road trips are going to put up with traveling 80 miles at a time, parking for over an our to recharge in between ASSUMING there is a free power station as they arrive? I can't see it.

    --
    Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    1. Re:Long road trips by fluffernutter · · Score: 1

      Keep in mind, if you live in a cold climate it is more likely to be closer to 60 miles.

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    2. Re:Long road trips by Lumpy · · Score: 1

      Considering that tesla cars right now go well beyond that... I'd say no.
      considering that rapid charging stations take 15 minutes and not one hour? I'd say no, but even IF it did take 1 hour with current 250-300 mile range the people in the car would want to stop for 1 hour during the charge to eat, go to the bathroom, etc... at least normal people do that, maybe some of the more wierd types prefer to spend hours on end inside a car never stopping.

      You might want to actually learn something about the current electric cars and their capabilities.

      Note: the Leaf is a "citycar" designed to never leave the city and designed to be very small for running around town, NOT for driving on the open highway... I know exactly what strawman you were trying to use.

      --
      Do not look at laser with remaining good eye.
    3. Re:Long road trips by fluffernutter · · Score: 1

      Ok, I'll claim ignorant ass. Even still, having to stop every 300 miles.. Getting the kids out, getting the kids in, telling them no a hundred times.. that's going to get tiresome. I'll be fine though if what you say is true and they approach the time-efficiency of a gasoline engine. Maybe they compare now? To be fair, I don't know the miles on an average passenger car tank. It has been a long time since I have done a road trip.

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    4. Re:Long road trips by DogDude · · Score: 1

      Jeez. An annoying road trip, compared with hundreds of thousands of people not dying every year due to pollution. What a small-minded, selfish little person you are.

      --
      I don't respond to AC's.
    5. Re:Long road trips by fluffernutter · · Score: 1

      Really? Because from what I'm reading, the overall carbon footprint of electric vehicles is only a shade better than gas powered vehicles if you consider their manufacturing. For that you expect me to sacrifice my right to make the purchase that is right for my family? Electric cars get a small bonus if they are actually better for the environment, but while my family feels the more of the strains of surviving in a capitalist system year over year, we're not going to make a purchase unless it makes sense in a capitalist system, thanks. When it is time for my family to purchase a new vehicle, we only get one purchase and I take many factors into consideration when I make that purchase. I do want to do what is good for the environment, but if you expect people to abandon all sense of practicality when they're spending close to half a year's salary on average.

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    6. Re:Long road trips by fluffernutter · · Score: 1

      Let's be clear here. I'm talking about the ability to either go on a vacation or not. I only get so many days off and extending the length of the drive time-wise rapidly reduces where I can practically travel. A 2 day car ride now becomes a 4 day and you're traveling for over a week.

      --
      Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
    7. Re:Long road trips by goose-incarnated · · Score: 1

      but even IF it did take 1 hour with current 250-300 mile range the people in the car would want to stop for 1 hour during the charge to eat, go to the bathroom,

      Doesn't scale. Current garage forecourt on my vacation route manages to service +2000 cars/hr. Cars fill up (5m), then owners parks it in a lot somewhere so they can have their 30m break (lunch, bathroom, whatever). I'd like to see the lot that supplies fast-charge current to 2000 cars/hr.

      It's nice in theory, but it only works if a fraction of the travelers need to charge *AND* those travelers want to have a 60m break. Most travelers don't stop for more than 30m, if that.

      --
      I'm a minority race. Save your vitriol for white people.
  65. Re:Adam Smith Utopianism by reboot246 · · Score: 2

    You clearly don't know anything about subsidies. Look it up; they're not nearly as big and bad as you imagine.

    They are a drop in the bucket compared to the economy, and aren't really big enough to affect prices the way you think.

  66. Not going to happen in this decade by frnic · · Score: 1

    I did not read the article - this is Slashdot after all.

    But, start with in the US alone there are about 275 million cars and trucks on the road in the US alone. That means replacing over 27 million of them each year. That means everyone driving a car can afford to replace it.

    Net step is replacement of the infrastructure to deliver fuel conveniently to 275 million vehicles.

    Next step replacing the OTR trucking industry with something powered some other way.

    Next step, replacing 39% of our (US) power generation using coal. The past 10 years we have replaced 10%

    Replacing super tankers drive systems and super tankers. And remember these tankers are expensive and the ROI is based on more than 10 years service, someone will take a heck of a beating.

    Converting to a different energy source is what we need to do, and we need to start seriously NOW. But, to much money, to much infrastructure, and too much investment to replace in just 10 years.

    1. Re:Not going to happen in this decade by mdsolar · · Score: 1

      I was interested to learn that junking tankers contributes to a glut of steel in a transition. Those worried that wind power needs lots of steel may have missed how much fossil fuels use. https://slashdot.org/journal/2...

  67. Re:Adam Smith Utopianism by Lumpy · · Score: 1

    Yes because its a new shiny and if I have a new one I impress my neighbors.

    American buying public is already that fickle, so yes they absolutely will.

    --
    Do not look at laser with remaining good eye.
  68. Re:Adam Smith Utopianism by BlueStrat · · Score: 2

    Enter the carbon tax. Price emissions for their actual costs they incur. You know, the free market solution.

    A couple things.

    First, government-imposed "social engineering" taxes such as a carbon tax are anything *but* "free market" and are nearly polar opposites.

    Second, such a tax would impact lower-income people hugely more than wealthier people both directly and through increases in their cost of living. The "1-percenters" won't hardly notice, but lower income people will pay a much larger percentage of their income, drastically affecting their ability to house, clothe, feed, and prevent themselves from freezing to death in winter and dying from heat in summer.

    Why do you hate lower-income people struggling to survive?

    Strat

    --
    Progressivism (aka US 'Liberalism'): Ideas so good they need a police/surveillance-state to enforce.
  69. Re:Adam Smith Utopianism by lgw · · Score: 1

    I'm pretty sure that my house isn't burning, no matter what excuse those who love a powerful government want to deceive me into giving the government more power.

    --
    Socialism: a lie told by totalitarians and believed by fools.
  70. Consider the poor investors by mdsolar · · Score: 1

    manishs worries about the cost of dumping old infrastructure to investors. However, smart investors will take advantage of the opportunity. Stanford was out of coal stocks before they tanked, while Harvard's coal country president, Drew Faust, has cost Harvard big time with her dubious loyalties to fossil fuels. There is essentially no cost to investors that avoid buying buggy whip stock.

  71. "Peak Oil" does not mean what you think it means. by Anonymous Coward · · Score: 0

    Peak Oil has nothing to do with drowning in oil; it has to do with the inevitable decline in supply of oil. For some reason, some know-nothing blogger out there started this notion that Peak Something means that the world is drowning in that Something. Well, it doesn't mean that; rather, it means that the world has reached the maximum at which it can supply said Something, and the ability to maintain that supply will surely and only decline thereafter.

  72. Re:It all depends on whether we have to change gri by FlyHelicopters · · Score: 1

    Yes, you will have to give your utility power to continually monitor your electrical demand and be able to switch your major appliances on and off to match the changing supply of sun and wind.

    No, just no...

    Come over to my house and speak with my wife, tell her that she no longer will get to decide when she can and cannot use her appliances. See how far you get.

    If you told her the choice was a 4 degree rise in global temps, or limit her appliance use, she'll take the appliance use, and she isn't alone.

  73. Re:World without oil income to middle east is scar by Nutria · · Score: 1

    These countries have by and large been economic backwaters forever and its required basically a state of war and anarchy in Syria for several years to kick off a major wave of migration.

    Syria isn't Saudi Arabia, which has a huge population of educated, unemployed young people who are used to the good life and don't revolt only because they're being paid off.

    No more payoffs means no more placidity, which means more radicalism.

    A lot of central European countries have unilaterally closed their borders and fenced them off, any significant increase in migration will result in political changes that endorse not just closed borders, but the use of deadly force to keep people out, forced repatriation and so on.

    But think of the children!!!!

    Anyway, as long as it shuts them up about us being fascist pigs for trying to keep out illegal Mexicans, bully on them for trying to deal with their own illegal immigration problem.

    --
    "I don't know, therefore Aliens" Wafflebox1
  74. Not enough uranium by mdsolar · · Score: 1

    Turns out the uranium would run out within a decade of the transition. https://slashdot.org/journal/2...

    1. Re:Not enough uranium by khallow · · Score: 1

      Using the same analysis, the US ran out of oil around 1981. Glancing at Wikipedia, I see that in 1970, the ratio of production to proven reserves was 11 years. That is, US oil producers were pumping enough oil out of the ground that in 11 years it would match the estimated economically accessible oil in the ground. I'll leave it as an exercise to figure out why the US is still pumping about two thirds the rate of oil now as it was in 1970 despite having used up virtually all of the proven reserves that were present in 1970.

      Even if humanity decides never to recycle a fuel rod or use a breeder reactor on depleted uranium or thorium (either which would vastly extend the amount of available fissionables for nuclear reactor fuel, there's still a lot of uranium to mine. It's not going to run out in ten years.

      Finally, should we apply this same methodology to rare earths as they are used in solar and wind power? How many decades before we "run out" of that?

    2. Re:Not enough uranium by mdsolar · · Score: 1

      We won't run out at the current rate of use in ten years. Regarding rare earths, they are not particularly rare, we can meet more than our energy requirements with what is available. Interestingly, we may expect a glut in some materials. https://slashdot.org/journal/2...

  75. The study must be awfully lazy... by Junta · · Score: 1

    Average age of a vehicle on the road today is 11 years, and the trend has been lengthening. That fact alone suggests the average person would not be phasing out fossil fuels in less than 11-12 years. Given that is the mean age, many folks are out there with cars that are 15-20 years old.

    --
    XML is like violence. If it doesn't solve the problem, use more.
  76. jerked your own knee clean off by Anonymous Coward · · Score: 0

    So... You should move to Somolia to obtain a piece of the heaven you speak of.

    You have some kind of hair trigger response to anything perceived as libertarian/anarchist. The problem is with you and not us.

  77. So global nuclear war in 10 years? by Anonymous Coward · · Score: 0

    totally dooable.

  78. Re:It all depends on whether we have to change gri by Applehu+Akbar · · Score: 1

    Yes, the truly controversial feature of Smart Meter is the going to be the upgraded version that controls your appliances. Though the version now being installed just monitors your usage, it has to transmit that information to the utility using (cue the spooky organ music) deadly radio waves!

  79. Re:World without oil income to middle east is scar by FlyHelicopters · · Score: 1

    I don't think you understand how this works. They won't go somewhere. They will die.

    Tell that to the millions of people fleeing Syria...

  80. Re:"Peak Oil" does not mean what you think it mean by Dunbal · · Score: 1

    Yes, but before you go down the big hill in the rollercoaster, you have to be at the top.

    --
    Seven puppies were harmed during the making of this post.
  81. Re: Adam Smith Utopianism by Type44Q · · Score: 1

    I'm pretty sure that if your hose is burning...

    ...you need antibiotics?

  82. What brought those rapid shifts? by blindseer · · Score: 1

    Why did people move from wood to coal? Candles and gas lamps to electric lights? Was there a shortage of wood available? This was quite likely in some cases.

    While I admit to not having done a rigorous analysis of this topic I do recall from history class in college that electric lights were cheaper, safer, and easier to manage. Coal is energy dense and it doesn't take from the wood supply used for construction.

    People moved to these new energy sources because they were better than what they had. Much like how the stone age didn't end for lack of stones.

    If we want to see a shift away from fossil fuels then we need to have something that is cheaper, safer, and plentiful. This must also take into account the cost of changing the infrastructure. Some transitions are easier than others. Gas pipes in homes became conduit for electric wires, making that transition something that could be done without tearing walls open. Moving from wood to coal likely meant they could use the same boilers, just shovel in coal instead.

    What won't be as easy is shifting gasoline and diesel fueled vehicles to whatever this professor thinks can replace them. We can replace coal with nuclear, that's not a big shift in infrastructure. Shifting away from natural gas for heating would take some time since people aren't going to throw away a working furnace on a whim. I presume this would be replaced with electricity, which likely means a greater electric load. Cars and trucks on the other hand cannot be just replaced with electric. Ethanol might be considered but only as long as it takes someone to do the math on how much crop land it would take to produce enough ethanol for every car to run from it.

    One way out of this is to synthesize hydrocarbons using nuclear power. This would close the carbon loop since the carbon released in burning is recycled from the air to produce more hydrocarbons. The US Navy has been experimenting with this for a few years now. The change in infrastructure would be minimal but it would mean replacing every oil well and refinery with enough nuclear power plants and fuel synthesis plants. Unless the US Department of Energy starts handing out nuclear power operation licenses like never before then it cannot happen. I've done the math before and we'd need something like one new nuclear power plant coming online every month, perhaps more.

    The bottleneck on this is regulation. I believe that it always was. The USA and many other nations could have built nuclear power plants like France did and free themselves from coal a long time ago. The costs to build a nuclear power plant today largely rides on appeasing the regulators, not in building a safe power plant. We know how to build a safe nuclear reactor, and we've known how to do that for decades.

    I believe that humanity will reach a nuclear powered world, it's just a matter of when. It might happen in ten years because government policy makers listen to people like this professor. It might take one thousand years because we've run out of coal to burn. If we don't move to nuclear power then civilization will die. Energy is life. We can't live without it. If we don't move to nuclear power then we die. Well, not all of us will die. Those that remain will be hunter gatherers in tropical rain forests.

    --
    I am armed because I am free. I am free because I am armed.
    1. Re: What brought those rapid shifts? by Anonymous Coward · · Score: 0

      You can't just replace coal with nuclear. The infrastructure operates on different technology and that includes the steam turbines. You'd have to scrape the site and start over and spend decades and trillions of dollars just replacing maybe a third of the installed capacity. The article is baked if they think there is some magical tech just waiting in the wings. It's clear the people posting here know little to nothing about how electric power plants are built and operate.

    2. Re: What brought those rapid shifts? by blindseer · · Score: 1

      I was actually just reading on how this can be done.
      http://thorconpower.com/docs/d...

      You can just replace coal with nuclear. We can do it at an assembly line with a pace of one GW power plant per week, or there about. We can build them in a shipyard as 100 ton building blocks. Barge the blocks to the construction site and start stacking up the blocks. If the US DOE gets up off of their thumbs we should have a prototype in five years and a functional assembly line less than five years after that.

      While this won't get us off of fossil fuels in ten years it puts us on a path to do so in perhaps 100 years.

      --
      I am armed because I am free. I am free because I am armed.
  83. Re:World without oil income to middle east is scar by JoeyRox · · Score: 1

    I would agree but it's too late to put that genie back in the bottle, which means if that region falls into a oil-demand depression then the entire world will become a less safer place.

  84. Re: Adam Smith Utopianism by Anonymous Coward · · Score: 0

    You would know about STDs after all the assraping of farm animals you've been doing.

  85. The paper could be correct. by 140Mandak262Jamuna · · Score: 1

    When some one says A could happen, there is some chance it is going to happen. But it could also mean "it is not impossible, and under the following circumstances, however unlikely and improbable the circumstances are, A could happen". So in that sense the paper could be correct.

    --
    sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
  86. So it is some how societys problem by Anonymous Coward · · Score: 0

    That investors went long when they should have went short.

  87. I don't think so. by rickb928 · · Score: 1

    In 2026 I'll be looking to buy a 2016-2019 model year car. And it will probably burn fossil fuels.

    If they convert those older cars to non - fossil, then I'm in the market for a more affordable option. Like an older car...

    --
    deleting the extra space after periods so i can stay relevant, yeah.
  88. Re:World without oil income to middle east is scar by ShanghaiBill · · Score: 1

    I would agree but it's too late to put that genie back in the bottle, which means if that region falls into a oil-demand depression then the entire world will become a less safer place.

    It takes resources to be a threat. There are plenty of extremists in dirt poor places like Somalia and northeast Nigeria, but they pose little threat outside their home regions ... and even there, the extremism is promoted by funding from Wahhabists in Saudi Arabia.

  89. no by fyngyrz · · Score: 1

    There were 135 or 136 space shuttle missions.

    There were two accidents.

    Odds were estimated at 1:100

    Two in 135 is right in the ballpark.

    So no, your point does not stand.

    --
    I've fallen off your lawn, and I can't get up.
    1. Re:no by pixelpusher220 · · Score: 1

      even if you agree with the 1/100, 1/70 is 30% worse. That's a pretty damned significant difference.

      And of course that's if 1/100 accounted for everything or failures within the known systems.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    2. Re:no by Euler · · Score: 1

      Statistically speaking, that isn't much. You just don't have enough samples to make that comparison. If you could accept a mere 80% confidence interval, that is still a range of 0.2 to 3.79 fatal incidents over the 135 missions. (1/675 missions and 1/36 missions, respectively.) So 1/70 and 1/100 falls easily in the range. A higher confidence interval 95% or 99% would be an even wider range.

      The only way you could say that 1/100 is significantly different than 1/70 is to fly more missions and see how many have fatal accidents. Then the confidence interval will be narrower. If you flew 10x as many missions (1350), and you still observed 1/70 as the actual fatal incident rate, then you could get the 1/100 to fall out of the 80% confidence interval.

  90. Re:World without oil income to middle east is scar by Anonymous Coward · · Score: 0

    Explains a lot about 'Murica

  91. No, not happening by fyngyrz · · Score: 1

    The analysis is flat-out wrong. Those reserves will still be used; even if we completely stopped burning them for fuel this year, we would still need them. Right now, over half of each barrel of oil goes for about 6,000 non-fuel products:

    Here's a partial reference

    So -- at most, assuming no new uses are discovered for it, which is an extremely poor assumption --, those stocks would take twice as long to use up.

    So, no. No one will be leaving those in the ground, abandoning the value they represent. Not going to happen.

    --
    I've fallen off your lawn, and I can't get up.
    1. Re:No, not happening by compro01 · · Score: 1

      Right now, over half of each barrel of oil goes for about 6,000 non-fuel products:

      Incorrect. Half of it goes to something other than road gasoline and that half contains a lot of other fuels.

      Once you account for aviation gasoline, diesel, jet fuel, propane, heating oil, etc. you end up about 7% of it going to non-fuel uses.

      Figures from the EIA.

      --
      upon the advice of my lawyer, i have no sig at this time
    2. Re:No, not happening by fyngyrz · · Score: 1

      Right, sorry, not non-fuel, non-gasoline. Which was the issue when discussing electric cars.

      Trucks, trains and aircraft will like remain with more energy dense sources for some time yet.

      --
      I've fallen off your lawn, and I can't get up.
  92. Re:World without oil income to middle east is scar by Anonymous Coward · · Score: 0

    Ok, sure. I will tell it to them. Syrians, know this: like all other mortals, you will die.

  93. Re:World without oil income to middle east is scar by Anonymous Coward · · Score: 0

    You underestimate how liberal the Euros are.
    I think it will take many more immigrants before the majority accepts that muslim culture does not simply fit into western culture as simply as say french and german culture can accept each other.

  94. Re:World without oil income to middle east is scar by JoeyRox · · Score: 1

    I agree it takes resources. Saudi Arabia has most of our modern weapons system and $750 billion in US treasuries alone. I think those are enough resources.

  95. Re:"Peak Oil" does not mean what you think it mean by Anonymous Coward · · Score: 0

    That doesn't imply you're drowning in oil. What don't you get about that?

  96. Nope, still no. by fyngyrz · · Score: 2

    You are confusing the rate in a small sample with the probability of an event.

    One in 100 chance does not mean there will be exactly one accident in 100 events. There might be zero; there might be ten. Might happen on launch one; might happen on launch 100; might not happen at all; might happen on launches 40 through 60 (though I agree this would be disturbing... ;)

    What it actually means is that over a long series of events taken in groups of 100, the average rate of problems is expected to work out to one in 100. A sample of 135 with two events in no way contradicts the expectation.

    For instance, I can tell you, and you are probably aware, that a fair coin flip has a 50% probability of heads.

    However, it would not be in the least bit (hah!) unusual to see heads, heads, tails, heads in the first four flips. Approaching it the way you do, though, you'd be saying that such a result shows a 75% probability that the operation results in heads. Which is wrong. The observed rate for a sample of four was h-h-t-h. The probability remains at 1:2 and is in no way contradicted by the h-h-t-h result. Or a t-t-h-t result, or an h-t-h-h result. Etc.

    1:2 does NOT means that one of two or two of four will be heads. It just means that in a long sequence, it's predicted (correctly, as it happens, if the circumstances are otherwise unbiased) settle out to that.

    Which is not to say that those generally ignorant of how probability actually works won't set their expectations incorrectly; of course they will. That's why we have lotteries, McDonald's "Monopoly", and a good deal of the businesses in Las Vegas.

    But I assure you, when the probability of a shuttle accident was assessed at 1:100, the people doing so did understand what they were doing, and what that prediction means. It is hardly their fault, or NASA's, when an individual doesn't understand what they've been told. That's more down to a failure to learn on the part of the individual. Also, I absolutely guarantee you that each and every astronaut and passenger that went up in the shuttle knew these facts perfectly well.

    --
    I've fallen off your lawn, and I can't get up.
    1. Re:Nope, still no. by pixelpusher220 · · Score: 1

      Lies, damned lies and statistics - yes I'm familiar with them. The small sample size is certainly something but the actual occurrences show something other than 1/100. To claim that 1/100 actually meant 1/70 isn't a tenable position.

      linky

      "An internal NASA risk assessment study (conducted by the Shuttle Program Safety and Mission Assurance Office at Johnson Space Center) released in late 2010 or early 2011 concluded that the agency had seriously underestimated the level of risk involved in operating the Shuttle. The report assessed that there was a 1 in 9 chance of a catastrophic disaster during the first nine flights of the Shuttle but that safety improvements had later improved the risk ratio to 1 in 90"

      1 in 9? ouch. rectified, but not nearly as safe as 1/100.

      --
      People in cars cause accidents....accidents in cars cause people :-D
  97. Re:It all depends on whether we have to change gri by blindseer · · Score: 1

    This grid will be very expensive and very vulnerable.

    To make renewable energy sources competitive requires a very large and expensive electric grid so that when the wind blows over the plains in Oklahoma it can keep the lights on in St. Louis. It also means that the setting sun on the west coast is keeping lights on where it's already dark on the east coast. If there happens to be a tornado in Kansas then this delicate balance is gone, those downed power lines mean even if the sun is shining and the wind blowing the power can't get to where it's needed.

    If we build redundancies for such issues then costs go up. If we bury lines to keep the weather from damaging lines then costs go up. If the costs go up too much then wind and solar don't look so competitive.

    Turning off residential air conditioning and such can manage the load but only to a point. Running enough power lines to make renewable energy work is certainly possible in theory for large land masses like the Americas, Europe, Asia, Africa, and maybe smaller ones like Australia and Greenland. For islands, geographical or political, renewable energy will not work.

    What does work is nuclear power. We have small modular nuclear power designs that are safe, inexpensive, and reliable. How do I know this? Because the US Navy figured this out decades ago, and the US Air Force came up with some better ideas not much later.

    If we want to keep electricity cheap and reliable then we don't need massive "smart" grids, we need small "stupid" ones.

    --
    I am armed because I am free. I am free because I am armed.
  98. Ludicrous by goombah99 · · Score: 1

    Automobiles stay in the collective fleet for 15 to 20 years. You are not phasing out fossil fuels till the current cars run on something else.

    --
    Some drink at the fountain of knowledge. Others just gargle.
  99. Re:Coal provides 33% of the US electricity generat by riverat1 · · Score: 1

    The point about TFA is all fossil fuels would be gone in a decade.

    I think the point of TFA is that it would be possible to phase out fossil fuels in a decade with enough effort, not that we would do it. To me a decade is extremely optimistic but I could see them mostly phased out in 20 years and gone except for specialized applications in 30 years.

  100. LOL *still* no by fyngyrz · · Score: 2

    the actual occurrences show something other than 1/100

    No. They don't. To recap:

    Tossing a coin 4x and getting heads-heads-tails-heads does NOT show other than 2:1

    AND:

    Launching the shuttle 135 times and getting two fails does NOT show other than 1:100

    Same EXACT issue: Nowhere near enough sample runs to demonstrate empirically that the calculated odds for one sample are wrong.

    --
    I've fallen off your lawn, and I can't get up.
    1. Re: LOL *still* no by pixelpusher220 · · Score: 1

      Whatever. Equating a shuttle launch with a coin flip. Good luck with that.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    2. Re: LOL *still* no by fyngyrz · · Score: 1

      Math is math. It doesn't change how it works because you don't like it.

      --
      I've fallen off your lawn, and I can't get up.
    3. Re: LOL *still* no by pixelpusher220 · · Score: 1

      Says the person Refusing to accept that 1/100 is different than 1/70.

      --
      People in cars cause accidents....accidents in cars cause people :-D
  101. Re:World without oil income to middle east is scar by Anonymous Coward · · Score: 0

    Saudi Arabian Wahabis don't resent the house of Saud, they resent the western world for it's intellectual and military superiority.

    Although Europe is clearly inferior in its sense of self preservation for the moment.

  102. Re:World without oil income to middle east is scar by Anonymous Coward · · Score: 0

    Terrorism comes from poor countries... like Africa, Pakistan, Palestine and India.

    The problem isn't MONEY, is that the filthy child raping Muhammad cock sucking Muslims are to busy committing terrorist acts.. well, when they are not raping little boys, sheep or goats.

  103. Re:It all depends on whether we have to change gri by Applehu+Akbar · · Score: 1

    Going nuclear would enable us to keep our current grid. It still needs upgrades, for such considerations as security and EMP resistance. But it wouldn't need a total redesign and we wouldn't have to allow utilities to control our appliances.

  104. Fast final episode by Anonymous Coward · · Score: 0

    As for cars, I think that once you hit 60% or so, it will only take another 2-3 years after that for them to basically disappear. Do you *like* yourself and your children being exposed to exhaust fumes? I bet not. Will you accept it as a "necessary evil" as long as you are driving a gas car yourself? Probably. But once the problem is your *neighbor* being the hold-out and poisoning you and yours while you have gone electric, you will have no problem voting to "get rid of the stinkers on the road"! Once that translates into a political majority, it will go very fast. It will happen by zone first (school zones, inner cities, ...rural last?), and by category (busses, taxis, personal cars, ...construction vehicles last?).

    1. Re:Fast final episode by Kazoo+the+Clown · · Score: 1

      I think the answer is going to be to reduce it significantly rather than eliminate it entirely. But there is going to be the problem of finding gas stations at some point, once it's no longer profitable to operate them. I suppose there may be some that will convert to charging stations and retain some ability to dispense gasoline, but probably far fewer of them since many people will charge their cars at home when they're not travelling. There are also industries that will be at risk-- what is going to happen to professional auto racing and "monster truck" rallies, etc.? How soon are electric vehicles going to replace those?

  105. Re:"Peak Oil" does not mean what you think it mean by Dunbal · · Score: 2

    But we ARE drowning in oil. When they're talking about renting oil tankers just to store the stuff, there's a lot of unused oil. Therefore production currently far exceeds demand - but not because production has or can increase - because demand has slacked off. Slightly. China by 1%. The US by 2%. Every country in the world that HAS oil is trying to produce that oil. Refineries around the world are working at full capacity. Saudi Arabia has not slacked off production and is almost at full capacity. Never has oil been sucked out of the ground at a higher rate than today. And it's barely enough. Even if oil demand doesn't grow in the next year or so through industrial demand, it will grow through population increase.

    China alone adds the population of Australia to the world every single year. All of them will need food, heat, light, transport, etc - even when the economy is in the tank. And when you talk about the Chinese economy being in the tank, it's still growing at 6% per year. That means the Chinese economy doubles in size in 12 years. It is currently tied with the US for the largest. In 12 years it will be twice the size of the US. Imagine every chinaman wanting and more importantly being able to afford a new car. How much oil are they going to want? US currently guzzles 20 million barrels a day. What happens when China ALSO wants 20 million barrels a day? They currently consume 11 and are growing at 4.3% per year. In 16 years, China will want 22 million bbl a day. Do you see world production of oil DOUBLING in 16 years? I don't. Peak oil is right now.

    --
    Seven puppies were harmed during the making of this post.
  106. Not happening.. by Z80a · · Score: 1

    Unless exxon mobil can secure pretty much a monopoly on the next source of power.

  107. Losing capital by manu0601 · · Score: 1

    Summary says

    Private and government-backed companies have invested billions of dollars into plants that turn fossil fuels into electricity. Ditching these plants means losing a lot of capital and owing investors with plenty of explanations.

    We all invested even more billions of dollars into assets that require a sustainable ecosystem. Ditching it means losing even more capital.

  108. Re:World without oil income to middle east is scar by Anonymous Coward · · Score: 0

    This is why border control must include strong walls and live ammunition.

  109. Forecasting the Future by Anonymous Coward · · Score: 0

    In news today: Academic X states that outcome Y is possible after Z years and A substantial (not to say outstanding and superlative) effort.

    Outcome: Outcome Y takes much longer or perhaps never happens at all. Academic X retorts that "the required effort was never made!"

    This is the problem with predicting the future. In order to be credible you must do better than stating what could happen. Anything could happen. You must forecast what is likely to happen. And even then your predictions are going to miss a lot.

  110. Slashdot is like a Fireant mound by Anonymous Coward · · Score: 0

    Poke a stick labeled Renewables or Climate Change in it, and legions of assholes come streaming out calling everyone ignorant and haters.

    Fucking children calling each other names pretending to be smart.

    Pedantic assholes, the lot of you.

    1. Re: Slashdot is like a Fireant mound by s4m7 · · Score: 1

      Thanks for keeping the debate high- minded, AC.

      --
      This comment is fully compliant with RFC 527.
  111. Re: World without oil income to middle east is sca by Anonymous Coward · · Score: 0

    These countries have by and large been economic backwaters forever and its required basically a state of war and anarchy in Syria for several years to kick off a major wave of migration.

    The Fertile Crescent was one of the cradles of civilization, a rich conquest for the Hotties, for Egypt, for the Persians of various stripes, for Alexander, for the Romans, for the Arabs, the Turks, and the Mongols.

    They'll be fine.

  112. A big question is, by Kazoo+the+Clown · · Score: 1

    If you phase out fossil fuels, how are they going to get all the low-income people to upgrade or convert their cars? I can suggest a possible answer, but many of you aren't going to like it-- we either need to upgrade low-income people so there aren't any, or at least much fewer of them, and/or subsidize the upgrade of their cars-- and who is going to pay for it?

  113. Re: World without oil income to middle east is sca by Anonymous Coward · · Score: 0

    The Fertile Crescent was one of the cradles of civilization, a rich conquest for the Hotties

    Second only to Ft. Lauderdale during Spring Break.

  114. Re:Coal provides 33% of the US electricity generat by KGIII · · Score: 1

    Back home in Maine there's a house that was on the property when I bought it. I had a new house built further up the side of the mountain. I was going to tear that old one down but it kind of grew on me so I had it rehabbed. In the basement, there's a giant (probably about six feet across) round boiler that burns wood or coal. I'm not there to look but I think it's called a Homart.

    Lemme Google...

    Yeah, the logo looks right but Google Image Search doesn't appear to have one. Maybe I'll take some pictures of it and upload them somewhere for posterity. I doubt there are many left. It's from the late 1800s and can be used to heat water as well as using ducts to pipe heat all over the house. It's really quite remarkable.

    At any rate, I don't use the house myself but it does get used at times. I don't like the phrase, it seems a bit like putting on airs, but it's really just a guesthouse. There's a ready supply of coal and firewood down there in the basement. The Farmer's Union still sells coal and, for a few extra bucks, they'll even deliver it to you. It comes in plastic bags - thick plastic and I've got a half-dozen tons worth of it, or about that much, stocked away in the basement.

    When I have friends stop by and stay for a while, we often get the coal fire going and it's a nice, thorough heat. When I had the house rehabbed, I had them restore it but much of the restoration is cosmetic. The walls are now full of real insulation and the windows only appear to be old. They're actually triple pane and the house is rather tight. A coal fire, with surprisingly little coal now, will keep you roasty toasty for a long time - on the order of feeding it just twice a day.

    There are enough people buying coal to heat their homes that the Farmer's Union not only carries it but they run out of it during the winter months - on a regular basis. Coal is not dead and gone, it's still actively being used by more people than you might think - and in the residential areas as well as the commercial areas. I don't go through a lot of it - I put 10 tons in there to begin with. I imagine there's about a half-dozen ton left. It's not like it goes bad or anything.

    --
    "So long and thanks for all the fish."
  115. Not just Iran by dbIII · · Score: 2, Insightful

    The glut is primarily Saudi politics attempting to economically weaken Iran

    And to weaken the United States shale oil production. Isn't it funny how they waited until so much money was invested before undercutting shale oil to less than the cost of production. Shale oil costs a LOT more to extract than the oil the Iranians are producing. The USA is getting hurt a lot more by this than Iran and Russia.

    1. Re:Not just Iran by RockDoctor · · Score: 1

      And to weaken^H^H^H^H^H^H destroy the United States shale oil production

      Let's not pussy-foot around here.

      Isn't it funny how they waited until so much money was invested before undercutting shale oil to less than the cost of production.

      No, it's not funny. It's facing a rational and intelligent enemy who understands what they want and how to achieve it.

      --
      Birds are not dinosaur descendants;birds are dinosaurs, for all useful meanings of "birds", "are" and "dinosaurs"
  116. Re:Coal provides 33% of the US electricity generat by dbIII · · Score: 1

    Even if thermal coal for electricity generation goes away the home market is still likely to get enough cheap coal for those boilers, stoves etc from lower grade metallurgical coal. As probably a lot of people here (but not all) would know, coal is used in steelmaking not just for the heat but for the chemical reaction with the iron ore. There is no easier or "greener" way to do it since using hydrogen or whatever to reduce the ore isn't going to add carbon to turn iron into steel. In Brazil a wood burning blast furnace ran for a while and consumed astonishing amounts of wood - not "green" at all. Most comparable metals require a lot more energy to produce than steel, so forget aluminium and titanium etc for general use.

  117. Extremes! by dbIII · · Score: 1

    The GP is suggesting following the demand instead of shaping demand to match supply. Everything else is your own baggage taken to a ridiculous extreme.

    1. Re:Extremes! by pixelpusher220 · · Score: 1

      Domestic use fit industrialization. Yes that's true. It doesn't then follow that we shouldn't have increased domestic use unless you're saying curtailing domestic usage of electricity....

      --
      People in cars cause accidents....accidents in cars cause people :-D
    2. Re:Extremes! by dbIII · · Score: 1

      It's all electricity consumption. Currently my domestic electricity consumption is shaped to match supply because the water is heated in the middle of the night due to a need to give a large thermal base load power station something to do in the middle of the night. I get a discount due to allowing this shaping.

    3. Re: Extremes! by pixelpusher220 · · Score: 1

      Yes and the poster is saying that we should rethink the entire usage model...I.e. You shouldn't have that service in the middle of the night.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    4. Re: Extremes! by dbIII · · Score: 1

      I only have that service in the middle of the night because we have a base load model with big thermal units. It does not make sense otherwise because a lot of that heat is lost before I wake up and use hot water. It is a case of wasting energy for the sake of convenience. Hot water on demand requires less energy and is more convenient but costs more due to the incentive designed to encourage people to use electricity at times of low demand.
      As smaller units are becoming more viable that model is challenged. Base load is just an artifact of an economy of scale that relied on huge units and tried to fit demand to a square wave instead of a curve from whenever people actually wanted to use electricity.

      So to sum up, that entire usage model is already being "rethought" and that has been in progress for probably most of the life of this website.

    5. Re: Extremes! by pixelpusher220 · · Score: 1

      Still not seeing how you can not have service at night but have it when you want it in the morning? Turning on an entire country at 5am isn't a good idea.

      Without continuous service, you're left with either batteries for everything or local generators running on mostly fossil fuels. That's less efficient on any number of fronts.

      --
      People in cars cause accidents....accidents in cars cause people :-D
    6. Re: Extremes! by dbIII · · Score: 1

      you're left with either batteries for everything

      No.
      Why are you bothering to comment on this? You are wasting your time and the time of others with ignorant idiocy.

    7. Re: Extremes! by pixelpusher220 · · Score: 1

      So no answers about people not having g electricity during the night?

      --
      People in cars cause accidents....accidents in cars cause people :-D
    8. Re: Extremes! by dbIII · · Score: 1

      Please rephrase it into a sensible question I can understand instead of the tangential ramblings you have a few posts above.
      Take things seriously and you'll get serious answers.

  118. Re:Coal provides 33% of the US electricity generat by Barsteward · · Score: 1

    lots of people care, they are just stumped by the price of the still newish technology, but the price is dropping all the time and the market will widen out to more and more people as a result.

    A test for you, drive your petrol/diesel vehicle in your garage, close the garage door, sit in the car with the windows open and turn on the engine and see how long it takes you to care. then do the same with an EV and see which is more pleasant an environment.

    --
    "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
  119. Re:It all depends on whether we have to change gri by drinkypoo · · Score: 1

    The very first small step in upgrading to Smart Grid is Smart Meter, the first generation of which continually monitors load for each user, but does not have the control component.

    There is literally no need to monitor each user until you can control each user. Substation monitoring provides all the information the power company needs about residential customers, because they cannot switch power at a finer resolution anyway. Big industrial customers need to be connected more intimately to the system, because they are the ones which make large and unpredictable demands on the system. Residential demand is highly predictable.

    In my town the hippie moms have already protested away Smart Meter on grounds that they "emit radiation" by which they mean use cellular data chips to send their readings to the utility.

    Yeah, that's stupid, because they use radio chirps. They don't transmit constantly. That, however, just proves how useless they actually are. They don't do realtime reporting anyway! However, there are serious problems with so-called "smart" meters. The first and largest problem is that when they fail, which is regularly, they fail in favor of the power company and not you, the way the electromechanical meters do. The other problem, which is also significant, is that they occasionally explode, burst into flames, et cetera. You can look it up, if you care.

    Smart meters are stupid shit that nobody needs on residential customers at this point. If they wanted to spend money on "smart" infrastructure then it should have been on more infrastructure. We call it a "power grid" but it is not. It is a network of barely interconnected trees. We should make it more like a grid, to reduce outages.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  120. Re:Adam Smith Utopianism by drinkypoo · · Score: 4, Insightful

    What makes the oil, gas, and coal industries possible is permitting them to ignore externalities. If you had to put the hill back to being nice after mining coal, and you had to fix all the CO2 emitted, and also somehow put all the radioactive isotopes back in the ground, and actually build refineries such that they don't occasionally^Wregularly emit deadly toxic clouds forcing evacuations (that is, build them to the same standard as chip fabs) and clean up 100% of the oil spilled and so on and so forth, none of those industries would even exist, at least not in their current forms. The oil industry would be focused on plastics, which would cost more. We'd use more composites as a result, with natural fibers perhaps. Coal just would be over. It wouldn't even be a thing. Natgas would exist, but we wouldn't be fracking, and they wouldn't be storing it in leaky underground caverns.

    Permitting an industry to ignore externalities is a kind of subsidy being paid in natural capital which, in theory, belongs to all of us.

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
  121. Re:World without oil income to middle east is scar by dinfinity · · Score: 1

    They are not fleeing from unemployment, you know.

    Sure, there are plenty of economic migrants, but refusing those entry to your country is commonplace and generally not considered to be morally wrong. Yes, there is illegal immigration, but the scale and the ethics are very different from migration of people fleeing for their lives.

  122. Re: Coal provides 33% of the US electricity genera by beanpoppa · · Score: 1

    No. The point of the article is that the next energy transition could only take a decade. Not THE next decade. WHEN the next breakthrough happens, the transition won't be as long as previous transitions. It might not start for 20 years. But when some as yet unknown technology is created, the whole world will transition in 10 years hence.

  123. The summary of the summary is flamebait. by MrL0G1C · · Score: 1

    There's no doubt that we will soon reach a point wherein solar and wind will be readily available...

    FFS wind and solar are just too of over a dozen ways to harness renewable energy. And what on earth is 'will be' there for? Solar and wind are readily available now.

    Other renewables types and ways to move over include:

    Tidal lagoons, tidal streams, wave power, dams and pumped storage - several types including compressed air underground, underwater and dual reservoir. Solar panels, solar water heating, concentrated solar and this including molten salt storage etc. Geothermal power generation and geothermal home heating. Air-source and ground source heat pumps. Fusion and cold fusion*. Battery technology is going nuts right now, cheap battery tech that could store vast amounts of grid energy using some of the most common elements is currently being developed, for example Materials discovery for earth-abundant battery | UTokyo Research.

    And then there's 'time-shifting' which would be a lot easier if all vehicles where electric or some electric some hydrogen etc. These vehicles could be charged when renewables output is high.

    Energy ratings could be vastly improved, the creators of consoles and computers could be moved to improve standby energy use and have default energy profiles which save energy quicker.

    Home heating systems could be vastly improved, it could be mandated that all new radiators have indiviual temperature monitoring and remote setting capability, we've had the technology to be able to do this for decades already. Heating a whole house 24/7 when half the rooms aren't in use is very wasteful. Energy taxes should escalate with usage / waste, the 1st 10kwh / day tax free, the next 10kwh/day taxed higher etc or something along these lines.

    Country of origin labelling should be mandatory, for example I bought an apple the other day which it turn out had come from the other $%^&ing side of the planet, I didn't know this because UK supermarkets don't have to say where food comes from.

    Just saying we can't power the world with wind and solar shows a complete lack of understanding of renewables and ways to go 100% renewable.

    --
    Waterfox - a Firefox fork with legacy extension support, security updates and better privacy by default.
  124. Re:World without oil income to middle east is scar by ultranova · · Score: 1

    Syria isn't Saudi Arabia, which has a huge population of educated, unemployed young people who are used to the good life and don't revolt only because they're being paid off.

    In other words, Saudi Arabia has a lot of people who have both the ability and the motivation to build a decent nation, once oil gets out of the way.

    No more payoffs means no more placidity, which means more radicalism.

    Radicalism has no "good life" to offer, and often no life at all. ISIS is offering a practical demonstration of just that in the area.

    Anyway, as long as it shuts them up about us being fascist pigs for trying to keep out illegal Mexicans, bully on them for trying to deal with their own illegal immigration problem.

    One might argue it's a case of old masters showing young wannabes how it's done.

    --

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

  125. Re: World without oil income to middle east is sca by Anonymous Coward · · Score: 0

    Without oil, middle East will be irrelevant.

    There will be no need for US military to provide security. Asturity, Immigration, or Travel to and fro will be near zero and heavily scrutinized to keep the Jihadis out.

    These countries will collapse back to the 17th century and no one will give a shit anymore. They may even be forbidden to burn their own oil eventually.

  126. Re:It all depends on whether we have to change gri by Anonymous Coward · · Score: 0

    No, just no...

    Come over to my house and speak with my wife, tell her that she no longer will get to decide when she can and cannot use her appliances. See how far you get.

    If you told her the choice was a 4 degree rise in global temps, or limit her appliance use, she'll take the appliance use, and she isn't alone.

    I can pretty much guarantee your wife will not know that the refrigerator will be delaying its cycle an hour or more. You probably won't notice the HVAC doing a delay either. And quite possibly not your dishwasher, dryer, or other equipment.

    There are quite possibly dozens of other devices in your house that could be cut off or set into a reduced power mode without noticing, but that may be a step further.

    And as failure modes go, given that the choice now is likely a crash break for your whole house, having it be items that can go off without impacting you would be a much better step.

  127. Re:World without oil income to middle east is scar by Nutria · · Score: 1

    In other words, Saudi Arabia has a lot of people who have both the ability and the motivation to build a decent nation, once oil gets out of the way.

    I have a significantly less-positive view of mankind than that.

    Radicalism has no "good life" to offer, and often no life at all. ISIS is offering a practical demonstration of just that in the area.

    Neither does Communism, but that doesn't stop True Believers from saying, "They just did it wrong. If they do it my way, everything will work out Just Fine."

    --
    "I don't know, therefore Aliens" Wafflebox1
  128. Fossil Fuels could be phased out in a decade by Cthulhu's+Physicist · · Score: 1

    Tony Seba has an interesting talk about disruption. In 1900 there were no cars on the streets of New York

    By 1913 there were no horses on the streets of New York

    Not many people saw that coming!

    https://www.youtube.com/watch?...

  129. Re:Coal provides 33% of the US electricity generat by toddestan · · Score: 1

    That's because of incredibly cheap natural gas flooding the market as a byproduct of the oil boom in North Dakota. Now that the oil industry in North Dakota is seriously hurting, I'd be curious to see how the price of natural gas is going to change.

  130. Petrocurrency by NewYork · · Score: 1

    Since 1971, OPEC is bullied/bribed to sell Crude Oil exclusively in US dollars resulting in friction between Islam and the West;
    http://www.zerohedge.com/print/502779

  131. Social and economic impact potentially incalculabl by Anonymous Coward · · Score: 0

    Whilst technical change may be possible quickly, the economic and social impacts of a rapid/accelerated shift could be enormous. Fossil oils would remain for manufacturing (presumably plastics) or lubricants, but oil based economies will be massively impacted. This could create a new "world order"; US reserve currency status and debt burden, entire Middle East, several other major countries ... Would make Arab Spring look minor in comparison. This could lead to a better world, but the road is paved with hazards. Humanity's ability to manage huge change has proven woefully inadequate in the past. Or am I being doomsayer or paranoid?

  132. Re:World without oil income to middle east is scar by dave420 · · Score: 1

    You might want to read some history, as you are sounding like an 8-year-old who knows just enough to make himself look ridiculous.

  133. Re:World without oil income to middle east is scar by dave420 · · Score: 1

    Did you honestly just say Africa was a country? No wonder you are so scared of Muslims - your education is clearly some sort of joke foisted upon the rest of the world.

  134. What about international shipping? by partofthepuzzle · · Score: 1

    One of the biggest consumers of fossil fuels is international shipping via container ships. They use massive amounts of crude diesel fuel and emit large amounts of untreated, highly polluting emissions, with very limited oversight while the ships are in international waters. When we consider how much of the world economy is dependent on it, it will take a massive overhaul of the worlds supply of goods and the related economic system to change the shipping industry. It will eventually happen but it's hard to imagine that we'll see it in the next decade.

  135. Re:"Peak Oil" does not mean what you think it mean by Anonymous Coward · · Score: 0

    The truth is... and people hate this conclusion... is that we really don't have a clue how much oil there is, and it's extremely egotistical to have declared in 1974 that we were at peak oil, and then defend that conclusion for the next 30 years as "scientific fact". Which is exactly what people have been doing.

    That being said we should be working as hard as we can to find alternatives, and once again, the actual truth is that we are doing exactly that.

    How do I know this? Because the guy who controls the new world's energy supply will be just a wealthy as the people that control today's energy supplies, and if you don't think that this is the most powerful incentive there is then you are either too inexperienced, or too clueless to understand the problem. My last comment is not directed at the poster, it's directed at anyone who happens to be reading this.

  136. Re:"Peak Oil" does not mean what you think it mean by Anonymous Coward · · Score: 0

    You misunderstand Hubbert's peak. Like Moore's Law, it's not a law of nature or universal truth; it's based on observation.

    All Hubbert said is that production lags discovery by a certain period of time, and that the pattern of production overall follows the pattern for individual fields.

    Since U.S. discoveries peaked in the 1930s and production followed that, it seemed reasonable to project that production would peak around 1970, and in fact it did.

    Of course, there could be a boom in discoveries (not likely) or a boom in production based on new technology (likely). In fact, we have had that boom because fracking changed the game. That doesn't mean Hubbert was wrong; it just means his information was incomplete, and therefore his projections were too.

  137. Sussex Group bias by Anonymous Coward · · Score: 0

    One thing left unmentioned is that the Sussex group is wholly dedicated to removing any fossil fuel from the equation. Trumpeting their 'report' would be equivalent to accepting anything from the fossil fuel industry at face value. Large grain of salt required from anything as one sided as the Sussex group.

  138. Re:Adam Smith Utopianism by Anonymous Coward · · Score: 0

    LOL, in what universe does a government imposed carbon tax equate to the 'free market'? Are you too young to have missed all the market distortions that occur when the government tries to place it's heavy hand on economics?

  139. This from the guy arguing against supply & dem by dbIII · · Score: 1

    Since you are arguing AGAINST supply meeting demand I think your idea of "basic economics" is most definitely something else, such as magic.

  140. Re:World without oil income to middle east is scar by Anonymous Coward · · Score: 0

    I teach classrooms here in the US more than half filled with Arabs from the oil states. They know that their future is uncertain, they are investing heavily in solar and wind tech, and in the engineers that will make it happen. The young people I am training are really polanning to be ready to dump their reliance on oil as fast as they can. Ask a Kuwaiti about oil pollution, they will tell you that their country stinks from the wells, the transport and the refineries that come with oil. And they really really hate it.
    I am not so worried about them, I'm more worried about the Kochs and the Texans building their own armies to "protect their investment" in coal and oil. No, you haven't heard of it yet.....