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World's Cheapest Energy Source Will Be Renewables Within Three Years (qz.com)

Morgan Stanley researchers predict renewable energy will become the world's cheapest form of power within three years. An anonymous reader quotes Qz: Renewable energy is simply becoming the cheapest option, fast... "We project that by 2020, renewables will be the cheapest form of new-power generation across the globe," with the exception of a few countries in Southeast Asia, the Morgan Stanley analysts said in a report published Thursday... Globally, the price of solar panels has fallen 50% between 2016 and 2017, they write. And in countries with favorable wind conditions, the costs associated with wind power "can be as low as one-half to one-third that of coal- or natural gas-fired power plants." Innovations in wind-turbine design are allowing for ever-longer wind blades; that boost in efficiency will also increase power output from the wind sector, according to Morgan Stanley.
The researchers also predict America will reach its Paris Climate Accord targets in 2020 -- five years early -- simply because renewables are already becoming the cheapest option for power.

474 comments

  1. Coal Is Already Cheap by Anonymous Coward · · Score: 1, Funny

    And renewable. Once us humans kill oirselves off, we'll have a whole new batch of coal in another 300 million years.

    1. Re:Coal Is Already Cheap by Anonymous Coward · · Score: 0, Troll

      Coal gets an undeserved bad rap, IMHO.

      I live in PA and last summer we ripped out both of our electric furnaces and replaced them with two coal stoves. No only do they heat better, our electric bill nearly halved during the winter months. And no, it's not "sooty" or anything like that. The coal they deliver to homes comes pre-washed so there is really very little dust.

      Also, PA gives a 10% property tax discount for upgrading to coal from electric or natural gas.

    2. Re:Coal Is Already Cheap by dprimary · · Score: 3, Interesting

      Try living in a town or city filled with coal stoves. No reason to go back to that.

    3. Re:Coal Is Already Cheap by Anonymous Coward · · Score: 0

      I'm in PA right now. Just visiting relatives, but I asked them about this and they said they wouldn't have the slightest idea where to get coal and would feel ridiculous burning it. Like actually lighting it on fire bvrning it. The older ones know where to go get it naturally but it's probably not suitable for use in modern equipment. Actually in Eastern PA you probably would get run out on a rail if neighbors got wind of it.

    4. Re:Coal Is Already Cheap by fustakrakich · · Score: 2

      First off, it won't take 300 million years. We can compost the waste and have your 'coal' ready in less than a year.

      Second, it's we humans...

      --
      “He’s not deformed, he’s just drunk!”
    5. Re:Coal Is Already Cheap by Anonymous Coward · · Score: 0

      I would start look with a google search.

    6. Re: Coal Is Already Cheap by Anonymous Coward · · Score: 1, Funny

      "upgrading to coal from electric"

      Making America Great Again

    7. Re:Coal Is Already Cheap by Anonymous Coward · · Score: 1

      I live in PA and last summer we ripped out both of our electric furnaces and replaced them with two coal stoves.

      Yeah, yeah, electric furnace. What do you do, burn electrons in it?

    8. Re:Coal Is Already Cheap by Anonymous Coward · · Score: 2

      LOL. That's just priceless.

    9. Re:Coal Is Already Cheap by pezpunk · · Score: 0, Flamebait

      enjoy your and your childrens' blacklung, you hillbilly dipshit.

      --
      i could live a little longer in this prison
    10. Re:Coal Is Already Cheap by Bing+Tsher+E · · Score: 1

      I don't live in a town or a city. I agree that not everybody gets to have that choice, though.

    11. Re:Coal Is Already Cheap by Bing+Tsher+E · · Score: 2

      Coal Mining can be mostly automated. We don't need to send old time miners down into the hole anymore. Modern robotics and all that.

    12. Re: Coal Is Already Cheap by Anonymous Coward · · Score: 2, Informative

      Somewhat uniquely in the US, Pennsylvania has an abundance of cleaner burning anthracite coal, though it's more expensive than bituminous. Google coal anthracite vs bituminous.

    13. Re:Coal Is Already Cheap by Anonymous Coward · · Score: 0

      I have a coal boiler and it is cheaper than anything else. It costs one third the price of natural gas to operate. Heat my home with electricity? Hahahahaha! It would cost 10 times as much.

    14. Re:Coal Is Already Cheap by PopeRatzo · · Score: 1, Insightful

      The coal they deliver to homes comes pre-washed

      I prefer acid-washed.

      Plus, you're a lying sack of shit.

      --
      You are welcome on my lawn.
    15. Re:Coal Is Already Cheap by PopeRatzo · · Score: 2, Insightful

      Coal Mining can be mostly automated. We don't need to send old time miners down into the hole anymore.

      That's good, because most of the poor assholes who would otherwise mine coal are dying from either cancer, lung disease or opiate addiction.

      And you can thank the coal industry for all three. Coal destroys communities.

      --
      You are welcome on my lawn.
    16. Re:Coal Is Already Cheap by fahrbot-bot · · Score: 5, Informative

      That's good, because most of the poor assholes who would otherwise mine coal are dying from either cancer, lung disease or opiate addiction. And you can thank the coal industry for all three.

      Coal destroys communities.

      All of what you said and literally. I give you the Centralia, Pennsylvania mine fire:

      The Centralia mine fire is a coal seam fire that has been burning underneath the borough of Centralia, Pennsylvania, United States, since at least May 27, 1962.

      The fire is burning in underground coal mines at depths of up to 300 feet over an eight-mile stretch of 3,700 acres.[1] At its current rate, it could burn for over 250 more years.[2]

      The blaze has resulted in most of the town being abandoned. The population dwindled from 2,761 in 1890 to only 7 in 2013, and most of the buildings have been leveled.

      --
      It must have been something you assimilated. . . .
    17. Re:Coal Is Already Cheap by Anonymous Coward · · Score: 0

      Was it washed with clean water, or soap? Only a suitable detergent can remove persistent contamination :D

    18. Re: Coal Is Already Cheap by Anonymous Coward · · Score: 0

      Just wow. Dust washed off coal's exterior does not magically make it clean-burning without soot.

    19. Re:Coal Is Already Cheap by Barsteward · · Score: 1

      looks like you are heading backwards to the sorry state of affairs that exist in China

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    20. Re:Coal Is Already Cheap by Anonymous Coward · · Score: 1, Insightful

      I assume this is expert trolling, well written and polite enough so that people think you are serious, but containing utter nonsense that will annoy most logical people, especially the pedants here. Well done sir I applaud you,

      Sits back, clap, clap, clap ....

    21. Re: Coal Is Already Cheap by Anonymous Coward · · Score: 0

      Yeas with old style heating elements it would, modern ones with ground heatexchangers are way more effective

    22. Re:Coal Is Already Cheap by cheesybagel · · Score: 1

      I would try to improve insulation before going into radical overhauls like this.

    23. Re:Coal Is Already Cheap by Anonymous Coward · · Score: 0

      A+ trolling. I'm impressed.

    24. Re:Coal Is Already Cheap by slack_justyb · · Score: 1

      First off, it won't take 300 million years. We can compost the waste and have your 'coal' ready in less than a year.

      It's clear that you've never handled bituminous, lignite, or anthracite. Or you've never handled compost. Either way, it's very easy to tell that they aren't the same thing and burning them will show that they are totally different things in energy content too. But just holding coal in your hand is enough to tell it's got more to it.

      Fun thing to try at home. Take a pound of compost and a pound of coal (you'll need to grind up the coal a bit). Light on fire and measure how long you can feel heat from either source (also note you'll need to coax the coal a bit to light). If you are are really savvy, you can also take measurements of how hot each source is over time.

    25. Re:Coal Is Already Cheap by Anonymous Coward · · Score: 0

      you're a bigoted hateful piece of shit

    26. Re:Coal Is Already Cheap by jedidiah · · Score: 2

      They probably have well developed civic infastructure as well as the means to afford more expensive heating options. Coal seems primitive like something the Clampetts would use in their back woods cabin but it's rough equivalent is what people in "Scandanavian Utopias" are forced to deal with.

      --
      A Pirate and a Puritan look the same on a balance sheet.
    27. Re: Coal Is Already Cheap by jedidiah · · Score: 2

      >> "upgrading to coal from electric"
      >
      > Making America Great Again

      Electric heating systems have always been terribly inefficient. This has historically driven up consumer cost. Even if "renewables are cheaper", it may be a wash in the end because of stuff like this.

      --
      A Pirate and a Puritan look the same on a balance sheet.
    28. Re:Coal Is Already Cheap by jedidiah · · Score: 1

      We are drowning in our own waste in some places. So the fact that the energy density of compost is lower may not be at all relevant.

      --
      A Pirate and a Puritan look the same on a balance sheet.
    29. Re: Coal Is Already Cheap by LynnwoodRooster · · Score: 1

      Burn the coal locally, you get all the BTUs out of it for heat. Burn it at a power plant, you lose a good chunk of those BTUs, then more when you turn a turbine, then more with you convert the voltage, then more to transport the power over power lines, then more when you step it back down, then more when it's locally regulated - before you start heat the element. I thought the "green team" loved distributed power for this very reason?

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    30. Re: Coal Is Already Cheap by LynnwoodRooster · · Score: 1

      And the installation costs? A good ground heat exchange system is around $40,000... That buys a LOT of coal...

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    31. Re: Coal Is Already Cheap by arth1 · · Score: 2

      Electric heating systems have always been terribly inefficient.

      Huh? They're close to 100% effective. Except for what little may escape as photons (lights, radio noise), all the electricity you use becomes heat. Can't get more effective than that.
      Electric light systems have been terribly inefficient, as what they predominantly produce is heat. LED lights improve on that, but it's still not efficient.
      But electric heating is so close to 100% effective as it can get, unlike coal/oil/gas, where a 100% redox rate is not achieved, even in the best systems.

    32. Re:Coal Is Already Cheap by tim620 · · Score: 2

      I didn't realize anybody in the USA still used coal to heat their house (seems backwards, expensive and dirty). I live in one of the most rural and one of the coldest (in the wintertime) states, South Dakota. Coal heat hasn't been used here since the early 1900's. It is mostly natural gas, propane (in more rural communities) and electric. Some people use wood on occasion, but not as their primary heat source. My house is a combo. I use an electric heat pump until the temp gets below 30 F, it then switches to natural gas....which is cheap and abundant out here.

    33. Re:Coal Is Already Cheap by tim620 · · Score: 2

      Heating a house with coal seems strange to me. It hasn't been done here for almost 100 years. Natural gas is much cheaper where I live. Electric isn't far behind. There is no easy way (that I'm aware of) to get coal sent to my house, so it would be super expensive to obtain the coal and expensive to change out the natural gas furnace and electric heat pump. Why would I want to go with something that is far more expensive and dirty? Plus, it seems like going backwards in heating technology. If someone in my town/city stated that they were heating their house with coal, most people would laugh and ask which century they are from...

    34. Re:Coal Is Already Cheap by plague911 · · Score: 2

      To be fair, that is rather awesome. Ecologically and economically devastating, but awesome none the less.

    35. Re:Coal Is Already Cheap by fustakrakich · · Score: 1

      Which is easier to dig up? Consider the effort it takes to get that pound of coal out of the ground.

      --
      “He’s not deformed, he’s just drunk!”
    36. Re:Coal Is Already Cheap by slack_justyb · · Score: 1

      Waste does not equal compost. Both might burn but there's a lot of impurity/potential hazard of dangerous gaseous release in the former and in the latter is a slightly more strict and "purified" form of the former. Coal has had the advantage of coalescing into seams by geological processes. One would need to account the processing and cost if we're going to go down this road of compost = coal,
        which it doesn't because of quite a few reasons, density being one coal being almost thirty times more dense than compost. A second being that coal has had time to form nice convenient seams that we can mine without too much trouble.

    37. Re:Coal Is Already Cheap by slack_justyb · · Score: 1

      Consider the effort it takes to get that pound of coal out of the ground.

      Consider the effort it takes to get any random patch of garbage free of plastic strains or other non-organic matter.

    38. Re:Coal Is Already Cheap by HornWumpus · · Score: 1

      There is a coal fire in Austria that has been burning since the Romans let it catch. I assume they were mining something in proximity to the coal.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    39. Re:Coal Is Already Cheap by Anonymous Coward · · Score: 0

      There's one in China that has been burning since they've recorded history.

    40. Re: Coal Is Already Cheap by suutar · · Score: 1

      In a thermodynamic sense you're right, pretty much all the energy becomes heat, as desired. But the electricity to generate X BTUs has historically cost more than the fossil fuel to generate X BTUs, so it's not the economically efficient choice.

    41. Re: Coal Is Already Cheap by Maury+Markowitz · · Score: 1

      > t the electricity to generate X BTUs has historically cost more than the fossil fuel to generate X BTU

      Geo-return heat pumps are, by far, the most energetically efficient and low-opex heating systems. And they cool your home with the same efficiency.

      I had a friend install one in his home in the country. He went from $400 a month in the winter for propane to $450 a year for all heating and cooling. In spite of the huge capex, it paid off in a couple of years.

    42. Re: Coal Is Already Cheap by suutar · · Score: 1

      sweet :) Yeah, heat pumps add to the efficiency significantly. My current home has one but not a geo-return type. If/when I actually own a chunk of land I'll look into that approach. Thanks!

    43. Re: Coal Is Already Cheap by Marxist+Hacker+42 · · Score: 1

      The chunk of land you need to own for an efficient geo-return heat pump (a really efficient one) is six cubic feet- one square foot surface and a pipe loop six feet down to get to the average ground temperature for the area.

      --
      SJW: a person who perceives an injustice, and while correcting it, commits a greater injustice.
    44. Re:Coal Is Already Cheap by Marxist+Hacker+42 · · Score: 1

      Heck, in the forests of the Pacific Northwest, there's a whole new batch of coal every 30 years. Less if there's a forest fire.

      --
      SJW: a person who perceives an injustice, and while correcting it, commits a greater injustice.
    45. Re: Coal Is Already Cheap by WillAffleckUW · · Score: 1

      Actually, you can, and most do, run electric heat from hydro (mini, micro, or full scale), solar, and wind.

      No fossil fuels involved.

      It's 2017.

      Not 1967.

      --
      -- Tigger warning: This post may contain tiggers! --
    46. Re:Coal Is Already Cheap by AutodidactLabrat · · Score: 1

      the compost will have a higher HC count than the coal, including lignite, so the CO2 output / Kw will be lower. As an aside, the compost is carbon removed from the atmosphere being reinserted...
      The coal is "Fossil" Carbon that will raise the heat trap gas levels

    47. Re: Coal Is Already Cheap by suutar · · Score: 1

      True, many do... but a million btus of heat in my area costs about $13 using gas or $34 using electricity (directly, not heat pump).

  2. Free market FTW. by Anonymous Coward · · Score: 0

    The researchers also predict America will reach its Paris Climate Accord targets in 2020 -- five years early -- simply because renewables are already becoming the cheapest option for power.

    Free market FTW.

    1. Re:Free market FTW. by Anonymous Coward · · Score: 5, Insightful

      No, technology, science, and engineering FTW. "free market" parasites show up after the fact and guilt us into giving THEM credit.

    2. Re:Free market FTW. by fustakrakich · · Score: 2, Insightful

      Um, you do know what finances technology, science, and engineering, right?

      --
      “He’s not deformed, he’s just drunk!”
    3. Re: Free market FTW. by Anonymous Coward · · Score: 1

      Chinese communist bureaucrats?

    4. Re:Free market FTW. by Rod+Beauvex · · Score: 0

      So may people do not realize that the 'free market' is the only thing, and that everything is part of the free market, from the government to a literal market to the black market. Every action has an equal an opposite reaction and nature abhors a vacuum. What is true in physics is also true in everything else.

    5. Re: Free market FTW. by aliquis · · Score: 3, Insightful

      All those money you claim unfair taxation has boost the renewable industry with by paying more than what is was worth?

      Not free market. Rather discriminating.

    6. Re: Free market FTW. by Anonymous Coward · · Score: 3, Informative

      If you're talking about cutting edge stuff. It's mostly the Government. There's a good reason lots of STEM professors carry/carried some level of clearance.

      Also see transistors (gov contract to Bell Labs to develop components for radar improvement, general purpose computers for ballistics calculations, ARPAnet, GPS, EPIPEN, etc....). Free market can't be bothered to see things veyond a fiscal quarter.

    7. Re:Free market FTW. by Required+Snark · · Score: 2, Insightful

      It was government funding, not free market investment, that fueled (pun intended) solar power cost reduction. To be perfectly fair, the economies of scale resulted from capitalism, but without government's long term economic commitment capitalists would have no reason to bet money on unproven technology. The solar power market is the result of government policy including technology investment and tax incentives.

      --
      Why is Snark Required?
    8. Re:Free market FTW. by ChrisMaple · · Score: 1

      So ma[n]y people do not realize...

      They don't realize it because it's not true. Slavery exists; it's not the free market.

      --
      Contribute to civilization: ari.aynrand.org/donate
    9. Re:Free market FTW. by fahrbot-bot · · Score: 1

      It was government funding, not free market investment, ...

      You could say all that about the early Internet too.

      --
      It must have been something you assimilated. . . .
    10. Re: Free market FTW. by Anonymous Coward · · Score: 0

      gov taxes and funds?

    11. Re: Free market FTW. by Anonymous Coward · · Score: 0

      for free?

    12. Re:Free market FTW. by Barsteward · · Score: 2

      competent and forward thinking governments

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    13. Re:Free market FTW. by Anonymous Coward · · Score: 0

      They had finances 5000 years ago. How come they didn't have the internet?

    14. Re:Free market FTW. by beelsebob · · Score: 1

      Yup, some people don't realise that socialist policies are just a way of applying game theory to get a better outcome in the capitalist game than "EVERYONE FOR THEMSELVES".

    15. Re:Free market FTW. by tsa · · Score: 1

      Those are words you don't often see in one sentence anymore.

      --

      -- Cheers!

    16. Re: Free market FTW. by jedidiah · · Score: 1

      It sounds like this has more to do with America's interest in finding better and more efficient ways of killing everyone else. This really isn't about "enlightened efficient government" but the American military industrial complex.

      Peaceful civilian applications are just a happy accident.

      --
      A Pirate and a Puritan look the same on a balance sheet.
    17. Re:Free market FTW. by angel'o'sphere · · Score: 1

      to bet money on unproven technology.
      And which technology actually is unproven?

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    18. Re:Free market FTW. by LynnwoodRooster · · Score: 1

      You mean Chinese Government funding, seeking to completely corner the market on solar panels and wind turbines (they've accomplished the former, and are working on the latter - although they do have the market on neo magnets completely sewn up). It was done not as an egalitarian move, but a purely capitalistic/monetary move - corner a market, own the market, increase your own GDP.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    19. Re:Free market FTW. by Anonymous Coward · · Score: 0

      Uhh, could it possibly be both?

    20. Re: Free market FTW. by Anonymous Coward · · Score: 0

      US Government research grants?

    21. Re:Free market FTW. by Barsteward · · Score: 1

      certainly with religious based governments +UK +USA

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    22. Re:Free market FTW. by tsa · · Score: 1

      Add + NL to that. Sigh :(.

      --

      -- Cheers!

  3. Bye bye, Middle East by OneHundredAndTen · · Score: 5, Interesting

    If this pans out, the Middle East problems will become largely irrelevant, outside the Middle East. And Saudi Arabia will revert to what it always was.

    1. Re:Bye bye, Middle East by dbIII · · Score: 5, Insightful

      Funny thing is that was Nixon's plan way back, and then Carter's after the oil shock.
      A huge amount of foreign oil money got donated to both parties to stop that sort of energy independence so now we spend a far larger amount giving free military support to the Saudis.

    2. Re: Bye bye, Middle East by kqs · · Score: 1

      Eventually yes, but not for a while. Oil-based fuels will still be the most energy-dense solutions many years, so the need for oil will continue, sadly. But if the demand for oil decreases, the flood of income into that part of the world will also decrease. Which seems like a fine idea to me.

    3. Re: Bye bye, Middle East by 0100010001010011 · · Score: 1

      If electricity is cheap enough you can generate 'oil-based' fuels out of air and water.

    4. Re: Bye bye, Middle East by knightghost · · Score: 0

      Not when you factor in manufacturing of the pieces and parts to do the electrical generation, storage systems, far more complex energy transmissions, redundant systems due to undependable energy production, etc. Economics still wins out because its the science and engineering of Efficiency and Effectiveness.

    5. Re:Bye bye, Middle East by Anonymous Coward · · Score: 0

      and if by the close of the 1982 knoxville worlds fair (aka the knoxville international energy exposition) that focused on renewable energy and energy efficiency, we actually invested in those.. we would be where we are today...... 25-30 years ago

      hell, we probably wouldn't have given a shit what the middle east was doing, maybe never set boots down there (twice).. and maybe actions like those never would have been needed in the first place, and maybe most the terrorist bullshit that's been going on would never have happened. and maybe, just maybe, the first raimi spider-man movie never would have needed that last-minute edit.

    6. Re:Bye bye, Middle East by Anonymous Coward · · Score: 0

      Not entirely. Oil is the base for plastic production.

    7. Re:Bye bye, Middle East by haruchai · · Score: 3, Interesting

      Funny thing is that was Nixon's plan way back, and then Carter's after the oil shock.
      A huge amount of foreign oil money got donated to both parties to stop that sort of energy independence so now we spend a far larger amount giving free military support to the Saudis.

      The Daily Show did a segment called "8 Presidents" years ago on POTUSes promising energy independence by year X, where X varied from 1980 - 2025. Both funny & sad.

      --
      Pain is merely failure leaving the body
    8. Re: Bye bye, Middle East by aliquis · · Score: 2

      No. Because they are moving out of there.
      It make them a bigger problem. For us. The pepole. Maybe not for US supremacy.

    9. Re: Bye bye, Middle East by aliquis · · Score: 0

      Why?
      KSA suck.
      Why USA hate Iran? Which also suck.

    10. Re:Bye bye, Middle East by haruchai · · Score: 3, Informative

      You can get it from here - http://www.cc.com/video-clips/...

      --
      Pain is merely failure leaving the body
    11. Re:Bye bye, Middle East by Anonymous Coward · · Score: 0

      This. Lets stop pretending to be friends and giving money to people that are using that same money to kill us.

    12. Re:Bye bye, Middle East by fermion · · Score: 1, Insightful
      No, everywhere else is going to be screwed. The current energy situation is because of fracking, not because fracking is cost effective, but because a lot of money has been invested, so they have to sell the oil even if it is break even, and that fracking results in massive quantities of natural gas, which again is sold, even at a loss.

      Fracking therefore has caused a glut in the crude oil market. As long as crude sells for around $70 a barrel, there is a break even costs. However, at these low prices we see destabilization in Russia and Venezuela and other non-middle east countries whose economy depends on oil income. Russia's only hope, other than $125 a barrel oil, is a half trillion dollar deal with the Trump administration that will prop up the Putin government for a generation.

      On the other hand much of the middle east oil is produced at a few dollars a barrel. Their oil will always be sold, and will always be sold at a profit. As oil demand decreases, there countries, including the US, will see significant negative effects. Middle East countries will suffer, but we are a long way away from crude becoming irrelevant.

      --
      "She's a scientist and a lesbian. She's not going to let it slide." Orphan Black
    13. Re:Bye bye, Middle East by pezpunk · · Score: 1, Troll

      ahahah you think a bunch of wealthy, well-armed nations falling into desperate financial turmoil will make those problems LESS? jesus christ conservatives are fucking idiots.

      --
      i could live a little longer in this prison
    14. Re:Bye bye, Middle East by Krishnoid · · Score: 1

      Well, at least they won't be wealthy anymore.

    15. Re:Bye bye, Middle East by ChrisMaple · · Score: 1, Insightful

      Any war that does not end quickly requires that the eventual winner has a strong economy. No matter how many jets, missiles, and cannons you have, if you can't fuel them and provide ammunition, you can't continue fighting a war.

      --
      Contribute to civilization: ari.aynrand.org/donate
    16. Re:Bye bye, Middle East by Anonymous Coward · · Score: 1

      ahahah you think a bunch of wealthy, well-armed nations falling into desperate financial turmoil will make those problems LESS? jesus christ conservatives are fucking idiots.

      Except for one little thing. If we don't need their oil anymore then what the hell are they going to do about it? The United States is thousands of miles away across oceans and the Arab countries have no ability to project power beyond their region. They have no aircraft carriers and no blue water navies to speak of really. Neither do they have ballistic missiles capable of hitting the United States. Finally, they don't have nuclear weapons. From a military standpoint, these people are harmless. We've got them hopelessly outmanned, outgunned, outranged and outclassed. If it wasn't for the oil, we'd have written them all off and left em for dead decades ago.

    17. Re:Bye bye, Middle East by Richard_at_work · · Score: 0

      Renewables does *nothing* to solve the dependence on oil for plastics and oil derivatives - which are pretty much currently 50% of the crude oil market. And growing.

      The Middle East isn't going anywhere soon...

    18. Re: Bye bye, Middle East by Anonymous Coward · · Score: 2, Informative

      The economics is already headed in this direction. California generates so much electricity with their solar power that we in Arizona are paid to take it during the day which is great for us!

      Arizona has also steadily been solving the power dip but even if we only power ourselves during the day on renewables we are heading in the right direction. Plus we have solutions to this already deployed. We just need to keep going and the cost of AC in this state won't need to hurt so bad in the summer.

    19. Re:Bye bye, Middle East by Anonymous Coward · · Score: 0

      The economics of the middle east petro states are a bit different. It is not a matter of if the oil is gotten and sold at a profit. In those parts of the world the oil sales are the government income and fund the whole state. if the price of oil falls to a value for long enough that the core public goods can not be provided, then societal breakdown becomes a threat. That is bad in any place.

    20. Re: Bye bye, Middle East by fahrbot-bot · · Score: 3, Interesting

      But if the demand for oil decreases, the flood of income into that part of the world will also decrease. Which seems like a fine idea to me.

      Ya, but as Slater said on Archer, "If you think the Middle East is messed up now, just wait until nobody needs their oil.".

      --
      It must have been something you assimilated. . . .
    21. Re:Bye bye, Middle East by phantomfive · · Score: 0

      You seem confused......we don't usually use oil to generate electricity, we use coal. A massive change in power-generation won't really hurt oil producing countries.

      When the price of an electric car drops to the point that a dog can buy one, then you can start laughing at countries like Venezuela.

      --
      "First they came for the slanderers and i said nothing."
    22. Re:Bye bye, Middle East by phantomfive · · Score: 1

      That's one of my favorite Daily Show segments.

      --
      "First they came for the slanderers and i said nothing."
    23. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      True, but electricity has to be a lot cheaper to make up for the inefficiencies in the process. I remember reading some optimistic predictions of using nuclear power to do that that had a break-even with oil around $4/gal for gas. At the time (around the highs of gas prices over $3), that didn't seem that far off, but now it seems absurd.

    24. Re:Bye bye, Middle East by bluegutang · · Score: 1

      They won't be wealthy for more than a few years. (In fact, many of them already aren't.)

    25. Re: Bye bye, Middle East by Gavagai80 · · Score: 5, Insightful

      No, actually it's the abundance of oil that makes the middle east a mess. Just as the abundance of natural resources have fueled so many wars in Africa. It's called the paradox of plenty.

      --
      This space intentionally left blank
    26. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      It's BECAUSE they have oil that the region is messed up.
      see : https://en.wikipedia.org/wiki/Resource_curse

    27. Re: Bye bye, Middle East by MatiasKiviniemi · · Score: 1

      ..and us in Europe will need that wall :)

    28. Re:Bye bye, Middle East by Anonymous Coward · · Score: 0

      I often see the fallacy that electric cars must be ubiquitous before it impacts the price of oil. However, oil is priced on the marginal barrel. A few percent drop in demand will have a massive impact on the price and on the economies that depend on it for revenue. So it doesn't take many switching to electric to have a very big effect.

    29. Re:Bye bye, Middle East by Anonymous Coward · · Score: 0

      you forget who now owns your economic assets and even renewables.... they used that money to diversify investment and risk ...surprise!

      And Saudi Arabia will revert to what it always was.

    30. Re:Bye bye, Middle East by Anonymous Coward · · Score: 0

      More and more countries (mainly in EU) plan to ban non-electric cars before the next twenty years.

      If Europe can drastically reduce its oil dependency then bye bye Middle East.

      The sooner the better.

    31. Re: Bye bye, Middle East by Anonymous Coward · · Score: 1

      They will become solar and agricultural power belt. Using energy of Sun to desalinate water, they can produce plenty of biomass and export all three: energy, water, organic compounds (food, fuels, and maybe biogenic raw nano-materials).

    32. Re:Bye bye, Middle East by jabuzz · · Score: 4, Insightful

      Except that is bulshit

      https://www.eia.gov/tools/faqs...

      In the USA in 2016, 48% for motor gasoline aka what goes in cars, 20% was distillate fuel aka heating oil and diesel fuel, and 8% was jet fuel. That makes at least 74% being burnt for fuel.

      Only about 5% of oil is used to produce petrochemicals. Stop using oil for transportation and domestic production more than covers usage in both North America and Europe (even excluding all the ex USSR states). At that point the middle east is largely fucked.

    33. Re:Bye bye, Middle East by 140Mandak262Jamuna · · Score: 4, Insightful
      It will not. All the renewables are attacking fixed point energy consumption, homes, businesses, offices and factories. They do nothing to transportation sector.

      In transportation sector, (kerosene for jets, furnace oil for ships, diesel for trucks and most trains, gasoline for cars) there is no alternative in three or even 10 years. Electric trains are the only thing in transportation sector that could benefit by renewables.

      Iceland has geothermal electricity so cheap that 15% of the world aluminum is made there. (Aluminum can not be separated from the ore, bauxite, by melting, you need electrolysis, no electricity no aluminum). Despite that cheap electricity, there is smog and pollution in Reykjavik, because of all the cars and trucks.

      --
      sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
    34. Re:Bye bye, Middle East by meglon · · Score: 1

      You obviously aren't old enough to remember Vietnam.... or Afghanistan (for the ruskies).

      --
      Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
    35. Re:Bye bye, Middle East by Anonymous Coward · · Score: 0

      You might want to have a look at this video: https://www.youtube.com/watch?v=2b3ttqYDwF0

    36. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      Not really true, but Let's never let facts and the limits of scientific progress get in the way of a strange fantasy, right?

    37. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      Yeah... Lets go with that then.

      The alternative is that ultra-rich countries/companies have worked very hard destabilizing those resource-rich regions (like Africa and the Middle East) because A) it's sometimes cheaper to make a deal with a corrupt politician trying to cement power and B) if the plentiful resource is driving down the price of your goods AND you don't have a monopoly on getting resources from an area, make it so no one can get to the resources.

    38. Re: Bye bye, Middle East by AmiMoJo · · Score: 2

      Most of those countries are investing heavily in other areas now, often tourism. Tourism is actually really good for them to invest in, because it means they have to be moderate and modernize in order to attract people to the region.

      The end of large scale oil production in that region can only be a good thing.

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

      That is a good point, which shows the complexity of the situation. Either analysis is probably equally lacking.

      The oil states won't idly fade. They'll try to pivot. Will the be successful? Will their new economy be as conflict prone? Dubai is an example of an economy trying to evolve.

      Another open question is: how much does global intervention keep conflict going in the modern middle east? It certainly seems like it does. And how much of this intervention is oil driven? Are there other motives?

    40. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      Or if you need it bad enough. The US military is researching this since those jets on the carriers won't do you any good if you don't have fuel because your supply chain was cut off.

    41. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      POP = bullshit. USA and England and Canada and Australia have infinite amounts of carbon fuel ... all democracy mavens. Another factor(s) involved you say? Then yes, POP is Green drooler bullshit.

    42. Re: Bye bye, Middle East by slack_justyb · · Score: 1

      If electricity is cheap enough you can generate 'oil-based' fuels out of air and water.

      There's multiple ways to get there, none are easy. If we have a lot of excess energy then a straight conversion isn't all that hard, but we need a lot of excess energy. We could also get there if there's some massive breakthrough in the conversion process. At the moment, syngas isn't a very easy product to produce and from what we know we need syngas as the precursor to anything past syngas like ethanol. GMOs might be another way to get to that end. GMOs built to produce hydrocarbons at better than photosynthesis rates might get produced one day.

      There's a ton of ifs and unknowns at the moment, so it's a shot in the dark kind of thing to thing to reach a concrete method for how we get there. However, no matter what we come up with, we definitely will need to change where we use hydrocarbon fuel. There's no method we could come up with that would satisfy all of our current HC fuel needs/wants. While pure electric might work for cars, jet planes (for example) just aren't going to become electric unless we have a massive revolution in materials/batteries.

      An electric motor built to move a jet to take off speed would be massive, that's not also mentioning the size of the batteries that would be required to power the massive motor. Even if Lithium air batteries get invented you still run into the matter of how absolutely massive an electric motor to move something 200+ MPH that weighs 187k pounds at takeoff would be (sorry that's using 737 weight at takeoff currently, an airplane using an electric motor would be heavier if all other things stayed the same, but you could have fewer people, less cargo, carbon fiber, etc to change that as well, but I couldn't come up with a number for weight of electric jet that would be anywhere meaningful. Also I'm at work at the moment so trying to crunch numbers is proving to be difficult with the onslaught that is my job. However, there is a Reddit thread that talked about this.).

      That said, is still very reasonable in my opinion if we have trains, cars, and boats electric and jets remain fuel based. If we can change the world to be like this where jets are the reason we keep producing fuels, we just might be able to produce enough syngas and ethanol from thin air to keep us all happy.

      You have a very good comment because it's one of those, "there's a lot of variables involved" type questions that I always find so interesting.

    43. Re:Bye bye, Middle East by Anonymous Coward · · Score: 0

      Numbers make my head hurt.

      Signed the internet.

    44. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      Most of the very wealthy individuals in those countries are investing heavily in other areas now, often tourism. Tourism is actually really good for them to invest in, because the infrastructure improvements don't need to be long term investments (since tourists don't put the same strain on things as locals) and the tourist infrastructure doesn't need to help the locals.

      There. Fixed that for you.

    45. Re: Bye bye, Middle East by angel'o'sphere · · Score: 1

      But if the demand for oil decreases, the flood of income into that part of the world will also decrease.
      They likely just increase the price upward and for big exporters the net income will be the same.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    46. Re: Bye bye, Middle East by tsa · · Score: 0

      Indeed. I still wonder how you can melt enormous amounts of steel with solar or wimd energy, or how you can make big silicon crystals with it. The energy density you need for that is so huge.

      --

      -- Cheers!

    47. Re: Bye bye, Middle East by jedidiah · · Score: 1

      Yes. The fact that it's the remnant of an ancient empire with no democratic traditions has nothing to do with.

      --
      A Pirate and a Puritan look the same on a balance sheet.
    48. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      No, actually it's the abundance of oil that makes the middle east a mess. Just as the abundance of natural resources have fueled so many wars in Africa.

      I don't know about ancient Africa, but the Middle East has been embroiled in one conflict after another going back millenia.

    49. Re: Bye bye, Middle East by LynnwoodRooster · · Score: 1

      In the Middle East, the UAE (Dubai in particular) has focused on tourism heavily. It also has the smallest oil reserves. The rest of the Middle East? Not really a place for tourists unless you like your women covered, your men not Christian or Jewish, and stopping to pray 5 times a day... And yes, I've been there too many times.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    50. Re:Bye bye, Middle East by bongey · · Score: 1

      I miss Jon Stewart , he was on the left but he was balanced.

    51. Re: Bye bye, Middle East by 0100010001010011 · · Score: 1

      You are correct, truly out of thin air is very energy expensive. However syngas can be generated from any organic feedstock. We could start mining landfills, use electric heat to get them to put off CO/H2O and then use that to make fuel.

    52. Re:Bye bye, Middle East by LynnwoodRooster · · Score: 1

      Where the North Vietnamese were funded and supplied by China and the USSR, and the Afghanis were funded and supplied by the US, you mean...

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    53. Re:Bye bye, Middle East by doug141 · · Score: 1

      "My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his son will drive a Land Rover, but his son will ride a camel" -Rashid bin Saeed Al Maktoum
      https://en.wikipedia.org/wiki/...

    54. Re: Bye bye, Middle East by RabidReindeer · · Score: 1

      Indeed. I still wonder how you can melt enormous amounts of steel with solar or wimd energy, or how you can make big silicon crystals with it. The energy density you need for that is so huge.

      Go to YouTube and look for the video where the guy smelts quarters using nothing but the sun, a support frame, and the Fresnel lens pulled from an old TV.

      Now think about what would happen if you had a factory-sized array of solar concentrators. Large concentrator arrays are already being used today.

    55. Re: Bye bye, Middle East by tsa · · Score: 1

      That's interesting but is that enough to power a foundry? I still doubt it.

      --

      -- Cheers!

    56. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      "Oil-based fuels will still be the most energy-dense solutions many years"

      Yes, but only a few applications (transportation, some urban, etc) really care about energy density. Most applications (heating, power grid, manufacturing, etc) really don't care about how dense the source is (within reason) only its cost and reliability. For example if you're talking about a residential battery you generally don't care if its the size of a mower or the the size of a Buick, as long as it is relatively cheap and lasts a good long while you can probably find someplace to mount/bury it.

    57. Re:Bye bye, Middle East by EndlessNameless · · Score: 3, Interesting

      Presidents are politicians, so their opinions on energy independence are largely worthless. They sell pipe dreams for votes. Same on both sides, regardless of who has done it the worst lately.

      But now we have both academics and industry speaking favorably of renewables. Now I'm listening.

      Traditional oil companies investing in renewable technologies? OK, the market is moving itself instead of being bullied by government incentives and regulations.

      It's a long way from being a done deal, but it's actually happening as we speak.

      --

      ---
      According to the latest ruleset, this post should be modded as Vorpal Flamebait +5.
    58. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      What a load of bull pussy from both your post and your wiki link. People are starving in Africa because of too much food? Uh no. People in the middle east are poor because they have too much oil money? Nope. What a load of shit.

    59. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      > No, actually it's the abundance of oil that makes the middle east a mess.

      Its the abundance that made it a mess. But all of the money that is now there isn't going to just evaporate when oil revenue drop. The money fuels the fighting now, but it also pacifies the proletariat through subsidies. When the subsidies go away the people will become desperate. All of the power structures the west has tacitly supported are going to be pulled down in a spasm of populism. Its going to be fucking hell. You think syrian refugees are a problem now? Just wait until everybody is starving.

    60. Re: Bye bye, Middle East by KGIII · · Score: 1

      You have an unusual definition of 'infinite.'

      --
      "So long and thanks for all the fish."
    61. Re:Bye bye, Middle East by haruchai · · Score: 2

      I miss Jon Stewart , he was on the left but he was balanced.

      Balanced, but not fair? :-)

      --
      Pain is merely failure leaving the body
    62. Re: Bye bye, Middle East by RabidReindeer · · Score: 1

      Why doubt when you can google? https://en.wikipedia.org/wiki/...

      I like this quote. It indicates that concentrating the Sun's energy on an industrial scale is hardly a new idea:

      A legend has it that Archimedes used a "burning glass" to concentrate sunlight on the invading Roman fleet and repel them from Syracuse. In 1973 a Greek scientist, Dr. Ioannis Sakkas, curious about whether Archimedes could really have destroyed the Roman fleet in 212 BC, lined up nearly 60 Greek sailors, each holding an oblong mirror tipped to catch the sun's rays and direct them at a tar-covered plywood silhouette 49 m (160 ft) away. The ship caught fire after a few minutes; however, historians continue to doubt the Archimedes story.

      I suspect that any "repulsing" that was done - if any - was more like Romans turning away from hot blinding light, but the fact that a mere 60 sailors could ignite even a rigged dummy without any accelerants beyond those naturally found in a wooden ship is an indication of real power. Imagine if there had been 300 of them.

      In the modern day, as the rest of the article indicates, quite a lot is being done and the associated math is provided.

      Solar Smelters International has their own Facebook page. And, as I said, you can build your own: http://www.instructables.com/i...

      All the rest is simply a matter of scale. Commercial factories often have thousands of square feet of roof space. A typical location in the USA can receive about 5KWh/meter/day power. That's PER day, meaning yes, rain, clouds and night-time included. And because we're talking direct heat-to-heat concentration, the efficiency is a lot higher than photovoltaics,.

      So the question is: how skeptical are you?

    63. Re: Bye bye, Middle East by Anonymous Coward · · Score: 0

      End of oil also means end of Petro dollar, means end of US empire, means US is F*****. Although looking at actions around the world: Russia and China dealing in none dollar oil trade, as is Iran and India, also in 2 months time shanghai oil futures will be launched denominated in Yuan dollar, Petro dollar end is even much closer and unfortunately so is the US empire...!

  4. End of subsidies by Anonymous Coward · · Score: 0

    Good, this will mean they can stand on their own feet as opposed to being artificially propped up by subsidies...

    1. Re:End of subsidies by Anonymous Coward · · Score: 0

      What subsidies do power generators receive for renewables? Please be specific. Thx.

    2. Re:End of subsidies by Anonymous Coward · · Score: 0

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

    3. Re:End of subsidies by Anonymous Coward · · Score: 0

      Please be specific. Thx.

      Fail

    4. Re: End of subsidies by Anonymous Coward · · Score: 3, Informative

      Net metering at the residential scale. Forcing energy companies to pay retail instead of wholesale is a direct subsidy to residential solar. Requiring some fraction of renewable generation forces the power companies to pay wind even when Nuclear is cheaper. That's a direct subsidy. California, in particular, requires power companies to,buy all available renewable power, whether or not they need it. That subsidizes renewables by ensuring that they never have idle capacity. The EPA Andrew other federal and state agencies giving coal construction, particularly major repairs and upgrades, a pocket veto by just not responding to permit actions is an indirect subsidy, as they are deliberately driving up the construction cost to competition. Ignore direct congressional pressure on major landholders in the desert southwest to force them into leasing their land to politically connected renewable companies at well below market rates. And let's not get started with the average of a decade and a half of regulatory and judicial delays to nuclear construction which increase the cost ten-fold. No subsidies here.

    5. Re: End of subsidies by Anonymous Coward · · Score: 0

      I can build an off grid 8kw solar power system for 21k. It would pay for itself in six years. Lets say I spend about $1000 a year after 5 years to replace batteries, panels, inverters. I am still saving tens of thousands over 30 years. Where is the subsidy?

    6. Re: End of subsidies by Rei · · Score: 5, Interesting

      Net metering at the residential scale. Forcing energy companies to pay retail instead of wholesale is a direct subsidy to residential solar.

      It can also be the other way around. Solar production tends to correspond with peak demand, and peaking power costs an arm and a leg. A solar user importing power at night and exporting power during the day is doing operators a favour.

      That said, I think it would be fair to do what we do in Iceland with power bills, that is separate the infrastructure cost on your bill (aka, what it costs them to provide you with a power connection, amortized) from the generation cost. So if you want a grid connection, you always pay the infrastructure bill - but your generation bill could be net metered, even negative, ideally wholesale** both ways with time-of-use taken into account.

      ** Wholesale because you're already paying the overhead cost separately.

      The EPA Andrew other federal and state agencies giving coal construction, particularly major repairs and upgrades, a pocket veto by just not responding to permit actions is an indirect subsidy, as they are deliberately driving up the construction cost to competition.

      Citation needed for specifics showing that this is some sort of widespread practice, or even that it occurs at all. The feds generally have no say in "coal construction" excepting where it touches upon the EPA, which is obligated by law to respond to all permit actions. Coal-producing states are generally extremely coal friendly.

      Ignore direct congressional pressure on major landholders in the desert southwest to force them into leasing their land to politically connected renewable companies at well below market rates.

      Again, "Citation needed showing that this is some sort of widespread practice, or even that it occurs at all." What you're describing is eminent domain - quite common with roads, oil pipelines, power lines, etc, but can you name a single example of it being used for building "renewable" power plants in "the desert southwest"?

      And let's not get started with the average of a decade and a half of regulatory and judicial delays to nuclear construction which increase the cost ten-fold.

      Pure nonsense. Name a single nuclear power plant that has had its cost "increased ten-fold" due to "regulatory and judicial delays". One can easily take a look at power plants that have gone way over budget - for example, here's one of the most extreme cases in modern times. Planned for 2010, but now probably not operational until as late as 2020, and coming in at three times its initial budget. Why? NIMBYs? Red tape? Hardly:

      "The delays have been due to various problems with planning, supervision, and workmanship"
      "The first problems that surfaced were irregularities in the foundation concrete, "
      "Later, it was found that subcontractors had provided heavy forgings that were not up to project standards and which had to be re-cast"
      "An apparent problem constructing the reactor's unique double-containment structure also caused delays, as the welders had not been given proper instructions"
      "... told the BBC that it was difficult to deliver nuclear power plant projects on schedule because builders were not used to working to the exacting standards required on nuclear construction"
      "...are in bitter dispute over who will bear the cost overruns and there is a real risk now that the utility will default."

      Tell me, when was the last time that you welded a large-diameter zirconium-alloy pipe and X-rayed it for defects, with any possible sign of imperfection meaning having to cut it off and start from scratch? How many people in the world do you think have that skillset? Because that's what's involved in nuclear power plant construction - it is extremely exacting. And if you think it'd be just jolly to cut corners, by all means hold that view, but understand that I most definitely will not be joining you in that.

      --
      Dear Diary...today I was pompous and my sister was crazy.
    7. Re: End of subsidies by Anonymous Coward · · Score: 0

      I can build an off grid 8kw solar power system for 21k. It would pay for itself in six years. Lets say I spend about $1000 a year after 5 years to replace batteries, panels, inverters. I am still saving tens of thousands over 30 years. Where is the subsidy?

      you clearly didn't address any of the subsidies I listed. You're denying that the cheap solar panels you mentioned are being subsidized by the chinese government in order to control the market. You crreate a stupid strawman (8kw, really?) to distract because you have no counter-argument.

    8. Re: End of subsidies by Rei · · Score: 3, Interesting

      You're denying that the cheap solar panels you mentioned are being subsidized by the chinese government in order to control the market.

      Chinese solar panels face anti-dumping tarriffs upon import to the US to combat this, in some cases as high as 239%, due to the low-interest loans the Chinese government gives solar manufacturers. And they've faced these tarriffs since 2012. China, for its part, denies that its dumping, and says that the loans are simply an investment in clean power and an attempt to improve the environment. Of the top 10 manufacturers, 4 are from China, 2 from the USA, 2 from Taiwan, one from Canada and one from South Korea.

      China not only produces extensively to export, but also has a huge domestic solar consumption as well. For example, China just completed the world's largest floating solar farm. China is the world's largest market for photovoltaics and is the world's largest producer of solar power. They're on track to have over 100 GW installed solar power by 2018 (up from 77GW in 2016). They also use 70% of the world's total installed solar water heating.

      --
      Dear Diary...today I was pompous and my sister was crazy.
    9. Re: End of subsidies by beelsebob · · Score: 1

      What makes you think an 8kW system is a strawman? That's a pretty normal size for a system these days and the price is pretty accurate.

    10. Re: End of subsidies by Anonymous Coward · · Score: 1

      Tell me, when was the last time that you welded a large-diameter zirconium-alloy pipe and X-rayed it for defects, with any possible sign of imperfection meaning having to cut it off and start from scratch?

      Not to take away from your point, but... this is not an uncommon requirement for any important infrastructure. A bridge went up near me which connected two boroughs. There were several months of delays when inspectors did x-ray checks of the welds and determined they had not been done to the rigorous standards set in the contract. "They had to grind (each weld) out, cut it out and gouge it out and fix it"

    11. Re: End of subsidies by Rei · · Score: 1

      You make bridges out of zirconium where you are? Impressive budget you have ;)

      --
      Dear Diary...today I was pompous and my sister was crazy.
    12. Re: End of subsidies by lars_stefan_axelsson · · Score: 1

      Tell me, when was the last time that you welded a large-diameter zirconium-alloy pipe and X-rayed it for defects, with any possible sign of imperfection meaning having to cut it off and start from scratch? How many people in the world do you think have that skillset? Because that's what's involved in nuclear power plant construction - it is extremely exacting.

      That said, the reason that we don't have the necessary skill set readily available today is because NIMBY-ism and regulatory hoops (esp. laws regarding public purchasing - cheapest bidder wins) means that nuclear is a more or less dead industry. When everything you ever build is a once-in-a-lifetime one-off, of course you're not going to reap any benefits from economy of scale, a mature subcontractor market, industry tradition and knowledge etc. etc.

      So, the politics mentioned above did manage to kill nuclear, but indirectly, by making it such an uncertain (huge political risk) and unattractive field that the economy to support is isn't there. It's not inherent in the technology itself, we managed to do this (including welding) well enough in the sixties and seventies; as a species we're better at it now...

      --
      Stefan Axelsson
  5. Re:CNN is FAKE NEWS by Anonymous Coward · · Score: 0

    if u disagree ur racist

  6. But I don't want to use hot air for power! by Anonymous Coward · · Score: 1

    Sure, we can hook up all those politicians and trolls to the new wind turbines, but do we really want to have to keep them around?

    1. Re:But I don't want to use hot air for power! by ChrisMaple · · Score: 1

      You need to hook up the politicians to the output of the wind turbines.

      --
      Contribute to civilization: ari.aynrand.org/donate
    2. Re:But I don't want to use hot air for power! by meglon · · Score: 1

      Depends how you hook them up... if it's with a short rope to a 60 foot blade.... well....

      --
      Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
  7. Remember, in Supply and Demand, Supply comes first by darthsilun · · Score: 2, Funny

    Rick Perry says if we put the coal out there, the demand for it will follow.

    (What do you want from a guy who got his degree in Animal Science?)

    Never mind that Natural Gas is cheaper. I have a choice when I buy my electricity. Up to now I've been buying from a utility that produces more from renewables – just because it's more expensive, not because it comes from renewables. Now that coal is the more expensive option I'll switch to that. It costs more, it's got to be better, right?

  8. Re:Remember, in Supply and Demand, Supply comes fi by Anonymous Coward · · Score: 0

    Is your degree in OffTopic?

  9. Re:Remember, in Supply and Demand, Supply comes fi by Anonymous Coward · · Score: 0

    Did you see that article on how many people have purchased iPhone 10 phones already?

  10. One small problem by Synon · · Score: 5, Insightful

    What about the cost of energy storage? Producing it is not enough if you can't use it at-will.

    1. Re:One small problem by Anonymous Coward · · Score: 1

      What about the cost of energy storage? Producing it is not enough if you can't use it at-will.

      Total systemic costs are always ignored in these projections. Wind and Solar enjoy being propped up by conventional generation. Once they hit around >25% total annual MWH generation it becomes VERY costly. First, massive transmission upgrades will be required. Second, a LOT of curtailment of wind and solar which means they will cost more. THIRD, we will still need most of the existing conventional assets for low output days, so those maintenance and asset costs will remain. Storage costs even more.

    2. Re:One small problem by dprimary · · Score: 5, Informative

      Utilities are already adding storage it became cost effective about a year ago. Cheaper then adding peaker plants.

    3. Re:One small problem by arth1 · · Score: 1

      We can store the energy from the sun in plants.
      It's fairly cheap.

      Although strictly speaking the sun is not a renewable source of energy. Life on Earth has already lived through most of the Sun's life span.

    4. Re:One small problem by Anonymous Coward · · Score: 0

      Yup! Expensive Green = Brown

    5. Re:One small problem by Socguy · · Score: 1

      Well, if we're going to get super strict about what counts as 'renewable', then nothing in the universe can ever be truly renewable, 'cause, gosh, it's all going to end somehow! Let's just agree that a source of energy which will continue for billions of years is renewable.

    6. Re:One small problem by Rei · · Score: 3, Insightful

      Plants are an incredibly inefficient means to capture light energy. At best you're looking at capturing a couple percent of the energy - more typical is a fraction of a percent. Then you throw half to three quarters of it away due to processing/conversion losses and Carnot losses in combustion. And they use large amounts of water, don't function for half the year in most locations, require pesticides and fertilizers, and on and on.

      --
      Dear Diary...today I was pompous and my sister was crazy.
    7. Re:One small problem by Anonymous Coward · · Score: 0

      Then you throw half to three quarters of it away due to processing/conversion losses and Carnot losses in combustion.

      Carrot losses?

  11. And I've found a new source of energy by Anonymous Coward · · Score: 0

    I installed creimer panels on my house; they convert bullshit to electricity. I'm set for life!

    1. Re:And I've found a new source of energy by Anonymous Coward · · Score: 0

      I got bitcoin. Where are my cock eggs?

    2. Re:And I've found a new source of energy by Anonymous Coward · · Score: 0

      Can you post your amazon affiliate link to the creimer panels?

    3. Re:And I've found a new source of energy by Anonymous Coward · · Score: 0
  12. Truth hurts? by Anonymous Coward · · Score: 0

    As long as they will continue the government subsidies to implement renewables and tax the crud out of all the rest. Then, yes they are right.

    I guess the truth hurts when it conflicts with their reality.

  13. Re:Remember, in Supply and Demand, Supply comes fi by Anonymous Coward · · Score: 0

    Perry was the President of Texas, so he knows a lot about oil and energy.

  14. Re:Remember, in Supply and Demand, Supply comes fi by Anonymous Coward · · Score: 0

    Aww, poor trump snowflake. Do you need a safe space like Pence?

  15. Not renewable by rossdee · · Score: 0

    The Sun is not renewable.

    Sure its going to keep turning hydrogen into helium for a few more billion yeats bit its not renewable.

    They need to use another term

    1. Re:Not renewable by focitrixilous+P · · Score: 1

      Maybe we can build things up again someday

      --
      SAILING MISHAP
    2. Re:Not renewable by arth1 · · Score: 1

      True.
      Hawking radiation is renewable, but a tad outside our reach right now, in any quantities that's useful, at least.
      Vacuum energy is so renewable that it can only be borrowed, so it's not a good source.

    3. Re:Not renewable by arth1 · · Score: 2

      Proton emitters like Cobalt-53 are rather rare, and we'd need a lot to generate enough hydrogen to restart the Sun.

    4. Re:Not renewable by Anonymous Coward · · Score: 0

      Here we go again with the joke about the two most common elements in the universe are hydrogen and stupidity.

    5. Re:Not renewable by Rei · · Score: 1

      Hawking radiation is not renewable. That said, the lifespans of black holes are usually written in scientific notation with a large exponent, so....

      --
      Dear Diary...today I was pompous and my sister was crazy.
  16. Re:Remember, in Supply and Demand, Supply comes fi by Anonymous Coward · · Score: 0

    LOL

  17. Re: Remember, in Supply and Demand, Supply comes f by kqs · · Score: 1

    A bold move! But it makes sense. The most expensive electrons are usually the best electrons! That's just logic, my friend.

  18. Re:Remember, in Supply and Demand, Supply comes fi by fustakrakich · · Score: 1

    Animal Science

    You saying there's another kind?

    --
    “He’s not deformed, he’s just drunk!”
  19. Very interesting by Anonymous Coward · · Score: 0

    Another name for this is "blowing smoke out your ass".

    MAGA, baby! MAGA!

    1. Re:Very interesting by Anonymous Coward · · Score: 0

      And solar panels contain toxic chemicals and will be a nice toxoc brew when mixed with all the CFL bulbs in the trash.

    2. Re:Very interesting by wierd_w · · Score: 5, Interesting

      You are still thinking of the 1980s there AC.

      Many of the current solar panel designs do not use arsenic in the panel doping process. Much of the research has been in the development and use of inexpensive organic molecules, and even plastics instead.

      This is one of the reasons why the price has declined so precipitously; It is not just China flooding the market with cheap (artificially price lowered) panels-- It is also ACTUALLY LESS EXPENSIVE manufacturing processes that do not incorporate toxic metaloids, like arsenic, which have costly refinement processes with expensive waste materials-- instead favoring organic molecules deposited with a simple chemical reaction onto pure crystalline silicon, or onto a suitable plastic substrate. In some cases, the photon collecting capabilities come from nanostructures generated inside the silicon using laser assisted vapor deposition, and other novel techniques.

      If you had actually been following the research and science in emerging panel designs and technologies, you would know that-- but you were clearly too busy poopooing it instead.

    3. Re:Very interesting by Anonymous Coward · · Score: 0

      Fossil fuels have such an impeccable track record with regard to the environment.

    4. Re:Very interesting by Anonymous Coward · · Score: 0

      Coal doesn't cause environmental damage. Coal is natural, organic, and part of the environment.

    5. Re:Very interesting by angel'o'sphere · · Score: 1

      Arsenic basically never was used in silicon based PV cells anyway.
      It is used in Galium/Arsenid cells. And that means: the toxic stuff is inside of the cell, and can not really get out anyway.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
  20. Probably not by Picodon · · Score: 5, Interesting

    If this pans out, the Middle East problems will become largely irrelevant, outside the Middle East. And Saudi Arabia will revert to what it always was.

    I’m not so sure about that. There is more at stake in the region than just oil revenue, like competing regional influence (with military benefits), mass migrations, exportable terrorism and, of course, the Israel-Arab conflict in which the U.S. has always been knee deep. Turning the region into a resourceless dump of poverty is unlikely to improve things for anyone. If coal country here in the U.S. can effortlessly swing to radical extremes because their outdated jobs have gone away, think of what’s likely to happen in the Middle-East when it’s their turn. It would probably be smart to help them to a soft landing and rebound to better opportunities.

    1. Re:Probably not by Anonymous Coward · · Score: 0

      Wait. Are you saying that Saudi Princes will suddenly start voting Republican against their best interest?

    2. Re:Probably not by hyades1 · · Score: 1, Insightful

      Three of the most hate-driven religions on Earth have their origin in the Middle East. They've been slaughtering each other for millennia, so I have to whether anything sensible people can do will pry these people away from each others' throats.

      Might just as well buy popcorn and watch the show.

      --
      I've calculated my velocity with such exquisite precision that I have no idea where I am.
    3. Re:Probably not by ChrisMaple · · Score: 5, Insightful

      The Middle East, Israel excepted, is a "resourceless dump of poverty" because of the people and their self-destructive beliefs. Israel, like Hong Kong, is essentially resourceless and has become relatively rich through intelligent human action.

      --
      Contribute to civilization: ari.aynrand.org/donate
    4. Re:Probably not by Anonymous Coward · · Score: 0

      The US has had a military presence in the ME for one reason. Making sure no single country could take control of the oil exports from the region. The US was basically blackmailed into serving as muscle for the dictators and autocrats running the region after the OPEC Oil embargo in the 70's. OPEC and its associated countries have lost the power needed to manipulate others to do their bidding to ensure stability in the global oil market. It should be abundantly clear that "regional influence" is becoming less important by the day.

    5. Re:Probably not by Anonymous Coward · · Score: 0

      It would probably be smart to help them to a soft landing and rebound to better opportunities.

      Hell no. Screw em. They've been bending us over the oil barrel for decades, charging us out the ying-yang for the black stuff and now you want to give them even more of our resources? Let them pound sand. I hear they've got lots of that left in the Middle-East.

    6. Re:Probably not by Anonymous Coward · · Score: 2, Insightful

      Three of the most hate-driven religions on Earth have their origin in the Middle East.

      Christianity, Judaism and Islam?

    7. Re:Probably not by arobatino · · Score: 4, Informative

      Turning the region into a resourceless dump of poverty is unlikely to improve things for anyone.

      Lifting the Resource Curse probably will improve things in the long run.

    8. Re:Probably not by idji · · Score: 1

      Or, we could finally see the end of the energy wars that have plagued the Middle East since then 19th century. If "we" don't need the middle East anymore because "we" can produce our own energy then "they" will be able to produce cheap energy too, and democratizing energy production disempowers those who control the energy, and that may lead to peace in the middle East faster than anything, when there is nothing left to fight over - if everyone has energy and food and water, then they can get on with their lives.

    9. Re:Probably not by Anonymous Coward · · Score: 0

      Except, my invisible friend says your mom has to hop along on one leg for the rest of her life. If you and your family don't believe in my imaginary friend and honor his wishes by forcing your mom to hop on one leg, then there will be war!

    10. Re:Probably not by Anonymous Coward · · Score: 1

      The nearly $130 Billion pumped in by U.S. taxpayers hasn't hurt, either.

    11. Re:Probably not by Anonymous Coward · · Score: 0

      your zionism is showing.

    12. Re:Probably not by hyades1 · · Score: 1

      Yeah, those three. Over the years, they've amassed quite a body count.

      --
      I've calculated my velocity with such exquisite precision that I have no idea where I am.
    13. Re:Probably not by Barsteward · · Score: 1

      you can also qualify that by saying "done in the name of their religion"

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    14. Re:Probably not by Barsteward · · Score: 2

      the middle east is fighting each other over whose religion is the best, not oil. they may start fighting over access to clean water soon though.

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    15. Re:Probably not by Anonymous Coward · · Score: 0

      Hong Kong became rich due to trade laws. Israel became rich because of donations.

      Really, can you think of the last time you bought a product or service originating in either place?

    16. Re:Probably not by Anonymous Coward · · Score: 0

      It's not so much intelligent human action as resource stealing and a heavy reliance on huge amounts of subsidies and help from the USA. Israel is an awful example of how to conduct a society. It's not far off how bad S. Africa was 20 years ago in terms of inequalities. I heavily encourage you to educate yourself before making such awful statements.

    17. Re:Probably not by Anonymous Coward · · Score: 0

      >resourceless

      That's a bit silly. There is a lot of oil in the middle east, no?

    18. Re:Probably not by Raenex · · Score: 0, Troll

      If coal country here in the U.S. can effortlessly swing to radical extremes because their outdated jobs have gone away, think of what's likely to happen in the Middle-East when it's their turn.

      I don't recall any Jihadis coming out of coal country. Oh, you mean they voted for the only candidate in the election that gave a finger to political correctness and was willing to control our borders. By the way, coal is still relevant. You need a base load for when the sun doesn't shine. I'll believe renewables are cheaper and coal is going away -- when coal actually goes away.

    19. Re:Probably not by Anonymous Coward · · Score: 0

      What utter racist nonsense. They're nearly entirely propped up by money from the USA and they have also been heavily involved with stealing resources from all their neighbours. It's a bit like S. Africa 2.0 in Israel and even the Zionist-owned press desperately trying to hide the human rights abuses is now failing thanks to the internet and free press.

    20. Re:Probably not by Anonymous Coward · · Score: 2, Informative

      Just a quick FYI, the largest body counts were all in non-Muslim countries and did not involve Islam at all. In fact, most did not involve religion at all. You have to go down the list a long way before you get anywhere near a Muslim country.

      Here are the stats:

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

      Sorry to interject with facts, I hope I didn't spoil your day :(

    21. Re:Probably not by Anonymous Coward · · Score: 0

      And you are like those jihadis. They too see themselves as doing away with this wishy-washy world friendly thinking and insistence on bringing them back to paradise and are completely convinced they're not jihadis, unlike those spawn of satan who bomb children and weddings and mosques and rape and steal and plunder and go home singing their praises to their false god.

    22. Re: Probably not by Anonymous Coward · · Score: 1

      Yup.i own a Sodastream machine, navigate using Waze and often take taxi using Via. All made in Israel

    23. Re:Probably not by meglon · · Score: 2

      Religion always get fucked up when it starts attracting humans.

      --
      Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
    24. Re:Probably not by meglon · · Score: 1

      They're fighting each other over religion; we're there fighting over the oil.

      --
      Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
    25. Re:Probably not by Anonymous Coward · · Score: 1

      "If coal country here in the U.S. can effortlessly swing to radical extremes because their outdated jobs have gone away"
       
      Care to expand on this? I'm from the northern tip of "coal country" and have spent a good deal to time in the prime locations of "coal country" and I have yet to see what "radical eextremes" you're talking about. It sounds like you're stating some made up condition like it's fact and hoping that the ignorant readers just follow along.

    26. Re:Probably not by Anonymous Coward · · Score: 1

      This.

      Check the facts, readers. While coal doesn't lead all energy production it still dwarfs all renewables put together. Morons like Picodon would have you think that you can just pull the plug on all coal tomorrow and nothing will change. The facts are not on his side. Just like his made up dreams of "extremism" in "coal country" there is nothing to see here but another guy who likes to think the world works in a way in which it doesn't.
       
      I'm all for renewables, I really am but the GPs post is just a sign of how ugly and out of touch some people are about the truth here. Follow the science. If you want renewables today you're going to have to pony up to get them. I don't mind it, early adoption carries a higher price tag but also allows for newer technologies to come to fruition faster. But let's not have some SJW sit there and vilify a people because he doesn't like their industry, an industry the he fed off for years and, in all likeliness, still gets energy from today.

    27. Re:Probably not by Anonymous Coward · · Score: 0

      Just a quick FYI, the largest body counts were all in non-Muslim countries and did not involve Islam at all. In fact, most did not involve religion at all. You have to go down the list a long way before you get anywhere near a Muslim country.

      Here are the stats:

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

      Sorry to interject with facts, I hope I didn't spoil your day :(

      lol got to love these internet noobs who cite wikipedia to back up their arguments with 'factual' information :P

    28. Re:Probably not by Raenex · · Score: 1

      I'm a Jihadi because I want to control the border instead of allowing a flood of immigrants. Ok, then. Keep on cucking on.

    29. Re:Probably not by GLMDesigns · · Score: 0
      So. If the Palestinians get the same amount of money as Israel they would be just as wealthy? Just as industrial? Just as modernized?

      And yet the Palestinians amoung the highest per capita recipients of international aide.

      Hmmm.

      Me smells BS in your post.

      Really, can you think of the last time you bought a product or service originating in either place?

      Ever by a cellphone? A lot of the hardware and software components come from Israeli factories.
      How about the leader in desalination.
      Take a look at the increase in trade between Israel and South Korea (Samsung anyone), China and Japan - and have you seen the growth in trade between India and Israel? wow.

      If it was simply a matter of money then this would be happening to a lesser degree in Palestinian areas and Jordan.

      How do I know this?

      Read The Economist or Wall Street Journal once in a while in addition to Hentei. You might find something.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    30. Re:Probably not by Anonymous Coward · · Score: 0

      It doesn't hurt that Israel also gets billions of dollars in state welfare from the US.

    31. Re:Probably not by Anonymous Coward · · Score: 0

      A bit of a false comparison. Most of those wars were fought for secular reasons. A few had religious side-plots (like WW2 with the holocaust and the Japanese Emperor/God) but were primarily fought for secular reasons (madman taking over the world + sneak attack). More than a few brought different religions to places they weren't before as another side-plot.

      But I agree on a different level, most wars rely on the "enemy" being demonized/dehumanized. A very popular and effective way of doing that over the millenia has been via "their religion is wrong! we must show them the way (or kill them)!"

      We really are sad little monkeys aren't we?
       

    32. Re:Probably not by angel'o'sphere · · Score: 1

      Was tried often enough:
      https://en.wikipedia.org/wiki/...
      https://en.wikipedia.org/wiki/...
      https://en.wikipedia.org/wiki/...
      https://en.wikipedia.org/wiki/...

      Just a few examples, I'm sure you easy find more.
      Tighten up the boarders and the people will not come as refugees, but as plunderers, invaders, pillagers.
      What do you think the ISIS controlled are is, nothing but a area to pillage from, have it as a base to pillage and maraud around it.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    33. Re:Probably not by ai4px · · Score: 1

      Here's a perspective for you.... Nixon took the US off the gold standard in 1971. This meant that the dollar was no longer locked to gold at $35/oz and was free to lose value. This is the same dollar that was used exclusively in international trade per the Bretton Woods agreement in 1947. So OPEC, looking to continue getting the same amount of gold for a barrel of oil, tried to negotiate with the US for 2 years. In 1973, the simply stopped selling oil in the "flexible" dollars. We US citizens were told that OPEC raised the price of oil, but in fact, it was the US government that depreciated the /value/ of the dollar.

    34. Re:Probably not by dbarclay10 · · Score: 1

      Just a quick FYI, the largest body counts were all in non-Muslim countries and did not involve Islam at all. In fact, most did not involve religion at all. You have to go down the list a long way before you get anywhere near a Muslim country.

      Here are the stats:

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

      Sorry to interject with facts, I hope I didn't spoil your day :(

      Actually the second-worst war on that list was apparently religious in large part, from the Taiping Rebellion Wikipedia page:

      The Taiping Rebellion or the Taiping Civil War was a massive rebellion or civil war in China that lasted from 1850 to 1864 and was fought between the established Manchu-led Qing dynasty and the millenarian movement of the Heavenly Kingdom of Peace.

      --

      Barclay family motto:
      Aut agere aut mori.
      (Either action or death.)
    35. Re:Probably not by cayenne8 · · Score: 1

      There is more at stake in the region than just oil revenue, like competing regional influence (with military benefits), mass migrations, exportable terrorism and, of course, the Israel-Arab conflict in which the U.S. has always been knee deep. Turning the region into a resourceless dump of poverty is unlikely to improve things for anyone.

      Yeah, but if we don't have to depend on that area for anything as important as oil....we don't really have to care if they blow each other to bits over there....

      And it seems most terrorists there are blowing things up here because we are involved with things in the ME...if we were to leave it all alone, I'm guessing many would not have much a reason to need to use terrorism against the big satan.

      As far as mass migrations....nip it in the bud. If they arrive on your shores, let it be known they'll be immediately rounded up and shipped back "home"....if people know they can't get away with illegal migration, they won't try as hard to get into your country.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    36. Re:Probably not by LynnwoodRooster · · Score: 1

      Actual foreign aid. Israel gets military assistance only, and it is a drop in the bucket compared to what we spend for NATO.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    37. Re:Probably not by LynnwoodRooster · · Score: 1

      Hmmm... Thinking coal "jihadis" versus children/wedding/mosque bombing, raping/stealing/plundering jihadis. And you claim they are equivalent?

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    38. Re:Probably not by LynnwoodRooster · · Score: 1

      If only the world was still stuck with 2000 year old technology. Then your references would be relevant.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    39. Re:Probably not by plague911 · · Score: 1

      "Yeah, but if we don't have to depend on that area for anything as important as oil"

      We already don't the US imports next to nothing from the middle east. Including Canada and Mexico in the mix the three of us are more than self sufficient for a variety/majority of oil products.

      The US would actually benefit substantially from the middle east oil production destruction. The US would be the only industrialized nation with a reliable energy supply. China, India, Japan and the EU would be completely screwed. The US would be just fine.

    40. Re:Probably not by cayenne8 · · Score: 1

      We already don't the US imports next to nothing from the middle east. Including Canada and Mexico in the mix the three of us are more than self sufficient for a variety/majority of oil products.

      The US would actually benefit substantially from the middle east oil production destruction. The US would be the only industrialized nation with a reliable energy supply. China, India, Japan and the EU would be completely screwed. The US would be just fine.

      Well, I really meant more in general...pretty much the only reason the Middle East gets any attention from the rest of the civilized world is their oil.

      If there were no need for that...then the rest of the world could easily say "Fuck'em"...and let them alone to blow them selves up to bits and we needn't care or need to waste resources over there any longer.

      --
      Light travels faster than sound. This is why some people appear bright until you hear them speak.........
    41. Re:Probably not by angel'o'sphere · · Score: 1

      A weapon is a weapon is a weapon.

      Your planes and tanks don't help you when the border is flooded by millions with guns.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    42. Re:Probably not by hyades1 · · Score: 0

      Except most of the killing done by churches was not as part of a war, so it's not covered by your war stats. For example, church practices during the Middle Ages were largely responsible for spreading the Black Death across most of Europe.

      If Islam's total numbers are a bit lower, it's because it's the youngest of the three religions. Of course, Islamist fanatics are now trying to make up for lost time.

      Hope I didn't ruin your day with cruel facts.

      --
      I've calculated my velocity with such exquisite precision that I have no idea where I am.
    43. Re:Probably not by Barsteward · · Score: 2

      you need to follow the posts. the claim was that the religions (not just islam) had amassed quite a body count. i followed to say that most of that was done in the name of the religions involved. your link didn't even list the crusades or inquisitions or just random killings of people because they were of a different religion or they were gay or a witch

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    44. Re:Probably not by Anonymous Coward · · Score: 0

      So. If the Palestinians get the same amount of money as Israel they would be just as wealthy? Just as industrial? Just as modernized?

      Many Israeli companies use Palestinian labor. Palestine's own industrial base would probably be larger if Israel didn't keep the boot on.

      And I'm perfectly aware that Palestinians launch rockets into Israel. Israel bulldozes Palestinian houses. An Eye for an Eye didn't bring peace to Northern Ireland, either.

    45. Re:Probably not by HornWumpus · · Score: 1

      They overperformed for the levels of technology they had.

      But modern wars are just much more devastating. The modern religion 'Marxism' is going to have the number one spot, no doubt.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    46. Re:Probably not by HornWumpus · · Score: 1

      LOL. Any new Mexican-American war will end just as the first.

      Which would be the best thing to ever happen (being taken by the USA) to northern Mexican states. It was certainly the best thing to ever happen to Texas, Arizona, New Mexico and the Southern half of California.

      --
      John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
    47. Re:Probably not by Anonymous Coward · · Score: 0

      Definitely the dumbest comment I've read in years. I assume you're not aware of the billions of dollars of aid given to Israel every year by the United States.

    48. Re:Probably not by Raenex · · Score: 1

      Tighten up the boarders and the people will not come as refugees, but as plunderers, invaders, pillagers.

      Puh-lease. If the United States can't handle Mexico, then we are already fucked. We also have an ocean on two sides, a friendly neighbor to the north, and even Mexico is mostly friendly. In fact, the situation with illegal immigration is already improving.

      The problem with the West isn't a lack of capability, it's a lack of will. It's allowing itself to be destroyed from within, with open arms.

    49. Re:Probably not by painandgreed · · Score: 1

      Turning the region into a resourceless dump of poverty is unlikely to improve things for anyone.

      Lifting the Resource Curse probably will improve things in the long run.

      Or just turn them into more Afghanistans.

    50. Re:Probably not by Anonymous Coward · · Score: 0

      > you can also qualify that by saying "done in the name of their religion"

      Religion might be the uniform some of the armies wear, but its not their motivation.

      Its just a way for killers to cloak themselves in righteousness. We even see at watered down version in the faux-wars of professional sports where players are always giving thanks to god for their scores.

    51. Re:Probably not by angel'o'sphere · · Score: 1

      I was thinking more about Europe than the US.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    52. Re:Probably not by Anonymous Coward · · Score: 0

      If by "intelligent human action" you mean "massive foreign aid", then sure.

      If you're under the impression that Israel is some kind of industrial or economic powerhouse - then you need to do some more research.

    53. Re:Probably not by Anonymous Coward · · Score: 0

      As Keynes said, "In the long run we are all dead".

      Sure, everything is possible "in the long run". But an awful lot of people will shortly find, they can't afford to wait that long.

    54. Re:Probably not by Raenex · · Score: 1

      I was thinking more about Europe than the US.

      Well the topic I jumped in on was with regards to Trump, in response to: "If coal country here in the U.S. can effortlessly swing to radical extremes because their outdated jobs have gone away,"

      But while it's harder for Europe to control their borders, what it really comes down to is a lack of will to stand up for its integrity. Not only did they not even try to control the borders, they opened the flood gates. Who needs invaders when you have mass migration from a culture that doesn't share Western values and dominated by a religion/ideology that at its core seeks supremacy?

    55. Re:Probably not by Picodon · · Score: 2

      “Outdated jobs” because the decline of the coal industry has come from the rise of cheaper and better alternatives.

      “Effortlessly swing” because, in the last presidential election, counties where there had been massive losses of coal mining jobs have overwhelmingly (over 80% in some places, one could say “extremely”) voted for Trump.

      “Radical extreme” (relatively speaking) because, relatively to predecessor and more mainstream alternatives, the particular team that was so overwhelmingly favored in those regions is radical and extreme in many areas:
        - blunt lack of realism (e.g., economics and technology, the principal causes of coal decline);
        - unsubstantiated rejection of scientific consensus (e.g., in regard to pollution and its effects on human health and climate change);
        - systematic and often unreasoned vilification of the previous administration and everything that it promoted;
        - gratuitous defamation of the press, of individuals, of demographic groups, of local or state governments (e.g., affirmations of massive electoral fraud), of foreign allies, etc.;
        - dogmatic demolition of government (e.g. the first-day-in-office executive order requiring federal agencies to revoke two regulations for every new one that they want to issue; defunding/disengagement of agencies; etc.).
        - etc.

      I’m obviously not trying to compare the Trump administration with Salafi jihadists, or even to compare the situation of the pauper in Saudi Arabia with that of the jobless in West Virginia! I see parallels, however, between the ways people who are facing a (relatively) dire economic situation are often unhesitatingly willing to reject mainstream leadership and take the risk of embracing a (relatively) extreme and unproven alternative that is largely based on the virulent, brazen and dogmatic rejection of past actions and actors, and is entirely unconcerned about public debate, rational analysis and consensus. And, like throwing the baby with the bath water, such opinion swing seems to be done without much regard for serious potential losses (even tangible ones; e.g., healthcare benefits that were well-received in black lung country).

      Allowing (relatively) large populations to become greatly impoverished can lead them to make (relatively) radical choices that can have negative consequences on a much larger (or even global) scale. For that reason, I suspect that disengaging from the Middle-East at our first opportunity (energy independence) would not be terribly wise.

    56. Re:Probably not by angel'o'sphere · · Score: 1

      Not only did they not even try to control the borders, they opened the flood gates.
      Which part of: they are refugees not invaders (yet!) did you not get?

      Not only did they not even try to control the borders, they opened the flood gates.
      As far as I can tell, we are controlling it very good!

      Who needs invaders when you have mass migration from a culture that doesn't share Western values and dominated by a religion/ideology that at its core seeks supremacy?
      Are you really such a brain washed idiot? They share the same values we do. And are damn refugees not religious ideologists.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    57. Re:Probably not by Raenex · · Score: 1

      Which part of: they are refugees not invaders (yet!) did you not get?

      They are not "refugees", they are economic migrants. They pay a hefty sum to people smugglers to make the trip. The majority of them are males of prime fighting and sexual age.

      And which part of "mass migration from a culture that doesn't share Western values and dominated by a religion/ideology that at its core seeks supremacy" did you not get? Because that's the reality of this "refugee" crisis.

    58. Re:Probably not by GLMDesigns · · Score: 1

      Use "Palestinian labor" is that your argument.

      They "use" palestinian labor to fix roads, pour concrete but are you saying that the palestinians are the true creators of the software and hardware designs coming from Israeli companies?

      I'm not saying Israel is ALL GOOD and palestinians are ALL BAD. But clearly the resources sent to Palestine are spent on war (tunnels, etc) rather than building an industrial / technological center.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    59. Re:Probably not by angel'o'sphere · · Score: 1

      They are refugees, that they pay smugglers to get over the ocean is for two reasons: the regions close to their home is to dangerous. And the trip is to long.

      They have the same values you and I have, you fucking moron.
      You seem not to get that: live in peace, have a wife, support, your kids, provide an education, have a future.
      What fucking other values do you have that you think they don't share the same value with you?

      Most refugees coming to Europe are not 'male prime fighting sexual age' but families, grandpa, grandma, ma, pa, kids and grandkids, how damn stupid are you?

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    60. Re:Probably not by Raenex · · Score: 1

      They are refugees,

      No, the vast majority flooding in are economic migrants. There is a difference, legally and sensibly.

      They have the same values you and I have, you fucking moron.

      No, Western values are not universal. Secular government, free speech, and human rights. The polls are out there. The results of current migration are in. You can bury your head in the sand and equivocate, but it doesn't change the facts on the ground.

      Most refugees coming to Europe are not 'male prime fighting sexual age' but families, grandpa, grandma, ma, pa, kids and grandkids, how damn stupid are you?

      Look in the mirror. All you have to do is look at the pictures of the people on the boats. But instead, you see the story of one dead child on a beach propagated by the leftist, "progressive" media and you think that represents the whole story. By the way, that boy's father took the dangerous trip from Turkey, where he was not in war zone and had a job and a place to live. Meaning, by definition, he and his son were not refugees. If his father hadn't made that trip, his son would be alive today.

      The situation is so Orwellian, they treat your sensibilities so shabbily, that they'll show you a picture of a middle-aged man as a crying child.

    61. Re:Probably not by hyades1 · · Score: 1

      Thanks for that. I keep getting modded down for saying anything that could be construed even vaguely as "not god positive".

      What's happening to this site!

      --
      I've calculated my velocity with such exquisite precision that I have no idea where I am.
    62. Re:Probably not by hyades1 · · Score: 1

      First of all, you obviously didn't read what I wrote very carefully.

      So since you want to single Islam out from the other "desert religions", I'll just say this: If its body count is lower, it's only because it hasn't been around as long as Christianity and Judaism, and hasn't really hit its stride yet.

      --
      I've calculated my velocity with such exquisite precision that I have no idea where I am.
    63. Re:Probably not by angel'o'sphere · · Score: 1

      No, the vast majority flooding in are economic migrants. There is a difference, legally and sensibly.

      If that was provable, they would be sent back.

      You seem to have no clue how Europe Asylum politics is working.

      But instead, you see the story of one dead child on a beach propagated by the leftist, "progressive" media and you think that represents the whole story.
      Actually I know enough refugees in person, and enough people in person that are working in refugee camps in Italy or Greece.

      As I said before: you are an idiot. Painting the helpers above s "lefties" while they come from all political fractions is completely idiotic.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
    64. Re:Probably not by Raenex · · Score: 1

      If that was provable, they would be sent back.

      Why would they be sent back, when bleeding heart leftists like you conflate refugee with economic migrants and opened the doors in the first place? Even when saner heads in government deny refugee status, they are obstructed by other operatives or the migrant just disappears into the system and is not sent back.

      The US can't even deport millions of illegal immigrants from Mexico -- the idea that the US would even try to do so is now equated to Nazism. Political correctness dictates that you can't even call them illegal immigrants.

      You seem to have no clue how Europe Asylum politics is working.

      Again, look in the mirror.

      Actually I know enough refugees in person, and enough people in person that are working in refugee camps in Italy or Greece.

      Which am I supposed to believe, your personal anecdotes or my own lying eyes? Look at the photos of the people on the boats. Of course, by now you have to have seen these photos, so at this point I chalk it up to willful deception on your part, like how the Guardian called a crying middle-aged man a child on its front page.

      As I said before: you are an idiot.

      Yes, I've noticed your ad hominems in lieu of honest arguments. And again, I'll throw it back at you. Look in the mirror. You are what's known as a useful idiot.

      Painting the helpers above s "lefties" while they come from all political fractions is completely idiotic.

      That's because the center moved to the left, especially in Europe, to the point that even the "right" mainstream parties are afraid of being labeled a racist or *-phobe for acknowledging reality. That's changing, as the commoners are waking up to the facts on the ground.

  21. It is way cheeper! by Anonymous Coward · · Score: 0

    My local utility is legally required to buy renewable energy credits and my cost per kW/hr has increased. They certainly passed the savings on to the customer, I look forward to saving more in the future!

  22. Maybe... by Ferretman · · Score: 1

    ...maybe not. The cross over is probably pretty soon either way though.

    And that's good news on reaching those pesky Paris numbers without having to waste all that money. Smart man.

    Ferret

    --
    Sic gorgiamus allos subjectatos nunc
  23. Re:Remember, in Supply and Demand, Supply comes fi by darthsilun · · Score: 0, Troll

    Animal Science

    You saying there's another kind?

    Animal Science from Texas A&M no less. Apparently he had quite the struggle finishing too.

    That whole M thing in A&M is really overrated.

    He was Lt. Governor when Shrub was elected. Boy, Texas sure likes having the Best and the Brightest, don't they?

  24. They certainly will be... by Anonymous Coward · · Score: 0

    the cheapest fluctuating, unreliable energy sources the subsidized market has to offer!

    1. Re:They certainly will be... by wierd_w · · Score: 1

      Nope. It will create increased demand for high capacity, high worklife battery technologies, which will then finally force automakers to go full-electric.

      Currently, there are several novel battery designs out there that could conceivably satisfy this need in the power generation infrastructure, which are lacking the necessary R&D funding. The unreliability issue can be solved by calculating average load baselines, comparing to typical peak use curves, and factoring in the losses incurred by using the battery arrays. That would let the utilities know how much generation they need and how much battery they need to assure continuous, green power generation and delivery.

  25. Pump and dump by RogueWarrior65 · · Score: 1

    Meh. I think they're secretly trying to create another bubble so they can short the market.

  26. If it's the weekend.... by Anonymous Coward · · Score: 0
  27. Re:Remember, in Supply and Demand, Supply comes fi by Anonymous Coward · · Score: 0

    How are Texas presidents elected and how long do they serve? I'm unaware of this position.

  28. Re: Remember, in Supply and Demand, Supply comes f by bestweasel · · Score: 4, Funny

    degree in Animal Science

    Might be quite useful in the Republican Party.

  29. Re: Remember, in Supply and Demand, Supply comes f by Anonymous Coward · · Score: 0

    Look up power production and use in TX. It's full of wind farms

  30. externalized costs made it cheaper a while back by cats-paw · · Score: 2, Insightful

    The improvement to the environment in terms of less particulate and chemical contamination made it cost effective a while ago.

    the fact that this fact was always ignored as a cost means we're still debating whether renewables are "cost effective".

    meanwhile, if only China would manufacture solar cells properly and stop dumping the by-products into the environment.

    pollution is, and has been for quite some time, a global problem.

    --
    Absolute statements are never true
    1. Re:externalized costs made it cheaper a while back by Anonymous Coward · · Score: 0

      True, but Morgan Stanley only counts what can show up on a corporate balance sheet. Pollution is an externality that isn't listed on the balance sheet, unless they somehow violate some government rule and have to pay a bundle to fix it. Even with that, they're seeing renewables becoming the cheapest form of power generation. Interesting. With The Orange One try to make renewables illegal to short-circuit the change and Make Coal Great Again?

  31. interesting by Anonymous Coward · · Score: 0

    >Globally, the price of solar panels has fallen 50% between 2016 and 2017

    really? I'm highly interested in buying these dirt cheap panels they are talking about. where do I start? do they have 50% off on their inverters too?

    1. Re:interesting by dprimary · · Score: 2

      Panels price per watt, yes they have come down more then I expected. Inverters not so much. Inverters are the expensive part now.

    2. Re:interesting by OrangeTide · · Score: 1

      Some guy is selling them discounted of a pickup truck, slightly used. Cash only please.

      --
      “Common sense is not so common.” — Voltaire
    3. Re:interesting by wvmarle · · Score: 1

      In case of going for solar exclusively (same accounts for wind, another intermittent renewable that has to rely on battery storage) it makes more sense of converting most of your household electronics to DC power. Laptops, phone chargers, TVs, even LED lights: they all take AC and convert it to DC to power the device itself. So why use an inverter in the first place? Power everything on 24V instead, directly off the batteries. You'll still need a converter to go from the 24V to the actual voltage they need (5-12V commonly) but those converters are cheap and efficient (>90%).

      Washing machines, air cons and so are trickier. They can of course run on 24V DC instead of 240V AC, that's a matter of installing different motors, it's just that the current jumps tenfold as well, but it's still quite feasible.

      Even worse would be my electric water heater, which takes about 20 Amp, 3-phase power. That's not going to work any more I'm afraid.

      The inverter would be needed for connecting to the grid back and forth (your backup power), but when converting all your home appliances to DC you should be able to get away with a much smaller, cheaper inverter.

    4. Re:interesting by dprimary · · Score: 1

      You have 3 phase power in your house? Many 3 phase elements can be rewired to single phase.

    5. Re:interesting by wvmarle · · Score: 1

      Yes. Real three phase power.

      Three 32A fuses just for that one device (and three 64A fuses downstairs where some really thick wires connect the block to the grid). It probably can be rewired to a single phase but it's rated power is 21 kW so that'd be about 88A at a single phase, 240V, instead of 3x 19A at 380V.

      Just in case you're wondering: it's an instant on type, without reservoir.

    6. Re:interesting by dprimary · · Score: 1

      Heating elements don't care if they are AC or DC. It is pretty common to use them as dump loads. But getting the voltage to run yours off battery banks for homes is not realistic. 48 volts would be lucky to warm the water a few degrees. Utility type banks could run it no problem. You reminded me why I ended up with natural gas for our instant water heater. I about choked when I figured I needed 55kW just for the water heater.

    7. Re:interesting by wvmarle · · Score: 1

      I'm sure it's possible to heat lots of water with such a heater on just 24V, as long as you can get the current big enough you will get the power needed. Not easy to do, not practical to do, but it should definitely be possible.

      Not something I'm planning to try, though :-) In such a situation gas is probably the way to go.

    8. Re:interesting by angel'o'sphere · · Score: 1

      48 volts would be lucky to warm the water a few degrees.
      Not true. It is just a question of how much water you are talking about.
      A majour hazard in boats is that shower or sink water is to hot.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
  32. Re:bullshit by dprimary · · Score: 1

    You couldn't find anything with whale oil subsidies? It would be about a relevant to the current economics.

  33. Re: CNN is FAKE NEWS by Anonymous Coward · · Score: 0

    Does it work the other way around too?

  34. Re:bullshit by myrdos2 · · Score: 5, Interesting

    I can buy a 20 watt solar panel at walmart for a hundred bucks. Standard solar output is way less than the max though, because of clouds, night, sunlight that isn't at the right angle, etc. Usually you figure 20% of max production. So that's 4 watts 24 hours per day. Say it lasts 20 years, which is conservative IMO. 4 watts * 365 * 20 = 29.2 megawatt-hours over the course of its lifetime.

    If your ideas are correct, that's a subsidy of $230 per megawatt hour, or $6,716 total subsidy for that solar panel.

    Let's think about that for a second. Do you really think the government is shelling out $6,716 every time someone buys $100 worth of solar panel from Walmart? And that there's a giant conspiracy to hide that fact from consumers? Does that seem like a sane explanation to you? Or maybe that website should not be trusted without double checking elsewhere on the web.

    Here's my link.

  35. tax deducations by OrangeTide · · Score: 5, Insightful

    The oil industry becomes less profitable as the tax breaks they have had in the past began to close. All things being equal, expect renewables to get cheaper and fossil fuels to get more expensive just on the tax benefits.

    (tax deductions are not a subsidy in the strictest sense of the word)

    --
    “Common sense is not so common.” — Voltaire
    1. Re:tax deducations by Anonymous Coward · · Score: 1

      (tax deductions are not a subsidy in the strictest sense of the word)

      More precisely called a tax expenditure: https://en.wikipedia.org/wiki/...

      But on a net basis, it's effectively a subsidy.

    2. Re:tax deducations by bferrell · · Score: 4, Insightful

      The thing to understand, is that while you CALL them oil companies, THEY think of themselves as energy companies and have been morphing themselves as rapidly as they can... Inventing and building renewables farms.

    3. Re:tax deducations by Anonymous Coward · · Score: 2, Insightful

      Tax breaks for oil industry does not cost the tax payer any money, if it is the difference between putting up a 100 rigs in a state or none at all.... there is no logical reason NOT to give the oil industry a cat break since it costs the state nothing and tons to gain.

      Wind/Solar on the other hand is a subsidy, and that is taking money from one person to give to another. This adds to the debt. Take away the subsidy for Solar/Wind and the cost is much higher then oil/coal.

      If you want all things equal. Take out all tax breaks and subsidies for everything.

      I doubt article took all costs into consideration.

    4. Re:tax deducations by Barsteward · · Score: 3, Insightful

      "Tax breaks for oil industry does not cost the tax payer any money, if it is the difference between putting up a 100 rigs in a state or none at all.... there is no logical reason NOT to give the oil industry a cat break since it costs the state nothing and tons to gain." of course its a loss of revenue to the tax coffers and why should they get a tax break to build rigs? they've been in business for 100+ years, they should have stopped getting any tax breaks decades years ago.

      "I doubt article took all costs into consideration." - why don't you read it and find out?

      --
      "The hands that help are better far than lips that pray." - Robert Ingersoll (1833-1899)
    5. Re:tax deducations by thegarbz · · Score: 4, Informative

      This! It is quite telling that several oil companies were critical of Trump for pulling out of the Paris accords. But it's quite obvious when you look at it. E.g. BP own and operate 2.4GW worth of wind farms in the USA (14 farms) and many more internationally. Total is the second largest solar generator in the world, and even late comers like Shell just invested close to $2bn in a green energy division.

      The writing is on the wall for oil, and the oil companies and preparing.

    6. Re:tax deducations by Rei · · Score: 4, Interesting

      They're not stupid. Their entire business is built on long-term analysis (a new deepwater well may take over a decade to start producing, and then last for decades; you have to predict the market very long in advance before sinking such huge amounts of capital). The supermajors will sink their money wherever their analysis tells them to.

      It's a bit harder for the service providers. If you have a tanker and oil is predicted to decline or stay low for long periods, you might want to have plans for conversion options, or scrapping if it's showing its age. If you make / work with deepsea platforms, deep offshore wind may be a market to move into. Etc. But not everyone would find such a transition that simple.

      All of that said, when you're talking wind and solar, you're not so much directly competing with oil. In most of the world, oil is rarely burned for power. In some regions it is, like the Middle East, and they are working to transition away from it (it's very expensive per joule compared to other sources), but even taking out all oil-fired power would not be devastating to the market. When it comes to oil, you have to hit transportation. I'm incredibly encouraged by the EV market; how quickly people put down orders for the Model 3, for example, and this despite how many people are waiting for the used market and second-generation vehicles, and how there's still great potential for major battery cost reductions as the market grows. But even still, a couple hundred thousand cars per year is just a blip. Even millions per year would butt up against a world with 1.2 billion vehicles on the road. Even if production scaleups occur at a lightning pace, the average car on US roads is a decade old, meaning an expected life of around two decades; in the developing world it's much greater. So oil is going nowhere fast.

      All of that said, EVs are another factor among many that makes the long-term future of oil prices look bleak. The tight oil revolution for example has just crushed the market. Bitumen producers have been getting their prices down. Oil markets are this weak even with sanctions on Russia, the world's largest oil producer (note that they have relatively little affect on their current production, but are factored into futures forecasts as they slow Russia's ability to develop new resources).

      --
      Dear Diary...today I was pompous and my sister was crazy.
    7. Re:tax deducations by jellomizer · · Score: 0

      I am for renewable energey. However before you start claiming it is cheaper than the historical energy sources. I would like to know if tax deductions and subsidies are taken out of the equation. Because we are paying for it, in one way or another.
      These tax tricks are good to help kickstart the industry. But still remember money from the government isn't free, we are paying for it. And money we don't pay on taxes means less money to other services as well.

      --
      If something is so important that you feel the need to post it on the internet... It probably isn't that important.
    8. Re:tax deducations by meglon · · Score: 4, Insightful

      And the oil industry has been getting subsidized for over 100 years. I'd rather subsidize something that doesn't cause pollution, illness and death.

      --
      Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
    9. Re: tax deducations by Anonymous Coward · · Score: 2, Informative

      It does cost "the state" - government has shit to pay for, and they are going to pay somehow - either by taxing something else, cutting services, or running a deficit to be paid later. Saying tax breaks cost nothing is pure idiocy - if not collecting income has no effect, start returning your paychecks to your employer and see how long you last.

    10. Re:tax deducations by Anonymous Coward · · Score: 0

      This! It is quite telling that several oil companies were critical of Trump for pulling out of the Paris accords. But it's quite obvious when you look at it. E.g. BP own and operate 2.4GW worth of wind farms in the USA (14 farms) and many more internationally. Total is the second largest solar generator in the world, and even late comers like Shell just invested close to $2bn in a green energy division.

      The writing is on the wall for oil, and the oil companies and preparing.

      Funny how popular renewable energy is going to piss off so many dickheads on this web site. lol.

    11. Re: tax deducations by Anonymous Coward · · Score: 0

      Anyone who thinks the oil industry is not "subdidized" does not understand why the US and other Western nations have been on repeated foreign military adventures in the Middle East. It is not because their major export is Filbert nuts.

    12. Re:tax deducations by GLMDesigns · · Score: 1

      Define subsidies?

      I see articles where they include the US military budget as part of the subsidies?

      I see others that include accelerated depreciation. That is not a tax break in my humble opinion.

      I am looking for these subsidies and I'm not finding them. I'm beginning to doubt it.

      So, if you have any that list these subsidies please post them.

      By the way I am a 100% supporter of alternative energy. 100% for getting people off the grid. And don't have any love whatsoever for oil companies.

      I just don't want to spread BS.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    13. Re: tax deducations by Anonymous Coward · · Score: 0

      That's funny, because petrochemicals provide a base chemistry for pharmaceuticals. In addition to vast improvements in agriculture, plastics and by products have also improved the quality of life.

    14. Re: tax deducations by meglon · · Score: 1

      Organic.... chemistry provides the basis for pharmaceuticals, agriculture and plastics, along with a myriad of other products. Do not confuse that, the absolute largest field of chemistry, with the incredibly limited set of petrochemicals.

      --
      Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
    15. Re:tax deducations by Anonymous Coward · · Score: 0

      One of the nastiest parts of my annual tax preparation have to do with my energy company investments. That's because there's a horrendous snarl of interlocking deductibles, compounded by a different set of rules for every state in the Union.

      So yes, there are subsidies right down to the individual investor level.

    16. Re:tax deducations by meglon · · Score: 2
      Google is your friend... there's a lot of stuff out there; some biased (both ways), some not. Samples: http://cen.acs.org/articles/89...

      Similarly, several measures to aid oil companies passed in the early 1900s remain of key importance to the industry, Healey notes. These include one provision passed in 1916 to speed up depreciation of drilling costs. A second one, the oil depletion allowance, which became law in 1926, gives oil companies a tax break for depleting an oil reservoir. President Obama has sought to end these breaks but has been overwhelmed by the opposition from industry and its congressional allies.

      http://insideenergy.org/2016/1... Is maybe a better read, and details some of the same things... a bit easier to read, depending on the person. Also, almost at the end is a chart showing the historic totals, right before again talking about "first 15 years" or each.

      Happy 100th birthday to the “expensing of intangible drilling costs (IDCs) and dry hole costs” exemption! (Born in 1916.) This tax break allows companies to expense the entire costs related to site improvement and drilling of a well in the year that the costs are incurred.

      The 90 year old “Percentage over cost depletion deferral” (born in 1926) allows drilling companies to deduct a fixed percentage – 15 percent – of the revenue from each drill site, with some limitations. This exemption is also used by coal, timber and other mineral industries.

      --
      Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
    17. Re:tax deducations by nealric · · Score: 5, Insightful

      I am a tax attorney for an oil company. It's a lot more complicated than that. Overall, the oil industry actually bears one of the highest effective global tax rates- much higher than tech companies. Many countries where we do business have extremely high taxes specifically targeted at the oil industry. We don't have a ton of intellectual property that can be easily shifted between jurisdictions with the stroke of a pen so there are fewer aggressive planning opportunities.

      The biggest "tax break" in the U.S. for the upstream oil industry (exploration and production of oil as opposed to transport and refining) is the expensing of intangible drilling costs ("IDC"). These costs would lead to a deduction in almost any income tax regime, but allowing such costs to be expensed accelerates the deduction. The industry would argue that expensing better matches the underlying economics of the transaction than having to capitalize the costs (deducting a portion over time). Many companies are actually capitalizing IDC voluntarily because they've been operating at a loss for the past few years. You don't pay any tax at all if you don't make any money.

      Long story short, tax breaks are not what is driving profitability in the oil industry. It's commodity prices first, second, and third that drive profitability. Right now, they are in the tank. I'd also note that renewable sources also have considerable tax benefits- arguably more aggressive than those available for the oil industry, it's unlikely that tax makes a big difference on a comparative basis.

    18. Re:tax deducations by GLMDesigns · · Score: 1

      “expensing of intangible drilling costs (IDCs) and dry hole costs” exemption! (Born in 1916.) This tax break allows companies to expense the entire costs related to site improvement and drilling of a well in the year that the costs are incurred.

      how is this a subsidy?

      Build a house in the woods and you need to clear timber to build a road. The same "intangible" costs hold true for oil and gas exploration. This is not a f**king tax break or subsidy. Building a road, clearing trees, bringing in phone lines (in the old days) are part of the cost of developing a site. Deducting these costs are not "tax breaks."

      Re the second quote. I'll have to look into that. It's not clear one way or the other.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    19. Re:tax deducations by tsa · · Score: 1

      $2 billion is so little for Shell it's laughable. They do that just to look green. My brother works there. I give him less than 4 years before he will have to look for another job. If Shell didn't have such a big voice in Dutch environmental politics (we are one of the dirtiest places in Europe and our government likes it that way) he would have been fired long ago.

      --

      -- Cheers!

    20. Re:tax deducations by meglon · · Score: 0

      Ahh, then please allow me to give you a better starting point. Learn business accounting.

      --
      Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
    21. Re:tax deducations by jedidiah · · Score: 1

      Why would it piss anyone off? It just demonstrates how bogus the liberal media narrative is. That includes the screeching cripple in the wheelchair that's entirely dependent on oil fueled modern technology (don't forget plastic).

      We don't need dubious legal abuses to save the world from itself.

      Crass self interest seems to be winning the day.

      --
      A Pirate and a Puritan look the same on a balance sheet.
    22. Re:tax deducations by GLMDesigns · · Score: 2

      Stop that.

      Really. I've owned my own businesses. (Yes. I've been a partner in more than one LLC. Been an officer in more than one S corp.) While I'm not an accountant I do have a basic understanding of this part.

      So. Stop it. Answer the point raised - how is a writing off building a road and clearing timber a tax break - or even worse - a subsidy?

      It's not. Building the road is part of the cost of business. Therefore it's not a subsidy.

      So, let me test you now. Do you consider accelerated depreciation a tax break? If so why?

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    23. Re: tax deducations by jedidiah · · Score: 1

      Petrochemicals are the ultimate reservior of carbon based compounds. Even if you solve the "energy" problem. You can't just hid your head in your ass and pretend we don't use oil as a raw material for the rest of what holds our society together.

      --
      A Pirate and a Puritan look the same on a balance sheet.
    24. Re:tax deducations by Anonymous Coward · · Score: 0

      Your bitterness belies your own comment. The lefties won this one and it pisses you off because you fucking lost. You bet on the losing horse, everyone knows it, and you are as bitter as a cyanide milkshake. Screech some more about how you aren't pissed off, it amuses me.

    25. Re:tax deducations by LynnwoodRooster · · Score: 1

      Other companies (like Tesla) get tax breaks for buying/building capital equipment; why shouldn't energy companies?

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    26. Re:tax deducations by LynnwoodRooster · · Score: 1

      So your complaint is they get to deduct the entire costs in one year, rather than spread it over 5?

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
    27. Re:tax deducations by Anonymous Coward · · Score: 0

      Those are tokens. Oil majors are moving into gas... look at the tens of billions they've poured into Australia over the last decade to develop new fields and LNG plants. Australia is soon to become the largest exporter of gas in the world.

      Used in combined-cycle turbine plants, gas produces less than half the emissions of high-quality black coal for the same amount of generated electricity. These companies want to take the share of the energy market that coal occupies, and having a mechanism that restricts or penalises emissions helps push business in the direction of the hundreds of billions of dollars worth of gas assets they've developed.

      Even the USA is exporting LNG now, which has driven up the price of domestic gas enough that coal has become competitive again. Apparently on a dollars-per-joule basis, coal now has a slight edge. In the first half of the year, US utilities have cut back gas-fired generators and ramped up coal-fired generators. Intermittent renewables have also continued to grow, but not enough to counter the pick up in coal.

    28. Re:tax deducations by GLMDesigns · · Score: 1

      Me?

      No. I think they SHOULD be able to deduct 100% capital expenditures when purchased. (Obviously if they sell the item - car, computer - they have to pay taxes on the proceeds).

      So, by that standard if Exxon spends 1 billion dollars on an oil rig they ought to be able to deduct that entire amount the year they spent the money.

      I don't consider that to be a tax break and certainly not a subsidy.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    29. Re:tax deducations by Anonymous Coward · · Score: 0

      You're an idiot, tax breaks are a form of subsidy. It's in the definition.

      Also, subsidies of both types cost the government money. Income that you don't earn is an opportunity cost. Benjamin Franklin explained all this in 1746, but your explanation leaves out 250 years of knowledge.

    30. Re:tax deducations by orgelspieler · · Score: 1

      This is a very confusing post. Can you please explain? What is "the liberal media narrative"? How does the prospect of cheap renewable energy demonstrate falsify it? What is a "screeching cripple"?

      Also, why did you bring up plastics? You realize that the use of hydrocarbons for things other than burning for fuel does not appreciably contribute to climate change, right? Although, based on your comment history you probably don't believe anything man does contributes to climate change.

    31. Re: tax deducations by Anonymous Coward · · Score: 0

      That's sounds truthy, but the exact same thing could be said for grading the land and putting down a ground grid for a few hundred acres of solar.

    32. Re:tax deducations by rdelsambuco · · Score: 1

      You sound bitter. You know who else sounds bitter? Your mom.

      --
      I comment occasionally so that I can mod others -1 overrated or -1 offtopic.
    33. Re:tax deducations by fred6666 · · Score: 1

      Because they pollute the planet. They should be (are) taxed at a higher rate instead.

    34. Re:tax deducations by suutar · · Score: 1

      If it doesn't reduce their taxes, why do they care? If it does, it's a tax break.

    35. Re:tax deducations by suutar · · Score: 1

      Apparently they think it's a tax break...

      (Please note, I'm not saying it's unreasonable. But it does seem to fit the definition of "tax break".)

    36. Re:tax deducations by GLMDesigns · · Score: 1

      Tax break is one of the amorphous, ill-defined term.

      It's sad that so many have come to think that our money belongs to the government; or that consider, that business expenses should not be immediately deducted.

      I've had discussions with business partners who thought it was "fair" and "just" that we couldn't deduct 100% of our newly purchased computers.

      WTF? If we lease the computer we get 100% deduction. If we buy the computer it takes 5 years to deduct it. Again, WTF.

      So, it's entirely possible that a tax attorney considers this a tax break. I, for one, do not.

      --
      If you're scared of your govt then you need to further restrict its powers
      Vote 3rd Party in 2016 and beyond
    37. Re:tax deducations by Highdude702 · · Score: 1

      Because mining the metal for cars, and lithium for batteries doesn't pollute the planet?

    38. Re:tax deducations by thegarbz · · Score: 1

      $2 billion is so little for Shell it's laughable.

      $2bn is the department they setup, not the investment.
      Also I would hardly call 1/4 of their entire 2015 profit a laughing matter.

    39. Re:tax deducations by fred6666 · · Score: 1

      It does. Since it emits CO2. But it also does for regular gas cars.
      But the pollution from running the car for 15-20 years is more important.

    40. Re: tax deducations by PlaynBass · · Score: 1

      " In addition to vast improvements in agriculture, plastics and by products have also improved the quality of life." Your characterization of plastics as "improving the quality of life" is highly subjective. Plastic waste is responsible for a marked degradation of the quality of life of numerous ocean species, polluting our land, waterways, and producing huge gyres of floating refuse in all of the planet's oceans. Discarded plastics litter our countryside, and are not broken down and consumed by any of the natural scavenging processes found in nature. The chemicals in plastics are highly toxic when burned, which causes detrimental health effects to those who are exposed to the fumes, usually in poorer 3rd world countries.

      --
      PlaynBass
    41. Re:tax deducations by Anonymous Coward · · Score: 0

      That sounds exactly like what a shill for his corporate masters would say. Doubly so since you're also an attorney.

    42. Re: tax deducations by Anonymous Coward · · Score: 0

      Dude bad enough you probably voted for him but please think before you post you demean the rest of us with your ignorance. Look it up on Wikipedia!

  36. Re:bullshit, no really by Anonymous Coward · · Score: 1

    when you factor in the environmental damage coal causes that must be remediated and is paid for by the government because the company responsible declared bankruptcy and reorganized into a new company free to do it again, i hazard a guess that the subsidy for coal is much greater.

  37. Re:bullshit by Anonymous Coward · · Score: 1

    Sorry to do this to you, but you've miscalculated a bit.

    The output over 20 years is 4 * 24 * 365 * 20 ~= 700 kilowatt-hours...

    which is about $161 worth of electricity at a rate of $0.23/kwh

    (... just to stop anybody dashing out to buy 20 watt solar panels in the hope of making a fortune.)

  38. Time To Buy Stocks by Anonymous Coward · · Score: 0

    KOL (Global ETF), URA (Global ETF), UNG (US Nat. Gas), SQM (Lithium miner south america), F (Ford, good dividend) and GM (good dividend).

  39. Re:bullshit by Frank+Burly · · Score: 2

    Coal has a shit ton of externalities that are not subsidies of the kind that would be captured in that article. Also FWIW, the Daily Caller (blech) says the subsidies are only 326 times Coal's subsidies. That number should continue to drop as technology advances. But, if renewable turns out to be unsustainable, then the coal will still be there, and 5000 guys with the right equipment will be able to mine enough to satisfy the energy needs of the country, including the underwater gardens of Maralago.

  40. Re:Remember, in Supply and Demand, Supply comes fi by fermion · · Score: 0, Troll
    The Rick Perry situations is mostly due to the Trump and the idiots who voted for him. Energy in Texas is not like energy in the rest of the country, where everyone is afraid of innovation. Places like California and West Virginia where anything new is feared.

    One good thing that Perry did is limit state regulation that could have stopped renewables from takin over. Now that Perry is gone, and the true radicals have taken over Texas, there are regulations that protect legacy interests.

    But those regulations will not stop what is already happening. Natural gas is taking over coal plants, so Texas is producing less pollution not due to regulation, but due to the free market. Likewise wind is predicting an increasing percentage of the energy, and more cities are depending more on wind energy and less on fossil fuels. This, again, is not regulation but the fact that wind energy is so cheap there are occasional times that overnight spot prices are negative.

    This, of course, means that wind will become increasingly popular. And, of course, Texas does not care about killing birds any more than it cares about killing children with the pollution from coal fired plants.

    --
    "She's a scientist and a lesbian. She's not going to let it slide." Orphan Black
  41. Re:As long as.... by ChrisMaple · · Score: 1

    In the long term, renewables have to be cheaper, for the simple reason that the supply of expendables, though enormous, will eventually be so depleted that they'll be very expensive to unearth. Whether it's 3 years or 1000 years, the principle stands.

    --
    Contribute to civilization: ari.aynrand.org/donate
  42. Re:bullshit by h33t+l4x0r · · Score: 1

    Well it was on a website and it mentioned Washington Times. I don't think GP's critical thinking went much further than that.

  43. Re:bullshit by Anonymous Coward · · Score: 0

    $0.23 / kwh? Jesus, power is expensive there, I get it for around $0.08 here in MN.

  44. Re: CNN is FAKE NEWS by Anonymous Coward · · Score: 1

    Yes, if you agree you're also a racist.

  45. Re:bullshit by wvmarle · · Score: 1

    USD 100 for 20W? That's ridiculously expensive. You can buy the same in China - where they're made - for about USD 10-15. Even with battery and charge controller you're at no more than half that price.

    Larger panels are cheaper per watt - a 20W panel is really small.

  46. More comic relief from argStyopa by Brannon · · Score: 1

    He has this sort of flaccid response to any green technology. He also predicts that less than 50K of the Tesla Model 3 reservations will turn into real orders.

    https://slashdot.org/comments....

  47. Re:bullshit by amiga3D · · Score: 1

    I think 20 watt panel is a waste of time. Here's a 100 watt one at Amazon for about 100 dollars shipped free with prime. https://www.amazon.com/HQST-Wa...
    That should actually work out a little better. I don't know how much it's subsidized or anything like that though.

  48. Re:bullshit by amiga3D · · Score: 1

    This is a much better deal.

    https://www.amazon.com/HQST-Wa...

  49. Capital vs Costs by Anonymous Coward · · Score: 2, Informative

    Lets verify that for a moment.

    You linked to a blog, that quoted a chart from the Washington Times, so lets Google that article:
    http://www.washingtontimes.com/news/2016/oct/9/hillary-clintons-solar-energy-baloney/

    Which cites a chart made from EIA numbers, specifically naming this article.
    https://www.eia.gov/analysis/requests/subsidy/

    Which cites LOAN guarantees, and R&D costs among the biggest costs, i.e. the CAPITAL costs.

    "That idea that renewables will be cheaper than coal is simply politically motivated bullshit."

    No, you're the victim of someone deliberately trying to mislead you by mixing in capital costs subsidies in and comparing them to ongoing costs.

    You expect a huge capital investment when switching to renewables and thus a large capital cost.

    For example Musk has rolled out the latest car from his factory, car 1, if I calculated the capital cost per electric car it would be about $2 billion for that one car!

  50. Re:Remember, in Supply and Demand, Supply comes fi by Anonymous Coward · · Score: 0

    That whole M thing in A&M is really overrated.

    FYI: If you ask anyone in Austin, we'll tell you that the M in A&M stands for manure.

  51. Re:bullshit by Anonymous Coward · · Score: 1

    https://www.forbes.com/sites/jamesconca/2017/05/30/why-do-federal-subsidies-make-renewable-energy-so-costly/#52ba304e128c

    Utility scale solar is already at 6-7 cents per KwH before subsides in the South West USA, so the federal subsidy would amount to 2 cents a KwH. The indirect of pollution is at least 10 cents a KwH, so when you consider total costs, fossil fuels sources are much more expensive.

  52. Re:As long as.... by FlyHelicopters · · Score: 1

    Yes, but no one cares if it is 1,000 years...

  53. Re:Remember, in Supply and Demand, Supply comes fi by ChrisMaple · · Score: 1

    The Republic of Texas (now defunct) had presidents that served for 2 or 3 years. https://en.wikipedia.org/wiki/Republic_of_Texas

    --
    Contribute to civilization: ari.aynrand.org/donate
  54. Re:bullshit by Anonymous Coward · · Score: 1

    Sorry to do this to you, but you've miscalculated a bit.

    The output over 20 years is 4 * 24 * 365 * 20 ~= 700 kilowatt-hours...

    which is about $161 worth of electricity at a rate of $0.23/kwh

    (... just to stop anybody dashing out to buy 20 watt solar panels in the hope of making a fortune.)

    The current wholesale price per KW of solar panels is 33 cents. Also, the life expectancy of solar panels is 30 years plus. so redoing the calculation

    5*365*30 = 54.75 KwH

    so price per KwH = .33/54.75 = $.006/KwH

  55. Re: bullshit by Anonymous Coward · · Score: 0

    Only $0.08? I'm guessing it doesn't come from renewables!

  56. In other news by Anonymous Coward · · Score: 0

    Due to the lack of funding from oil rich countries, terrorism has all but vanished as no one is bothering to buy their oil any longer.

  57. He does look like shill *but* by Anonymous Coward · · Score: 0

    Although he does look like a shill, do not attribute to malice what could be stupidity. He may geniuniely have been misled by the Washington times article, or by the paid for pieces that Hannity did on this.

    There is some serious coal money going around to produce these graphs and these claims, and people are genuinely fooled when Fox News and the other paid outlets present it as investigative news.

    In this case a staffer at Washington Times, made a graph of capital costs divided by annual current production and cited it as an EOA government source. When in fact it's two sets of EOA numbers divided.

    So for example, the Chinese have just rolled out solar farm on a lake. It produces 40 megawatts, the panels need replacing every 25 years, it cost $40 million (production only for the middle of the day, say 6 hours * 40 * 365 * 25 = 32 cents per megawatt hour. )

    That's about 1/500th of the cost of the electricity you buy OVER THE LIFE of the farm. But so far it's only made a few test runs for a few hours, so currently that number would be, say $1 million per megawatt hour! This is what Washington Times did, they try to mislead, capital costs over current production. Both number were from the government, but their graph makes no sense.

    Of course that's not the full costs of that Chinese plant, they plan a storage facility, a higher lake, where they can pump spare electricity and turn it into hydro. That will increase the costs, but here too, the shills try to mislead. Citing "Base costs", as if for every watt hour of renewables, they need to keep producing 1 watt hour of coal power in case the clouds come, or the wind stops.

    1. Re:He does look like shill *but* by Anonymous Coward · · Score: 0

      Of course that's not the full costs of that Chinese plant, they plan a storage facility, a higher lake, where they can pump spare electricity and turn it into hydro.

      That is silly. Energy can be stored locally in buoyancy of the pontoons carrying the panels. Make them with internal compartments which can receive the lake water through turbines generating electricity, sinking up to a high water line when full. To store energy, force the water out (or pump the air in).

    2. Re:He does look like shill *but* by Rei · · Score: 1

      1) Where did you get your $40m figure from? I've been searching for quite a while now and can't find a cost statement for the plant anywhere. And it's suspicious (although not damning) that your dollar figure is exactly the same as the power production figure, making it look like a miscopy. Then again, it's in the ballpark; the average for new US plants is now around $1.50/W, while $40m for 40MW would be $1/W, in a country with cheaper labour, etc.

      2) Panel power production doesn't just end after 25 years. For typical cells, the production would be down to 70-80% after 25 years. Inverters are a more likely early replacement item than panels. On the other hand, nor do you factor in cost amortization.

      3) That's not how you calculate solar generation; you use capacity factors. It doesn't make a material difference (average US capacity factors for PV plants is 28%), but it's a very amateurish way to go about things.

      4) 6*40*365*25 is not 32, it's 2,19 million MWh. You mean to also divide 40 million dollars by that figure, but that's not 0,32 dollars/MWh either, it's 18.26 dollars/MWh.

      5) You seem to think that that's a bad thing. 18.26 dollars per megawatt hour is ~1.8 cents per kilowatt hour. Let alone 0.32 dollars per megawatt hour, which would be 0.32 cents per kilowatt hour. How much do you pay?

      --
      Dear Diary...today I was pompous and my sister was crazy.
    3. Re:He does look like shill *but* by Rei · · Score: 0

      ** 0.032 cents per kilowatt hour.

      --
      Dear Diary...today I was pompous and my sister was crazy.
  58. Re:bullshit by Mashiki · · Score: 2

    Let's think about that for a second. Do you really think the government is shelling out $6,716 every time someone buys $100 worth of solar panel from Walmart? And that there's a giant conspiracy to hide that fact from consumers? Does that seem like a sane explanation to you? Or maybe that website should not be trusted without double checking elsewhere on the web.

    Not quite that much but according to Fit and Microfit prices here in Ontario, but it's pretty damn close, or roughly 2/3's the price. And people wonder why Ontario has gone from people loving "green energy" to "fuck this, we're grabbing pitch forks."

    --
    Om, nomnomnom...
  59. Re:bullshit by Anonymous Coward · · Score: 0

    That's actualy 29.2 kWh from that single panel, which comes out to a $6.71 subsidy. That's actually a lot more in line with reasonable, but it's probably irrelevant because that particular panel is unlikely to be subsidized. The subsidies would go to manufacturers (to get them off the ground) or solar plants (to help them get built).

    dom

  60. Global warming solved! by Anonymous Coward · · Score: 0

    How come that was not the title of the article?

  61. Re:bullshit by Anonymous Coward · · Score: 0

    Fwiw - Washington Times (not to be confused with the Washington Post) is a Unification Church publication and right wing leaning.

  62. $4672 of electricity for only $100 in costs by Anonymous Coward · · Score: 0

    29.2 megawatts is 29200 kilowatts at 16 cents a kilowatt for electricity, thats $4672 worth of electricity, for the cost of that $100 panel.

    You can see why the coal industry is desperate to kill renewables + energy storage.

  63. Solar is only viable in daylight...DUH. by Anonymous Coward · · Score: 0

    Barring battery storage that most of us don't have the room for.. if you have solar panels helping you with your power needs the Sun isn't available 24x7. I can't imagine how the power industry will handle only needing to provide most of its power overnight while soaking up over-production from local solar array during the day.

    Peace out.

  64. Re:bullshit by Required+Snark · · Score: 3, Insightful
    So what? I fail to see your point.

    If you think that the US or international economy is a free market based on real costs then you are a fool. The game is rigged, and it has always been rigged. Pointing to a study funded by entrenched special interests is, to use your phrase, "bullshit."

    If you are so in love with coal power then move to Beijing. You will be coughing most of the time and you life expectancy will decrease by a few years, but it will get you away from that evil subsidized renewable energy.

    Choke on that, Mr. Free Marketeer.

    --
    Why is Snark Required?
  65. It's called Progress... by Anonymous Coward · · Score: 0

    The price of solar cell production (and subsequent panels for use) has fallen dramatically in recent years. The cost of coal/oil/gas fired power plants is simply not going to change because they are all large scale engineering projects. The cost of solar cell production will continue to fall. A similar fall in price for lithium ion batteries for cars is happening right now as car companies transition to electric cars. Market economics will ultimately end the oil industry as we know it today.

    Solar is already widely used in California. From the LA Times: "The California Legislature has mandated that one-half of the state’s electricity come from renewable sources by 2030; today it’s about one-fourth. That goal once was considered wildly optimistic. But solar panels have become much more efficient and less expensive. So solar power is now often the same price or cheaper than most other types of electricity, and production has soared so much that the target now looks laughably easy to achieve." http://www.latimes.com/projects/la-fi-electricity-solar/

  66. Re:bullshit by FlyHelicopters · · Score: 1

    Coal is half that price... my wholesale cost of coal power is about 3.5 cents per KWh

  67. Re:bullshit by h33t+l4x0r · · Score: 3, Funny

    I live outside of the US and I can get a 100W panel for less than $100 so I guess the US is subsidizing solar in other countries too.

  68. Re:bullshit by InfiniteLoopCounter · · Score: 1

    As others have pointed out your "megawatt" should be a kilowatt, but also you have not factored in full costs such as any battery storage or electrical starter unit, etc. over the 20 year period

    Solar power is nice to see improved, but ain't going to make all the cool things from science fiction a reality (like wireless power and the like). It has long been a matter of personal opinion of where we should go as humans with consumption of resources such as power, either towards a more "sustainable" society which uses less and is "able to live within its means" or using more power and hoping that new technologies make life better for future generations. I would personally like to see much greater power generation and take some solace in that both approaches will likely be tried at the same time if history is anything to go on.

  69. Re:bullshit by whoever57 · · Score: 1

    That website uses out of date data to make a point about the future. It also refers to more biased sites.

    Biased website is biased. Film at 11.

    Seriously, the Koch brothers are spending a lot of money right now to convince people that coal has a viable future.

    --
    The real "Libtards" are the Libertarians!
  70. intermittency by Anonymous Coward · · Score: 2, Informative

    That's why Germany and Denmark, which have the highest wind+solar energy investments, have such affordable electricity. Oh, wait...

    http://www.euanmearns.com/wp-content/uploads/2015/08/europeelectricprice.png

    In Germany, where they now get 20% of their electricity from wind & solar, the extraordinarily high cost has driven the price of electricity there up to three times what I pay here in North Carolina. (Well, it also doesn't help that Merkel is shutting down their perfectly good nuclear plants.)

    The truth is that the intermittency problem with wind and solar is so severe that when you get more than a few percent tied into the grid it actually has negative value. It is only "crony capitalism" (government mandates, tax incentives, etc.) which make wind & solar competitive with coal and gas except in very special circumstances.

    Diverting resources to wind and solar boondoggles impoverishes people, not just in West Virginia, where huge numbers of them are now out of work, but also everywhere that it inflates the cost of energy. It causes people living "on the edge" to sometimes have to choose between eating and staying warm.

    Either choice can be deadly. In Europe, where there have been enormous price hikes for energy because of "renewables" scams, "energy poverty" is killing tens of thousands of mostly-elderly people:

    http://www.independent.co.uk/news/uk/home-news/fuel-poverty-killed-15000-people-last-winter-10217215.html

    What's more, most of the energy used to PRODUCE solar panels, and much of the energy used to produce wind turbines, comes from soot-belching, coal-fired power plants in China, and most of the energy REPLACED BY these devices would have been produced in clean power plants with state-of-the-art "scrubbers" in North America, Europe & Australia.

    So, Chinese workers get emphysema, American workers get to collect unemployment (until it runs out), and American & European environmentalists get to feel self-righteous.

    Such a deal.

    1. Re:intermittency by Anonymous Coward · · Score: 0

      Even if the price may seem (or is) high in Germany, Germany has one of the lowest rate of payment failure for household in EU. From 1991 to present, the price of electricity didn't raise as much as the price of other energy sources (GN, heating oil). The raise of price (+100%) is comparable to then french one. Even if France being much cheaper because of nuclear.

    2. Re:intermittency by XxtraLarGe · · Score: 1

      Either choice can be deadly. In Europe, where there have been enormous price hikes for energy because of "renewables" scams, "energy poverty" is killing tens of thousands of mostly-elderly people:

      Have you ever considered that might just be part of the plan? Most leftists tend to be Malthusians...

      --
      Taking guns away from the 99% gives the 1% 100% of the power.
  71. Wind Blades by mentil · · Score: 1

    Innovations in wind-turbine design are allowing for ever-longer wind blades

    Eventually we'll have wind blades long enough to reach to the top of the atmosphere. They'll also double as space elevators! /hope

    --
    Corruption is convincing someone that the selfless ideal is the same as their selfish ideal.
    1. Re:Wind Blades by meglon · · Score: 1

      We can call them: space ferris wheels!

      --
      Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
  72. Re: bullshit by ncdave4life · · Score: 3, Interesting

    Yeah. Here in NC, the legislature has been mandating wind+solar, so our electricity prices have been going up. We're around $.11 / kw-hr, retail, now. So in 20 years that 20W panel would produce about $77 worth of electricity, valued at current retail price.

    But, of course, the true value of intermittently supplied electricity is actually much LESS than the WHOLESALE value of reliable electricity.

    Also, the panels diminish in output over their lifetime, AND they probably won't last 20 years, AND they don't include installation costs, AND they don't include the expensive inverter (which also won't last 20 years), NOR the extra expense when it comes time to replace your roof (if you mount the darn things on your roof), etc., etc.

    The bottom line is that solar is nowhere near as cost effective as wind, which is nowhere near as cost effective as gas and coal fuels.

  73. Why are non-renewable energy called renewable? by Anonymous Coward · · Score: 0

    Is it just politics? That they want to make people somehow believe that they are not consuming anything? Call them "abundant" instead and you will no longer be liars.

  74. hidden costs by OrangeTide · · Score: 1, Informative

    unfortunately the poorly maintained pipelines in my home state are leaking and have contaminated surface water and ground water in some areas.

    --
    “Common sense is not so common.” — Voltaire
    1. Re: hidden costs by Anonymous Coward · · Score: 2, Informative

      http://www.latimes.com/local/california/la-me-oilspill-pipeline-20150521-story.html

    2. Re: hidden costs by Drethon · · Score: 2

      Also a bit older event in a different part of the country: http://www.mlive.com/news/inde...

    3. Re:hidden costs by meglon · · Score: 1

      So you're saying you haven't bothered listening to the news for years, if not decades.

      --
      Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
    4. Re:hidden costs by deesine · · Score: 1

      Seems the solution to poorly maintained pipelines is to, maintain them properly. Also, how big is the contamination problem? Somebody posted a link below to the recent Santa Barbara spill, but no surface/ground water contamination appears to have happened (unless you include the ocean as surface water).

      --
      damaged by dogma
    5. Re: hidden costs by OrangeTide · · Score: 1

      Enbridge Line 5 in Michigan. The counties in the state have been fighting with the Canadian company on and off for years. http://www.oilandwaterdontmix....

      --
      “Common sense is not so common.” — Voltaire
    6. Re:hidden costs by OrangeTide · · Score: 1

      Most spills aren't significant in size, unless its in your own back yard.

      --
      “Common sense is not so common.” — Voltaire
  75. Not really by Anonymous Coward · · Score: 2, Informative

    They're not adding storage for because it's cheaper than peaker plants. They're adding storage because peaker plants cant correct the stupid fast supply transients (100 msec-5 sec) caused by large PV farms. Those are all about grrid stability inside 10 seconds, and have nothing to do with the pipe dream of overnight storage for renewables. All of the current large scale storage projects are straight up graft.

    1. Re:Not really by Rei · · Score: 3, Informative

      How exactly is a solar farm supposed to black out in 100 msec? Do clouds move at orbital velocities over solar farms? Or if we're talking solar farms spread across large geographic areas, then relativistic velocities?

      Most grid battery buffers have traditionally been used to stabilize frequencies on long lines, having nothing to do with supply constraints. The new, large-scale grid batteries are designed to function as peakers. Tesla's Australia battery, for example, is cited at 100MW with a cost estimate of $62M ($0.62/W), By contrast, a NG peaker usually costs $1/W or more. The former's batteries have an expected lifespan of about 15 years, with a current replacement cost of around $40M (presumably well lower 15 years in the future); otherwise they're largely maintenance free (unlike NG peakers).

      At present, NG peakers are still the go-to solution for pairing with renewables. But the numbers on batteries are looking impressive, and they'll probably take over at some point in the future.

      --
      Dear Diary...today I was pompous and my sister was crazy.
    2. Re:Not really by angel'o'sphere · · Score: 1

      There are enough peaker plants that react in the second.
      As long as your renewable percentage is low, you neither need nor have any real use for storage.
      Storage gets interesting when the amount of renewable energy approaches the level of your base load.
      Or when you can store enough over daytime to supplement your nightly base load.
      For the gird it is no difference whether a few cooling houses shut down cooling and "the grid" is overproducing and has to power down a peaker or if "suddenly" there is more solar energy and the grid has to power down a peaker.
      Both tell you btw. in advanced that they either power down or have more sun. There is no unexpected behaviour in the grid with MW sized installations. Except: accidents.

      --
      Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
  76. Re:bullshit by Socguy · · Score: 1

    Why would you buy a 20 watt solar panel from Walmart for a hundred bucks when you can get a 150 watt solar panel from Amazon for $175?

  77. Re:bullshit by Anonymous Coward · · Score: 0

    Your math is wrong. 0.7 not 29.2. subsidy is thus $161 assuming the same subsidy over 20 years (which is unlikely)

  78. Re:bullshit by zmooc · · Score: 1

    For 100 bucks I can get a 50 watt panel. But that's still ridiculously expensive. The first hit on Google Shopping goes for $0.60 per watt. Your example is... not a good exapmle.

    --
    0x or or snor perron?!
  79. Sure they get there quicker by Anonymous Coward · · Score: 0

    They do not have to pay dictators and cronies from the "underdeveloped nations" money for nothing. (that's all the Paris Accord is about).

  80. That is a three times improvement. by 140Mandak262Jamuna · · Score: 2, Funny

    All these renewables have always been just one decade away from the market. Now a days they are just three years out. Great improvement. In just 50 years they will be 1 year away.

    --
    sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
    1. Re:That is a three times improvement. by Anonymous Coward · · Score: 0

      The time has come already depending on which country you live in (the US has quite low energy costs compared to many other places):

      The renewable energy future will arrive when installing new solar panels is cheaper than a comparable investment in coal, natural gas or other options. If you ask the World Economic Forum (WEF), the day has arrived.

      Solar and wind is now the same price or cheaper than new fossil fuel capacity in more than 30 countries, the WEF reported in December (pdf). As prices for solar and wind power continue their precipitous fall, two-thirds of all nations will reach the point known as “grid parity” within a few years, even without subsidies. “Renewable energy has reached a tipping point,” Michael Drexler, who leads infrastructure and development investing at the WEF, said in a statement. “It is not only a commercially viable option, but an outright compelling investment opportunity with long-term, stable, inflation-protected returns.”

    2. Re:That is a three times improvement. by Anonymous Coward · · Score: 0

      You can hate harder than that. Stop being lazy and try again.

  81. So, haven't bought Intel CPUs lately? by Anonymous Coward · · Score: 2, Informative

    Intel has a fab in Israel, and an assembly factory, plus various R&D facilities.

    1. Re:So, haven't bought Intel CPUs lately? by luis_a_espinal · · Score: 1

      Intel has a fab in Israel, and an assembly factory, plus various R&D facilities.

      Made possible only by the prosperity alleged in the previous post. They just didn't do a fucking mind-meld with their great intellect and made it appear out of thin air. With that said, yes, Israel's society is quite productive compared to the rest of the region. They deserve due credit for that. But do not pretend that external resources (a lot of it our taxes) made that possible (not that I mind, I rather see my tax dollars helping countries progress than in bombing the shit out of poor remote villages.)

  82. Sans-subsidies? by Chas · · Score: 1

    I'll believe it once all subsidies and penalties are accounted for.

    --


    Chas - The one, the only.
    THANK GOD!!!
    1. Re:Sans-subsidies? by hyades1 · · Score: 1

      Are you including all the subsidies to the fossil fuel sector, as well? Did you even know oil, gas and coal get all kinds of them?

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

      --
      I've calculated my velocity with such exquisite precision that I have no idea where I am.
    2. Re:Sans-subsidies? by Chas · · Score: 1

      Yes.

      --


      Chas - The one, the only.
      THANK GOD!!!
  83. Re:bullshit by Anonymous Coward · · Score: 0

    For me "sustainable" means "we can go on like this virtually forever without problems accumulating" but there is another principle I'd like us to adhere to and that is "no unreasonable waste".

    If we do not control, or don't care about, our energy "leakage", then a much greater power generation would mean cooking up the world, just through inefficiencies. So, with greater power generation comes greater responsibility, and responsibility is best taught through frugality.

    If we learn how to get by with less, then when we get the more, we will be able to achieve much more with it.

  84. Free market destroys them. They blame EPA. by 140Mandak262Jamuna · · Score: 4, Insightful

    The researchers also predict America will reach its Paris Climate Accord targets in 2020 -- five years early -- simply because renewables are already becoming the cheapest option for power.

    And the coal miners will be blaming EPA, regulation and government conspiracy for their loss of jobs. Their "drill baby drill" chants crashed the natural gas prices and made coal unviable economically. People who tell this stark truth unvarnished are pilloried by them.

    In fact EPA is what has kept most coal jobs alive till now. All the old coal powered power stations were grand-fathered from most EPA regulations. So even when natural gas becomes cheaper than coal, the new plants have to comply with the latest standards. So the cost of gas plants were high and gas has to become significantly cheaper to make retiring old coal plants viable economically. This was the reason why the old coal plants continued to survive, at least maintaining some level of demand for coal.

    Cost of new generation of renewables is within striking distance now, but gas prices can keep falling and stretch the transition period.

    --
    sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
  85. So much bollocks. by Anonymous Coward · · Score: 1

    So much bollocks. When you use oil to produce electricity you have no more oil to produce electricity. It's not renewable. When you use the sun to produce electricity, YOU DO NOT USE UP THE SUN. Unless you're considering going there and scooping up Deuterium and Tritium from the sun, the sun is not used up.

    Fossilised microbes is to oil as sun is to photon. And there are no new sources of fossilised microbes.What's there now is what's there for our forseeable future as a species. There is no more. But the sun is still there and not used up.

    Asinine cries of "But nothing is renewable!!!" is just the clarion call of the Frequently Spotted Loudmouth Moron. A call of sound and fury signifying nothing. It merely cries to be heard and to inflate its own ego.

    1. Re:So much bollocks. by Anonymous Coward · · Score: 0

      The problem is the term casting things in terms of 'renewable', when what we need is "clean and low/no CO2". Intermittent renewables have significant issues at high penetration. The available non intermittent renewables are either limited in scalability (like hydro), or emit CO2 (biomass). So we wind up just talking about wind and solar most of the time. We should just use the terms wind and solar instead of renewables when talking about scalable renewables.

    2. Re:So much bollocks. by LynnwoodRooster · · Score: 1

      So much bollocks. When you use oil to produce electricity you have no more oil to produce electricity. It's not renewable.

      Apparently you're not quite up to speed. We can make crude oil, in less than an hour. It's an unlimited resource.

      --
      Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  86. Re:bullshit by K.+S.+Kyosuke · · Score: 1

    Remove subsidies and solar or wind will get cheaper slower.

    FTFY

    --
    Ezekiel 23:20
  87. Re:bullshit by BadDreamer · · Score: 3, Insightful

    Because it doesn't have to pay for externalities. People die from the generation of that coal power you buy so cheap, that is why it's so cheap.

  88. Re:As long as.... by meglon · · Score: 1, Insightful

    The oil industry has been getting subsidies from the government for over 100 years now... so what's your point?

    --
    Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
  89. Re:Remember, in Supply and Demand, Supply comes fi by meglon · · Score: 1
    I see people marking this as funny, and it is.. until you realize that....

    Rick Perry says if we put the coal out there, the demand for it will follow.

    .... is the essence of supply side economics, and there's idiots that still believe that bullshit works.

    --
    Fascism: An authoritarian and nationalistic right-wing system of government and social organization. See also: NAZI's
  90. Re:bullshit by Anonymous Coward · · Score: 0

    Because the truth hurts their position and I am surprised they did not mod you down as -1 Flamebait like they have others.

  91. Subsidies by Anonymous Coward · · Score: 2

    People always complain about the subsidies that renewables get. They forget that oil companies don't pay for the oil they are pumping out of the ground. The oil isn't theirs. And not only that they get a tax break for the amount of oil they pump out called a "oil depletion allowance".

  92. Re:bullshit by Ihlosi · · Score: 1
    4 watts * 365 * 20 = 29.2 megawatt-hours over the course of its lifetime.

    Your calculations are off by a factor of one thousand.

  93. Re:bullshit by argStyopa · · Score: 1

    No, but I do think it's entirely possible that the company that is building the panels is getting billions in subsidies, that equates to thousands per panel, sure. (Or other billions are being dumped into other firms that are part of the production chain upstream of your retail purchase.)

    Don't think government would be that stupid? I do, particularly in pursuit of politically-motivated eco goals like:

    http://money.cnn.com/2009/10/2... cash for clunkers, where the U.S.government spent $24000 per car to give people $4500 rebates

    https://en.m.wikipedia.org/wik... - a half-billion dollar dunno into renewables for fuck-all result.

    And before you go after the source of the information in the original item about subsidies, understand that the data came from the Washington Times...an organization quite a bit more credible than...well, you.

    In your specific example, it's made in China...one might further calculate the astonishingly low pay rates in China as a subsidy, knowing the Chinese government is more about keeping people employed than making a capitalist-style profit. Hell, Sunforce might be owned by the PLA as far as we know.

    --
    -Styopa
  94. EROEI by Anonymous Coward · · Score: 0

    Due do effects of mass production and demand-supply prices don't actually reflect how efficient an energy source is. While there is no standardized way to measure energy returned on energy invested, I have not yet seen a single research that would put solar or wind above coal or hydro or nuclear. Yet in general that ratio is linked to economic growth, demographics. And while hydro is renewable there is a strange lack of focus on it. Which leads to beliefs that climate debate is actually an anti-growth debate.

  95. Re: Remember, in Supply and Demand, Supply comes f by blindseer · · Score: 1

    Why do you say that? Is it because knowledge of the behaviors of sheep and cattle would help them relate with Democrats?

    Seriously though, do you even know what courses one must take to major in animal science? Sure, there's a couple silly sounding class names but then every major has a few. I went to an agricultural and engineering school like Texas A&M and knew students that studied Animal Science. About half were headed to go on to graduate school and get their DVM, the other half were planning on going into ranching and farming.

    Make jokes if you like but it's the animal science majors that keep meat cheap and safe to eat. Taking a course called "Meats" is an important part of knowing how to do that.

    --
    I am armed because I am free. I am free because I am armed.
  96. Making a bet on the stability of the weather by Anonymous Coward · · Score: 0

    The one small detail that seems to be escaping these discussions is that 'renewable' energy is in fact a bet on the stability of the weather. Think about it... solar panels need clear days to generate their power over the hundreds of acres of farmland now covered. Wind turbines generate power by slowing the air circulation at the boundary layer between earth and sky -- air circulation powered by large scale temperature difference.

    That is how it works. And these massive installations are all bets that the climate will stay like it is over the next few decades so power generation can continue. Here in eastern Ontario one can see wind plants in every direction -- and one is going in across the street. And farmers fields are covered with solar panels (which no one bothers to clear of snow... but I digress). Funny thing... the climate has its own ideas. This past winter was unusually cloudy -- as an amateur astronomer I pay attention. And this summer is no better -- with lots of cloudy, calm days. A good thing because locally there is a gross overproduction of this stuff and with declining usage due to soaring power prices -- we pay to dump it elsewhere.

    No, there was a reason why our ancestors were so eager to embrace steam and water power and walk away from their dependence on weather driven power sources. One which it seems in our eagerness to embrace this newly rebranded 'renewable' power source we will be learning again.

  97. Re:bullshit by AmiMoJo · · Score: 1

    From your link: "Perfect for charging 12 volt batteries of boats, trucks, RVs, tractors, cars and more"

    It's not even designed for connecting to an inverter, it's designed for mobile DC charging. Even so, I bought a similar one with the charge circuit and a chassis for about $30 a few years ago. Walmart are taking the piss a bit there.

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

    Do the math on what it takes to have a solar system large enough for your house. They have a LONG way to go.

  99. Re:bullshit by h33t+l4x0r · · Score: 1

    I feel like people like you should be required to get a facial tattoo that says "I believe anything on the internet" just so the rest of us can easily identify you.

  100. Re:bullshit by myrdos2 · · Score: 1

    Yeah, I realized after I lay down and closed my eyes, content with the mis-information I had corrected.

    Then I woke up my wife with the sound of "Aww SHIT.".

  101. Re:As long as.... by beelsebob · · Score: 1

    You realise that the US subsidises fossil fuels by more than renewables, right? There's $6.8bn of government money given to coal producers, another $1.5bn to other fossil fuels, and $7.8bn to renewables.

  102. Re: CNN is FAKE NEWS by Anonymous Coward · · Score: 0

    What if I'm non-answer binary and I don't identify with either answer?

  103. The real story of energy in the last 10 years by Texmaize · · Score: 1

    In this place called reality, here is what really happened.

    In 2007, the OPEC countries decided that the price of oil was too low (remember, gas was a dollar something at that point) and colluded to raise the cost of oil. Within the span of a year, the price doubled. This caused the recession that the we all have been enjoying for the last decade or so.

    As the price per gallon reached an absurd $4/gallon, this spurred a great deal of innovation in the energy sector, since engineering solutions that were not feasible at $50/barrel suddenly become feasible at close to $100 barrel. Suddenly, one could talk about expensive option like Solar with a straight face as a real cost effective alternative.

    Along with new economic viability of renewable energy sources , the oil recovery technique which is known as fracking became feasible. The oil reserves found in the Middle East are simply easy to get at, so the cost per barrel is lower. However, there are actually greater oil reserves found in Canada and the U.S. trapped in rock. Normally, this oil was considered to be untouchable, since it was so much harder to get out of the ground compared to the Mid East Oil. But at an inflated $100?B cost, these North American reserves become viable

    The rate that fracking technology was implemented and improved stunned the OPEC nations. In the typical sleeping giant fashion of the U.S., once it awoke, it started solving technical problems very quickly. Not only was the U.S. suddenly able to counter the ridiculously artificially high oil costs, it was in danger of being able to be competitive in oil production cost in general. Since the North American reserves are actually greater than those of Middle East, this would mean they could no longer dictate world policy.

    To combat the situation, the OPEC nations flooded the market with oil. They committed economic warfare by selling oil at below cost, just to shut down the Fracking threat. So, in response, we did what we typically do. Instead of adopting a long term strategy to ensure the growth of our industry, achieve economic independence, and break Middle East power, we decided to implement no protections on oil import and went for the quick, easy solution.

    This is why you are enjoying very cheap gas today. You are enjoying the benefits of the destruction of the U.S. Energy sector. The warfare sent a very big message to the Petroleum companies. If you invest in developing this technology, we will make sure that you lose this investment. Once enough damage is done, expect to see the price at the pump go up again, for no reason. This time, fracking will not quickly come online to counter it.

    This may sound like a godsend to the Burney Sanders crowd, but this does not mean a renewable resource paradise. Under the current below market oil prices, renewable won't really be able to compete either. If you read the article, they make a lot of assumptions and also carefully select their words to equivocate about certain markets. The article does not say for wide spread domination, which is what is being assumed in these forums. The economic pressure by the below market oil will further suppress the development and implementation of renewable. How long do you think these companies can sell at a loss before they have to give in?

    --
    "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
    1. Re:The real story of energy in the last 10 years by Magius_AR · · Score: 2

      This is why you are enjoying very cheap gas today. You are enjoying the benefits of the destruction of the U.S. Energy sector. The warfare sent a very big message to the Petroleum companies. If you invest in developing this technology, we will make sure that you lose this investment. Once enough damage is done, expect to see the price at the pump go up again, for no reason. This time, fracking will not quickly come online to counter it. This may sound like a godsend to the Burney Sanders crowd, but this does not mean a renewable resource paradise. Under the current below market oil prices

      I believe you're mistaken. At ~$20/barrel, oil was below market. At $45-$50/barrel, it is fairly valued. US energy companies spent the last 2 years innovating during the supply glut and drove the cost of production significantly down. Profit can still be made in the US with $50 oil. I'm not sure you'll see the days of $60+ oil ever again in our lifetimes. The cartel is broken. If they try to artificially shrink supply to drive up price, the companies in the US will gladly step into the void to fill the gap. This is why the US oil rig count has been growing for nearly half a year despite declining oil prices.

    2. Re:The real story of energy in the last 10 years by Texmaize · · Score: 1

      Actually, you are mistaken. The data that you used from your quick google search was from 2015. In 2016 and most of 2017, it changed.
      http://marketrealist.com/2015/... In any case, anything that you said does not discount what I said, in fact agrees with it. Near $50 a barrel, probably 60-70 now would be a fair market value. This is what I said in the original post. However, the price was artificially surged to $100+. This allowed alternative energies to be made viable.

      The Cartel is by no means broken, and as the supply price is driven down and competing tech is made enviable, you will see the price rise again.

      --
      "Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.
    3. Re:The real story of energy in the last 10 years by Magius_AR · · Score: 1

      Actually, you are mistaken. The data that you used from your quick google search was from 2015. In 2016 and most of 2017, it changed. http://marketrealist.com/2015/...

      What are you talking about? I quoted no data. And I'm not wrong. Rig counts have been climbing for weeks (I think only recently did they break the climbing streak): http://www.businessinsider.com...

      In any case, anything that you said does not discount what I said, in fact agrees with it. Near $50 a barrel, probably 60-70 now would be a fair market value.

      I still think $60-$70 is out of the question with the new market. Permian break-even occurs around $40 and is profitable even below $50: http://oilprice.com/Energy/Cru... And that assumes no further advancements in efficiency. The Permian production price was $98 in 2013. It was $38 in 2016. Newer fields are going as low as $20 profitability: http://www.zerohedge.com/news/... We are not going to see $70 oil again. $60 is a longshot possibility, but unlikely.

      The Cartel is by no means broken, and as the supply price is driven down and competing tech is made enviable, you will see the price rise again.

      It's completely broken. OPEC tried to freeze production to boost prices and it didn't do anything. The US producers just filled the gap. The US is profitable at $50 oil. OPEC is not: https://www.bloomberg.com/news... What you're going to see is a great deal of budget changes and economic realignment in OPEC nations. There's gonna be subsidy cuts and attempts at building other industries, because they won't be able to rely on oil anymore.

  104. Re:bullshit by Anonymous Coward · · Score: 0

    Why would you go to walmart when you can go elsewhere and buy a 200w solar panel for $100?

  105. Re: Remember, in Supply and Demand, Supply comes f by Anonymous Coward · · Score: 0

    We make fun of Rick Perry because he is an idiot in the GWB sense. He barely got his degree and was known for his cheerleading. And now he's the current Secretary of Energy.

    Link to a copy of his transcript here:

    http://www.huffingtonpost.com/2011/08/05/rick-perry-college-transcript_n_919357.html

  106. an even better technology by epine · · Score: 1

    I would have guessed the cheapest electricity now comes from hydro-electric dams that have already paid for themselves three times over, and might continue to operate for another 100 years.

    (I tried to determine the expected lifespan of Robert-Bourassa not long ago, but the reality is that no-one really knows, depending of subtleties of surface water chemistry over timespans barely investigated. They pencil in "100 years" at time of construction, probably more for the bankers than the engineers. To a banker, 100 years is aleph two, the last countable infinity.)

    Oh, you meant the cheapest marginal new construction, as viewed from the second margin of cherry-picked bank loan shovel-ready favourability.

    And once you exhaust hot, sunny, and dry and California's low coefficient of tropical fungus, then what?

    I know, I know.

    Have the entire Amazon rainforest collect rainwater, aggregate it all into a single large flow, and run it through a BIG honking generator.

    I'm just sure it would work. And who even knows just how long those puppies would spin? Why, fifty years from now, if the climate becomes wetter than ever, it might almost be practically free.

  107. Re:bullshit, no really by Anonymous Coward · · Score: 0

    Sorry, bud, but you're wrong.

    Coal doesn't cause environmental damage. Coal is natural, organic, and part of the environment.

  108. Stephen Hawking rejoice by Anonymous Coward · · Score: 0

    Maybe your promise of 250 degree surface temps like on Venus (All Donald Trump's fault!) won't necessarily come true?

  109. Really? by sycodon · · Score: 1

    We will also have Fusion in 20 years.

    --
    When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
    1. Re:Really? by spun · · Score: 1

      Every year, for the next twenty years, we will have fusion in twenty years. Same as always.

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    2. Re:Really? by tim620 · · Score: 1

      Very true. I remember hearing the "we'll have fusion in 20 years" statement over 30 years ago.

    3. Re:Really? by invid · · Score: 1

      Fusion is the power of the future, and always will be.

      --
      The Moore-Murphy Law: The number of things that will go wrong will double every 2 years.
    4. Re:Really? by david_thornley · · Score: 1

      I may be older than you. I heard that over 40 years ago.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  110. Re:bullshit by Anonymous Coward · · Score: 0

    SHHHH!. Don't talk about subsidies in terms of per MWh. We don't want to know cost per actual unit production. We want misleading numbers for headlines.

  111. Re:bullshit by argStyopa · · Score: 1

    Now they have. I'm -1 Troll. :)

    It's like a badge of honor, here.

    --
    -Styopa
  112. Re: Remember, in Supply and Demand, Supply comes f by angel'o'sphere · · Score: 1

    I thought a teacher degree would be enough or worst case being a preacher?

    --
    Cost free eBook I read (by iBook/Kobo/Amazon/ObookO/Gutenberg etc.): "The Green Odyssey" by Philip Jose Farmer.
  113. Re:bullshit by cnaumann · · Score: 1

    Math?

    4W * 365 days/year * 20 years * 24 hours/day *0.000001MW/ W = 0.7 Megawatt-hours over the panels lifetime. A subsidy of $161.

  114. Re:bullshit by argStyopa · · Score: 1

    Really? Where are you?

    NPR says about 11cents for MN average.
    http://www.npr.org/sections/mo...
    (ok that was 2011)

    According to Xcel energy themselves: https://www.xcelenergy.com/sta...

    Energy charge per kWh:
    On-peak time
    June through September $0.20077
    October through May $0.16454
    October through May with electric space heating $0.10912
    Off-peak time:
    All months $0.03015

    --
    -Styopa
  115. Cow farts are renewable energy? by Anonymous Coward · · Score: 0

    Give me a break.

    1. Re: Cow farts are renewable energy? by Anonymous Coward · · Score: 0

      The things you crackheads find amusing certainly are different from the rest of us.

    2. Re:Cow farts are renewable energy? by Marxist+Hacker+42 · · Score: 1

      Actually yes. I know several dairies that are energy independent, just due to funneling the manure into a capped digesting pond with a methane powered turbine sitting on top.

      --
      SJW: a person who perceives an injustice, and while correcting it, commits a greater injustice.
  116. Inevitable by LesserWeevil · · Score: 1

    It's inevitable that the combustion economy will eventually be replaced with renewables. Most estimates are this will happen over the next 10-25 years as renewables become more efficient, energy storage at large scale becomes more possible and attitudes about fossil fuels change. Resistance is futile..

  117. Climate saved? by T.E.D. · · Score: 1

    The researchers also predict America will reach its Paris Climate Accord targets in 2020 -- five years early --

    Yay! We're saved!

    Whoops, what's that? The permafrost is melting? Did I say "saved"? I'm sorry. I meant boned. We are totally boned.

    Arctic permafrost contains 1.8 trillion tons of carbon, more than twice as much as is currently suspended in the Earth’s atmosphere. When it thaws and is released, that carbon may evaporate as methane, which is 34 times as powerful a greenhouse-gas warming blanket as carbon dioxide when judged on the timescale of a century; when judged on the timescale of two decades, it is 86 times as powerful. In other words, we have, trapped in Arctic permafrost, twice as much carbon as is currently wrecking the atmosphere of the planet, all of it scheduled to be released at a date that keeps getting moved up, partially in the form of a gas that multiplies its warming power 86 times over

    This is like that false salvation moment near the end of the movie, right before the giant bad thing stands up behind the heroes and smiles at them. It ain't gonna be that easy.

  118. No by Anonymous Coward · · Score: 0

    What you call subsidies are no such thing, the Fed shave never cut a check to the oil industry.

    What you refer to as a subsidy is simply the Feds saying "we won't FUCK YOU OVER" while you explore for oil here".

    With Solar, the Taxpayer is cutting a check made out to Solar Boondoggle, Inc.

    1. Re:No by mesterha · · Score: 1

      Right or wrong, I think the subsidy is often considered the exploitation of the externalities such as pollution. This is part of the rational for giving cleaner tech subsidies, to balance the playing field. While I think it would be more honest to remove the externality, it's probably easier to give the clean technology the subsidy.

      --

      Chris Mesterharm
  119. Cheapest and lowest cost... by Bartles · · Score: 1

    ...are not synonymous.

  120. Re:Remember, in Supply and Demand, Supply comes fi by Anonymous Coward · · Score: 0

    Natural gas is only cheaper because of fracking, which you hate if you are a snowflake. NG is ok under Trump, it would have been unclear under Clinton.

  121. Re:bullshit by LynnwoodRooster · · Score: 1

    SoCal power rates. The "first tier" is usually set well below what a normal household would use (for example, I have no AC, no pool/hot tub, all LED lighting, natural gas for heating and clothes drying, and I'm only home for 15-18 days a month - and I still use 110-120% of my typical allowance). Of course, we also get to have the highest gas prices in the lower 48 - even though we are the 3rd largest producer of oil in the US.

    --
    Browsing at +1 - no ACs, I ignore their posts. So refreshing!
  122. 2020: yay microwave power plant by Anonymous Coward · · Score: 0

    According to sim city 2000, 2020 is the year we get microwave power plant

  123. Re:bullshit by Anonymous Coward · · Score: 0

    Same with solar, except it's people in China dying, using energy from brown coal plants to make our solar panels.

  124. Uh huh, yeah right. by Anonymous Coward · · Score: 0

    Bu llsh it. And the oceans were going to flood California and New York by 2016 according to Algore.
        "In January 2006, former Vice President Al Gore predicted, when his first film “An Inconvenient Truth” was first premiered at the Sundance Film Festival, that earth would be in “a true planetary emergency” within the next ten years. According to CBS News, Gore warned in January 2006 that “unless drastic measures to reduce greenhouse gases are taken within the next 10 years, the world will reach a point of no return.”"

    http://www.climatedepot.com/2017/01/22/inconvenient-question-gore-asked-about-failed-10-year-tipping-point-refuses-to-answer-enters-suv-in-snow/

  125. Renewable's in the real world that are encouraging by Anonymous Coward · · Score: 0

    Solar panels are cheap today. I'm looking at putting some on my roof and the panels are not the most expensive part any more. It's the man hours that cost the most.

    To see an example of real time renewable electricity generation go to http://www.caiso.com/Pages/TodaysOutlook.aspx to see how much solar, wind and other contribute. As I write this the total demand is 35.9GW and the renewable portion is 10.1GW. Yes renewables are currently supplying 28% of the states electricity.

    There are a lot of solar projects still being built. Now we just need ways to store that power...

  126. Re: Remember, in Supply and Demand, Supply comes f by Anonymous Coward · · Score: 0

    Oh look. Another Republitard tries to insinuate (that's a big word, you might have to look it up.) that Democrats are like sheep and cattle. How droll.

    Did you miss the lesson in Sunday School about two wrongs not making a right? Just because GP was a troll, doesn't mean you have to follow suit.

    Now go crawl back under your rock until you learn how adults carry on polite conversation without being offensive to people who have different political leanings. Being a Democrat isn't wrong, any more than being a Republican is. (But being a RINO because your NRA or Nazi agenda is somehow a better fit is Wrong, with a capital W.)

  127. Re: Remember, in Supply and Demand, Supply comes f by Anonymous Coward · · Score: 0

    Those who can, do.
    Those who can't, teach*.
    Those who can't teach become Secretary of Energy under Twitler.


    *Apologies to teachers. There are lots of great teachers who are quite capable, but love teaching. More power to them.

  128. What ?? no coal? by Anonymous Coward · · Score: 0

    Someone,
    Please tell the Orange One that this is coming around the corner.
    Thanks.
    Everyone.

  129. Re: Remember, in Supply and Demand, Supply comes f by Anonymous Coward · · Score: 0

    > Might be quite useful in the Republican Party.

    Fake Government!

  130. Re: Remember, in Supply and Demand, Supply comes f by Anonymous Coward · · Score: 0

    Oh look. Another Republitard tries to insinuate (that's a big word, you might have to look it up.) that Democrats are like sheep and cattle. How droll.

    Blindseer? More like butthurt seer.

  131. Don't Shill for Big Oil by Anonymous Coward · · Score: 1

    The truth is that the intermittency problem with wind and solar is so severe that when you get more than a few percent tied into the grid it actually has negative value.

    Only if you do it stupidly. California is already seeing days where renewable make up 50% of their electric usage and their problems with negative value are relatively small, manageable and are in the process of being mitigated. BTW, the term for what you call intermittancy is the duck curve.

    The smart way to do it is:

    1. Improve the grid so that, for example, when the wind stops blowing off the east coast you can bring in electricity from the plain states to fill the gap.
    2. Build natgas plants that can easily and rapidly spin up and down to also buffer the supply.
    3. Include storage as part of the plants. California has recently added that to the law regulating all new forms commercial power generation in the state.

    What you can't do is rely on baseload power (like nukes and coal) which get tons of subsidies in the form of guaranteed returns.

    What's more, most of the energy used to PRODUCE solar panels, and much of the energy used to produce wind turbines, comes from soot-belching, coal-fired power plants in China, and most of the energy REPLACED BY these devices would have been produced in clean power plants with state-of-the-art "scrubbers" in North America, Europe & Australia.

    That's all bullshit of the highest degree.
    The energy required to manufacture wind turbines is recouped within about 6 months of operation.

    And, in case anyone is interested:
    The energy required to manufacture solar panels is a tiny fraction of how much they will generate over their lifetime.
    In Middle Europe, where irradiance is about equal to that of Alaska, PV panels built with 10 year old manufacturing technology reached a net energy cost of zero within 3 years. In Southern Europe it was between 0.5 and 1.5 years.
    Furthermore for every doubling in solar manufacturing capacity energy used to produce solar panels decreased by 12-13 percent, and greenhouse gas emissions dropped by 17-24 percent. Over the last decade, solar manufacturing capacity has increased 10x.

    As for "scrubbers" and coal, China is way ahead of the US.
    China recently cancelled construction of 104 new coal plants equal to one third of the US's total installed coal capacity. Even then, China's coal regulations are so much cleaner than the US's that by 2020 not one single US coal plant would be clean enough to legally operate if it were in China.

  132. Re: bullshit by Anonymous Coward · · Score: 0

    Also, the panels diminish in output over their lifetime,

    Empirical results are that they have been degrading less rapidly than expected.
    Expected was 20% capacity loss at 20 years (1% per year).
    The actual measured capacity loss is 10% for panels manufactured before 2000, and due to quality improvements since then, its just 8% for newer panels (0.4% per year).

    AND they probably won't last 20 years,

    Empirical results are that solar panels are lasting far longer than 20 years.

  133. Solar @ 3.8 cents per kWh in India by Anonymous Coward · · Score: 0

    Utility scale solar is already at 6-7 cents per KwH before subsides in the South West USA,

    FWIW, in India utility scale solar is at 3.8 cents per kWh (2.44 rupees).

  134. Peak Oil Consumption is Nearly Upon Us by Anonymous Coward · · Score: 0

    All things being equal, expect renewables to get cheaper and fossil fuels to get more expensive just on the tax benefits.

    Actually... its the reverse.
    Oil subsidies are externalities (armies in the middle-east, cancer, etc). There are monetary ones too like tax breaks for oil exploration, etc. But they aren't as much as the tax breaks for solar and wind.

    But, and here is the real kicker, "peak oil" is coming but it isn't peak production its peak consumption. We are going to have an over-supply of petroleum. That's going to cause the price of oil to come down even more than it has over the last couple of years. As electric cars 'steal' gasoline customers there will be excess gasoline capacity and so gas prices will go down. Its not going to be a smooth and consistent decent, but the trend is going to be downwards.

    1. Re:Peak Oil Consumption is Nearly Upon Us by OrangeTide · · Score: 1

      Crude may be cheaper, but refineries have a lot more control over the prices of their products. The supply of crude may be high, but the supply of gasoline depends entirely on what the refineries choose to produce.

      --
      “Common sense is not so common.” — Voltaire
  135. Re: Remember, in Supply and Demand, Supply comes by bestweasel · · Score: 1

    I didn't criticize Animal Science or anyone who studies it, not even Rick Perry. That blindseeing isn't going too well - why don't you open your eyes?

  136. Re:bullshit by Toad-san · · Score: 1

    Check your math.

    4 watts per hour * 24 hrs a day * 365 days * 20 years .. and then get your 20% of max production = 140,160 watts. I'm not impressed, really. I could probably do better with a hamster wheel.

  137. Re: Remember, in Supply and Demand, Supply comes f by dddux · · Score: 1

    Some people here are vegans and some are vegetarians, dude... not all people eat meat. Even in Texas.

    --
    "It is no measure of health to be well adjusted to a profoundly sick society." - Jiddu Krishnamurti
  138. Not if... by Stubbyfingers · · Score: 1

    The oil companies have all the renewables CEOs shot

  139. Facts not Fads by I75BJC · · Score: 1

    The only way, in the foreseeable future, for Renewable Energy to be the cheapest energy in the USA is to Outlaw the so-called "Non-renewable Energy". And that will not happen. Plus, the ecological damage from certain forms of Renewable Energy is worse than Non-renewable Energy -- per a /. story.

  140. define cheap by Anonymous Coward · · Score: 0

    Is that "cheap" as in able to compete in the market cheap or "cheap" as in must have government subsidies cheap?

  141. Every week the same story by MooseMiester · · Score: 1

    It's the same as Russia-Gate. Every day, we are breathlessly told THIS IS IT! THIS IS THE SMOKING GUN! WE HAVE HIM!

    With the renewable crowd it's exactly the same. We'll all be driving electric cars in ______! We'll be on all renewable by ________! We won't need oil by ________! We're at PEAK OIL!

    Same with the environmentalists. By ______ we'll be dead! The Earth will be superheated in __________ years. The oceans will be devoid of life by _______.

    After years and years and years of these of claims none of them have happened. Which is proof that these groups of people here have no memory and oh so desperately WANT TO BELIEVE. Now it seems Morgan Stanley wants you to INVEST. Their motives are pure.

    Kill all the subsidies for all of this crap and see what happens...

    --
    Murphy was an optimist
    1. Re:Every week the same story by hyades1 · · Score: 1

      Nice straw man you've got there. Did it take long to make?

      --
      I've calculated my velocity with such exquisite precision that I have no idea where I am.
    2. Re:Every week the same story by MooseMiester · · Score: 1

      I've been reading slashdot for a very long time, have you?

      I have a sense of humor, do you?

      I think I know the answer here.

      --
      Murphy was an optimist