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Re: The sun and the wind continue to defy gravity.

By: keystone in FFFT3 | Recommend this post (0)
Thu, 14 Jan 16 7:33 PM | 70 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 18639 of 65535
(This msg. is a reply to 18637 by clo)

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Good Morning Clo~!

Ah, the oil patch!

Moore's Law has a hell of a lot to do with it.

The Chinese did the world a favor by deciding to dominate the solar power field by flooding the world with cheap panels. As the panels have become ever more efficient the cost of the power diminishes. And of course the efficiency of continuously improving batteries makes the entire process more effective in less and less desirable locations for solar.

Universally, nobody likes to be extorted by a bunch of rag headed bastards with oil.
Even in a perfect supply and demand situation, people reject the idea of dependency on one source of energy.

As a kid I remember hiking through the Poconos on roads graded upon coal. So much coal that it was used as gravel.

Hopefully Oil will be this Century's coal.
Too much of it.




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The above is a reply to the following message:
The sun and the wind continue to defy gravity.
By: clo
in FFFT3
Thu, 14 Jan 16 7:23 PM
Msg. 18637 of 65535

The sun and the wind continue to defy gravity.

Renewables just finished another record-breaking year, with more money invested ($329 billion) and more capacity added (121 gigawatts) than ever before, according to new data released Thursday by Bloomberg New Energy Finance.

This wasn't supposed to happen. Oil, coal and natural gas bottomed out over the last 18 months, with bargain prices not seen in a decade. That's just one of a handful of reasons 2015 should have been a rough year for clean energy. But the opposite was true.

MORE:
http://www.bloomberg.com/news/articles/2016-01-14/solar-and-wind-just-did-the-unthinkable


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