The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
This veers into what I call "Schumer's Conundrum", named after NY's Senator. He wants cheap electricity (and there is only so much of the ultra-cheap Niagara Falls and St Lawrence River energy to go around), but wants it green, wants the jobs from green electricity (and probably the financing jobs for green energy, too). But by wanting everything, he essentially gets nothing, and every year, the waters of the Atlantic creep up ever higher (he lives in Brooklyn, which is mostly near sea-level).
Cheech & Chong had a great saying about "if you have the time, you have no money for stuff and that was when there was stuff available, and if you have money for stuff, there was a dearth of stuff available". Well, a bit paraphrased, but close enough for government work. For renewables, if you don't have a price for the product, it might raise the price of the electricity product a touch, which is deemed verbotten. On the other hand, if you don't raise the electricity price to pay off the renewable investments, you get no renewables. Of course, if American's got more efficient with electricity, the cost of electricity going up would be more than compensated by less money paid for less electricity needed. But, the sale of the incandescent bulb is still allowed, and not taxed at $5/100 watt incandescent bulb. And buying more than 42" TV screens to earth the superbowl was still all the rage this year.
Meanwhile, reality slowly keeps intruding. The big question is whether the hordes of unemployed smarten up, or the waters of the Atlantic reach the strets of Brooklyn
Nb41
China can make noises about sustainable power, but they are not likely to really cut down their share of coal power before they hit their domestic peak coal ... and once they hit their domestic peak coal, the international price for coal is going to start heading up, and with it the domestic price for all coal-fired electricity. I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
... but the last estimate I saw put it at ten to twenty years, and probably the short side of that ... so around 2020-2025 might not be a bad guess.
And expansion of coal supply will be increasingly difficult as they approach the plateau ... which the Chinese government seems likely to ascribe to "successful efforts to cope with CO2 emissions". I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
Good point! And since a new coal burner will make electricity at between 10 to 12 c/kw-hr with no CO2 trash-stashing, and 15 to 17 c/kw-hr with CO2 trash stashing....even offshore wind is competitive with new coal burners. Add in the social benefits to all the people put to work with wind and offshore wind, and this makes even more sense.
All that is needed is a Feed-In Law option....and they would be "ready to make some Gumbo". For both on and offshore wind.
by gmoke - Nov 12 7 comments
by Oui - Nov 287 comments
by Oui - Nov 278 comments
by Oui - Nov 2511 comments
by Oui - Nov 24
by Oui - Nov 22
by Oui - Nov 2119 comments
by Oui - Nov 1615 comments
by Oui - Nov 154 comments
by Oui - Nov 1319 comments
by Oui - Nov 1224 comments
by gmoke - Nov 127 comments
by Oui - Nov 1114 comments
by Oui - Nov 10
by Oui - Nov 928 comments
by Oui - Nov 8
by Oui - Nov 73 comments
by Oui - Nov 633 comments
by Oui - Nov 522 comments
by Oui - Nov 321 comments