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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: quehubo who wrote (57896)	1/26/2006 1:46:20 PM
From: Ottrose	Read Replies (1) of 206254

The PR was unclear whether it was the 3000 MW or the 9000 MW that represented the 5%. The environmental community has been a conceptual friend to renewable energy and a practical enemy, for several reasons. First, they have consistently overstated the role of each of the r.e. technologies in the near-term and the long-term. Second, national groups support renewables, but local env groups frequently oppose renewable PROJECTS. The NIMBY to BANANA movements affect more than just large-scale conventional plants. Some will always want to stop a coal plant because it is a plant, not just because it's coal. Same with wind. I would submit that separating the energy source from the politics of energy is helpful in any analysis that may contribute to investment decisions on this board. I would submit that wind can reasonably supply 5 to 10% of the nation's energy (though not as much capacity) over the next several decades, and each kwh will more likely supplant NG than any other fuel source because wind's low marginal cost can be compared only to a fully capitalized dam or nuke plan.

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