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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: RealMuLan who wrote (71241)11/15/2007 3:25:02 PM
From: Gemlaoshi  Read Replies (5) of 116555
 
As a utility economist, I can assure you that we do not build additional generating capacity because we love to build power plants.

Action must be taken on the demand side to limit the uncontrolled growth and waste of energy. Lifestyles and business operations must change if people are truly concerned about the environment.

As it stands, my system must add roughly 700 MW per year to meet demand: that equates to a new 1200 MW nuclear unit every two years! That is just one system. The scale of the problem just overwhelms talk of meeting new demand with solar, wind, renewables, etc.

Consumers must embrace conservation and voluntarily reduce consumption if they do not like CO2 emissions. Short-term, it is the only viable solution until that perfect, safe, non-polluting energy source is discovered. If consumers refuse to cut back, then I can only assume they are not really very concerned, but wanting someone else to "fix" the problem.

Dave
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