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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Lizzie Tudor who wrote (162903)11/8/2008 3:34:14 PM
From: Elroy JetsonRead Replies (2) of 306849
 
Roughly 25% of the electricity used in California comes from coal. It doesn't seem like that because these coal plants are conveniently tucked away out-of-state. While this is lower than the 55% of electricity which comes from coal nationally, it's still large and growing.

A community of billionaires who run their cars on vintage Port from their vineyards or electricity generated at a cost far above market is not a national solution. Currently 11% of California's energy use comes from alternate energy. A significant part of the cost of these plants originally came from Federal subsidies, so the cost difference between these two sources is underestimated.

I worked in Chevron's geothermal group for 14 months and can tell you with great certainty that the primary problem with geothermal is there are few sources which supply high-temperature steam for electrical generation, and essentially all of those in California are in production.

Lower temperature geothermal is a great resource, but not for producing electricity. Lower temperature geothermal can be combined with a heat-pump for local heating and cooling, like the installation in Buckingham Palace.

California has operated for years with cost inefficient alt e power plants. Geothermal for example, deemed cost ineffective (according to the coal lobby).

We do pay more for electricity than other states, thats a fact, due to our resistance to coal.
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