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Politics : Politics of Energy

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To: RetiredNow who wrote (4268)1/16/2009 4:28:10 PM
From: Hawkmoon  Read Replies (2) of 86356
 
It's all about thinking long term. I'm getting the distinct impression you would not make a very good venture capitalist.

No.. I'd prefer to be a vulture capitalist. I'd prefer you folks waste all your money on your illogical and non-profitable ventures and then I pick up the pieces of what's left for pennies on the dollar in hopes I can make something work out.

And that, is what I fear is going to be the end result with the wind power industry. All of this investment may all wind of underperforming expectations, or maintenance and repair downtime might render them far less profitable than projected.

And look at the EROI (energy ROI) for wind versus other power forms. They assert it far outstrips other generation capabilities, yet they are threatening to halt the building of half of them..

eoearth.org

eoearth.org

Something sounds strange to me, but I'm sure you'll see no problem with it.
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