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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.88+1.2%Nov 28 4:00 PM EST

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To: TobagoJack who wrote (128119)1/11/2017 7:22:18 AM
From: stsimon2 Recommendations

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dvdw©
ggersh

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The problem with coal isn't that it is a dirty fuel that is bad for all of us, which it is, but that as a 19th century fuel it has too complex a supply chain. It has to be dug out of the ground, washed to get the dust and rock out of it, loaded onto to trucks, trains, or ships, transported to a power plant, stored onsite in huge piles, burned in giant boilers, have its many contaminants removed from the emissions stream, process the toxic coal ash byproduct, and repeat.

Renewable energy has no such complex supply chain. Renewables to have an intermittency problem, but that is on its way of being solved with improved energy storage technology and smart grid technology. China will eventually go almost 100% renewable because it will make business sense to do so.
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