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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (11206)1/8/2009 3:56:04 PM
From: Jorj X Mckie3 Recommendations  Read Replies (4) | Respond to of 33421
 
There are numerous obstacles.

Nuclear - There hasn't been a new Nuclear Power plant brought online in over 20 years. This isn't because nuclear power isn't a viable energy source.

Petoleum - one word..or acronym "ANWR". We will still need petroleum products. We have to be willing to exploit our own oil reserves.

Coal - not so much obstacles, but there is definitely an antagonistic tone toward the use of coal because of the perceived greenhouse gas contribution.

Hydroelectric - Obstacles are mainly with environmental pressures. U.S. gets just under 10% of their power from Hydroelectric Dams. There are a limited number of appropriate locations for large scale hydroelectric dams so we need to start looking at smaller scale inland locations and coastal locations.

Solar and wind a generally perceived to be the greenest sources of energy, which is a bit of a farce, but I don't see too many obstacles with them. I also consider them to be of the least importance as energy sources.