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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (7686)4/27/2009 9:00:31 AM
From: RetiredNow  Read Replies (1) | Respond to of 86356
 
The silicon valley venture capitalists don't agree with you that the coming of green energy represents an economic train wreck. In fact, they are betting very heavily that it will be an economic windfall for our economy. I'm a betting man, and I think I'll bet with the VCs over you. But thanks for your opinion anyway.



To: Bearcatbob who wrote (7686)4/27/2009 5:03:02 PM
From: Archie Meeties  Read Replies (1) | Respond to of 86356
 
No commercial technology exists. I hope nobody is basing some sort of short term plan on cheap co2 capture.

However, I don't think the lack of commercialized product means we should give up on the approach. I'll go back to the idea that we should be taking a 10-20 year time horizon for the develop of low CO2 coal. It's not as if GW is going to speed up or slow down significantly in that time frame even if you could buy co2 capture off the shelf. We're still going to be using plenty of coal in 2030, more than anything else I'm sure. It would make a lot of sense if we could develop and commercialize the technology as its a domestic source.

Interesting that 2008 and 2009 will both see stagnant growth in electricity demand in the US.