Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: Frank A. Coluccio who wrote (35283)	8/27/2010 3:20:26 AM
From: axial	Read Replies (1) \| Respond to of 46821

I think the rebuff gives readers a more accurate assessment of the whole picture. I posted Gates' interview because it presented non-mainstream ideas, and an indicator of divergences within the "system" (whatever that is). Even on this thread, we see great disparity in viewpoints. I tend to view subsidies for alt energy as insurance, as an investment. You appear to view them as unjustified expenditures in the context of present-day economics - which is true, but in the approaching future it leaves us resorting to coal (or nothing) for affordable energy. We've discussed the approximate 10-year timeline for additional NG obtained by fracking - which gives us a scary horizon around 2020 - especially in the absence of greater electrification. Plus, it's fairly clear that crude oil will be well above $150/bbl by then -- while countries like Brazil and others have openly stated there will be no crude exports from them. By that time we'll see most nations that DO have access to crude hoarding it for themselves (I can verify this in a longer post if you wish, but it's a researched statement). If anything I'd like to see more emphasis on nuclear microgeneration - or just plain nuclear generation - fast. We're way behind on that and 15 years from now is far too late for a rush to build. Somehow, re-open Yucca Flats. It's the best answer we have, and is consistent with international best practices. Yes, we should look seriously at DC transmission. Also, in any scenario (solar or nuclear) where the use of molten sodium is envisioned for heat transfer, I have strong reservations - especially when a 50- or 60-year constant-use lifetime is contemplated for piping. --- For energy, a high-priority balanced approach is required, across multiple jurisdictions and regulatory regimes. This, in the context of a deleveraging economy, restricted lending, and declining tax base. IMO Rosen is 70% right, maybe more, Gates 30%, maybe less. Jim