SI
SI
discoversearch

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.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (158803)10/21/2011 10:25:45 PM
From: katytrader1 Recommendation  Respond to of 206160
 
You would also like the story a few weeks back which said that the remnants of the hurricane which veered away before approaching the US brought exceptional winds to the UK. The wind farms generated far more power than could be taken by the electricity companies. Apparently there were 'take or pay' provisions in the contracts which had very large sums due the wind farms. Of course, the rate payers would ultimately foot the bill.

katytrader



To: Bearcatbob who wrote (158803)10/21/2011 10:52:48 PM
From: ChanceIs  Respond to of 206160
 
>>>Here is the hilarious truth i found.<<<

My tech background in mechanical. I course I had thermo and chemistry. From the very beginning, I thought that CO2 capture was insane. I wasn't that close to it, so I couldn't develope an informed opinion. But my gut screamed that it was folly. am always glad to be proved correct.

It's a shame that the educational levels have slipped to such a level that such nonsense even got $100 in funding. If you want to experience the loss of life that global warming will reputedly bring, continue ignoring thermodynamics and throwing money down ratholes. Don't believe me??? Google "Greece riots."



To: Bearcatbob who wrote (158803)10/21/2011 11:55:19 PM
From: ChanceIs  Read Replies (1) | Respond to of 206160
 
Soaring prices push Queen close to ‘fuel poverty’

>>>Tell me good sir. What will be the choice? Lights out in Buckingham Palace or Carbon Capture and Storage.??<<<

By David Blair, Energy Correspondent



The Queen is coming perilously close to joining millions of her subjects in “fuel poverty” as energy bills for four palaces and a draughty castle absorb a rising share of her income.

About 4m households in England have fallen into fuel poverty, a situation in which a homeowner must spend 10 per cent of their annual income to keep their abode acceptably warm.

The royal household is aware of its predicament. Signs in Buckingham Palace headlined FUEL ECONOMY sternly warn: “The attention is drawn of all members of staff to the need to switch off unwanted lights. By Order of The Master of The Household.”

The Queen herself prowls the corridors, switching off superfluous lights, a Buckingham Palace employee said.

Royal accounts show the Queen’s electricity and gas bill was £2.2m in 2010-11, or 6.9 per cent of the monarchy’s total income from the government.

The Queen’s government has since frozen her income, while average energy bills have risen 20 per cent. Assuming constant fuel consumption, the bill for the palaces would climb to £2.6m this financial year, or 8.2 per cent of the Queen’s income. That suggests that just one further round of energy price rises would push Her Majesty over the 10 per cent threshold and into fuel poverty.

The government is obliged to eradicate fuel poverty by 2016. But it may be spared worrying about the royal household if it adopts a new definition that strips out rich households by calculating whether fuel costs push income below the poverty line of £12,700 – a level the Queen remains comfortably above.