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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?

To: Birdieking who wrote (353)	1/17/2021 10:32:25 AM
From: robert b furman	Respond to of 4432

Hi BK, I agree. Renewables, although much talked about by environmentalists, have intermittency issues (cloudy and windless days). The expense of back up batteries are prohibitive and the environmental impact on mining the needed components is never talked about. Subsequently renewables require the expense of back up substitute systems - which is an important area of growth for natural gas. Natural gas is also being worked into replacing the dirtier fossil fuel - coal. Germany's experience with renewables has tripled the cost of electricity. Germany's cost of electricity increases has been so great that industry has been given rebates to remain competitive. Of course the politicians decide who bears the costs of expensive electricity, so the poor get breaks and the working class gets hammered with all of the costs. The intermittency issues have been so unreliable, that Germany is now building coal fired plants as back up to the renewable generation - A failed plan not by just about all measurements. It is encouraging to note that natural gas is the fastest growing source of electricity generation outstripping renewables substantially. Nuclear is an area that needs to be advanced. Fukushima put a very sad delay on its improvement. It is important to note no one in the US has ever been hurt by our nuclear installations. I have nuclear plants very near me built a long the shores of Lake Michigan. They are now being decommissioned due to age. I think there is a great future on the small nuclear plants now being built. A good read on electrical generation growth in the US: Message 33113522 Camico looks good to me also. Bob