The "Green Jobs" Fantasy

[GeronL]

Wind and Solar are not economically sustainable. See that last link I posted. It is very sobering. Germany has half the solar panels on Earth and they will never break even.

[Rifleman]

Originally Posted by GeronL

Wind and Solar are not economically sustainable. See that last link I posted. It is very sobering. Germany has half the solar panels on Earth and they will never break even.

I got a laugh today. Seems one of the local stations carries a commercial for "The Bloomberg New Energy Finance Group. Here's the link:Source

And a couple of quotes from their website:

Bloomberg New Energy Finance is the leading provider of independent analysis, data and news in the clean energy and carbon markets

As the world transitions to a low carbon economy the business of clean energy and carbon is evolving quickly. To stay on top of the latest developments, you need the most accurate, timely information and analyses you can get. That's Bloomberg New Energy Finance: the world's foremost provider of subscription-based services including industry-leading research, up-to-the-minute verified news and the most robust source of data on clean energy and the carbon markets.

Bloomberg New Energy Finance supports its clients as they navigate the renewable energy industry sectors, offering expertise on bioenergy, geothermal, hydro, marine, solar and wind. The world's energy system is undergoing a profound transformation: from high-carbon, centralised and insecure to low-carbon, distributed and robust. This brings immense opportunity coupled with commensurate risk. In these fast-changing markets, we give our clients the information that they need in order to build their business and devise leadership positions by giving them insight into the key market drivers: policy measures, regulatory issues, technological developments, supply chains, industry economics and finance and investment trends.

As I have pointed out, the only reason that there is ANY renewable energy market, is because of government interference. WInd power can only replace 10% estimated of a countriy's energy needs because of unreliability, and that is theoretical, because too often the economical sites for a wind turbine are remote from the need. The US is fairly good for wind energy use, but we are already nearer to the limit than other countries. The assumptions of the Bloomberg Service is wrong on several accounts. "Carbon" energy is only centralized and insecure, because of governmental action. Domestic exploration would make it more secure, as would the entire Keystone pipeline. Currently the "renewable energy producers are ALSO centralized, with major distribution problems and cewrtainly NOT "robust".

I do agree, that money can be made in the market. Get wind of a new and expensive government spending plan, invest if the recipient of that money, make your money, and then get out! Dims from Algore, to Raines, the crook who ran Phony Mae, and probably Obama's other rich friends are heavily invested into Cap & Trade, were it ever to happen. This would be like the Obama cronies being able to take money out of the pocket of every American Taxpayer, as well as the poor.

And as I also pointed out, puting the hurt on conventional means of energy production is like cutting their own throat. Disrupt the conventional energy production in a significant way, and you cut the subsidies to the "green" energy industry.

So, like ANY socialist scheme, it's destined to fail.

[FastEddy]

Originally Posted by David

Obama says end oil company tax breaks and use the money for more development of new energy sources that have never been more promising."

Energy policy and the economy are the most important issues facing the American people. This crowd says oil is yesterday's energy. They are closing coal burning power plants and mines. Do they really believe Americans are buying this nonsense?

Always remember: the oil business produces the majority of all government revenue AND the majority of all campaign contributions.

The basic reason government advocates increasing taxes and reducing tax deductions for the oil business is simply to gain even more leverage, even more power and even more campaign revenue from the oil business. Period.

[GeronL]

Originally Posted by Rifleman

I do agree, that money can be made in the market. Get wind of a new and expensive government spending plan, invest if the recipient of that money, make your money, and then get out! Dims from Algore, to Raines, the crook who ran Phony Mae, and probably Obama's other rich friends are heavily invested into Cap & Trade, were it ever to happen. This would be like the Obama cronies being able to take money out of the pocket of every American Taxpayer, as well as the poor.

Just remember that the results do not matter. These people would be satisfied to make the US into Cuba or North Korea. Third world backwaters ruled by tyrannies. This is what they desire.

[Rifleman]

Originally Posted by GeronL

Just remember that the results do not matter. These people would be satisfied to make the US into Cuba or North Korea. Third world backwaters ruled by tyrannies. This is what they desire.

That was my point. Investors like Soros or Buffet, will invest heavily into an "industry that is about to receive "public money". You can't believe they would do so, without some sort of prenotification or tip off. So how did Soros know to invest heavily in "Petrobas", the Brazilian Oil company that eventually recieved large low interest loans for the US government in order to depp water drill off their coast? After the loan, no dioubt, the stock price will peak, Soros will sell his shares at what he believes to be the peak price, and banks the profits for the next government boondoggle. The taxpayers finace the projects while these guys cash in.

[GeronL]

Desert XPress, a front company for whomever, is getting $5 billion "loan" from the fedgov. Their website doesn't give a hint about who owns it, the only email address is for a PR person and they simply refer queries to the website.

It's simply another boondoggle.

[FastEddy]

Desert Xpress is a front company for a consortium of investors, public and private. Den of Theives? Not really, just a bunch of good ol' boys takin' advantage ...

Hard core Mormons call this "goring the beast" = killing the beast by a thousand cuts.

[David]

Late Wednesday night, BrightSource Energy, a start-up formed to build solar thermal power plants, was forced to make a humbling admission: Despite a year of hopes and efforts, it could not find the market it wanted for its stock. The company canceled its initial public offering of shares just hours before trading was to begin. DIANE CARDWELL in the New York Times$

[David]

Wind Industry Has Lost 10,000 Jobs Under Obama

Read more: http://nation.foxnews.com/wind-energ...#ixzz1sKg4XpML

[GeronL]

Romney believes in manmade global warming.

[FastEddy]

Caption: "A [Massachusetts] state Environmental Police truck stands by the entrance to Great Brook Farm State Park in Carlisle Tuesday. Officers closed the ice-cream stand there Friday over alleged construction-permit violations." SUN / BOB WHITAKER

There is a green job that's not a fantasy ... just gotta wear a green shirt and carry a gun. No kidding, these clowns are armed!

[BoomerSue]

This should make your blood boil...GAS MILEAGE...
VW Passat 78.5 MPG in the Uk

http://video.staged.com/localshops/v..._mpg_in_the_uk

Hope this link comes up for all of you.

[jtdc]

Originally Posted by BoomerSue

This should make your blood boil...GAS MILEAGE...
VW Passat 78.5 MPG in the Uk

http://video.staged.com/localshops/v..._mpg_in_the_uk

Hope this link comes up for all of you.

Interesting, not surprising. Diesels are generally a winner in fuel mileage. And several cars/engines have not been approved over the years because pollution is measured in parts-per-million instead of parts-per-mile. And tax, no matter what it is for, is the excuse politicians use to justify high prices. The price of groceries going up? More tax money collected without politicians having to get scorn by raising tax "rates". Look at those adjusting for inflation to justify high fuel prices. Inflation means your money doesn't buy as much.

Of course NG and electric powered cars create this same road-tax problem. And the car over there that gets 78 mph is running on fuel that hasn't been blended to meet EPA formulations. So the same engine would most likely not get that kind of mileage on U.S. fuel. There are so many factors, and government likes that because they can hide taxes and blame oil companies and manufacturers when it is their own rules that hamper efficiency.

[David]

The Green Energy Bubble Is Bursting Fast Everywhere

So the tech bubble burst a decade ago, and the housing bubble five years ago. The higher education bubble is swelling to the bursting point, but it is the green energy bubble that is bursting loudest at the moment, and as usual environmentalists are slow to see that they’re about to get run over by a revival of the hydrocarbon economy. Those old dinosaurs may have been big lumbering animals, but the nimble fossil fuels they threw off are crushing the so-called green “fuels of the future” beloved of fruit-juice drinkers and vegans everywhere.

SOURCE

[David]

It was interesting while it lasted. But it looks like the “green revolution” has entered the long slide into “What was all that about?”

SOURCE

[FastEddy]

Originally Posted by David

It was interesting while it lasted. But it looks like the “green revolution” has entered the long slide into “What was all that about?” ... SOURCE

As usual, whenever the social "just us" crowds jump on moving targets: "Eat the Rich", "Kill Whitey" ... "Its Global Warming and we're all gonna die."

So much good could have come of these wasted efforts.

We could have had cleaner, "greener" government enterprise = California government is the dirtiest enterprise in this state. Consider the MTBE fiasco, which finally was stopped by public outrage, but the mess is still here in the water table and Taxifornia is still paying off ARCO for the patents.

[David]

What Are Green Jobs?

Creating “green jobs” is the centerpiece of Barack Obama’s failed economic program. But did you ever wonder, what exactly is a green job? If you work at a dump, is that a green job? If you drive a bus? If you work as a lobbyist for oil companies? It turns out that the definition is surprisingly expansive, as we learn when Congressman Darrell Issa questions the Obama administration’s top Department of Labor statistician:

SOURCE

[Rifleman]

Originally Posted by David

What Are Green Jobs?

Creating “green jobs” is the centerpiece of Barack Obama’s failed economic program. But did you ever wonder, what exactly is a green job? If you work at a dump, is that a green job? If you drive a bus? If you work as a lobbyist for oil companies? It turns out that the definition is surprisingly expansive, as we learn when Congressman Darrell Issa questions the Obama administration’s top Department of Labor statistician:

SOURCE

I believe this was discussed earlier, and it was outrageous even then. Seems it's the only definition that exceeds the defintion of: "job saved or created by Obama's stimulus" Both of which are how Obama claims 4.5 million jobs saved or created, ingnoring a gross loss of 6 million jobs.

[Bemused]

Heard this one on A&G this morning. Ready for a good laugh?

[Bemused]

Originally Posted by GeronL

Wind and Solar are not economically sustainable. See that last link I posted. It is very sobering. Germany has half the solar panels on Earth and they will never break even.

Yeah but they will make up for it in volume....