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#298562 - 02/04/17 03:26 PM Re: A resilient economy [Re: NW Ponderer]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 8494
Loc: New Mexico (not old Mexico)
Originally Posted By: NW Ponderer
A primary roadblock to energy conversion is investment. ... Financiers want to make money NOW, not over decades.

And the longer it is delayed, the less likely a survivable transition will occur.

_________________________
"You can't fix a problem until you know what the problem is." Logtroll

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#298567 - 02/05/17 03:05 AM Re: A resilient economy [Re: logtroll]
pondering_it_all Offline
old hand

Registered: 02/27/06
Posts: 6600
Loc: North San Diego County
Quote:
Financiers want to make money NOW, not over decades.


WalMart is putting up huge PV arrays in their parking lots because the payback period is so short. Just a couple of years. They don't do anything unless it makes financial sense.

Everybody and their dog is offering people lease deals for PV installations that cost no more per month than their current electric bill, with zero front or back end payments.

Both of these are strong evidence we have crossed a threshold and PV power is cheaper than gas or oil-based electricity.

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#298568 - 02/05/17 03:52 AM Re: A resilient economy [Re: logtroll]
Jeffery J. Haas Offline


Pooh-Bah

Registered: 08/03/04
Posts: 12448
Loc: Whittier, California
Originally Posted By: logtroll
Originally Posted By: NW Ponderer
A primary roadblock to energy conversion is investment. ... Financiers want to make money NOW, not over decades.

And the longer it is delayed, the less likely a survivable transition will occur.



President Trump is the perfect Easter Island statue, isn't he?
_________________________
The men the American public admire most extravagantly are the most daring liars; the men they detest most violently are those who try to tell them the truth. - H. L. Mencken

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#298577 - 02/05/17 11:44 PM Re: A resilient economy [Re: logtroll]
matthew Offline
stranger

Registered: 03/24/16
Posts: 231
'
The more renewable energy, the less need for the US petro-dollar, and consequently the less the USA will be able to hold the rest of the world hostage to support the vast American deficits.

It is not only the oil interests who are terrified of the environmental revolution --- so is the hypertrophied Military-Industrial Conspiracy! They will no longer have the money and resources to go charging all over the world destroying countries and murdering innocent people.

It reminds me of the end of the Athenian Empire, when their so-called "allies" finally had enough of being exploited and walked away from the Empire --- even allying with the Spartans (Russians?) in order to shake off their Athenian masters.
.
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