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I am not sure how they envision renewable energy (that just barely collects solar power) ever competing on the market with coal and oil that's just sitting ther
by asgard1024 12y ago
I am not sure how they envision renewable energy (that just barely collects solar power) ever competing on the market with coal and oil that's just sitting there waiting to be picked up (that accumulated solar power for thousands years).
It's like trying to write new commercial Unix-like operating system, and expect profit, when the companies can already use Linux which is already there and into which the investment has been made.
The problem is that we really need to leave that coal and oil in the ground, and not touch it (at least for a couple hundred years), and there is no way markets alone can do that. Even price regulations like carbon tax may not accomplish that goal.
- VLM 12y ago"with coal and oil that's just sitting there waiting to be picked up" I've been following and investing in energy companies for a couple decades, and that has to be the worst or funniest summary I've ever heard of their production side. I'm sure you mean well, but... if you know where I can just scoop economically viable quantities of coal and crude off the ground, give us a stock tip, will ya?
- asgard1024 12y agoWell, yeah, I was a bit hyperbolic. Linux also isn't entirely "free" - you have to spent effort configuring it and so on. But I just don't see renewables competing with oil and coal on the fair free market.