Indeed, we've seen quite a bit of this "sustainability" motif when it comes to AGW Theory (yes, it's only a theory) and the alternative energy sector. The left-leaning powers that be have been trying to hijack the energy sector for quite some time, promising us a utopian clean and green future. To date the Obama Administration has spent $90 billion on alternative energy claiming it would stop pollution and create jobs, well, we have less that 3% of our total energy production in wind and solar now, so, they haven't made a dent really. That's the truth and reality.
Not long ago, an acquaintance told me that; "The GOP is complete against the change to affordable energy from sun and wind to power all the electric cars." Well, that's not exactly true, but since many have been led to believe this by false political propaganda maybe this might be a topic that I can discuss with you here today to set the record straight. So, let's talk shall we?
You see, solar and wind energy are not really affordable. Specifically wind per kilowatt hour due to the costs of installation, fact that the wind isn't always blowing, simply does not have a decent ROI. It doesn't pan out. Clean coal is nice, that might be the way to go for our future, but natural gas makes the most sense now due to cost and low emission footprint, and we have a ton of natural gas thanks to new fracking technologies.
There is a lot of power packed in fossil fuels, let's not kid ourselves, read; "Physics for Future Presidents" by Muller from Berkeley or watch Physics 10 on YouTube.
Now then, solar in the next couple of generations of technology will be ready for prime time due to increased efficiency, it's not there yet. You see, it starts out 50% inefficient to begin with; the sun doesn't shine at night.
Running all of our transportation, with electric cars is one concept, sure fine, but what about all those old batteries, are we conveniently forgetting your environment there? More battery tech is needed too; faster charging, better storage, and longer life spans. We are getting there, still needs more cooking, and electric cars are costly.
My acquaintance tells me; "You live on a different world, created by economists, that it's Cloud Cuckoo Land."
This is a common argument yes, however, please let it be known that free market capitalism will solve all the problems of mankind. But the clean energy folks are going to have to find the solution which is equivalent or better, and well, they probably will eventually, but they haven't yet, so going to economies of scale with nonsensical technology or those which cannot compete is a dead end, haven't we already seen that? Solyndra.
Lastly, I live in the real world, not some utopian dream. Look, I'll build the utopia everyone wants for a price, but I am not doing it for free, I am an entrepreneur, and no one can expect me to help if there is no payoff. So, I'd suggest to the alternative energy, AGW religion crowd, that if you are going to throw rocks at the fossil energy sector, then why not compete in the free market, if your ideas, innovations, and strategies are that superior?
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