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Renewable Energy – Solar and Wind-Power: capital costs and effectiveness compared


Brad S.:

What matters the economics of a thing, when the faith of true believers is at stake?

Originally posted on Watts Up With That?:

A comparison of both the Capital Cost and Energy Producing Effectiveness of the Renewable Energy investments of the USA, Germany and the UK.

Guest essay by Ed Hoskins

The summary diagram below collates the cost and capacity factors of Renewable Energy power sources compared to the cost and output capacity of conventional Gas Fired Electricity generation.

US D UK comp

The associated base data is shown below:

Screen Shot 2014-11-03 at 16.16.32

In summary, these figures show that these three Western nations have spent of the order of at least  ~$0.5trillion in capital costs alone, (conservatively estimated, only accounting for the primary capital costs ), to create Renewable Energy electrical generating capacity.

Nominally, this total nameplate generating capacity at ~153GW should amount to about ~26% of their total electricity generation, were it fully effective.  However, because of there is an inevitable ~20% capacity factor applicable across the board for all renewables, the actual cumulative energy output by from these Renewable sources…

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“There Was No Negligence”: Ten Indian Women Die and Dozens Are Hospitalized After Mass Sterilization


Brad S.:

The key words in the article are “state run”. When you separate the consumer of a service (especially medical) from the payer for said service (government, insurance companies) loyalty and accountability invariably follows the money. Once money is abstracted from taxpayers, all loyalty and accountability is to the treasury, and the treasury couldn’t care less.

Originally posted on JONATHAN TURLEY:

India flagIndian officials are investigating a shocking case where 10 women have died and dozens of others hospitalized after participating in a state-run mass sterilization. The over 80 women underwent sterilizations by a single doctor in a single day in the central state of Chhattisgarh on Saturday. The most remarkable statement came below from the chief medial officer who promised an investigation.

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"Propter nomen" — Because of the name


Brad S.:

Have critical thinking skills been compromised simply by naming the problem “Global Warming”, or “Global Climate Change”?

Originally posted on Watts Up With That?:

Guest Essay by Kip Hansen

nomen

In the current round of discussion over at Climate Dialogue, which is about the effects of the Sun on Earth’s climate, one of the participants, Dr. Mike Lockwood, in his essay “The sun plays only a very minor role”, lists the following item as one of seven fundamental considerations which are often overlooked in discussions of climate issues:

“7. Logic based on the name given to a phenomenon, interval or feature is bad science, because the name is often inadequate and misleading.”

– Mike Lockwood

Dr. Lockwood later gives a specific instance saying “The ‘Little Ice Age’ — I dislike this name as it has been used to build arguments that rely on the name which, as mentioned in point 7, is inherently bad science.”

His point 7 struck me as much more widely true and as a logical fallacy or error…

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Monday Mirthiness – Josh on the IPCC ransom note


Brad S.:

Read the comments. There’s some funny stuff in there!

Originally posted on Watts Up With That?:

Lampoon-dog-coverThe latest IPCC synthesis report is out, and the demands made in it remind me and many other people of the very famous National Lampoon cover of the 1970′s, seen at left or above depending on how your browser views WUWT.

From Wikipedia: Cheeseface was the name of the dog who featured on the famous Death Issue of the National Lampoon magazine, released January 1973. The cover, photographed by Ronald G. Harris, showed a dog with a gun pointed to his head, and the caption “If You Don’t Buy This Magazine, We’ll Kill This Dog”. The cover was voted #7 in the Top 40 Magazine Covers of the Last 40 Years by the American Society of Magazine Editors.

Josh decided to have a go and sends this cartoon of the IPCC ransom note:

IPCC_ransom_note

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For Pot, Inc., the Rush Begins – and so does the Crony Capitalism


Basic economics dictates how the market can be controlled by politicians and big business to benefit the few at the expense of the many, and that’s exactly what’s happening as New York begins the process of legalizing medical marijuana. Who are the few that will reap the biggest rewards?

In order to implement market controls (note: this is NOT free market capitalism), you must restrict access. From the New York Times story (emphasis mine):

The State Health Department, she said (State Senator Diane J. Savino who was a sponsor of the bill passed last summer), had not yet written guidelines for the medical marijuana program, and the licenses available for companies keen to participate would be few and costly.

That way, only the most well-connected and wealthy can participate.

You tax it heavily:

We can probably take in a couple hundred million dollars a year, minimally,” she said, referring to potential tax revenue.

Um… who do you think is paying those taxes? Consumers who have medical needs. How considerate!

You restrict supply to artificially inflate prices:

When Gov. Andrew M. Cuomo signed the Compassionate Care Act in July, it gave the Health Department 18 months to come up with regulations and choose up to five companies to grow and dispense medical marijuana.

Application costs alone could run to several hundred thousand dollars; start-up costs could top $20 million.

Oh, and did I mention price fixing?:

New York’s health commissioner will set the price of the drug, probably based on the street value.

Which of course means that the street value will adjust dynamically to keep as many black-market customers as possible, and the centrally planned and controlled pricing will never catch up due to bureaucratic lag. This means the black-market will continue to thrive whilst the “legal” market will be strangled and uncompetitive. Capitalism is responsive to market drivers, such as demand vs. price. Socialism (central control by so-called authorities) abstracts the supply from the consumption, which means critical market indicators are disconnected.

And the cronies are all lined up:

Now, for the state’s would-be growers, private equity investors, labor unions, lawyers, lobbyists, consultants, branding firms, suits, stoners and hucksters, the rush is on.

This is the moment when old-guard legalizers meet a new breed of capitalist.

Yep! That new breed? Crony-capitalists!

  • Patrick McCarthy, a lobbyist & once an aide to Gov. George E. Pataki and executive director of the New York Republican State Committee
  • Dean Petkanas, was chief financial officer at Stratton Oakmont
  • Derek Peterson, a former senior vice president at Morgan Stanley Smith Barney (who hired Senator Harry Reid’s son Rory as a lobbyist)
  • The Governor of NY

    Richard N. Gottfried, a Democratic state assemblyman cited an unwritten formula of government regulation:

    “When you make a statute very restrictive — and the governor did that in the last hours — you raise the stakes and create a need for more lawyers and consultants

  •  Cannabis industry cash has begun to flow into New York. Ms. Savino said her campaign donations from out-of-state growers were “around $10,000 or $15,000 — not much.” (But it’s the thought that counts, right?)
  • Unions have also claimed a share. In New York, all licensees will be union shops, a result of two years of lobbying by the United Food and Commercial Workers International Union

And one last big crony-capitalist play – use government regulations to control unwanted competition:

…at the Cannabis and Hemp Association meeting, the aspiring moguls had a regulatory request for Ms. Savino. They wanted more regulation, not less (talking about over-the-counter remedies being sold as non-psychoactive hemp oil or CBD oil)  … Such products are largely unregulated and sell for as much as hundreds of dollars for a small amount. Could the state crack down on them?

Most telling quote in the whole article:

Ms. Savino pulled a bottle of something called Green Cures CBD Oil from her purse, eying it skeptically. “People believe what they want to believe,” she said. “It’s hard to protect people from what they think will help.”

And people thinking that this crony-capitalist “legalization” will help anyone in New York will find that in the long-run it helps no one except those who exploit the voters, tax payers, and consumers, such as politicians, lobbyists, bankers, and union bosses.

 

 

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Nothing but a lie


The co-founder of the Weather Channel declares the obvious: there is no anthropogenic global climate change:John Coleman, who co-founded the Weather Channel, shocked academics by insisting the theory of man-made climate change was no longer scientifically credible. Instead, what ‘little evidence’ there is for rising global temperatures points to a ‘natural phenomenon’ within a developing…

http://feedproxy.google.com/~r/feedburner/voxpopoli/~3/GIved46rOvs/nothing-but-lie.html

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Thank You For Voting [Democratic]: Illinois Voting Machine Changes Republican Votes Into Democratic Votes


Originally posted on JONATHAN TURLEY:

votingtouchscreenAs a Chicago native, I am often faced with references to dead people voting and rigged elections. Unfortunately, having grown up under the original Daley machine, they are largely true. My parents helped found the Independent Voter movement and documented some unbelievable cases of fraud. I recall on precinct where the captain actually produced more votes than registered voters. In one percent where I was an observer, a voter discovered that her dead husband had voted before her. For that reason, the controversy with voting machines this week could not have come at a worse time or place — particularly with polls showing the Democrats approaching what could be a disaster. When Republican state representative candidate Jim Moynihan went to cast his vote Monday at the Schaumburg Public Library, he experienced a Homer Simpson moment when every time he tried to pick his name, the machine registered the vote for…

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Illegal Poppy Production in Afghanistan Reaches “All Time High” After U.S. Spends $7.6 Billion On Eradication


Brad S.:

It always amazes me how liberals believe that flagrant waste and corruption will always be resolved if just moved domestically. “Imagine blah blah blah”, and somehow it would all be better. it’s the system, not the spending. The spending is just a symptom of the corruption that is Washington DC.

Originally posted on JONATHAN TURLEY:

1024px-Afghan_poppiesWe have previously discussed how domestic programs are being cut while the government pours billions into Iraq and Afghanistan. I have previously written about the waste of billions of dollars by the government without any significant discipline for government officials. We have become accustomed to reports of unimaginable corruption and waste in Afghanistan from bags of money delivered to officials to constructing huge buildings to be immediately torn down to buying aircraft that cannot be used. The common element to the stories is the absence of any reported prosecution or even discipline for those responsible. We now have yet another example of spending huge amounts of money on failed programs because no one has the guts to cut off the money. The latest example is our $7.6 billion eradication campaign for poppy fields which has proven an utter failure. Yet, no one wants to be accused of being soft on…

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No Global Warming in 18 Years…


Originally posted on therightwingextremist:

No Global Warming in 18 Years

http://www.newsmax.comgw0

On September 21, an estimated 300,000-plus demonstrators turned out for the People’s Climate March in New York City to call for international action against climate change.

Two days later, President Obama addressed the United Nations General Assembly and called on all countries to cut carbon emissions “right now.”

And eight days after that, October 1, will mark 18 consecutive years without global warming.

gw5

There has been “no significant warming trend in surface average temperature” in those 18 years, said Patrick Michaels, director of the Cato Institute’s Center for the Study of Science.

Al Gore and other climate change alarmists will have to concede that their predictions of catastrophic global warming were off by a long shot, Michaels, who has a doctorate in ecological climatology, told CNS News.

“It has to be admitted eventually that too much warming was forecast too fast,” he…

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