Fastest Growing Energy Job Market is Renewables

Do You live on top of a gas field Or do your local gas plants rely on a complex pipeline system?

 

Thye capture it from the non-stop exhaust from climate alarmists. Not sure if they are caged or free range, but their output is abundant and rich in its volatility.

 

Solar as supplemental is great but as primary is a massive fail

 

That was true when oil was going up in cost but America is now or soon will be a bigger producer than Saudi so that dynamic has reversed

 

Well, until we have good enough batteries.

 

It was true at the low point of oil prices a few years ago.

 

The clock is ticking. What's the latest development on battery technology ??

 

Aside from the time and location sensitive nature of solar power it also simply does not have near enough energy density to be a principle provider of power. Even at 85% efficiency which is the theoretical maxiumum its not enough to meet today's needs much less tomorrow's.

At best we can hope to get solar to cover most energy usage for residential purposes at least in the parts of the country closer to the equator but it will NEVER EVER be anywhere near enough to provide the amount of power needed to cover commercial and industrial needs........EVER.

 

Not in the form of the currently subsidized technology. And that is precisely the problem with subsidizing the wrong technology. It delays the development of truly cost competitive technologies. BIG GOV strikes a blow against the true interests of humans again.

 

Huh?

"Average crude oil prices in 2012 were at historically high levels for the second year in a row. Brent crude oil averaged $111.67 per barrel, slightly above the 2011 average of$111.26. West Texas Intermediate oil averaged $94.05 per barrel in 2012, down slightly from $94.88 in 2011."

 

October 2015, crude oil was at about $35 a barrel. That was a few years ago.

 

The clock always ticks. There are quite a few experimental battery technologies being looked at. Don't know which ones will be commercially successful yet. Regardless, eventually solar will be an important source of electricity. The question is if that's in 10 years or 20 years.

 

The present technologies will never be competitive. Unfortunately they are being subsidized and will not be subject to the law of creative destruction.

 

I have a feeling you'll be eating your words in a few years.....

 

Based on what economic analysis ?? When will subsidies be eliminated ??

 

When oil subsidies end....

 

What oil subsidies ?? The depletion allowance and the ability to expense equipment ?? Come'on man.

 

When those are gone the solar ones will go as well. The direct subsidies go away when the prices for solar are competitive with oil/gas/coal, which will be fairly soon--in the next two decades.

 

Those so called subsidies are any thing but. They are provisions in the tax code which help primarily small drilling companies. They are miniscule.

 

This is a good site that talks about oil subsidies.
http://priceofoil.org/fossil-fuel-subsidies/

First let's take a look at their definition of fossil fuel subsidy.

A fossil fuel subsidy is any government action that lowers the cost of fossil fuel energy production, raises the price received by energy producers, or lowers the price paid by energy consumers.

Sounds reasonable, doesn't it? They go on to say:

As of July 2014, Oil Change International estimates United States fossil fuel subsidies at $37.5 billion annually, including $21 billion in production and exploration subsidies. Other credible estimates of annual United States fossil fuel subsidies range from $10 billion to $52 billion annually – yet none of these include costs borne by taxpayers related to the climate, local environmental, and health impacts of the fossil fuel industry.

Details are shown. This is the reality.

 

This ^^ is propaganda driven by the AGW alarmist industry.