Hi Grady,
Thanks to Jake. Well said.
One can't stress his points enough. My point would be: what enables a high standard of living? Efficiency. So when you subsidize various energy producing schemes, you may create huge inefficiencies, and that kills everyone's standard of living. There is plenty of capital to be invested on worthy ideas. 60 minutes told the Bloom Box story a week ago Sunday and how they got 400 million from investors. The electric car company in China, BYD, has Warren Buffet and one of my friends investing. But coal is still a quite efficient way to produce electricity as mentioned here...
http://vmsstreamer1.fnal.gov/VMS_Site_03/Lectures/Colloquium/100210Lindzen/f.htmThe power density for solar and wind is so poor I don't see them ever contributing much. If you're not thinking nuclear, then you better think fossil fuel. Those are only choices where the standard of living isn't diminished.
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>BS or not, I'd still like to see us and reduce the use of coal and move toward the use of more solar power/wind and batteries for power and transportation.
Charlie