The Motley Fool Discussion Boards
Retirement Discussions / Retired Fools
|Subject: Re: Obama's war on consumers||Date: 9/12/2013 1:43 PM|
|Author: Gingko100||Number: 18619 of 19380|
Ahhh...political talking points....always fun to wade through.
Far be it from I to stand in the way of a good rant, but here are some additional points:
- Natural gas is far more efficient at producing energy than coal - both to build plants and equipment and also to run. It's by nature a cheaper fuel, so even with any increase, it is still well cheaper than coal.
- NG planst are far cheaper to build than coal plants - so capital costs are less (which get amortized over life and passed on to consumer).
- NG is still at only 50% of net generation as opposed to coal, so costs will go down as market shifts to NG from coal over time - as it will as it is cheaper and cleaner and also abundantly supplied by the US.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|