The Motley Fool Discussion Boards
Retirement Discussions / Retired Fools
|Subject: Re: Obama's war on consumers||Date: 9/12/2013 3:16 PM|
|Author: SeattlePioneer||Number: 18621 of 19598|
<<- 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.
Environmentalists are using cheap natural gas as a hammer to get coal plants closed. When they succeed at doing that, they will then go on to the next stage of their plan which will be to shut down natural gas generating plants in order to force people to use their preferred "renewable" power.
In the Pacific Northwest, environmentalists were somewhat disadvantaged since most electric power was generated by renewable hydropower. How to get people to buy their VERY EXPENSIVE windmill power when they already had VERY CHEAP hydropower?
That was easy. They got initiatives passed which required reliaance on renewable power and the defined hydropower as not being renewable power.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|