Posted on 03/23/2015 7:02:23 AM PDT by ckilmer
Don’t worry you can still get all of your cheap Chinese made crap at Wally World.
But they have not done so to reduce CO2...
No. They don’t care about CO2. But they do care about the air pollution they’re choking on.
You’re ignoring the politics that led to us ‘giving’ them the tech. But ‘ok’...
Well the USA has been anti nuclear for awhile. So the feds are very very cautious —especially after Fukishima. Too cautious imho. The bad press has been unwarranted.
A trillion $$ in printed money and they couldn’t even table replacing the oldest GE MKI & MKII reactors...long before Fukushima...or after when it made the most sense...
...’infrastructure’ & green cronyism being so much more important.
/s
Cautious my a$$: Feds could care less. Those reactors are the next great ‘crisis’ to further undermine the Constitution.
“But they have not done so to reduce CO2...”
I believe that China is installing a lot of solar panels largely to provide a market for its factories, so they can achieve some economies of scale. It is industrial planning on their part - an effort to use government subsidies to gain an advantage over competing manufacturers in other countries. They want to dominate the solar panel market.
In my opinion, the big flaw with their approach, is that they are subsidizing the production of a technology that is not yet worth the cost. Current solar panels need to be subsidized to compete with grid electricity - which is to say that it is not competitive. They are wasting part of the value of every dollar that they spend on a less efficient option - malinvestment.
If better nuclear, or fracking or something reduces grid electricity cost in 10 years, that will further weaken the return on investment for older generation solar panels, which usually plan on a 20 year return.
When solar technology matures to something truly cost competitive, it may well be a totally different production process, and the manufacturing capacity that they subsidized could be obsolete.
Agreed.
U.S. is helping others.
Fortune has learned that DOE plans to sign a 10-year collaboration agreement with China to help that country build at least one molten-salt machine within the next decade. And in a smaller development, Oak Ridge publicly announced in January that it will advise Terrestrial Energy, a privately held Canadian start-up, on development of a molten-salt reactor that draws on Weinberg designs and on the reactor scheme that briefly hatched at Oak Ridge after Weinberg left....
So, is Hunter Biden connected to Terrestrial Energy?
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