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To: Sequoyah101
Wow, that much?

Considering the source, surprised they didn't pump it up a bit more.

At good wind energy sites.

IIRC this a no true Scotsman fallacy.

Now about the poor energy sites and add them into the mix...

93 posted on 01/01/2021 12:09:29 PM PST by DUMBGRUNT ("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message.)
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To: DUMBGRUNT

It is the same in anything that is incentivized. I saw coal bed methane developed in some of the very poorest locations available just to get the tax credits.

I led a team for a major energy company to scour the world for resources of at least 1 TCF that might be converted to reserves profitably. My opening to the board was essentially this:

I put up one slide with only one word on it, “NO” and a lump of coal pictured.

“The short answer to the mission we were given is that there is no profitability in coal bed methane without the tax credits anywhere in the world. If you are still interested we have prepared a presentation to tell you why. If you are not interested we want to thank you for providing this opportunity to the team. We learned a lot and had a very good time doing it.”

The board wanted to see the presentation and then agreed with our analysis and thanked us for our work. Then we had tea or something.

I still have the files for thousands of sites across the globe that we evaluated.


97 posted on 01/01/2021 12:38:41 PM PST by Sequoyah101 (I have a burning hatred of anyone who would vote for a demented, pedophile, crook and a commie whore)
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