Posted on 03/03/2012 2:20:33 AM PST by blueplum
20%
It’s still a lot of money .... D
Interesting post.
I had no idea new USA coal plants were being constructed.
All I read about is old plants being shut down, and permits for new plants being denied.
But-but-but....it still produces CARBON DIOXIDE!!
Won’t that make most of southern Illinois burst into a huge sheet of flame? And won’t the flame burn all the way to the little children playing in playgrounds and back yards?
(Oh, dammit, do I STILL have to use the “sarcasm” tag?)
You’re assuming that the onerous government regulations with regard to functionality of a power plant are integral.
If you assume the cost to build the plant is $4 billion, a $1 billion dollar addition of questionable efficiency government mandated emissions paraphenalia would be a 25% increase.
25
25%increase, 20% of total cost.
“25% of the cost was for pollution controls - amazing. “
Actually more than that. The entire plant is designed around controlling pollution, due to the many old laws. This extra billion dollars was just for the new crap from the EPA.
What?!!! Didn’t nobama, the great leader, say there would be no more coal-fired plants? How they dare they! Surely, this is satire.
——Wont that make most of southern Illinois burst into a huge sheet of flame? -——
No, it will help the corn and beans grow better. The ethanol produced from the CO2 growth enhanced corn will provide more BTU’s per gallon when burned than ordinary, say Iowa, corn
Sounds a lot like the cost of your new car.
“What?!!! Didnt nobama, the great leader, say there would be no more coal-fired plants? How they dare they! Surely, this is satire.”
Don’t get your hopes too high. No doubt that this plant squeaked in before Obama.
It doesn't sound like the plant has mercury scrubbers -- rather surprising.
How in the world did Obama not get around to bankrupting this project and Peabody coal? That's another campaign promise broken.
Video of the plant on Bechtel's website at www.bechtel.com. Just look at all the construction workers building the plant! Real jobs, not bogus "green jobs."
Ding, ding, ding, we have a winner.
A Freeper that knows basic math, I love it.
Maybe I could get your help in making Rush understand the employment vs unemployment numbers and the way that changing the divisor effects the answer.
Regardless of how you state it [and when I was selling, I always knew the impact of how you said it} a billion additional dollars, to comply with EPA regs, means that all consumers will pay more for their electrical power {but not as much as if were powered by the "free" wind power}.
The DOE has amazing powers of prognostication!
Just look at their long list of successful selections!
The ROI,oh it's good to be king!
I spent five years starting up power plants like this world-wide. It is great to see American can-do is still alive when the damn government finally gets accommodated enough to step aside and let things get built.
Note construction crew cars and trucks in foreground parking lot!!
In a 25% mark up you multiply by 25 percent and add that number(in this case one million) to the original number( in this case 4 million) which gives you 5 million
In business you use what is called a true mark up. In a true 25% mark up you divide by 0.25 and add that number(in this case 1.6 million) to the original number(in this case 4 million) which gives you 5.6 million.
Which is what I said. In business you use what is called a true mark up. In a true 25% mark up you divide by 0.25 and add that number(in this case 1.6 million) to the original number(in this case 4 million) which gives you 5.6 million.
There you go, acting all 'like this is a free market business' or something. The article said nothing of true markup. It spoke of 'COSTS' and the 'cost' for the regulatory stuff was ONE MILLION. Mention of 'true markup' isn't applicable here.
It is applicable but it is not germaine to the issue.
The issue is that after the SCOTUS decision on New Source Review in 2007, and even tho Bush punted it to next prez, some generators moved forward and are in conformance. Whether that be by adding pollution control and abatement equipment on the coal plants, switching to nat gas, wind/solar.
Who do you reward/punish, those that moved forward or those that have not.
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