Comments on: The Worst of Times . . . The Best of Times http://www.ritholtz.com/blog/2008/11/the-worst-of-times-the-best-of-times/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 14:04:19 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Mark E Hoffer http://www.ritholtz.com/blog/2008/11/the-worst-of-times-the-best-of-times/comment-page-1/#comment-124922 Mark E Hoffer Fri, 07 Nov 2008 15:36:34 +0000 http://www.ritholtz.com/blog/?p=8365#comment-124922 schmitt, that's a nice read on this: "Sixty-seven percent of electrical energy, for example, is lost because of inefficient power generation and grid management" taken verbatim, he isn't talking about massively distributed micro-generation facilities, he's talking a hard-core "technocracy" overlay on an, inherently, inefficient system/schema.. "The more things change..." "Meet the New Boss..." Sadly, there are Real Answers, using, currently, available Technology, that would Radically improve our resource-use efficiency, but, that "Change" needs to come, as always, from the bottom, up. We can "Hope" that it'll come from the top, down, though, we already know how that works out.. schmitt,

that’s a nice read on this: “Sixty-seven percent of electrical energy, for example, is lost because of inefficient power generation and grid management”

taken verbatim, he isn’t talking about massively distributed micro-generation facilities, he’s talking a hard-core “technocracy” overlay on an, inherently, inefficient system/schema..

“The more things change…” “Meet the New Boss…”

Sadly, there are Real Answers, using, currently, available Technology, that would Radically improve our resource-use efficiency, but, that “Change” needs to come, as always, from the bottom, up. We can “Hope” that it’ll come from the top, down, though, we already know how that works out..

]]> By: schmitt http://www.ritholtz.com/blog/2008/11/the-worst-of-times-the-best-of-times/comment-page-1/#comment-124896 schmitt Fri, 07 Nov 2008 14:14:22 +0000 http://www.ritholtz.com/blog/?p=8365#comment-124896 Unless IBM can change the laws of physics most of that lost electrical power is gone forever. It is resistive loss in the power lines, turned into heat. Ohms Law. Room temp superconductors would solve this problem, though the cables would need to be replaced. A small 1km superconducting line is now in service in Manhattan. Unless IBM can change the laws of physics most of that lost electrical power is gone forever. It is resistive loss in the power lines, turned into heat. Ohms Law.

Room temp superconductors would solve this problem, though the cables would need to be replaced. A small 1km superconducting line is now in service in Manhattan.

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