The problem here is the fundamental ignorance of the population. We see this in the silly calls for electric cars, which never go out of fashion with the fundamentally clueless.
When one looks at the US energy consumption from an engineering standpoint, one quickly sees that there are very few “solutions” to the issue of replacing oil in the US economy. The so-called “alternative” energy sources being touted (solar and wind) don’t provide base load power sources unless massively over-build for the demand being placed on them, or until we design huge storage capacity into the grid. Nuclear power would be an option, if not for all the goddamn environmentalist fools and tools standing in the way.
No matter which political party is peddling this schtick, there’s always the second law of thermodynamics standing in the way of their supposed agenda.
Adding some more information to the inflation/deflation debate, The CRB Raw Industrials index is just 3% from an all time record high. The index includes copper scrap, lead scrap, steel scrap, tin, zinc, burlap, cotton, print cloth, wool tops, hides, hogs, lard, steers, tallow, butter, soybean oil, corn, wheat, and sugar. The Journal of Commerce Index of 18 industrial materials is just shy of its highest level since mid May and 15% from its record high and the CRB index is at a one month high, 7% from the highest level since Oct '08 but remains 42% off its record...
June 17th, 2010 at 2:49 pm
Jon is da Man!
June 18th, 2010 at 2:19 pm
The problem here is the fundamental ignorance of the population. We see this in the silly calls for electric cars, which never go out of fashion with the fundamentally clueless.
When one looks at the US energy consumption from an engineering standpoint, one quickly sees that there are very few “solutions” to the issue of replacing oil in the US economy. The so-called “alternative” energy sources being touted (solar and wind) don’t provide base load power sources unless massively over-build for the demand being placed on them, or until we design huge storage capacity into the grid. Nuclear power would be an option, if not for all the goddamn environmentalist fools and tools standing in the way.
No matter which political party is peddling this schtick, there’s always the second law of thermodynamics standing in the way of their supposed agenda.
June 22nd, 2010 at 8:03 am
[...] need, no urgency. It was the same tired energy speech that, as Jon Stewart of TDS pointed out, every single president since Nixon has [...]