Moonbat deal of the century!

Greetings all. I saw this “Idea” and I use the term loosely, on Slash dot yesterday. The slash dot poster put forth the idea that the entire United States coal industry should be bought out for $50 billion dollars, all in the name of Global Warming Climate Change.

The idea came from a story in The Guardian, a British left wing newspaper. The stupidity of the idea not to mention the comments is mind boggling to see. Here is what The Guardian has to say:

What if Bloomberg, Branson and Grantham came together to buy out the coal industry, close and clean up the mines, retrain workers and accelerate the expansion of renewable energy? Would you make a one time $50 (£31) investment to save $100-500 each year? Sound good? Add nine zeros to each of those numbers. In other words, invest $50bn once over the next decade, and generate $100-$500bn in benefits every year.

That’s the surprisingly low price to buy up and shut down all the private and public coal companies in the US, breaking the centuries-old grip of an obsolete, destructive technology that threatens our present and our future. It’s a compelling high-return opportunity available now in the US if some farsighted investors merge purpose and private equity in a new way.

I would love to know where they get the idea that you can wipe out the coal industry for the low, low price of $50 billion US Dollars. Maybe $500 billion, and I think that may be a lowball estimate. However, mathematics was never anything the Moonbats worried over. However, the idiocy only gets worse.

How would it work? The deal would phase out coal companies over 10 years, close and clean up the mines, write down the assets, retrain and re-employ some 87,000 workers, and create job opportunities and prosperity for coal-based communities. If at the same time the US accelerates expansion of renewable energy sources and transmission facilities, this could be accomplished with no interruption to electricity supplies, adding only about a penny or two to each kilowatt-hour on electricity bills.

A penny or two? Try $5-10 dollars. The so-called “Green Renewable Energy” plans that have been ongoing for the last decade or so have proven to be a complete and costly waste of time. Solar power? That only works if the sun is out, so no power generation at night or on a cloudy day. Then there is the problem of area. The sun generates about 1300 watts of power per square meter. That’s barely enough to run a hair dryer. Oh, current solar power systems are at best, about 25% efficient, so you are looking at about 300 watts of power generation during daylight hours. Currently, it takes about 20-30 years for the solar power systems to pay off their costs, and they tend to need replacement in 15 years give or take.

Wind power? HAH! Windmills only work when there is a wind blowing. They are noisy, maintenance intensive and have a tendency to chop birds into small pieces. In the United States, the only reason they continue to build these things is taxpayer subsidies. To continue with this great deal:

This one-time transaction would generate multiple benefits. It would eliminate US’s largest single source of greenhouse gases: carbon dioxide from coal plants. What’s it worth to cut out at least one quarter of US carbon emissions? To assign a dollar value, we’d need to put a price on carbon.

Ah HAH! You want to institute the already discredited Carbon Credits scheme? The same one that has just been tossed onto the ash heap of history by the Australians? Pull the other finger Moonbats, it has a bell on it.

This buyout could come at a deep discount, rescuing the beleaguered owners, shareholders, and workforce of a dead-end industry. Coal has a dark future, already foreshadowed in declining stock market prices and abandoned plans for new construction. It faces competition from natural gas and renewables. And public opposition has led to hundreds of coal plants closed or blocked by the Sierra Club and its allies.

Public opposition? There is none. What’s been killing the coal industry is Barack Obama and the EPA. They are the ones who have been destroying the industry. Coal fired power plants now in operation would love to upgrade their systems to make them both more efficient and cleaner. Guess what Moonbats? They aren’t allowed to. The upgrades are expensive, so what the plant owners would like to do is do it incrementally. Make some repairs and install a new filter system. Upgrade a boiler and install a new furnace. They can’t. If the owners want to do anything other then basic maintenance or repairs, they have to do everything at once. Essentially, they would have to build a new power plant every couple of years.

Now, thanks to the new technology that opens up previously inaccessible natural gas resources, along with major new finds, natural gas fueled power plants are less expensive then coal fired plants. This would probably be true even if the EPA was shut down and the coal industry was allowed to upgrade things on their timetable.

I looked up the two writers of this column. One, Gil Friend, runs a company called Natural Logic. My first impression is, he really needs to have a new picture taken of himself. The one he has now makes him look like a snooty holier then thou snob. Looking at the services the company provides, makes me wonder how they stay in business. As near as I can tell, and granted, I’ve only been looking for a few minutes, all they produce is hot air and pretty brochures. According to the bio page on Mr. Friend, he now works for the city of Palo Alto.

The other writer, Felix Kramer, has a much nicer picture. I’m not exactly sure what he does though. He seems to be involved with electric cars. Nothing wrong with that other then electric cars require electricity and is pretty much of a dead end technology unless we have a major breakthrough in battery and recharging technology. If Mr. Kramer really wants to get rid of fossil fueled cars and trucks, he might want to try and raise money through private sources to develop hydrogen powered cars and the infrastructure to keep them fueled.

What these two should not be doing is trying to show how cheap it would be to buy out the coal industry. It’s a load of horse hockey and doesn’t take into consideration that all those power plants that are being shut down will need to be replaced with something else. Wind power, solar power and unicorn farts just aren’t going to cut it.

They also seem to have forgotten one of the major users of coal in the world today. That’s China. (I think India is also up there but can’t say for certain) Most of the smog in California eastward is not generated in the United States, it blows in from Asia. I don’t see these two calling for China to shut down all their coal systems.

One reason why is that the Chinese will just laugh at them and ignore them. They don’t pay all that much attention to the western Moonbats and Tranzi’s, and if they give them to much trouble in China? They have these nice places where they can work very hard. I think they’re called “Labor Camps.”

We have reached a point now, thanks to people like these too, where the United States is now in the process of collapsing. The only way to stop and reverse this is to start ignoring these morons. They have absolutely no concern for anyone who isn’t a part of their clique. They also don’t care how many people their policies kill either. After all, it’s for the communist common good and if a few individuals must die, so be it. It’s time for the people and the states to start pushing back and pushing back HARD against these moonbats, before it’s to late and “Bad Things” start happening.

Thatisall

~The Angry Webmaster~

(1 votes, average: 5.00 out of 5)

Loading...