$467 Million for Solar and Geothermal

Posted on May 28, 2009 by mastadonzq

obama-green

Congratulations to the president for making a good decision, he has done some things well and other poorly but this is a good step.

For one, these are the two alternative energy sources that have by far the most potential.  Ignoring investment into bio-fuels and wind is very smart.

Also the bulk of the money goes towards research and development, which is important because this will allow us to perfect the technologies before putting them into widespread use.

$350 million for geothermal shows great foresight as, in my opinion anyway, this is truly a source of unlimited dependable energy.

Many will probably aygrue that this money would be better spent on some other part of the economy and as someone who has been laid off due to this recession I can understand the point.  However, this constitutes a very small chunk of the overall stimulus package and if you don’t think long term, you’re doomed to live in the past.

Plus I plan on having kids and I know they will benifit from this even if I don’t see the results anytime soon.

Filed under: Business, Energy, Geothermal, Solar Power | Tagged: , , , , , | 1 Comment »

Bio-Fuels are bad part 3: Ethanol

Posted on May 22, 2009 by mastadonzq

ethanol is bad

In addition to causing more green house emissions in the process of creating ethanol from corn and not getting better gas mileage, apparently ethanol causes expensive damage to engines, the fuel pump in particular.  Which makes perfect sense considering that alcohol can be corrosive to plastic and rubber.

So when you see a picture of corn on the side of the gas pump, it’s a bad sign.

Detailed Article

Filed under: Bio-Fuels, Business, Energy | Tagged: , , , , , | 5 Comments »

The future of Exxon-Mobil

Posted on May 13, 2009 by mastadonzq

What will the giant oil companies of the world do when production declines and what will they do when the black gold runs out entirely?

If the Arctic continues it’s recessive trend, the Exxon-Mobils will have a brief stay of execution with new-found reserves in the former great white north, but then what?

They may use their drilling expertise to mine gas hydrates at the bottom of the ocean. I have mentioned that this is really a bad idea.

Exxon Mobil is the largest company in the world and something should be done with their equipment and employees, most of the companies are American owned anyway so we have a personal stake in the future of the oil companies…imagine having to bail them out!

So the solution is Geothermal.

I don’t know if I’ve commented on this before but I believe that Geothermal is the best renewable energy resource we have.

-It’s unlimited

-It’s constant

-Requires small overhead to convert heat energy to electric

—We have perfected the technology of drilling!

Ok maybe it’s not perfect but if there is any technology we have improved to the utmost, it’s oil drilling.  Bottom line; drilling a big hole is how we harness geothermal energy.

So there’s your future big oil, you make a profit no matter what the price per barrel but someday those barrels will be empty.

Geothermal_System_400

Filed under: Business, Energy, Geothermal | Tagged: , , , , | 4 Comments »

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