Violence/Genocide: Do not condone violence or genocide on a person or group of people. You are free to attack a person or groups ideas but you are crossing the line when calling for violence. This will be heavily enforced in threads with breaking news involving victims.

The World Going Green Would Pay For Itself in 7 Years?

Discussion in 'The War Room' started by luckyshot, Jan 10, 2020.

  1. luckyshot The ONLY iPotWR Platinum Member

    Joined:
    May 11, 2016
    Messages:
    12,806
    Likes Received:
    4,415
    Location:
    Location, Location
    It would cost $73 trillion to revamp power grids, transportation, manufacturing and other systems to run on wind, solar and hydro power, including enough storage capacity to keep the lights on overnight, Stamford Professor Mark Jacobson said in a study published Friday in the journal One Earth. But that would be offset by annual savings of almost $11 trillion, the report found.

    https://www.bloomberg.com/news/arti...SytOG1XyoPU049uKm8pqFpRBq0m46F4Lsfc0Vs3UY_utE


    I'm not knowledgeable about green tech, so this amazed me.

    Is anyone more who is knowledgeable about green tech able to comment on these numbers?

    Is our current technology really sufficient to get the world completely on renewables already? This runs counter to what I have heard from other posters on this forum.

    Is it just a matter of political will?
     
  2. Sketch (҂`_´) <,︻╦╤─ ҉ - - -USK

    Joined:
    Mar 13, 2007
    Messages:
    40,990
    Likes Received:
    9,336
    Location:
    .....
    I’m sure China and India would pave the way and be happy to join.
     
  3. Letssnuggle Purple Belt

    Joined:
    Jul 17, 2016
    Messages:
    2,123
    Likes Received:
    121
    So the theory is what - There are a bunch of capitalists (who are greedy mf’rs right) that decided to ignore making buckets of money?

    Hrmmmmm, no.
     
  4. HockeyBjj Putting on the foil

    Joined:
    Jun 26, 2012
    Messages:
    20,011
    Likes Received:
    4,999
    Yeah, that study sounds like a crock of shiite

    11 trillion saved a year? There wouldn't have to be a push for getting off coal/gas if that was the case.
     
  5. luckyshot The ONLY iPotWR Platinum Member

    Joined:
    May 11, 2016
    Messages:
    12,806
    Likes Received:
    4,415
    Location:
    Location, Location
    Thanks ignoring the question of the OP; is it really just a matter of political will?

    Well, yeah there would, because that would be trillions of dollars that coal and gas companies wouldn't be making anymore...

    Right. I understand that there are huge political hurdles:
    1. Profit motive (capitalism)
    2. Fear of international cooperation (nationalism)

    My question is, political issues aside, if it really possible given our current state of technology?
     
    Last edited: Jan 10, 2020
  6. HockeyBjj Putting on the foil

    Joined:
    Jun 26, 2012
    Messages:
    20,011
    Likes Received:
    4,999
    If coal and gas companies could save trillions a year, they'd all be switching over to solar/wind power to generate the electricity they sell
     
  7. Happy Man Banned Banned

    Joined:
    Nov 16, 2017
    Messages:
    9,421
    Likes Received:
    0
    right.

    the correct idea would be to let the coal and gas companies be the first to become huge green companies then. So it’d be in their interest.

    why not?
     
  8. Sara Enigma Zone Platinum Member

    Joined:
    Jul 19, 2010
    Messages:
    42,990
    Likes Received:
    1,614
    Location:
    The Danger Zone
    If China and India just got on board with what the rest of the world is doing now, would it take even less time for these measures to pay for themselves?
     
  9. Mendacious Banned Banned

    Joined:
    Oct 7, 2019
    Messages:
    1,610
    Likes Received:
    1
    According to the unnamed people in the article, other environmentalists are skeptical of it.

    and political will is not something you can just brush aside. Good luck selling renewable energy to OPEC.
     
  10. luckyshot The ONLY iPotWR Platinum Member

    Joined:
    May 11, 2016
    Messages:
    12,806
    Likes Received:
    4,415
    Location:
    Location, Location
    Hmm... not so sure about that. If they have a current model that is massively profitable would they abandon it for a model that could become as profitable (or moreso) a generation down the road?

    Do they have guarantees that utility prices would stay (artificially) high once their savings kick in?
     
  11. SBJJ Yellow Card Yellow Card

    Joined:
    Jan 20, 2007
    Messages:
    26,413
    Likes Received:
    3,796
    I always get a kick out of people who preach all this save the world shit. Meanwhile they can not even do their small part to help the planet like change their diet.
     
  12. 44nutman The Original Nut of Sherdog

    Joined:
    Mar 10, 2010
    Messages:
    13,920
    Likes Received:
    2,837
    Location:
    Space Mountain
    If they do it, can I still body shame a 17 year old girl, asking for my conservative friends.
     
  13. Mendacious Banned Banned

    Joined:
    Oct 7, 2019
    Messages:
    1,610
    Likes Received:
    1
    I want vegetarians to leave my war room. Now!
     
  14. HereticBD Plutonium Belt

    Joined:
    Jul 28, 2010
    Messages:
    54,058
    Likes Received:
    11,481
    Location:
    In the hearts and minds of everyone
    <LikeReally5>
     
  15. Gregolian .45 ACP Platinum Member

    Joined:
    Nov 12, 2009
    Messages:
    66,853
    Likes Received:
    4,422
    Location:
    Gun Shop
    I thought the Green Energy people were off the hydro wagon for how it kills shit behind the damn?
     
  16. Trotsky Banned Banned

    Joined:
    May 20, 2016
    Messages:
    31,081
    Likes Received:
    8,613
    I imagine it's a problem of internalization of costs and externalization of benefits. The costs are already sunk on fossil fuel energy infrastructure: it's just a clean stream of profits. To undertake switching to green energy, especially as one of the first to do so, a company would have to expend billions/trillions of dollars investing in research and infrastructure that would then likely be used by would-be competitors to enter the market more efficiently and with less overhead. So those first companies, at least absent subsidies or intellectual property ownership, would be externalizing a lot of benefit and internalizing all the cost.
     
  17. irish_thug Meme Mod Staff Member Senior Moderator

    Joined:
    Aug 11, 2007
    Messages:
    40,289
    Likes Received:
    7,858
    Location:
    In a drunken stupor


    In all seriousness I support government subsidization of green energy development.
     
  18. Seano Hands of bone

    Joined:
    Nov 12, 2005
    Messages:
    117,005
    Likes Received:
    4,451
    Location:
    the sticks
    If you want, I guess. Free speech and all.
     
  19. Zazen Black Belt

    Joined:
    Oct 13, 2006
    Messages:
    5,010
    Likes Received:
    1,297
    Can we stop bashing China about this? They're at least making the effort and are already set to outpace us on green tech. Our complacency is absolutely going to be our downfall.
     
  20. nostradumbass Steel Belt

    Joined:
    Mar 31, 2008
    Messages:
    29,563
    Likes Received:
    7,490
    That doesn't sound close to correct, but even if it was, that doesn't mean it would "pay for itself in 7 years". That extremely lowball figure for the cost would make just the interest on the outrageous debt more than the entire national budget of other large countries.
     
    Last edited: Jan 10, 2020

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.