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Samson Soturian
Financial Times
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Expanding America’s superhighways of clean energy | FT Energy Source" video.
Everyone ignoring how we increasing the energy supply far faster than demand for energy?
3
@TheZachary86 dude, there are still coal plants from the 1920's that still work fine. Understand how slow this industry moves? The end result of this building is electricity will be so dirt cheap that new overlevered companies will go belly up and newer less profitable energy ventures won't be worth maintaining.
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@TheZachary86 government intervention will simply cause tremendous waste and push the market bubble bigger than it is. If we were to begin the switch tomorrow it would take 10 years for most gas cars to go out of service. It would also take that long and hundreds of billions to build the factories and charging stations, with tremendous waste of all preceeding infrastructure. Even with government market manipulation, which there already is, it would likely tale 50 years. It is doubtful if a free market approach would ever fully replace gas since EVs underperform in almost every category. With utilities this is even more extreme, since plants last 10 times as long as cars. Also the more gas and coal plants go offline, the cheaper the fuel is for the remainder. So unless you're planning to build nuclear reactors, there's no chance in hell we're scraping hundreds of billions of dollars worth of equipment just so we can spend hundreds of billions more building replacements. Again, this stuff ain't your cellphone, there's no planned obsolescence.
2
There's a lot of fools pumping the green energy bubble. FT is on no one's payroll.
2
@TheZachary86 that'd take our entire lifetimes, dude.
1
@TheZachary86 you wish. But no, energy is a "long cycle" industry. A powerplant is a massive investment that will last indefinitely with periodic overhauls. Coal and gas plants have gone offline one by one for decades upon decades but we're deluding ourselves that new plants are like new cellphones.
1
@TheZachary86 let's have a comparison: How long you think is the minimum time it'll take to go 95% EV?
1
@notmyname9625 that's simply not supported by reality. Even if it were true, connecting grids increases transfer losses. And the continental US only has three grids that are partially connected.
1
@jonpender fish are even more expendable than chickens.
1