Comments by "TeeKay" (@teekay_1) on "Why Rising Capital Costs Could Kill Greentech || Peter Zeihan" video.

Venture capital wants payoffs in 3-5 years, not 20-40.
16
@nerfherder4284 That's fortunate, unless you fancy living in a tiny flat, huddled around a candle for warmth, and taking the horse to get to work.
4
Similarly, I looked into solar panels for the roof. The breakeven point for just 50% of my electricity was 25 years at which time.... the panels would no longer function effectively.
4
@watchthe1369 Cities are doomed anyway unless they can crack down on crime, and can get competent leadership that focuses on attracting businesses instead of vagrants and migrants
2
@izzytoons You're also describing green tech as well. Almost all of it is subsidized directly by the government, then you have artificial subsidies in the form of regulation to force power companies to use green tech, and then the cost of disposal is hidden (they can't be recycle). The mining for the elements to make green tech degrades the environment. Oh, and best of all, they need to be replaced every 10-20 years. TNSTAAFL.
2
You have to wonder who gets burned the most when those companies fail.
2
@Ryan-ff2db Quite the opposite. EV sales are down compared to last year, and 60% of the car buying population has indicated they have no interest in an EV. Currently they are at 1% of the fleet of cars on the road, even if they were to continue some level of growth, gas cars will still be the majority of vehicles by 2050
2
@Ryan-ff2db Ford has 120 day backlog of electric cars. Nobody wants them. What consumers want from ford is more broncos
2
Greentech cannot be recycled and wind mills and solar panels have to be replaced every 10-20 years.
2
@markrice41 You are correct, the NRC is the main reason for such costs and delays. The good news is they're looking at that. And BTW, nuclear has the lowest lifetime costs, in fact it's not even close.
1
@markrice41 It's not baffling why the left doesn't like nuclear... it means they can't force us into little tiny rentals, limiting our travel, and dictating what we can eat. To "save" the planet of course, because a crazy girl from Europe said so.
1
@izzytoons That's untrue. Solar and Wind have been subsidized from when they first became commercially viable. And the big subsidies for oil ended in the 20th century and haven't been available except to small producers for close to 40 years. The problem is we'll need oil and gas for at least another 100 years, unless we want to live roughly at the same level as 14th century peasants.
1
Four year colleges are making themselves irrelevant by raising costs higher than the rate of inflation. And I say this as someone who has multiple undergrad and graduate degrees in STEM. Colleges are now a business being subsidized by kids being sold a bill of goods that a degree, any degree, is your ticket to wealth. If colleges believed that, they'd underwrite student loans. I don't see any of them stepping up to that.
1
@71Jay17 Incorrect. The company said I had a great southern exposure, and my total house needs are 300 amps. Couldn't be done.
1
Is it? Name two. Then we can compare the death rates from 100 years ago to what they are today from those two things. We'll use science to prove it.
1
@nemesis1134 I agree with you on hybrids. However, consumers are wary of battery replacement, which is really an unknown at the moment. While useful battery life may be 10-12 years. We don't know yet because Tesla has only been selling cars in any sort of volume for about 10 years. Plus if the battery fails, even prior to them coming to the end of their life, battery replacement is quite expensive; at that point the vehicle will be scrapped. All of this is reflected in the relatively low resale price of used EV's.
1
@Ryan-ff2db Try again. Ford could stop making EV's right now, and they could sell for 4 months.
1
@Ryan-ff2db "Why do you keep saying that?" Because it's true. There's a great article on CNN (I know I know, they're terrible) on why gas powered cars will be the significant majority by 2050 even if everything goes perfectly for EVs.
1
@Ryan-ff2db You should enjoy the today's article on EV's from the WSJ, with the title: "Automakers Have Big Hopes for EVs; Buyers Aren't Cooperating". In the article it points out that virtually all automakers have a 3-4 month supply of cars, and they've had to cut prices significantly, while losing even more money, and while this past quarter has been a good one, the rate of sales increases has fallen significantly and most people who want a battery powered car have one. The remainder are now buying hybrids, and most automakers are facing up to the unpleasant truth that the boom is over now that the early adopters are done buying. But on the bright side, today's EV's are first generation tech. Once they figure out how to make a lightweight battery than can give a 500-600 mile range and can be recharged in 7-10 miles, there's no doubt people will be more interested. It's a good article. You could learn a lot from it.
1
@Ryan-ff2db lol YOu upvoted yourself. It said demand was falling now. The EV bubble is over. It's done. 4 month supplies by all automakers prove it. The only thing to do is lower prices and get rid of inventory, but the incentive to innovate and make them better just went away.
1
@Ryan-ff2db In the words of Colonel Trautman, "It's over Ryan. It's over".
1
@Alexi7666 Thank you King Canute. Everyone knows that government can change he laws of physics with thoughtful decrees.
1
Bond yields are now mirroring the stock market, making them less desirable.
1
@Alexi7666 I'm happy where I'm at Thank you. You can always tell happy people, because they let you know how happy they are.
1
@ClownCarCoup It actually is far cheaper over the life of the nuclear plant than wind and solar. The cost of generation of a MW/H of electricity is twice what the cost is for solar/wind. And the ROI for nuclear power plants is 71x compared to 4x for solar and 16x for wind. And you need to add the cost of batteries into solar and wind if you want to consider it for baseline power generation.
1