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Batteries have pretty much hit their peak. They can hold a decent charge for small electronic applications but are too expensive for vehicles. Solar is viable for many applications but is also limited.
We're on the wrong paths and the green movement is not the way to go. Instead of looking back, look forward to more high tech solutions. I. E. fusion. You get that and you can do away with dams, coal fired generating stations, windfarms, gas, oil, everything.
Instead of looking back, look forward to more high tech solutions. I. E. fusion. You get that and you can do away with dams, coal fired generating stations, windfarms, gas, oil, everything.
I don't know if we have to necessarily look back but need to use this funding better, anyone of these techs or combination of them will dominate in the future. The government interfering in the market place by subsidizing production is just setting things back. Take away the financial incentives for expensive techs and subsidize R&D at least. One of the better ideas I've heard is offering a substantial reward. Personally my bet is on geo thermal, if you can develope that you have a reliable and as a practical matter infinite source of energy.
GE was awarded 44 contracts totaling over $46,000,000 and 44 grants totaling more than $79,000,000 from the Obama-Pelosi $757 billion dollar stimulus package.
Millions of dollars in stimulus funds were used by GE in green energy projects.
Today GE announced that it was going to gut its offshore wind-power plans.
So how much of that $123,000,000 was in wind? Well according to this site Advanced Search
that was the princely sum of ZERO dollars.
Here's a story that mentions GE pulling out of offshore wind, yet developing a new 15MW turbine for offshore use with $3 million in grants from DoE. Rather a mixed message don't you think? Presumably that's future funding so doesn't show up at recovery.gov GE Guts Offshore Wind-Power Plans - Forbes
Perhaps the title of this thread should be changed to "GE decides to dump or not dump off-shore wind power despite collecting millions in Stimulus funds for various unrelated projects."
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