40 Replies to “Y2Kyoto: Overheard Inside A Spanish Bunker”
First! Kate for PM!!
Already happening in Ontario . . . well at least the first part where Dulton kills the Ontario economy by subsidizing (simple english translation -> spending other people’s money on stupid sh#t) greenie-weenie energy producers.
And coming to BC soon . . .
I’m much too happy watching the death of some of these European socialist economies. I’m cheering on the failure just to see the pushback against the Muslim invasion.
As to Ontario, what a socialist hellhole. I’m already making plans to emmigrate.
What’s the problem? They just have to hook all of their solar generators up to efficient gasoline-powered engines and run them until they return to making profits.
1) solar panel
2) gas-powered generator
3) ?
4) profit
and all for naught . . . snow is falling in France in the Vosges region of France and across northern England and Scotland.
Very, very early for snow to fall . . . MUST be either global warming or Al Gore visiting.
Any birds left over there?
Heh. They feel cheated? But, they didn’t feel badly about cheating the Spanish taxpayer via a ridiculous subsidy of 10x the real cost of tried-and-true energy sources.
No sympathy.
Let this be a lesson to all investors – if someone offers you 10x the going rate for something.
A. There’s risk
or
B. There’s fraud.
If it’s the government doing it bet on A AND B. and when it unravels, it’s not the government chumps going to jail and losing everything.
Going to be a whole bunch of Ontario taxpayers screaming this real soon I think, when the masses of @sses in Moronto -finally- figure out they’ve been FLEECED for a zillion bucks worth of useless windmills.
I still see them driving the parts past the stoplight in Cayuga most mornings. That’s some expensive looking sh1t let me tell you.
Yet, the sun itself is an enormous nuclear reactor of sorts.
How many eco-fanatics hate the idea of nuclear power?
Oh but that’s -different- Osumashi. Its natural, y’know.
Thanks Fred for that weather update. It warms my heart.
Solar and wind power have limited uses in certain situations but on the scale being touted by the so-called greenies are a massive fraud perpetrated on the tax payers.
Words to live by: “If the Socialist government says they’re going to help you, run!”
Phantom, same here in Lambton County. Add to that the fact that Sarnia now houses the world’s largest solar farm. What scares me the most is the city is proud of this “achievement”.
As for McGuinty’s “sustainable green jobs”, over 90% of the employees that constructed it were laid-off the day it officially opened.
Aaahh, Phantom, the beauty of Gaia…
Or the sun…
Whatever.
I once owned a Volkswagen Karmann-Gaia. Alas, it returned to the Earth from whence it came.
Glengarrian, I used to live near those things, in Minnesota. Pass them every time I drove to Sioux Falls. The installation goes on for a hundred miles. It is -enormous-, and since its the second windiest place in the USA, the electricity only costs double what coal fired costs. Instead of triple.
They want to send that juice all the way to Chicago? BWAHAHAHA!!!! That’s freakin’ lunacy! And 15 years to build a frickin’ power line? Come ON!
This should be obvious, but I’ll say it anyway: There will be no “green economy” until alternate energy technologies are developed that can, at least, come close to the present cost of carbon energy technologies. We’re not even close to that. Trying to develop those technologies on the grid (powering infrastructure) is simply economic suicide.
Subsidize if you must, but at present, only on an experimental, labaratory type level. If we start right away, there is a chance of developing viable replacements for carbon energy within 50 or more years, but not before. Wishing this reality were different by throwing taxpayer dollars away will NEVER change that. In fact, it could actually hinder, if not destroy developed economies’ ability to do so, by forcing them to operate with one energy hand (or maybe both) tied behind their back.
ALL non-carbon technologies that are efficient (ie-nuclear power) must be pursued now as bridge technologies while we develop truly efficient alternative to carbon based power.
I refuse to vote for ANY party that drinks this green economy now koolaid nonsense.
BTW, just looked at my hydro bill. My (retail?) basic kWh charge is roughly $.074. My average daily consumption is around 35 kWh. The present value of my consumption (using a generous 4% discount rate) in perpetuity is, assuming $75/month average hydro bill would be $900/.04 = $22,500 assuming again no surprises, cloudy days, excess financing charges or future maintenance.
Assuming a cost of $.35 per kWh (likely very optimistic) for solar power, then my financing will jump to $112,500 present value, an opportunity cost far in excess of present hydro costs. IOW, zero chance of $22,500 today covering any future solar power consumption. Multiply that across the whole economy and see the disaster the green economy presents today.
I’m no math whiz, so others feel free to check my generous assumptions of solar power costs today.
Substituting and subisidizing for power not on grid with presently experimental technologies such as solar power is a prescription for national economic disaster.
The eco-terrorists are very aware that wind and solar are unreliable and expensive and that’s the way they like it. The Cold War is over and their side lost…..
They hate hydro-electric and nuclear because they are cheaper and work…..that’s why they keep whinning about Chernobyle and 3Mile Island….just an excuse….safety wise wind power has killed a whack of folks….falls, mangled in the machinery pods etc.
“The China-Syndrome” was just a movie and as realistic and relevant a prospect as Star-Trek and Star-Wars….
just drove from Cordoba to Cacerres which is terrific rolling hills farm country….windmills and solar panels were seen quite often….the windmills not turning and the solar panels….well…there they were….
my Spanish friend was a titch defensive when i started preaching…..think i’ll send him this account from Bloomberg just to prove to him that as i stated i am always right about everything.
And the Sarnia solar farm opening just in time for Winter around the corner when cloud cover, snow and sleet, and the sun (relatively) being at the worst angle possible for its purpose is symbolic of the whole scam.
Solar power, wind generators, and other natural energy sources were excellent ideas for small scale energy needs. The idea has been around for a long time — remember all the windmills and waterwheels you used to find on rural properties a generation ago? Very practical and effective.
If you’ve got a barn or even a rural schoolhouse or farmhouse, set up a solar, wind, water, or any of the other renewable energy systems to supplement your small-scale energy needs — fantastic idea!
But as usual, hair-brained progressives took a look at something that was a good idea (which they did not invent) and the progressive gears started to revolve in their heads to appropriate it for themselves:
“Wow, renewable energy is an excellent idea! How can we turn it into a Utopian idealogy to solve pollution everywhere? Giant solar farms! Giant wind generators! And how can we turn it into class warfare to stick it to those evil capitalists? How can we use it force the whole world to follow our ideology?”
And as usual an excellent pragmatic idea with a proven history of success, gets lost in the ideological agenda of the Left. Another fat progressive “White Elephant” blocks sunlight from us all: “Climate deniers should be put in jail” (David Suzuki).
The main objective seems to be to get governments to spend themselves (ourselves) into the equivalent a debtors prison – you become so broke you have no options left but to suffer. Our leaders at all levels of government were already on this path but, apparently, the pace was not quick enough for progressives. Spend more, spend faster, spend foolishly seems to be their mantra.
These unreliable and expensive experimental electricity systems will fail and/or become unaffordable very quickly. I guess people, like British pensioners did last winter, can always resort to burning books. I suggest starting with the IPCC reports and An Inconvenient Truth.
I just re-read my last comment and realized I made a huge, unexplained leap of logic electricity -> shivering in the dark.
The problem with governments is that they are trend followers. They will lurch from a bad idea, like meddling in the electricity market, to an even worse panic reaction in a attempt to fix the disaster the meddling causes. In the case of electricity, the panic reaction will be a massive move en masse to NG electricity generation. NG is clean burning and quick to build. Unfortunately, it is also used by the majority of Canadians for home heating. As demand for NG soars, so will the price.
Solar power works- it makes the plants grow. Wind works- it dries the clothes on the line.
Could they be used for industrial purposes? It doesn’t seem likely.
If anything, people should be prodding on to find responsible uses for the energy sources we have or find new ones. Why aren’t the eco-fanatics doing that?
Never mind…
And how many jobs were eliminated because investment dollars were taxed away from genuinely profitable enterprises in order to pay for this boondoggle?
All this yabbering in the chattering classes while in the real world . . . .
“U.S. Secretary of State Hillary Clinton has sent the first signals to Alberta’s oil sands producers that the Obama administration is set to green-light a pipeline delivering more of its crude, saying that Canada’s “dirty oil” is a better alternative for the United States than the Persian Gulf’s.
Ezra must be so proud, America is rejecting the Blood Oil from the middle east, Nigeria, Venezuela . . . just like he recommended.
So one pipeline down, how many more to go. http://tinyurl.com/24a5b8h
Substitute Spain for Ontario and you can honestly say that you can predict the future.
Reality check part deux . . . because greenie power makes sooooooooooooooooo much sense. 🙂
“Wind turbine farms need ten times more steel and concrete than a nuclear, coal or gas power plant for the same amount of electricity. You also need thousands of tons of raw materials for the backup generators and the thousands of miles of new transmission lines to get the electricity to cities hundreds of miles from the wind farms. All these materials have to be dug out of the ground someplace.
All that mining and manufacturing is powered by fossil fuels, which requires more mining and drilling. The backup power plants have to be running constantly – and then roar to full strength every time the wind dies down. That’s like having to stop your car repeatedly for red lights along miles of highway: idling and then gunning it to 55 mph over and over. That uses huge amounts of fuel and emits enormous amounts of carbon dioxide and pollutants. In the end, we barely reduce America’s CO2 emissions – and may actually increase them.
Billions of dollars in taxpayer subsidies, hurts families, sends business costs skyrocketing, and means people lose their jobs
Finally, even with billions of dollars in taxpayer subsidies, wind-based electricity is far more expensive than power generated by coal, natural gas or nuclear plants. That hurts families, sends business costs skyrocketing, and means people lose their jobs.” http://canadafreepress.com/index.php/article/28967
Never ever enter into business with the government.
They are known to change or cancel agreements on a whim.
They are known to use extortion to get your money. Police intimidation too … if you happen to be white that is. Funny … it used to be the other way around.
In fact, don’t even let your government govern you. They don’t know how to do it and will only confuse and anger you. They do not operate on logic and concern for what is needed and what is right, but rather there is always an agenda to serve themselves, their family and friends.
I know they can and have made many hand-picked citizens fabulously wealthy, but there is no guarantee and there is a good possibility they will ruin your life whilst you believe you have won the lottery.
Governments cannot be trusted with anything. I don’t know how people can continue to find one politician after another that they ‘believe’ in.
Suckers R us .. but it doesn’t have to be that way.
Forget your sense morality as they (governments) have forgotten theirs and find ways to prosper and be happy in spite of them.
Do you get my drift here booby?
One more thing … don’t ever take a government job. I know many who have government jobs (who doesn’t?) and they are all damaged mentally and emotionally. Some of them don’t even know it.
The current batch actually believe they are going to get their full pensions someday.
Phantom @ 4:03
I got the feeling that history isn’t going to remember this greening period in time kindly.
And I believe you sir have the best advice of all:Plant a big garden.
It shows free market works better than
anything state-funded.
Yes I mean Capitalism.
Capitalism is not perfect – I know that – but between two evils it is clearly the best choice.
I think, I think…I am going to cry…Envirotards smellin the coffee 🙂
no prob abe you swine
next lifetime i’m going into the priesthood(residence…housekeeper…buick…..i day a week workday) or politics (the sky’s the limit dear friends)…
andycanuck at 1:51 pm: Those wily Spanish solar panel owners already had that figured out. They were producing and selling solar energy all night!Lunar panels? Coming soon to Ontaristan! http://www.freerepublic.com/focus/f-bloggers/2494075/posts
In the end it the Elites will be chipping gold out of their victims teeth.
The many ,many straw enemies they have created.
Will become in the end seen as just meat to kill.
This is what always happens in Heterodox religions.
The greenish are more ardent than even Islamics. In the longing for the perfect death for all.
JMO
the original mao once got it in his communist head he wanted China to be self sufficient in rice production.
so the red guard cadres and various apparatchiks went about the nation ripping out orchards that took decades to cultivate, and set inconceivably high production goals for themselves and diverted all manner of resources and effort all to prop up the helmsman’s wet dream of self sufficiency.
it didn’t work.
October 7_2010
The Swedish retail giant IKEA announced yesterday it will invest $4.6-million to install 3,790 solar panels on three Toronto area stores, giving IKEA the electric-power-producing capacity of 960,000 kilowatt hours (kWh) per year. According to IKEA, that’s enough electricity to power 100 homes. Amazing development. Even more amazing is the economics of this project. Under the Ontario government’s feed-in-tariff solar power scheme, IKEA will receive 71.3¢ for each kilowatt of power produced, which works out to about $6,800 a year for each of the 100 hypothetical homes. Since the average Toronto home currently pays about $1,200 for the same quantity of electricity, that implies that IKEA is being overpaid by $5,400 per home equivalent.
fullcomment.nationalpost.com/2010/10/07/fps-terence-corcoran-power-failure/#ixzz130iEpDuh
First! Kate for PM!!
Already happening in Ontario . . . well at least the first part where Dulton kills the Ontario economy by subsidizing (simple english translation -> spending other people’s money on stupid sh#t) greenie-weenie energy producers.
And coming to BC soon . . .
I’m much too happy watching the death of some of these European socialist economies. I’m cheering on the failure just to see the pushback against the Muslim invasion.
As to Ontario, what a socialist hellhole. I’m already making plans to emmigrate.
What’s the problem? They just have to hook all of their solar generators up to efficient gasoline-powered engines and run them until they return to making profits.
1) solar panel
2) gas-powered generator
3) ?
4) profit
and all for naught . . . snow is falling in France in the Vosges region of France and across northern England and Scotland.
Very, very early for snow to fall . . . MUST be either global warming or Al Gore visiting.
Any birds left over there?
Heh. They feel cheated? But, they didn’t feel badly about cheating the Spanish taxpayer via a ridiculous subsidy of 10x the real cost of tried-and-true energy sources.
No sympathy.
Let this be a lesson to all investors – if someone offers you 10x the going rate for something.
A. There’s risk
or
B. There’s fraud.
If it’s the government doing it bet on A AND B. and when it unravels, it’s not the government chumps going to jail and losing everything.
Going to be a whole bunch of Ontario taxpayers screaming this real soon I think, when the masses of @sses in Moronto -finally- figure out they’ve been FLEECED for a zillion bucks worth of useless windmills.
I still see them driving the parts past the stoplight in Cayuga most mornings. That’s some expensive looking sh1t let me tell you.
Yet, the sun itself is an enormous nuclear reactor of sorts.
How many eco-fanatics hate the idea of nuclear power?
Oh but that’s -different- Osumashi. Its natural, y’know.
Thanks Fred for that weather update. It warms my heart.
Solar and wind power have limited uses in certain situations but on the scale being touted by the so-called greenies are a massive fraud perpetrated on the tax payers.
Words to live by: “If the Socialist government says they’re going to help you, run!”
Phantom, same here in Lambton County. Add to that the fact that Sarnia now houses the world’s largest solar farm. What scares me the most is the city is proud of this “achievement”.
As for McGuinty’s “sustainable green jobs”, over 90% of the employees that constructed it were laid-off the day it officially opened.
It seems the windmill fraud is about to bite U.S. citizens on the a$$ also with this news article about a 20 billion dollar transmission line for wind energy. Energy produced on what can best be described as some of the best farm land in North America.
http://blogs.desmoinesregister.com/dmr/index.php/2010/10/18/price-tag-for-wind-transmission-20-billion-and-up/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+GreenFields+%28Green+Fields+Blog%29
Aaahh, Phantom, the beauty of Gaia…
Or the sun…
Whatever.
I once owned a Volkswagen Karmann-Gaia. Alas, it returned to the Earth from whence it came.
Glengarrian, I used to live near those things, in Minnesota. Pass them every time I drove to Sioux Falls. The installation goes on for a hundred miles. It is -enormous-, and since its the second windiest place in the USA, the electricity only costs double what coal fired costs. Instead of triple.
They want to send that juice all the way to Chicago? BWAHAHAHA!!!! That’s freakin’ lunacy! And 15 years to build a frickin’ power line? Come ON!
This should be obvious, but I’ll say it anyway: There will be no “green economy” until alternate energy technologies are developed that can, at least, come close to the present cost of carbon energy technologies. We’re not even close to that. Trying to develop those technologies on the grid (powering infrastructure) is simply economic suicide.
Subsidize if you must, but at present, only on an experimental, labaratory type level. If we start right away, there is a chance of developing viable replacements for carbon energy within 50 or more years, but not before. Wishing this reality were different by throwing taxpayer dollars away will NEVER change that. In fact, it could actually hinder, if not destroy developed economies’ ability to do so, by forcing them to operate with one energy hand (or maybe both) tied behind their back.
ALL non-carbon technologies that are efficient (ie-nuclear power) must be pursued now as bridge technologies while we develop truly efficient alternative to carbon based power.
I refuse to vote for ANY party that drinks this green economy now koolaid nonsense.
BTW, just looked at my hydro bill. My (retail?) basic kWh charge is roughly $.074. My average daily consumption is around 35 kWh. The present value of my consumption (using a generous 4% discount rate) in perpetuity is, assuming $75/month average hydro bill would be $900/.04 = $22,500 assuming again no surprises, cloudy days, excess financing charges or future maintenance.
Assuming a cost of $.35 per kWh (likely very optimistic) for solar power, then my financing will jump to $112,500 present value, an opportunity cost far in excess of present hydro costs. IOW, zero chance of $22,500 today covering any future solar power consumption. Multiply that across the whole economy and see the disaster the green economy presents today.
I’m no math whiz, so others feel free to check my generous assumptions of solar power costs today.
Substituting and subisidizing for power not on grid with presently experimental technologies such as solar power is a prescription for national economic disaster.
The eco-terrorists are very aware that wind and solar are unreliable and expensive and that’s the way they like it. The Cold War is over and their side lost…..
They hate hydro-electric and nuclear because they are cheaper and work…..that’s why they keep whinning about Chernobyle and 3Mile Island….just an excuse….safety wise wind power has killed a whack of folks….falls, mangled in the machinery pods etc.
“The China-Syndrome” was just a movie and as realistic and relevant a prospect as Star-Trek and Star-Wars….
just drove from Cordoba to Cacerres which is terrific rolling hills farm country….windmills and solar panels were seen quite often….the windmills not turning and the solar panels….well…there they were….
my Spanish friend was a titch defensive when i started preaching…..think i’ll send him this account from Bloomberg just to prove to him that as i stated i am always right about everything.
And the Sarnia solar farm opening just in time for Winter around the corner when cloud cover, snow and sleet, and the sun (relatively) being at the worst angle possible for its purpose is symbolic of the whole scam.
Solar power, wind generators, and other natural energy sources were excellent ideas for small scale energy needs. The idea has been around for a long time — remember all the windmills and waterwheels you used to find on rural properties a generation ago? Very practical and effective.
If you’ve got a barn or even a rural schoolhouse or farmhouse, set up a solar, wind, water, or any of the other renewable energy systems to supplement your small-scale energy needs — fantastic idea!
But as usual, hair-brained progressives took a look at something that was a good idea (which they did not invent) and the progressive gears started to revolve in their heads to appropriate it for themselves:
“Wow, renewable energy is an excellent idea! How can we turn it into a Utopian idealogy to solve pollution everywhere? Giant solar farms! Giant wind generators! And how can we turn it into class warfare to stick it to those evil capitalists? How can we use it force the whole world to follow our ideology?”
And as usual an excellent pragmatic idea with a proven history of success, gets lost in the ideological agenda of the Left. Another fat progressive “White Elephant” blocks sunlight from us all: “Climate deniers should be put in jail” (David Suzuki).
The main objective seems to be to get governments to spend themselves (ourselves) into the equivalent a debtors prison – you become so broke you have no options left but to suffer. Our leaders at all levels of government were already on this path but, apparently, the pace was not quick enough for progressives. Spend more, spend faster, spend foolishly seems to be their mantra.
These unreliable and expensive experimental electricity systems will fail and/or become unaffordable very quickly. I guess people, like British pensioners did last winter, can always resort to burning books. I suggest starting with the IPCC reports and An Inconvenient Truth.
I just re-read my last comment and realized I made a huge, unexplained leap of logic electricity -> shivering in the dark.
The problem with governments is that they are trend followers. They will lurch from a bad idea, like meddling in the electricity market, to an even worse panic reaction in a attempt to fix the disaster the meddling causes. In the case of electricity, the panic reaction will be a massive move en masse to NG electricity generation. NG is clean burning and quick to build. Unfortunately, it is also used by the majority of Canadians for home heating. As demand for NG soars, so will the price.
Solar power works- it makes the plants grow. Wind works- it dries the clothes on the line.
Could they be used for industrial purposes? It doesn’t seem likely.
If anything, people should be prodding on to find responsible uses for the energy sources we have or find new ones. Why aren’t the eco-fanatics doing that?
Never mind…
And how many jobs were eliminated because investment dollars were taxed away from genuinely profitable enterprises in order to pay for this boondoggle?
All this yabbering in the chattering classes while in the real world . . . .
“U.S. Secretary of State Hillary Clinton has sent the first signals to Alberta’s oil sands producers that the Obama administration is set to green-light a pipeline delivering more of its crude, saying that Canada’s “dirty oil” is a better alternative for the United States than the Persian Gulf’s.
Ezra must be so proud, America is rejecting the Blood Oil from the middle east, Nigeria, Venezuela . . . just like he recommended.
So one pipeline down, how many more to go.
http://tinyurl.com/24a5b8h
Substitute Spain for Ontario and you can honestly say that you can predict the future.
Reality check part deux . . . because greenie power makes sooooooooooooooooo much sense. 🙂
“Wind turbine farms need ten times more steel and concrete than a nuclear, coal or gas power plant for the same amount of electricity. You also need thousands of tons of raw materials for the backup generators and the thousands of miles of new transmission lines to get the electricity to cities hundreds of miles from the wind farms. All these materials have to be dug out of the ground someplace.
All that mining and manufacturing is powered by fossil fuels, which requires more mining and drilling. The backup power plants have to be running constantly – and then roar to full strength every time the wind dies down. That’s like having to stop your car repeatedly for red lights along miles of highway: idling and then gunning it to 55 mph over and over. That uses huge amounts of fuel and emits enormous amounts of carbon dioxide and pollutants. In the end, we barely reduce America’s CO2 emissions – and may actually increase them.
Billions of dollars in taxpayer subsidies, hurts families, sends business costs skyrocketing, and means people lose their jobs
Finally, even with billions of dollars in taxpayer subsidies, wind-based electricity is far more expensive than power generated by coal, natural gas or nuclear plants. That hurts families, sends business costs skyrocketing, and means people lose their jobs.”
http://canadafreepress.com/index.php/article/28967
Never ever enter into business with the government.
They are known to change or cancel agreements on a whim.
They are known to use extortion to get your money. Police intimidation too … if you happen to be white that is. Funny … it used to be the other way around.
In fact, don’t even let your government govern you. They don’t know how to do it and will only confuse and anger you. They do not operate on logic and concern for what is needed and what is right, but rather there is always an agenda to serve themselves, their family and friends.
I know they can and have made many hand-picked citizens fabulously wealthy, but there is no guarantee and there is a good possibility they will ruin your life whilst you believe you have won the lottery.
Governments cannot be trusted with anything. I don’t know how people can continue to find one politician after another that they ‘believe’ in.
Suckers R us .. but it doesn’t have to be that way.
Forget your sense morality as they (governments) have forgotten theirs and find ways to prosper and be happy in spite of them.
Do you get my drift here booby?
One more thing … don’t ever take a government job. I know many who have government jobs (who doesn’t?) and they are all damaged mentally and emotionally. Some of them don’t even know it.
The current batch actually believe they are going to get their full pensions someday.
Phantom @ 4:03
I got the feeling that history isn’t going to remember this greening period in time kindly.
And I believe you sir have the best advice of all:Plant a big garden.
It shows free market works better than
anything state-funded.
Yes I mean Capitalism.
Capitalism is not perfect – I know that – but between two evils it is clearly the best choice.
I think, I think…I am going to cry…Envirotards smellin the coffee 🙂
no prob abe you swine
next lifetime i’m going into the priesthood(residence…housekeeper…buick…..i day a week workday) or politics (the sky’s the limit dear friends)…
andycanuck at 1:51 pm: Those wily Spanish solar panel owners already had that figured out. They were producing and selling solar energy all night!Lunar panels? Coming soon to Ontaristan!
http://www.freerepublic.com/focus/f-bloggers/2494075/posts
In the end it the Elites will be chipping gold out of their victims teeth.
The many ,many straw enemies they have created.
Will become in the end seen as just meat to kill.
This is what always happens in Heterodox religions.
The greenish are more ardent than even Islamics. In the longing for the perfect death for all.
JMO
the original mao once got it in his communist head he wanted China to be self sufficient in rice production.
so the red guard cadres and various apparatchiks went about the nation ripping out orchards that took decades to cultivate, and set inconceivably high production goals for themselves and diverted all manner of resources and effort all to prop up the helmsman’s wet dream of self sufficiency.
it didn’t work.
October 7_2010
The Swedish retail giant IKEA announced yesterday it will invest $4.6-million to install 3,790 solar panels on three Toronto area stores, giving IKEA the electric-power-producing capacity of 960,000 kilowatt hours (kWh) per year. According to IKEA, that’s enough electricity to power 100 homes. Amazing development. Even more amazing is the economics of this project. Under the Ontario government’s feed-in-tariff solar power scheme, IKEA will receive 71.3¢ for each kilowatt of power produced, which works out to about $6,800 a year for each of the 100 hypothetical homes. Since the average Toronto home currently pays about $1,200 for the same quantity of electricity, that implies that IKEA is being overpaid by $5,400 per home equivalent.
fullcomment.nationalpost.com/2010/10/07/fps-terence-corcoran-power-failure/#ixzz130iEpDuh