Quote:
Originally Posted by REASON
. Isn't that the primary fear you have if we allow ourselves to be suckered in by these devious climate scientists and their bogus claims of AGW? Explain how "green" technology is going to send us all to the poor house.
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OK, here's an example.
I'm on vacation in Hawaii. I read this in the paper this morning:
The University of Hawaii spent $50,000 to install roof-top solar cells, which will generate 24 kilowatt-hours of electricity daily. The University would like to generate 25% of it's electricity from renewable resources by 2020.
A link to basically the same article is here:
News from the University of Hawaii 10-Campus System
The problem is that a kilowatt hour of electricity costs a business like a University about 33 cents a kwH in Hawaii, which are the highest electric rates in the US. Where I live in Ohio it's only about 9 cents. A link to electric rates by state is here:
Electric Power Monthly - Average Retail Price of Electricity to Ultimate Customers by End-Use Sector, by State
But, even at Hawaii's 33 cents a KwH, it will take 17 years to generate enough electricity just to recover the costs of the solar cells. The effective life of the solar cells are only 5-10 years, so basically the cost can never be recovered. This project is equivalent to The University of Hawaii flushing $20,000 to $30,000 in cash money down the toilet.
If the project was in Ohio, it would be equivalent to a University there flushing $30,000 to $40,000 down the toilet.
If the University of Hawaii follows through with their goal of 25% renewable electricity, they will piss away millions.
This is why "Green" technology is ridiculous. As I have said many times, if someone can find a way to do something "Green" cheaper than what is available, we all will switch immediately. Until then, we are just wasting money. You want to use "Green" power? That's your choice. But don't make me pay for nonsense.