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The Forum > General Discussion > Privatization, Is It Dead In The Water.

Privatization, Is It Dead In The Water.

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Aiden asked;
<<The information I have read is only weeks old.>>
Then where is it from? When the figures are that low there's likely to be somehting wrong with the assumptions.

It took me a while to find it then I remembered it came from RMIT.
The unbuffered by storage ERoEI figure for wind is higher than I
remembered but the backup battery or other method figure is disastrous.

http://bravenewclimate.com/2014/08/22/catch-22-of-energy-storage/

3.9 for wind and 1.6 for solar in Germany makes them useless.
Of course solar here would no doubt be better.
I think these figures might be disputed by some as I have seen figures
less than 1 in some articles. I cannot remember what the parameters
might have been.
Interesting to see that solar in desert with backup barely makes 9.
Seven is said to be eroei below which the method is of no use.
When you see the graph of the energy you can see why.

>Your conclusions and doubts are based on false assumptions.

No its not. There are quite a number od articles along the same lines.

>Frankly your stereotypes of Greens are ridiculous!
Not from what I have seen & heard. I agree some are really way out
and other slightly more down to earth.

>Australia owns the Reserve Bank therefore has unlimited credit.
Ahh are you Arjay ? He is a wild money printer also.

Seriously, we will be in serious trouble if we do not reserve coal
and gas for our own use in a surprisingly short time.
So although we may disagree on the details I suspect we agree that
the politicians are letting the problem get away from themselves.
Posted by Bazz, Tuesday, 10 February 2015 2:30:11 PM
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Bazz, thanks for the link. I see it's been updated with a postscript since last time, but that postscript really makes no sense. The idea that an EROEI of less than seven would be no use is utterly ridiculous. How useful something is depends on the context. Solar cells in the 1980s had a very poor EROEI but they were still very useful for powering public phones in remote areas, for example. And nuclear power has a very high EROEI, but non-energy costs restrict its uptake.

Anyway, as you can see, the figures you quoted were wrong.

More articles along the same lines don't stop your conclusions being based on false assumptions!

>>Australia owns the Reserve Bank therefore has unlimited credit.
> Ahh are you Arjay ? He is a wild money printer also.

Firstly Arjay's not a wild money printer, he's a wild conspiracy theorist who even has trouble believing Australia owns the RBA.

Secondly, I'm not a wild money printer. There's nothing wild about failing to pretend that Australia isn't always able to borrow as many Australian dollars as it needs. And there's certainly nothing wild about believing that how much we should borrow should be determined by employment and inflation rather than some arbitrary budget position.
Posted by Aidan, Tuesday, 10 February 2015 4:56:19 PM
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