Dr. Doom Roubini is scared – economy worse than predicted

[patb]

[quote=paramount]”Family business on my side, relative in upper echelons of the industry” to that I say: BFD!

I do know this: if green energy were economically viable on a large scale (or really any scale), that’s what would be powering my house and car instead of gas and oil.

Alternative energy will not make a serious dent in our oil, coal or gas consumption in my lifetime or anyone else’s on this board.

Most electricity in this country is still generated by coal – and we have plenty left right here in the USA.

FYI: I am not a republican, just someone with “common sense.”

[/quote]

“Common Sense is the sum of our misconceptions since age 18”
Albert Einstein

I do know this if This country billed the Oil Companies
for the cost of all those carrier groups in the middle east,
we’d be paying 5 dollars a gallon for gas.

Also while we have a lot of coal, what is the cost to our
society if we strip mine all of west virginia flat to get it.

[gandalf]

Actually, natural gas reserves are strategically more important than coal. Next-generation delivery will be electric and powered from a mixture of sources. The technology and infrastructure is going to require massive public investment and subsidy to develop, in part because we’re running out of time. Remaining oil reserves are overstated.

The main issue I have with your post is ridiculing improvements to US energy policy as hippie-green-liberal nonsense. It’s this decade-old ‘Anti-Gore’ GOP talking point bullshit.

There are environmental benefits to energy policy changes, to be sure, but the main drivers are economics and national security. Every business in my field is getting hit by rising utility and energy costs. If we find an answer to this, it has the potential to radically reshape the cost landscape for a wide range of businesses, not to mention spawning a whole new industry.

Basically, while you we’re getting all worked up ranting about liberals, or socialism, or Al Gore, or Obama… Whatever. The world moved on.

[gandalf]

Actually, natural gas reserves are strategically more important than coal. Next-generation delivery will be electric and powered from a mixture of sources. The technology and infrastructure is going to require massive public investment and subsidy to develop, in part because we’re running out of time. Remaining oil reserves are overstated.

The main issue I have with your post is ridiculing improvements to US energy policy as hippie-green-liberal nonsense. It’s this decade-old ‘Anti-Gore’ GOP talking point bullshit.

There are environmental benefits to energy policy changes, to be sure, but the main drivers are economics and national security. Every business in my field is getting hit by rising utility and energy costs. If we find an answer to this, it has the potential to radically reshape the cost landscape for a wide range of businesses, not to mention spawning a whole new industry.

Basically, while you we’re getting all worked up ranting about liberals, or socialism, or Al Gore, or Obama… Whatever. The world moved on.

[gandalf]

Actually, natural gas reserves are strategically more important than coal. Next-generation delivery will be electric and powered from a mixture of sources. The technology and infrastructure is going to require massive public investment and subsidy to develop, in part because we’re running out of time. Remaining oil reserves are overstated.

The main issue I have with your post is ridiculing improvements to US energy policy as hippie-green-liberal nonsense. It’s this decade-old ‘Anti-Gore’ GOP talking point bullshit.

There are environmental benefits to energy policy changes, to be sure, but the main drivers are economics and national security. Every business in my field is getting hit by rising utility and energy costs. If we find an answer to this, it has the potential to radically reshape the cost landscape for a wide range of businesses, not to mention spawning a whole new industry.

Basically, while you we’re getting all worked up ranting about liberals, or socialism, or Al Gore, or Obama… Whatever. The world moved on.

[gandalf]

Actually, natural gas reserves are strategically more important than coal. Next-generation delivery will be electric and powered from a mixture of sources. The technology and infrastructure is going to require massive public investment and subsidy to develop, in part because we’re running out of time. Remaining oil reserves are overstated.

The main issue I have with your post is ridiculing improvements to US energy policy as hippie-green-liberal nonsense. It’s this decade-old ‘Anti-Gore’ GOP talking point bullshit.

There are environmental benefits to energy policy changes, to be sure, but the main drivers are economics and national security. Every business in my field is getting hit by rising utility and energy costs. If we find an answer to this, it has the potential to radically reshape the cost landscape for a wide range of businesses, not to mention spawning a whole new industry.

Basically, while you we’re getting all worked up ranting about liberals, or socialism, or Al Gore, or Obama… Whatever. The world moved on.

[gandalf]

Actually, natural gas reserves are strategically more important than coal. Next-generation delivery will be electric and powered from a mixture of sources. The technology and infrastructure is going to require massive public investment and subsidy to develop, in part because we’re running out of time. Remaining oil reserves are overstated.

The main issue I have with your post is ridiculing improvements to US energy policy as hippie-green-liberal nonsense. It’s this decade-old ‘Anti-Gore’ GOP talking point bullshit.

There are environmental benefits to energy policy changes, to be sure, but the main drivers are economics and national security. Every business in my field is getting hit by rising utility and energy costs. If we find an answer to this, it has the potential to radically reshape the cost landscape for a wide range of businesses, not to mention spawning a whole new industry.

Basically, while you we’re getting all worked up ranting about liberals, or socialism, or Al Gore, or Obama… Whatever. The world moved on.

[Arraya]

In the short and medium term, green technologies almost always translates into higher costs for consumers (ie. higher electric bills) not to mention the up front costs. Long term is still an experiment.

Here’s the rub. Our pricing mechanism do not translate into proper value. They are myopic, every day there are less and less non-renewable resources and yet the price still goes down. Why is that? The availability is less?

A barrel of oil is equivalent to about a year of human physical labor on a BTU level. BTUs are real our pricing mechanisms are not.

[Arraya]

In the short and medium term, green technologies almost always translates into higher costs for consumers (ie. higher electric bills) not to mention the up front costs. Long term is still an experiment.

Here’s the rub. Our pricing mechanism do not translate into proper value. They are myopic, every day there are less and less non-renewable resources and yet the price still goes down. Why is that? The availability is less?

A barrel of oil is equivalent to about a year of human physical labor on a BTU level. BTUs are real our pricing mechanisms are not.

[Arraya]

In the short and medium term, green technologies almost always translates into higher costs for consumers (ie. higher electric bills) not to mention the up front costs. Long term is still an experiment.

Here’s the rub. Our pricing mechanism do not translate into proper value. They are myopic, every day there are less and less non-renewable resources and yet the price still goes down. Why is that? The availability is less?

A barrel of oil is equivalent to about a year of human physical labor on a BTU level. BTUs are real our pricing mechanisms are not.

[Arraya]

In the short and medium term, green technologies almost always translates into higher costs for consumers (ie. higher electric bills) not to mention the up front costs. Long term is still an experiment.

Here’s the rub. Our pricing mechanism do not translate into proper value. They are myopic, every day there are less and less non-renewable resources and yet the price still goes down. Why is that? The availability is less?

A barrel of oil is equivalent to about a year of human physical labor on a BTU level. BTUs are real our pricing mechanisms are not.

[Arraya]

In the short and medium term, green technologies almost always translates into higher costs for consumers (ie. higher electric bills) not to mention the up front costs. Long term is still an experiment.

Here’s the rub. Our pricing mechanism do not translate into proper value. They are myopic, every day there are less and less non-renewable resources and yet the price still goes down. Why is that? The availability is less?

A barrel of oil is equivalent to about a year of human physical labor on a BTU level. BTUs are real our pricing mechanisms are not.

[Arraya]

The main issue I have with your post is ridiculing improvements to US energy policy as hippie-green-liberal nonsense. It’s this decade-old ‘Anti-Gore’ GOP talking point bullshit.

Actually, I think it goes back to when Reagan took off the white house solar panels that Carter put on.

[Arraya]

The main issue I have with your post is ridiculing improvements to US energy policy as hippie-green-liberal nonsense. It’s this decade-old ‘Anti-Gore’ GOP talking point bullshit.

Actually, I think it goes back to when Reagan took off the white house solar panels that Carter put on.

[Arraya]

The main issue I have with your post is ridiculing improvements to US energy policy as hippie-green-liberal nonsense. It’s this decade-old ‘Anti-Gore’ GOP talking point bullshit.

Actually, I think it goes back to when Reagan took off the white house solar panels that Carter put on.

[Arraya]

The main issue I have with your post is ridiculing improvements to US energy policy as hippie-green-liberal nonsense. It’s this decade-old ‘Anti-Gore’ GOP talking point bullshit.

Actually, I think it goes back to when Reagan took off the white house solar panels that Carter put on.

[Author]

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