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Global energy investment to reach record US$3.3-trillion, IEA says
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Originally posted by AlbertaFarmer5 View Postgoal post moved yet again.
Remember all the anti-nuclear posts you've made?
Now suddenly it's not about the environment, or cost, or being renewable or being green, just as long as it's not fossil fuels.
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Originally posted by AlbertaFarmer5 View PostSo now nuclear is renewable? How fast is the uranium renewing itself?
Let's use your numbers. Hydro, nuclear and all other renewables 16.9% of global primary energy production. All other renewables of course includes all of the cow dung being burnt.
Using those numbers, fossil fuels only produce five times more primary energy than all of the others combined. For half the cost. Making fossil fuels only 10 times less expensive.
Last edited by chuckChuck; Jun 8, 2025, 08:34.
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Originally posted by chuckChuck View Post
Only an uninformed knob who can't do math would compare the the current investment in future generation and energy production with legacy fossil fuel production and other energy production a lot of which was paid for from previous decades of investments and come up with an irrelevant cost estimate.
At what point will all of this investment in renewable energy result in cheaper energy?
Or will you keep using the excuse of "future generation" for ever into the future?
Do you know what a decline rate is? Do you think you just drill a hole in the ground then pump oil until the end of time?
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Never will result in cheaper energy to the consumer, just look at Europe.
this is about maximizing profits for renewable energy companies and zero to do with lower costs for the consumers or the environment.
It’s about taking the energy dollar to a new level under the guise of saving the planet
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Originally posted by chuckChuck View Post
Only an uninformed knob who can't do math would compare the the current investment in future generation and energy production with legacy fossil fuel production and other energy production a lot of which was paid for from previous decades of investments and come up with an irrelevant cost estimate.
yahoo.com/news/raise-taxes-bring-down-energy-122245386.html.
In this article you have the head of a gas company telling the government of England that green levies on electricity are making electricity so expensive that it is slowing the transition to heat pumps and EV’s and that they should be taken off of electricity and applied to general taxation so that energy is cheaper. Yup Chuck2, the energy transition will definitely make electricity more affordable, NOT!!!!
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Originally posted by AlbertaFarmer5 View Post
For how many decades have you been using that excuse?
At what point will all of this investment in renewable energy result in cheaper energy?
Or will you keep using the excuse of "future generation" for ever into the future?
Do you know what a decline rate is? Do you think you just drill a hole in the ground then pump oil until the end of time?
A lot of the infrastructure for fossil fuels was paid for long ago.
You are good at making dumbass claims that make no sense!
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The IEA released it's 2025 World Energy Investment report.
As Chuck likes to point out, investment in wind and solar is far out of proportion to the return on investment vs reliable energy.
Chuck's damning insinuations are backed up by the data from the IEA.
Chuck keeps claiming that this is because reliable energy has the infrastructure already, whereas wind and solar are still being built.
As the IEA report indicates, while wind and solar have displaced 0% of fossil fuels during this 10 year period( rounded to the nearest %, still 81% ten years later), yet investment in unreliables per unit of energy produced continues to be 7 times higher than the energy sources which actually power civilization. By Chuck's logic, shouldn't that number be improving over time, after all, the energy is free.
How much longer do you think it will take for all that investment to pay off? If 10 years and countless billions hasn't even budged the needle?
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