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Fracking Article; Truth for a change?
Topic Started: Mar 5 2013, 09:45 PM (455 Views)
Brewster
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Fire & Ice Senior Diplomat
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Poor Neut - He's drunk so much Koch-a-Cola that he doesn't realize the only reason fossil fuels are still "competitive" is because of the massive subsides and tax breaks they get.
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Pat
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Sea Dog
Mar 5 2013, 09:45 PM
BS. The government experts have consistently achieved one marker. Being totally off base and wrong in every instance. You don't raise capital based on bureaucratic forecasts, you do so on scientific or other sound methods of analysis. I'm sticking with industry forecasts, that's the winning team.
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Brewster
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Yup, they've got the money, Pat.

Renewables vs Fossil Fuels:

Posted Image

LINK
Edited by Brewster, Mar 6 2013, 01:53 AM.
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Pat
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The corn one is the worse in my opinion. Wasting food on fuel. I think it's true cost to produce is over ten bucks a gallon.
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Sea Dog
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So, Pat,
you are good with five hundred billion in taxpayers monies
propping up fracking?

". No surprise there, given the absurdity that the world’s renewable energy industry receives about $88 billion a year in state subsidies, according to the United Nations, while the lucrative fossil-fuel industry has a stupendous $523 billion in government assistance shoved at it."

Amazing how well industries such a gas exploration and ethanol
can prosper when the taxpayer picks up the tab.

Makes the farmers in their Lincoln pickup trucks look
like pikers!

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There is growing evidence that fracking is causing quakes. Actually the injection of waste water under pressure after the frackings, especially in areas with hard bedrock that is not usually subject to quakes. It lubricates faults that would not normally move.
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