Obama calls for 50 Billion in Infastructure Upgrades

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Darwin333

Lifer
Dec 11, 2006
19,946
2,329
126
http://www.lvrj.com/news/washington-state-continues-push-to-halt-yucca-shut-down-90781169.html

with all the states saying "Not in my backyard" your points mean very little. Again a highly improbable solution that only works in your mind....

On-site dry cask storage is what they are currently doing, rather ironic that the nimby thing keeps it IN their backyards (if they have nuke plants).


I work in renewables and I am a big proponent of them but we are still going to need some sort of central power generation. Nuke, coal or nat gas... take your pick

Speaking of nuclear, anyone here read up on Thorium reactors? I saw a few presentations on it and it seemed really interesting and assuming the claims are accurate much better than our current way. Unfortunately it doesn't work well with the bomb making part of the nuclear industry so there hasnt been much interest in the last few decades.
 

Throckmorton

Lifer
Aug 23, 2007
16,829
3
0
The energy money is a total loss.

Wind-mills, battery operated cars, mean nothing when the main sources of our energy remain coal and oil.

NucleAR pOWER, the one true "miracle" energy is the answer that all civilized societies need to achieve.

-John

The nuclear power EROI isn't nearly as high as you think it is. I saw a chart recently showing it to be worse than wind power.

Edit: http://www.eoearth.org/article/Energy_return_on_investment_%28EROI)_for_wind_energy

300px-EROI_electric_power.jpg
 
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manimal

Lifer
Mar 30, 2007
13,559
8
0
On-site dry cask storage is what they are currently doing, rather ironic that the nimby thing keeps it IN their backyards (if they have nuke plants).


I work in renewables and I am a big proponent of them but we are still going to need some sort of central power generation. Nuke, coal or nat gas... take your pick

Speaking of nuclear, anyone here read up on Thorium reactors? I saw a few presentations on it and it seemed really interesting and assuming the claims are accurate much better than our current way. Unfortunately it doesn't work well with the bomb making part of the nuclear industry so there hasnt been much interest in the last few decades.

http://energyfromthorium.com/

ya some interesting stuff. I remember when the Clinton administration stopped the Argonne national labs IFR studies..

LFTR does look interesting. Do you have any recent info?
 

Darwin333

Lifer
Dec 11, 2006
19,946
2,329
126
http://energyfromthorium.com/

ya some interesting stuff. I remember when the Clinton administration stopped the Argonne national labs IFR studies..

LFTR does look interesting. Do you have any recent info?

I do know a bill was introduced in 2008 to help get Thorium research moving in the US but it died. It has recently been re-introduced, not sure of its status or likelihood of passing:

thorium-energy-security-and-independence-act-of-2010


This is one of the videos that I watched, extremely informative:

Google Thorium presentation

another one from 2008

Google Thorium presentation 2
 

IGBT

Lifer
Jul 16, 2001
17,974
140
106
U.S. Backs $1B Loan to Mexico for Oil Drilling Despite Obama Moratorium

Published September 11, 2010

| FoxNews.com

Despite President Obama's moratorium on U.S. deepwater drilling in the Gulf of Mexico, the U.S. Export-Import Bank intends to guarantee $1 billion in loans to PEMEX, the Mexican state oil company, to bolster the company's oil drilling in the region.

The bank, which is the official American export credit agency, loaned more than $1 billion to PEMEX in 2009 -- when the company was the bank's largest borrower -- in support of its drilling activities. That year, the bank also guaranteed two loans totaling $300 million made by a commercial lender.

The latest request comes during a drilling moratorium that was first imposed by Obama in May to find out what was the cause behind the April 20 Deepwater Horizon oil rig explosion killed 11 workers and led to 206 million gallons of oil spewing from BP's undersea well.

After a federal court struck down the ban amid complaints that it threatened thousands of jobs in the offshore oil industry, the Obama administration issued a new moratorium in July on most deep-water drilling activities that is in effect until Nov. 30.

The Export-Import Bank said the moratorium doesn't affect its pending deal with PEMEX.

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"None of these projects involve deepwater drilling," bank spokeswoman Maura Policelli told FoxNews.com in an e-mail.

The $1 billion deal is awaiting approval by the bank's board, which is expected to reach a final decision by Sept. 30, the end of the fiscal year. Because the bank is an independent agency, the deal is not subject to congressional approval.
 

Zorkorist

Diamond Member
Apr 17, 2007
6,861
3
76
The nuclear power EROI isn't nearly as high as you think it is. I saw a chart recently showing it to be worse than wind power.

Edit: http://www.eoearth.org/article/Energy_return_on_investment_%28EROI)_for_wind_energy

300px-EROI_electric_power.jpg
At first I thought your chart must be Earth ROI (as in taking into account the economic impact on Earth), but then I realized Nuclear Energy would top that chart too... so without reading the whole thing, I'll ask you to summarize, or I'll just note it was a study from Hawaii, and move on.

It's ridiculous to think wind-power develops any sort of energy comparable to nuclear power. If you make nuclear power ridiculously expensive (Government), then yeah, even a fruit-flies wings beatings, seem more efficient/powerful.

-John
 
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Zorkorist

Diamond Member
Apr 17, 2007
6,861
3
76
U.S. Backs $1B Loan to Mexico for Oil Drilling Despite Obama Moratorium

Published September 11, 2010

| FoxNews.com

Despite President Obama's moratorium on U.S. deepwater drilling in the Gulf of Mexico, the U.S. Export-Import Bank intends to guarantee $1 billion in loans to PEMEX, the Mexican state oil company, to bolster the company's oil drilling in the region.

The bank, which is the official American export credit agency, loaned more than $1 billion to PEMEX in 2009 -- when the company was the bank's largest borrower -- in support of its drilling activities. That year, the bank also guaranteed two loans totaling $300 million made by a commercial lender.

The latest request comes during a drilling moratorium that was first imposed by Obama in May to find out what was the cause behind the April 20 Deepwater Horizon oil rig explosion killed 11 workers and led to 206 million gallons of oil spewing from BP's undersea well.

After a federal court struck down the ban amid complaints that it threatened thousands of jobs in the offshore oil industry, the Obama administration issued a new moratorium in July on most deep-water drilling activities that is in effect until Nov. 30.

The Export-Import Bank said the moratorium doesn't affect its pending deal with PEMEX.

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"None of these projects involve deepwater drilling," bank spokeswoman Maura Policelli told FoxNews.com in an e-mail.

The $1 billion deal is awaiting approval by the bank's board, which is expected to reach a final decision by Sept. 30, the end of the fiscal year. Because the bank is an independent agency, the deal is not subject to congressional approval.
That's just sick.

Loaning Mexico money to drill, in water (not sure it as deep), when we are stopping Louisiana from drilling?

That's very sick.

-John