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Hope and Fear - fanaticism and complete skepticism, Retraction - source Government

Salt Lake City Energy Consumption Case Study - (part 1)

There is no easy technological solution - (Current Study)

In Utah this 2004 total US electricity consumption diagram would be 95% coal.

Economics, Economics2, Steady State Economics In fact if there were a magic power source it would still be extremely difficult politically to replace the coal and nuclear plants. That is why top scientists still pander for coal sequestration study grants - a dangerous and poor mitigation solution. James Lovelock, futuregen

Salt Lake City metropolitan area contains nearly half of Utah's population of 2.7 million at about 1,018,826 people, (.03% of the U.S. population of 303,346,200 at 11/11/07 and .0016% of the 6.5 billion world population). The average household income is roughly $46,000 and the total state GDP was $54,763,859,000 in 2006. In 2006 the per capita consumption of electricity in homes was 3,240 kWh, which equals 3,300,996,240 kWh or 3.3 GWh of energy for the metropolitan area and 8.7 GWh for state home consumption. Currently, Salt Lake zoning ordinances for adding renewables to the grid are problematic. Utah consumed 26,361 GWh 2006. Energy efficiency is a struggling industry (Thermwise, Ecos, ETC Group, Back Woods Solar, PolyFace Farms, gifting societies - growing power).

Impetus for changing current energy portfolio Coal (Doubts), Hopes

According to SourceWatch, (2007): Between 2000 and 2006, over 150 coal plant proposals were fielded by utilities in the United States. By the end of 2007, 10 of those proposed plants had been constructed, and an additional 25 plants were under construction. During 2007 at least 59 coal plants were cancelled, abandoned, or put on hold. Small victories are just baby steps towards a necessary problem solving future that still doesn't exist. The U.S. government needs to create an inclusive, nationally engaging, accountable, transparent plan/process that tries to define a reality with a future, taking into account as many reasonable perspectives and inclusive work opportunities as possible.

How can we create an engaging online leadership environment that would best facilitate a collective paradigm of non-competing factions? Wikipedia is an example of an online medium that quickly creates and evolves knowledge and answers under scrutiny.

Citizens can read non-authoritative threads such as the Oil Drum, and Alter Net, Daily Kos, Die-Off, etc.. Yet, citizens are outsiders who can not seem to organize and demand accountability, transparency, and a plan/process. We can only glimpse at events and know that the future is still headed into the sun due to our lack of self-control (a character flaw), continually willing to support failed policies, systems (the distraction of consuming what we don't need), and people.

Rocky Mountain Power supplies Utah's energy with a total of 1.7 million customers, spanning 136,00 square miles and 15,000 transmission miles, with a total of 8,470 MW Generations. Additionally, Rocky Mountain Power is facing a 2,400 MW deficit by 2012 and Utah is facing a 300-400 MW deficit every two years. Most of this deficit is due to large households central air conditioning systems. National averages for home consumption are 41% for heating and cooling, 39% for appliances (mostly refrigeration), 9% for lighting (25% of 9% reduced by compact flourescents), and 7% on electronics and computers. It has been thought that plasma TV's will consume as much as a refrigerator. With monetary agendas it's hard to know what is factual. However, plasma TV's use .34 watts/in2 which is the same as CRT TV's. LCD's use .29 watts/in2 and rear projectors use .14 watts/in2. Salt Lake and Utah receive 95% of its electric energy from coal fired power plants. Source Rocky Mountain Power President - Richard Walje, Source CCS, Source (Western Resource Advocates).

Utahs coal boom started 50 years ago in Emery and Millard counties. Since then both counties have lost population and current residents have less education than all other Utah counties. Coal plants create a boom in construction jobs which decline along with the local mining jobs. Emery county employs roughly 500 people currently.

Corporate culture, mergers, acquisitions, lay offs, are all circumstances of bottom lines. Big coal plants are sold to communities and like any big asset depreciate over time. Communities that commit to a commodity are circumstance to control assessment by the state which is a way for power companies to pay lower property taxes. Recent mining tragedy cost loss of life and $100,000 to the county with road maintenance and security.

Emery county has shown a lack of diversity in the economy bust which scares away expansion. Coal piles and coal dust cause poor health, are an eyesore, and discourages investment in the community such as tourism, encourages mountain toppling.

Four main coal operations currently exist in Utah, located in Delta (950MW), and Huntington (400MW). The Delta IPP plants produce the most power and are owned by the Intermountain Power Agency (IPA), PacifiCorp. There are two plants in Delta and IPA is planning a third plant. Delta plants produce 15 million tons of carbon dioxide per year, and 75% of that power goes to California. Emissions from Delta's coal plants affect visibility in all of Utah's national parks. The Hunter operation has 3 plants or units which were built in 1980 and 1983 and produce 400MW. At Hunter an additional 400MW coal plant is planned for construction at an estimated cost of $800,000,000. Another plant at Sigurd (270 MW's) is planned as well. Source High Country Editor (Ray Ring) Salt Lake Public Library September '07.

Impetus for changing current energy portfolio - Climate

CO2 is a known contributor to climate change. Up to 70 million tons of CO2 are added to the atmosphere each day with fossil fuel burning. The IPCC scientists have agreed on the following: the temperature has increased 1.3 degrees in the past 100 years. CO2 parts per million have doubled in the last 30 years. CO2 concentrations have increased 35% since the 250 year industrial age and are 30% higher now than in the past 800,000 years. Climate change is likely due to greenhouse gases. If all CO2 emissions were stopped presently, there would be no affect on climate change until after 20 years and reversing the current affects of climate change could take hundreds to thousands of years.

Additionally, up to 50% of the CO2 added to the atmosphere during the past 250 year industrial age still exists today. About 50% of the U.S. electricity comes from coal fired power plants. Since the industrial age atmospheric CO2 has increased from around 220 parts per million to around 380 ppm. CO2 has a 50-100 year lifespan in the atmosphere and thickens the atmosphere trapping heat. Methane (CH4 - natural gas) retains heat 24 times greater than CO2 and although also being released it at least degrades at 8% per year. CO2 is rising at a rate of 1.4 to 1.9 ppm each year. For 650,000 years CO2 levels are thought to have ranged between 180ppm to 300ppm. CO2 + H2O = H2CO3. This weak carbonic acid is strong enough to dissolve the calcium carbonates needed for corals and seashell-forming organisms to create their shells. A Reef In Time - J.E.N. Veron

If you just take the CO2 of everything breathing, it's twenty-five percent of the total --four times as much CO2 as all the airlines in the world. In Lovelock's Revenge of Gaia he claims Global Dimming or pollution in the atmosphere reflecting the sun back into space has bought the planet some time. James Lovelock has proposed shading the ice, burying coal from farms, and pumping cold water to create algae to pump down the CO2. However, experts in geo-engineering are cautious about trying to control the climate. James Lovelock, James Hansen, Lester Brown, Thomas Friedman (Unethical Moron)

Skeptics, denial, science, of climate change should see the proof in satellite photography. 460,000 sq miles of the polar cap has decreased in the past two years 25% of the total ice cap. At this rate the polar cap could be gone by 2012. Melted ice in water will not displace the sea levels, however, the Greenland ice cap will. Additionally, as Lester Brown cites a 1 millimeter sea rise due to just expansion from heat consumes 1.5 meters of shoreline. A 3 meter rise would consume on average 1 mile of shoreline.

Yet, the skeptical points of view persist: Additional

Gaia, Gaia2 is the earth and its often symbiotic ecosystems which includes humans. Gaia attempts to self-regulate its atmospheric compositions and temperatures. Cooler oceans support more life and algae which actively consume or pump down the CO2 contributing to cloud formation. Some coral reefs and bacteria may also protect themselves from heat by inducing cloud formation yet with pollution there are ironic affects. Oceans and plants are the biggest contributors to Gaia's attempt at temperature regulation through cloud formation. As the sun has gotten warmer Gaia has had intermittent ice ages that aid in this regulatory process. Life in the oceans is most productive at cooler temperatures. Fossil fuel emissions have increased the oceans' acidity as well. Nonetheless, where energy passes through matter, vortices stir, warm water meets cold water, nutrients, bacteria, algae, and Gaia begins. Bill Mckibben, Source, Source, Source.

Utah has the cheapest power of any state at 5.99 cents per kilowatt. Although it is argued that the low price of electricity encourages business in Utah it also creates wasteful practices. Also, Utah's ethnocentric culture, politics, liqour laws, and lack of diversity discourage business investment. Coal plant emissions create environmental feedback as well. Water consumption per MW for coal plants is likely to be comparable to nuclear plants.

Emissions from Utah electric power generators in 2005 currently excluding mercury and other elements: Sulfur Dioxide 32,133 tons Nitrogen oxides 71,886 tons Carbon Dioxide 37,746,475 tons Total Utah generator emissions: 37,850,494 tons were just over half of 1% of the total U.S. emissions which were 7.2 billion metric tons or 6.5 billion tons of greenhouse gases (in 2005).

Coal and nuclear energy are again starting to compete for achievements (financial awards in Washington, D.C.), as the affects CO2 has on climate change are becoming more obvious. Currently nuclear power provides 20% of the U.S. electricity and 6% of the world's electricity. Two reactor nuclear plants can produce up to 3000 MW of energy, which is the carrying capacity for high voltage power lines that connect the western and eastern power grids at a loss of 7-8% efficiency by the time power arrives for consumers. Nuclear plants can take 15 to 20 years to license and build. With current protective core reactor designs the chance of any type of meltdown are 1 in 1000 years. Source Sustainable Energy - Tester, Drake, Driscol, Gollay, Peters

Nuclear power plants produce lots of power with no harmful emissions. There are currently 66 nuclear plants with 104 nuclear reactors. They provide 19% of the total U.S. electricity (100GW total) at an average of 1GW per plant. Nuclear fission creates high level nuclear waste which has a high temperature and slow decay rate. Cesium and Strontium atoms decay at an aggregate rate of about 50% at around 30 years. So every 30 years 1/2 of what was there before decays. However, that decay process may not start for hundreds of years for individual atoms.

Currently no state sponsored nuclear waste program exists in the world and all waste is stored at the reactor or on site. However, nuclear plants consume lots of water, as do fossil fuel coal fired plants. Modern nuclear reactors use cooling towers for cooling efficiency and recycling water. However, the water is also used to cool the high level waste which is currently stored at the reactor sites. There is common criticism that the current high level waste storage practice is unsafe and vulnerable. Because the states follow a mandate that they're all trying to contribute to the east and west grid as much as possible, it can be argued that building a nuclear reactor would increase the likelyhood that HLW storage companies operating in Utah such as Energy Solutions will have an easier time getting contracts for storing waste from other states.

Nuclear plant water usage is not public. It is thought that two reactors would require 20 billion gallons of water annually, (54.8 million gallons per day). A one reactor plant proposed for the Green river would possibly have to supply about 27 million gallons daily. If you consider that a Utahn averages 50,000 gallons of water annually a one reactor plant would be the same amount of water used by 200,000 people. Additionally, the same water re-used in cooling towers can become so irradiated that it is unsafe for consumption.

A 1000MW coal plant requires about 10,000 tons of coal dayly and releases about 20,000,000 pounds of CO2/dayly. The oldest coal burning power plants can produce per CO2lb: .006lbs SOx/1kWh, .004lbs NOx/1kWh, .03lbs CH4 (Methane)/1kWh, 1.09lbs * 10e-8(Mercury Hg)/1kWh. Source

Additionally, a 1000MW plant can produce 5.2 tons/year of uranium (containing 74 pounds of uranium-235) and 12.8 tons/year of thorium, as well as C-14 and K-40. Scrubbers on the coal flues attempt to capture the above substances creating waste water that can pollute aquifier deposits. Nitric acid is one waste that is harmful to crops and takes a long time to decay.

Annual U.S. residential CO2 consumption in 2005 (million metric tons): natural gas 261.7 mmt, petroleum 105.3 mmt, coal .9 mmt, electricity 885.7 mmt, total 1253.8 million metric tons.

Annual commercial CO2 consumption in 2005 mmt: natural gas 166.3 mmt, petroleum 55.4 mmt, coal 7.8 mmt, electricity 821.1 mmt, total oil consumption is 1050.6 million metric tons.

The world's known coal reserves are 998 billion tons, (1,225.62 billion short tons). World energy demand (the terawatt challenge) is projected to increase world coal consumption by 57% by 2030. The expense of mining coal and shipping it are usually comparable. Coal mined in Montana can be sent to power plants in Florida. Transportation of coal can be seen as a mis-represented and mis-informed part of the coal energy industry. In 2006 the U.S. coal energy industry used 92% of 1,114.2 million short tons or 1,025 million short tons or 1,250,640,000 x 20,754,000 Btu/(per short ton) = 2.6 x e+16 British Thermal Units produced in 2006. The worst oldest coal burning power plants can produce per CO2lb: .006lbs SOx/1kWh, .004lbs NOx/1kWh, .03lbs CH4(methane)/1kWh, 1.09lbs * 10e-8(Mercury Hg)/1kWh.

Fun Calculations
This analysis intends to down the road include efficiency data and currently excludes .08 of mined coal not used to make kilowatts and combines commercial and residential statistics with per capita consumption. With 3,412 BTU per kilowatt hour,
2.6 x E+16 BTU / 3,412 BTU = 7.6E+12 U.S. kWh consumed by the U.S. in 2006.
On 10/8/2007 the U.S. population was temporarily at 303,075,881.
7.6E+12 / 303,075,881 = 25,100 kWh used (by extremely rough average) per U.S. person in 2007.
.006lbs SOx * 25,100kWh = 150.6 lbs of SOx added per person,
.004lbs NOx * 25,100kWh = 100.4 lbs NOx,
.03lbs CH4 * 25,100kWh = 753 lbs CH4 (probably a high number),
and (1.09 lbs Hg * 10e-8) * 25,100 kWh = .0027 lbs of Mercury added per year per person.
Those same calculations multiplied by total U.S. kWh (7.6E+12) output or by 303,075,881 gives the following result.
.006lbs SOx * 7.6E+12kWh = 45,600,000,000 lbs of SOx added by the U.S. coal industry and its consumers in 2007.
150.6lbs SOx * 303,075,881 = 45,643,227,678 SOx lbs added by the U.S. in 2007.
.004lbs NOx * 7.6E+12 kWh = 30,400,000,000 lbs NOx 2007.
.03lbs CH4 * 7.6E+12 kWh = 228,000,000,000 lbs CH4 2007.
.0027lbs Hg * 7.6E+12 kWh = 20,520,000,000 lbs of Mercury Hg U.S. Coal industry projected emissions for 2007.

Impetus for changing current energy portfolio Oil

20 million barrels are consumed in the U.S. each day, 23% of the world's daily consumption. Additionally, .6 gallons are consumed per capita worldwide, 2.8 gallons per capita each day in the U.S.. 8% of crude oil is used in road construction. 50% is used for gas, 40% diesel, 10% residual fuel such as jet fuel.

1,317 billion (44 gallon) barrels exist in known reserves as of October 2007. Source 86,000,000 barrels were consumed daily worldwide in 2006. 97,000,000 million barrels are expected to be consumed worldwide in 2015, and 118,000,000 are projected by 2030. By 2030: (83,000,000 + 97,000,000 + 118,000,000)/3 = 99,333,333 barrels consumed daily on average 'till 2030.

1,317e9/99,333,333 = 1,235 days/365 = 36 years of known oil from known reserves left in the world.

Advanced oil recovery due to peak oil and loss of volume in large wells is done by creating drilling near the well injecting steam and CO2 to force the oil towards the diminishing well. CO2 works nicely for this process and this can be seen as a future form of carbon sequestration - however sequestration is dangerous and a poor solution.

Oil Sands Although, there are vast oil sand fields in Canada 1.7 trillion barrels (Athabasca) and Venezuela 1.8 trillion barrels, these sources are obviously more expensive to extract than pumping wells.

Oil Shale is 3.3 trillion barrels worldwide, the U.S. has 62% of this. Extraction is difficult and Utah has a large percentage of these deposits.

Utah per capita annual oil consumption for transportation 2001: 17 barrels.

Combustion engines contribute to poor air quality with pm10 (particles of less than 10 micrometres) floating along the Wasatch front home of the Salt Lake City metropolitan area. Mainly due to automobiles, in 2006 Salt Lake had the worst U.S. metropolitan air with Los Angeles being 2nd. Utah Moms, Wasatch Clean Air, Utah Physicians for a Healthy Environment, are three NGO's involved in solving the problem. Carbon pm10 particles are a health hazard above 70 parts per million. During winter temperature inversions 500 ppm can exist for several weeks. In summer poor air quality is increasing. Natural gas cars emit far less pollutants: source, source.

Impetus for changing current energy portfolio Transportation

Utah per capita transportation Electric cars such as the Tesla Roadster may become the norm. Powering them with coal energy still creates a bad feedback for the environment. Ethanol consumed for transportation 2001: 378,949 barrels; state rank 21. This renewable transportation fuel contributed 1.6%.

Alternative fuel vehicles (AFVs) in use in Utah in 2000 by type: Compressed natural gas: 3,552 (Utah has the 2nd best natural gas infrastructure) Electric: 33 (Battery life tends to be 2 years 40 mile range, battery price over 2k) Flexible-fuel ethanol: 657 Liquefied petroleum gases: 1,756 Methanol: 14 Total AFVs: 6,012 State rank: 26

Automobiles and Fuels Bio-Diesel Facts (bio-diesel can freeze) Green Car Hydrogen Clean Vehicle Clean Cities Union of Concerned Scientists California Energy Commission (Alternative Fuel Vehicles) Natural Gas Vehicles Natural Gas Vehicle Forum Intergalactic Hydrogen E-Volks Zev Utah Eco Moto EPA Fuels and Fuel Alternatives US DOE Alternative Fuels Data Center Energy Information Administration: Official U.S. Energy Statistics International Energy Agency

Not mentioned in these above 2002 statistics are Salt Lake's Trax statistics which served an average of 42,500 commuters daily in 2006. Trax is a growing development.

Source DOE's Energy Information Administration's "Alternative Fuels Estimated Data 2000" National Renewable Energy Laboratory

Impetus for changing current energy portfolio Renewables Utah Generating Capacity from renewable energy in 2002. Biomass: 6.0 MW Geothermal: 39.0 MW (Utah Contractor) Hydroelectric: 285.0 MW Photovoltaic: 0.0 MW Wind: 0.2 MW

Currently renewable prices for Utah can be estimated at about: Wind ($1,200 per kW) Solar ($2,500 per kW) Nuclear ($2,200 per kW) Coal ($800 per kW) Natural gas ($1,000 per kW) Geothermal ($2,750 per kW) Additional Source

Biomass can be argued as a renewable if a community replants what it burns and switchgrass and hemp may be the best crops for biomass. Palm oil plantations, soybeans, livestock farming, continually consume bio-diversity in forests, source

However, protecting the natural carbon sink by protecting natural ocean and plant fauna from agricultural and other development seems more practical than finding different ways to burn carbon. Corn ethanol threatens water and food supplies.

Geothermal

Geothermal is a promising baseline and can operate continuously unlike wind and solar. Utah has a thinning great basin continental plate to hot dry rock. Geothermal has some water requirements but those needs are not comparable to nuclear or coal plants. Sterling engines are often used with geothermal and solar solutions. source

DRILLING AND WELL FIELD DEVELOPMENT Medium risk Investor Financing Possible Production/injection wells $1.0 to $3.0M each. Production wells provide between 3MW and 30MW One injection well serves two or more production wells Well drilling success averages over 70% 3,000 foot average depth Assume $1.5 M per well 20 MW Nevada project: 7 prod. & 3 inject. wells Budget for 10 wells @3,000 feet depth is $15M Timetable including permitting would be 12 to 18 months Geothermal Development Costs, Example for Ormat (Nevada)

Project development budget: 20MW $5 Million exploration and resource assessment $15 Million well drilling development $30 Million financing soft costs: commitment fees, legal and accounting fees, consultants, interest during construction, debt service and operating reserve. $55 Million total for financed cost provided for construction phase financing, or $220 million for 1GW of power (excluding additional costs of proximity to power lines, etc.). source, Raser Technologies

Solar

Current federal solar funding is going on with the following program. Utah is a promising solar potential as well due to the dry climate and high altitude. Current Solar companies to watch are Abengoa, Heliovolt, Ausra, First Solar, Skyfuel, etc.. There are three main residential installers in Salt Lake, Pioneer Solar, Green Power Solutions, and Greenwood Sustainable Engineering. Additional solar manufacturing report Sun Power.

As of August 2008 there are solar panels on the following Utah schools: University of Utah, BYU, Westminster College, SLCC, East H.S., Ecker Hill Middle School, Entheos Charter Academy. Utah Solar, DOE Solar Challenge

Quick facts: Solar panels operate at about 15% efficiency, plants convert sun at 1% efficiency, and thin film panels (up to 8% efficiency) take up twice the space to get the same energy output as mono and poly crystalline panels. There is currently a 6-8 month industry delay for getting high grade silicon for panels. The computer industry taps the high grade silicon market. Photon International is probably the best source for current developments in the solar world. The optimum efficiency research can obtain in panel technology is thought to be 30%. Some current efficiency studies are being rewarded. Some research is being done to design a new generation of solar cells made from metal sulfides, aimed to overcome solar's current barriers to widespread adoption by using materials that are cheap, non-toxic, and abundant. Source

Hypothetically if all non-shaded residences in Salt Lake City and the U.S. had 5kw+ solutions creating a net-metered back-flow into the grid, the current grid system couldn't handle the allocation of that "extra" energy. Advocates of solar and other sustainables need to add to their cost analysis the transmission factors regarding back-flow. The inter-west WREZ Group is taking into consideration transmission and land procurement for large scale solar thermal projects such as Arizona's Abengoa Source

Wind Power

Lovelock thinks windmills were created to revive German manufacturing.
(April 2008) nine 2.1 MW 300ft towers (150ft rotors) have been installed in American Fork Canyon. These windmills operate in up to 25mph winds and will provide up to 18.9 MW of power, enough energy to supply 3780 - (Blue Sky 02/2009 claims 6000) homes. The rotors shut down in winds above 25mph which will cause the towers to flex up to a foot at the top. The rotor tips can reach 175mph and create a humming noise which alerts bird life. There is an extremely low incident of bird death with modern wind turbines. Flight pathways do play a role in bird deaths. Perching areas on old non-smooth towers attributed mostly to the bird death statistics. The thermal winds of the canyon are steady and ideal for wind generation. Little infrastructure to tap into the grid was necessary. Most large turbine components take maintenance and are purchased abroad. Suzlon Rotor Corporation tried shipping rotors from India for the project but they were lost overboard and damaged at sea in a storm. Suzlon's new plant in Pipestone, Minnesota is providing the remaining rotors for which in the spring 2008 a $17,000 a day crane waited to attach. There is currently a 24 month delay for wind turbines and components and this delay only applies to the biggest contractors.

Most 60-80 meter wind towers with 54 meter rotors can optimally produce 1000 kW at $1000 per kW installed. (Optimally means running 24/7 with optimum constant wind speeds). $1,000,000 per unit installed, to produce 1GW = 1000kWh * 1000 windmills which equals a cost of $1,000,000,000 for intermittent power. For $3-5 billion dollars worth of windmills you could get optimally 3-5 GW of power or 17.5 / (3 + 5)/2 or or 22% the production per comparable cost of a nuclear plant with 2 reactors.

Blue Sky Wyoming based wind power provides 4% of the electricity to 50,000 Salt Lake Metropolitan customers. Current listing of large wind turbine manufacturers (more than 250kw): Source Wikipedia Wind Turbines Source Utah Geologic Survey

Impetus for changing current energy portfolio Psychological Problem:

Utah and the Salt Lake Metropolitan area has abundant renewable resources but currently no technology is exceptional. Small scale renewable efforts should be encouraged because seeing wind mills, solar panels, geothermal projects, Pelamis wave units, netbuoy and tidal technology, dimethylether for cleaner diesel engines, and biomass recycling, such as methane energy from garbage land fills - remind us that energy comes from somewhere and that each energy source has a cost and story associated with it.

Cheap energy seems to cause people to consume more and detach from the hidden costs of consumption such as health bills due to air pollution and other environmental impacts. Visionary perspectives are always left out of fiscal note analysis.

Consciousness towards energy conservation and consumption is a meditation and exercise towards human rights for the 21st century and CO2 can be described as (Kaya formula): CO2 = Population x GDP/population x Energy/GDP x CO2/Energy - sequestration.

Leed construction, smart grid technology, green tops, community gardens, less consumption, smart urban planning, are everyone's responsibility.

Utah Energy Rebates Build Green Utah

Carbon Credits, carbon trading, feed in tariffs, and other policies may benefit and enable current energy providers more so than encouraging a diversification in new energy technologies. Simpler policies like a carbon tax will have a faster and more direct affect on consumerism.

Renewables such as solar may need to reach a 10 cent per kw range before they can challenge existing energy providers. As a startup with newer technology, Ausra faces harder financial challenges. Coal plant builders have been able to count on 80% to 90% debt at an interest rate of 5.5% to 6%. Their equity investors expect about an 11% return on equity. That puts the average cost of capital at about 7%. Since no one has built a giant solar plant, investors demand a risk premium. O'Donnell's equity investors want a richer 20% rate of return. Plus, O'Donnell can get only 50% debt, at an interest rate of 7.5%. As a result, the overall cost of capital for Ausra's first plants is 12%.

The hope, therefore, is that the first few large solar plants show investors that the risk is low, causing the future cost of capital to drop. That would enable Ausra to lower the price below the current 10.4 cents. "Once people build one or two units, the financial risk premium goes away," explains Jim Ferland, senior vice-president at New Mexico utility PNM. Source article

With a 3-9 degree temperature change in the next 100 years, there will be a massive shortage of food and water. It has been projected that 55 million new farmers will be needed. Localization of food sources with home gardening may be a future necessity for survival. Additionally, if each couple had 1 child for the next 100 years the world population will regress towards 1.5 billion, a more manageable human biomass.

As a consciousness is awakened, a person psychologically gravitates more towards problem solving, intellectual curiosity, and the energy of sensitivity. The best minds and knowledge are sought out. Reality becomes stranger and more interesting and inspiring than smoke, mirrors, and distraction.

Materialism tends to distract the process of understanding possibility. In fact materialism can be described as misunderstood sexuality. The struggle to obtain status, grandiose energy sources, wealth, etc., may be just a struggle to have access to women. Regardless, the male ego and sexuality has shown little consistent historical leadership in providing nutrition and vision for society, culture, and children. Sadly, people tend to be so asleep and distracted from problems that metaphors describing facts fail to be persuasive enough to awaken inspiration towards creating soul nutrition by working collectively towards a sustainable future. Often, psychologically it is easier to blame others and live in delusion than to practice individual evolution and consciousness growth.

Giving people green internet consumption choices so that their invasively mined consumption data helps markets react more quickly towards sustainability will help. Source Green Dimes, Plant a Billion Trees, 41 Pounds.

If for every angel there is a demon, understanding the paradox of choices can at least begin to unhook the lack of awareness we have regarding our evolutionary programming and reactionary thinking. Knowing that organisms are either parasites or hosts and often both is a start to a more sensitive and open minded consciousness. Another exercise towards energizing the soul and inspiring change is asking forgiveness for all that we have done and all that we have failed to try to understand and evolve for the better each day - as an exercise of freewill.

Exxon Mobile is possibly the richest corporation/bureaucracy and makes twice as much in profit than its next competitor and has a history of human rights violations and environmental damage. A corporation is a paper entity that exploits people and environments for profit and devalues free markets. An egalitarian localized communal free market system better supports a more sustainable future and personal human growth.

The best things in life are free and beyond narrow minded fiscal note analysis. Money can be wired across the world to a good cause and can create an immediate positive affect. The power and influence of idealism is a renewable resource because karma is real and inspired communication and human growth is possible. For example: in 1989 Alex Grey painted Gaia because his awareness and consciousness were connected to something beyond himself.

Source Gaia
Source KUER
Source KRCL
Source Ecomind Company

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