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Stagflation looming? - 2/26/2008 4:57:55 PM   
Level


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quote:


WASHINGTON - In more bad economic news, consumer confidence and home prices posted sharp declines while higher costs for such basics as food and energy left wholesale inflation rising at the fastest pace in a quarter-century.



The new reports Tuesday raised the threat of a return of "stagflation," the economic curse of the 1970s in which economic growth stagnates at the same time that inflation continues racing ahead.



The 1 percent January jump in wholesale prices was led by a surge in the prices of energy, food and prescription drugs and followed a report last week that consumer prices had risen by a bigger-than-expected 0.4 percent because of price pressures in the same areas.


http://www.msnbc.msn.com/id/23349559

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RE: Stagflation looming? - 2/26/2008 5:01:06 PM   
Sinergy


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I cant wait for people to start blaming Jimmy Carter.

Sinergy


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RE: Stagflation looming? - 2/26/2008 7:41:03 PM   
Sanity


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Higher energy prices and higher food prices are to blame, according to the article. SO - who is pushing the biofuels craze, and who is working overtime to ensure we don't open up any new oil fields or refineries. Republicans?

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RE: Stagflation looming? - 2/26/2008 7:47:59 PM   
Sinergy


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quote:

ORIGINAL: Sanity

SO - who is pushing the biofuels craze,

and who is working overtime to ensure we don't open up any new oil fields or refineries. Republicans?



Yes to the first one.  Go see "Who killed the Electric Car," read about Ethanol development, or do an internet search on the idiocy of the hydrogen fuel cell vehicle.

And technically no to the second.  Republicans are just making sure we bomb the crap out of the ones in places like, say, Iraq, making sure places like Venezuala are insulted enough to sell their stuff to the Chinese or to us in Euros, or doing nothing to rebuild them or protect the ones we already have.  E.g.  New Orleans.

You will have to work harder to pin this one on Carter, but I have faith in you.

Sinergy


_____________________________

"There is a fine line between clever and stupid"
David St. Hubbins "This Is Spinal Tap"

"Every so often you let a word or phrase out and you want to catch it and bring it back. You cant do that, it is gone, gone forever." J. Danforth Quayle


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RE: Stagflation looming? - 2/26/2008 8:00:30 PM   
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Say your fantasy came alive, and everyone was driving electric cars that couldn't get you to the Nevada border from where you are. How would we have charged them over the years, with more nuclear plants, coal plants, or oil-fired plants... remember, affordable solar is barely now coming online, and wind plants are considered only marginally workable.

You can also blame trial lawyers like John F. Edwards for high prescription drug costs.

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RE: Stagflation looming? - 2/26/2008 8:05:39 PM   
Sanity


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Oh, and can we put the lead smelters we would need for all the batteries in your back yard? What about the strip mines, too. Where will they go.

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RE: Stagflation looming? - 2/26/2008 8:14:48 PM   
Sinergy


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quote:

ORIGINAL: Sanity

Say your fantasy came alive, and everyone was driving electric cars that couldn't get you to the Nevada border from where you are.



As opposed to, say, the gas powered vehicles that cannot get me from the Nevada border to where I am now.

quote:



How would we have charged them over the years, with more nuclear plants, coal plants, or oil-fired plants... remember, affordable solar is barely now coming online, and wind plants are considered only marginally workable.



Well, the EV went about 340 miles between charges, and took 30 minutes or so to recharge.  On an infrastructure that already existed.

Keep working at it, I know you can blame Carter.

quote:



You can also blame trial lawyers like John F. Edwards for high prescription drug costs.



What exactly does this have to do with Stagflation?

Or is it simply an attempt to change the subject to one you might not look like a complete Tool of the Man discussing?

Sinergy

p.s.  I have to say, getting 380 miles on an 11 gallon tank of gas in my Yaris is very addictive.  I am probably going to be going to Santa Rosa and buying a Xebra in a few months.  240 miles between charges for a plug in electric vehicle.  It is the right wingers that keep working as hard as they can to screw the pooch.  No matter how much you click your ruby slippers together and say "I want to vote Republican, I want to vote Republican," the physics of supply will eventually sink your argument that oil power is the wave of the future.


_____________________________

"There is a fine line between clever and stupid"
David St. Hubbins "This Is Spinal Tap"

"Every so often you let a word or phrase out and you want to catch it and bring it back. You cant do that, it is gone, gone forever." J. Danforth Quayle


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RE: Stagflation looming? - 2/26/2008 8:16:42 PM   
bipolarber


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Finger pointing, and bitching. That's all it is. You're so busy trying to figure out who to blame, you don't spend any time thinking about how to get out of it. We're all in some pretty deep shit these days, and conservative radio has us trained to go for each others throats.

Later this year, a new two cylinder turbo diesel car is coming on the american market. It gets 150 miles a gallon, and can cruise drom coast to coast on a single tank of leftover cooking grease, if the owner so desires. As one of the other posters has said, solar is now becoming affordable.

How much you want nuke plants in your back yard depends on how desperate you are for the energy. Personally, I don't care how "safe" the people building them (thus profiting from them) say they are. I would be impressed if they were forced to live near their own plants. But I digress...

The solutions to our problems are there, or can be developed. But we're going to go through some difficult times while we transition.

The economy is just suffering from the fiscal abuses brought on by Regan, Bush 1 and now Bush 2. Between the three of them, they have doubled the national debt from 4 trillion dollars to almost 9 trillion dollars, in less than 20 years. (I don't count Clinton's 8 years, because he left office with a budget surplus.)  "Junior" is fighting his war against the wrong country with money borrowed from China. He sold us down the river for his own profit. Gee, you don't suppose he and his oil company family, and his vampire cabinet buddies, are making money off this gas gouging, do you?

The important thing at this point is to wake up, see the problem, what caused them, and not make the same mistakes again. Vote Democratic.

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RE: Stagflation looming? - 2/26/2008 8:22:00 PM   
Sanity


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Tool of man? Sinking to attempted insults now, in desperation, Sinergy?

Nice.

Read the OP to see what prescription drugs have to do with the topic at hand.

quote:

ORIGINAL: Sinergy
quote:



You can also blame trial lawyers like John F. Edwards for high prescription drug costs.



What exactly does this have to do with Stagflation?

Or is it simply an attempt to change the subject to one you might not look like a complete Tool of the Man discussing?

Sinergy


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RE: Stagflation looming? - 2/26/2008 8:25:43 PM   
Sinergy


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quote:

ORIGINAL: Sanity

Tool of man? Sinking to attempted insults now, in desperation, Sinergy?



I apologize for calling it like I see it.

But most posts I read from you are simply your attempts to inarticulately insult the left wing for the outcomes of the insane incompetence of the last 7 years of the Dipshit in Chief and the part of that which was overseen by the worst Congress in history.

However, getting back to the point I made.  Please clarify your point about the EV not getting me from Nevada to Long Beach whereas a gas vehicle wont do it either.

I am simply trying to understand your lucid dissertations on the physics and economics of continuing republican policies.

Sinergy


_____________________________

"There is a fine line between clever and stupid"
David St. Hubbins "This Is Spinal Tap"

"Every so often you let a word or phrase out and you want to catch it and bring it back. You cant do that, it is gone, gone forever." J. Danforth Quayle


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RE: Stagflation looming? - 2/26/2008 8:38:07 PM   
Griswold


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quote:

ORIGINAL: Level

quote:


WASHINGTON - In more bad economic news, consumer confidence and home prices posted sharp declines while higher costs for such basics as food and energy left wholesale inflation rising at the fastest pace in a quarter-century.



The new reports Tuesday raised the threat of a return of "stagflation," the economic curse of the 1970s in which economic growth stagnates at the same time that inflation continues racing ahead.



The 1 percent January jump in wholesale prices was led by a surge in the prices of energy, food and prescription drugs and followed a report last week that consumer prices had risen by a bigger-than-expected 0.4 percent because of price pressures in the same areas.


http://www.msnbc.msn.com/id/23349559


7 posts, it degrades from the original post.

$20 bucks.

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RE: Stagflation looming? - 2/26/2008 8:44:48 PM   
Sinergy


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quote:

ORIGINAL: Griswold

quote:

ORIGINAL: Level

quote:


WASHINGTON - In more bad economic news, consumer confidence and home prices posted sharp declines while higher costs for such basics as food and energy left wholesale inflation rising at the fastest pace in a quarter-century.



The new reports Tuesday raised the threat of a return of "stagflation," the economic curse of the 1970s in which economic growth stagnates at the same time that inflation continues racing ahead.



The 1 percent January jump in wholesale prices was led by a surge in the prices of energy, food and prescription drugs and followed a report last week that consumer prices had risen by a bigger-than-expected 0.4 percent because of price pressures in the same areas.


http://www.msnbc.msn.com/id/23349559


7 posts, it degrades from the original post.

$20 bucks.


Not really.  The driving impetus fueling the stagflation revolves around the driving down of interest rates, the insane borrowing from people like the Chinese to pay for a war, the failure to maintain and improve the infrastructure in the face of things like hurricanes, etc., and an unwillingness to use any of those expenditures to overcome a rapidly depleting energy resource by those in power.

Oddly enough, the similarities between today and the 1970s are very similar.

Deficit spending to support a war we should never have been in in the first place.

Corporate welfare paying huge amounts of our gross national product to support large corporate defense industries.

Cutting of interest rates and rapid inflation.

The rapid rise in oil prices.

Failure to fix an economy predicated on cheap supplies of an energy source we did not control.

Etc.

Sinergy


_____________________________

"There is a fine line between clever and stupid"
David St. Hubbins "This Is Spinal Tap"

"Every so often you let a word or phrase out and you want to catch it and bring it back. You cant do that, it is gone, gone forever." J. Danforth Quayle


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RE: Stagflation looming? - 2/26/2008 8:46:41 PM   
Sanity


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It's an insult to the left to ask who is trying to stop new oil fields from opening, and to ask who is pushing biofuels?

Since when.

The left was once proud of those efforts.

Not today though, I take it.

And in what way am I being inarticulate, Sinergy. Or was that merely another attempted insult, made out of sheer desperation on your part.

quote:

ORIGINAL: Sinergy

quote:

ORIGINAL: Sanity

Tool of man? Sinking to attempted insults now, in desperation, Sinergy?



I apologize for calling it like I see it.

But most posts I read from you are simply your attempts to inarticulately insult the left wing for the outcomes of the insane incompetence of the last 7 years of the Dipshit in Chief and the part of that which was overseen by the worst Congress in history.

However, getting back to the point I made.  Please clarify your point about the EV not getting me from Nevada to Long Beach whereas a gas vehicle wont do it either.

I am simply trying to understand your lucid dissertations on the physics and economics of continuing republican policies.

Sinergy



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RE: Stagflation looming? - 2/26/2008 8:46:49 PM   
domiguy


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stagflation....Is this where you blow a male deer?

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RE: Stagflation looming? - 2/26/2008 8:54:29 PM   
Sinergy


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quote:

ORIGINAL: Sanity

The left was once proud of those efforts.



The left was proud of our efforts in alternative energy sources like solar, and wave, and energy conservation.

Then you have the biofuels like hydrogen which are insanely expensive, untested, unworkable, and require huge amounts of fossil fuels to create, and ethanol which is largely untested, profitable for large corporations, unmade, remove a small percentage of the fossil fuels we are already using.  These are the biofuels championed by the Right.

Please clarify which one you are discussing, rather than attempting to ask me to defend a straw man's argument.

Also, please clarify your comment about driving from Nevada to Redondo Beach because it seems like an obtuse non-sequiter to me and I am really interested in your lucid reasoning.

Sinergy


_____________________________

"There is a fine line between clever and stupid"
David St. Hubbins "This Is Spinal Tap"

"Every so often you let a word or phrase out and you want to catch it and bring it back. You cant do that, it is gone, gone forever." J. Danforth Quayle


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RE: Stagflation looming? - 2/27/2008 5:15:42 AM   
Sanity


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Hydrogen isn't a biofuel! What do you think that the "bio" part of the word "biofuel" means, exactly?

The viability of hydrogen fuel is a whole new topic, a topic which I'm not going to argue about with you here.

Biofuels however are directly on-topic because the OP discusses inflation due primarily to higher food, fuel and pharmaceutical prices.

Biofuels are becoming increasingly popular especially because of the Global Warming scaremongers and because of the high price of traditional fuels. The big problem with biofuels is that they require vast amounts of farmland to produce them, and they're therefore a major reason food prices are increasing worldwide - crowding especially the poorest people out of the food market.

A gasoline or a deisel car can make it to the Nevada border with only a few minutes to refuel, if it had to refuel at all. Your electric car would take hours to charge along the way, that was my original point in that argument. Despite all your conspiracy theories, if the electric car were viable they would rule the market by now but they're not, so they don't.

We have the ability to pump fuel right out of the ground and, with only a little bit of refining, we can heat grandma's house with it and allow her to drive to the store and buy something other than Alpo dog food to eat. My contention is that the Left is working overtime to insure that we don't open up any new known oil fields or break ground on new refineries and so much of the blame for the problems cited in Levels' OP can indeed be laid at the feet of people like Jimmuh Cattah.

quote:

ORIGINAL: Sinergy
The left was proud of our efforts in alternative energy sources like solar, and wave, and energy conservation.

Then you have the biofuels like hydrogen which are insanely expensive, untested, unworkable, and require huge amounts of fossil fuels to create, and ethanol which is largely untested, profitable for large corporations, unmade, remove a small percentage of the fossil fuels we are already using.  These are the biofuels championed by the Right.

Please clarify which one you are discussing, rather than attempting to ask me to defend a straw man's argument.

Also, please clarify your comment about driving from Nevada to Redondo Beach because it seems like an obtuse non-sequiter to me and I am really interested in your lucid reasoning.

Sinergy



< Message edited by Sanity -- 2/27/2008 6:07:26 AM >


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RE: Stagflation looming? - 2/27/2008 6:47:47 AM   
Sinergy


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quote:

ORIGINAL: Sanity

Bio
fuels however are directly on-topic because the OP discusses inflation due primarily to higher food, fuel and pharmaceutical prices.

Biofuels are becoming increasingly popular especially because of the Global Warming scaremongers and because of the high price of traditional fuels. The big problem with biofuels is that they require vast amounts of farmland to produce them, and they're therefore a major reason food prices are increasing worldwide - crowding especially the poorest people out of the food market.



We are arguing the same point.

All biofuels do is allow us to prevent energy armageddon by a few months to a year, similar to opening ANWAR, and despite the fact that Willy Nelson drives Biofuel it is championed by agribusiness, not the left, because the Right refuses to give up their record profits as petroleum becomes more and more scarce.

If it had not been for Standard oil destroying the rail car system in California, and preventing any effort to build a feasible mass transit system, Los Angeles might have a system similar to BART.

quote:



A gasoline or a deisel car can make it to the Nevada border with only a few minutes to refuel, if it had to refuel at all. Your electric car would take hours to charge along the way, that was my original point in that argument. Despite all your conspiracy theories, if the electric car were viable they would rule the market by now but they're not, so they don't.



How much do you actually know about the EV, and specifically the battery they used?

They could be quick charged in minutes and would go 300 miles, which is why the auto manufacturers never sold them and took them to the desert to be crushed.

With charging stations you pull in to a charging station, hook up, drink a cup of coffee, and drive onwards.

quote:



We have the ability to pump fuel right out of the ground and, with only a little bit of refining, we can heat grandma's house with it and allow her to drive to the store and buy something other than Alpo dog food to eat.



We have the ability.  Whether there is oil available to pump in 10 years is an entirely different question. It is that question the Right refuses to deal with or accept because it gets in the way of corporate profits.

Some people like to anticipate problems and have solutions in place to deal with them prior to it becoming a crisis.  These are the people who are referred to derogatorily as Leftists or Liberals by many of those on the right.

I like to think of myself as a progressive, looking to the future, and not hidebound doing the same psychotic approach that did not work before under the insane notion it might work if I keep doing it.

Sinergy




_____________________________

"There is a fine line between clever and stupid"
David St. Hubbins "This Is Spinal Tap"

"Every so often you let a word or phrase out and you want to catch it and bring it back. You cant do that, it is gone, gone forever." J. Danforth Quayle


(in reply to Sanity)
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RE: Stagflation looming? - 2/27/2008 6:58:42 AM   
LadyEllen


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If we're talking about the ridiculous strategy of relying on oil and shooting down the ideas of biofuel (equally ridiculous for other reasons), electric vehicles and hydrogen powered vehicles, maybe we could also look at shooting down the idea of the French company for a vehicle running on compressed air?

Whats fascinating about this is that it performs like a car fuelled from oil products - and uses an existing technology found everywhere and easy to install anywhere, to refuel - compressed air. Emissions are - air, the vehicle makes no sound at all. The compressed air is sent through to the engine, turning the pistons and turning the wheels.

Now I see huge domestic potential for such engines too. What if every home had such an engine installed in it? Eventually we would put in the infrastructure to pipe compressed air to the engines, just like we now have gas mains, but in the meantime we would have weekly deliveries of fresh compressed air tanks to keep the engines running - the cylinders being recyclable they could go round and round the system.

Our domestic compressed air engine would work the same as in the car - the air would turn the pistons and that would be turned into electricity to heat and light our homes.

Yes, there is still the problem of generating power by other means somewhere, to compress the air into the cylinders - but with the few nuclear plants we have now, which would not be needed to produce electricity for the mains, we could put the compressed air plant next to them and use their output to fill the cylinders.

No new energy plants needed, no need for plants burning fossil fuels, and the reliance on fossil fuels generally eliminated as far as energy goes, because our vehicles and our homes would be powered by compressed air engines, fuelled by way of existing nuclear power plants.

Such a new means of powering vehicles and homes would represent a huge market - so boosting the economy out of the mess we're all in. The power company continues to exist and switches over to filling cylinders and perhaps delivering them, rather than delivering electricity by the mains - no need for job losses here. The oil companies continue to exist but shrink to supplying oil derived chemicals to the plastics and chemical industries. And we get out of relying on oil - which is sensible from the geo-political point of view, even if we reject the idea of man made global warming - and we reduce pollution.

E

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RE: Stagflation looming? - 2/27/2008 7:04:15 AM   
Sanity


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From: Nampa, Idaho USA
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Actually, you are dreaming and you're fingerpointing.

You're too worried that Carter will get the blame, too worried that Republicans won't get the blame, to think realistically about the problem.

If your EV were truly viable we'd be using it or something similar. It's merely a delusion, a fantasy, a far-out conspiracy theory.

We need real solutions NOW while the energy of the future is being developed. Ranting about Republicans and corporate profits won't help the people who are really starving and who are really cold right now. Open up the Arctic for drilling. Open up the coasts off of California, Florida, Lousiana, and so on.

There is a lot of oil remaining, the choice to leave it sitting is harming low income people a hell of a lot more than it's hurting corporations or whoever or whatever else your favorite boogiman happens to be at the moment.

quote:

ORIGINAL: Sinergy
We are arguing the same point.

All biofuels do is allow us to prevent energy armageddon by a few months to a year, similar to opening ANWAR, and despite the fact that Willy Nelson drives Biofuel it is championed by agribusiness, not the left, because the Right refuses to give up their record profits as petroleum becomes more and more scarce.

If it had not been for Standard oil destroying the rail car system in California, and preventing any effort to build a feasible mass transit system, Los Angeles might have a system similar to BART.

quote:



A gasoline or a deisel car can make it to the Nevada border with only a few minutes to refuel, if it had to refuel at all. Your electric car would take hours to charge along the way, that was my original point in that argument. Despite all your conspiracy theories, if the electric car were viable they would rule the market by now but they're not, so they don't.



How much do you actually know about the EV, and specifically the battery they used?

They could be quick charged in minutes and would go 300 miles, which is why the auto manufacturers never sold them and took them to the desert to be crushed.

With charging stations you pull in to a charging station, hook up, drink a cup of coffee, and drive onwards.

quote:



We have the ability to pump fuel right out of the ground and, with only a little bit of refining, we can heat grandma's house with it and allow her to drive to the store and buy something other than Alpo dog food to eat.



We have the ability.  Whether there is oil available to pump in 10 years is an entirely different question. It is that question the Right refuses to deal with or accept because it gets in the way of corporate profits.

Some people like to anticipate problems and have solutions in place to deal with them prior to it becoming a crisis.  These are the people who are referred to derogatorily as Leftists or Liberals by many of those on the right.

I like to think of myself as a progressive, looking to the future, and not hidebound doing the same psychotic approach that did not work before under the insane notion it might work if I keep doing it.

Sinergy





< Message edited by Sanity -- 2/27/2008 7:12:38 AM >


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RE: Stagflation looming? - 2/27/2008 7:10:59 AM   
Sanity


Posts: 22039
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From: Nampa, Idaho USA
Status: offline
Nobody's talking about "shooting down" good alternatives, that whole notion is ridiculous. We rely on oil because it's good, cheap, plentiful fuel. The fact that Liberals won't allow us to touch our vast reserves is a problem to be sure, but there is enough oil remaining to safely get us through until more nuclear plants can be built, or more solar panels can be manufactured. It's the transition phase that's being discussed, how to do it smoothly so that more people don't have to suffer due to Global Warming extremists' incessant witch trials.

quote:

ORIGINAL: LadyEllen

If we're talking about the ridiculous strategy of relying on oil and shooting down the ideas of biofuel (equally ridiculous for other reasons), electric vehicles and hydrogen powered vehicles, maybe we could also look at shooting down the idea of the French company for a vehicle running on compressed air?

Whats fascinating about this is that it performs like a car fuelled from oil products - and uses an existing technology found everywhere and easy to install anywhere, to refuel - compressed air. Emissions are - air, the vehicle makes no sound at all. The compressed air is sent through to the engine, turning the pistons and turning the wheels.

Now I see huge domestic potential for such engines too. What if every home had such an engine installed in it? Eventually we would put in the infrastructure to pipe compressed air to the engines, just like we now have gas mains, but in the meantime we would have weekly deliveries of fresh compressed air tanks to keep the engines running - the cylinders being recyclable they could go round and round the system.

Our domestic compressed air engine would work the same as in the car - the air would turn the pistons and that would be turned into electricity to heat and light our homes.

Yes, there is still the problem of generating power by other means somewhere, to compress the air into the cylinders - but with the few nuclear plants we have now, which would not be needed to produce electricity for the mains, we could put the compressed air plant next to them and use their output to fill the cylinders.

No new energy plants needed, no need for plants burning fossil fuels, and the reliance on fossil fuels generally eliminated as far as energy goes, because our vehicles and our homes would be powered by compressed air engines, fuelled by way of existing nuclear power plants.

Such a new means of powering vehicles and homes would represent a huge market - so boosting the economy out of the mess we're all in. The power company continues to exist and switches over to filling cylinders and perhaps delivering them, rather than delivering electricity by the mains - no need for job losses here. The oil companies continue to exist but shrink to supplying oil derived chemicals to the plastics and chemical industries. And we get out of relying on oil - which is sensible from the geo-political point of view, even if we reject the idea of man made global warming - and we reduce pollution.

E


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Inside Every Liberal Is A Totalitarian Screaming To Get Out

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