Edwynn -> RE: Japan to pioneer universal solar power (5/26/2011 10:28:10 AM)
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~FR~ quote:
From the article: "But solar panel prices are on the decline, and if houses and buildings are more effectively insulated, initial investments would be paid back in eight years or so, instead of 15 to 20 years currently, Mitsubishi Research's Komiyama said." Translation: Solar takes 15-20 years to pay back its initial cost. Effective insulation alone, which should cost next to nothing compared to solar, will save just as much money. Boy, now that's some smart thinking, isn't it? Firstly, truly good and effective insulation costs far from 'next to nothing,' and the very sentence alluded to also explains that solar costs are ever being reduced, which would tell most people that the comparison in cost today is not to be held as valid when considering an eight, twenty, twenty-five year time span. And then claiming that reducing the time of cost recovery in half is not worth pursuing because using one method alone equates to the other over the course of 15-20 years. No, I am not getting that one at all. Somehow I think that this line of simplistic 'reasoning' is what pervades the decision making process at the highest levels, and along with the current energy paradigm vested interests' vigorous antagonism towards any detraction from business as usual explains the snail's pace obtaining here. More solar, more wind power, more shoreline wave energy, more co-generation plants, ever improving energy cell technology, and most especially, better materials science for reducing weight and better manufacturing process to reduce energy usage are what's coming down the pike. The progress can be (and is being) slowed, but it cannot be stopped. With the onset of these new methods, the current beneficiaries of the oil depletion allowance, the corn ethanol subsidies, the carbon credits scam (much benefit of which finds its way to agro-chem companies), will see these and other fluffy money pillows reduced, so no surprise that they and their whore congressmen will fight it every step of the way. Oh yeah, more breathable air and drinkable water, less toxic (expensive) cleanups; almost forgot about those little items. When doing an economic analysis, one cannot pick and chose costs, they must all be accounted for for any estimation to be valid.
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