I can't see anybody putting up the finance in the current climate, not least because it is so difficult to obtain supplies. Upthread is a report on the Isle of Grain Terminal in the UK. Up until June they had only managed to source 10% of their requirements because they were being outbid for tanker loads from Qatar by Asian buyers.Originally Posted by wombat
From an Energy Security perspective LNG is not a solution.
..
.
"Always do right. This will gratify some people and astonish the rest." Mark Twain
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” Napoléon Bonaparte
I was fairly dubious about it but since it was private money that was involved, I assumed it was a viable commercial scheme.
Regarding energy security, the best plan, short term, is conservation with the best return on investment coming from improving insulation. Its not sexy but its very effective.
The idea of shipping gas all round the world, is no different to shipping oil. There is a market, and you have to pay the market price. I don't see the problem. We need as diverse a supply of energy as possible.
What a pity Gawd didn't leave any for us ,off of our west coast
civilisation is one shopping troll ey deep
Shipping Oil was a good idea in the days when supply exceeded demand.
With Gas, demand far exceeds supply. Previously, if you had access to a pipeline you were grand. If you are bidding against all and sundry for the highly mobile tankers of LNG then you are on a hiding to nothing.
I'd prefer a secure supply to a diverse supply, and an indigenous supply is better than having to send money out of the economy to import an ever more expensive commodity.
..
.
"Always do right. This will gratify some people and astonish the rest." Mark Twain
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” Napoléon Bonaparte
We need to build a nuclear station as soon as possible. We should have built Carnsore Point years ago - and ignored the hippy beardy weirdy objectors.
Why?
Our biggest problem is liquid transport fuels, +/-40% of our energy consumption. How would a Nuke solve that?
We can generate all our electricity requirement from other sources, and we can meet all our space heating from other sources - particularly if we put in place an effective energy conservation strategy.
A Nuke would be an extremely expensive white elephant which - even if it worked - wouldn't actually do anything to address the actual problem we face.
Those hippy beardy weirdy types should be thanked for saving the taxpayer billions - think eVoting x 1000.
..
.
"Always do right. This will gratify some people and astonish the rest." Mark Twain
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” Napoléon Bonaparte
I don't think so. According to the US DoE.
Despite high rates of increase in natural gas consumption, particularly over the past decade, most regional reserves-to-production ratios are substantial. Worldwide, the reserves-to-production ratio is estimated at 63 years [9]. By region, the highest ratios are about 48 years for Central and South America, 78 years for Russia, 79 years for Africa, and more than 100 years for the Middle East.
Heck no. And I say that as one who does not disagree with nuclear power.
The Carnsore plant was not the best design. If you're going to build a nuke plant, build a modern design.
The enemy of my enemy is the enemy of my enemy. There are lies, damn lies and Fine Gael confusions. "I don't understand." Alan "it's only 79 punts" Shatter
Also, you have to acknowledge that a lot of people who previously thought nuclear power wasn't a good idea, might have changed their minds.
LinkBack URL
About LinkBacks
Reply With Quote