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Re: pba1969 post# 3781

Wednesday, 11/08/2017 9:00:47 PM

Wednesday, November 08, 2017 9:00:47 PM

Post# of 18500
PBA, If we as Americans what to pay 3X for our energy and 5X for waste disposal, then "green energy" works. If not it fails. Germany has INCREASED their carbon footprint and doubled their cost of energy with "green energy". They have the highest level of AD in the world and it does not work financially. Technically, it is ok, financially a disaster. The USA is way worse. AD without HUGE taxpayer subsidies DONOT Pencil. Same goes for solar and wind. BP thought they could overcome the fiscal hurdles with size and technology. Nope, all failed fiscally. Shareholders want a monetary return on their investment. BP could not give them this return, so they changed their business model to give the investor a return. Not short sighted at all. When and if the technology allows fiscal returns they will re-enter the business. That is why business like Blue Sphere which depend solely on AD are going to have a very difficult time making money. Just an opinion from someone who has been in the AD space far longer than Blue Sphere.