Politics and Religion

Economic nonsense in the aftermath of tragedy
willywonka4u 22 Reviews 1362 reads
posted
1 / 17

I didn't realize this, but nuclear power just uses a controlled nuclear explosion to boil water. The water vapor turns turbines. Yes, nuclear power is just a more complicated version of a steam engine.

I have never been so disappointed in human ingenuity then when I found this out. What makes it even more retarded is that all these earthquake prone areas are sitting on faults that would make them ideal locations for geothermal energy. Geothermal produces zero waste, is completely renewable, and is more energy dense than nuclear.

Talk about fucking retarded. But that's capitalism for ya.

willywonka4u 22 Reviews 1703 reads
posted
2 / 17

I never claimed to be a nuclear physicist nicky. However, if this website is to be believed, then fault lines are ideal locations for collecting geothermal energy.

http://www.clean-energy-ideas.com/articles/disadvantages_of_geothermal_energy.html

I would further note that if we now have the technology to do sideways drilling for oil, and do deep sea drilling, I gotta think we can more easily drill for geothermal than we have in the past.

Yes, Chernobyl happened in the Soviet Union. Capitalists decided that it was worth the risk to pursue nuclear power AFTER the Chernobyl disaster.

GaGambler 953 reads
posted
3 / 17

even when you find yourself in agreement with a lying fool, it makes you rethink your own positions. lol

I think one of,(and only one of) Willy's problems in getting his facts straight is it appears that he would pull up a single link on a complex issue and just run with is as if it were the holy grail. If the single source that he bases his entire argument proves to be untrue his entire case evaporates, but he rarely follows the wise advice that "when you find yourself in a hole, quit digging"

I have lost track of the number of Willy's positions, facts and links that have been discredited, but that doesn't slow him down in the slightest, he just continues to pile bullshit right on top of a foundation of more bullshit.

Kind of sucks to have him on "your side", doesn't it?

WannaBeBFE 3 Reviews 3621 reads
posted
4 / 17

Probably thousands of people dead, probably hundreds of thousands left homeless or missing after Japan's earthquake and tsunami, and some people are already talking about the economic "benefits" of this devastation!

Here's a good, clear explanation of why this is JUST DESTRUCTION, not any benefit providing a Keynesian stimulus to the economy:

The keynesian economists I’ve quoted above are not likely guilty of this emotional analysis. Rather, theirs is a peculiar failure of methodology. They are trapped in their own mathematical models and blinded to what economics really is all about. Summers conflates GDP, and specifically Nominal GDP (NGDP), alternatively referred to as “Aggregate Demand”, with healthy economic activity and wealth creation. NGDP is simply an accounting of the transactions over the past quarter or year. Those transactions are, in normal times, signs of exchanges for mutual gain. I trade my $500 for an iPad. I want the iPad more than my $500. Apple wants my $500 more than their iPad. Mutual gain. $500 gets added to NGDP.

Over the long run, NGDP does correlate strongly with real growth and increased material well being, including happiness. But in the short run, the period which is the focus of Keynesian analysis, the spending which makes up NGDP accounting does not necessarily provide an accurate measure of real wealth creation.

For starters, government spending is included in NGDP, even though the funding is extracted from taxpayers in a zero-sum transfer. I certainly don’t want to fund wars and bailouts, yet that is what is done with my money. That is a zero-sum transaction, not wealth creation, and there is dead-weight loss involved which NGDP fails to recognize or subtract. I am not better off for the government taking my money and giving it to Goldman Sachs nor using it to occupy Afghanistan. Governments can and do produce things of value, from roads to schools, but the nature of the transaction is quite different from voluntary trade, and yet it’s just added in to NGDP.

Similar to government spending, the transactions/cost of rebuilding after a catastrophe are also tallied up in NGDP. This is where the fallacy finds its analytical root. Because the clean up efforts in Japan are transactions (or 9/11, or the BP oil spill, or you name it) they are added to NGDP. The destruction of wealth was never SUBTRACTED, however. NGDP doesn’t include the loss or the cost. It also has no means of measuring what was never made instead. This is the “unseen” loss. Instead of rebuilding destroyed schools and neighborhoods, the same work and resources could have gone into the building of NEW ones which would ADD to the existing supply, making the society truly MORE wealthy.

And so, guided by a blind analysis of the economy in terms of simplistic accounting aggregates like NGDP, Keynesians far and wide conclude that destruction and war can, in the words of Larry Summers, gain you “some economic strength”. They’re wrong. Economics is the study of means by which human beings act and choose in pursuit of their own ends within a world of scarcity. Economics isn’t about money. It isn’t (bad) accounting or finance. Larry Summers, Paul Krugman and their intellectual brethren aren’t practicing economics at all when they claim that tsunamis and war stimulate the economy, they’re propegating one of the oldest and most dangerous fallacies in human history…
In other words, they fail to look at the unseen as well as what is seen, as explained in the green jobs thread.

willywonka4u 22 Reviews 1640 reads
posted
5 / 17

"I don't see how geothermal could provide us with enough power to replace nuclear or coal without the technology to drill VERY deep and deal with hot magma itself."

Geothermal doesn't drill deep enough to get down to the hot magma. It drills deep enough to where the magna heats water.

willywonka4u 22 Reviews 1582 reads
posted
6 / 17

Don't blame me for you not being very articulate. What the hell would you want to drill straight into the magma itself for?

inicky46 61 Reviews 1104 reads
posted
7 / 17

First of all, Willy, I'd say the jury's out on nuclear power until we know exactly what happened to the Japanese plants, and why.  
Second, you only just figured out how a nuke plant works?  What planet have you been living on?  Actually, you seem still to have no idea, based on your use of the word "explosion."  Nuclear plants do not work using a controlled explosion.  Instead they use a carefully-regulated nuclear reaction.  There is a big difference.  You could look it up.
As for geothermal,  just because there are fault lines in an area does not  mean geothermal is possible.  You need to be in a place like Hawaii where the magma is close to the surface.
Finally, as for this being the result of capitalism, does Chernobyl ring a bell?  The Soviets did not give a shit about human life, so they built their nuclear plants without a containment vessel.  This is why, when the Chernobyl core melted down it blew radiation into the atmosphere in huge amounts.  But the Japanese plants have strong containment vessels and, while the jury's still out,  it is highly unlikely a Cherobyl-style event is possible there.
Please think before you post. You are giving liberals a bad name.

WannaBeBFE 3 Reviews 1793 reads
posted
8 / 17

You want to blame capitalism for an accident at a nuclear power plant in Japan? When its the government that decides nuclear energy policy?

Recent energy policy: Focus on nuclear

Japan's energy policy has been driven by considerations of energy security and the need to minimise dependence on current imports. The main elements regarding nuclear power are:

   * continue to have nuclear power as a major element of electricity production.
   * recycle uranium and plutonium from used fuel, initially in LWRs, and have reprocessing domestically from 2005.
   * steadily develop fast breeder reactors in order to improve uranium utilisation dramatically.
   * promote nuclear energy to the public, emphasising safety and non-proliferation.

In March 2002 the Japanese government announced that it would rely heavily on nuclear energy to achieve greenhouse gas emission reduction goals set by the Kyoto Protocol. A 10-year energy plan, submitted in July 2001 to the Minister of Economy Trade & Industry (METI), was endorsed by cabinet. It called for an increase in nuclear power generation by about 30 percent (13,000 MWe), with the expectation that utilities would have 9 to 12 new nuclear plants operating by 2011.

At present Japan has 54 reactors totalling 46,102 MWe (net) on line, with two (2756 MWe) under construction and 12 (16,532 MWe) planned.  In 2010 the first of those now operating reached their 40-year mark, at which stage some may close down. However, JAPC obtained approval for its small Tsuruga unit 1 to continue to 2016, due to 2 x 1538 MWe new capacity at that site being delayed. Then Kansai applied for a 10-year licence extension from November 2010 for its Mihama-1. NISA approved Kansai's long-term maintenance and management policy for the unit and granted a life extension accordingly, which was then agreed by local government.

In June 2002, a new Energy Policy Law set out the basic principles of energy security and stable supply, giving greater authority to the government in establishing the energy infrastructure for economic growth. It also promoted greater efficiency in consumption, a further move away from dependence on fossil fuels, and market liberalisation.

In November 2002, the Japanese government announced that it would introduce a tax on coal for the first time, alongside those on oil, gas and LPG in METI's special energy account, to give a total net tax increase of some JPY 10 billion from October 2003. At the same time METI would reduce its power-source development tax, including that applying to nuclear generation, by 15.7% - amounting to JPY 50 billion per year. While the taxes in the special energy account were originally designed to improve Japan's energy supply mix, the change is part of the first phase of addressing Kyoto goals by reducing carbon emissions. The second phase, planned for 2005-07, was to involve a more comprehensive environmental tax system, including a carbon tax.

These developments, despite some scandal in 2002 connected with records of equipment inspections at nuclear power plants, paved the way for an increased role for nuclear energy.

In 2004 Japan's Atomic Industrial Forum released a report on the future prospects for nuclear power in the country. It brought together a number of considerations including 60% reduction in carbon dioxide emissions and 20% population reduction but with constant GDP. Projected nuclear generating capacity in 2050 was 90 GWe. This means doubling both nuclear generating capacity and nuclear share to about 60% of total power produced. In addition, some 20 GW (thermal) of nuclear heat will be utilised for hydrogen production. Hydrogen is expected to supply 10% of consumed energy and 70% of this will come from nuclear plants.

In July 2005 the Atomic Energy Commission reaffirmed policy directions for nuclear power in Japan, while confirming that the immediate focus would be on LWRs. The main elements are that a "30-40% share or more" shall be the target for nuclear power in total generation after 2030, including replacement of current plants with advanced light water reactors. Fast breeder reactors will be introduced commercially, but not until about 2050. Used fuel will be reprocessed domestically to recover fissile material for use in MOX fuel. Disposal of high-level wastes will be addressed after 2010.

In April 2006 the Institute of Energy Economics Japan forecast for 2030 that while primary energy demand will decrease 10%, electricity use will increase and nuclear share will be 41%, from 63 GWe of capacity. Ten new units would come on line by 2030 and Tsuruga-1 would be retired.

In May 2006 the ruling Liberal Democratic Party urged the government to accelerate development of fast breeder reactors (FBRs), calling this "a basic national technology". It proposed increased budget, better coordination in moving from R&D to verification and implementation, plus international cooperation. Japan is already playing a leading role in the Generation IV initiative, with focus on sodium-cooled FBRs, though the 280 MWe (gross) Monju prototype FBR remained shut down until May 2010.

In April 2007 the government selected Mitsubishi Heavy Industries (MHI) as the core company to develop a new generation of FBRs. This was backed by government ministries, the Japan Atomic Energy Agency (JAEA) and the Federation of Electric Power Companies of Japan. These are concerned to accelerate the development of a world-leading FBR by Japan. MHI has been actively engaged in FBR development since the 1960s as a significant part of its nuclear power business.

METI's 2010 electricity supply plan shows nuclear capacity growing by 12.94 GWe by 2019, and the share of supply growing from 2007's depressed 262 TWh (25.4%) to about 455 TWh (41%) in 2019.
We still have a lot to learn about how bad the explosion and radiation release was, anyway, so you are rushing to judgment.

As for geothermal, it requires the drilling of shafts which often emit sulfur fumes. No form of energy is entirely safe, and you are wrong about the zero waste. I doubt much of what you know about geothermal energy is correct.

WannaBeBFE 3 Reviews 1569 reads
posted
9 / 17

And of course your post has nothing to do with the OP, except the location.

WannaBeBFE 3 Reviews 1190 reads
posted
10 / 17

That's your big problem, willy. You make assumptions based on inadequate information, and always come back to blaming capitalism, even in industries where government control dominates, and even where there is no evidence, yet, for anything to blame on anyone.

Do you know WHAT KIND of faults are good for drilling? What kind of locations? How common such locations are? How much better drilling techniques have expanded such sites?

I don't see how geothermal could provide us with enough power to replace nuclear or coal without the technology to drill VERY deep and deal with hot magma itself. I don't know if that is even possible.

You have already proven your ignorance of the subject, yet you have the arrogance to criticize the work of people who are actually out there working in the field on these subjects. You were surprised to learn the nuclear power plants convert the heat of a nuclear reaction to electricity through steam? What did you expect? Some 24'th century technology that turns neutrons into electrons? Maybe you should ask Scottie or Geordi.

So try to learn something about a subject before you shoot off your mouth!

inicky46 61 Reviews 1437 reads
posted
12 / 17

You've mis-read your own article.  It actually says that while fault lines are one place you MAY find geothermal there are also other criteria such as hot spots.  Note that Hawaii, which I mentioned, is exactly such a hot spot.  It does not automatically follow that the fault in question has any promise for geo-thermal, especially since it is miles offshore.  There may be other areas of promise in Japan for geo-thermal but this isn't one of them.
I don't doubt that, in general, we are better able to drill for geo-thermal energy.
Re you last point, it seems you are Willy-fully ignoring the main point in my post re Chernobyl.  It lacked a containment vessel, and like all Soviet reactors, was an accident waiting to happen.  No similar accident, even Three Mile Island (which also had a containment vessel) came remotely close to it. The Japanese reactors that have suffered some level of melt-down also have containment vessels and are expected to be able to cope with it.  We'll see.  But comparing them to Chernobyl is like comparing a Mercedes to a Model T.
A final point, at least as to your dates.  Chernobyl took place in 1986, while the Japanese plants in question were designed and built in the 1970s.
This is easy stuff to check, Willy, and not doing it damages your already shakey credibility.

-- Modified on 3/13/2011 3:22:50 PM

WannaBeBFE 3 Reviews 1301 reads
posted
13 / 17

Please read what I actually wrote. Read that again.

I know that present geothermal energy works by drilling to water heathed by magma. I was speculating about how it MIGHT work in the future.

Hear that? Speculating. Might.

You and your rush judgments.

inicky46 61 Reviews 1306 reads
posted
14 / 17

When Willy spouts bullshit, I call "bullshit."  Then again, occasionally he's right, as in the old adage: "Sometimes even a blind squirrel finds a nut."  Shit, I've even managed to agree on rare occasions with dncphil, who often takes his right-wing views through such twisted leaps of "logic" that you can read a newspaper right through his slices of baloney!  LOL!
And, by the way, when I agree with YOU I DO worry about it! lmao!

-- Modified on 3/13/2011 3:31:54 PM

WannaBeBFE 3 Reviews 2031 reads
posted
15 / 17

More like comparing a Volvo, the safest model Western capitalism can build, to the Trabant.

inicky46 61 Reviews 1780 reads
posted
16 / 17

Ah, the Trabant!  Haven't heard of one in years.  I remember reading about them as an object of ridicule in Car & Driver.

WannaBeBFE 3 Reviews 1384 reads
posted
17 / 17

I was SPECULATING about possible future technology. I made that VERY CLEAR.

Maybe I should just use smaller words, so you can understand.

Oops. I used a big word, "understand". Maybe "speculating" is too big a word for you, too.

Here is my exact quote which you misread:

"I don't see how geothermal could provide us with enough power to replace nuclear or coal without the technology to drill VERY deep and deal with hot magma itself. I don't know if that is even possible. "

If you can't understand how that is SPECULATING about possible future technology, there is no hope for you.

Why drill into the magma itself? To get to that energy density greater than nuclear power you were talking about, and maybe use that to replace nuclear and coal.

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