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Comment Re:evidence-based policy (Score 1) 1106

Yes, I agree. If a country increases in size, it should be able to increase the size of its capitol. Bigger country, bigger building. Abolishing capitol gains would eventually result in mismatched building/country ratios, forcing leaders to compensate by inciting wars or worse yet, taxing capital gains.

Comment Re:Oh no (Score 1) 421

The poor are punished by inflation when basic survival increases exceed their wages. It is not a big deal to a millionaire if the price of food goes up by 50% but it is a big deal to a minimum wage worker. The millionaire will be impacted by a slower increase in net wealth while the minimum wage worker faces the choice of homelessness or starvation.

Comment Re:Throwing Electricity away is the right expressi (Score 2) 473

I haven't read the FIT for Germany, but typical FITs only pay when energy is delivered. If the wind stops blowing, the generator is not able to charge for the capacity of the facility during that time.

Power exports are highly volatile and depend on who else is generating at the time and what the demand is at that time. If the majority of exports occurred in the evening, the exporter is likely doing so at or below cost. However, daytime rates are often several times higher than the price at night which would be a gain for the exporter.

The bottom line is that renewables make power trading more volatile but not necessarily more expensive. More generators mean more competition and the potential for lower prices. The power system is very complicated and very hard to characterize.

Comment Re:Could we hear some Germans tell this story? (Score 1) 473

Not quite. Nuclear generates baseload power, meaning that it generates close to the same amount around the clock. It cannot react quickly enough to follow the daily fluctuations, making it unsuitable to be the sole source of power in the grid. Natural gas, hydro dams and to a lesser extent, solar PV can be used to follow load. Because of low prices for natural gas, most of the new generation comes from natural gas turbines and combined cycle facilities. Natural gas has about half the CO2/MWhr of a MWhr generated by coal. Not perfect, but a step in the right direction.

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