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Comment Re:So? (Score 1) 181

by wtvrtje (#65513694) Attached to: Jamie Dimon's Blunt Message for Europe: 'You're Losing'
yes, and don't forget: the average time a US dad spends together with is kids is 20 minutes per day. Included meals, watching TV, not to mention 'quality time' together: helping with homework, watching the kid doing sports or theatre, making music together or whatever. Wow, what a nice 'lifestyle', but yes, GREAT GDP!

Comment they are just protecting their stranded assets (Score 0, Troll) 81

by wtvrtje (#64813695) Attached to: World's Biggest Banks Pledge Support For Nuclear Power
As these banks are heavily invested in fossil assets, they know that if they support the nuclear dream they will sustain our reliance on fossil. At least for another 20-30 years. As the building of nuclear power plants is so slow and usually gets delayed by more than 200% (read Flyvberg's book how big things get done) the banks know they can hold on to their fossil assets. Now, if we move to renewables, batteries included, the movement from fossil going to happen must faster. The US is a bit slow but in many other countries the growth of EV is replacing oil consumption already quickly. In order that not to happen, these banks want to pour (our not their) money into slowly built nuclear power plants and delay the energy transition. That is what they are promoting. Let's see if that is going to work. Nuclear power can not compete with the cheap and yearly getting cheaper solar, wind and batteries.

Submission + - China is installing renewables equivalent of five large nuclear plants per week

Submitted by AmiMoJo
AmiMoJo writes: New figures show the pace of China's clean energy transition is roughly the equivalent of installing five large-scale nuclear power plants worth of renewables every week. A report by Sydney-based think tank Climate Energy Finance (CEF) said China was installing renewables so rapidly it would meet its end-of-2030 target by the end of this month — or 6.5 years early. It's installing at least 10 gigawatts of wind and solar generation capacity every fortnight.

Because its large cities of the eastern seaboard are dominated by apartment buildings, China hasn't seen an uptake of rooftop solar like in other countries. To find space for all the solar panels and wind turbines required for the nation's energy needs, the planners of China's energy transition have looked west, to areas like the Gobi Desert. The world's largest solar and wind farms are being built on the western edge of the country and connected to the east via the world's longest high-voltage transmission lines.

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You can tell how far we have to go, when FORTRAN is the language of supercomputers. -- Steven Feiner

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