<Drumbeat: April 29, 2009 The Oil Drum On Choosing - A Hyperlocavore Responds to Catastrophe>

150 comments on The Risks of "Cap and Trade"

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dohboi on April 29, 2009 - 4:58pm Permalink | Subthread | Parent | Comments top

Or the gov comes in and insures the whole industry, as they have for nukes for decades.

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Dayahka on April 29, 2009 - 11:19pm Permalink | Subthread | Parent | Comments top

Having the government insure the offshore turbines would be better than private enterprise insurance anyway, given the current status of insurance companies generally and AIG in particular.

I do have a question that someone may be able to answer: would not offshore wave energy production be better than offshore wind energy? Why are we assuming that wind energy is going to be the main component of offshore energy production?

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peterkarl on April 30, 2009 - 4:06am Permalink | Subthread | Parent | Comments top

Because industrial experience with wave energy is still insufficient to take it for viable and competitive with wind energy.

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Cretaceous on April 30, 2009 - 10:37am Permalink | Subthread | Parent | Comments top

In general, wind and wave energy density are correlated; the best sites for one are near the best sites for the other. If both modes are co-located, transmission infrastructure and maintenance effort can be shared.

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150 comments on The Risks of "Cap and Trade"

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