"Many scholars,[specify] such as Paul Joskow, have described limits to the "levelized cost of electricity" metric for comparing new generating sources. In particular, LCOE ignores time effects associated with matching production to demand. This happens at two levels: (1) dispatchability, the ability of a generating system to come online, go offline, or ramp up or down, quickly as demand swings; and (2) the extent to which the availability profile matches or conflicts with the market demand profile. Thermally lethargic technologies like coal and nuclear are physically incapable of fast ramping. Capital intensive technologies such as wind, solar, and nuclear are economically disadvantaged unless generating at maximum availability since the LCOE is nearly all sunk-cost capital investment. Intermittent power sources, such as wind and solar, may incur extra costs associated with needing to have storage or backup generation available."
In addition, they ignored very serious issues of grid soundness due to variability. Germany let this get so out of control they are dumping wind generation on their neighbors and destabilizing their grids.
Avoiding this truth is why the OLB is changing the subject or rather attempting to do so.
"The US Energy Information Administration has cautioned that levelized costs of non-dispatchable sources such as wind or solar should be compared to the avoided energy cost rather than the levelized cost of dispatchable sources such as fossil fuels or geothermal. This is because introduction of fluctuating power sources may or may not avoid capital and maintenance costs of backup dispatchable sources."
Wrong. OIl shales were sold to buy Hugoton. Which is very low cost very rich gas.
Another Progressive folb lat earther.
"If Linn can do that, which means deferring payment on the bulk of their debt, there'll likely be no problem doing the same with the far"
My goodness just when I think there are not new ways for Ron^3 to demonstrate basic ignorance.
LINE certainly could roll over their debt. Question is at what rate. Will cash flow be enough to service the coupon?
Has nothing to do with deferring payment on the other notes. Which would cause a default. So it could not be done in the first place. Such foolishness.
I can not explain the Progressive condition. Neither can they.
I am being censored.
Interesting how Progressive can slur Americans like homosexuals and not get deleted.
Honesty it is better to leave their ugliness in the light. Still it does make a point.
The Progressives running around an American natural gas board want solar panels. So they need a corrupt and inept Hillary to impose it for them.
Progressive Prancing Bear,
The Planned Parenthood abortionist admitted to manipulating the abortion procedure. Withholding pain killers for the young women and inflicting additional pain so as to maximize the harvest of the slaughtered human being.
Spare yourself all the inane nonsense. Address the reality.
It does not matter if the video was edited. It does not matter is it was gained illegally.
The truth is self admitted by the abortionist. She withheld care, changed the procedure without the girls aware consent and increased pain and duration to manipulate the baby. For a profit motive.
Did this occur or not? Remember the full video is available on You Tube. Your childish insane lies are already fully exposed. If an American will take the time and the pain of watching the full videos.
Something which your nihilist behavior allow makes necessary. You are very sick.
Simplistic and uninformed Oliver. The short answer is childish Progressive.
The switch from coal to natural gas is not all that great. What would be important is an increase in overall electricity demand consistent with a healthy economic recovery.
No surprise despite all the Progressive myth telling about our economy, electricity demand has barely budged. Consistent with the #$%$ part time service jobs of this crippled Obama economy.
NG processing investment was crippled by Obama. The EPA getting busted manipulating well pollution data had a chilling effect through the whole economy. Frackers fracked but the investment to process the additional production volumes came up far short.
It is not a matter of not 'liking' Obama policies like a childish Progressive dogmatically believes. It is a matter of understanding just how pig headed and irresponsible this 'mam' is. Trading on the uniformed Progressive Jon Stewart nature for the glory of the ignorant. A step beyond false glory like crony capitalist Clinton.
Look, all Obama had to do to reduce co2 was leave natural gas alone. It is displacing coal based on cost. All this Obama foolishness achieved nothing except cast fear into capital investment in our economy.
Then our economy would not be laboring under a 38% increase in the cost of electricity and co2 would be lower.
That lack of capital investment is why our wages are falling. It is why jobs are of such poor quality.
Look Oliver, you do not understand. You could understand if you wished. YOu do not understand solar power and you haven't given the slightest thought to grid stability and efficiency.
Progressive politics as your religion is a sick way to exist.
Overall real GDP from January 2001 through December 2008 grew at an average annual rate of 2.125%. From 2001 through 2004, GDP growth was clocked at 2.35%. The number of jobs created grew by 6.5% on average. The growth in average salaries was 1.2%. Growth in consumer spending was 72% faster than growth in income. Investment in residential real-estate soared, growing 26% faster than average.
Now we can and should do much better than Bush. His China trade policy was an epic failure.
It put downward pressure on wages and increase employment instability. But incomes did increase under Bush while they are still collapsed under Obama.
Bush borrowed to much.
The critical thing is Obama took over while the economy was contracting. So he should have benefited from return to capacity growth.
Look Obama truly is horrendous.
We can do better therefore should do better than GW Bush
Playing the bonds is a favorite game of the shorts. Buy up the bonds and then drive the company into bankruptcy. A cheap way to take over crown jewel assets.
So in a perverse way, the big discounts on the bonds reflect a belief by the shorts that LINE can service and refinance it's debt load. Being able to buy the debt in at a big discount further builds a barrier to the short game.
Now poor Willie,
Your Progressive sententious material nihilism is pointless. Which is why you and the entire OLB are pointless.
The OLB refuse to watch Fox or read the WSJ and this choice results in clear and present wanton ignorance.
I see the totalitarian CHicoms are so very happy Obama is surrendering American internet control.
The man is clearly some sort of emotional mess.
Yes. The next President can quickly get to 4% growth by simply not being Obama of the economy killing pettiness.
Likely correct given Obama disgraced Kerry are going forward with the Aryan Mullah insanity.
What is going on in China is no small thing either.
Tell the people you want less consumption and the great leader got what he asked for.
Which is feeding back into their stock market.
Median Family Income Up $6,000 since 1993: Economic gains have been made across the spectrum as family incomes increased for all Americans. Since 1993, real median family income has increased by $6,338, from $42,612 in 1993 to $48,950 in 1999 (in 1999 dollars)
Of course the Reagan performance was far superior. Which is why brilliant but either deluded or dishonest academics like the Great Ghoulsbee of Chicago have to manipulate the data. They are the only ones with the education to judge it! .
" He never visited Europe. Calhoun believed that the spread of slavery into the back country of his own state improved public morals by ridding the countryside of the shiftless poor whites who had once held the region back. He further believed that slavery instilled in the whites who remained a code of honor that blunted the disruptive potential of private gain and fostered the civic-mindedness that lay near the core of the republican creed. From such a standpoint, the expansion of slavery into the backcountry decreased the likelihood for social conflict and postponed the declension when money would become the only measure of self-worth, as had happened in New England. Calhoun was thus firmly convinced that slavery was the key to the success of the American dream."
Of course the lessor whites would be subservient to the better educated landed gentry. As Jefferson foresaw and would avoid. His vision was small farms and yeomen citizens.
But repealing the law's spending cuts and tax increases would add $137 billion to the federal deficit over the coming decade, CBO said in the report issued Friday, even though almost $1.7 trillion in coverage costs would disappear. Repeal would reduce deficits in the first few years but increase them steadily as time goes on.
Repeal would up the number of uninsured people by about 24 million people, and the share of U.S. adults with health insurance would drop from roughly 90 percent now to about 82 percent, the report said."
Of course we all know how bad all the CBO estimates have been. But lets forget all that.
Remember Obama bald faced lying we could keep our doctor and families would save $2.500 a year.
There is a more serious question of sustainable governance in a Republicans democratic form. Right now we truly are not.
Equity is more important than Liberty. Courts with out any limit will decide what equal is. Regardless of the peoples majority understanding.
The Temple's religious message transitioned during this period, to one treading between atheism and the subtle notion that Jones was a Christ-like figure. While Temple aides complained privately, Jones said that the new message was needed to foster members' dedication to the Temple's larger goals. Jones maintained such implications until the mid-to-late 1970s.
The Jim Jones comment was very ignorant. But that is what Progressives do.