Uncontrollable disasters sweep created wealth momentary and remind about the humans’ vulnerability against the nature powers. Destructive earthquake, tsunami and the explosion of nuclear power reactors in Japan weakened Japanese stock markets and coursed self-acting decline in global markets.
According to the direct damages, the companies those infrastructure were destroyed and production suspended as well as insurance companies may have a long lasting exposure to Japan. However, shares of rebuilding companies and producers of alternative energy resources may keep accelerating.
Beside the material losses in Japan, the explosion of the nuclear power reactors rise global concerns regarding the benefits of their efficiency versus risks due to radiation. Thus, after the Japan’s disaster the most attention may be shifted to better utilization of the nature powers such as wind, solar, water and thermal heat for generating practically eternal engines.
Here's a baseload and load following system that would scale up to world energy demand, initial buildout completed in ten years' construction time, profitable shortly thereafter - and supplies electricity for $0.01/kWe-h. This system has been recommended by the United States Pentagon for consideration, among other experts. It's the Lunar Solar Power system. http://www.aip.org/tip/INPHFA/vol-8/iss-2/p12.pdf
ReplyDeleteOn the system's feasibility: http://www.highfrontier.org/Archive/Jt/LunarSolarPowerSystem_Criswell.pdf
Website with more on this subject: http://lunarsolarpowersystem.com
The new scientist had an article showing on thermodynamic grounds the limits to green energy.
ReplyDeleteWind power hits limits quite quickly and with the potential for disastrous climate change too.