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Old 05-16-2017, 09:05 AM   #401
Matthew Stafford
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Anyone need or knows of someone who needs a new roof?



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We're planning to build our home in the next 5 years and will absolutely get this, assuming the wait isn't years and years.
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Old 05-16-2017, 09:31 AM   #402
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We're planning to build our home in the next 5 years and will absolutely get this, assuming the wait isn't years and years.
nice!

Our home is almost ten years old, so we will be getting these when we need to replace our roof.
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Old 05-16-2017, 09:31 AM   #403
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A example of financing drying up:

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With older plants retiring or being sold and some new plants struggling, the results of the sales process could be illuminating.
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But the biggest impact of the Panda Temple bankruptcy could be that “it puts the kibosh on getting financing for a merchant power project in ERCOT,” says Steven Gilliland, founder, president and CEO of Federal Power, a Houston based developer. The big money is no longer available for power projects, he says. “Developers are going to have to do it on their own nickel.”
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Old 05-17-2017, 09:46 AM   #404
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If you didn't watch that hour long presentation from Tony Seba I posted in the last month or so, this is a nice summary of his thinking.

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The “tipping point” will arrive over the next two to three years as EV battery ranges surpass 200 miles and electric car prices in the US drop to $30,000. By 2022 the low-end models will be down to $20,000. After that, the avalanche will sweep all before it.
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“Certain high-cost countries, companies, and fields will see their oil production entirely wiped out. Exxon-Mobil, Shell and BP could see 40 per cent to 50 per cent of their assets become stranded,” the report said.
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It has long been known that EVs are four times more efficient than petrol or diesel cars, which lose 80 per cent of their power in heat. What changes the equation is the advent of EV models with the acceleration and performance of a Lamborghini costing five or 10 times less to buy, and at least 10 times less to run.
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Old 05-18-2017, 12:43 PM   #405
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He pointed to a previous study conducted a few years ago by the Energy Department's National Renewable Energy Laboratory, which took two years to complete, not two months.
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Grassley said Iowa gets 36 percent of its electricity from wind and that its largest utility, MidAmerican Energy Co, is on track to generate 90 percent of its electricity from wind in a few years. Grassley said MidAmerican has the ninth lowest electricity rates in the country.
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Old 05-19-2017, 08:53 AM   #406
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Great article giving point by point answers why Perry is wrong.

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Coupled with stagnant demand, something has to give -- and inefficient coal plants are the more expensive and the least flexible generators that are not needed in this competitive landscape.
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A well-functioning market would allow uncompetitive generators to retire amid steep competition and declining prices, given the oversupply conditions. To blame coal’s suffering on policies supporting clean energy denies the root cause -- coal-fired generation is dying on economics alone.
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Old 05-19-2017, 09:41 AM   #407
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LOVE.

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Old 05-25-2017, 10:15 AM   #408
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Interesting take on global inventory. It seems that most of the "demand" for oil has been going into China's SPR (strategic petroleum reserve), so in reality it hasn't been consumption taking up the oil being pumped into the market, it's just storage.




It was thought that China had a small SPR, but it turns out that is not the case. They are not sure yet, but:

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according to data released by the General Administration of Customs data on Tuesday, China's oil stockpiling pace finally tumbled to 1.36mbpd in April, from 1.6mbpd in March, the sharpest decline in reserve accumulation in years,
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In other words, all those forecasts that China's SPR is almost full appear to be finally coming true, and at the worst possible time for OPEC, because if suddenly over 1 million in daily "demand" is pulled from the market, OPEC will suddenly find themselves with another huge glut now that Beijing is no longer waving it in. In fact, we contend that while OPEC's decision on Thursday is fully priced in by the market, the only thing that matters for the future price of oil is how long until China halts SPR imports
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Old 05-25-2017, 01:34 PM   #409
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This is great to see. Another step in the right direction!

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Old 05-25-2017, 09:17 PM   #410
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Update on the Exxon situation. Could lead to interesting info.....

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ExxonMobil lost its appeal on Tuesday to keep records held by its auditors away from the New York attorney general's climate fraud probe.
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Old 06-01-2017, 08:08 AM   #411
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I'm sure some of you have heard/seen this in the news by now, but if not:

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ExxonMobil shareholders voted Wednesday to require the world's largest oil and gas company to report on the impacts of climate change to its business—defying management, and marking a milestone in a 28-year effort by activist investors.
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Old 06-01-2017, 08:17 AM   #412
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This is great to see. Another step in the right direction!

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Aren't there extremely toxic byproducts from making these panels?
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Old 06-01-2017, 05:29 PM   #413
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Don't get me started on Trump pulling out of the Paris agreement....I've shared enough articles on here over the years that it should be very clear renewable energy is more economically viable than the coal/oil industry now...more jobs in solar/wind than coal and oil...etc etc.

oh wait....what's this? ANOTHER article talking about the economics of renewable energy?

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"we are now interested in incorporating battery technology into our distribution planning process in order to maintain our goal of providing safe and reliable service in the least-cost manner to our customers."
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Old 06-04-2017, 09:18 PM   #414
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Some more color to the investigation, if true, tisk tisk Exxon.

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Schneiderman spelled out the evidence for the first time from documents and testimony already turned over by Exxon, and demanded more information under additional subpoenas in a probe that has been going on since 2015.
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In 2014, the company said in a public report that the proxy cost it used ran as high as $80 per ton when the company was looking forward to 2040. The report also said the company was "confident that none of our hydrocarbon reserves are now or will become 'stranded'."
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The employee was evaluating a project in the tar sands, and Exxon apparently told him not to apply the costs contained in the company's corporate directives, but instead to use the much lower levels of Alberta's provincial carbon tax.
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Had the company applied the higher, publicly stated cost, the filing says, "at least one substantial oil sands project may have projected a financial loss, rather than a profit, over the course of the project's original timeline."
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Old 06-05-2017, 11:49 AM   #415
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John Oliver nails it.

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Old 06-05-2017, 02:50 PM   #416
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I've started taking this approach with my in-laws and have been kinda doing it on here since the beginning of this thread.

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Old 06-06-2017, 08:21 AM   #417
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Over the weekend, American Electric Power -- a utility that produces more coal electricity than any other U.S. power company -- strongly affirmed the clean energy transition.
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Our investors certainly expect us to really focus on sustainability and de-risk our business," he said. "So we continue to focus on that. Secondly, from a customer standpoint, there's an expectation that we move to that cleaner energy economy.
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Old 06-08-2017, 07:15 AM   #418
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This website allows you to enter any mutual fund you may have to find out how much they are invested in fossil fuels:

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Old 06-12-2017, 11:16 AM   #419
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Looks like some in the auto industry are finally getting it......

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Old 06-13-2017, 08:28 AM   #420
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Boom.

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