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2009-07-29 Economy

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Posted by 3dc 2009-07-29 00:00|| || Front Page|| [1 views ] Top

#1 When the GM is the husband and the chief accountant is the wife, only a fool will invest. I got a come-on the other day from someone who wanted me to invest US$80,000 in their business - despite the fact that it wouldn't be a legitimate joint venture and any foreigner who gave money would be a sucker, 100% dependent on the Chinese owner for any ROI whatsoever.

Posted by gromky 2009-07-29 00:40|| 2009-07-29 00:40|| Front Page Top

#2 The profit will be in exporting wind turbines to gullible westerners.

Posted by ed 2009-07-29 01:06|| 2009-07-29 01:06|| Front Page Top

#3 inadequate wind resources

No problemo. Just route wind from where there is adequate wind through a system of pipes, just like oil and gas, except a bit bigger pipes.

/EndGreeniegraspofengineering

Posted by phil_b 2009-07-29 06:25|| 2009-07-29 06:25|| Front Page Top

#4 You can also build giants fans to generate wind too.

Just need to power them from coal burning electric generators.

It works for electric cars and hybreds!

Posted by CrazyFool 2009-07-29 08:13|| 2009-07-29 08:13|| Front Page Top

#5 as of the end of 2008, the PRC was 4th in the world in installed generation capacity (the US was 1st with about 25 MW, Germany 2nd with about 22 MW and Spain 3rd with about 16 MW).

The Chinese are, per the article, generating about 30% of capacity. This is a bit less than the US but a bit more than Germany or Spain.

Posted by Lord garth 2009-07-29 16:15|| 2009-07-29 16:15|| Front Page Top

#6 Lord garth, I think your figures are off by a factor of 1000. The installed generation capacity for wind in the US is 25,000+ MW.
On the other hand, the total generation capacity for all other sources is 1200 Gigawatts, or 1,200,000 Megawatts. In other words, wind is about 2% of total generation capacity.

Posted by Rambler in Virginia">Rambler in Virginia 2009-07-29 18:34|| 2009-07-29 18:34|| Front Page Top

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