Earlier quoted context omitted.
A setback for fracking would be the best thing that could possibly happen to coal.
Coal is dead man walking because wind and solar beat them both on price. Coal went bankrupt and will go bankrupt again.
Frackers Face Harsh Reality as Wall Street Backs Away
81–85 of 85 posts
Re: Frackers Face Harsh Reality as Wall Street Backs Away
#82Earlier quoted context omitted.
Coal is dead man walking because wind and solar beat them both on price. Coal went bankrupt and will go bankrupt again.
Fracked natural gas killed coal years before solar and wind could get there. Solar and wind may yet kill gas, which would be nice.
Re: Frackers Face Harsh Reality as Wall Street Backs Away
#83Earlier quoted context omitted.
Prediction: this piece is just fearmongering, in 1-2 years we will see fracking increase, not decrease.
Not if interests rates go up. I'd recommend this book by Bethany McLean: https://www.amazon.com/gp/aw/d/0999745441/ref=dbs_a_w_dp_099... The reason investment has died off even with the price of oil rising, I'm guessing (based on the book) is because of the slight increase in interest rates.
Re: Frackers Face Harsh Reality as Wall Street Backs Away
#84Earlier quoted context omitted.
Prediction: this piece is just fearmongering, in 1-2 years we will see fracking increase, not decrease.
It's something akin to talking about the problems independent burger stands are having while McDonald's is taking over. US oil output is projected to rise to 16-18 million barrels per day over the next decade approximately, from 12.x million expected in 2019. At 16m barrels per day, the US will be producing 50% more oil than Saudi Arabia. To do that WTI oil merely needs to remain above roughly $50. At $70+ sustained…
Re: Frackers Face Harsh Reality as Wall Street Backs Away
#85Earlier quoted context omitted.
Just use an air to water heat pump. We've got one installed in the netherlands, costs was about €6k (ex subsidies) and we're disconnected from the gas supply. The newest generations can go up to -25 degrees celcius (look up Mitsubishi zubadan for example)
You shouldn't assume that your climate is the same as the one GP referenced.
PUHZ-SHW112YAA Guaranteed operating range (outdoor): Heating: -28 to +21 Domestic hot water: -28 to +35
On page 108 you can find the actual co-efficient of performance (COP) for different outside temperatures and inside water heating temperatures. As an example: at -10 and an water temperature for heating at 25 you still get a COP of 3+ (which are the average low temperatures in Maine). That means that 100% electricity moves 300% of heat into your house.