All Solar, Et Al, In 12 Years?

[Meandering]

Oh well,

So much for saving the world from CO2 Darn planet will not get with the program.

waves of molten LAVA crash into a volcanic 'shore': Stunning footage of Hawaii's Kilauea volcano tearing itself apart caught on camera

The outbreak is around 1,320ft (0.25 miles) long and the crust has been repeatedly cracking and oozing lava since last week.

Kilauea is the most southeastern volcano on Hawaii.

An eruption, which began in 1983 along the east rift zone, has been producing lava flows from the cone of Pu'u 'O'o vent for more than two decades.

This lava moves through what's known as a tube system down the slope of Pulama pali.

The volcano's caldera saw nearly continuous activity during the 19th century and the early part of this century.

Since 1952 there have been 34 eruptions, and as a result, Kilauea ranks among the world's most active volcanoes. It is also said to be home of the Hawaiian volcano goddess Pele.

http://www.dailymail.co.uk/sciencet...auea-volcano-tearing-apart-caught-camera.html

Excessive CO2 emissions (and maybe lava) threaten endangered pink iguanas in the Galapagos

Big geologic news out of the Galapago Islands where the Wolf volcano, dormant for the past 33 years, came back to life this week, belching global-warming causing gasses into the atmosphere with absolutely no concern whatsoever of its carbon footprint:

We should probably ban plate tectonics (or tax them) if Gaia is going to keep acting like a total jerk.

Wolf volcano is also home to the world’s only population of pink iguanas. The lizards, thankfully, are safe for now, but who knows what terrors the Earth has in store for them next?
http://twitchy.com/2015/05/27/exces...ten-endangered-pink-iguanas-in-the-galapagos/

 

[Randolph Kinney]

We hope this little chart will help the trilobites to overcome stage fright and become more successful in the climate debating scene.

We hope this little chart will help the kollektive to overcome stage fright and become more successful in the climate debating scene. Let us reiterate the talking points:

1. Weather is what we can see and feel; climate is what the state and the prog-media tell us we ought to see and feel.
2. Weather is measured in traditional layman units; climate is measured in Progressive Thermal Units (PTU).
3. Weather historical data is public knowledge; climate historical data is classified, restricted to trained state climatologists only, and is subject to change without notice.

 

[Randolph Kinney]

For all their efforts to get 200 governments to commit to the toughest possible cuts in greenhouse gas emissions, climate negotiators have all but given up on creating a way to penalise those who fall short. The overwhelming view of member states, says Christiana Figueres, head of the U.N. Climate Change Secretariat, is that any agreement “has to be much more collaborative than punitive” – if it is to happen at all. To critics, the absence of a legal stick to enforce compliance is a deep – if not fatal – flaw in the Paris process, especially after all countries agreed in 2011 that an agreement would have some form of “legal force”. —EurActiv, 12 October 2015

Obama will be the only one to wreck his economy over a goal that is not achievable with his executive powers. Both China and the United States, the two top carbon emitters crucial to any effective agreement, made clear from the start of the current negotiations they would not agree to any form of international oversight. The U.S. position instead speaks of a collective "race to the top", in which countries push each other to see who can be the greenest.

All countries agree that that the emissions curbs pledged so far are too small to get the world on track to limit warming to 2 degrees Celsius.

http://www.euractiv.com/sections/cl...and-punishment-barred-cop21-vocabulary-318407

 

[Randolph Kinney]

Don't fret my ECO-Friends, with "population control being pushed as a solution for global warming," there's even a "movement" that is "advanced by people who care about life on planet Earth" where you can opt out of existence in order to save the planet. True believers of climate change will opt for this solution to end their pollution - your death brings life for the rest of us. It is part of the greater good theory: one dies so that many can live comfortably on planet earth. Your contribution is very much appreciated.

 

[Randolph Kinney]

Did you know that the government adjusts the temperature data for surface readings (land + ocean measurements)?

Gee, the hottest years on record according to surface data have been adjusted to diverge from satellite data.

 

[Randolph Kinney]

The state Public Utilities Commission cut the credit amount that new rooftop solar owners on Oahu will receive for the excess energy their photovoltaic systems send to the grid.

New Hawaiian Electric Co. solar customers choosing to use a "grid-supply" program will be credited 15.07 cents per kilowatt-hour for excess energy they send to the grid on their monthly bills compared to the net energy metering (NEM) program currently in place offering the 26.8 cents per kilowatt-hour full retail rate.

http://www.staradvertiser.com/news/...it_program_adds_new_options.html?id=332585582

Goodbye net metering, hello it cost more to use grid supply electricity. All that ROI DCF value just lost its credibility for valuing solar panels.

 

[Carnivore]

Bait N Switch! This will be a trend across the US.

 

[Meandering]

The DCF model only works for cash flows.
Roof top systems can not be valued with a DCF as there is no cash, to flow.
No profit is allowed. Overage put into the grid is credited against the next month electric bill.

Because there is no cash, there is no money to capitalize to sell. It is not an income stream that is transferable.

The question is, can you capitalize the "savings" as value in the future and discount the future value back to present value, apply a discount rate for what an "investor" would pay for a savings stream that is not transferable, and can't be separated away from the real estate?

I would say, no, because if you apply all of the definitions, it is an owner user savings, not one that is available to an investor.

If you say an owner user might pay the seller of real estate something extra to have a savings, I would say no.

Because paying more on a long term mortgage to get short term savings is only a transfer of payments. An option if you will, to pay the bank (higher mortgage with interest) and the local tax assessor (higher real estate taxes) and the homeowner's insurance (higher insurance costs) instead of the electric company.

So first we'd have to project the extra costs of having the solar panels out over the life of the mortgage, and,
consider the removal and disposal of the panels at the end of their life, costs.
We would estimate maintenance and repair expenses over the life of the panels
This would give us total cost of owning the system, without the sunk cost of buying the system.

We would have to project the savings out over the life of the panels,
The life time savings of the panels is predicated on the rate of payment for the electricity generatated, which is dropping in many places, so we could start a trend line with only two data points to project out for the life of the panels and find that the given present trend of dropping the reimbursement rate, the "savings", may zero out before the end of the life of the panels, but if it doesn't, that savings rate will need to be adjusted by projected electrical generation that will be impacted by the age of the panels, (a direct discount) and the amount of projected sun shine over the life of the panels.

So, we bought the panels because of Climate Change, which, has a hallmark of more, and more intense, storms. More storms mean less sunshine, resulting in less electrical generation, (a direct discount).

So when we finish all this, and then subtract the cost of the appraisal...

Yeah, worth nothing honey.

Really stinks to be worth less than the cost paid to have it appraised for market value.

But hey
appraisals are free.

.

 

[Meandering]

Bait N Switch! This will be a trend across the US.

This has always been the trend with solar energy.

Problem this go round is too many people took the bait, and the ivory tower did not expect that to happen.

The sheeple are multiplying.

.

 

[Randolph Kinney]

Leading solar entrepreneur to put business into liquidation

One of Britain’s leading solar entrepreneurs is set to announce that his business has gone into liquidation, in the third high-profile casualty for the sector this month.

Howard Johns, the former chairman of the Solar Trade Association and a government adviser on renewable energy, is expected to blame the collapse of Southern Solar on the government for failing to support the industry properly. Earlier this month the Department of Energy and Climate Change (DECC) denied that proposed cuts of 87% in solar subsidy levels have tipped solar companies into crisis.

The latest collapse comes as the National Grid is expected to confirm that Britain faces the highest risk of blackouts in almost a decade this winter.

Its failure will add to the pressure on Amber Rudd, the energy and climate change secretary, to find a way of averting a growing crisis in the sector.

Lisa Nandy, the shadow energy secretary, accused the government on Twitter of overseeing a “chaotic energy policy (that) is putting jobs at risk particularly because of the severe cuts they have made to solar energy schemes”.

“More companies will go bust if the government does not change track. This just puts more people on benefits. It really does not add up as a sensible government policy.”

In Whitehall, DECC insists that renewable power must learn to live with zero or lower subsidies. It argues that consumer bills are being driven up by the cost of green energy and solar barely needs financial aid given a fall in industry costs.

The introduction of a levy control framework by the government means the total amount of cash made available to renewables and other technologies is capped.

http://www.theguardian.com/environm...entrepreneur-to-put-business-into-liquidation

Consumer energy bills are sky high thanks to green energy. Without government subsidies, green energy companies lose money.