smiley wrote:71 nuclear plants x 1600 MW = 114 GW continuous power
116000 turbines x 2 MW = 232 GW
1050 km2 solar panels x 50 W/m2 = 525 GW intermittent power
smiley wrote:71 nuclear plants x 1600 MW = 114 GW continuous power
116000 turbines x 2 MW = 232 GW
1050 km2 solar panels x 50 W/m2 = 525 GW intermittent power
71 nuclear plants x 1600 MW = 114 GW continuous power
116000 turbines x 2 MW = 232 GW
1050 km2 solar panels x 50 W/m2 = 525 GW intermittent power
smiley wrote:That is true, windmills and solar have a varying output, but the way they compensate for that is incorrect.
Who is the "they" that are doing the compensating?
Growth for 2004 was 3.1%, as forecast, and Mr Brown predicted the economy would grow by 3% to 3.5% this year and 2.5% to 3% next year.
For the U.S., each 50 percent sustained increase in the price of oil will lower real U.S. GDP by about 0.5 percent, and a doubling of oil prices would reduce GDP by a full percentage point. Depending on the U.S. economic growth rate at the time, this could be a sufficient negative impact to drive the country into recession. Thus, assuming an oil price in the $25 per barrel range -- the 2002-2003 average, an increase of the price of oil to $50 per barrel would cost the economy a reduction in GDP of around $125 billion.
...edited...
A $10/bbl. increase in oil prices, if sustained for a year, will reduce global GDP by 0.6 percent, ignoring the secondary effects on confidence, stock markets, and policy responses; see Bird, op. cit. A sustained increase of $10/bbl. would reduce economic growth by 0.5 percent in the industrialized countries and by 0.75 percent or more in the developing countries; see Ibid., OECD Standing Group on Long-Term Cooperation, op. cit., and International Monetary Fund, World Economic Outlook, September 2003. Larger oil price increases will have even more severe economic effects.
lorenzo wrote:How come the economy of the Netherlands is in such a sh!tty state? It used to be one of Europe's most competitive economies a few years back (under the purple government).
I know your neighbors (Belgium) are doing much much better.
How come?
Chocky wrote:Bloody Americans, now they're responsible for the Dutch government making poor estimates of the price of oil in 2006. Is there anything they aren't responsible for? Anything bad, that is
Chocky wrote:Bloody Americans, now they're responsible for the Dutch government making poor estimates of the price of oil in 2006. Is there anything they aren't responsible for? Anything bad, that is
lorenzo wrote:Chocky wrote:Bloody Americans, now they're responsible for the Dutch government making poor estimates of the price of oil in 2006. Is there anything they aren't responsible for? Anything bad, that is
No, he has a point. The Dutch economy is now under control of fanatic Protestants, just like that of the US. And disaster strikes.
Just compare the Netherlands and Belgium: both had a "purple" (socialists + liberals) government and their economies did well. Today, Belgium still has a purple government, and it's the strongest economy in the eurozone, while the Dutch now have a religious Protestant government, and their economy is down the drain.
There must be a link here.
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