Green energy is the way of the future. Look at the Fossil Fuel and Renewable Energy Subsidies.
Coal, natural gas, and oil accounted for 87 percent of global primary energy consumption in 2012.
Our energy needs are growing to such an extent that we are forced to use whatever we have at our disposable without looking at the cost/damage. We are so dependent on conventional sources that the need to change often isn’t there.
Fossil fuel subsidies reached $90 billion in the OECD and over $500 billion globally in 2011. Renewable energy subsidies reached $88 billion in 2011. The IMF estimates that for 2015 the economic cost of energy subsidies worldwide will amount to US$5.3 trillion. This is not to be confused with actual amount of subsidies which are projected to amount to around US$333 billion for 2015. Without fossil fuel subsidies, the price of electricity by about 1.2 cents per kilowatt-hour.
There is no such thing as clean coal, it’s a lie. If you think coal is great, why don’t you go live in Beijing and soak up some of that super clean air.
Hydroelectric energy This form uses the gravitational potential of elevated water that was lifted from the oceans by sunlight. At this time, most of the available locations for hydroelectric dams are already used in the developed world. Hydroelectric energy SUBSIDIES receive $0.01/ kWh.
HUG Wave Energy
Energy from wave energy, tides, the oceans and hot hydrogen fusion are other forms that can be used to generate electricity. These energy sources are often non-centralized, leading to greater consumer control and involvement.
Renewable energy SUBSIDIES receive $0.05/ kWh
Power Plant Type
$0.10-0.14 ($0.12 -$0.27)
HUG Wave Energy
$0.02 – ($0.05/ kWh)
A large fraction of the high cost of electricity in Germany ($.35/kWh) is caused directly by a renewable energy surcharge – $0.05/ kWh today, increasing by 20% next year.
Renewable energy SUBSIDIES receives $0.05/ kWh: that means a net gain of $0.03/ kWh ($0.05/ kWh-$0.02/ kWh).
The economists often use so-called levelized energy costs (LEC) when comparing different technologies. The LEC represents the total cost to build and operate a new power plant over its life divided to equal annual payments and amortized over expected annual electricity generation.
It reflects all the costs including initial capital, return on investment, continuous operation, fuel, and maintenance, as well as the time required to build a plant and its expected lifetime. The above table compares the US average levelized electricity cost.
COST COMPARISON OF ENERGY SOURCES 2015
A recent study from the Harvard Medical School’s Center for Health and the Global Environment estimated the economic, environmental, and health costs of coal. The Harvard University study found that coal’s cost on the economy is between $330 and $500 billion dollars each year, or $0.17-$0.27/kWh.
- Higher sea levels combined with storm surges will increase the annual cost of coastal storms along the Eastern Seaboard and the Gulf of Mexico by $2 billion to $3 billion annually within the next 15 years.
- Add annual hurricane costs of up to $7.3 billion and other coastal storms, the yearly bill would go up to $35 billion.
- By 2050, coastal properties worth between $66 to $106 billion could be under water.
- Crops in the Midwest will see crop losses in crop yields of 10% within 5 to 25 years.
- Energy demand could spike due to extreme heat, with ratepayers paying an extra $12 billion annually for the upsurge in use.
By the end of the century, the report projects a total price tag of climate impacts of $238 to $507 billion or $0.12- $0.27/kWh..
The U.S. National Academy of Sciences also estimates that fossil fuel subsidies cost the United States $120 billion in pollution or $0.06 /kWh and related health care costs every year. But these costs are not reflected in fossil fuel prices.
CARBON DIOXIDE STORAGE unsolved
Back in Norway, Statoil also operates two projects to store carbon dioxide under water, in some of the most advanced examples of a technology seen as key to removing greenhouse gases from the atmosphere: carbon capture and storage (CCS). This is costly and still in its infancy, and governments have supported it only erratically. In 2015 a mere 28 million tonnes of CO2 was stored that way. To help meet the 2ºC limit, the International Energy Agency (IEA) says the world needs to store a whopping 4 billion tonnes a year by 2040.
HELPING SOLVE THE WORLD’S CARBON POLLUTION
New Trees are the only solution to soaking up Carbon Dioxide:
Our Mission: to help solve the problem of carbon dioxide build up in the world by growing and managing mature forests of foliage, fruit and nut trees that eventually are used in lumber — not firewood. The Carbon Tax Fund supports a Micro finance initiative to support women farmers and their families who will nurture fruit and nut trees over their lifetime. The Net Present Value of each tree is $1.49/tree plus $1.00/tree for auditing and maintenance for 25 years.
A Full Scale Aquaponic Tree Nursery in Africa supported by:
SOME IMPORTANT LINKS
- An Irrigation System: NORTHydro.com
- A Rabbit and Fish Farm: AfriCAPITALISM.us
- An Agroforestry Intercrop System: LivingWaterIs.com
- The Charitable Arm: SunnyUp.net
- God’s Loveletters: Godloveletters.com
- Thunder of Justice: ThunderofJustice.com
- Microfinance for women: LivingWaterMicroFinance.org
- Deliverance Is: DeliveranceIs.com