Geothermal

[Rob Tucker]

Popeye, I'll let you do your own homework. Got other things to do this afternoon. I'm basically more interested in listening anyway.

[popeye jones]

I've done my homework, both on Ormat (OR, nyse) and you.
Ok, you're taking the 5th.
That's your right on a public forum.
Since you have applied for consultant fees in the amount of $69 Ks from a source you are no less "confused" but nevertheless, inclined to defend as to price fixing.
That, is called conflict-in-interest. Funny stuff, disingeneous always sticks to the same tree.

[Rob Tucker]

Popeye, I don't know who you are but I have applied for no consulting fees from anywhere.
You need to check the veracity of your sources. And please let's not drag this off topic. Start a new thread if you have another subject in mind.

[Kapohocat]

I thought in Rene Siracusa's comment here she explains what Rob Tucker was doing. Maybe a new topic can be opened to discuss the issue you may have.

Can we manage to keep this conversation civil as it had been for 7 pages? And thank you every one for that - as this has been a informative thread! (and I did live here when it popped the last time just on the West Side).

[popeye jones]

sorry, if I "strayed", but I was following the bouncing ball as it took a course through Ormat price fixing allegations and integrity, which I believe is always relevant.
Rene Siracusa's comment makes my point about PGV's source funding legitimate when it comes to conflict of interest when benefactors of their funding are also defending them on price fixing.

[Richard Ha]

http://hahaha.hamakuasprings.com/2011/08...t-are.html

I went to Iceland and sat in the Blue Lagoon for several hours. There was a geothermal plant close by with steam (H2S?) plumes going into the air. If the Blue Lagoon was KTA Puanako, the geothermal plant was the distance of Prince Kuhio Shopping Center. The water was from the geothermal plant and tasted a little salty. It flowed through continuously and I could open my eyes underwater. It smelled slightly of sulfur. Farmers understand that; "the dose makes the poison". For instance, the instructions for disposing of any chemical container, even the most toxic, is to "triple rinse" before disposal. The idea is that if some unsuspecting person grabs the container and uses it for drinking water, it won't hurt them. It seemed to me that the emissions was being diluted with the air much like triple rinsing. And, Icelandics have one of the highest voting rate in the world--high 80%. And, they are also some of the most educated people in the world.

[Bullwinkle]

that is nice - maybe an extended stay would help the research as Iceland is bankrupt due to bad decision making. I understand they have geo thermal - they also live on an ice covered rock, not my first choice.

Icelandic people very closely related. Another big source of income is medical/genetic studies paid for by big pharma - poor b*****ds are broke need to do what ever they can for cash from the rich countries

We have solar options here in Hawaii being at latitude 20 does have its advantages

https://www.nordisketax.net/main.asp?url...ng/i07.asp&c=isl&l=eng&m=02

have a peek at Icelandic tax rates - one krona worth about 1.25 u$

[Richard Ha]

Iceland is more energy and food secure than Hawaii!! It is true that the Islandic banks leveraged too much and took the whole economy down with them. It was the largest economic collapse in modern history. They let the banks fail, prosecuted the bankers, devalued their currency and got help from the International Monetary Fund. The last IMF report show that they have stabilized and are now recovering. That is remarkable. And, this happened mainly because they developed and exported cheap energy in the form of electricity intensive aluminum. They then used the hard currency to buy the food they cannot grow. The key is that it takes energy to do work. What the Icelandics did that saved them was to use CHEAP energy in the form of hydro and geothermal. It is the cheap energy that is making them more competitive to the rest of the world. They are more food and energy secure than we are!! But, we can do that too, if we sit down and talk to each other!!

[geochem]

quote:

---

Originally posted by Bullwinkle

that is nice - maybe an extended stay would help the research as Iceland is bankrupt due to bad decision making. I understand they have geo thermal - they also live on an ice covered rock, not my first choice.

Icelandic people very closely related. Another big source of income is medical/genetic studies paid for by big pharma - poor b*****ds are broke need to do what ever they can for cash from the rich countries

We have solar options here in Hawaii being at latitude 20 does have its advantages

https://www.nordisketax.net/main.asp?url...ng/i07.asp&c=isl&l=eng&m=02

have a peek at Icelandic tax rates - one krona worth about 1.25 u$

---

Bullwinkle,
I would offer a somewhat different perspective on our Icelandic friends: they allowed a small number of people, driven by the their own self-interest, to set economic policy that affected the entire country and economy.

My perception of those opposed to geothermal is a very similar situation: a small number of individuals, driven by their desire to protect their "back yard" want the right to set the energy policy for the entire state of Hawaii. You keep touting solar and wind when neither has any hope of being an acceptable and/or economic alternative to oil - or geothermal - until the utility-scale storage issue has been resolved. And ice storage isn't even part of the question much less the solution.

[popeye jones]

How can we have cheap energy if the Geothermal company we select to generate elctricity is involved in price fixing? It sounds like shibai.
Clean house first with Ormat, rather than protecting them Mr Ha.
Then, your argument would carry more credibility.