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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: OrmontUS   😊 😞
Number: of 4460 
Subject: Re: Who has the power?
Date: 08/31/25 7:04 PM
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OK - this is beginning to go into the weeds as soon as political parties are anthropomorphized. I think it's fair to say that politicians of both parties are influenced by donations (perish the thought I would call lobbying blatant bribery). On the basis that both major parties act corruptly because of this, there is no reason to mention either in the decision-making process.

That said, there is enough scientific evidence that the world is heating up as well as the ways mankind contributes to that phenomenon. It is obvious that, with the advent of continuing automation, the growing popularity of EVs, AI and cryptocurrency generation, that our electrical grid is woefully inadequate and many of our electrical generation plants antiquated and inefficient.

Suree, wind farms are ugly (let's say the birds they kill are offset by the birds fossil fuel plants kill) and solar field make the desert ugly, but it's obvious that they reduce local air and water pollution. Any power project, whether fossil fuel or renewable will require minerals to be mined, so I’m going to call that a wash (though, black-lung disease is clearly coal-based). As far as which is more cost-effective, well, the cost of a solar/wind infrastructure is initially expensive, but it does not have the subsequent cost of continually supplying the plant with fuel. \

(Jeff remembers proving to a school that, for the amount of classroom printing they did, that $1,000 color laser printers would cost them far less than $80 color ink-jet printers because of the vast difference in the cost per-page of supplies. The school obviously bought the ink-jet printers because capital budget funds were difficult to come by, but operating funds were easy to justify).

Jeff
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