Belmont Club

By Richard Fernandez

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October 24, 2008 - 3:30 am - by Richard Fernandez
slade
2008-10-25 06:45:41

Doug -

That’s especially right about coal – the multiple by-products as feedstock for various industries. I have often wondered if/how the cost-benefit analyses account for the added value of the by-products, unlike many of the alternative technologies. Multiple revenue streams should reduce the unit cost of liquid fuel production.

As to what it will take, I wish I had a clever line or even modest insight but I don’t. I am leaning pessimistic with stable tendencies. But it does seem that we are caught like the deer in the headlights witnessing the triumph of optimism over experience.

Speaking of Which

::))