Not bad for four greenhorns.

Discussion in 'General Electronics Chat' started by MaxHeadRoom, Nov 12, 2014.

  1. MaxHeadRoom

    Thread Starter Expert

    Jul 18, 2013
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  2. wayneh

    Expert

    Sep 9, 2010
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    Maybe they disguised their questions as chicken coop door projects. :p
     
  3. Gdrumm

    Distinguished Member

    Aug 29, 2008
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    "The motivation for this research was reducing greenhouse gas emissions and mitigating climate change."

    I read Politics!

    Funding? US DOE (aka: USA Taxpayers).

    Let's hope this doesn't go the way of Solindra (or whatever the name of that $500,000,000,000.00 scandal was).
     
  4. alfacliff

    Well-Known Member

    Dec 13, 2013
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    it takes phd and post doctorial people to do this kind of work? we do this here with floor service electricians updating unbelievaly complex systems and the programs that run them too.
     
  5. wayneh

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    This was funded research from the outset, which by design is unlikely to show financial success. It could be a total waste of time and energy but at least it wasn't an outright fraud like Solyndra. Of all the things the government throws my money at, this sort of thing offends me the least.

    As bad as Solyndra was, you've got 3 too many zeroes.
     
  6. Brownout

    Well-Known Member

    Jan 10, 2012
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    Though Solyndra gets all the press, the US Energy Loan Program long ago made up for those losses and is turning a profit, and is helping to being new sources of energy to the market. Source: http://www.reuters.com/article/2014/11/13/us-doe-loans-idUSKCN0IX0A120141113
     
  7. wayneh

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    "It took the program three years to break even after Solyndra's failure, while during that same time the Standard & Poor's 500 index increased 67 percent."

    Not how I'd prefer to invest MY money.
     
  8. Brownout

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    Jan 10, 2012
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    "The loan guarantee program has been successful in bringing to market good projects with good credit support that absolutely would not have been built,"

    The purpose of the program was not to make a profit. That's just a side benefit. The real goal is to being new energy products to the market, a goal which is being realized.
     
  9. wayneh

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    And what about the projects that might have been done if the people had not first been robbed of their tax dollars so that politicians could use that money to pay off their cronies and campaign donors?

    Free capital markets are far more efficient at matching capital to opportunity than the central planners. All this intervention is like a boat anchor on true innovation and development.
     
  10. Brownout

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    MIGHT have been done, as opposed to BEING done. Easy to say markets provide everything, but in reality then don't.
     
  11. wayneh

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    Markets don't provide everything, only the things people actually want. Government provides the rest.
     
  12. Brownout

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    Markets don't deliver everything people want and surely not everything people need.
     
  13. MikeML

    AAC Fanatic!

    Oct 2, 2009
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    Interesting. I helped one of the Phd. students working for that project design an electronic apparatus to measure how long it takes a sample of coal slurry to transit a reactor... I served on that student's thesis committee...

    Oh, and I second what Brownout said...
     
  14. BR-549

    Well-Known Member

    Sep 22, 2013
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    I think we've just been Grubered.
     
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