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Love this new tool I've been using from Interactive Brokers. I tell it what I care about ethically and it grades my stock portfolio based on the companies I invest in and their adherence to my moral preferences. Its a great way to invest and ensure you do so with an ethical motivation.
This is one of the portfolios I use for algorithmic trading. I'm trying to program into the algorithms a sense of ethics in how it trades and it seems to be working.
Avoiding "hazardous waste" *and* "greenhouse gas emissions" looks quite contradictory 🤔 so I'm a bit concerned that this "caring ethically" is nothing more than a selling point targeted a specific customer sector.
@2ck @kravietz Yea that confused me as well. If i prop up a wind turbine, which is little more than some metal blades, some wire, and a magnet, I am clearly reducing green house gas emissions.. Yet I wouldnt suddenly out of no where be dumping toxic waste in a river as a consequence of this decision... makes no sense, not sure what he really means.
Then the most important factor: wind and PV power have extremely low surface power density (how many watts from square meter), and they have very low capacity factor (percentage of operating at full power during a year).
In practical terms this means to replace one MW of fossil or nuclear power plant with wind or solar you need to occupy 50-200x larger area, and then 3-8x more for surplus capacity, and then double that in energy storage.
All that area eventually means waste.
@JFK_NOSCOPEZ_420 @freemo @2ck
Many brilliant ideas and innovations out there, but engineering challenges and economy usually render many of them impractical. Sea is a quite hostile environment for any engineering project due to tides and salt. And the further you move storage from the consumers, the longer transmission lines you need.
*DISCLAIMER*: I work for a Chinese wind energy company as a programmer.
We don't plan to replace oil. It will hopefully bring down price of oil, because there are alternatives. Countries like China are constantly afraid USA will turn off some of their oil supply using naval blockades.
@JFK_NOSCOPEZ_420 @freemo @2ck
No need for disclaimers, that makes you even more interesting participant in the discussion as an industry insider :) Environmental activism somehow turned the debate upside down implying that if you work in the industry and know anything about technology, then you must have vested interests and should be distrusted - so at the end of the day only people who have no clue about either are allowed to take part in discussion 🤦♂️
Yeah, the activists ruin everything they touch with their hypocrisy and fervour.
As it stands now oil is one of the most anti-free-enterprise commodity there is. Oil trade is heavily regulated and prices are fixed using political games played by the elites.
Not everything in alternative energy is about climate change. I don't think it is real due to the constant failed predictions: https://failed-predictions.surge.sh/ but I think there is good reason to have more energy not less.
@kravietz @freemo @2ck
Just put it in the sea.
Similar system being researched in Singapore: https://www.offshore-mag.com/renewable-energy/article/14186143/keppel-offshore-marine-envision-digitalled-consortium-to-pilot-floating-energy-storage-system