Geothermal Drilling on RCMP Building Site
By 250 News
Wednesday, July 28, 2010 03:59 AM

Crew conducts test well drilling on site that will be home to new RCMP building.
Prince George, B.C.- There is activity on the site where the new RCMP building will be built in Prince George.
There is drilling underway to find a well that can produce enough waterflow to be used to cool the building.
Greg Anderson of the City of Prince George is overseeing the RCMP building project and says this groundwater would be pumped to a heat exchanger, the temperature of the water increased by a couple of degrees before being returned to the . “We know there is an underground river, we need to know if there are reasonable flows to maintain the system.” Once a well source can be found, the flow rate will be checked over a 24 hour period.
The work is expected to take another week or so, with final test results ready shortly after that.
Anderson says this type of cooling system will reduce the cost of cooling the building by 1/3 to ¼ over the life cycle of the system. A conventional system would see the installation of a chiller which would use a refrigeration cycle to cool the building.
The cost of the geothermal testing is in the $80 thousand dollar range. If the test turns up a positive result, a geothermal system would cost about $160 thousand dollars , a conventional mechanical system with chiller and refrigeration would cost about $300 thousand.
Previous Story - Next Story
Return to Home
That is why you aren't hearing much now about the next bubble that's going to burst - the Retirement Bubble.
So someone needs to speak clearly to the tens of millions of people, particularly in North America and Europe, who are moving toward retirement right now. How about this:
If you think you can retire and live for 30 or more years off the productivity of others, you are in for a terrible surprise and a great deal of pain. You haven't earned a nonproductive retirement, nor have you 'paid your dues.' When you wake up to this in two, five or 10 years and realize that you are in big trouble, you will not only be in pain, you will dump that pain on all the rest of us who aren't retired. Don't expect us to be sympathetic for long. There are simply too many of you, and your demands will far exceed our willingness to sacrifice. And, no, we won't want to hire you. You will have been out of touch for too long. The world moves on. Sorry. Lots of luck.
http://www.theretirementbubble.com/barrons.html
Politician's jobs are about to get extremely tough. They are going to be the referees (and decide who the winners and losers are) in the "big fight over money" which is coming as a result of the bursting of the biggest credit bubble in the history of the world (and very likely in the history of the entire universe, and the "graying" of their populations (more people riding in the cart, fewer people pulling the cart). The politicians are soon going to be forced to tell a lot of people who are presently receiving money, services, or other "benefits" from governments, "as a society we have not been smart with money for the last several decades, the day of reckoning for our profligate ways has finally arrived, there is not nearly enough money for everyone's needs (and wants), very tough choices have had to be made, and you are going to have to get by the best you can with less (and in a lot of cases much less) money, services, or other "benefits" from governments."