642 karma · joined August 3, 2018
The civilian applications of the facility are secondary, as others have pointed out.
We need more generation, but solar is already cheaper than new natural gas built on the leaky network. It makes more economic sense to just overbuild your solar at these prices.
[1] $250mn for a single state: https://apnews.com/article/business-environment-and-nature-c...
And we are much better at running an energy-efficient economy: energy use/real $ GDP has halved in the last century.
The trend may not continue. People might start to do much more air travel (which would require massive runway building). Global warming might increase the need for AC. But my intuition is that there is some limit to the amount of energy one person can consume.
[1] https://www.eia.gov/totalenergy/data/annual/pdf/sec1_13.pdf
I am also bewildered. So many bad effects of deflation.
People worry about inflation, but forget how awful deflation is.
(And on a side-rant, it’s really bizarre how the hyperinflation of Weimar Germany is cited as enabling the rise of the Nazi party. The timing doesn’t work. They came to power during the depression-era deflation.)
Another favorite “criticism” I have of C++ goes along the lines of “but someone could overload operator+ to be division!” I have only seen that as a contrived critic’s example, or a joke.
Not sure you’re reading the rest as intended either.
This is not a prescription for the government to drive down interest rates to zero so that no investor makes a profit, ever. It just means that when sufficient liquidity, the marginal return on capital should be zero, like any commodity. What’s wrong with that?
Only a little part of Keynesianism involves the state, if you take a conventional definition of the theory. The only part that even involves the state isn’t all that controversial: people buying and selling is fine and self supporting, until the buyers don’t want to buy enough to support the sellers, which is the only time the government has to step in a buy stuff.
So Keynesians don’t put the state first. And the people who do put the state first don’t like all that buying and selling on the open market. Really disjoint philosophies.
I think we can make some conclusions about the power output for a given material input. Based on the the images, my assumptions are: 100m mast and 80m blades; for the vertical turbines, a radius of 50m. The blades look to be lighter weight, but the mast looks heaver weight, so say the two styles use similar amounts of materials. Also, windspeed is logarithmic with height.
Wind power goes as the cube of wind velocity over the swept area. With my assumptions, the vertical turbine outputs about 2.7MW, while the horizontal turbine outputs about 8.4MW. The reason is height: it helps to have the blades sweep more higher altitudes wind, where it's faster.
These might be easier to pack tightly into a windfarm, where the metric that matters is W/m^2. But most of us care about W/kg because that is proportional to W/$: the winner looks to be horizontal turbines because they reach higher.
A hybrid of horizontal behind vertical might be interesting. There are diminishing returns to how "deep" you can make your windfarm: the trailing edge suffers from turbulence from leading edge, and these could work better in turbulence.
Sources usually put the carbon number at around 3%.[1] this number has been rising in part because the denominator, global carbon emissions, has been falling as power has been emitting less.
[1] https://www.transportenvironment.org/what-we-do/shipping-and...
I’m kinda interested in the Nissan Arya, because it looks like they are trying to learn from the Leaf and make it attractive to not-terribly-into-EV buyers. It just looks like a very nice semi-luxury that has been engineered to be an EV, without rubbing it in your face that it’s an EV.
Estimates I have seen are that LI is on a 13% annual decrease, which means that your $16k pack will be $4.5k by 2030.
By then, I would bet that the Honda Civic EV is cheaper than the Honda Civic ICE. In addition to the batter, there are fewer moving parts and simpler assembly, which means less labor; this type of manufacturing has barely started to scale up. Not guaranteed, but my estimates might turn out to be conservative.
And as for rare earths: as demand increases, it becomes increasingly profitable to extract marginal deposits. That's what fracking is, after all.
A booster shot has already been developed, and I expect we'll be able to win the arms race against this virus.
[1] https://www.medrxiv.org/content/10.1101/2021.04.06.21254882v...
https://www.nationalgeographic.com/science/article/yes-vacci...
The accepted definition of inflation is a general increase in prices.
The best measure of this is not self-evident, and CPI is an estimate of the cost of a basket of goods that represents basic living expenses. The old CPI series did not account for the quality and durability of the goods in the basket which was increasing over time.
Transportation is a big component of CPI, and it was observed that while newer cars cost more, they also last longer and have more features (airbags, antilock brakes, more reliable engines), which meant that CPI had become a hybrid inflation + technological advancement index.
There are various ways to fix this, but it's no conspiracy.