• 1 Post
  • 26 Comments
Joined 2 years ago
cake
Cake day: October 23rd, 2024

help-circle


  • Trump has boasted twice in campaign appearances recently, as he did at start of war: America (big oil) is getting rich off of global energy destruction. Screw all y’all.

    I still lean towards it all being a bluff that just has US leave region, and get some extortion from allies before doing so. Couldn’t do it before mid terms, or at least Israel elections, because of embarrassment of defeat. I lean towards this just because “insane” negative consequences to world. But, sure, maybe $200+ oil is a “good thing” in his mind, and the stupid during campaigning is to avoid promising a smooth end of the war.







  • The 3 strategies if not sharing electricity is overproduction in summer used to make/sell H2 from surplus, and backup energy in winter (can come from H2/ammonia), and throttling down usage on some winter days.

    That first strategy (overproduction) is helped with any size wire for export/import. Southern US has less seasonal production variation than north, but the solar sizing formula is based on maximum summer production day. (datacenter + electrolysis gw * 24) / maximum sun hours. Very heavy electrolysis permits free power for one datacenter, and high power ROI for providing power to an equal 2nd datacenter. Reason is simply that electrolysis power sink costs $300/kw, while datacenter power sink is $50k/kw.

    The trick is to go much huger than your suggestion. Massive batteries support either longer H2 electrolysis use in summer, or night/duck curve electricity delivery. Unilike utility hookups, transformer capacity, solar and batteries, with Chinese supply chain that can include domestic manufacturing is a quick/solved high capacity/quick development path. Solar, batteries, electrolysis can be deployed in 100s of mw per month that match gpu installations instead of a monolitic power plant.

    Some models for Nebraska and Phoenix: https://lemmy.ca/post/63402719





  • DOJ (Trump submissive) tried to argue that Musk/Xai should not be liable for pollution from their BS unpermitted gas turbines on wheels that have stayed longer than “temporary allowed” duration. They said national security importance of AI means that neither removal nor damages to population affected should be considered. Judged called BS, but that is what DOJ tried to do. DOJ is likely to pay for Musk/Xai defense for appeals to SCOTUS.

    There are still enough vultures that can take assets from bankruptcy. In their byline, coreweave is at head of domino chain. Nvidia is at the end. It definitely would be disgraceful to sink “all our money” into protecting stock values behind skynet, but the most obvious means of propping up the bubble is for skynet project to buy all the tokens.





  • This is a very big deal. Industry largely pushed to accept this regulation. Natural gas is already worse than coal for emissions when exported accross an ocean, even when methane leakage is accepted as minimized (pipe connections are tested/replaced instead of presumed to be 0 leakage).

    Natural gas prices are low despite datacenter demand, and extreme disruption of global supply, and high US export capacity utilization, because maximum drilling for oil produces a lot of “free” natural gas. Regulations in question force to capture that natural gas and use it for something. Natural gas prices would skyrocket if rules removed, increasing Americans/global heating/electricity costs significantly, and at $100/bbl oil, more oil drilling incentives are not needed.

    This is more of “Global collapse is making our oil companies $100s of Bs” mission accomplished speech, but adding that more wealth needs to be transferred to them.



  • the existence of billionaires is itself an abomination of a broken economic system.

    the broken system is direct evil corrupting social governance. Money=speech means money= fraud, theft, terrorism, genocide. But it is the latter application of money that is evil rather than money. It is cause for liberating the evil from their money. Your view is simply dead wrong.

    The only path to wealth is accumulated propensity to savings. Extremely large yacht and epstein island orgy budgets, and MC hammer entourage hookers and blow, is wealth avoidance path. These lifestyle choices are the only path to trickle down, but you might hate them too, perhaps for the one trick “billionaire haters” hate.


  • but with the top rate at upper-middle income. You’re basically targeting doctors and lawyers as “the wealthiest”, when they also earn next to nothing compared with actual wealthy

    Progressive taxation stays, its just added to investment income (capital gains deduction no more) as well. It’s enough because its $3T additional revenue before carbon taxes. Billionaires “only” own $8T or so, and a wealth tax that applies just for them would need to be 35% of wealth every single year to raise the same amount. The $16m~ wealth level (top 1%) would need a 5% wealth tax every year to raise the same amount.

    The far more important social governance objective, is distributing social revenue to people as dividends is far more helpful than raising more revenue to pay oligarchs more for more wars. The goal shouldn’t be to generate anger at a group just because they saved wealth, it should be to maximize shared prosperity.