leftist themed nujob conspiracy mill

The Republican party is ripe for conspiracy theory targets.

Epstein had close ties with Trump and his attorney general Bill Barr (whose father hired Epstein to teach at a prestigious private high school without a college degree, where he was known for ogling the high school girls and showing up to parties where underage drinking was happening). The waitresses and hostesses at Trump’s Mar a Lago were also regularly recruited to work at Epstein’s island. Alex Acosta, the federal prosecutor who agreed to a secret plea deal where Epstein served a slap on the wrist in a local jail instead of real prison was later elevated to Trump’s cabinet, as Labor Secretary.

Now, Trump has named another child sex trafficker as his nominee for Attorney General.

There are suspicious ties between the Saudi royal family and key members in Trump’s orbit, including his son in law Jared Kushner. Elon Musk has been doing sketchy shit with the Saudis and the Russians, as well. Basically everyone in Trump’s circle, including his nominee to be the director of national intelligence, has shady ties with foreign adversaries.

There’s lots of other little things about financial profiteering by the Trump folks: an SBA COVID bailout that went to huge businesses, a move to privatize or sabotage the public postal service and the weather service to help the private competition, arbitrary or politically motivated regulations to help certain businesses while hurting others, etc.

I mean, it really wouldn’t be hard.

Yeah, the IRA and Infrastructure Bill steer about $67 billion to railways, $80 billion to transit systems. And even though a lot of the other spending goes towards the status quo of car-based passenger transportation, electrifying that will go a long way towards reducing carbon emissions.

And there are some more ambitious ideas baked in, too: redesigning cities to require less car infrastructure and overall energy use, etc.

I thought it was a big deal when passed and honestly can’t understand why people who care about climate don’t acknowledge just how big of a deal it was (and how devastating that so much of the money authorized will now be in control of a Trump administration).

The Inflation Reduction Act included $65 million in research grants for low emission aviation and $245 million in development of biofuel based Sustainable Aviation Fuel (aka SAF). And the $3 billion in loan guarantees for manufacturing advanced vehicle technologies included certain aircraft.

There were also $5 billion in loan guarantees for shutting down our heaviest polluting power plants or retooling them to greener generation methods.

There was $3 billion in buying zero emissions vehicles and charging infrastructure for the postal service.

The Inflation Reduction Act, which inherited a lot of the stuff from the Green New Deal, was a lot of things, and I don’t think I’ve ever heard it called deeply unserious before today.

I haven’t combed through the data in a minute, but I want to also say that they’re also leading in fossil fuel deployment too.

Yup, China is also leading the planet on new coal plant construction. As of 2 months ago, it seemed to be on track to add 80GW of coal generation capacity in 2024 alone, and accounts for more than 90% of new coal construction.

By way of comparison, the US peaked in total coal plant capacity in 2011 at 318GW, and has since closed about 134GW of capacity, with more to come.

In context, what we’re seeing is massive, massive expansion of electricity generation and transmission capacity, both clean and dirty, in China. We can expect China to increase its total carbon emissions each year to be closer to the West, while the United States reduces its own from a much higher starting point. Maybe the two countries will cross in per capita emissions around 2030 if current trends continue, but there’s no guarantee that current trends will continue: will the United States continue to shift from coal to gas? Where does grid scale storage, electrification of passenger vehicles, demand shifting, or dispatchable carbon free power go from here, in a future Trump administration? What’s going to happen with the Chinese economy over the next 5 years? What technology will be invented to change things?

There’s been some reporting that Musk’s Super PAC has been paying its workers so well that it’s poached a bunch of the volunteers from the official campaign, and is so poorly run/audited that a lot of the workers are entering false data into the canvassing reports to qualify for bonuses. If that turns out to be true, then it will have been the case that Musk is burning his own money while hurting the Trump campaign.

I’m not ready to call the race, but stories like this at least reassure me that for Republicans, they’re not sending their best.

I made my own “cell phone service” but it only works within 10m of my home.

Upfront costs are expensive. But operational and fuel costs are very low, per MWh.

So take the upfront costs at the beginning and the decommissioning costs at the end, and amortize them over the expected lifespan of the plant, and add that to the per MWh cost. When you do that, the nuclear plants built this century are nowhere near competitive. Vogtle cost $35 billion to add 2 gigawatts of capacity, and obviously any plant isn’t going to run at full capacity all the time. As a result, Georgia’s ratepayers have been eating the cost with a series of price hikes ($700+ million per year in rate increases) as the new Vogtle reactors went online. Plus the plant owners had to absorb some of the costs, as did Westinghouse in bankruptcy. And that’s all with $12 billion in federal taxpayer guarantees.

NuScale just canceled their SMR project in Idaho because their customers in Utah refused to fund the cost overruns there.

Maybe Kairos will do better. But the track record of nuclear hasn’t been great.

And all the while, wind and solar are much, much cheaper, so there’s less buffer for nuclear to find that sweet spot that actually works economically.

That was true in the 70’s, too. You always needed a way to show that people would pay the long term prices necessary to cover the cost of construction.

The big changes since the 70’s has been that competing sources of power are much cheaper and that the construction costs of large projects (not just nuclear reactors, but even highways and bridges and tall buildings) have skyrocketed.

There’s less room to make money because nuclear is expensive, and cheaper stuff has come along.

One of the great sins of nuclear energy programs implemented during the 50s, 60s, and 70s was that it was too cost effective.

I don’t see how any of this has any bearing on financial feasibility of power plants.

For what it’s worth, before the late 90’s there was no such thing as market pricing for electricity, as prices were set by tariff, approved by the Federal Energy Regulatory Commission. FERC opened the door to market pricing with its Order 888 (hugely controversial, heavily litigated). And there were growing pains there: California experienced rolling blackouts, Enron was able to hide immense accounting fraud, etc. By the end of the 2000’s decade, pretty much every major generator and distributor in the market managed to offload the risk of price volatility on willing speculators, by negotiating long term power purchase agreements that actually stabilize long term prices regardless of short term fluctuations on the spot markets.

So now nuclear needs to survive in an environment that actually isn’t functionally all that different from the 1960’s: they need to project costs to see if they can turn a profit on the electricity market, even while paying interest on loans for their immense up front costs, through guaranteed pricing. It’s just that they have to persuade buyers to pay those guaranteed prices, rather than persuading FERC to approve the tariff.

As a matter of business model, it’s the same result, just through a different path. A nuclear plant can’t get financing without a path to profit, and that path to profit needs to come from long term commitments.

It can take over a decade to break even on operation, assuming you’re operating at market rates.

Shit, it can take over a decade to start operations, and several decades after that to break even. Vogtle reactors 3 and 4 in Georgia took something like 20 years between planning and actual operational status.

Now maybe small modular reactors will be faster and cheaper to build. But in this particular case, this is cutting edge technology that will probably have some hurdles to clear, both anticipated and unanticipated. Molten fluoride salt cooling and pebble bed design are exciting because of the novelty, but that swings both ways.

I still think it’s too expensive, and this contract doesn’t change my position. Google is committing to buying power from reactors, at certain prices, as those reactors are built.

Great, having a customer lined up makes it a lot easier to secure financing for a project. This is basically where NuScale failed last year in Idaho, being unable to line up customers who could agree to pay a sufficiently high price to be worth the development risk (even with government subsidies from the Department of Energy).

But now Google has committed and said “if you get it working, we’ll buy power from you.” That isn’t itself a strong endorsement that the project itself will be successful, or come in under budget. The risk/uncertainty is still there.

You could put Wendy’s, Walmart, Northrup Grumman, Tyson, Bank of America, whatever, into this, and just change the last line a little bit, and I still would not be able to determine if its satire or not.

I read this as an oblique reference to the “you’re not you when you’re hungry” campaign. It’s a bit of a reach, but it works.

Corporate Advertisement in general is almost completely stylistically played out

It’s like any other thing with fashion or styles. Trends come and go, different eras have distinct markers, later eras may intentionally evoke references or tributes to earlier eras, or other contemporary trends in other fields.

Teeth can need work from physical trauma, too. Getting hit in the head while hunting or fighting or just hiking might cause a cracked tooth, which can be deadly in the absence of dental care. Or just while eating, sometimes a stray rock or bone fragment or shell might cause an issue.

Lots of other species can regrow teeth in adulthood, even a handful of other mammals. All sorts of animals can have tooth problems in the wild, so I wouldn’t assume that prehistoric humans were exempt from that general danger.

The sign of a successful ad campaign is when the campaign itself gets satirized to continue to build on brand awareness.

https://en.wikipedia.org/wiki/Nose_flute

What, a ghost choked you in Switzerland?

They’ve got a good, but not perfect, track record of actually uncovering illegal conduct by their targets.

• They exposed Nikola’s fraud (including exposing the video they published pretending that their prototype rolling downhill was moving under its own electric power) and their findings led to the Nikola founder’s indictment about a year later.
• They alleged fraudulent disclosures and financial statements by Nigerian conglomerate Tingo Group, and the government ended up indicting the founder for securities fraud.
• They showed that Lordstown Motors was drumming up fake demand by literally paying potential customers to sign letters of intent to join the waitlist for their not-yet-created electric truck. The SEC ended up charging them with misleading investors, and brought action against their auditor who had conflicts of interest.
• They exposed the obvious fraud of EbixCash, a gift card network, and tanked its IPO, by showing that they were lying to investors about the existence of their partners (using photoshopped buildings and fake addresses and phone numbers), lying about app downloads, and almost all of the revenue was from their own sister companies. This exposure brought down its parent company, which ended up in Chapter 11.

They’ve had less success accusing two huge well-connected investors of fraud:

• They published a report that billionaire Carl Icahn was manipulating the share prices of his fund by using a sophisticated ponzi scheme structure that paid old investors using new investors’ cash. The SEC ended up investigating and settling for a disclosure violation about failing to disclose their pledge of more than half the stock as collateral, but didn’t actually find facts confirming the meat of the Hindenburg accusation.
• They’ve gone after India’s Adani Group for accounting fraud and stock manipulation, but that hasn’t led to anything actually uncovered. India’s security regulator has concluded their investigation without findings of wrongdoing, but Hindenburg has doubled down and says the regulator is compromised by corruption. Adani’s founder is close to India’s Prime Minister.
• They alleged that Block/Square was aware of, but doing nothing to stop, widespread fraud in its Cash App and debit card transactions. That wasn’t enough to actually move the stock price, because it was kinda a weak accusation, they didn’t really show that Cash App was any different from any other similar fintech product, and Block is a much bigger company that has lots of other business units.

The problem is that most of us on the outside looking in just see accusations, some of which are proven years later, and some of which never get proven, so we don’t have a good sense of which ones are real or not, whether anything is overstated, or whether it actually makes a difference to the underlying company.

At this price point, he can hit.

Are they working alone, or do you envision groups who can stop, collaborate, and listen?

Dammit for the last time you can’t wear an NBA jersey and shorts here, this is a doctor’s office.

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