This is basically a meltdown-proof reactor wtf lmao

Yeah fuck Canada ig

Edit: just to clarify, the Canadian government gave them more than half a billion for the EV retrofit. Guess that’s all money pissed into the wind now.

It’s not subsidized though guys don’t worry

To celebrate Tesla’s US$788 billion market cap in comparison to BYD’s $93 billion is to confuse incentives with outcomes. Both companies receive generous tax breaks and other government goodies. That Tesla is far more profitable than BYD while EVs have far less market penetration in the US is evidence of policy failure, not Elon Musk’s brilliance. Tesla pocketed the incentives while BYD (and competitors) delivered outcomes.

What we want from the butcher, the brewer and the baker are beef, beer and bread, not for them to be fabulously wealthy shop owners. What China wants from BYD and Jinko Solar (and the US from Tesla and First Solar) should be affordable EVs and solar panels, not trillion-dollar market-cap stocks. In fact, mega-cap valuations indicate that something has gone seriously awry. Do we really want tech billionaires or do we really want tech?

Putin can wax lyrical about Russian history going back millenia without notes. Biden can…

A recession typically follows after interest rates come down (interest rate cuts are a leading indicator of a recession because the Fed is usually too slow to cut).

Meanwhile US O&G:

This is where China’s “debt trap diplomacy” might actually be beneficial for Kenya…

China’s loans serve to improve the top-line (economic growth), and China’s loan concessions don’t affect that. When Kenya puts Mombasa Port’s 50-year operating and port fees up for collateral, that’s a hit on the bottom line (Kenya’s government revenues) but does not change the fact that the port still exists to drive economic growth. Moreover, often the short-term hit in port revenues is less than the interest that would’ve been paid on the loan, so these collateralized loans are often cashflow neutral or even cashflow positive to default on.

The IMF and World Bank are more focused on padding the bottom line (tax revenues) by increasing taxes and decreasing subsidies. What an insane policy.

If a country can’t grow, how can you expect it to pay off it’s loans? The entire principle of government loans in the 21st century is that GDP growth makes loans progressively less expensive. The IMF and World Bank exist only to keep developing countries poor.

How much internal migration between Crimea and other regions has there been? The population of Crima has hovered around 2 million for decades.

Dividing America by building infrastructure instead of dumping trillions of dollars into the next military superproject.

I shouldn’t need to say that not only natural gas bad, but oil also bad

I’m cautiously optimistic that the burger empire will embrace HSR like the rest of the advanced world. America’s competition is no longer the Soviet Union, but China.

Heat is actually surprisingly easy to moderate with green spaces, water, shade, and wind.

Unfortunately, roads, roofs, and buildings fuck that all up.

Plant trees along every road. Line every building roof with greenery. Water that greenery, and centrally control how it’s watered to create temperature/humidity differentials and thus wind throughout the entire city.

Removed by mod

Can you ban people for spurious reports too thx

The real answer is that most roads are a transient solution as transit gets built out. They should form an auxiliary network, not the backbone of a country’s transportation.

In this case Russia shot down everything and there were casualties.

Yay I love little explosive pellets

It’s not. Americans just can’t live without AC.

Building, or built? Either way, maybe these companies will come out with a better design than Tokamak, but until then they’re literally just research ventures because the vast majority of investment at actually scaling fusion is happening for Tokamak tractors.

That’s from a lack of vision rather than anything else. Google is IIRC