Distributed. New transmission lines have big nimby issues, and many existing corridors are already getting overloaded. There are recurring attempts to reform the permitting process (in the last Congress it was called EPRA/energy permitting reform act), but… we’ll see.
Bureaucracy is the main thing holding back clean energy right now, rather than economics. You can see this in how Texas, which has lax grid regulation but isn’t biased towards clean energy has far surpassed CA, which subsidizes and got a big head start, in wind/solar generation in a few years.
I found much better results with smallish UI elements in large screenshots on GPT by slicing it up manually and feeding them one at a time. I think it does severely lossy downscaling.
Don’t have much to add except huge congrats on relaunching. What a move, not only bringing it back from the dead, but also doing it in a way that many people dream that companies would. I just bought an Apple Watch, but this is really tempting.
If you make the carbon tax revenue neutral, and dividend out the whole take per capita, those below median carbon emissions should end up ahead, and it does end up resting on the wealthy, since carbon emissions generally scale with spending.
Have you ever read about people burning piles of German currency because it was better than using it to buy firewood with? Not to say we would get there, but allowing inflation to run is not kinder.
Inflation like that doesn’t just happen. It can only be the outcome of explicit government policy. Like in post WW1 Germany they wanted to wipe the value of all domestic government debt they accumulated during the war.
Eh my understanding was more that they had to cover fiscal deficits with printing, because they had heavy WW1 war reps (only payable in gold, so they couldn’t inflate it away).
There are times when it’s politically infeasible to defend the currency, even if they technically could. See the response in France to trying to raise the retirement age a bit, because their budget is in trouble.
Supposedly Germany was spending around 80% of its tax revenue on interest payments alone. They pretty much had to finance the war through domestic bonds.
So yes, pretty they didn’t have any money to spend on anything else. Of course bonds became worthless well before the peak in inflation.
Those are more recent examples, but I think Germany is still a more visceral example for a lot of Western nations because Germany was a high tech, educated industrial nation that was hit with such massive problems from government policy. It's closer to home. Other countries are (wrongfully) easier to dismiss as being just too different from our wealthy and enlightened selves.
Also, Germany was a great power seriously challenging the greatest power of the time, the British Empire. They fell a lot further than those other examples.
People get confused the hyper inflation in Germany was right after the end of WWI when Germany's economy was collapsing. Turns out you can't fix that with monetary policy.
A point. Economists like people to believe that hyper inflation lead to Hitler. When it was austerity policies at the start of the great depression 10 years later that lead to the Nazi's winning in 33. Same austerity policies in the US lead to FDR and the Democrats winning.
Unfortunately we're looking more like Hogan's Heroes than Germany. Both Zimbabwe and Argentina (and, quite frankly, Venezuela) were well developed before they went down the road of disastrous policies.
Wonder if you could train a neural net to take camera recordings and basically reconstitute the original. For a given setup, the distortions should be pretty consistent.
Bureaucracy is the main thing holding back clean energy right now, rather than economics. You can see this in how Texas, which has lax grid regulation but isn’t biased towards clean energy has far surpassed CA, which subsidizes and got a big head start, in wind/solar generation in a few years.
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