Also, lots of state and local governments in the US have strong renter protections.
For sure. I think trying to preserve these tools is a bit of a waste of time. But extending their lifespan is always a win in my book
When the damage is presented in spreadsheets and charts its easy to ignore the cost, especially for those pushing the piles of money around.
Nuclear could be useful in applications that need a high energy load on-site, like steel, cement, and nitrogen production
I definitely recommend looking into some of Dr. Fowlers history, he’s such a cool person and his work with Crop Trust was so cool.
In 2008, the most likely projections had us around 4.5 degrees of warming. So, there is progress. Insufficient progress, we need to double down, but progress nonetheless
No, but it does change the implication. If leasing doesn’t lead to drilling, then it’s a pretty negligible concern
Overall, oil companies are withdrawing investment from exploration and new drilling. It seems oil companies are not drilling new but riding out on the investment they’ve already made plus utilizing market power to squeeze out profits. In terms of Biden’s political calculus, it seems that they think new drilling leases don’t involve much risk of increased oil coming onto the market, but it does improve his position among voters, especially in an era of inflation. Plus, this gave him political capital to pass the IRA, especially with Manchin.
This video goes more into detail of the economics behind this trend: https://www.youtube.com/watch?v=AQbmpecxS2w
I figured there were some issues like that, I think I’m more into the general idea than this specific execution
The atomization of decision-making allows entrenched interests to disrupt progress. If you’ve ever been to a city planning meeting, you can see how NIMBY homeowners block transit upgrades or affordable housing. Sometimes consensus is impossible