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"New" is relative, hence the Bill Gates picking up the penny example. Sure, it's a true statement the second he picks up the penny, but it's not a meaningful on
by cgriswald 8y ago
"New" is relative, hence the Bill Gates picking up the penny example. Sure, it's a true statement the second he picks up the penny, but it's not a meaningful one. In the case of the article, we are talking about a single quarter.
- ceejayoz 8y agoIt is meaningful here, though. If Gates started showing indications that he was primarily going to pick up pennies from now on, that'd have important implications and questions raised.
- durkie 8y agoThe article could have made a stronger case about the broader trends: although this is referring only to a single quarter's worth of new capacity in the US, this trend has been happening on a longer term in many other countries.
- thinkcontext 8y ago"New" is certainly meaningful. It gives an indication of where the market is going, investors want this information. It definitely meaningful to GE's natural gas turbine division, which has had big losses since demand has been less than they have forecasted "Renewables boom is a bust for gas equipment suppliers like GE" https://www.utilitydive.com/news/renewables-boom-is-a-bust-for-gas-equipment-suppliers-like-ge/524345/ https://www.utilitydive.com/news/renewables-boom-is-a-bust-f...
- cgriswald 8y agoSure, it has a meaning, but it does not have the meaning implied by the title, hence clickbait, which was paidleaf's point.
- thinkcontext 8y agoThe title says "new" and the article discusses new generation. Paidleaf said the title makes an implication about overall generation, how does it do that?