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The world is bigger than just California, and I thought that SV startups target "world dominance" by default :)
by mamon 7y ago
The world is bigger than just California, and I thought that SV startups target "world dominance" by default :)
- tlb 7y agoMost advanced economies are phasing out coal. Worldwide it's less than 30% of power generation. Also, fuel is fairly transportable. You can produce the fuel wherever renewable electricity is most available, and sell it worldwide. The economics are comparable to aluminum, where a large fraction of the world's supply is produced adjacent to geothermal power stations. https://en.wikipedia.org/wiki/Economy_of_Iceland#Aluminium https://en.wikipedia.org/wiki/Economy_of_Iceland#Aluminium