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Who wants to invest in a plant that will take at least ten years This points out one of the sad flaws of the human race and ultimately, it's probably the one t
by JohnBooty 5y ago
Who wants to invest in a plant that will take at least ten years
This points out one of the sad flaws of the human race and ultimately, it's probably the one that will lead to our downfall.
We're absolute crap at thinking long-term.
Look at you, talking about ten years as if it's eons. You're not wrong, of course! Capital doesn't like to invest in projects ten+ years before ROI.
But ten years is not a long time. We should be thinking about many, many things at least ten years in the future. Hell, forget ten years. We should be plotting our energy strategy with an eye to the next hundreds of years.
Of course, we won't, because we're humans and we really struggle to think past next week. And those of us in democracies have designed a system that literally punishes politicians for thinking beyond the next election cycle.
- ncmncm 5y agoThe future is not that predictable. Who in 2000 would have guessed solar and wind would be radically cheaper than coal? No 100-year plan would have mentioned them. If small-scale hydrogen-boron aneutronic fusion becomes unexpectedly practical in 20 years, all the other plans go out the window.
- kuhewa 5y agoShit, we didn't even understand the implications of improvements in fracking and other improvements in extraction efficiencies from 'dirty' hydrocarbon sources would have, in the mid-oughts peak oil was on the horizon with nothing feasible that could fill the coming gap.