2 ms·
It is particularly a problem in high capex projects with opaque cost accounting, particularly nukes, urban tunnels, weapons procurement, and crewed spaceflight.
by ncmncm 4y ago
It is particularly a problem in high capex projects with opaque cost accounting, particularly nukes, urban tunnels, weapons procurement, and crewed spaceflight.
Solar and wind projects seem thus far relatively immune.
- deleted 4y ago[deleted]
- deleted 4y ago[deleted]
- a9h74j 4y ago> Solar and wind projects seem thus far relatively immune. The relative priority/urgency assigned by governments is probably a factor here. I have seen analysis suggesting the "learning curve" for wind has turned upward in places, rather than declining. There might also be some political science term for there being a learning curve in corruption as well. Or as is ascribed to Eric Hoffer, every social initiative ends, in a third phase, as a racket.
- ncmncm 4y agoRenewables have the structural advantage that costs are relatively transparent. N units x P per unit x fractional overhead k (<<2) is C, expected cost.