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This is a pretty massive setup, coming in at a capitol cost of 10 Trillion USD.

by gleenn 4y ago

schiffern 4y ago
Over 20 years. Per Tesla investor day,[0] this compares favorably to ~$14 trillion in investment that would be needed for fossil fuels over that time. [0] https://www.youtube.com/watch?t=2013s&v=Hl1zEzVUV7w https://www.youtube.com/watch?t=2013s&v=Hl1zEzVUV7w
cduzz 4y ago
As a fraction of human endeavor on this planet, rather than using some monetary unit... What was the cost of light and heat in 1850 relative to human output? Whaling and chopping wood and digging up coal, etc. 20%? 30% I'm sure it's been estimated. None of those 1850's assets survived electrification. How many 50 year old infrastructure assets of the coal and natural gas ages are still working fine? Lots of them, I'd wager. $10 Trillion seems like a lot (and oh boy, it is a lot), but that's how the soil gets turned over for the next season's crop. We don't harvest whale oil for lights anymore, though it was the primary source of high quality light in the 1840s. We shouldn't burn oil from the ground to boil water to spin a thing to make electricity 800 miles away from the light today.
- chrisweekly 4y ago
  > "We don't harvest whale oil for lights anymore, though it was the primary source of high quality light in the 1840s. We shouldn't burn oil from the ground to boil water to spin a thing to make electricity 800 miles away from the light today." Amen! :)
blake1 4y ago
Primary energy infrastructure planning takes place at a 20-30 year timeframe. GDP for 25 years is nearly $600 trillion USD, so the Master Plan is approximately 1-2% of available resources.
- oezi 4y ago
  US GDP * 25 = 600 trillion World GDP * 25 = 2,400 trillion Spending 10 trillion is less than 1% of world GDP over that time.
LegitShady 4y ago
the issue isn't cost rather its risk.
fundad 4y ago
Money printer goes what?
amoss 4y ago
How many liquidity injections and financial bailouts we will need over the twenty year timescale in the plan? One advantage of this plan is that it provides a direct liquidity injection and provides demand in several key industries. It goes without saying that an EV company would be a huge beneficiary from some of those funds, but I wonder what the net cost would be if it offsets the need for even some of the trillions being used to glue together the world economy since the events of '08.

This is a pretty massive setup, coming in at a capitol cost of 10 Trillion USD.

by gleenn 4y ago

This is a pretty massive setup, coming in at a capitol cost of 10 Trillion USD.

Over 20 years. Per Tesla investor day,[0] this compares favorably to ~$14 trillion in investment that would be needed for fossil fuels over that time. [0] https://www.youtube.com/watch?t=2013s&v=Hl1zEzVUV7w https://www.youtube.com/watch?t=2013s&v=Hl1zEzVUV7w

cduzz 4y ago

As a fraction of human endeavor on this planet, rather than using some monetary unit... What was the cost of light and heat in 1850 relative to human output? Whaling and chopping wood and digging up coal, etc. 20%? 30% I'm sure it's been estimated. None of those 1850's assets survived electrification. How many 50 year old infrastructure assets of the coal and natural gas ages are still working fine? Lots of them, I'd wager. $10 Trillion seems like a lot (and oh boy, it is a lot), but that's how the soil gets turned over for the next season's crop. We don't harvest whale oil for lights anymore, though it was the primary source of high quality light in the 1840s. We shouldn't burn oil from the ground to boil water to spin a thing to make electricity 800 miles away from the light today.

chrisweekly 4y ago
> "We don't harvest whale oil for lights anymore, though it was the primary source of high quality light in the 1840s. We shouldn't burn oil from the ground to boil water to spin a thing to make electricity 800 miles away from the light today." Amen! :)

blake1 4y ago

Primary energy infrastructure planning takes place at a 20-30 year timeframe. GDP for 25 years is nearly $600 trillion USD, so the Master Plan is approximately 1-2% of available resources.

oezi 4y ago
US GDP * 25 = 600 trillion World GDP * 25 = 2,400 trillion Spending 10 trillion is less than 1% of world GDP over that time.

LegitShady 4y ago

the issue isn't cost rather its risk.

fundad 4y ago

Money printer goes what?

amoss 4y ago

How many liquidity injections and financial bailouts we will need over the twenty year timescale in the plan? One advantage of this plan is that it provides a direct liquidity injection and provides demand in several key industries. It goes without saying that an EV company would be a huge beneficiary from some of those funds, but I wonder what the net cost would be if it offsets the need for even some of the trillions being used to glue together the world economy since the events of '08.