4 ms·
Worst ways to spend a fortune, and her politics largely align with mine, but.. "funds social movements that want to end the use of fossil fuels" We won't "rai
by steveBK123 3y ago
Worst ways to spend a fortune, and her politics largely align with mine, but..
"funds social movements that want to end the use of fossil fuels"
We won't "raise awareness" ourselves to a carbon-free future. We aren't going to vote away the need to heat/cool/power our homes/factories/transport/etc.
I'm also let down by "kitchen sink progressives" who while espousing the desire to end fossil fuel usage, are basically funding/promoting just about every left of center activist topic you can think of. I don't think this leads to great success in any one area.
I am fairly confident that activist-driven stuff around the edges like banning gas stoves in NYC is not putting a dent in the path to a carbon-free future.
The only things that will are nuclear/wind/solar generation, storage tech, transit, smart grid/transmission lines, and all the permitting reform needed to keep the NIMBYs & degrowthers & fake environmental review people from slowing it all down. Basically boring non-sexy stuff that doesn't animate the base.
I always find the 2nd/3rd generation philanthropist class a bit opaque as well. At least with the 1st generation, you have a pretty solid idea of their net worth and thus how much of a "sacrifice" their charitable works are (Gates/Mellon/Buffet/etc). With people like Hunt-Hendrix, you have only a pretty spotty record of giving (10s of millions) with no idea how much money she got for being born (50M? 100M? 2B?).
- steveBK123 3y agoAnd if you think I exaggerate the permitting reform stuff.. North of ~80% of IRA/CHIPS related investments since Aug 2022 have gone to red districts. https://www.ft.com/content/06fcd3dd-9c39-48d3-bb08-6d75d34b5ed1 https://www.ft.com/content/06fcd3dd-9c39-48d3-bb08-6d75d34b5... This lines up with the other numbers we have seen of oil&gas loving, renewable-hating Texas is also... the leading builder of renewables. Why? Because regardless of what the party controlling the statehouse prefers in red & blue states, it's just easier to build anything in a red state. Similar anecdote re: housing permitting/building in blue districts/states - in the entire 5 boros of NYC, there were ~200 housing unit permits approved in July. Look at some of the "housing units built per capita, by state" numbers like this - https://constructioncoverage.com/research/states-investing-the-most-in-new-housing https://constructioncoverage.com/research/states-investing-t... Blue northeast states like NY/PA/MA/NJ/MD are clocking in 18-30 units per 10K residents of construction. ID/UT/CO/SC/FL/NC/TX range from 66 to nearly 90 units per 10K residents. DC is an outlier as a high construction blue area around 66 as well.
- throw0101b 3y ago> Worst ways to spend a fortune, and her politics largely align with mine, but.. "funds social movements that want to end the use of fossil fuels" I don't know: spending a lot of money on social movements can effect society in all kinds of ways (good and bad): * https://en.wikipedia.org/wiki/Political_activities_of_the_Koch_brothers https://en.wikipedia.org/wiki/Political_activities_of_the_Ko... * https://en.wikipedia.org/wiki/Kochland https://en.wikipedia.org/wiki/Kochland * https://www.newyorker.com/news/daily-comment/kochland-examines-how-the-koch-brothers-made-their-fortune-and-the-influence-it-bought https://www.newyorker.com/news/daily-comment/kochland-examin... * https://archive.li/7aVtK https://archive.li/7aVtK
- steveBK123 3y agoYes. Koch bad. I guess I meant here "worst ways to spend a fortune, PROVIDED THAT her politics largely align with mine".