My spiciest infrastructure bill take is that the "clean energy R&D" funding is basically a subsidy for annoying nuclear obsessives on Twitter.
Nuclear has historically sucked up the lion's share of energy R&D (and still gets the biggest slice today) because it's very complex and basic science-y, done by white lab coats not blue collars etc.
The generous funding for nuclear research combined with its fairly fundamental economic weaknesses means that it's a top-heavy field, with huge expertise in "paper reactors" even while real-world technology is basically updated 1960s reactor designs.
IMO the most important trick for reducing zero-carbon power isn't R&D but Henry Ford's principle of "build an absolutely massive factory", and let economies of scale and incremental improvements in boring stuff like cutting solar panel glass engender huge cumulative advances.
FWIW the "small modular reactor" movement at least recognizes that these issues of cost and technological learning are crucial.
And we should keep existing nuclear plants running as long as possible, while continuing to build new ones to start operating in the 2030s as part of a path to zero-carbon power.
And I was getting bullish on nuclear-powered shipping just this week!
But IMO the amount of expertise on nuclear technology vastly outweighs its real-world application, and many of the solutions to decarbonization are much more humdrum incremental technological learning, rather than breakthrough science. (ends)
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One yardstick for measuring the White House's $3 trillion-over-10-years infrastructure plan and Congressional Democrats' $10tr counter-offer is that China issues about $500 billion in infrastructure debt each year.
To be clear, those are figures for local government bonds in aggregate — but almost all of that goes on infrastructure, which receives non-local government financing in addition.
It sounds like the various U.S. infra plans will include some social-ish spending, too.
Think the Ever Given was a monster ship? The next generation of container vessels is going to make it look like a bath toy, pushing up against hard limits for the size of boats:
Container ships have again and again defied predictions that their size was approaching maximum limits.
One famed 1999 study argued that the biggest possible ships would be able to carry 18,000 containers, or TEUs (20ft-equivalent units). The Ever Given carries 20,124 TEUs.
At the time it launched in 2018, only a handful of 20,000+ TEU ships were on the sea, and the first had been launched less than a year ago.
There's now more than 100 of that size sailing or under construction. The biggest ones are 24,000 TEUs, 20% bigger than the Ever Given!
The Ever Given getting stuck while traversing the Suez Canal is playing out as a sort of slapstick routine.
But it underlines a serious point that's in many ways the axis on which modern geopolitical tensions turn.
If you can control ocean straits, you can control the world.
That's been the case since ancient times.
We don't know that much about what caused the Trojan War or whether it even happened, but there's lots of evidence that historical Troy was a trading centre of huge importance to ancient Greek states:
("Probably" because the data gets very patchy outside of England as you go earlier. But it's hard to believe that 1086 Scotland had more forest than 2020 Scotland, given where it was in 1350)
Other crazy facts: Japan and South Korea are more densely forested than Brazil and Russia.
After Xi Jinping's pledge in September to hit peak emissions this decade and net zero by 2060, some of the most important detail will be what's announced on the climate front.
China last year accounted for more emissions than the U.S., European Union, and India *put together*.