The National Environmental Policy Act (NEPA) handicaps energy developers and subjects them to a stifling bureaucratic process that is preventing them from building the energy infrastructure America needs to get and stay ahead of its geopolitical rivals.
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NEPA means review.
If you want to build something, the environmental impact has to be assessed. You need an environmental impact statement, and it can take a long time to deal with those.
So long, in fact, that many projects just shut down.
These projects are not one-offs either.
In fact, most solar and pipeline projects get hit by environmental impact statements, and large portions of them are canceled after putting up with the delays.
Often when we talk about the government impeding progress, we talk about invisible graveyards.
For example, in the 1980s, it was alleged that the FDA created an invisible graveyard of gay men who couldn't get sufficient medical treatment for HIV as a result of agency decisions.
With NEPA, it's harder to see what the regulations cause us to miss out on because the graves aren't usually so literal.
But we have something very close: wildfires.
I'm sure some of you will remember when the sky over San Francisco turned an eerie red.
Destructive wildfires are unfortunately common in the U.S., but they don't have to be
Sadly, when the Forest Service applies to treat more forest to prevent wildfires, they have to undergo NEPA review, delaying their ability to do their jobs.
Result? Flammable, overgrown woods.
The irony of the "National Environmental Policy Act" is that it is killing the environment.
Entrepreneurs and the government alike want to do things to make the U.S. a greener, safer, and less polluted place, but NEPA has made that process arduous and often impossible.
Like the Jones Act, NEPA must be fixed.
All of this comes from @AidanRMackenzie's new piece on NEPA and the need for reform.
As a recap on my appearance, Eli Lilly is pursuing:
- A one-dose drug for preventing most heart disease
- A vaccine for chlamydia
- A vaccine for gonorrhea
- A vaccine for Epstein-Barr
- A drug that lets you stay awake longer and feel more rested
And remember, Eli Lilly's big break historically was the University of Toronto licensing them to produce insulin.
They started off by giving it out for free, saving the world's diabetics at a time when there was no treatment available.
They've always been a force for good.
I think
- The heart disease drug will succeed
-- Will it commercialize? It can, easily. But I'm 50/50 due to the competition
- Chlamydia and gonorrhea vax will succeed, but I don't see much commercial potential with Lilly
- EBV vaccine will fail with Lilly, succeed eventually
Are White women the primary beneficiaries of affirmative action?
That's a real claim that's commonly advanced by journalists, and the claim has gone so far that it's even made its way into academic publications and policy.
But the claim is completely false🧵
This claim doesn't make a lot of sense. After all, shouldn't the primary beneficiaries of affirmative action be the people who the policies primarily target?
In America, that's African Americans and, among them, women get an added benefit. How could it be Whites?
To figure out where the claim comes from, I started reading supposed sources.
Often enough, journalists will just take the claim for granted without providing *any* source.
It's just tacit knowledge now, and that's not good!
World War I devastated Britain and likely slowed down its technological progress🧵
The reason being, the youth are the engine of innovation.
Areas that saw more deaths saw larger declines in patenting in the years following the war.
To figure out the innovation effects of losing a large portion of a generation's young men who were just coming into the primes of their lives, the authors needed four pieces of data.
The first were the numbers and pre-war locations of soldiers who died.
The next components were the numbers and locations of patent filings.
If you look at both graphs, you see obvious total population effects. So, areas must be normalized.
You know how most books on Amazon are AI slop now? If you didn't, look at the publication numbers.
Compare those to the proportion Pangram flags as AI-generated. It's fully aligned with the implied numbers based on the rise over 2022 publication levels!
Similarly, the rise of pro se litigants has come with a rise in case filings detected as being AI-generated, and with virtually zero false-positives before AI was around.