*Nobel prize winning economist Paul Krugman has some interesting things to say: *
*Trump Is Losing a Second War <https://paulkrugman.substack.com/p/trump-is-losing-a-second-war>* *The following are some quotes from the above, but you should read the whole thing: * *"Because of the Iran war exports of photovoltaic cells from China have doubled in just one month to 68 GW. [a typical nuclear power plant produces about 1 GW]... It’s now clear that the closure of the Strait of Hormuz marks an inflection point: the global green energy curve, which was already on a rapidly rising trajectory, has suddenly become even steeper.[...] ** It is also the result of the worldwide realization that, with the end of Pax Americana, depending on imported hydrocarbons is a risk not worth taking. The United States cannot be relied on to keep sea lanes open when cheap drones can take out an oil tanker or a major pipeline. Even relying on oil and gas from America itself is dangerous, since one never knows when an erratic U.S. government – now under the control of a twice-elected malignant narcissist — will try to use energy as a tool of coercion."* *John K Clark See what's on my list at Extropolis <https://groups.google.com/g/extropolis>e* atc -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion visit https://groups.google.com/d/msgid/everything-list/CAJPayv0K4raAcViJT0KpTSoMZYwdS-vZw8HrLW6VSeSbxgbZeg%40mail.gmail.com.
