SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (494937)7/19/2022 4:24:38 PM
From: cosmicforce  Respond to of 541109
 
Not "cold turkey" - who said that? Where are the "Windfall Profits Tax"? Oh - Congress is on the take:

Putting the carrot and stick to work with Adam Smith's invisible hand certainly was done for Standard Oil, often characterized as a "defense initiative" but in reality, to enrich a few. Semiconductor industry was largely a spinoff technology from the Space Race. These things can be verified.

History of oil depletion allowances.
motherjones.com

From Northrup/Grumman themselves on semiconductors.

now.northropgrumman.com

Another reference
fastcompany.com



To: Wharf Rat who wrote (494937)7/19/2022 8:41:42 PM
From: koan  Read Replies (1) | Respond to of 541109
 
The president could do a Manhattan project and build tons of large solar and wind farms, but the carbon industry would use the Republican party to protest that.

Large solar and wind farms about as economical as oil and gas these days I think!!?

<

"But going (green, my edit) electric could be argued as a national security imperative. That would take years to undo."

About half or a third as long as it would take to actually do, even if it was all done thru the legislative process. There are no quick fixes, even tho that's really what we need. We can fuck up the economy, like the Depression on steroids kind of fuck up, by going cold turkey on fossil fuels, but it will take 25 or 30 years with our current economy to replace the lost energy.