this post was submitted on 25 Jul 2023
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Hey man I'll just leave this here: https://www.siemens.com/global/en/products/financing/siemens-financial-insight-center/blog-post-capex-trends-and-investment-enablers.html
Also glad to hear you're for dense cities and energy deregulation. End single-family zoning.
Lmaooo "Greenablers". What a joke. That's literally a corporate PR puff piece. How is corporate greenwashing PR supposed to convince me that Capitalism drives innovation (or is good for the climate?) when countless studies of data prove it wrong? The only piece of data he cites is about the billions being spent on the 'energy transition'. I checked out his source. A good chunk of that is just government investment. Another big chunk of that is electric cars - a really stupid thing to invest in as they'll compete with renewable energy for rare earth minerals etc. Not to mention all the emissions they'll cause in production, and the fact that they'll still need half the world to be paved over in asphalt for roads and parking. Better than petrol or diesel sure, but hardly efficient.
Dense cities yes. End single-family zoning yes (doesn't really exist where I live, the US is an insane place).
Energy deregulation no. I'm sure it will be great for opening new coal plants, not a chance in hell will it lead to more nuclear power or anything useful.
More on the data: global investment in the energy transition in 2021 = $755 billion total investment in energy in 2021 = $1.9 trillion (source)
Also I'll just leave this here:
source
It's literally an investment blog lol.
Also you don't need to tell me your thoughts on things. That was me ending the conversation on a friendly note.
Yes, I see that. It's an investment blog written by the account manager of a major finance company. I'm sure he has no vested interests whatsoever and is just trying to be as factually accurate as possible.
If you don't want to read other people's thoughts on things, don't post yours on an internet forum lol.
Am happy to end the conversation on a friendly note though. If we were having this chat in person, i'd say 'fuck it, let's grab a beer and chill'. See ya.
You have a good one bro!