Didn't I read that Buffett has day-to-day management in place at Berkshire Hathaway now who are making some of these decisions? Do you know if these are all his call or not?
I'm not defending wind power. My question reflects my frustration in trying to understand why this wasn't anticipated before the utilities putting such a high degree of reliance on wind power. I don't know anything about utilities in Texas and would love to know how, in a state that I wouldn't think of as particularly 'green'-loving, this came to be.
After our long ugly political season, I guess I just want responsibility to be more of an issue. If you can share any links for my education I'd appreciate it.
Thanks for the info. However: to say 'wind power caused the blackout' is ludicrous. The utilities' RELIANCE on windpower is the problem. I bet houses with solar panels on their roofs have trouble when they're covered with snow too. Etc. Please make the case that the information supports and don't go down the rabbithole of 'alternate energy bad! fossil good!' - that just appeals to the lowest common denominator. Make your case more elegantly, please.
This reminds me of when Michael Arrington felt he had to leave TechCrunch when the threats against him escalated to physical violence. cf https://www.wsj.com/articles/BL-DGB-422
Seems awfully self-serving for him to claim that the future of travel is exactly what only his business can provide, ie places to stay in small-town America etc....
Not to negate your point, far from it, but could you clarify 'economy' (and/or 'period') when you say "during the same period, the economy grew by only $2.92 Trillion." Since 2008, GDP is up $7.5T, (in 12 yrs), so that would be closer to $5 in stimulus for every $1 in growth. Which still entirely supports the point but I just want to be on the same page you are....
They're refunding Broadway tickets thru next May now...heartbroken for all the people and businesses whose livelihood revolves around theatre district and tourism.
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Didn't I read that Buffett has day-to-day management in place at Berkshire Hathaway now who are making some of these decisions? Do you know if these are all his call or not?
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Sincere thanks for the response, John.
I'm not defending wind power. My question reflects my frustration in trying to understand why this wasn't anticipated before the utilities putting such a high degree of reliance on wind power. I don't know anything about utilities in Texas and would love to know how, in a state that I wouldn't think of as particularly 'green'-loving, this came to be.
After our long ugly political season, I guess I just want responsibility to be more of an issue. If you can share any links for my education I'd appreciate it.
How Wind Power Caused The Great Texas Blackout Of 2021-Part I
Thanks for the info. However: to say 'wind power caused the blackout' is ludicrous. The utilities' RELIANCE on windpower is the problem. I bet houses with solar panels on their roofs have trouble when they're covered with snow too. Etc. Please make the case that the information supports and don't go down the rabbithole of 'alternate energy bad! fossil good!' - that just appeals to the lowest common denominator. Make your case more elegantly, please.
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This reminds me of when Michael Arrington felt he had to leave TechCrunch when the threats against him escalated to physical violence. cf https://www.wsj.com/articles/BL-DGB-422
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Seems awfully self-serving for him to claim that the future of travel is exactly what only his business can provide, ie places to stay in small-town America etc....
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Not to negate your point, far from it, but could you clarify 'economy' (and/or 'period') when you say "during the same period, the economy grew by only $2.92 Trillion." Since 2008, GDP is up $7.5T, (in 12 yrs), so that would be closer to $5 in stimulus for every $1 in growth. Which still entirely supports the point but I just want to be on the same page you are....
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They're refunding Broadway tickets thru next May now...heartbroken for all the people and businesses whose livelihood revolves around theatre district and tourism.