Røkke Shareholder Letter about Seetee

I just read a letter to shareholders by Kjell Inge Røkke on the subject of the new company “Seetee” he just funded. I had never heard of Røkke, but I just searched at Wikipedia and found out that he is Norway’s richest person with a career started in fishing and expanding to all sorts ofContinue reading “Røkke Shareholder Letter about Seetee”

Bitcoin Energy Use Problem

The Guardian released a short video yesterday where Alex Hern discusses his wrong views about the matter. He notes correctly that the Bitcoin network uses a lot of electricity. He also notes correctly that the percentage of renewable in the mix is large compared to other industries. He then somehow proceeds to tell people theyContinue reading “Bitcoin Energy Use Problem”

Lack of US Transmission Lines

David Roberts writes about this in a series of posts on his new David Roberts writes about this in a series of posts on his new “Volts” mailing list. First he notes why this topic is important. As in many other places that want to add massive renewable capacity, people find out that good locationsContinue reading “Lack of US Transmission Lines”

Book Review: Kim Stanley Robinson, The Ministry of the Future

This book was released in October 2020. I liked many things about it and disliked some others. Let’s get rid of the negative points first. This is supposed to be fiction, but the story is incoherent. Readers are treated to lots of completely different sets of characters and independent short stories. The whole thing feelsContinue reading “Book Review: Kim Stanley Robinson, The Ministry of the Future”

Trump Running on Climate

Emily Atkin notes at her heated.world newsletter that Trump is trying to point attention to Biden’s statement in the last debate about the oil industry. Asked if he would close down the oil industry, he said yes. Trump called that a “big statement” and hopes that Texas and Pennsylvania, which have significant oil industry, takeContinue reading “Trump Running on Climate”