hydrogen18
Joined 13 years ago
Joined 13 years ago
As far as medallions go, that is just the result of government regulation. Plenty of industries wind up being populated with nothing more than a bunch of rent seekers. The government sets up an artificial scarcity where there is none to control negative externalities. The fix is easy: require the license holder to be the one that actually uses it. No leasing to others. As far as I know, no one has done that for commercial licensing. Ironically for private licenses (fishing license, etc.) this is already the case.
So in comes this notion of capture. Capture to me means taking existing processes which produce carbon dioxide and somehow sequestered. So you've got a plant that burns natural gas to produce electrical power. If you capture the carbon dioxide and somehow incorporate it into something else that people need, they have an incentive to keep it capturing. The obvious example would be bricks. Use the bricks to build a structure, people preserve and use the structure. The carbon dioxide is captured. Obviously no one has figured out how to create room temperature bricks of carbon dioxide.
My issue with this project is they basically are shoving some carbon dioxide containing material in the ground and saying it is somehow captured. It might stay down there for a million years or just a few months. It's like the fracking industry claiming it doesn't impact the environment.
I guess if you buy cash you might not know, but in general it's in the documentation you get while purchasing a house here in TX.
For example, Albert Speer wrote that although Adolf Hitler had a very well established reputation of being impatient and intolerant of mistakes in the public sphere, he apparently was totally opposite in private. Speer wrote that even if a civil servant's work was completely inadequate Hitler would simply send it back until it was acceptable. If this failed he'd just move the person to another role and ask someone else to complete it.
Two years later OmniCorp B enters into a deal to add them to their portfolio for whatever price they agreed upon. OmniCorp B now owns the physical Cisco gear but doesn't have a license to use it?