landl0rd
Joined 1 year ago
Joined 1 year ago
Fortum said Google's commitment would support an investment programme aimed at extending the life of the nuclear station and increasing its generating capacity."
Long-term PPAs are what you usually want because they are bankable and give you solid demand on which to expand. Which is literally what they're talking about doing.
I wouldn't consider this particularly hypocritical for even most people opposed to computing at the gigawatt scale, but for someone who believes a 3060 is over the line it's another story.
This is why "subsidized tokens" is possibly a misnomer. Money at lower variance is worth more than the same money at higher variance. Not "subsidy" so much as reducing risk and passing some of that to a consumer.
More egregiously FAME is a polar solvent that eats your elastomers, even some fluoroelastomers. It will also attack your polysulfide tank sealant. The remark that it's "technically feasible" to decrease oxygen through hydrogenation is not at all sufficient. Now you're into requiring catalyst beds and a hydrogen plant which makes this much less appealing. Plus ester instability when you sink heat into fuel. Plus freeze point. This is literally a tracked contaminant banned above mg/kg levels that doesn't even have very good properties otherwise they want to run as a major constituent of fuels.
If what you're upset about is claim denials those are occasionally illegitimate because insurance, like literally everything else, has the occasional bad actor. There's also a massive industry of attorneys who will work on contingency and provide legal representation to resolve that. Much more commonly, it's someone who didn't read his policy, or did but decided post-hoc what it "should" cover. He "shouldn't" have to bear the cost despite not taking out a more comprehensive policy beforehand. This isn't a "capitalism" problem; single-payer systems, generally agreed to be socialistic in nature, still don't cover some things and generally require coverage specifically to avoid people deciding they "deserve" coverage after they get sick. The other major category is things like business insurance in 2020; most policies wrote out plague after the SARS outbreak in the aughts. This isn't "insurers are evil" so much as bio risk is massively correlated which breaks a lot of things about underwriting.
Lots of "acts of god" are, in fact, covered and pay out all the time. Hail and wind and such. Things like flood aren't, because a relatively small number of people live in floodplains and they tend to not want to bear the entire risk. People who live outside of floodplains, on the other hand, don't buy flood insurance, because they don't need it. So you have a lot of adverse selection that makes it hard to insure.