The Wisdom Wall
7 quotable lessons, heuristics and mental models. Every one is playable at the moment it was said. No fortune cookies allowed.
“It's important for this sector to stop acting like it's alternative. When you're 80% of everything being deployed every year, sometimes 90%, politics is part of this. So are regulations, so are lots of other things. Like, people have to make sure that they understand what it means to be a dominant industry in this…”
“One, Everything needs to be opt out. This notion that we need to spend 700 dollars to, like, talk to people and beg them to opt into something is looney tunes. Like, when you, when you hook up something, it's automatically opted into a VPP, and then we should give you an unsubscribe link, just like your emails, and…”
“In order for this to be successful long-term though, they have to figure it out securitization. And that, I think, is the biggest challenge, because a lot of these folks like doing weird stuff, and if you do too much weird stuff, then that loan will sit on your balance sheet forever, because no one will buy it from…”
“The sign of the long decline is when these large corporations say, um, investing in, in really expensive R&D that takes 10 years to come To real fruition, uh, is no longer worth doing, um, is, is really that sign you're looking for, and I think all of the majors, as well as the big oil field service providers, have now…”
“If people want to stop a project, they should stop a project with a local permit in the local jurisdiction. They should not be using the federal government to stop projects.”
“When you think about what it means to deploy nuclear power into a country, it means an eighty-year relationship with that country.”
“It turns out that you roughly need a hundred billion dollars of private sector investment to get across the bridge to bankability to full market acceptance, right? Which doesn't save you a gigaton Of carbon, but it gets the technology to a cost-effective point where people are excited.”