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cthelala.bsky.social
Indian-American. Director of Energy at Center for Public Enterprise. PhD Candidate at UMass Economics. Macro + Finance + Industrial Policy + Decarbonization + Grids + Advanced Technology https://publicenterprise.org/author/chirag/
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Sad to hear this as an American, but it's in all our interests that Germany build a strategically capable Europe. End the debt brake and do common fiscal policy. Build pan-EU military capability. Deter Russia and stop an imposed peace on Ukraine. Accelerate decarbonization. Raise public investment.

Lindner made it his business to block reform of the debt brake and prevent vital public spending. Getting excluded from the Bundestag would be deserved and send a clear signal that Germany's economic policies must change.

Horrid to see AFD in second. Curious whether CDU, SPD, Greens, Linke have the seats to actually change the debt brake (and if they want to). Will revel in the failure of BSW and FDP to enter the Bundestag if it sticks. www.bloomberg.com/news/live-bl...

I particularly dislike the "aircraft carrier" metaphor - which is often used to excuse how hard it is to do certain things. There's nothing inevitable about it. It's policy choices all the way down. Agencies can absolutely be dynamic actors - if we let them, fund them, and staff them.

A big restorationist increase in federal spending must be top priority for a future administration. Vital for rebuilding federal services, higher education, R&D, public health programs, critical operations. To say nothing of tackling economic malaise and investing in energy or housing or care.

Since we did two years of “due to the unpopularity of inflation we won’t do fiscal stimulus in the next downturn” discourse, it’s worth thinking about how the way DOGE is going about its business will shape public attitudes towards cutting federal spending.

Really important. $100/MWh applies to all resource options for large loads: including VRE with storage. People have “mined the cheap stuff” and there is an aggregate supply constraint. Open economizing opportunity for sites that can make load flexibility work for their offtakers.

I wonder if anyone called Marc Bloch a "resistance historian?"

The data on trends is interesting, but the commentary is disappointing and preachy - especially on affluence. Would that the US were pursuing growth at all costs. Health outcomes, isolation, inequality, and growth (!) can all improve together with the right policies. www.nytimes.com/2025/02/04/b...

I hope this line will be connected to Detroit and Chicago one day.

Miiiiiiine eyes have seen the glory...

This is how the GOP became a party spanning Thaddeus Stevens to Preston Blair. They were going to fight for the Union. Once that principle was established, policy ratcheted as it became clear fighting demanded more than 75,000 volunteers. It wasn't ideology: it was rage and resolve.

Thanks to Sen. Welch's office, I heard LNNL was updating the state energy flow charts due to changes in EIA's methodology for calculating primary energy consumption from non-combustible renewable sources. They've re-uploaded the 2015, 2016, & 2017 MI charts. flowcharts.llnl.gov/commodities/...

Particularly hilarious when self-described Marxists do this. Setting an inflexible category and yelling at people who find it inapplicable seems the opposite of a dynamic materialism.

Precisely. No matter how others respond (or don't) to domestic attacks on the institutional and material foundations of American power, that still leaves US reengagement as a major priority of reconstruction. If anything, retaining reengagement as a possibility is a basic reason to resist.

A random thought about Bancor. If you accept that the largest economies have to agree to participate, the differences between Bancor and a hegemonic key currency system with a robust lender of last resort start to collapse.

A thing that gets me is both sides of the global imbalances debate wield Keynes: 1) those like myself who point to Chinese underconsumption and 2) those insisting the investment + export-led model is providing the demand China needs. www.nytimes.com/2025/02/18/o...

It currently takes 10.5 hours by train to travel from Quebec City to Toronto via Montreal. If Canada proceeds with a high-speed rail system, the trip would take only 4.5 hours. This project is a no-brainer.

The geothermal liftoff report is currently down. You can get the fact sheet and overview, but not the report. liftoff.energy.gov/next-generat...

You know? I still find it remarkably easy to remain patriotic throughout this administration. Trump and the MAGA crowd are a repudiation of every single civic ideal that the United States is meant to represent—and I see no reason to stop believing in those ideals because of them.

It's a politics obsessed with anti-liberalism. It's why those same leftists oppose understanding Trump as fascist. And why they failed to produce a justification for preemptive negotiation that didn't embrace or justify Russian irredentism.

I genuinely believe most of the anti-Ukraine shit out of lefties is because they're incredibly mad that Ukrainians make liberal democracy look like something that is worth fighting and dying for and this is something that goes all the way back to the Revolution of Dignity

It's actually worse because the progressives who signed it and immediately disavowed it after the leak said the letter was drafted months prior, which places it being written as the Bucha massacre was being reported on

Like most horseshoes, it was always going to end with restrainers echoing Trump. Their critique of “primacy” was never substantive.

New England and New York have salt shortages. Plow folks for my neighborhood are already rationing and called into Canada looking for additional supply.

But Joey. The Biden White House clearly devalued economists.