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#239 | |
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Pretty sure WaPo debunked that lease sabotaging scandal: https://www.washingtonpost.com/outlo...a3e_story.html So let’s talk ab these because the devil is in the details. Limited market options, - fought by capitalism but do you mean that there is a gap in supply? If so you need to go experience country life. Limited of options is a golf course kid’s problem. limited ability for work mobility, like career progression? Try being in the technical career field. price fixing, illegal lobbying power, has pros and cons competition buyouts, M&As are not predatory tactics location saturation, fought by capitalism but that argument collapses on itself because it would completely backfire on any company unless demand is so high they need to saturate the local market. If I’m interpreting what youre saying incorrectly. unfair competition, How so? This is the free market, do what you want but it do it better than the rest. My knock off Keurig is better than any coffee shop (compete with that, pretty unfair if you ask me) but Dunkin is better than Starbucks. price gouging, mostly illegal lack of variety of products, this is silly, if you suck at producing good products you should probably reconsider careers. scale of industry impacts, interesting, but It’s in the best interest of a thriving company to produce a good or service for as many people as supply demands. But if you want to elaborate that might help.
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#240 |
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https://www.google.com/amp/s/www.sea...-take/%3famp=1
Biden wants to halt all U.S. climate emissions by 2050. Here’s what that would actually take.
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#241 | |
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#242 | |
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It is already moving. I think aviation will have to offset their fuel use with renewable biofuels and carbon capture technologies, but they will likely make a move to electric or hybrids in some capacity within the next 30 years. They could certainly reach a net-zero level if properly motivated. As a reminder, we aren't looking to eliminate all CO2 production; we want to get to a point where we aren't adding more CO2 to the environment.
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#243 | |
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One of the critical things with planes is weight and balance. One of the primary ways of adjusting for load is to adjust fuel (exchanging cargo weight for less fuel on shorter flights for example). Airbus, with the backing of folks like Gates and Bezos, is taking this path.
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#244 | |
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A car just needs to move in 2 dimensions. The engine and power source just needs to move it horizontally. A plane needs to move in 3 dimensions. The power source needs to get it off the ground, and safely keep it there (running out of fuel in a plane usually has more severe consequences than the same thing happening in a car). Range anxiety would take on a whole new importance if you're several thousand feet off the ground. Liquid fossil fuels have about 100 times the energy density of lithium-ion batteries. Less energy available (or much greater weight for the power provided) means the laws of physics make it much more difficult to make battery planes practical and financially viable (other than small specialized applications or demonstration prototypes). Carbon-neutral liquid fuels could be a bridge to the future. Until (or if...) technology advances sufficiently to make some kind of electricity storage competitive with the energy density of liquid fuels, maybe carbon-neutral liquid fuels, such as Porsche's idea, could allow energy-dense uses such as flying while not adding to atmospheric CO2. The chemistry is well-known to do this. But making it happen still requires that the fundamental energy come from renewable sources, such as using solar, wind, tidal, etc. to generate the electricity to run the process of creating the liquid fuel (electrolysis + Sabatier reaction, etc.). |
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#245 | ||
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Limited market options is like how many areas might only have one utility company or one internet provider or a really small handful. Please read all of this: https://www.highspeedinternet.com/re...rnet-providers Limited mobility in the workplace was more directed at the idea that someone may find getting a different job hard when there are few employers. If we are talking about media then we have 6 corporations owning almost all the media. If we are talking utilities, it may be less. If we are talking phone networks, it may be less too. In a given area, there may be few options for job hoping. My hospital for instance has merged with a number of hospitals in the area and state. Sure I have a few options, but if I burn my bridge with one company then I'm left with few options, or if I want a job at a different corporation then my options are limited. Imagine a future like in the movie Demolition Man where all restaurants are Taco Bell--hopefully a cook isn't fired because then he needs to find a new career. https://www.webfx.com/blog/internet/...a-infographic/ Price fixing and gouging beyond supply and demand is more likely to happen as companies become more powerful, have more lobbying power and where there is less competition. We also see this in a more open market with less regulations. There are some examples below, and we see this in the price of many products from medications to diamonds. What are the pros of corporate lobbying? What are the pros of having former execs like those of Monsanto in political offices and vice versa? I think it gives way to more bias, back room deals, kickbacks and incentives than what we gain from any expertise they may have. https://en.wikipedia.org/wiki/Price_fixing#Examples htps://www.youtube.com/watch?v=GRsZbGs24jY M&A don't always result in killer acquisitions to reduce competition, but they always lead to less variety in the marketplace. For instance, when Apple bought Beats, or when Marvel bought Star Wars, was there not a change to the direct of each of these product lines. This can be good and bad. It really depends. I'm not saying it is always bad. There can be a synergistic effect where the final merger is greater than the sum of either two products, and the reverse can be true too, but as more and more mergers happen because the parent company continues to gobble up businesses under an expanding profit margin, the market loses competition and the consumer suffers. One example of this might be cellular networks. AT&T was not allowed to merge with TMobile back in 2011 because the market would lose its forth network provider, but then years later, Tmobile was allowed to merge with Sprint because Dish worked its way into the deal to rise as the forth network provider to maintain competition. Four networks = competition. Ok. Anyways, Dish is using TMobile's networks for seven years, and TMobile promised not to raise anyone's rates for three years, so you know, it'll all work out fine for the consumer. Some people might be confused because they have heard of Mint Mobile and many other mobile providers. Well, these just offer the service, but they use one of the four network provider's networks, so Mint Mobile is actually TMobile's network. Maybe four (really three) network providers is fine in some people's eyes, but I think it is terrible. https://www.wired.com/story/t-mobile...-merger-guide/ https://en.wikipedia.org/wiki/List_o...work_operators Quote:
Market saturation or over-saturation as a tactic to eliminate competition or gain a competitive advantage is well documented. The example I already gave from Starbucks is not limited to Starbucks. In that example, Starbucks added more stores in a given location than what demand allowed to operate for a profit, but Starbucks is huge, so they can operate on tighter margins, or they can even operate at a loss, but this isn't the case for their smaller competitors. What happens to them? They go out of business, so now Starbucks can absorb the small business' customers, and now those Starbucks locations have larger margins. Walmart and other big retailers do this all the time. They get people into the store with household basics that they sell at a loss, so consumers spend time buying other items at a profit. In fact, Walmart is famous for their Roll Back items in the center of the walk way. Yes, the toaster is amazingly $8, but the consumer thinks, this is so cheap, but kinda ehh. What other cheap toasters do they have? Except the toasters in the isles aren't cheap at all. I recall Walmart tried to do this to Amazon back in the day by offering the hot new book at a loss and cheaper than Amazon, but it was only to get people into the store. While it seems like the consumer wins with lower prices, it actually results in less competition in the marketplace, and it creates a system where there is a large cost to enter the market to be able to compete with such business practices. https://www.nydailynews.com/new-york...ticle-1.140129 htps://www.youtube.com/watch?v=XduHK6XRxSo&feature=emb_title Scale of industry is problematic in the ways above, but also in the way they change the market itself and the environment. Watch Food Inc, and you get a sense of what factory farming has done to the food industry. We have lost genetic diversity. There is inefficiency in trying to create efficiency by centralizing production instead of buying locally. A single, large player in the market can have profound impact on the rest of the market. Take McDonalds, which I think was hurt by Food Inc and by Pink-Slime-gate. They recognized the problem, and they recognized the industry trend to buy locally, eat fresh, etc. They are making a change, but their change means a change to so many suppliers in their chain. In the end, their changes are good, but they still have more centralized distribution and production than smaller businesses, and they still have a drive for homogeneous products, so they can create a consistency across locations in a given market. https://www.epi.org/publication/the-wal-mart-effect/ https://www.panoramas.pitt.edu/other...-united-states https://www.forbes.com/sites/aliciak...h=9ff617559628
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#246 | ||
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Just saying, fuel is more energy dense, but the battery will deliver its "fuel" more efficiently, as an ICE wastes energy to heat. For these small planes, it would be cheaper to operate an electric plane. Skydiving anyone? Commercially for large jets, it is different of course. I think hydrogen and biofuels is much more practical.
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#247 | |
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If you are going to the effort to create a hydrogen powered engine though, I don't see much point in a hybrid. Just adds complexity and further reduces empty weight. As you say, range anxiety would be non-existent in an aircraft since you fly within a margin of fuel anyway (regardless of the fuel type). Ultimately, range anxiety exists now in aircraft, except maybe military aircraft with mid-air refueling.
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Olivia 05/03/2012 - 01/06/2024. 231,146 glorious miles.
Visit my Owner's Journal where I wax philosophic on all things FR-S Post your 86 or see others in front of a(n) (in)famous landmark. What fits in your 86? Show us the "Junk In Your Trunk". |
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#248 |
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Yea for shorter missions with light weight (skydiving, flight training, even sightseeing) batteries could work. I'd fly a small EV plane, no problem.
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Olivia 05/03/2012 - 01/06/2024. 231,146 glorious miles.
Visit my Owner's Journal where I wax philosophic on all things FR-S Post your 86 or see others in front of a(n) (in)famous landmark. What fits in your 86? Show us the "Junk In Your Trunk". |
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#249 | |
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| The Following User Says Thank You to Irace86.2.0 For This Useful Post: | Dadhawk (12-16-2020) |
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#250 | |
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#251 | |
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If you say someone is not being objective, but they provided objective examples to go along with their subjective opinion then you need to do a better job defining how they are not being objective. I think we both have conceded that there is a middle ground with regulations, but you seem to be arguing that California has too many regulations and seem to be saying that less regulations in the US, in general, would be a good thing. I have argued in favor of more regulations and have argued that deregulations and a market with less limitations than what we currently have is inherently problematic, and I have given plenty of examples to show how the US is continuing to move towards greater oligopolies, and how those systems are ripe with abuse. I don't think there is anything left for me to say that hasn't been said. I haven't heard anything from you to suggest that deregulation or significantly less regulations in any given industry would lead to a better outcome. The only example I can recall is businesses moving out of California, which I countered with citing that it could be regulations or the many other factors such as cheaper labor, cheaper property costs, centralized distribution and production, access to materials, etc. The fact is that there isn't a mass exodus of all businesses from California, and California continues to be a hub for generating new businesses, so I will have to agree to disagree. I'll happily entertain some examples of industries that have gone through massive deregulation that have since prospered because of it, but I feel deregulation as a philosophy for how to run an economy is like trickle-down economics and massive tax cuts, in that, it is an idea that continues to perpetuate itself without much evidence to suggest it is effective, or to the contrary, the evidence shows the opposite. You're more than welcome to respond to my examples previously about why oligopolies and giant corporations can often be bad with your own examples.
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#252 | |
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You then claimed that deregulation doesn’t work and I posted a scholarly study 2 pages back on the pros and cons. Either you aren’t listening or you just didn’t bother to read. Fun read on dereg: https://www.whitehouse.gov/wp-conten...rim-Report.pdf What I previously posted: https://corporatefinanceinstitute.co.../deregulation/ Another good one: https://www.forbes.com/sites/william...h=44fe9fa91c18 Then you claimed monopolies were something they aren’t and showed you another scholarly article and even quoted what it takes for regulators to call a merger a monopoly. Then you claimed the reasons of why companies were leaving were assumptions and I showed you yet another article citing the exact reasons companies were leaving. Then you listed perceived flaws in companies that all allude to the characteristics of monopolies. While monopolies are mostly bad they are absolutely needed in some industries, like utilities in general - where these companies have such a high start up cost that competition is inefficient but the demands are human necessities. What is the alternative?? The point is calling something a problem because of how you are perceiving it doesn’t make it evil and greedy. Being evil and greedy is what makes a company evil and greedy. There are pros and cons to many of the things you have argued. Which is what I have showed you but again you seem to not be listening. https://www.investopedia.com/ask/ans...always-bad.asp One thing you fail to mention ab your toaster example is how these companies are helping poor people. For the same reason people go to McDonalds over Five Guys. Poverty exists and not all people can afford the $90 toaster. https://www.google.com/amp/s/blog.ac...tions.html/amp
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