jason scott

in geothermal land, the "missing middle" is pre-construction credit, meaning before the well field is complete, when projects are riskiest, this stage has generally been unbankable this credit facility bridges that gap, its novel, and its a new template for project finance lenders

House Republicans just passed a bill that raises energy bills and kills American jobs. The “Big Ugly Bill” strips away energy tax credits, undercuts our grid, and gives China the upper hand, right when demand for reliable power is soaring. American manufacturing, energy innovation, and job creation all take a hit. We should be building energy dominance, not surrendering it. See how much your rates will go up: RepublicanRateHike.org

Can someone educate us in bullet points on this @staceyabrams story

Can someone educate us in bullet points on this @staceyabrams story

Can someone educate us in bullet points on this @staceyabrams story

Can someone educate us in bullet points on this @staceyabrams story

How’s this for a simple approach? We keep 10% across the board tariffs for the special privilege of doing business with the U.S. to compensate us for the investments we have made in global defense, health and otherwise, and to compensate our country for historically unfair trade practices that have contributed to our massive deficits and national debt. We keep the pressure on China to resolve materially unfair trading practices, IP theft, currency manipulation, and other practices that have disadvantaged our nation. We pause reciprocal tariff implementation for 90 days so we have time to engage in private negotiations with other countries, focusing first on those whose tariffs and practices have materially interfered with the competitiveness of U.S. manufactured goods in their markets. Lastly, we consider that: (1) it does not make sense to have balanced trade with countries that are smaller than us and that have fewer resources to spend on US goods, i.e., we will forever be buying more from Madagascar than they will buy from us, (2) attempting to bring back jobs in low-wage manufacturing is not good for America, acknowledging, for example, that Bangladesh and Vietnam are better places to produce textiles and athletic shoes than here, (3) U.S. ‘exports’ of software, IP, finance, and other services are high value and important sources of trade that are not reflected in traditional measures of exports and imports, and if included in the calculations would make the balance of trade statistics look much more balanced, (4) our multinationals’ subsidiaries that sell services in foreign countries that are not counted in the balance of trade calculation, but generate profits, value and future dividends are good for America, (5) a goal of generating a dollar of exports for every dollar of imports is not a useful one, particularly on a country-by-country basis in light of our massively higher standard of living, and having the largest economy in the world. Lastly, the current trading system, while far from perfect or fair to the U.S., has served us extremely well so we need to be prudent in how we change it so as not to upset the world order in such a manner that it disadvantages our country over the long term.

I just figured out why @howardlutnick is indifferent to the stock market and the economy crashing. He and Cantor are long bonds. He profits when our economy implodes. It’s a bad idea to pick a Secretary of Commerce whose firm is levered long fixed income. It’s an irreconcilable conflict of interest.

Will MAGA apologize for calling me a liar? Waiting! Reporter: It wasn’t $50 million for condoms to Gaza— it was Mozambique for HIV prevention. Musk: “Some of the things I say will be incorrect. Nobody is gonna bat 1000.”

1/ 🚨New study alert!🚨 My DukeU colleagues and I just released a 1st-of-kind study on how the US grid could integrate up to 100 gigawatts of data centers w/out major new infrastructure, provided modest load flexibility (0.5%/yr). AI load growth can be managed faster, cheaper, & cleaner. 🧵

Brilliant decision by Musk to quash this obviously wasteful program. Red state colleges and farmers thank him.

The remarkable thing about this story is that Biden was correct, and Mike Johnson was wrong: he did not sign an executive order pausing LNG exports to Europe, as Johnson claims. The US had $43 billion in LNG exports to Europe last year.

Promoted to Full Professor. Thanks to Mom and Dad for believing I could do this before I did. Thank you Nat for taking this ride with me. And thanks to the cohort of historians at @Morehouse and @DukeUniversity9 who taught me the craft of history.