Max Aitken (@maxaitken) header
Max Aitken (@maxaitken) profile picture

Energy transition founder. Newsletter: https://teapawt.net/t.co/BfCI9HHjmf.

London
Joined April 2009
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Extremely important. Sadly the Tory plan is magical thinking
NEW – Factcheck: 10 flaws in the Conservative report on ‘cheap power’ | @Josh_Gabbatiss @MollyLempriere @DrSimEvans Read here: buff.ly/nrChFfc
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Spain avoiding Germany's mistake... keeping nukes: clean, functioning baseload
Having promised to close nuclear stations, Spain now reverses course and prolongs the life of the reactors that were due to close next year until 2030. (Madrid maintains its plans to close all nuclear plants by 2035, but further U-turns are likely) elpais.com/economia/2026-08-…
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This is a huge issue ⬇️- we need wealth creation, and it doesn't come from government
Before Windows95, before Oasis released Wonder Wall and before OJ Simpson faced trial, our new PM Andy Burnham had a job. He had a job as a journalist working for a little publishing company for 3 years. This is the only job any of the new UK Government Cabinet has had. Other than those three years, more than 30 years ago the entire cabinet has only ever worked in tax payer funded roles. None of them have ever had to make a sale. None of them have been paid to pour a pint. None have felt a sick feeling about making payroll. None have been answerable to investors. In the UK 50% of the jobs are small businesses and almost ALL of the jobs growth is small businesses. None of them has ever started, owned or run one. Wouldn’t it be nice if just one of them had some experience in making a small business profitably grow before having a crack at the 7th largest economy. Imagine what it must feel like to KNOW that your wage is paid for by the tax-payer. Imagine the certainty and security working for a government that never fires anyone for anything. Imagine how it would feel knowing you could blow out a budget with no real consequences or you could completely screw up a project and nothing bad would happen. Imagine that level of insulation and comfort for decades. I can’t. I’ve been in business for the last 25 years. If I don’t sell I don’t eat. If I screw up I face very real consequences very fast. Millions of small businesses are being asked to get out there and hire people and grow the economy by a team of people who’ve never had a proper job. Surely something isn’t right with that?
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Before Windows95, before Oasis released Wonder Wall and before OJ Simpson faced trial, our new PM Andy Burnham had a job. He had a job as a journalist working for a little publishing company for 3 years. This is the only job any of the new UK Government Cabinet has had. Other than those three years, more than 30 years ago the entire cabinet has only ever worked in tax payer funded roles. None of them have ever had to make a sale. None of them have been paid to pour a pint. None have felt a sick feeling about making payroll. None have been answerable to investors. In the UK 50% of the jobs are small businesses and almost ALL of the jobs growth is small businesses. None of them has ever started, owned or run one. Wouldn’t it be nice if just one of them had some experience in making a small business profitably grow before having a crack at the 7th largest economy. Imagine what it must feel like to KNOW that your wage is paid for by the tax-payer. Imagine the certainty and security working for a government that never fires anyone for anything. Imagine how it would feel knowing you could blow out a budget with no real consequences or you could completely screw up a project and nothing bad would happen. Imagine that level of insulation and comfort for decades. I can’t. I’ve been in business for the last 25 years. If I don’t sell I don’t eat. If I screw up I face very real consequences very fast. Millions of small businesses are being asked to get out there and hire people and grow the economy by a team of people who’ve never had a proper job. Surely something isn’t right with that?
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3 degrees is on its way
[I’m in doomer mode tonight, so apologies in advance for this one, but…] Speaking of climate con jobs… - Carbon Offsets are a con job - Sustainable Aviation Fuels are a con job - Net Zero by 2050 is a con job - Meaningful global-scale Carbon Capture and Storage anytime in your lifetime is a con job - AI as a climate solution is a con job - Green consumption is a con job - Getting the international community to agree on geoengineering governance is a con job - Limiting global warming to 1.5°C is a con job All we really have, for now, is some successful examples of decarbonization in some sectors and some places, undergirded by accelerating warming. We’re on the freight train to a pretty nasty place, and we’re only lightly tapping the brakes, not even decelerating yet…
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This is what we wanted about
Severe storms affecting Zaragoza, Spain at the moment...💨⛈️
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Volatile is coming for us all.
🚨⚠️ Terrible flooding in Kolkata, West Bengal in India today after 300mm (30cm/11.8in) fell in just 5 hours, the city’s heaviest in 50 years.. Many are saying they've never seen anything like this before...🌊🌊🌊
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Electric is just better in every important way
Chinese automaker BYD’s U9 Xtreme EV just hit a verified top speed of 496 km/h (308 mph) at Germany’s ATP proving grounds, making it the new fastest production car in the world, beating the Bugatti Chiron's 304.77 mph. • 2,978 hp • 80 kWh LFP battery • 1,200v platform • New track-grade LFP Blade Battery with dual-layer cooling, capable of 30C discharge rates for improved thermal management. Density of each cell is increased by 170% compared with the lower trim U9 800V system. • Up to 500 kW charging speed • Each of its four motors spin at a max of 30,000 RPM and is made of super thin 0.1mm silicon steel, a first in mass production
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Cheaper than wood.
Solar’s price drop is astonishing: panels are now 98% cheaper than when I first analysed the cost of solar in 2004. Today, building a fence with solar panels can be cheaper than using wood.
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Holy shit
Fiverr CEO says “ AI is coming for your jobs. Heck, it’s coming for my job too.”
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Sugar would beg. That’s how bad it is. F- disaster, Brexit.
Nice that someone with such a huge profile, particularly a businessman, is happy to be open about what a disaster Brexit has been. If only any of our politicians could be this brave.
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Agreed. We need growth not blood sucking socialism
From every angle, we’re getting hit with this 2% wealth tax nonsense. - Labour MPs are pushing it. - @DaleVince (massive wanker) is pushing it. - @garyseconomics is pushing it (I’d actually like to interview him). Why? Because the government is broke. Raising taxes and further borrowing have done nothing for growth. They’re economically incompetent, and now they’re just looking for more places to steal from. This is the wrong answer. If we want real growth, we need lower taxes, a smaller welfare state, less regulation, more investment, and an end to the brain drain. There isn’t a single person on Labour’s front bench who’s actually run a company. And it shows. We’re so utterly fucked.
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This the optimism we so badly need. Thrilled to have read an advance copy & love it. The future we have in front of us is going to be amazing 🤩
I am very excited to share that my new book — #STELLAR: A WORLD BEYOND LIMITS, AND HOW TO GET THERE — co-authored with my good friend @jamiearbib, is out on March 18th. Its aims are to explain the ‘extractive’ world we live in currently, set out a vision for the extraordinary #StellarWorld that is now possible, and provide a guide through the increasing turbulence that we’re experiencing because of this ongoing #transformation. It is the most important thing I have ever written, and I am looking forward to sharing it with you all. ✨ 📖
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Just when you thought US policy couldn’t get more insane
"Energy Secretary Chris Wright sold coal as the solution to a widespread lack of energy access in Africa on Friday, dismissing the challenge posed by climate change."
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So awesome
Enter the seaglider era. The world's first seaglider has hit the water! Room for 12 passengers and 100% battery powered. The test vehicle is human-crewed from Day 1. 65ft wingspan 15,000 lbs Sea Trials are underway! So proud of this team. Flight coming this summer 🌊✈️
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Net Zero = zero productivity? Today at @PeelHunt we publish analysis which challenges the government’s claim that there is no trade-off between Net Zero and economic growth. Two decades of experience suggests otherwise. A thread with lots of important charts (1/16) #netzero
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So important for European security and German industry. Turning these off was one of the great crimes of our age
MERZ: "IT IS NECESSARY TO REACH A MORATORIUM ON DISMANTLING" In a live national press conference minutes ago, incoming German Chancellor Frederic Merz called for a nuclear dismantling moratorium. This is the first step to saving German nuclear plants and restarting them.
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Mafia state
The US is now demanding infrastructure, a gas transportation system, and nuclear power plants from Ukraine - Deputy Honcharenko
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