One of the great sins of nuclear energy programs implemented during the 50s, 60s, and 70s was that it was too cost effective.

I don’t see how any of this has any bearing on financial feasibility of power plants.

For what it’s worth, before the late 90’s there was no such thing as market pricing for electricity, as prices were set by tariff, approved by the Federal Energy Regulatory Commission. FERC opened the door to market pricing with its Order 888 (hugely controversial, heavily litigated). And there were growing pains there: California experienced rolling blackouts, Enron was able to hide immense accounting fraud, etc. By the end of the 2000’s decade, pretty much every major generator and distributor in the market managed to offload the risk of price volatility on willing speculators, by negotiating long term power purchase agreements that actually stabilize long term prices regardless of short term fluctuations on the spot markets.

So now nuclear needs to survive in an environment that actually isn’t functionally all that different from the 1960’s: they need to project costs to see if they can turn a profit on the electricity market, even while paying interest on loans for their immense up front costs, through guaranteed pricing. It’s just that they have to persuade buyers to pay those guaranteed prices, rather than persuading FERC to approve the tariff.

As a matter of business model, it’s the same result, just through a different path. A nuclear plant can’t get financing without a path to profit, and that path to profit needs to come from long term commitments.

It can take over a decade to break even on operation, assuming you’re operating at market rates.

Shit, it can take over a decade to start operations, and several decades after that to break even. Vogtle reactors 3 and 4 in Georgia took something like 20 years between planning and actual operational status.

Now maybe small modular reactors will be faster and cheaper to build. But in this particular case, this is cutting edge technology that will probably have some hurdles to clear, both anticipated and unanticipated. Molten fluoride salt cooling and pebble bed design are exciting because of the novelty, but that swings both ways.

I still think it’s too expensive, and this contract doesn’t change my position. Google is committing to buying power from reactors, at certain prices, as those reactors are built.

Great, having a customer lined up makes it a lot easier to secure financing for a project. This is basically where NuScale failed last year in Idaho, being unable to line up customers who could agree to pay a sufficiently high price to be worth the development risk (even with government subsidies from the Department of Energy).

But now Google has committed and said “if you get it working, we’ll buy power from you.” That isn’t itself a strong endorsement that the project itself will be successful, or come in under budget. The risk/uncertainty is still there.

20 years ago it was the people who worshipped Jack Welch, not realizing (or not caring) that he was running GE into the ground.

The Navy gives its pilots call signs, essentially chosen by that pilot’s peers in flight school.

Having already been a SEAL and a doctor, and only being sent to Navy flight school as part of his astronaut training, his peers gave him the call sign “Sidequest.”

I know you’re making a joke, but it’s not funny specifically because of what a piece of shit his dad actually was.

In Jonny Kim’s senior year in high school, his dad died in a shootout with the police after the pistol whipping his mom and repeatedly threatening to kill her (in front of their high school age son). This dude joined the Navy a few months later, in large part to get away from an traumatic home life.

Teeth can need work from physical trauma, too. Getting hit in the head while hunting or fighting or just hiking might cause a cracked tooth, which can be deadly in the absence of dental care. Or just while eating, sometimes a stray rock or bone fragment or shell might cause an issue.

Lots of other species can regrow teeth in adulthood, even a handful of other mammals. All sorts of animals can have tooth problems in the wild, so I wouldn’t assume that prehistoric humans were exempt from that general danger.

https://en.wikipedia.org/wiki/Nose_flute

Anakin Skywalker was able to build this in a desert with scraps!

They’ve got a good, but not perfect, track record of actually uncovering illegal conduct by their targets.

• They exposed Nikola’s fraud (including exposing the video they published pretending that their prototype rolling downhill was moving under its own electric power) and their findings led to the Nikola founder’s indictment about a year later.
• They alleged fraudulent disclosures and financial statements by Nigerian conglomerate Tingo Group, and the government ended up indicting the founder for securities fraud.
• They showed that Lordstown Motors was drumming up fake demand by literally paying potential customers to sign letters of intent to join the waitlist for their not-yet-created electric truck. The SEC ended up charging them with misleading investors, and brought action against their auditor who had conflicts of interest.
• They exposed the obvious fraud of EbixCash, a gift card network, and tanked its IPO, by showing that they were lying to investors about the existence of their partners (using photoshopped buildings and fake addresses and phone numbers), lying about app downloads, and almost all of the revenue was from their own sister companies. This exposure brought down its parent company, which ended up in Chapter 11.

They’ve had less success accusing two huge well-connected investors of fraud:

• They published a report that billionaire Carl Icahn was manipulating the share prices of his fund by using a sophisticated ponzi scheme structure that paid old investors using new investors’ cash. The SEC ended up investigating and settling for a disclosure violation about failing to disclose their pledge of more than half the stock as collateral, but didn’t actually find facts confirming the meat of the Hindenburg accusation.
• They’ve gone after India’s Adani Group for accounting fraud and stock manipulation, but that hasn’t led to anything actually uncovered. India’s security regulator has concluded their investigation without findings of wrongdoing, but Hindenburg has doubled down and says the regulator is compromised by corruption. Adani’s founder is close to India’s Prime Minister.
• They alleged that Block/Square was aware of, but doing nothing to stop, widespread fraud in its Cash App and debit card transactions. That wasn’t enough to actually move the stock price, because it was kinda a weak accusation, they didn’t really show that Cash App was any different from any other similar fintech product, and Block is a much bigger company that has lots of other business units.

The problem is that most of us on the outside looking in just see accusations, some of which are proven years later, and some of which never get proven, so we don’t have a good sense of which ones are real or not, whether anything is overstated, or whether it actually makes a difference to the underlying company.

Enshittification isn’t always driven by a conscious person or organization with an agenda, much less one with an agenda of short term financial gain. Sometimes the aggregation of a bunch of individual decisions causes something to get shittier. Or better. Or just different. 4chan is not at all like it was 20 years ago, but it wasn’t because of corporate influence. The culture just changes.

So if the question is whether the fediverse might someday suck, I think the answer is probably yes. It remains to be seen how it will suck, who will have caused it to be that way, and whether there will be other nice things about it.

At this price point, he can hit.

one that eats sulfur and excretes iron, and one that eats iron and excretes sulfur

Thermodynamically, how could these two cycles sustain metabolism? Were there other processes/species in the mix to introduce chemical compounds that had more energy contained within?

The ifunny watermark really tips this over the edge, comedically.

Leave home with spices on a shopping list, come home with syphilis instead.

He’s 12 and can go on for hours about them, rattling off their armor thickness (in mm), caliber of their guns, horsepower of their engines, declination and traverse speeds of their turrets, etc.

On first skim of this comment I thought these were details about trains and I was very concerned about how weaponized trains had become.

Any idiot can build a bridge that stands. It takes an engineer to design a bridge that barely stands.

Hobosexual

This whole thread has way too many people who see the price as some kind of made up number that dictates how people behave, rather than recognizing that the price is a signal about the availability of useful real-world resources.

Even if the prices were strictly mandated by a centrally planned tariff that kept the same price throughout the day, every day, we’d still have the engineering challenge of how to match the energy fed into the grid versus taken out of the grid.

The prices are just a reflection of that technical issue, so solving it still needs to be done.

But some who has earned a penny in interest has spent time as both worker and owner.

I’m not talking about people who only make a small amount of interest or investment return over the course of their lifetimes. I’m talking about people who are already unambiguously middle class (between 25th and 75th percentile incomes), who end up relying on investment income to provide most of their retirement expenses.

I’m talking about people with half million dollar 401(k)s that return hundreds of thousands over the course of a retirement. Some of it is principal but most of it is gains/return/interest.

Basically if you’re able to retire in America, you’re an “owner” for those decades. Yes, there are people in America who can’t afford to retire, but most people in the middle class can.

Also, its not the conventional way. You 100% made that up and what you’re describing is petite bougouise.

Defining the middle class as middle incomes is pretty conventional. I think you’ve misunderstood my description of the middle class (people who fit the definition generally have income from both work and from investment) as a definition.

So let me be perfectly clear:

1. The American middle class, defined as those with middle incomes, earns significant amounts of money from both wages/salaries for their work and on return on their investments, especially in their primary home (with a 60+% homeownership rate) and retirement accounts (401(k)s, IRAs, 403(b)s, even multi employer or government pension funds that are paid for through investment in publicly traded securities).
2. The worker versus owner definition you proposed near the top of this thread is insufficient to describe class, because of the large, large number of people who rely on both and could not support their existing lifestyles without both.

And hey, I was gonna let it go but it’s clear your autocorrect has now adopted it as a new word it will happily let you spell wrong repeatedly: it’s spelled petit bourgeois, or petit bourgeoisie for plural.