Via #adamtooze : “I was at an industry meeting this week, and I can tell you one of the biggest concerns was that we might see diesel prices [in the US] go to $10, and the equipment, you know, the pumps and the dispensers and so forth can’t handle a number that high. That’s incredible,” he said.

Source: Financial Times

Easiest solution: switch to the metrics system, then the price needs to be 37,85$ per gallon before equipement needs to be adapted 😉

“Der große Unterschied bei #Erneuerbare n Energien [ggü. Fossilen] ist, dass wir sie nicht irgendwo natürlich vorfinden und sammeln sondern ‚farmen‘“
Frei nach Adam Tooze im Ones And Tooze Podcast

Eine zivilisatorische Evolution.
Und weltpolitische Revolution.

#adamtooze #onesandtooze

"... when you talk to people in Beijing, they will ... point to 2 sources of really extraordinary dynamism in the US economy; 1 is tech and the other 1 is fracking. The other one you might add, thirdly, would be financial engineering. These are all zones in which [US]American capitalism ... doesn't encounter much regulation or obstacle, and is worldchanging, or at least has pretensions to be worldchanging."

#AdamTooze, 2026

https://www.nytimes.com/2026/01/30/opinion/ezra-klein-podcast-adam-tooze.html

(1/?)

#podcasts #EzraKlein