John Farrell

164 Followers
71 Following
783 Posts

The guru of distributed energy, co-director @ILSR, unabashed nerd, I "tweet" for (energy) democracy.

Host of Local Energy Rules: https://open.spotify.com/show/5c0yZRVKrhvFT0HsIM87xH

Check out my weekly newsletter: https://mailchi.mp/642273fa43c2/last-week-in-ilsrs-energy-self-reliant-states-458897?e=7112c42c54

ILSR's Energy Democracy workhttps://ilsr.org/energy/
"Federal energy-efficiency regulators and state and city building-code overseers have begun to promote policies aimed at encouraging people to replace their existing central air-conditioning systems with heat pumps.": https://www.canarymedia.com/articles/heat-pumps/replacing-acs-with-heat-pumps-a-backdoor-way-to-decarbonize-heating by Jeff St. John
Replacing ACs with heat pumps: A backdoor way to decarbonize heating

The idea has huge emissions-slashing potential, and regulators across the U.S. are starting to take it seriously.

Canary Media
Update: would love to hear @Marketplace talk about the abnormal role of corporate profits in driving inflation in the past few years. Lots of talk about wages, not enough about this! https://www.epi.org/blog/even-with-todays-slowdown-profit-growth-remains-a-big-driver-of-inflation-in-recent-years-corporate-profits-have-contributed-to-more-than-a-third-of-price-growth/
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RT @johnffarrell
Hey @Marketplace, this AM you mentioned that i…
https://twitter.com/johnffarrell/status/1654485260690661377
Even with today’s slowdown, profit growth remains a big driver of inflation in recent years: Corporate profits have contributed to more than a third of price growth

As strange as this might sound, the actual economic cost of inflation is often hard to identify. One might think that it’s obvious that if inflation rises from 0% to 5% then the purchasing power of “real” incomes (nominal incomes adjusted for inflation) throughout the economy has fallen by 5%. But that’s not right—or at…

Economic Policy Institute
Which is good, because the rest is Greek to me.
Machine learning method to identify residential PV adopters, reduce soft costs

Researchers have defined a new machine learning-based methodology that reportedly reduces customer acquisition costs by about 15% or $0.07/Watt. It is based on an adapted version of the XGBoost algorithm and considers factors such as summer bills, household income, and homeowner’s age, among others.

pv magazine USA
To be clear, this is an open question. Don't wages have to at least keep pace with inflation for workers to be better off in the long run?
Hey @Marketplace, this AM you mentioned that it might be bad for inflation if wages are rising, but the annual wage increases are still 2 percent off the inflation rate. Is it only good for the economy if wages lag inflation and workers lose ground?

Accepted payment of private boarding school tuition worth tens of thousands of dollars from Harlan Crow:
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RT @propublica
More revelations on the financial ties between Clarence Thomas and billionaire pal Harlan Crow:

The GOP megadonor paid the private school tuition for a Thomas family member the Supreme Court justice raised "as a son."

And no, Thomas didn't disclose the payments. (THREAD)
https://twitter.com/propublica/status/1654070024456351745

ProPublica on Twitter

“More revelations on the financial ties between Clarence Thomas and billionaire pal Harlan Crow: The GOP megadonor paid the private school tuition for a Thomas family member the Supreme Court justice raised "as a son." And no, Thomas didn't disclose the payments. (THREAD)”

Twitter
Harlan Crow purchased several properties from the Thomas family at a price significantly less than other similar properties; he also renovated the home where Thomas’ mother lived: https://www.propublica.org/article/clarence-thomas-harlan-crow-real-estate-scotus Disclosed? No.
Harlan Crow Bought Property from Clarence Thomas. The Justice Didn’t Disclose the Deal.

The transaction is the first known instance of money flowing from Crow to the Supreme Court justice. The sale netted the GOP megadonor two vacant lots and the house where Thomas’ mother was living.

ProPublica
Took numerous free vacations from conservative mega donor Harlan Crow, worth tens of thousands of dollars each: https://www.propublica.org/article/clarence-thomas-scotus-undisclosed-luxury-travel-gifts-crow Disclosed? No.
Clarence Thomas and the Billionaire

Island-hopping on a superyacht. Private jet rides around the world. The undisclosed gifts to Thomas have no known precedent in the modern history of the Supreme Court. “It’s incomprehensible to me that someone would do this,” says one former judge.

ProPublica
Even if #Sotomayor did anything wrong (along with Gorsuch btw, who similarly did not recuse from cases involving the book publisher), they both disclosed the earnings from their books. Clarence Thomas has a literal flood of undisclosed financial contributions from his "friend."