you really think this is going to stop the globalism aspect from happening? If you can ship something, and get better market rates on it, you’re going to do it. Economics follows the cheapest route, not the most efficient.
It also just makes sense if you think about it. Places like alaska are going to struggle to generate green energy compared to another place like, texas for example. If you can ship in green hydrogen much cheaper than you can locally produce energy, why wouldn’t you? It’s a reasonable solution to the problem of supply and demand scaling.
Yeah, but Alaska uses dramatically less energy than… like, everywhere. Given that there are no people and the only industries are either oil or resources.
oil and resource industries are pretty well known for being energy intensive no?
last i checked industry is the primary energy consumer. Sure there’s less people in alaska, but it was just an example i picked, and the market economics would still be applicable there. If it’s cheaper to buy hydrogen, than it is to produce locally sourced power, that’s going to be what happens.
Yeah, there’s no reason to be transporting hydrogen long distances. You can make it anywhere that has water and electricity. And if you’ve transitioned to a hydrogen based economy (which is a big if), ships wouldn’t run on oil any more anyway, so there’s no problem there.
there absolutely is? What if i can buy hydrogen at 1$ per ton, from the hydrogen production empire, meanwhile in the manufacturing empire hydrogen is produced at 2$ per ton. Economically, it would make sense to buy that hydrogen from the hydrogen production empire.
It’s not going to be as significant as a trade as something like coal and LNG obviously, but the market IS going to do this in some capacity. And it’s a beneficial thing for everybody.
Sure, there’d be some arbitrage, but pretty much every country that has a functional government will invest in domestic capacity for strategic reasons. You won’t have countries that have none at all and have to import everything.
obviously not, and that’s mostly going to be military contracts more than anything. Regardless, this doesn’t change the economics here, if you can buy it from the hydrogen empire cheaper, and your business isn’t the US military, then it doesnt fucking matter. Just buy it from them.
Strategic doesn’t mean just military. It means strategically investing in this capacity so you don’t get caught with your pants down when Russia turns off the tap and destroys your economy overnight. We’re past the globalist world now, and if your country is still making decisions as if we are, you’re not doing it right.
that’s only true if you’re a trump supporter, it’s absolutely true if you’re not. There are most definitely concerns to be had, as there always are, but globalism is fundamentally good for the economy. There is no world in which this isn’t true, so you should push towards globalism, even if there is some risk, because it will likely stabilize relations significantly.
The pandemic and Ukraine shows you can’t just count on global markets in a crisis, and we’re heading into a world with more, not less crises. Countries everywhere are onshoring critical industries, and the BRICS countries are working on getting off the dollar. That’s happening whether Trump is President or not (and unfortunately he is).
We can make hydrogen everywhere, we can’t ‘make oil’.
you really think this is going to stop the globalism aspect from happening? If you can ship something, and get better market rates on it, you’re going to do it. Economics follows the cheapest route, not the most efficient.
It also just makes sense if you think about it. Places like alaska are going to struggle to generate green energy compared to another place like, texas for example. If you can ship in green hydrogen much cheaper than you can locally produce energy, why wouldn’t you? It’s a reasonable solution to the problem of supply and demand scaling.
Yeah, but Alaska uses dramatically less energy than… like, everywhere. Given that there are no people and the only industries are either oil or resources.
oil and resource industries are pretty well known for being energy intensive no?
last i checked industry is the primary energy consumer. Sure there’s less people in alaska, but it was just an example i picked, and the market economics would still be applicable there. If it’s cheaper to buy hydrogen, than it is to produce locally sourced power, that’s going to be what happens.
Yeah, there’s no reason to be transporting hydrogen long distances. You can make it anywhere that has water and electricity. And if you’ve transitioned to a hydrogen based economy (which is a big if), ships wouldn’t run on oil any more anyway, so there’s no problem there.
there absolutely is? What if i can buy hydrogen at 1$ per ton, from the hydrogen production empire, meanwhile in the manufacturing empire hydrogen is produced at 2$ per ton. Economically, it would make sense to buy that hydrogen from the hydrogen production empire.
It’s not going to be as significant as a trade as something like coal and LNG obviously, but the market IS going to do this in some capacity. And it’s a beneficial thing for everybody.
Sure, there’d be some arbitrage, but pretty much every country that has a functional government will invest in domestic capacity for strategic reasons. You won’t have countries that have none at all and have to import everything.
obviously not, and that’s mostly going to be military contracts more than anything. Regardless, this doesn’t change the economics here, if you can buy it from the hydrogen empire cheaper, and your business isn’t the US military, then it doesnt fucking matter. Just buy it from them.
Strategic doesn’t mean just military. It means strategically investing in this capacity so you don’t get caught with your pants down when Russia turns off the tap and destroys your economy overnight. We’re past the globalist world now, and if your country is still making decisions as if we are, you’re not doing it right.
that’s only true if you’re a trump supporter, it’s absolutely true if you’re not. There are most definitely concerns to be had, as there always are, but globalism is fundamentally good for the economy. There is no world in which this isn’t true, so you should push towards globalism, even if there is some risk, because it will likely stabilize relations significantly.
The pandemic and Ukraine shows you can’t just count on global markets in a crisis, and we’re heading into a world with more, not less crises. Countries everywhere are onshoring critical industries, and the BRICS countries are working on getting off the dollar. That’s happening whether Trump is President or not (and unfortunately he is).