Table of Contents
Years of delays, billions in overruns: The dismal history of big infrastructure
The US shale patch’s lackluster recovery is a problem for the post-COVID oil market
Canada: Poised to become battery leader in North America
Fake toughness on China - Supply chains:
It’s frequently said there is bipartisan consensus on China. If so, the consensus is to talk tough and do little. For years. The most puzzling inaction may concern supply chains. The PRC’s behavior in 2020 put critical goods at risk for millions of Americans, yet the Trump and Biden administrations have done almost nothing since. Two very different examples suggest many policymakers still don’t take supply chains seriously.
Antitrust enforcers to take on big business and shortage profiteering: The Federal Trade Commission just launched the first major investigation into shortages and monopoly power, sending letters to Amazon, Walmart, Tyson Foods, and Proctor & Gamble. This matters.
Technological Obsolescence: When it comes to the half-life of innovation, at least measured by patents, obsolescence happens quickly with tech, less so with coal — as you might guess.
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