This story says so much about China’s battery dominance. A US firm invents a better method for making electrolytes. No US or European firm wants to license it. A Chinese firm does, spends 7 years making it work while losing money, and is now a top global electrolyte supplier.

We hosted a forum on Brett Christopher's Our Lives in Their Portfolios. Check out reviews by Lenore Palladino Bruno Bonizzi Annina Kaltenbrunner & Madison Condon Brett responds here: cambridge.org/core/journals/…

from preqin: massive intergenerational wealth transfers in the next decade will juice investment into real estate, private equity, other alt asset classes fixing estate tax laws could go a long way toward tempering the likely negative societal outcomes! preqin.com/news/private-m…

This brings up an important point about wealth, what it means, and how we measure it! Workers like Walz with pensions don't need to accumulate assets to enjoy retirement security. People with rent control have no need to own a home to be secure in their housing. Etc.

my honest reaction to that information

not even the first time a scam state was founded by colonial upstarts who got hold of illegitimately land in honduras, although marca, altman et al fucked it by investing their own money

Come hang out with the CPE energy and finance teams during Climate Week later this month. We'll be at Brooklyn's premier country music bar from 6:30-9pm on Monday the 23rd.

hang out with Paul E Williams and Chirag Lala and Yakov Feygin and me in NYC! (more to come on our other actual policy-relevant events)

My goal during Climate Week is to meet as many of you as I can. Join us in NYC! advait Yakov Feygin Center for Public Enterprise

New Center for Public Enterprise Capacity Factor: public developers’ role in energy, how batteries make energy markets weird(er), FFB/Risk Share, & highlights from Yonah Freemark research on public development including a tool the Germans call their “sharpest sword”😲mailchi.mp/publicenterpri…

Also out today, featured in our newsletter, is a great piece from Yakov Feygin on the role batteries play in smoothing out our energy markets. I really work with the smartest of the smartest here at CPE: publicenterprise.org/pricing-proble…

Balancing clean grids will mean compensating marginal storage capacity. Generation pricing won't be sufficient if significant capacity must be held in reserve Yakov Feygin & I argue for public buildouts of reserve capacity to handle pricing uncertainty. publicenterprise.org/pricing-proble…

Zachary Marks, who runs Montgomery County’s Housing Production Fund, on the proposed HUD Innovation Fund: “It’s jet fuel.” From Jared Brey at Governing Magazine.

Tomorrow! Register for our live panel “Past, Present, and Future of Divesting from Militarism” at the link below and bring your friends! eventbrite.com/e/past-present…

spent the evening listening to Patrick Bigger and Khem Rogaly talk about turning swords into ploghshares and fighter jet engines into bus engines

Excited to moderate a panel on the future of green finance in the US organized by Center for Public Enterprise, The Center for Active Stewardship, and JAIN FAMILY INSTITUTE during climate week! jainfamilyinstitute.org/climate-week-w…

Why would I want to invest public money into my domestic equity market to fund social policy goals that will be negatively correlated to the return on that equity? It's not like I am hedging FX or resource rent risk that my budget is exposed to or even speculating.