Recently had the opportunity to ride the City Circle Line or M3 in Copenhagen Denmark. I was expecting a generic urban subway, with platforms and trains rushing by. Instead it more resembled an airport people mover. Doors keep people away from the tracks and open when the train arrives. It was fast and quiet and it was all automated. Not even any drivers. About ten miles long with 17 stops finished in 2019 for $3.4b. I can think of a few cities in the US that could use something like this.
Year: 2024
House Buying
Barry Ritnolz says this might be the most bullish signal he has seen all year.

Texas Grid Today
On this hottest day of the year (106F) I’m sitting here in the air conditioning checking out the status of the Texas Power Grid on the ERCOT Dashboard. Seems all is well. Renewables about a third with two thirds still gas and coal. Did see this list on Forbes about priorities for Electrifying Everything.
The Short List Of Climate Actions That Will Work

Negative Power Prices Hit Europe as Renewable Energy Floods the Grid
I keep seeing these stories about how the Energy Transition is stalling. I’m not sure what is so hard to understand about more modern electricity generation replacing ones from previous centuries. Maybe clean, cheap electricity just sounds too good to be true.
Negative Power Prices Hit Europe as Renewable Energy Floods the Grid
Maybe Twice in 1,000 Years?
Saw this rain and flooding mentioned on the news. Did not see that it was a “once in 1,000 year” rainfall. Of that it happened twice that day, at different times, 35 miles apart.
On one night, two places in the Northeast get hit with 1-in-1,000 year rainfall
New Chinese Solar
Last year China added more solar capacity than the US has in total. From Quartz.
China added more solar power last year than America has, period
Rent Price Fixing
Landlords use this sort of software (and I presume pay to use it) because it increases rents they collect. So that part of the question is easy. Is this collection and centralizing of data illegal? Well it’s good for landlords, perhaps very good. And bad for renters (perhaps very bad). If you haven’t been involved in renting an apartment in a major US city in recent years you may not realize how abusive it has become.
RealPage Has Been Accused of Price-Fixing Rents. Now It’s on the Offensive
The Most Important Googler You Never Heard Of
Sad news. From the BBC.















