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teemur | 3 months ago

Don't forget Germany. If you look at the amount of PV built in Germany early this century and make some admittedly strong assumptions about learning curve, one could argue the Energiewende, then usually called failure, singlehandedly accelerated PV development by decades. I don't recall Germany ever credited on that.

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nielsole|3 months ago

I still wonder the same about the EU and LED lighting. Prohibiting traditional bulbs was highly controversial at the time

dylan604|3 months ago

if we didn't transition through the horrible days of CFLs first. since we did, that's a big knock against

antonymoose|3 months ago

I remember some old tidbit about the American westward expansion, most railroad projects failed and went bankrupt and were sold for pennies on the dollar to the ultimate owners.

Something sad about that, really.

hylaride|3 months ago

A lot of them got built with per-mile subsidies and cashed out via shoddy construction. The ones that focused on long-term financial sustainability more often did fine, but it is a lesson in perverse incentives (though some would argue that afterwards cheap overbuilt lines facilitated much faster and more extensive westward expansion of people).

twoodfin|3 months ago

The lesson, which we learned in the dot-com era and will likely learn again in the AI era, is that the benefits of step-change new infrastructure technology do not accrue in the long run to the infrastructure builders—the technology only creates the step-change if it finds its way to being a commodity!—but diffuses throughout the new, ultimately much larger, more productive economy as a whole.

aworks|3 months ago

Leland Stanford made out ok, AFAIK

schmorptron|3 months ago

It's probably because germany decided to sorta give up on it and all of the production and further research moved to china?

blubber|3 months ago

That's not true. I think China is grateful to them for selling them their PV industry for a Wurstbrot.