Staying Warm Data with Nora Bateson
Winter has come - and for some people it’s colder and more expensive than the recent past. This week Nate reconnects with Nora Bateson to discuss how she and others living in Sweden are responding to the phenomenal spike in their electricity costs, which are currently 35-40x higher than this time last year. What steps are people taking in their own homes to stay warm and reduce energy use, and what tools and support is the government providing its citizens? Is there any single event or person to blame for the drastic increase in energy costs or is the root cause broad and deep within the systems we have created? What can we learn from this dress rehearsal as we anticipate and prepare for The Great Simplification?
00:09 - Nuclear fusion news
00:25 - Nora Bateson, Warm Data + TGS Episode
00:27 - Electric prices in Sweden skyrocketing
02:46 - Sweden’s electricity production mix
04:20 - Sweden’s reimbursement plan
08:12 - Avg american household has 60 things plugged in all the time using energy
11:40 - Angela Merkel
11:49 - Sweden selling power to the EU
12:28 - Electric companies making record profits
12:42 - Unexpected nuclear plant maintenance shut down
13:59 - EU energy export laws
14:20 - Sweden relatively energy independent
21:43 - Force Majeure
23:18 - Loss Aversion
27:11 - Margaret Thatcher