So true

Relaxing head massage on cat

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12th Annual Feldstein Lecture – Summer Institute 2020 Claudia Goldin

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野良猫の感動授乳シーンどアップ映像 三部作 第一部(野良の子猫の動画観察日記51)

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Pumped hydro more expensive than batteries: why the winner is unclear

trustyetverify's avatarTrust, yet verify

Previous post ended with the conclusion of Brakels’ article that the “winner is unclear”. That is quite a surprising conclusion of an article praising the strengths of the batteries while downplaying the weaknesses. These are the two reasons why Brakels thinks that the winner is unclear (my emphasis):

But because Snowy Hydro 2 may come in at less than the $10 billion or so I expect and because I can’t be certain the additional return from the battery setup will be enough to replace them when they fail, I can’t pick a winner.

The second argument is the most interesting. That statement looks rather cryptic and the meaning depends on the definition of the words “return” and “fail”.

“Return” could mean financial return and “fail” could mean end of economical life (additional financial return of the battery/solar scenario is not enough to replace the installation after its economical…

View original post 1,092 more words

September 30, 1399: Henry Bolingbroke is declared King of England and Lord of Ireland as Henry IV.

liamfoley63's avatarEuropean Royal History

Henry IV (April 1367 – 20 March 1413) was King of England from 1399 to 1413. He asserted the claim of his grandfather King Edward III, a maternal grandson of Philippe IV of France, to the Kingdom of France. Henry was the first English ruler since the Norman Conquest, over three hundred years prior, whose mother tongue was English rather than French. He was known as Henry Bolingbroke before ascending to the throne.

Family Connections

Henry was the son of John of Gaunt, Duke of Lancaster, and his first wife Blanche. Gaunt was the third son of King Edward III. Blanche was the daughter of the wealthy royal politician and nobleman Henry of Grosmont, Duke of Lancaster.

Henry of Grosmont was the only son of Henry, 3rd Earl of Lancaster (c. 1281–1345); who in turn was the younger brother and heir of Thomas, 2nd Earl of Lancaster (c. 1278–1322). They…

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