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The hosts discuss surprising insights on topics like the Jones Act's impact on offshore wind and the origin of Eurodollars. They also cover funny stories on user error issues, software design challenges, and sponsorship ads. The podcast explores auditing valuable metals, increasing insurance rates, and the challenges of office to residential conversions. It analyzes the current state of the housing market and contrasts policies in China. Finally, it delves into the impact of the Jones Act on the US offshore wind industry.
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Quick takeaways
- The Jones Act has had a significant impact on the offshore wind industry, causing delays and constraints for offshore wind projects, and the industry is exploring alternatives to overcome the Jones Act restrictions.
- The story of the 'Idiot Sunflower Seed Seller' highlights the importance of maintaining consistency in policies and avoiding actions that could discourage entrepreneurship and economic growth.
Deep dives
The Jones Act and Offshore Wind Industry
The Jones Act, a U.S. law requiring U.S.-built, U.S.-crewed, and U.S.-flagged ships for transportation between two points in the country, has had a significant impact on the offshore wind industry. Due to the Jones Act, there is currently a lack of Jones Act-compliant vessels for offshore wind farm transportation. Only one wind turbine installation vessel is currently under construction, causing delays and constraints for offshore wind projects. The industry is exploring alternatives, such as using European wind turbine installation vessels and feeder barges to overcome the Jones Act restrictions.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode