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Geoff Coventry

@geoffcoventry

Former renewable energy entrepreneur (Tradewind Energy, Savion). #MMT / #PublicMoney / #Climate / #PoliticalEconomy www.modernmoneybasics.com

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21.11.2023
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Latest posts by Geoff Coventry @geoffcoventry

F*cking hell indeed

11.03.2026 04:01 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

The one thing I'll add to this is that you will also have to get very aggressive and strategic in the use of public money for the transition, along with the whole arsenal of legislative & regulatory tools, and market the shit out of what you're doing to the public.

10.03.2026 19:23 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Even though I'm an economist, I wish there was more focus on the human suffering from this war and less focus on the economic consequences. Hundreds of little girls are dead, and we're worried about oil prices.

10.03.2026 12:06 πŸ‘ 567 πŸ” 147 πŸ’¬ 18 πŸ“Œ 7

Imagine if the G7 invested as much in preserving labor supply as they do in oil reserves. #jobguarantee

10.03.2026 12:49 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Sounds desperate

10.03.2026 01:05 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

I'm not even sure such a policy would need much change in tax policy to manage any inflationary aggregate demand effects - may depend on how much offset there is from the displaced insurance sector and other factors like better negotiated prices?

09.03.2026 17:55 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Finance thought they would get lots of deregulation goodies that would magically boost markets.

When pressed, that's all that I could glean from the early optimism.

09.03.2026 15:11 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

What's most striking to me here is that "big ideas" isn't focused on the provision of public services/goods.

We can't tax-cut our way to provisioning a care-based economy.

Raising disposable incomes to offset out-of-control "markets" in health, housing, childcare etc is a fools errand.

09.03.2026 15:07 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
EXCLUSIVE: I’m the Palestinian Who Has Been in ICE Detention for Almost a Year Don't forget us on International Women's Day, writes Leqaa Kordia.

β€œEXCLUSIVE: I’m the Palestinian Who Has Been in ICE Detention for Almost a Year”

Writing for Zeteo from inside of prison on International Women’s Day, Leqaa Kordia asks us not to forget the female detainees being held and mistreated in ICE detention camps.

08.03.2026 20:10 πŸ‘ 2599 πŸ” 1044 πŸ’¬ 18 πŸ“Œ 21
teewatterss on Threads:
β€œlosing an hour on international women's day feeling very 75 cents on the dollar”

teewatterss on Threads: β€œlosing an hour on international women's day feeling very 75 cents on the dollar”

10/10 take. no notes

08.03.2026 16:47 πŸ‘ 10289 πŸ” 2257 πŸ’¬ 3 πŸ“Œ 31
08.03.2026 23:20 πŸ‘ 18 πŸ” 8 πŸ’¬ 0 πŸ“Œ 0
Preview
Reclaiming the Public Interest: Cities Should Sell Municipal Bonds to Their Own Public Banks By Tyler Suksawat & Scott Ferguson What chance do local governments have in fighting authoritarian austerity, especially when they are left to rely on feckless legislators at the state and fede…

"What if a city established a public bank and that public bank regularly purchased the city’s debt? Such a mechanism would liberate the city’s munis from private bond markets and punishing rating agencies, while expanding the city’s fiscal capacity beyond projected tax revenues."

06.03.2026 12:36 πŸ‘ 7 πŸ” 2 πŸ’¬ 0 πŸ“Œ 1
Preview
'One year of failure.' The Lancet slams RFK Jr.'s first year as health chief In a scathing review, the top US medical journal's editorial board warned that the "destruction that Kennedy has wrought in 1 in office might take generations to repair."

In a scathing review, the top US medical journal's editorial board warned that the "destruction that Kennedy has wrought in 1 in office might take generations to repair."

08.03.2026 12:30 πŸ‘ 3656 πŸ” 1544 πŸ’¬ 153 πŸ“Œ 97

The Apprentice goes global.

"πŸ‘‰ you're bombed!"

08.03.2026 20:23 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Gaurab Chakrabarti
@Gaurab

The Strait of Hormuz has been closed for 8 days. Everyone thinks this is about oil. This is about what oil becomes. 92% of the world's sulfur comes from refining oil and gas. Close the Strait of Hormuz and you don't just lose 20 million barrels of crude per day. You lose the feedstock for sulfuric acid, the single most produced chemical on Earth. Sulfuric acid is how we extract copper. It's how we extract cobalt. Without it, you can't make transformers, EV batteries, or the substrates inside every data center on the planet.

One chemical, made from one feedstock, shipped through one chokepoint. The cascade goes further: Qatar ships 30% of Taiwan's liquefied natural gas through Hormuz. Taiwan has 11 days of reserves left. TSMC, the company that makes 90% of the world's advanced chips, draws 8.9% of Taiwan's total electricity. No gas, no power, no chips. Then food. 33% of the world's nitrogen fertilizer feedstock moves through the Strait. Half of all humans alive today exist because of synthetic nitrogen. Sulfur, semiconductors, food. That makes three supply chains, one 21-nautical-mile chokepoint, and zero domestic alternatives at scale.

Gaurab Chakrabarti @Gaurab The Strait of Hormuz has been closed for 8 days. Everyone thinks this is about oil. This is about what oil becomes. 92% of the world's sulfur comes from refining oil and gas. Close the Strait of Hormuz and you don't just lose 20 million barrels of crude per day. You lose the feedstock for sulfuric acid, the single most produced chemical on Earth. Sulfuric acid is how we extract copper. It's how we extract cobalt. Without it, you can't make transformers, EV batteries, or the substrates inside every data center on the planet. One chemical, made from one feedstock, shipped through one chokepoint. The cascade goes further: Qatar ships 30% of Taiwan's liquefied natural gas through Hormuz. Taiwan has 11 days of reserves left. TSMC, the company that makes 90% of the world's advanced chips, draws 8.9% of Taiwan's total electricity. No gas, no power, no chips. Then food. 33% of the world's nitrogen fertilizer feedstock moves through the Strait. Half of all humans alive today exist because of synthetic nitrogen. Sulfur, semiconductors, food. That makes three supply chains, one 21-nautical-mile chokepoint, and zero domestic alternatives at scale.

With alt text

08.03.2026 19:32 πŸ‘ 45 πŸ” 19 πŸ’¬ 1 πŸ“Œ 6

An amazing tribute

08.03.2026 14:22 πŸ‘ 1 πŸ” 0 πŸ’¬ 1 πŸ“Œ 0
Video thumbnail

πŸ§ͺMarch is #WomensHistoryMonth
Today is #InternationalWomensDay
Some highlights of women’s contribution in science.

Of note:

Kizzmekia Corbett was the scientific lead of the team that developed the Moderna COVID-19 mRNA vaccine.

@jackiebrenner on IG
#Pinks

08.03.2026 13:21 πŸ‘ 413 πŸ” 213 πŸ’¬ 7 πŸ“Œ 5

Remember when Enemy of the State was futuristic?

06.03.2026 17:53 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Fossil fuel giant wins $370 million tax break for burning gas as an β€˜alternative fuel’
The IRS ruling appears to allow one of the world’s largest exporters of natural gas to claim its heavily polluting tankers are low-emissions β€œmotorboats.”

Fossil fuel giant wins $370 million tax break for burning gas as an β€˜alternative fuel’ The IRS ruling appears to allow one of the world’s largest exporters of natural gas to claim its heavily polluting tankers are low-emissions β€œmotorboats.”

I cannot ever stop tearing my hair out about climate activists being labelled 'unrealistic' when the fossil fuel business bros persistently do shit like this

www.washingtonpost.com/business/202...

01.03.2026 19:28 πŸ‘ 245 πŸ” 92 πŸ’¬ 5 πŸ“Œ 3

I went through and added up the total paid rents through our adopt-a-rent program, and it is 329 families for $463,217. All peer-to-peer, no fundraising. Just neighbors helping each other out.

If you want to adopt a family, and can afford to give $500 or more, signal me at asiniiwiikwe.72

01.03.2026 17:33 πŸ‘ 1101 πŸ” 461 πŸ’¬ 12 πŸ“Œ 19

Making my way through the amicus briefs filed in support of respondents in Trump v. Barbara and more than 10 of them address the risk of statelessness in a fairly significant way. Many others at least mention it in passing. A thread on the most significant arguments re: statelessness 1/

27.02.2026 10:32 πŸ‘ 57 πŸ” 25 πŸ’¬ 3 πŸ“Œ 9
Post image

I’m transgender, I live in Kansas, if you want to help rn donate to either the ACLU of Kansas or the ACE foundation in Wichita - the ACE foundation especially is the organization that will help people with money for groceries, rent, etc. More orgs also included in attached img

acefoundationict.org

26.02.2026 17:05 πŸ‘ 4863 πŸ” 4734 πŸ’¬ 33 πŸ“Œ 62

Very well said mate, from a fellow immigrant.

26.02.2026 23:47 πŸ‘ 4 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

It’s not just Medicaid funding they’re withholding to MN. It’s food assistance, child care assistance, social services, job training, safety testing, public health, disaster relief. SNAP. Free lunch for kids in school.

They hate us for loving our neighbors, and are collectively punishing us for it.

25.02.2026 22:37 πŸ‘ 8426 πŸ” 4145 πŸ’¬ 236 πŸ“Œ 140

If you’re a climate/energy person, I will take your portrait pro bono.

23.05.2025 18:13 πŸ‘ 1241 πŸ” 188 πŸ’¬ 59 πŸ“Œ 44

One can hope it's changing, although the track record hasn't been stellar on this front

25.02.2026 20:42 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0
Preview
Democratic Finance for New York City’s Budget Dance By David I. BackerI’m a professor of education policy and teach classes on public finance. I make it my business to know the government’s business, and I live in Brooklyn, so I’ve been paying close…

"[W]e know that Mamdani and company want to challenge these old dynamics. Why not take up some medium-term measures, and maybe champion longer-term transformations, that make this arcane debt service stuff a relic of the past?"

23.02.2026 18:31 πŸ‘ 10 πŸ” 5 πŸ’¬ 1 πŸ“Œ 1

Worthwhile piece with creative ideas. (Municipal finance is so complex and arcane - and there are so many weird private profit loops built in) Send some greenbacker energy zohran's way

24.02.2026 05:19 πŸ‘ 9 πŸ” 5 πŸ’¬ 0 πŸ“Œ 0

Exactly.

What is appropriated is funded. The economic question ultimately comes down to inflation management policies.

We can end the era of billionaires while designing a care-based.economy. It's just gonna be a long haul from where we are now.

24.02.2026 05:15 πŸ‘ 1 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0