David Fickling
@davidfickling.bsky.social
9.4K followers 620 following 430 posts
Climate columnist at @opinion.bloomberg.com. Migrant from London to Warrane/Sydney. These are my views. If you don't like them, well, I have others.
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davidfickling.bsky.social
On a personal note:

I am doing my first full Ironman triathlon in April. I’m raising money for WaterAid, to provide the billions who lack access to it with the clean water I will be gulping as I swim 3.8km, bike 180km, and run 42.2km! Please click the link!

www.mycause.com.au/p/366670/hel...
Click here and donate to WaterAid for Help me swim, bike and run for WaterAid!
WaterAid is an international non government organisation. Our mission is transform lives by improving access to safe water, hygiene, and sanitation in the
www.mycause.com.au
davidfickling.bsky.social
Only if it’s from the Hamburg region of Germany, otherwise it’s just sparkling bean
davidfickling.bsky.social
I know it’s just a dumb Truth Social post and not in the top 100 dumb things he has done but at least you’d expect him to know about tax avoidance and the entertainment industry.
davidfickling.bsky.social
Tariffs aren’t applied to services and if they were it would be a complete morass. Filmmakers are, famously, experts at fiddling costs and revenues to make their profits disappear when the taxman comes knocking 1.

1. Brooks, Melvin, “The Producers” (1967)
davidfickling.bsky.social
When a foreign film is shown in the US, the foreign rights owners are granting the US distributors a local license to display the film and getting fees in return.

These bear no relation to the nominal costs of physical goods being exported — they’re normally a share of box office receipts.
davidfickling.bsky.social
I know it may seem a minor thing, but when foreign films are shown in the US, the trade that is going on is not “reels of films being exported to the US”.

The biggest exporters of such film, tariff code 3706, are Thailand and Czechia, with 43% of the market. The US has 13%.
davidfickling.bsky.social
When the tariff king who’s upending the world economy doesn’t know the difference between merchandise goods and services
davidfickling.bsky.social
It’s an interesting and grim partition fact that the Pakistan Hyderabad used to be a largely Hindu city and the Indian Hyderabad used to be largely Muslim. Very few Hindus left in Sindh these days, although I think the Telangana one is roughly 50-50.
davidfickling.bsky.social
The tiny clipart of the Charminar is the giveaway, but I like to think that was just slotted in by a graphic designer who didn’t know the difference
davidfickling.bsky.social
I feel an “Indian & Pakistani Restaurant” called “Adaab Hyderabad” is telling a very subtle joke to its customers
davidfickling.bsky.social
Although of course very few big players in this game are in a better position to buck the CW than Zuck, thanks to the dual-class share structure. But he still goes along with it…
davidfickling.bsky.social
IMO R&D is people, and the UK is a top-5 global R&D spender.

Changing the domicile of dividend payments won’t affect that much.

You want to focus much more on quality of life for the people doing the R&D work, surely.
davidfickling.bsky.social
God forbid that IP-heavy companies would ever offshore their IP to low-tax jurisdictions like Ireland and the Netherlands!

If that were ever to happen then major economies might face some sort of slow-moving crisis of corporate tax evasion and eroding fiscal sustainability. 🙃
Reposted by David Fickling
davidfickling.bsky.social
Technologically advance a band

The B-2s, beloved for their classic hit “Bronze Lobster”
blueshiftnz.bsky.social
Technologically advance a band:

Jefferson Starlink
robdickinson.bsky.social
Technologically advance a band:

Fleetwood iMac
davidfickling.bsky.social
Nexstar can call it preemption but not ABC. And even then, doesn’t “preemption” suggest this is temporary, not indefinite?

Just weirdly misleading use of language IMO.
davidfickling.bsky.social
Yeah but the show is produced by an affiliate company wholly owned, like ABC, by Disney. I can’t see how “exercising an option not to broadcast the show you yourself produce” is any different to “cancelling the show”.
davidfickling.bsky.social
It’s funny that we had a whole bogus moral panic about “cancel culture”, and now that the might of the state is actually being used to restrict speech we have decided that it’s indelicate to use the word “cancel” to describe the act of cancelling things.
davidfickling.bsky.social
Can someone explain to me the difference between the weird oxymoronic jargon “indefinite preemption” and the plain English “cancellation”?
davidfickling.bsky.social
In individual countries it may still be exponential (eg Pakistan, Saudi Arabia, Central Asia, Sub-Saharan Africa) but places like China/Spain/Australia, where it is already very mature, are at the flatter stage of the S curve now.
davidfickling.bsky.social
*Exponential* increase from this point? We are four doublings away from 40 TWh! So exponential growth really just does have to run out pretty soon.
davidfickling.bsky.social
We have always underestimated solar. But this year we will connect about 700 GW, enough to generate 1.2 TWh in a global grid that has 31 TWh of annual demand. Just maintaining that growth is huge.