Posts

Posts uit juli, 2024 tonen

Radical Uncertainty

Afbeelding
  Perhaps you will agree that doing business in a society which is being disturbed by geopolitical conflict is not easy. When circumstances, rules, regulations can change overnight or geographical shifts are probable, long term commitment to or investments in alternative energy sources may be unwise. When you are following my columns, you will understand that I always ask Aristotle’s question: ‘seek knowledge of cause’. Uncertainty in information theory is also understood as the ‘information we don’t have’. Basing investments on information we don’t have causes uncertainty. At this moment I am observing that long term commitment into development of the Hydrogen bubble (I believe that would be the correct nomenclature) are gradually decreasing. An hydrogen hub connecting Rotterdam with the German Ruhr Industrial Area has been postponed.   Automakers don’t invest fully in cars running on hydrogen and already are rethinking investing in electrical vehicles, because of uncertainty about th