Discussing with Quinton Lucas, 2020-03-24
Ask: Letter of Intent so capital can be raised to invest in Kansas City.
Background:
- Use the Covid-19 crisis to reset priorities.
- Shift to standards-based regulations
- Capital will not invest unless there is regulatory certainty:
- Time
- Costs
- Existing businesses using existing regulations
- Manufacturers will not adopt new regulations in time of uncertainty.
- Capital will not invest unless there is regulatory certainty:
- Example of what is not working, more of what is failing will likely fail:
- Virus spread in queuing and transfers, London Tube study and Covid-19 on airplanes.
- Traffic costs people in Missouri $21.2 billion/year. Americans $1.7 trillion per year.
- Climate Change and oil wars.
- more
- Examples of what is working:
- Shift from rotary telephones to the Internet.
- Morgantown’s PRT provided 150 million passenger-miles with two minor injuries. NOTE: there were 1.8 million road-deaths in this same period of time.
- Freight railroads 470 ton-mpg efficiency.
- Tesla’s 1.88 billion self-driving miles on roads establishing a 9-times better safety record.