James L. Salmon, Esq.
300 Pike Street
Cincinnati, Ohio 45202
Summary of Services and James L. Salmon's CV
Collaborative Construction Resources, LLC helps owners craft IPD procurement strategies that enable them to acquire BIM enabled infrastructure from integrated teams and helps those teams craft, negotiate and implement integrated agreements. Whether you need an IPD Facilitator, a Project Neutral, or Project Counsel, we can help. We're BUILT to integrate!
Trump’s popularity at home is likely to depend in large part on whether he can revive blue collar jobs. An energy boom offers the best prospect for growth in manufacturing jobs. Much of America’s new energy bounty comes in the form of natural gas; this has significant implications for America’s future industrial development. Natural gas can be exported, but it has to be liquified first — and that adds significantly to its cost. American manufacturers in energy intensive industries can expect secure supplies of natural gas at lower costs than their competitors in Europe or Asia will pay. That matters to blue collar workers; the energy rich United States is becoming significantly more attractive as a manufacturing site for large, energy (and job) intensive plants.
What we know of Trump’s economic plans looks like an effort to capitalize on this advantage. Reducing corporate tax will help pull industrial investment to the United States, especially from high tax Europe. German chemical and automobile manufacturers, for example, are under great pressure from high labor, energy and taxation costs. Trump’s America, however unpalatable it may be to German diplomats, may prove surprisingly attractive to German industrialists. Additionally, Trump’s plan to promote the return of some of the $2 trillion plus in offshore cash held by American companies overseas is likely to promote domestic investment, especially if corporate tax rates are also cut. Cheap energy and favorable regulatory treatment could well ensure a significant boost in investment in new production facilities during the first Trump term; that will make his voters happy and could solidify the coalition that swept him to the White House.
That bring us to the elephant in the room when we talk about the future of energy. Changes in the energy mix normally happen incrementally over long periods. But claims of catastrophic man-made global warming imply that we don't have time to wait. It's the reason we're told that the future of energy has to come now, which raises the risk of massive malinvestments that could end up achieving dramatic reductions in carbon dioxide emissions the only way that has really been demonstrated to work: crashing the economy.
Yet it may be time to accept that this zero-emissions future isn't going to happen. A few years back, Google cancelled its alternative energy "moonshot" because it projected that the cost of rebuilding the entire world's energy infrastructure would be too great, and that it would come too late to make a significant difference on projected global temperatures. Two of the Google engineers explained in detail why existing technology won't do the job, and they drew this conclusion:
"As we reflected on the project, we came to the conclusion that even if Google and others had led the way toward a wholesale adoption of renewable energy, that switch would not have resulted in significant reductions of carbon dioxide emissions. Trying to combat climate change exclusively with today's renewable energy technologies simply won't work; we need a fundamentally different approach."