You have the same energy in the rotating object if it has a radius of x or 2x.
But remember, a larger radius has a higher velocity for the same angular change as a shorter radius. So in this case the energy isn’t changing, but the object has a shorter distance to travel per rotation, so the angular velocity increases. If you extend back out, there is a larger distance to cover with the same energy available, so angular velocity slows down.
Latest Answers