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For years, green groups have hailed electrification as a core climate solution. And now that we’re suddenly in the middle of historic load growth, they’re largely unprepared to meet the moment with big ideas. “We should all be embarrassed,” says Jane Flegal on this week's Open Circuit episode. For...

90,177 Aufrufe • vor 3 Monaten •via X (Twitter)

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Free electricity for every American? Chamath explains how it’s possible. Chamath Palihapitiya: “I think the president should try to create a $300B-$500B tax equity fund and help eliminate the electricity costs of 50-100M American households.” “If you actually go to solar and storage, for every 15 million homes, you take a terawatt hour of demand off the grid, that's an extra terawatt hour that you don't need to build.” “So the reason why I like solar and storage is you make these folks so self-reliant.” “Now all of a sudden we're actually catching up to China faster than we would've otherwise.” “We actually get a 2-for-1. The consumer homes don't have that anxiety anymore. They don't have the bill. And because they're generating their own power, they're off the grid, and now what that means is that extra terawatt hour can actually go to the commercial and industrial applications, including these datacenters.” “The president preserved the ability to make those kinds of investments and be tax advantaged for doing it in the One Big Beautiful Bill.” @jason: “And if we want to live in the age of abundance, and we want to bring the bottom half of the country up, and we want affordability, where do people spend their money?” “Food, groceries, their rent, and their electricity, and the utilities.” “So it doesn't come out of Americans' pockets and their taxes, it comes out of corporations, which are printing money.” “If you wanna talk about redistribution of wealth, this is a way for the great American Mag 7 corporations to give something back to Americans.” Chamath: “We will look back and I think that we will want to have seen these big companies who are unbelievably profitable, step up on behalf of American homeowners.”

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.Scott Nolan to Shawn Ryan: Energy Will Decide U.S.-China Race for AI and Economic Dominance "I think the next decade's going to be all about energy. Even Sam Altman from OpenAI had some recent hearing or talk where he talked about just the evolution of AI. You've got algorithms. Algorithms run on chips, but ultimately the chips need electricity. And what he said, if thinking back to this interview, the algorithms are going to get better and better and better and cheaper, and the chips will get cheaper and cheaper, but at the end of the day, you have to get the electrons, and the electrons have a fundamental price, and ultimately it's going to come down to that. I think even the AI, the AI competition between different companies in the U.S., between different countries, it's ultimately going to come back to the electricity production. Next decade, it's going to be all about power production. AI, military, if you think you need kinetics and military, that comes back to manufacturing. If you think economics, we have to have the biggest economy so that we can just have the most productive capacity, energy. Next decade is going to be all about energy, and we've stayed flat for a decade, for 15 years, we haven't done anything, more like 20 years, our grid's been pretty stagnant, and if we want U.S. leadership, it's going to have to grow. I think that's going to be the story we see, and it's going to be about solving different supply chain needs, whether it's fuel, maybe it's transformers, maybe it's transmission, all these things are going to come up. It's going to be chips. We'd have to go back to that chart and see exactly where is China today, where were they before in terms of per capita, but I think a lot of that production, the doubling of their grid relative to our grid, a lot of that's gone into manufacturing. We've shifted manufacturing from the U.S. to overseas. A lot of that's in China now, we've let them do it. A big part of that, people thought was, well, Chinese labor is much cheaper, but a lot of these processes can be automated. And so once you automate it, it just comes back to energy cost. And so China said, let's double our grid. Let's keep going. Let's work on tripling our grid, and we'll do it in the cheapest way possible because we want to win on manufacturing and get all this economic activity over here. Meanwhile, the U.S. has said, we have a bunch of regulations, which are good, and probably some that are unnecessary and have slowed us down, and so we haven't done the growth, and we've been very thoughtful about emissions, environmental impact, carbon. Meanwhile, China's doubling, tripling their grid and has done a lot of that with coal. And so we've shifted manufacturing here that would have been cleaner over there and just probably ended up net producing more carbon than we would have, more pollutants than we would have, and just kind of outsourced that. But as we know, carbon flows everywhere. If you're really worried about carbon emissions, letting China double their grid with coal and move energy-intensive manufacturing there is not actually the answer. The answer is the U.S. has to unblock building here, doing industrial activity, do it cleanly, do it with nuclear or other sources, even natural gas, half the carbon emissions of coal, and the world would be way better off. Their grid doubling hasn't just meant that everyone there has a better quality of life. I think it just means that we've taken a lot of manufacturing from here and done it over there."

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28,340 Aufrufe • vor 1 Jahr