Quote:
Originally Posted by GGG
Current investment in energy infrastructure is about 2 trillion per year
https://iea.blob.core.windows.net/as...stment2021.pdf
The green proposal of 131 trillion over 30 years effectively doubles that expenditure. That doesn’t seem all that unreasonable of a number given the early retirement requirements of coal and gas assets.
Nuclear should be included but I don’t quite understand why people seem shocked at the sticker price of replacing all existing fossil fuel plants AND building new power plants to replace gasoline energy. 85% of the total energy being used needs replacing.
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Because it doesn’t include nuclear.
And thus doesn’t solve the problem.
While still costing $131 trillion specifically.
A nuclear plant costs between $4-5B from what I’ve read - that $131 trillion could build 26,200 nuclear plants at $5B/pop.
It’s going to build zero.