Friday, January 31, 2025
Energy Race
Scott Bessent:
Senator Wyden, just to frame this for everyone in the room, China will build 100 new coal plants this year. There is not a clean energy race. There is an energy race. China will build ten nuclear plants this year. That is not solar. I am in favor of more nuclear plants, and I would note that the IRA (Inflation Reduction Act) as scored by the CBO is wildly out of control in terms of spending on the upside.
Via Steven Hayward.
