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The difference is that $10T is an investment that pays returns -- 30GW of power plants generate electricity for ~free once they're built. In the long run, th
by bryanlarsen 2y ago
The difference is that $10T is an investment that pays returns -- 30GW of power plants generate electricity for ~free once they're built. In the long run, that $10T will be paid back and then some.
OTOH the $10B is an annual expense with no return.
- rootusrootus 2y agoSure, but you can spend 10B a year for a thousand years and you still won't be anywhere even approaching 10T in today money. We could just do both and it would cost the same, for all practical purposes. In any case, if those power plants have a great ROI, they will get built very quickly without having to be publicly subsidized.