The subsidies for wind are about 10 times that for nuclear.
I think nuclear is going to be part of the mix.
I have suggested a different way for the next 20 years, which I believe is simpler and will work.
An economy-wide cap and trade is a poor way to reduce carbon because it has the effect of raising the price.
Seventy percent of our carbon-free electricity is nuclear.
But it could be more than that over time?
If I drive to work in a car, I do not pay anything under this cap and trade bill.
I agree with him that climate change is real, that humans are causing it. My problem is with the solution.
It deliberately raises the price of energy when our goal for ourselves and for the world... ought to be cheap energy.
Senator Cardin mentioned that, he has been a consistent supporter of nuclear power.
My view is that if we built 100 nuclear plants, if we electrify half the cars and trucks, and if we had mini-Manhattan Projects in energy R&...
According to the Department of Energy, the direct jobs produced by 100 new nuclear reactors would be 250,000.
My objection to this bill is--I see the problem. I agree with the problem. But I see no need for us to send manufacturing jobs overseas by d...
If we build 100 nuclear plants, the President led us to do that, if you led us to electrify half our cars and trucks, if we had mini-Manhatt...
A 30 percent increase.
So basically, all we have done with this bill is raise the price of gasoline and fuel.
the issue of colocation, do you mind, since you all--obviously, I am sure people want to collocate near NASDAQ
I hope that we will not get into the mode of trying to legislate returns.