Biden Subsidies Spur Clean Tech Boom, But Massive Electricity Needs Challenge 100% Green Goals
• Electricity demand growing rapidly due to AI, cryptocurrencies, green economy push • Biden administration subsidizing green economy transition but not planning for massive electricity needs • 155 new clean tech factories being built that will require lots of electricity • Green hydrogen economy would require up to 12x increase in renewable energy generation - not feasible • Natural gas, nuclear, solar, wind all needed to meet demand - 100% green transition a "fantasy"