2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E97: SPAC updates, public/private market overview, Putin's end game & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The IRA and the Federal Government's Incentives for Renewable Energy

The cost of generating renewable power has fallen by 90%, virtually it's on par and it's cheaper than any other form of generation. But your electricity costs have doubled and are probably going to double again in a state like California. So we're catering our utility rates by 7% to 11% every year. That is unsustainable in California. And the only path to energy independence is to get every single 100 million household to be resilient, which means they need their own solar panels.

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