There is a persuasive case that the public ownership, particularly of in the energy sector, is cheaper than then de-risking private energy or private renewables. So there is a kind of short term fiscal hawks to be made for public ownership. But we also need a change in the way that that we think about the state's balance sheet where the state will have to have a much larger balance sheet That it has at the moment. I don't think public ownership is enough. And politically, I cannot think that it's possible at the moment, but who knows what the world looks like in five years from now?
Featuring Daniela Gabor, Ted Fertik, and Tim Sahay on Bidenomics. We define and debate the new American industrial policy, the energy transition, the New Cold War with China—and more.
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