2min chapter

The Compound and Friends cover image

Worse Than Enron

The Compound and Friends

CHAPTER

Is That a Cold War Stock?

The United States now gets 12% of its electricity from wind and solar. That means natural gas and coal that we used to use to make electricity is freed up for export. Europe doesn't have the terminals to take a lot of it in, so they're building more LNG terminals. "If this thing with Russia becomes another Cold War, then that becomes something that we're going to need to do a lot more of"

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