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Energy Gang

The Race To Lead The World In Clean Energy

Jul 14, 2023
54:25

Podcast summary created with Snipd AI

Quick takeaways

  • President Biden's industrial strategy, known as 'Bidenomics,' emphasizes creating jobs in clean energy and reducing energy costs for consumers.
  • Building a domestic supply chain for clean energy technologies requires balance between competition and cooperation, addressing dependencies on international supplies and strategic planning for economic development.

Deep dives

The importance of economic development and energy security in the energy transition

The podcast episode discusses the significance of economic development and energy security in the context of the energy transition. The episode highlights how President Joe Biden's industrial strategy, referred to as 'Bidenomics,' focuses on creating good-paying jobs in clean energy and lowering costs for families. The Inflation Reduction Act in the US is mentioned as a tool to support low-carbon energy and promote investment in manufacturing energy equipment domestically. The conversation also touches on the role of critical minerals and supply chains in clean tech industries, including electric vehicles and hydrogen. The episode emphasizes the need for balance between competition and cooperation, with a recognition that no country can achieve the energy transition alone.

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