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Mag 7 sell-off, Wiz rejects Google, UBI, Kamala in, China's nuclear buildout, Sacks responds to PG
All-In with Chamath, Jason, Sacks & Friedberg
Cost Disparity in Nuclear Build-Out
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China's cost of electricity is significantly lower than the US due to their nuclear build-out and renewable energy expansion. China's price of electricity is around $0.07 to $0.09 per kilowatt hour compared to the US's $0.17 to $0.25 per kilowatt hour. China is expected to further reduce their cost to less than 6 cents as they expand renewable and nuclear power. This indicates that the US pays approximately three times more than China for developing new electricity capacity, despite having only a third of China's capacity.
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