Dave Walsh

Well, Steve, I guess we, consistent with your theme this morning, we initiated on this forum the conspiracy thought process about four years ago that renewables and the shortage of electricity were causing a massive shortage of electricity and going to lead to massive, massive price hikes.

And now, suddenly, within the last few months, everybody's on board with, oh, yeah, that's for real.

Oh, yeah, that's for real.

Including Bill Gates, who had this terrific epiphany

and turn around this week now acknowledging an industrial economy cannot be powered based on renewables.

And guess what?

If we really want to feed the hungry and we want to take care of the poor, well, he's saying we need more vaccines, but we do need to spend more money on other things than renewables because they don't work to power an economy.

Now, Bill, by the way, is a massive investor in AI and data center activities who need massive quantities of baseload power.

I know he has zero hedge, saying the same thing.

And even the Wall Street Journal, in an op-ed by Mary Loyola about three weeks ago, pointed out once again that the U.S.

economy cannot be fueled to be sustainable with part-time intermittent renewables.

This is totally self-serving also.

It's correct, but it's self-serving on their part.

The $200 billion of debt that Meta, Alphabet, Oracle, and these guys have raised will build about 80 gigawatts of 80 1,000 megawatt power plants.

That's what they need.

That's the major infrastructure that they need to power this AI thing.

It's not as much the computer equipment.

It's the power generation facilities.

So now they're all over, hey, these have to run 24 hours a day.

They have to be gas fired.