David Friedberg
๐ค SpeakerAppearances Over Time
Podcast Appearances
And if he comes back, how are you going to give him influence and control?
This is the same question that recently came up in Venezuela.
There is a very large infrastructure that needs to be overseen of government agencies.
And, you know, you can't bring an outsider in and just plug them right in to take over everything.
It's a very difficult transition.
And that's when things fall apart, when people steal stuff, when...
things get turned off.
So how do you maintain kind of the core functioning of society without breaking it by bringing someone new from the outside?
That's where this gets very messy.
So I don't know what's ahead.
Well, we got a lot of water.
It just goes around in a circle.
So I don't think that's an issue.
Amazing.
Well, here's the, let me give you the math.
So we consume in this country about 4 trillion kilowatt hours of electricity.
Average price is 18 cents a kilowatt hour.
So it's about, call it $750 billion of spend on electricity every year.
One third of that, 250 billion, is residential consumption.
Two thirds of that, 500 billion, is industrial and commercial consumption.