Jigar Shah
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Podcast Appearances
But in the end, if these companies go bankrupt, what happened last time is that those technologies made their way to China. And so I hope that that doesn't happen this time around.
But in the end, if these companies go bankrupt, what happened last time is that those technologies made their way to China. And so I hope that that doesn't happen this time around.
I hope that people recognize that these are American technologies, that we invented them, and that we now need to make sure that they are supported so that we can actually make sure they flourish here in the United States, and then we can export them around the world. That has been the industrial backbone of the United States for decades. But I think that if the policy support starts to fracture—
I hope that people recognize that these are American technologies, that we invented them, and that we now need to make sure that they are supported so that we can actually make sure they flourish here in the United States, and then we can export them around the world. That has been the industrial backbone of the United States for decades. But I think that if the policy support starts to fracture—
Well, then, you know, these companies may end up being companies who are on the chopping block and those technologies will go to the highest bidder.
Well, then, you know, these companies may end up being companies who are on the chopping block and those technologies will go to the highest bidder.
Remember that autos is one of the largest parts of our economy. I mean, it is not surprising to me that people do not want the big three automakers to go bankrupt. that they want to make sure that they can make this transition in a way that makes sense for workers, for supply chains, for all of those people who are employed in those industries, right?
Remember that autos is one of the largest parts of our economy. I mean, it is not surprising to me that people do not want the big three automakers to go bankrupt. that they want to make sure that they can make this transition in a way that makes sense for workers, for supply chains, for all of those people who are employed in those industries, right?
And so we have the best technology in the world. Our automakers have the ability to make this pivot, but they're going to need a little time. And so we need to make sure that in these really important industries that we're not outsourcing all of it to other countries, that some of it is, a big part of it is being done here, and that includes steel manufacturing, aluminum manufacturing.
And so we have the best technology in the world. Our automakers have the ability to make this pivot, but they're going to need a little time. And so we need to make sure that in these really important industries that we're not outsourcing all of it to other countries, that some of it is, a big part of it is being done here, and that includes steel manufacturing, aluminum manufacturing.
I think it's important to our national security for them to be very domestic.
I think it's important to our national security for them to be very domestic.
I'm saying that if you think about what it's gonna take to decarbonize our grid by 2035, which is what President Biden has outlined, and our economy by 2050, you have to bring the American people along with you. And for them, importing every single thing we deploy here in the United States isn't gonna work. That's just not going to work.
I'm saying that if you think about what it's gonna take to decarbonize our grid by 2035, which is what President Biden has outlined, and our economy by 2050, you have to bring the American people along with you. And for them, importing every single thing we deploy here in the United States isn't gonna work. That's just not going to work.
And so we have to make sure that this is something that everyone is cheering about. And we can, because we have the best technology in the world. We haven't tried to do big things in these particular sectors in a long time, but we're doing them now. And I'm pretty sure that when we come back and talk about this in 2030 or 2031, everyone is going to be looking at themselves going, okay,
And so we have to make sure that this is something that everyone is cheering about. And we can, because we have the best technology in the world. We haven't tried to do big things in these particular sectors in a long time, but we're doing them now. And I'm pretty sure that when we come back and talk about this in 2030 or 2031, everyone is going to be looking at themselves going, okay,
Yeah, we were a lot better than we gave ourselves credit for.
Yeah, we were a lot better than we gave ourselves credit for.
Well, I think we should start by saying that the Department of Energy has approved so many new energy efficiency measures that we're going to continue to have energy efficiency for as far as the eye can see. And I think that's going to play a major role in meeting load growth right now. But the bigger part of load growth is not AI data centers.
Well, I think we should start by saying that the Department of Energy has approved so many new energy efficiency measures that we're going to continue to have energy efficiency for as far as the eye can see. And I think that's going to play a major role in meeting load growth right now. But the bigger part of load growth is not AI data centers.