Patrick Boyle

And the reason for this, they picked an off-the-shelf sort of reactor, I think from EDF in France.

And then they said, well, we need to make a few adjustments to it, right?

They've made 7,000 adjustments to the reactor.

It's no longer, this is no longer a generic thing.

If you look in places like South Korea, where they have

a more sensible approach, they build one reactor, they see that it's good, and they kind of go, OK, now let's duplicate.

We'll replicate this.

We'll put up multiples of the same thing.

And the problem is that there's almost this problem in the developed world where sort of everyone has a veto, and so any project

There was a great example of the Madrid metro system, where I think in the 90s, early 2000s, they tripled the size of the metro system in Madrid.

And it makes Madrid a great city.

And they managed to do that.

I think it was something like 35 miles of underground tube stations.

for about the same price as they spent on about a mile and a half of the Hudson Yard extension in New York.

And the reason they did this was they just simplified it all.

Like they said, look, if there's been sort of planning an environmental analysis for other stuff in this area,

um in the last few years we can just rely on that um instead of each you know getting a different architect to build each station so it's sort of interesting and arty it's like same station we'll develop a good one built them all the same and they just sort of simplified um and they built it out way cheaper and it's a funny thing because of course you know even one of the problems if you want to talk about

like apart from a high real estate cost in London, the cost of getting around is really high.

And so you might say, oh, well, a young person could live out in the suburbs and come in.

And it's like, well, what's their commute going to cost them?