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and,We are making a terrible mistake when it comes to future energy policies. In previous letters, we have touched upon the challenges of the so-called “energy transition.” Today, we will explain in detail the imminent harm awaiting investors and policy makers who fail to acknowledge certain realities. Every green energy proposal we have examined relies on the trifecta of wind, solar, and electric vehicles combined with various battery technologies. In recent months, a renewed “hydrogen mania” has broken out as well, which adds a fourth leg to the green energy stool. Unfortunately, based upon our extensive research, these plans, including the current hydrogen craze, are bound to at best severely disappoint and, at worst, outright fail in what they attempt to accomplish.
Follow up Information:we believe there is a more straightforward, feasible solution. Nuclear power is the only technology that can provide reliable carbon-free base-load power. Any proposal seeking to seriously address carbon emissions must heavily incorporate nuclear electricity generation. Unfortunately, none of the current proposals include a material nuclear contribution. There is some reason to be optimistic however the Biden administration has acknowledged the need for nuclear power in combating climate change and may signal an important impending change in policy outlook.