Key insights
- The article contrasts China's rapid green energy expansion with perceived political impediments in the US, suggesting a missed opportunity for US energy production growth. It argues that focusing on space ventures over domestic green energy investment is illogical, highlighting China's cost-effective and low-risk approach to scaling green energy capacity. This suggests potential headwinds for US energy sector growth relative to China.
Reading the SpaceX marketing pitch, I like that it shows that energy production in the US is not growing as fast as China (and we know why, US torpedo green energy growth for political reasons), so the absolutely only logical solution is to go to space instead.
The supply shortfall is not that big and could be resolved with proper investments and incentives, and no, coal will not help much.
It is not relevant that China does not need to go to space , and already building for years the capacity with common knowledge, cheaply, and with zero execution risk, and that will help everyone there (homes, industries, and yes, data centers).
Green energy investments $ICLN and alike are probably still the more cost effective solutions and less risky than building data centers in space.