For 100 years, electricity got cheaper and more reliable, cheaper in real terms and more reliable. And amazingly, through this crazy policy delusion I talked about, we reverse that and now Electricity is getting more expensive and less reliable due to policy decisions. We did a study. If you extrapolate the investment trends that are going on in our country by 2030, basically soon after the end of this administration, blackouts would be 100 times more common. (22:55–23:04)
CLAIM
Asserts that policy decisions have reversed the trend of cheaper and more reliable electricity.
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