Invesco Solar ETF

And so the point of this chart is if we really need all we could eat on energy for artificial intelligence, and if artificial intelligence, the race is the, you know, race for national security and dominance in the world. This is saying we're taking a step backwards on this supply.

Jason support ×2 ▲ on ⚡ IRA energy tax credits survive repeal because AI needs the electrons E237 · 2025-08-01 ▶ 28:09

it's cheaper to put in a solar and battery farm than a new coal plant. It is 100%.

Friedberg oppose ×2 ▲ on ⚡ IRA energy tax credits survive repeal because AI needs the electrons E237 · 2025-08-01 ▶ 28:38

These methane plants are half the cost of solar. They can get stood up in less than two years to generate a gigawatt.

Chamath support ×2 ▲ on ⚡ IRA energy tax credits survive repeal because AI needs the electrons E237 · 2025-08-01 ▶ 14:11

we are sort of back to basics almost in a sense where in the absence of power, I think AI is not going to be the thing that we think it can be. So that's going to create an enormous amount of appetite by the federal government to do deals and get players on the field. And that's to me very exciting. So, yeah, I came away really, really risk on, I guess is the best way to say it.

Chamath oppose ×2 ▲ on ⚡ IRA energy tax credits survive repeal because AI needs the electrons E234 · 2025-07-04 ▶ 22:47

So, I don't know, my perspective is get rid of all the subsidies at this point, create a clean slate, but don't do anything to hinder the production of electricity, because we need literally as much of it as we can get our hands on.

Friedberg oppose ×2 ▲ on ⚡ IRA energy tax credits survive repeal because AI needs the electrons E234 · 2025-07-04 ▶ 16:23

Now, I will say, from my point of view, I'm not a huge fan of being dependent on government subsidized energy at all. So if the government is having to play a role in funding stuff, there's something really questionable in terms of our sustainability on that energy production source.

Chamath reversal ×3 ▲ on ⚡ IRA energy tax credits survive repeal because AI needs the electrons E229 · 2025-05-24 ▶ 17:35

You take the financial incentive away and you can't underwrite this thing. What are they going to do? They're just going to stop doing it. So in the absence of electrons, what happens? Prices go up, it's inflationary, and now you'll have to allocate electrons.

Chamath support ×2 ▲ on ⚡ IRA energy tax credits survive repeal because AI needs the electrons E223 · 2025-04-11 ▶ 46:53

Inside the IRA, I think that there were two things, and I've said this pretty repeatedly, but I just want to put it on the record again. The ITC credits and the ITC transfer markets for those credits, the tax equity markets, are critical industries in America to support private investment in all kinds of very complicated markets, energy markets being the most important.

Chamath support ×2 ▲ on ⚡ IRA energy tax credits survive repeal because AI needs the electrons E218 · 2025-03-08 ▶ 30:18

But the other part of the IRA, this narrow part is what it did to reinforce tax incentives and tax equity, which is a $200 billion market that incentivizes that 90% of energy generation. So my point is that when you start to get into the details, when the house, ways and means community has to figure out what part to put back, this is going to be hard because it's like, hold on, if you got the whole thing, now all of a sudden you take 90% of the incremental energy generation incentives out of the market, you don't have enough electrons.

Chamath support ×2 ▲ on ⚡ 100 million homes become mini-utilities and strand incumbent utility debt E200 · 2024-10-18 ▶ 1:04:44

There's storage that's coming online very aggressively. The solar capability itself is ramping up aggressively. We're also forcing these utilities to actually be deconstructed so that there's more efficiency in the energy markets.

Friedberg oppose ×2 ▲ on ⚡ 100 million homes become mini-utilities and strand incumbent utility debt E189 · 2024-07-26 ▶ 1:36:10

And we have to have this ability to more rapidly kind of accelerate high power output systems like nuclear. Because while solar is great, it's a low power output. You need much more volume.

Chamath support ×1 ▲ on ⚡ 100 million homes become mini-utilities and strand incumbent utility debt E189 · 2024-07-26 ▶ 1:36:01

You don't think that distributed energy can basically deliver effectively energy at a marginal cost of zero?

Chamath support ×2 ▲ on ⚡ Energy-transition capital flows under a national-security frame, not a climate frame E182 · 2024-06-07 ▶ 1:17:23

I think that climate change stalled when it was an emotional and philosophical rallying cry, largely of the left. When instead it became something about resilience and domestic manufacturing, both sides came together.

Jason support ×2 ▲ on ⚡ 100 million homes become mini-utilities and strand incumbent utility debt E182 · 2024-06-07 ▶ 1:16:53

Solar is just getting so cheap. Batteries are getting so cheap, putting batteries in your home, putting solar in

Jason support ×2 ▲ on ⚡ 100 million homes become mini-utilities and strand incumbent utility debt E176 · 2024-04-26 ▶ 37:19

All the regulations are going to get opened up to put batteries and solar everywhere.

Chamath support ×3 ▲ on ⚡ 100 million homes become mini-utilities and strand incumbent utility debt E176 · 2024-04-26 ▶ 33:44

the biggest investment I've made is in a company called Palmetto. They are close to now the largest residential solar business in the United States ... So I've always thought a ginormous directional bet to make would be to go along the disruptor. The person that helps arm the rebels in this case would be the person that arms 100 million homes. And then eventually at some point just short the debt of these utilities because they won't be able to service them.

Chamath support ×3 ▲ on ⚡ Energy-transition capital flows under a national-security frame, not a climate frame E143 · 2023-08-25 ▶ 1:42:09

So ask me, how much money have I invested in climate change with all that data? Zero... Ask me how much money I've invested in technology, that will benefit climate change as a by-product of national security, hundreds of millions of dollars.

Jason support ×2 ▲ on ⚡ Household energy resilience — every home becomes its own virtual power plant E97 · 2022-09-23 ▶ 58:34

Technology is there. I mean, people are getting generators for natural gases backups. We're going to have to figure out how to take the load off the grid and build resiliency into it.

Chamath support ×3 ▲ on ⚡ Household energy resilience — every home becomes its own virtual power plant E97 · 2022-09-23 ▶ 54:47

At the end of the day, there are tens of utilities in America, but there are 100 million households. And the only path to energy independence is to get every single 100 million household to be resilient, which means they need their own solar panels. They need battery storage. They need their own potable water.

Chamath support ×2 ▲ on 🏛️ Infrastructure-bill tax credits make the captured solar incumbents rip E94 · 2022-09-01 ▶ 1:14:34

The great thing about the IRA and what Chuck Schumer did is actually will be written in 10 or 15 years from now, because when we get to energy independence, when every home is resilient, the national security calculus in America changes wholeheartedly overnight.

Sacks support ×2 ▲ on 🏛️ Infrastructure-bill tax credits make the captured solar incumbents rip E89 · 2022-07-29 ▶ 39:11

And the vast majority of the bill, like you said, are subsidies for clean energy, which are basically handouts to special interests in the donor class and the Democratic Party.

Chamath support ×3 ▲ on ⚡ Solar wins alternative energy — nuclear and wind lose E71 · 2022-03-05 ▶ 1:05:49

in times of uncertainty, you actually want to be deploying. So, you know, I announced what was it last week? I think it was a solar deal. The solar deal. You know, I put $228 million into this thing.

Friedberg oppose ×2 ▲ on ⚡ Solar wins alternative energy — nuclear and wind lose E70 · 2022-02-24 ▶ 47:28

Just to give you one counterpoint to your statement about energy independence arising potentially from solar, to generate a gigawatt of capacity and industrial scale solar farm would take about 7,500 acres. ... So the actual amortized cost over the lifetime of that solar installation works out to something on the order of 15 cents a kilowatt hour. Whereas if you do it on an industrial scale, it works out to about 3 cents a kilowatt hour.

Sacks support ×1 ▲ on ⚡ Solar wins alternative energy — nuclear and wind lose E70 · 2022-02-24 ▶ 32:46

Long term, I think solar is the answer, but I think that's a long term strategy.

Jason support ×3 ▲ on ⚡ Solar wins alternative energy — nuclear and wind lose E70 · 2022-02-24 ▶ 50:57

$2.5 trillion to put solar on every home. The end. Like, we're $30 trillion in debt. 10% of our debt would make us energy independent forever. The plan gets better when you do math.