Precisely. This was predictable, as are the coming brown outs and blackouts.
I’ve been following energy policy for 35+ years, worked in a coal fired steam powerplant as an engineering student. I understand this stuff technically, and I understand it from a big picture economically. In a very fundamental way, the American Economic Miracle had a large foundation block called Cheap Energy.
We are allowing this fool in the White House to throw this away with very little debate. It isn’t going to end well. I hope some major NE cities have a blackout in time to create a real public debate and arrest the slide. I don’t see anything else making this happen.
We have four basic choices Nuclear reaction steam generation, Coal Fired Steam generation, Gas Turbines, and Hydroelectric power generation, as our meet the demand electrical power generation options. Nothing else of this production capacity is even on the drawing board as far as I know.