r/investing
Green energy is growing a lot in China, but it is woke in the US.
Green energy investments like $ICLN are more cost-effective and less risky than extreme alternatives like building data centers in space.
- Green energy investments offer a more cost-effective and less risky solution to energy supply shortfalls compared to extreme alternatives.
- Proper investments and incentives can resolve the energy supply gap without relying on coal.
- China's successful and cheap green energy capacity building demonstrates the sector's viability for powering data centers and industries.
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.