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Free electricity for every American? Chamath explains how it’s possible. @chamath: “I think the president should try to create a $300B-$500B tax equity fund and help eliminate the electricity costs of 50-100M American households.” “If you actually go to solar and storage, for every 15 million homes, you take a terawatt hour of demand off the grid, that's an extra terawatt hour that you don't need to build.” “So the reason why I like solar and storage is you make these folks so self-reliant.” “Now all of a sudden we're actually catching up to China faster than we would've otherwise.” “We actually get a 2-for-1. The consumer homes don't have that anxiety anymore. They don't have the bill. And because they're generating their own power, they're off the grid, and now what that means is that extra terawatt hour can actually go to the commercial and industrial applications, including these datacenters.” “The president preserved the ability to make those kinds of investments and be tax advantaged for doing it in the One Big Beautiful Bill.” @Jason: “And if we want to live in the age of abundance, and we want to bring the bottom half of the country up, and we want affordability, where do people spend their money?” “Food, groceries, their rent, and their electricity, and the utilities.” “So it doesn't come out of Americans' pockets and their taxes, it comes out of corporations, which are printing money.” “If you wanna talk about redistribution of wealth, this is a way for the great American Mag 7 corporations to give something back to Americans.” Chamath: “We will look back and I think that we will want to have seen these big companies who are unbelievably profitable, step up on behalf of American homeowners.”

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