- Oct 22, 2021 7:29 pm GMT
President Biden advocates for underground electric! Now, if he (and we) can learn to evaluate the TOTAL COST OF OWNERSHIP aka “the lifecycle cost”….we will all benefit from improved reliability, resiliency, safety and value. Here is the quote:
COOPER: But the concession has been agreed to for Senator Manchin for coal in his state.
BIDEN: No, no, no --
COOPER: Is that true?
BIDEN: Nothing has been formally agreed to. The concession has been -- the negotiation is I've been saying to Joe, look, I'll take -- if we don't do it in terms of the electric grid piece, what we'll do is give me that $150 billion. I'm going to add it to be able to do other things that allow me to do things that don't directly affect the electric grid in the way that there's a penalty but allow me to spend the money to set new technologies in place.
For example, we can save significant amounts of money and as a consequence of that significant amounts of energy if, in fact, we are able to put the high tension wires underground. It costs a hell of a lot more to do it. It creates real good jobs.
It creates a hell of a lot more to do it. But in fact, it would do a lot to keep things from happening that are dangerous. Half the forest fires out west are those towers coming down -
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