Markets alone fail to provide energy security redundancy and infrastructure because low-capacity-utilization assets (backup LNG facilities, extra refining capacity, pipeline diversification) have poor commercial returns; government must socialize these infrastructure costs to achieve resilience.
causalpending
Speaker
Jason BordoffEvidence Quote
“the market alone doesn't provide the redundancy...there's not a commercial rationale to do that government would have to socialize those costs for energy security”
Created: 8/12/2026, 6:30:33 PM
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