“One of my regulatory theories is that most regulations have two pieces. They have a moral cover story, like we must ban supersonic flight because sonic boom is really bad, or nuclear power is scary. But if you follow the money, you find there's some lazy incumbent that doesn't want to work hard.”

Leave the sexiness aside for a second. I think it's important. So if you look at, so there's a trend line that you can look at basically from the Industrial Revolution forward, which is amount of energy production per capita. And this was an exponentially increasing curve until 1971. And then it turned into a slow linear curve, which eventually flatlined and it stopped in the U.S. We are not increasing energy production per human. We haven't for decades. Is it because of nuclear? Well, it certainly coincides with nuclear getting frozen, right? But we stopped building new power plants kind of in general, or at least it kept up with population growth, but like no more than that. And it's why exactly that happened, I think, is a little bit, I don't know if I know all the answers. It coincides with the success of the environmental movement, early environmental movement. It coincides with a lot of regulation going into place. I think you can make a good so one of my regulatory theories is that most regulations have two pieces. They have a moral cover story, like we must ban…