Why Trump’s social media company is merging with a fusion power firm. The $6 billion deal raises thorny conflict of interest questions. “The only real value DJT offers an energy company is political leverage.” “significant concerns about conflicts of interest and avenues for political corruption.”
Source: mafco
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The only reason to do it is to get sweet government money. In the name of science, of course.
The quote about political leverage is the only part of this that actually makes business sense.
In this industry, regulatory hurdles and interconnection queues kill more projects than physics does. If you are trying to push speculative tech like fusion, you need exemptions and subsidies way more than you need engineers.
It is cynical, but looking at the backlog of legitimate renewable projects sitting in permitting purgatory right now, buying the guy who controls the red tape is unfortunately a viable strategy.