Tariffs are beside the point in the energy race with China; what is actually costing America is environmental regulation, and Texas is out-deploying California ten to one because of it.

In terms of things that are causing us to lose to China, tariffs are neither here nor there because, as we've discussed, we're not sensitive to cost on power. But the environmental regulations that are actively preventing us from deploying renewable energy in the United States, like this is the reason Texas is winning. Texas is out deploying California 10 to1.