Sorry, I accidentally cut off the last paragraph when posting. The company was Natron Energy: https://techcrunch.com/2025/09/05/natrons-liquidation-shows-...
Western industrial policy is indistinguishable from malicious interference.
First shutting down working and safe nuclear power plants in favour of coal, then that.
At this rate I start wondering who actually makes this policy, at most turns exposing the country more to the energy markets issues and making them more reliant on OPEC and Putin.
I don't think there is any other country which had this many opportunities and leads into high-growth and ultra-high-growth industries and made sure none of them panned out. That's not bad timing or bad luck, it's systemic. Maybe the US's conversion into a petrostate?