NEW: Elon Musk backs more oil production and expanded European nuclear power to combat Russia
that it's "extremely obvious that Europe should restart dormant nuclear power stations and increase power output of existing ones," calling it "critical" to national and international security.that "we need to increase oil & gas output immediately" because "extraordinary times demand extraordinary measures.
But Musk said that while expanding oil production would "negatively affect" his company, "sustainable energy solutions simply cannot react instantaneously to make up for Russian oil & gas exports."Musk's comments puts the EV pioneer into unusual alignment with the oil-and-gas industry, which has called for more leasing in federal lands and waters and greater Biden administration support for oil and liquefied natural gas exports.
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