The Meb Faber Show - Better Investing cover image

Chris Bloomstran, Semper Augustus – Buffett, Berkshire, & Investing During The Energy Transition | #410

The Meb Faber Show - Better Investing

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The Greens Are Getting Paid for Ime

The cost of replacing just our fossil fuel, for just replacing coal, is something like four to eight trillion dollars just in the us. You'd run that at a factor of six to try to et world wide. And you can't do it. The greens have totally lost their minds and they're pushing us down the path. I think maybe they'd be ok ie to go back to horse and buggies. But if you want to actually live and fly and drive, and do it in a reasonably quick period of time, not do it so fast that you create dangerous scarcities then there's a middle ground. For that, volero and holly are good corporate citizens. Berkshire

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