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174. Principles of Economics: Interviews with Tom Woods

The Bitcoin Standard Podcast

CHAPTER

The Importance of Hydrocarbons in Capital Civilization

We have infinite amounts of energy surrounding us at all times. The tricky part is taking that energy and transforming it into power, which the definition of power is energy divided by unit of time. We want to be able to drive our car, turn on the light, run an incubator for a premature baby - but wind and solar don't do that because you're basically hostage to the weather. That's the real economic reason why wind and solar are extremely idiotic ideas. They are not alternatives to hydrocarbons; they are alternatives to civilization.

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