3min chapter

Forward Guidance cover image

The Food & Energy Crisis Has Only Just Begun | Doomberg

Forward Guidance

CHAPTER

The Politics of Fossil Fuel Investment

Currently 85% of the total calories, you know, the total energy produced in the world comes from fossil fuels. It takes a lot of energy to create alternatives like solar and wind which have a payback period just like any other financial spreadsheet modeling. The closest thing to a perpetual motion machine we have is nuclear, because the energy return on energy invested there is incredible.

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