Europe is entering the winter with insufficient molecules and no amount of central bank printing or interference in the market can create those molecules. Any strategy to get us out of this crisis that does not involve more energy produced domestically is doomed to fail. Price caps, stimulus, all of these things are only going to make the situation worse. And so the only answer is more production of energy.
The world’s energy crunch is a battle between platitudes and physics. Leaders may want to pay closer attention to the physics part. So for more insight on the world’s energy crunch we reached out to a cartoon chicken.
Wait, what?
Doomberg is an anonymous team of analysts covering energy and economic trends. Their newsletter is Substack’s #1 finance publication and the group is represented by a cartoon chicken.
Motley Fool Senior Analyst Nick Sciple caught up with Doomberg’s head writer for a chat about:
- The state of Europe’s energy crisis. - Nuclear’s place in a decarbonized future. - And what the Nord Stream pipeline attack means for the world.
Host: Nick Sciple Guest: Doomberg Producer: Ricky Mulvey Engineer: Rick Engdahl
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