5min chapter

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What So Many People Get Wrong About The Energy Transition

Odd Lots

CHAPTER

The Jevons Paradox of Commodity Demand Rises

In history, has there been a good example of a commodity just going completely away? Even the really questionable stuff like mercury, still finds some sort of use. It's hard to find commodities that we use less of remind us of jevans paradoxes. And so as long as the mentality of scarcity existed in my sector, we, as an industry, kept growing an oil and gas supply. Part of it is just a mentality ship. The capital application mentality competely flips from sort of a i'll lean into it, and to fear. That's what's driving kind of what could be perpetual tightness.

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