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E94: NFT volume plummets, California's overreach, FBI meddling, climate change & national security
All-In with Chamath, Jason, Sacks & Friedberg
We're Not Going to Green Light Shale and That Gas
Over the next 10 years, we have to spend as a nation just on upgrading power lines, two trillion dollars. This is all like crazy, crazy op-ex, right? CapEx improvements for sunk cost investments. So if you actually believe this is a cataclysmic issue, you need to basically be okay with hydrocarbons because it is the only credible bridge fuel we have to keep the world working properly.
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