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53. Robert Mullin - Upstream Downstream
Mutiny Investing Podcast
The Input Costs of Mining
I think we've slipped back into a little bit of complacency about that. The political imperatives have outrun the physical realities. Europe spent half a trillion dollars to build out their renewable infrastructure and built a very flawed and very vulnerable system. And then they went straight back to Lignite coal, just like the bottom of the barrel kind of dirtiest, nastiest stuff that you can imagine. It's so this tragedy of the commons problem.
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