Global Governance Futures: Imperfect Utopias or Bust

30: Nate Hagens - Energy Blindness and Our Collective Future

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Oct 10, 2022
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ANECDOTE

Nate's Journey to Energy Awareness

  • Nate Hagens's journey began on Wall Street, driven by financial aspirations.
  • His work with a client trading oil futures sparked an interest in energy's role in civilization.
INSIGHT

Energy Blindness

  • Society often overlooks the crucial role of energy in economic wealth and productivity.
  • We mistakenly attribute our progress solely to human ingenuity and technology.
INSIGHT

The True Cost of Oil

  • A barrel of oil, costing around $100, provides the equivalent of five years of human labor.
  • Our economic system ignores this massive energy subsidy, focusing only on extraction costs.
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