All-In with Chamath, Jason, Sacks & Friedberg

Doug Burgum, Secretary of the Interior | All-In DC

865 snips
May 6, 2025
Doug Burgum, the Secretary of the Interior and former governor of North Dakota, dives into America's energy landscape and its transformation towards independence. He discusses innovative ideas like the National Balance Sheet for reducing national debt and the critical need for balancing energy production with environmental stewardship. Burgum also emphasizes the importance of reassessing America's risk tolerance, especially in relation to energy security and technology, shedding light on the challenges and opportunities within the infrastructure of American energy.
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ANECDOTE

Burgum's Tech to Politics Journey

  • Doug Burgum's journey started from a small town in North Dakota to founding and selling a software company to Microsoft.
  • He became governor, boosting North Dakota's energy production and job growth, then joined the federal government for national energy security.
INSIGHT

Energy Enables Environment & Prosperity

  • Human flourishing and environmental care both require more energy, not less.
  • Producing energy in America is cleaner and safer than elsewhere, making it better for the planet and prosperity.
INSIGHT

Coal's Role in Grid Stability

  • China added nearly 95 gigawatts of coal power last year, surpassing entire states' electricity capacity.
  • Intermittent renewables cannot run a reliable grid alone; baseload power is crucial to avoid blackouts.
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