Debunking Economics - the podcast cover image

Debunking Economics - the podcast

There is no energy transition happening

Mar 23, 2025
35:08

Are we kidding ourselves when we talk about an energy transition? Sure, we are using more renewables than ever before, but the planet is also using more fossil fuels than ever before. Phil asks Steve whether part of the problem is that we pout faith in incumbent energy companies managing that transition. The way BP and others have switched focus back on fossil fuel exploration shows how ill-conceived that expectation was. But, irrespective of who drives the transition, is it too much to expect that we will leave energy untapped. If renewables provide a new source of energy, won’t we just use up more energy, because the more there is the greater the productivity, the better off we are.


Watch the video of the podcast here: https://www.youtube.com/watch?v=ArfsehlKMo8&t=2s


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