Modern Wisdom

#495 - Alex Epstein - The World Needs More Fossil Fuels, Not Less

13 snips
Jul 4, 2022
In this conversation, Alex Epstein, an energy theorist and founder of the Center for Industrial Progress, argues for the essential role of fossil fuels in advancing human well-being. He critiques the rising prices of energy and the ESG movement, contending that policies aimed at reducing fossil fuel use harm the poorest communities. The discussion also explores the environmental narratives surrounding climate change, advocating for a balanced view of fossil fuels as vital for sustainable progress. Epstein's provocative insights challenge mainstream beliefs and encourage deeper dialogue on energy issues.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

High Energy Prices

  • High energy prices result from suppressed fossil fuel supply due to the global net-zero movement.
  • This movement discourages fossil fuel investment, production, and transportation, leading to shortages and price hikes.
INSIGHT

ESG Movement

  • The ESG movement promotes universal norms for environmental, social, and governance practices, hindering value creation.
  • Stakeholder capitalism's vague definition of 'stakeholders' allows popular opinions to dictate company practices, often harming profits.
ANECDOTE

Meeting with Palmer Luckey

  • Alex Epstein recounts meeting Chris Williamson at Palmer Luckey's event.
  • They rode Luckey's ex-Navy SEAL boat and visited an offshore oil platform, discussing energy and philosophy.
Get the Snipd Podcast app to discover more snips from this episode
Get the app