TFTC: A Bitcoin Podcast
#440: Climate Change Is A Bad Excuse with Anas Alhajji
Aug 18, 2023
Energy market expert and researcher on climate change regulation and subsidies, Anas Alhajji, discusses topics such as India and UAE oil trade, COP 28 and climate change excuses, dishonest numbers, shale oil underperforming, the forceful nature of 'green' energy winning, near future energy market, impact of subsidies, immigration and climate arguments, dollar shortage, and Bitcoin as a solution to government misallocations.
01:12:55
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Quick takeaways
- Government subsidies in the energy sector often lead to misallocation of resources and hinder the free market.
- The changing narrative around climate change policies and the failure of governments and oil majors to meet their commitments highlight the need for a more practical approach.
Deep dives
Impact of government subsidies and interventions in the energy sector
The podcast episode discusses the negative impacts of government subsidies and interventions in the energy sector. It highlights how subsidies often lead to misallocation of resources and hinder the free market. The examples of failed solar and electric vehicle companies that were supported by subsidies are mentioned. The episode emphasizes the need for pragmatic approaches to climate change and a balance between energy policy and environmental policy. It also discusses the negative externalities and unintended consequences of forced actions by governments, such as the death of an ecosystem due to offshore wind turbines. The potential of Bitcoin in promoting a free market and hindering misallocation of capital is also mentioned.
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