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TIP631: The Bullish Energy Cycle w/ Arvind Sanger
We Study Billionaires - The Investor’s Podcast Network
Sensible Energy Transition vs Dumb Energy Transition
A sensible energy transition involves considering all energy sources realistically, planning accordingly. In contrast, a dumb energy transition implies that stopping investments in fossil fuels will save the environment, but it only affects supply, leading to higher prices. The poorest bear the brunt of expensive energy. The key is recognizing the energy needs of billions with limited access, as the demand escalates due to data centers and crypto mining, representing luxurious energy usage.
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