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Energy Transition Crisis - Episode 1: The Need for Energy Transition
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Chapters:
00:00 Episode 1: The Need for Energy Transition
02:57 After Two Decades of Government Subsidies for Wind & Solar
05:56 Understanding the Problem
08:20 The Importance of Cheap & Abundant Energy to our Standard of Living
The single greatest challenge humanity faces in the 21st century is breaking our addiction to fossil fuels and replacing them with clean energy alternatives
For several decades we’ve known that fossil fuels are a finite resource that can’t possibly last forever, and that burning them pollutes our atmosphere.
The risk of permanent and irreversible climate change has been widely discussed for over 20 years, yet to this day, we still rely on fossil fuels for more than 85% of our energy supply.
If we get this energy transition right, we can usher in a whole new era of human prosperity, and give future generations the gift of sustainable, affordable clean energy that will never run out.
Politicians want you to believe they already have a viable plan to achieve net zero carbon emissions by 2050, and that we’ve already made enough progress in this energy transition to begin phasing out fossil fuels.
They’re lying!
They talk up their policies of subsidizing wind and solar energy development to appeal to your emotions, hoping you’ll conclude that great strides of progress are already being made.
They never mention that every single wind turbine ever built combined with every single solar farm ever built supplies less than 2% of our energy needs. The politicians never admit that achieving their stated goals by 2050 with wind and solar alone would require building 50 times as much new wind and solar in the next 25 years as we were able to build in the last 25 years.
They never tell you that the Electric Vehicle revolution will require unprecedented increases in environmentally destructive mining operations needed to supply all the copper, lithium, nickel, cobalt, and manganese required to build all those electric vehicles.
They never acknowledge how much economic inflation will be caused by the policies they falsely claim will achieve this energy transition by 2050.
If the politicians have this under control, why has almost no real progress been made after two full decades of broken promises?
Our politicians are paying lip service to energy transition to get your votes and stay in power. But in reality, almost no actual progress has been made toward reducing our dependence on fossil fuels.
And that’s not even the worst of it. I predict that well-intended but badly ill-conceived climate policy will directly cause a global energy crisis in the mid-2020s that could easily have been avoided with sound energy policy.
I’m Erik Townsend. I was a software entrepreneur in the ‘90s, and later went on to manage a hedge fund. I’m fully retired now, but I remain passionately committed to helping solve the greatest problem humanity faces: the Global Energy Crisis that’s certain to occur as we struggle to transition from fossil fuels to cleaner, greener sources of energy to power the global economy, while simultaneously decarbonizing our atmosphere.
00:00 Episode 1: The Need for Energy Transition
02:57 After Two Decades of Government Subsidies for Wind & Solar
05:56 Understanding the Problem
08:20 The Importance of Cheap & Abundant Energy to our Standard of Living
The single greatest challenge humanity faces in the 21st century is breaking our addiction to fossil fuels and replacing them with clean energy alternatives
For several decades we’ve known that fossil fuels are a finite resource that can’t possibly last forever, and that burning them pollutes our atmosphere.
The risk of permanent and irreversible climate change has been widely discussed for over 20 years, yet to this day, we still rely on fossil fuels for more than 85% of our energy supply.
If we get this energy transition right, we can usher in a whole new era of human prosperity, and give future generations the gift of sustainable, affordable clean energy that will never run out.
Politicians want you to believe they already have a viable plan to achieve net zero carbon emissions by 2050, and that we’ve already made enough progress in this energy transition to begin phasing out fossil fuels.
They’re lying!
They talk up their policies of subsidizing wind and solar energy development to appeal to your emotions, hoping you’ll conclude that great strides of progress are already being made.
They never mention that every single wind turbine ever built combined with every single solar farm ever built supplies less than 2% of our energy needs. The politicians never admit that achieving their stated goals by 2050 with wind and solar alone would require building 50 times as much new wind and solar in the next 25 years as we were able to build in the last 25 years.
They never tell you that the Electric Vehicle revolution will require unprecedented increases in environmentally destructive mining operations needed to supply all the copper, lithium, nickel, cobalt, and manganese required to build all those electric vehicles.
They never acknowledge how much economic inflation will be caused by the policies they falsely claim will achieve this energy transition by 2050.
If the politicians have this under control, why has almost no real progress been made after two full decades of broken promises?
Our politicians are paying lip service to energy transition to get your votes and stay in power. But in reality, almost no actual progress has been made toward reducing our dependence on fossil fuels.
And that’s not even the worst of it. I predict that well-intended but badly ill-conceived climate policy will directly cause a global energy crisis in the mid-2020s that could easily have been avoided with sound energy policy.
I’m Erik Townsend. I was a software entrepreneur in the ‘90s, and later went on to manage a hedge fund. I’m fully retired now, but I remain passionately committed to helping solve the greatest problem humanity faces: the Global Energy Crisis that’s certain to occur as we struggle to transition from fossil fuels to cleaner, greener sources of energy to power the global economy, while simultaneously decarbonizing our atmosphere.
0:23:58
Energy Transition Crisis - Episode 1: The Need for Energy Transition
0:25:49
Energy Transition Crisis - Episode 2: A Master Plan to Achieve Clean Energy Transition
0:38:58
Energy Transition Crisis - Episode 4: Deep Geothermal Renewable Energy
0:35:42
Energy Transition Crisis - Episode 3: The Coming Global Energy Crisis
0:42:34
Energy Transition Crisis - Episode 6: Advanced Nuclear Energy Technology
0:28:37
Energy Transition Crisis - Episode 8: My 6-Point Plan for Energy Transition
0:37:25
Energy Transition Crisis - Episode 7: Small Modular Nuclear Reactors
0:39:59
Energy Transition: Nuclear SMRs vs Renewables
0:01:00
Energy Transition Crisis 1 Minute Trailer
0:46:17
Can India Pull Off The Biggest Energy Transition Ever? | Insight | Full Episode
0:17:04
ENERGY TRANSITION EPISODE 23 - Risk of conflicts with the energy crisis
0:03:08
The Future of Energy: An Overview
0:44:32
Energy Transition episode #77 - Is the climate crisis a fossil fuel crisis?
0:18:02
The Blind Spots of the Green Energy Transition | Olivia Lazard | TED
0:02:24
Future of Energy | Ep 1 | Roberto Bocca: Accelerating the Energy Transition
0:34:01
Brian Deese: Can America Still Lead the Global Energy Transition? | Foreign Affairs Interview
0:31:02
Europe's Energy Crisis: How Bad and How Long? | Ones and Tooze Ep. 54 | An FP Podcast
0:05:25
Did Europe overcome its energy price crisis thanks to renewables? | DW News
0:11:06
How India could pull off the world's most ambitious energy transition | Varun Sivaram
0:16:31
How China Plans to Win the Future of Energy
0:16:15
Energy crisis: Will a green transition throw the global economy into recession? | Business Beyond
0:15:16
The World Needs Supergrids, But There's a Problem
1:31:19
The Unsustainable Green Transition | Simon Michaux
0:08:09
Energy Transitions – Episode 3 of the CES Film Series
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