
The Energy Collective Group
This group brings together the best thinkers on energy and climate. Join us for smart, insightful posts and conversations about where the energy industry is and where it is going.
Shared Link
Green Energy is the Modern “Broken Window”
I really enjoyed this article. It's common economic sense, touching on the distinction between wealth (or well-being) and GDP. Something that ought to be widely understood, but unfortunately isn't. I'd caution about jumping to the wrong conclusion, however. The author (Munger) isn't speaking against green energy. There's actually a pretty strong case for "burning down Paris". "Paris", in this case, meaning the energy economy we've built on fossil fuels and all the infrastructure that's grown up around it. Munger is just saying we need to be prudent about it and recognize the true scope of what we're trying to do. And above all, be really cautious about inflated claims of "job creation".
At least that's what I took from the article. As always, "YMMV".
Green Energy is the Modern “Broken Window”
"If my choices are to have wealth but no job, or to have a job but no wealth, I’d rather have the wealth. But we don’t have to choose: we can have both wealth and jobs, if we...
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.
Sign in to Participate