Chapter
Fossil Fuels and Net Zero: A Debate on Embracing or Abandoning Them
18:59 - 24:29 (05:29)
In this podcast episode, the hosts discuss the topic of embracing or abandoning fossil fuels as the world continues to strive towards net-zero emissions and the challenge of getting people who control companies to act in the interests of the company's owners.
Clips
The theory of corporation highlights the challenge of aligning ownership and control in companies, especially with public companies subject to government regulation and pressure.
18:59 - 21:01 (02:02)
Summary
The theory of corporation highlights the challenge of aligning ownership and control in companies, especially with public companies subject to government regulation and pressure. Corporation is an incredible concept, and the difficulty lies in ensuring that those who control the company act in the best interests of its owners.
ChapterFossil Fuels and Net Zero: A Debate on Embracing or Abandoning Them
Episode#495 - Alex Epstein - The World Needs More Fossil Fuels, Not Less
PodcastModern Wisdom
Passive investing, mainly in the form of index funds, has become popular but raises issues when it comes to corporate governance.
21:01 - 22:05 (01:03)
Summary
Passive investing, mainly in the form of index funds, has become popular but raises issues when it comes to corporate governance. Passive investors are at odds with the corporation, and this misalignment can impact the decisions made by company management.
ChapterFossil Fuels and Net Zero: A Debate on Embracing or Abandoning Them
Episode#495 - Alex Epstein - The World Needs More Fossil Fuels, Not Less
PodcastModern Wisdom
Alex Epstein argues that embracing more fossil fuels is the solution to the problem of net zero carbon emissions.
22:05 - 24:29 (02:23)
Summary
Alex Epstein argues that embracing more fossil fuels is the solution to the problem of net zero carbon emissions. While most people argue for a rapid or slow elimination of fossil fuels, Epstein consistently supports their usage.