Chapter
The Massive Value of Fossil Fuels
19:36 - 27:00 (07:24)
The benefits of fossil fuels far outweigh their cost, as there is currently no near-term replacement for the cost-effective energy that they provide. From the global dissemination of knowledge to the development of life-saving vaccines, fossil fuels have played a crucial role in many of the advancements we currently enjoy.
Clips
Cost effective energy is the key to efficient machine labor.
19:36 - 21:50 (02:14)
Summary
Cost effective energy is the key to efficient machine labor. The more cost-effective the machine labor is, the more we can benefit from machines, and washing machines are an excellent example of cost-effective machinery.
ChapterThe Massive Value of Fossil Fuels
Episode#324 - Alex Epstein - Can Fossil Fuels Save The World?
PodcastModern Wisdom
The podcast discusses the positive and negative externalities of fossil fuels, highlighting the existence of the modern internet and the negative impacts such as acidification of oceans, melting of ice caps, and pollution.
21:50 - 23:18 (01:27)
Summary
The podcast discusses the positive and negative externalities of fossil fuels, highlighting the existence of the modern internet and the negative impacts such as acidification of oceans, melting of ice caps, and pollution.
ChapterThe Massive Value of Fossil Fuels
Episode#324 - Alex Epstein - Can Fossil Fuels Save The World?
PodcastModern Wisdom
Fossil fuels provide far greater value than their price, including access to critical resources such as the Internet and rapid vaccine development, and there is currently no viable replacement for this cost-effective energy source.
23:18 - 27:00 (03:41)
Summary
Fossil fuels provide far greater value than their price, including access to critical resources such as the Internet and rapid vaccine development, and there is currently no viable replacement for this cost-effective energy source.