Being a wealthy country has allowed us to develop what some call “luxury beliefs” – ideas and beliefs that make us feel good about ourselves but that horribly fail upon contact with objective reality.
In this article, Vitaliy shares how our wishful thinking about green energy has caused the prices of hydrocarbons to spike, and what that means for our long-term energy mix.
You can read this article online here: https://contrarianedge.com/why-green-energy-is-a-luxury-belief-but-wont-be-one-forever/
The post Why Green Energy is a Luxury Belief – But Won’t Be One Forever – Ep 152 appeared first on The Intellectual Investor.