#BESTOF2022: #Energy: How to deal with an exogenous shock. Richard A Epstein, @RichardAEpstein, @HooverInst, Tisch Professor of Law NYU Bedford Senior Fellow; Hoover Institution; senior lecturer, University of Chicago Law School
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 23 November 2023
⏱️ 7 minutes
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Summary
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https://www.eenews.net/articles/clock-ticking-as-bipartisan-energy-gang-huddles-again/
1910 HONOLULU CHINATOWN FIRE
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| 0:00.0 | You build, that's what you do. |
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| 0:22.1 | Building. |
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| 0:27.0 | building software for the peopleI in the world. I'm John Bachelor. Energy, the energy bill at the |
| 0:40.0 | gas pump, the energy bill in electricity, the energy bill for heating oil, the Biden |
| 0:45.8 | administration proposes a plan, lowering the cost of gas and energy and achieving energy |
| 0:51.8 | independence, blunting the impact of Putin's price hike, |
| 0:55.2 | lowering energy bills, building real energy independence. |
| 0:59.2 | Richard, these are all very good ideas. |
| 1:01.9 | However, what we have right now is gas pump shock and people are |
| 1:06.2 | receiving their electricity bills worldwide, but we're speaking to what is to be done at |
| 1:11.4 | home. |
| 1:12.6 | You have written extensively about energy and the what you'd have to say the paradox of the |
| 1:19.0 | Biden administration. |
| 1:20.5 | In using this word lowering or blunting or building are they answering that paradox |
| 1:26.8 | What's happened here is they simply do not know how to deal with the question of an exogenous shock. There's no question that Putin would be quite |
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