Fossil Fuels: The Big Picture

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PragerU

Non-profit, Self-improvement, Education, Business, History

4.7 • 6.8K Ratings

🗓️ 17 April 2023

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

Should the world stop using fossil fuels—oil, coal, and natural gas? Or should we embrace them as an essential part of modern life? Alex Epstein explores these questions.

Transcript

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0:00.0	The world needs more fossil fuels, more oil, coal, and natural gas, not less.
0:09.0	Does that sound crazy?
0:10.0	It's actually not.
0:11.6	Not if you employ one common sense principle.
0:14.1	It's the same principle you use when you decide whether to take a prescription drug.
0:19.5	Carefully weigh the benefits and the negative side effects.
0:22.6	If the benefits of using fossil fuels outweigh the negative side effects, then we should keep
0:26.8	using fossil fuels.
0:28.6	If the negative side effects outweigh the benefits, then we should stop using fossil fuels as
0:33.0	soon as possible.
0:34.6	Which is it?
0:35.6	It turns out that the benefits of fossil fuels far outweigh the negative side effects.
0:41.2	The reason that most so-called experts, including many climate scientists, are against fossil
0:46.5	fuels, is that they violate this principle.
0:49.5	They ignore the benefits of fossil fuels while overstating their negative side effects.
0:55.3	To know the truth about the benefits and side effects of fossil fuels, you need to understand
1:00.2	eight essential facts.
1:02.6	Fact one, cost-effective energy is essential to human flourishing.
1:07.9	This is almost never discussed, but no one can dispute it.
1:11.4	Low cost, reliable, versatile energy, makes modern life possible.
1:16.3	There's a simple reason for this.
1:18.3	Energy powers the machines that allow us to be productive and prosperous, from the combined
	...

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