Energy Security And The Green New Deal | Doomberg & Steve Keen

Blockworks Macro, Released on 2/23/23

How should the world decarbonize its economy and maximize human flourishing? Steve Keen, post-Keynesian economist and Green New Deal proponent, explores this question with Doomberg, energy advocate and green chicken, in a no holds barred discourse on the future of energy and climate.

00:00 Introduction
00:52 What Is Wrong With Current Energy Policy?
12:44 The Green New Deal
16:10 ESG (Environmental, Social, and Governance)
22:20 “Garbage” Analysis of Climate Change by Neoclassical Economics
29:10 Permissionless Plug
30:12 Nuclear, Solar, and Wind
42:30 Government Action vs. Private Sector
51:07 Doom on Europe’s Energy Situation
59:19 “I Would Be Nationalizing All Fossil Fuel Companies”
01:02:35 Research plug
01:03:33 Closing Thoughts

Steve Keen is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticizing neoclassical economics as inconsistent, unscientific and empirically unsupported. Keen was formerly an associate professor of economics at University of Western Sydney, until he applied for voluntary redundancy in 2013, due to the closure of the economics program at the university. In autumn 2014 he became a professor and Head of the School of Economics, History and Politics at Kingston University in London. He is also a fellow at the Centre for Policy Development. His latest book is The New Economics: A Manifesto.

Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity and finance to deliver innovative thinking and clarity to complex problems.

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Tom Osborne

Professor Keen is in favor of rationing, nationalization, and a centrally planned economy. This is a polite way of saying that he is in favor of communism. I think this would be a greater catastrophe than the myth of global warming. He is worried about the summer sea ice disappearing. It disappeared during the Medieval Warm Period and we seem to have avoided catastrophe.