We follow up on last week’s post that heralded The Rise of the Energy Pragmatism Era (here). No more inverting the hierarchy of needs with non-sensical net-zero-is-all-that-matters energy outlooks that would subjugate vast swaths of humanity to ongoing poverty. We have moved into an exciting and even fun new period for all things energy—new, old and everything in between. Oil & gas is converging with power. Technology and energy are converging in the sense that you can’t have the former without the latter. Billion-person scale economies in the developing world are doing whatever it takes to bring wealth to their citizens—all of which is synonymous with energy growth. And for those regions it will be a focus on reliability, affordability, and geopolitics that will motivate an increasingly diverse mix of energy sources and technology. This is not about looking backwards…it’s about the path forward.
This week’s video will start our discussion on new opportunities that could arise as energy pragmatism spreads, in particular to regions that had been most in “climate only” mode. What regions have been left behind that deserve a fresh look? How can we best meet the substantial energy needs of ALL 8 billion people on Earth? Real economics are returning, not unsustainable rich-country government handouts to the wealthiest amongst us. Welcome to The Energy Pragmatism Era!