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Power Hungry: A Call for Cheap and Abundant Energy in the U.S. Economy

Chapter 30 of "Power Hungry," presented by Clinton Foster, emphasizes the urgent need for the United States to prioritize cheap and abundant energy as a key economic goal. Bryce highlights alarming statistics, revealing that about 39 million Americans live in poverty, with rising unemployment and a housing crisis exacerbating economic concerns. He argues that discussions around energy policy should be depoliticized and focused on productivity, asserting that more energy equates to more power for everyone. The chapter concludes with a call to overcome past corporate failures and ensure a sustainable energy future.

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Power Hungry: A Call for Cheap and Abundant Energy in the U.S. Economy

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  1. Power Hungry Chapter 30 Presented by Clinton Foster

  2. Chapter 30 is a Passionate Summary of the Book Bryce states that: • “The United States must - repeat, must - pursue cheap and abundant energy as a primary goal.” • The U.S. can better its economy by promoting cheap energy worldwide • ~13% of U.S. population (39 million people) in poverty • Unemployment was 10.2% Nov. 2009 and increasing • 10% of homeowners at least 1 month behind on mortgage • Circumstances cause Americans concern of economic status over “abstract issues such as climate change.”

  3. The news throughout the 2000’s decade • Depressing • Cheats, liars, bamboozlers. • Began with Enron and ended with Tiger Woods • Kozlowski of Tyco International- $6,000 shower curtain • The two “Bernie’s” of WorldCom and Ponzi • “We cannot, must not, be Enroned when it comes to energy and energy policy.” • Cheap Energy must be priority • Water crisis • Productivity

  4. N2N must be pursued for cheap energy • “We must depoliticize energy and move beyond the petty recriminations and small-minded approach to the world’s most important commodity.” “More energy means more power. And we are, all of us, power hungry.”

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