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I actually read this thesis backwards. My only counter argument is the that replacing cheap and reliable energy with immature green energy sources is the oil shock of the 2020s?. Secondly, some of these political leaders are ideological. They believe in what they believe because it’s the right thing to do. Some of them tell us about environmental disasters. I worry that you might be wrong about inflation because our deciders see it useful to make energy more and more expensive.

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