Charlie's not a fan of Al Gore.
Excerpts:
"If you asked what I would do if I were the benevolent despot of the United States. I would have the biggest infrastructure program you ever saw to go to power from renewable sources."
"The idea of rapidly going to the sun basically and creating a vast infrastructure that will do it is a thoroughly sound idea. And we now know how to do everything that we need to know how to do. And I think the country would get behind it."
Munger thinks the country should concentrate its intellectual and financial capital on a vast program to develop an alternative energy infrastructure.
"...we had a chance to turn our lemon into lemonade and we still have it. If I were running the world I'd be playing that card hard."
"I think it would be a net plus if we were plainly doing the right thing if we borrowed the money and created the infrastructure. I think when we just borrow the money and shovel it at people it's dangerous but I think it is less dangerous when there is something really meritorious you're doing with the money."
"I think all of this stuff is coming, I just wish it had come faster with more rationality.
I think we have been distracted a lot by people who bleeded about their own things. I'm not sure somebody as technologically ignorant as Al Gore is entitled to speak on the subject. I think you should have punched your ticket in a few better places before you open your mouth."
Interestingly, Munger wants us as a country to invest big in something that happens to be environmentally friendly yet he comes at it from a completely different point of view. An emphasis less on the environmental benefits but instead the social and economic benefits.
Adam
Munger: Changing the Power Source
![Munger: Changing the Power Source]()
Reviewed by Pisstol Aer
Published :
Rating : 4.5
Published :
Rating : 4.5