TED Conversations

David Fuchs

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Is solving the world energy problems at $10 per Mwh a moral issue?

If you know you will destroy governments reliant on fossil fuels for funding, cause the failure of nations, destroy most pension systems due to their reliance on carbon investments, cause deflationary pressure on every nation worldwide, and cause people to lose their life savings.

Would you release the technology to do $10-$20 per Mwh energy?
Is it morally right with the damage it will do?

>>>> Reply to all. This issue is closed. The next issue is a question as to if this is actually a device that can do sub $20 per Mwh energy.

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    Nov 21 2012: The change would not be instantaneous. Governments and markets would have some time to adjust, and to the extent that they can't, the good done for the world at large would far outweigh the harm done to some. Your question reminds me of those who decried the fate of professional water carriers once indoor plumbing became common. Or those who have feared for forty years that automation would cause runaway unemployment. The world adjusts to the improvement.
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      Nov 21 2012: Lawren, my whole problem was I was thinking about this from the perspective of an instantaneous transition not a slow and gradual implementation. My conversation with Krisztián Pintér made me realize the error in my logic.

      "decried the fate of professional water carriers once indoor plumbing became common", is almost as bad as the "Buggy whips" and "candle maker" lines used about automobiles and light bulbs.

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