yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Cecily Meets an Energy Insider | Years of Living Dangerously


2m read
·Nov 11, 2024

Hi, how are you? Thank you for meeting me. I was right away very, very excited to be a part of this. We just shot an interview at Joe Allen's restaurant, which is an old Broadway landmark, with Cesal Strong from Saturday Night Live. She was talking to an amazing guy named David Crane, former head of NRG, one of the nation's largest energy companies, explaining what the forces are out there that are keeping renewables from being massively deployed.

If you want to make electricity with the smallest carbon footprint, you can. Solar is the way to go, but we're not doing it. The basic thing we were discussing is why has solar, even though it's grown fast, not grown even faster, so that we have solar on every roof in America that should have solar up. As someone in the industry, could solar actually solve this crisis? It could provide 50% of the electricity in the United States, which is huge—50%! 50% without putting a single molecule of CO2 into the atmosphere. That's insane!

I learned a lot from David Crane about the whole story of utility companies blocking solar energy efforts. I didn't know the extent and how far it went in the states where the utilities are very powerful. They basically get the regulators and the legislators in that state to go along with what they want to do. Do people know this, though? It makes my head explode.

There are solutions, and there are very specific things blocking those solutions. I really think it's just a matter of people not knowing. Oh wow, nationwide there's less than a million American homes that have solar on the roof right now, and people say there's roughly 55 million American homes that should. Why is that? What's stopping it?

The industry is structured as a series of statewide monopolies that support pay for the large power plants and the high-voltage transmission lines. When people start to put solar on their roofs, it upsets that entire system. This is really a setback. I don't think we could have gotten a more vivid picture from anyone than we did from a guy like David Crane, who was really one of the top insiders in the energy world. Climate change itself, global warming, it's hard to talk about without being confused. And so, it's nice to have a very accessible way to understand something that's pretty huge for all of us.

More Articles

View All
Selling Everything - The Next Crash Is Coming
What’s up, Graham? It’s guys here. So, you know the saying, “Buy Low, Sell High.” Well, apparently, while retail traders were celebrating the stock market’s best month since 2020, corporate insiders have been selling their stock at the fastest pace since …
Renovation Day 27: IT'S ALMOST DONE!!
What’s up you guys? It’s Graham here. So I actually had somebody filming for me, which is pretty much the first time in ever. It’s a little weird for me not to be like holding a camera. But anyway, public thank you so much for filming behind me. So I fig…
This Greek Cave is Teeming With History—and Bodies | National Geographic
Classical Greece didn’t just come out of nowhere. If you really want to understand where the Greece of Athens, the Greece of the Acropolis, came from, you need to look way back in the past. You need to look several thousand years back in the past at place…
15 Personal Finance Lessons Everyone Wishes They Knew Sooner
You know how they say it’s never too late? Well, that’s not entirely true, right? Sometimes it is too late, and you do not want to be that person who has that kind of realization. A survey by Bankrate found that 57% of people in the US feel behind on thei…
Intercepting an Ecstasy Shipment | To Catch A Smuggler
[music playing] - There’s a bunch of packages in here from the Netherlands. So we’re looking for narcotics. Anywhere in Europe are pretty good packages to check. So here we have Great Britain. This one looks good. This is a package from the UK. It’s can…
Revealing My ENTIRE $20 Million Dollar Portfolio | 31 Years Old
[Music] What’s up, Duncan? It’s Donuts here. So, almost a year ago, I made a video breaking down in extreme detail every single one of my investments: how I started, how I built them up, how much money they make, and the lessons I’ve learned along the wa…