Producing and using energy isn’t a simple process. For instance, magic doesn’t charge your phone whenever you plug it into an outlet. There are lots of actions that take place to generate the electricity needed to charge your phone. When thinking about how we make and use energy, policymakers must weigh the costs and benefits across three key criteria.

In 2023, Pew Research Center polled 10,329 Americans seeking insights into what society thinks about Rapid Energy Transition (RET) and replacing our carbon-based energy system with a renewables-based system. While Pew’s big takeaway was that “Majorities of Americans prioritize Renewable Energy, Back Steps to Address Climate Change,” the details indicate something a different.

History suggests that in 10-20 years we will see a massive call for funding to dispose and replace wind turbines and solar panels.

The only certainties of rapid energy transition (RET) are that trillions of dollars will be invested in R&D and will eventually lead to important discoveries that significantly impact the U.S. economy.

When it comes to Rapid Energy Transition, is spending other people’s money a moral hazard of separating actions and consequences or is it visionary leadership