Neuroscientists and psychologists tell us we have a very worrying collective tendency for blindness to the kind of risks that can crash economies and imperil civilisations. In this respect, the shocking history of the financial crisis and the dismal prolongation of it surprises them not a bit. In my latest book, The Energy of Nations, I argue that the energy incumbency – the traditional energy industries and their political and institutional support-base – is repeating the failings of the financial sector. It is guilty of an enculturated risk blindness that will lead to a global energy crash.
Since ...
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