The Role of Energy in Value Creation
Key: Rob’s comments are in italics. Derek’s comments are normal font.
Our topic today is energy, which on the face of it may not seem to relate that obviously to sovereign finance, but we think it does. So where do we need to start?
Why We Need Energy
Let's start first off with why we actually need energy. We need energy first and foremost for staying alive in the form of food. We need energy for moving around and we need energy for moving things around and we need energy for manufacturing anything.
It's important to realise that until the Industrial Revolution, the sources of energy we had…
The skinny
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