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Alan Kohler

đŸ‘€ Speaker
4318 total appearances
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And it's a water company.

And the total, because everyone in the world, every human being in the world needs water.

So the total addressable market of water is much more than that.

Yeah, of course.

And the thing is that water is not a very good business because, you know, it's very competitive and it's regulated.

So, you know, is this going to, I mean, so look, you'd be crazy to get carried away with total addressable market of 28.5 trillion US dollars.

Okay, next question.

I mean, but people are working on it, trying to come up with a battery-powered plane, aeroplane.

But, you know, it's hard.

It's a very long time, long way off.

And will be for a long time.

The energy transition is real, but it's a transition from coal to, as we've just been talking about, to renewable energy and gas in the electricity market and also from internal combustion engines to electric vehicles.

But that's about it at this stage.

I mean, there's much more to it than that.