Alan Kohler

And it's interesting, so $28.5 trillion, there's never been anyone, any company in history that's kind of come up with a total addressable market of that much or even anywhere close to that much.

But I just finished talking to Gerard Minack for the Intelligent Investor podcast, Talking Finance.

And he was just saying, yeah, I've got a new startup that's got a total addressable market of so much more than that.

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.

You know.

That's right.

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

Yeah.

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.

Yes.

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.

Exactly.

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.