Azeem Azhar

In honesty, this was a pretty easy bet because this is baked in, right?

It's baked into the system.

We are at that point of climate acceleration.

My sixth prediction was about renewables.

And I said, look, solar is going to continue to keep breaking records, getting better and cheaper, and batteries will do the same, even in the light of the change in the political environment in the US and in certain parts of Europe.

And absolutely, this is a slam dunk.

Solar PV output has jumped 30%.

Incredible numbers coming out of China for the amount of solar that was put on last month.

I mean, that was driven by some changes in the market where feed-in tariffs were going to change at the end of June.

So there was a rush to get them out.

But we're starting to see that solar story play out in other parts of the world, you know, from places like Vietnam and Pakistan, because solar is a cheap and reliable way relative to where the grid is.

And that's being followed up by what's happening with batteries.

So solar will have another record year.

As to whether any of the solar manufacturers are making money given the price competition, that's another question.

And the final thing really was about what would happen with EV markets, electric vehicle markets.

And I just said they would step up a gear.

In the British press, particularly the right-wing press, there had been some noises saying, oh, people aren't buying these things anymore, mostly by innumerate journalists.

There has been incredibly rapid growth, of course, amongst with EVs in many, many different markets.

I think the record one is that Indonesia has gone from 20% to 80% of all vehicles sold being electric vehicles in a two-year period, which is the fastest period ever.

And we've had this hiccup with Tesla because Musk took his Washington detour.