Daniel Yergin

And certainly we'll hear it in Europe.

And I hear it at least not from everybody, but from

people in the United States as well.

So it's a different way of looking at wind and solar as a way to be more independent, more secure, more diversified.

It doesn't answer the question of how you power an airplane or the fact that only about 6% of the new cars being sold in the U.S.

today, even with this crisis, are EVs.

Well, I think that's part of it.

I think I'm just reflecting on that.

I think that's part of it.

It's part of what consumers want.

I think that the notion that there would be this big pickup in electric cars hasn't occurred here.

In Europe, I think it's about 20%.

Then you go to China, and of course, it's much higher because not only are the price point, but also government policies of all kinds.

You're not going to get a license for a new car in Beijing unless it's an electric car.

But here's some numbers that may not be clear.

I mean, we were looking at this when we were doing our copper study because electric cars use almost three times as much copper as a conventional car.

And it turns out that in 2025, about 23 million, 22, 23 million electric cars were sold worldwide compared to the entire U.S.

new car market of 16, 17 million cars.

new cars.

So you see that it's happening worldwide.