Daniel Yergin

You don't understand why these things happened.

And you just look at the numbers, you know.

But why did it happen?

And so, you know, part of it is...

you know, through narrative explaining why it happened.

It's a question of scale and how long.

I mean, I think what I carried away, basic premise of energy security goes back to Churchill.

He said, safety lie in variety and variety alone, diversification.

So wind and solar give you diversification.

Electric vehicles diversify your fleet.

So I think those are all there.

I think...

So for China, I think wind and solar, electric cars is very much a strategic issue because they see the vulnerability of importing 75% of their oil, much of it coming through the South China Sea.

They know the story of what happened with World War II with Japan.

And so for them, the shift to electric cars is less about

air pollution, much more about energy security.

And it's also about knowing that they couldn't compete in the global market with gasoline powered cars, but they can with electric cars.

So those are the strategic things.

But wind and solar give you a more diversified system.

until you have batteries that can really deliver the storage, you have the intermittency problem.