Daniel Yergin
π€ SpeakerAppearances Over Time
Podcast Appearances
Well, we did the study and said, okay, let's take the 2050 goals.
And if you want to achieve them, copper supply has to double by about 2035.
What's the chance of doing that?
It takes 20 years to open a new mine.
In the United States, we just did a study.
It takes 29 years to open a new mine.
So...
You know, changing a $109 trillion world economy, it's going to change.
And you said that development of solar is going to be really important.
But things are not going to move in a straight line.
I mean, we are in an energy transition, but it's going to be, you know...
Here we are, as you mentioned in Nantucket, which was a key part of the energy transition because it was a source of lighting in the 19th century from whaling.
Yeah, exactly.
And then it came to an end.
It came to an end because of the electric light.
And so, I mean, things are not gonna stand still.
So I think the most important thing is the technologies either that you can see coming
or they come from left field like fracking or grasping what AI is going to mean for how our economies work.
But I think you made a very important point and that was the discovery in COVID.
You don't have to travel.