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Daniel Yergin

πŸ‘€ Speaker
1365 total appearances

Appearances Over Time

Podcast Appearances

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

Well, we did the study and said, okay, let's take the 2050 goals.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

And if you want to achieve them, copper supply has to double by about 2035.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

What's the chance of doing that?

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

It takes 20 years to open a new mine.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

In the United States, we just did a study.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

It takes 29 years to open a new mine.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

So...

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

You know, changing a $109 trillion world economy, it's going to change.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

And you said that development of solar is going to be really important.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

But things are not going to move in a straight line.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

I mean, we are in an energy transition, but it's going to be, you know...

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

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.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

Yeah, exactly.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

And then it came to an end.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

It came to an end because of the electric light.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

And so, I mean, things are not gonna stand still.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

So I think the most important thing is the technologies either that you can see coming

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

or they come from left field like fracking or grasping what AI is going to mean for how our economies work.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

But I think you made a very important point and that was the discovery in COVID.

Dwarkesh Podcast
Daniel Yergin – Oil Explains the Entire 20th Century

You don't have to travel.