Mark Hughes

And we're probably the route, the direction that investments are being channeled in is probably being to a large extent controlled by the petrochemical industry so that it's not being invested in as heavily and quickly enough as needs to be to get over that scaling problem.

But

I think if you've got – obviously in Formula 1, that's not a bar that F1 needs to clear.

You can easily make enough electricity completely greenly to provide the needs for Formula 1.

I think if you then – if you look forward into the future, I think you could conceivably get to a point where F1 is able to say –

Look, to the automotives, we think we're greener than you, not the other way around.

We think the problems associated with battery production and battery recycling compared to what we're doing, once the electricity grid is green,

green and your friend paddy points out there's a there's a little area of about 50 square miles in australia with no population in that if you made that solar it would create enough electricity to feed to supply the entire planet but that's we better tell the

Not to say that that's the solution, but just to illustrate that's how it would be done, how it could be done.

And so I think if you get to the point where you get the electricity grid completely green or green enough that you can scale, get over that scaling problem, and then the cost comes down as well, I think the more green solution to transport would be an internal combustion engine on synthetic fuel without having to worry about what to do with the batteries.

It doesn't need to be in Australia either.

It can be anywhere where there's plenty of sun.

Yeah.

And does it need to be 50-50 or does it need to be even, you know, 60-40?

Can it not just be 50-50?

What is required for hybrid and road cars, especially if you're running your road cars on clean fuel.

Yeah, yeah, yeah.

That's why I meant the backlash.

It's got to be very careful in this, not to be part of the backlash, because the backlash will swing back once...

Yeah.