Hydrocarbon Prices Are Doing the Job That Carbon Prices Should Do

In many ways, I would say hydrocarbon prices are doing the job that carbon prices should do. But unfortunately, we see in very little policy momentum on that front. And so what I'm hearing you saying is that it's not that the cost of these clean energy technologies have come down. It's that their substitutes, their competitors, the cost of hydrocarbons have come up. So on a relative basis, these technologies are looking more attractive. Exactly. Effectively through under investment, the prices of oil, gas, coal are going higher. That ends up accelerating the energy transition.