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Winter is Coming Episode 2 | Daniel Yergin, Vice Chairman, S&P Global
SmarterMarkets™
Solar Wind Prices Have Come Down So Much
There seems to be a consensus that we can pull off the energy transition, and it'll cost somewhere around two % of g d p over the next, you know, 20, 30 years. I think one needs a little more modesty about the assuredness wherone can speak about how an energy transition will unfold. What's being talked about now is not like any energy transition we'd have had. Oil overtook coal as the world's number one resource in the 19 sixties. Today the world uses three times as much coal.
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