4min chapter

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What are Smarter Markets? Episode 2 | Josh Crumb, CEO and Founder of Abaxx Technologies

SmarterMarkets™

CHAPTER

Commodity Markets Are Always Evolving

We think there's new tools that are needed now for very specific commodities. A no s so capital can be yuknow employed, you know, very quickly. We're looking at something like 50sx trillion in o needed in capital investment to tnet zero. Yet at the same time, capex is gong to need something like three % of global GDP invested right back into energy transition. So our net increase is probably around 3% or 4%, depending on your views about inflation and real growth. And we've seen the development of no w t i over, youknow, many decades now.

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