AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
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.