Episode Details
| Title | Daniel Yergin – Oil Explains the Entire 20th Century |
|---|---|
| Date | 9/18/2024 |
| Podcast | Dwarkesh Podcast ↗ |
Key Insights
Bullish:
- 🟢 $COPPER - The energy transition, particularly the shift to electric vehicles, is expected to significantly increase copper demand. Studies suggest copper supply needs to double by 2035 to meet 2050 energy transition goals.
- “An electric car uses 2 and a half times more copper than a conventional car. Well, we did the study and said, okay. Let's take the 2050 goals. And if you wanna achieve them, copper supply has to double by about 2,035.” - Daniel (1:20:04)
- 🟢 $SHALE - 🔒
- 🟢 $EV - 🔒
- 🟢 $LNG - 🔒
- 🟢 $RENEWABLES - 🔒
- 🟢 $DATACENTERS - 🔒