2026-11-03
2 小时 12 分钟Morgan, Danny, thank you very much for doing this.
We have searched far and wide for people who understand energy, energy markets, the energy business,
and you came highly recommended.
So I'm grateful that you're doing this.
Where would you say we are globally with energy right now?
Just give us the overview, if you would.
Yep.
To put kind of a big perspective on things,
because people have been kind of living in a delusional world, I believe, on energy over the past 20, 25 years.
The world gets 90% of its energy from hydrocarbons, oil, natural gas, and coal.
It's 90%.
Still?
Still.
China, Europe, the US.
The last 10% is nuclear and a little bit of solar and wind.
And everyone talks about electrification of the world and putting solar panels up on your roof and all of that.
That's going to be the energy transition as it's been marketed.
That is kind of a marketing pitch.
There has been additional solar, wind, energy generation capacity put in place over the last 25 years.
But that's been additional to that core undercoring.