The Future of Energy: Fossil Fuels, Electric Vehicles, and Alternative
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 4 December 2015
⏱️ 16 minutes
🧾️ Download transcript
Summary
With the Paris climate talks in full swing, here’s a look at what lies ahead for this rapidly-changing sector.
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Transcript
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| 0:00.0 | Polyvous Francie, Fool's, sest the industry focus. |
| 0:07.0 | Hey, Fool's, Tla |
| 0:11.0 | Tla Foults, Taylor Markerman here with Tyler Crow. We're talking about the Paris Climate Change |
| 0:16.8 | conference and some impacts that it might have on the overall energy sector and also |
| 0:22.4 | you know what companies in general are doing to |
| 0:25.1 | address climate change and the use of fossil fuels. |
| 0:28.8 | Tyler you've been following the the conference a little bit what are your thoughts so far as it's only a couple days old |
| 0:36.2 | well um you know one of the things that I think maybe people don't necessarily understand about the Paris Climate Talk is that a lot of the |
| 0:46.0 | foundation for what has been going on with it has been going on for years. |
| 0:50.7 | If we remember a couple of years ago China China and U.S. had like a joint climate |
| 0:55.6 | talk and they both made pledges on reducing carbon emissions and that's basically |
| 1:01.3 | the framework for what this entire thing is. |
| 1:04.5 | It's basically a lot of countries that have made these voluntary pledges to reduce carbon emissions |
| 1:10.0 | and they've brought them to this conference. |
| 1:11.8 | Now the conference is more or less |
| 1:14.2 | along the line that how do we enforce this and for countries that are emerging |
| 1:20.9 | market countries maybe country that are |
| 1:22.8 | struggling a little bit more to finance kind of the shift |
| 1:26.2 | you know how can we |
| 1:28.0 | help them you know afford it met and those have been kind of a |
| 1:31.3 | sticking point and what's been the important stuff here |
| 1:33.7 | rather than the how we gonna cut carbon emissions because a lot of that framework is already |
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