Why The Transition To Clean Energy Is Happening A Lot Faster Than People Realize
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 24 January 2020
⏱️ 42 minutes
🧾️ Download transcript
Summary
At the recent World Economic Forum in Davos, there was a lot of talk about the need to change the world's energy usage in order to address climate change. While it's easy to get cynical about business leaders and politicians talking about sustainability on a mountaintop in Switzerland, it turns out that a lot is already happening right now. On the latest Odd Lots episode, we speak with journalist and analyst Gregor Macdonald, the editor of The Gregor Letter, about what's actually happening on the ground. And why the transition to renewable energy is happening fast, even in the absence of aggressive government subsidies.
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| 0:48.0 | Tracy, have you seen Tesla's chart lately? |
| 0:51.0 | I have actually I think because you tweeted it. It's it's a pretty |
| 0:57.8 | crazy chart. Do you know that at this moment that we're recording this just this right |
| 1:03.8 | right precise moment that if Tesla opens up today where it's trading in the pre-market |
| 1:09.0 | It could be a 100 billion dollar company for the first time |
| 1:12.4 | That's amazing considering you know just billion dollar company for the first time. |
| 1:13.0 | That's amazing considering, you know, just a few months ago people were talking about |
| 1:16.8 | Tesla actually going bankrupt and of course there are a lot of people out there who still think |
| 1:22.1 | that the company might go bankrupt. |
| 1:24.4 | Did you know that Tesla bonds are trading above par for the first time since they were issued? |
| 1:30.3 | I wasn't aware of that, but I'm not surprised that you were on top of the bond angle and following that and that I totally just that. |
| 1:37.0 | Stocks are, I like stocks, they're just simple, they go up and down, you know? |
| 1:42.0 | Well, together we provide a holistic cross-asset |
| 1:46.5 | overview of Tesla so exactly. So that's obviously big news in the world of electric vehicles. |
| 1:54.1 | There was other also another big thing in the world of sort of climate and energy and |
| 1:59.2 | renewables this week. Did you uh, did you happen to catch it? |
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