A very long video but quite worth the time. In all our strategic and economic discussions, we tend to forget about energy. This is a huge mistake. Energy and in particular the demand for oil has very little elasticity which means that even a small disruption of demand could have a huge impact on the market and completely disrupt our live. This is a high level discussion with access to experts who usually are behind a paywall. So again, a good interview, nuanced and knowledgeable.
As for climate change, their answer is; "Don't bother arguing!" We're going to use every single drop of oil we can get our hands on, if not in Europe then in China and Indonesia! So whatever you're position, the dices are rolling. Here too, I completely agree.
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