**Carbon bubble... CRACK!**
.@KingsmillBond: "Financial markets are much more attune to reality than corporations that try to cling on to what they do."
Host: "This is the guttering of the fossil fuel candle, is it? Last desperate hope of a dying industry."
Yes, that's right.https://twitter.com/CarbonBubble/status/1161924597589172224 …
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Kingsmill Bond: "There is a spectacular carbon bubble, which is being deflated by the oldest story of all in emerging markets, which is technology disruption. You simply have cheaper, faster, better technology that is coming and disrupting incumbents.https://twitter.com/CarbonBubble/status/1161915452114788353 …
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Wow, fascinating discussion on... "The future of fossil fuels. It hasn't got one." Crystalized for me how the old, incumbent, fossil fuel based economy is on it's way out. Solar and wind leap frogging.https://twitter.com/CarbonBubble/status/1161915452114788353 …
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"We're seeing an energy space race between the United States and China." ~ Kingsmill Bond of
@carbonbubble *Renewable* energy space race, that is. Solar and wind are cheaper, faster, better. They are the future. Full stop.Show this thread -
Super interesting (if also super obvious. lol.)
"Who will be the next world power... [who will] hold the energy sources?"
This "will be coming from the technology companies. They don't need to come from a particular country. It's where the brains and initiative are."Show this thread
End of conversation
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