Skip to content
Subscriber Only
Markets
Odd Lots

What So Many People Get Wrong About The Energy Transition

Why commodities aren't like consumer tech.

A bulk carrier at the Westshore Terminals coal depot in Tsawwassen, British Colombia, Canada.

A bulk carrier at the Westshore Terminals coal depot in Tsawwassen, British Colombia, Canada.

Photographer: James MacDonald/Bloomberg
Corrected

Listen to Odd Lots on Apple Podcasts
Listen to Odd Lots on Spotify

With energy prices booming, heatwaves ravaging Europe, and Russia going to war against Ukraine, there's an increased focus on the so-called energy transition. Interest in decarbonization is surging. But there's still a lot of ambiguity about what that might look like. As we've learned lately, with booming demand for coal, and many premature obituaries having been written for oil, energy sources don't just disappear easily like how Palm Pilots died after the introduction of the iPhone. In fact, the consumer tech/disruption framework is completely the wrong way to think about it. On this episode of the podcast, we speak with Bob Brackett -- a senior research analyst at Bernstein -- on what so many people get wrong about the energy transition. And what it will look like instead.