Interesting interview with energy expert Daniel Yergin. According to him energy industry doesn't move quickly, so oil and coal will likely still dominate in the future
Some major geopolitical trends that are driven by energy:
- with new oil sources there will be less import in Western hemisphere (less dependence on Middle East);
- china and US have common interest in stable oil, so as long as they see oil sources from a commercial perspective (instead of strategic) there will be no friction over energy between both countries;
- tension will increase in Middle East (especially due to Iran).
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