Dan Pickering, United States, California discussed on Oil and Gas Startups Podcast

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Being energy now and focusing on environmental products like carbon credits which is fantastic. See i think the commodity trading houses of one of the best barometers of capitalism And is great. Movie the purest. Yeah the purest form of capitalism. Yeah exactly and so if you see those guys sign okay private companies as well so when you see private pure capitalist companies and say that is compliment right re focusing on clean energy and emotion the energy that you think oh energy transition point. Oh this is a real thing. yeah you know. I had dan pickering on the on the podcast and have had him in a clubhouse room before in his whole shtick which is honor percent. Correct is this isn't a government regulatory project forcing us to do this. This is a true tidal wave. This consumers it's companies. It's people saying we want less carbon on the planet. So it's a real thing and i i think so clever. I really you know for me. It was a choice between two things it was going and finding next age tack. Ready moves the needle in the energy transition. Oh if i couldn't do that. I always said i'll give my so few years and if i can't do that a gun requalify fine. Become a carbon credit trader energy trader. Right doesn't matter if potatoes tomatoes you widgets which whatever unicorn Owns noneya like. It's all writing trading. So i think the mechanism of carbon credits and environmental products guys so very huge in allowing this This more in the energy mix looks like nothing. California has actually done real solid one for the rest of the country in trialing. great expense. How this looks like and how this works. I think the elsia fest program is quite a powerful to change. I think put value in carbon employing to price around it especially in the us so less green europe. Because we've not quite go unites sites of your yet but wherever you've got a group of countries or states wants to have common value on compromised that can drive. Change me. no yeah you know. It's going to be interesting. We'd probably do uh a whole podcast around that multi reticence on the carbon credit market. And how that all works. 'cause i mean at the end of the day you basically just have to put a price on carbon and to reduce consumption. I mean i think we all get that. I just don't know how that functions within the framework of the united states china and india. Not having a clue what we're gonna do you know what i mean it. It seems like those three need to get into a room and just figure this out and then the cards kind kinda fall where they may In terms of of figuring all that out but like you said we do a whole podcast on that we probably will. I mean 'cause it's going to be a thing via an announcement is impossible because as inspe- play wayne developing countries or one could argue developed countries. Now saying the they have. The giants have their industrial revolution. Fifty years later than america So that will be very difficult if no impossible. It's come to global carbon price but.

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