Pal: Digitized electricity will drive energy costs to near zero
Raoul Pal · Investor Psychology & Trading on the Future With Raoul Pal · Aug 18, 2022 · at 41:02
Macro investor Raoul Pal explains the technological convergence driving renewable energy and digitization.
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“Electricity is about to be digitized. That is what this whole revolution is about. The whole ESG revolution is going from using these physical fossil fuels to using atoms or energy that exists and basically digitizing it. So once you do that, the cost of anything that gets digitized goes to zero.”
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