Grantham Bites Hard on Energy Transition Apple

Jeremy Grantham is always a thoughtful and provocative writer, and his Q2 letter is no exception. This time he bites hard on the energy transition apple – a favorite topic of mine.

Grantham explains how higher energy prices loom, how they will transform agriculture and transportation, and how oil will increasingly flow only to its first/best uses, like food and aviation. Good (short) reading.