00:00The other thing, of course, which has occurred over the last nine years since Paris is an
00:06extraordinary set of technological changes. The reduction in the cost of solar PV, which is
00:13unbelievably dramatic and keeps on going on. The cost reduction in batteries and improvements in
00:19battery technology. The improvements, the reduction in the cost of EVs, which in China
00:26are now lower cost than internal combustion engines. Those technology trends are there
00:31and they will continue to give us greater opportunities to decarbonize the global
00:36economy, even if, sadly, we no longer have the US federal government as a positive force for action.
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