“You can remember when they used to say, ‘We want to save the oil for our grandchildren.’ Well, now the grandchildren are in charge, and they’re thinking about this in monetary terms. They know what’s going on in terms of the energy transition.”

-Daniel Yergin, vice chairman of IHS Markit and a director of the Council on Foreign Relations, commenting on evolving attitudes regarding energy production in the Middle East.  Part of an excellent interview with Jon Alterman on global energy transitions. [CSIS]