So, basically anything that does not produce, market, or make production equipment for many other forms of energy.

Did you mean “Anything that DOES produce…”?

No, he’s saying that equipment etc. tied to other forms of energy generation will be obsolete, and so should be avoided.

Thanks for clearing this up.

It’s a strange boolean. Anything but x. Just avoid x, and you’ll be fine. OK! I’ll buy more shady derivatives – because it’s not x!

I thought perhaps he was thinking of the energy conversion equipment, and that we should invest in that, as he says:

FF-related stuff, of course. And electric utilities. Any industry that uses energy. Energy conversion