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re: 200 nations agree to move off fossil fuels in historic pact
Posted on 12/13/23 at 11:25 am to Powerman
Posted on 12/13/23 at 11:25 am to Powerman
quote:
It's likely that we will naturally become less dependent oil because it will become the less economic means of transportation. That's essentially an inevitably at this point.
Until the “inevitable” other power source shows up in a way that shows itself to be anywhere near as economical to use or store, petroleum is going to remain the winner.
The whole “peak oil” push was based on the idea that the recoverable reserves out there were all that was ever going to be and that we were just going to dwindle in supply.
Turns out improvements in tech made it possible to recover oil previously thought impossible to tap or economically impractical to tap because R and D exists to look at potential issues down the road and how to handle them.
Posted on 12/13/23 at 11:32 am to teke184
quote:
Until the “inevitable” other power source shows up in a way that shows itself to be anywhere near as economical to use or store, petroleum is going to remain the winner.
It's likely to happen by the end of the decade. This isn't something that's far off in the distance.
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