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re: Oil consumption will exceed 2019 levels in 2022.

Posted on 4/7/21 at 10:34 pm to
Posted by molsusports
Member since Jul 2004
36706 posts
Posted on 4/7/21 at 10:34 pm to
quote:

Unless we embrace nuclear


This seems to be happening. Sentiment has changed rapidly
Posted by DeCat ODahouse
Premium Member
Member since Jan 2017
1502 posts
Posted on 4/8/21 at 12:10 pm to
quote:

This seems to be happening. Sentiment has changed rapidly



Would be interesting to hear where nuclear is being explored as an option, not doubting, just would like follow up.

It seems like it would take alot to convince communities to go for Nuke unless there are a lot of Texas winter type incidents. Even then I'm wondering in that case if people wouldn't opt back in to trad resources even -gasp- coal. Global warming being less scary to the public mind than nuclear meltdown.

Not agreeing or disagreeing with that perception, just making the observation.
Posted by molsusports
Member since Jul 2004
36706 posts
Posted on 4/8/21 at 1:40 pm to
quote:

This seems to be happening. Sentiment has changed rapidly


Would be interesting to hear where nuclear is being explored as an option, not doubting, just would like follow up.


China is building a lot of new reactors. Japan is going to bring back online the reactors they shut down after 2011. Germany tried to get rid of their nuclear and replace it with solar and wind - that was a boondoggle since it ended up meaning more coal use and pollution at higher cost. Both political parties in the United States appear interested in nuclear because of the mixture of green, defense, and sustainability benefits.

Barring a nuclear accident that destroys public interest it seems poised to happen. By that I mean the more widespread use of nuclear as a staple of energy supply in developed countries.
This post was edited on 4/8/21 at 1:41 pm
Posted by ragincajun03
Member since Nov 2007
25107 posts
Posted on 4/8/21 at 2:38 pm to
quote:

Unless we embrace nuclear and start building right now, there is zero path out of growing oil consumption through 2050.


I definitely agree with you, but just pointing out that the big boys like Shell, Exxon, Chevron and Occidental all are transitioning to include carbon management (transportation, capture and sequestration of) as a bigger and bigger part of their portfolio, and they're doing so in anticipation of that segment of their business filling a reduced need of their oil & gas production.
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