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In reply to the discussion: Trump Is Losing a Second War. The Iran debacle is accelerating the shift away from fossil fuels [View all]Ol Janx Spirit
(1,061 posts)37. All those things are true, but the oil industry is still looking at a long time horizon...
..on the need for their products.
People in the plastic industry will tell you that oil is too valuable to burn as fuel. Using it as a feedstock for plastics is going to be their future--and one that may well be more profitable than the current model.
Batteries themselves have a number of drawbacks that engineering is overcoming, but we may well land on something different as many alternatives to current battery technology are rapidly being developed.
But we are still living in a world where we may well destroy the planet before we see the end of the oil industry.
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Trump Is Losing a Second War. The Iran debacle is accelerating the shift away from fossil fuels [View all]
applegrove
17 hrs ago
OP
When we stop using fossil fuels, all this goes away. All the oil powers are the ones doing ALL of this.
Scrivener7
16 hrs ago
#3
I love apartment living, but this is one area of drawback. We don't have enough roof space to power
Scrivener7
3 hrs ago
#48
Just wait until you see Exxon's profits for this quarter and you will know....
Ol Janx Spirit
15 hrs ago
#8
Yes, they do exist--which is great--but only in very limited capacity at the moment, and scaling...
Ol Janx Spirit
11 hrs ago
#28
All those things are true, but the oil industry is still looking at a long time horizon...
Ol Janx Spirit
9 hrs ago
#37
Which is one of the more urgent reasons to rapidly develop EV technology: anything...
Ol Janx Spirit
4 hrs ago
#47
The gasoline that was at $2.79 now selling north of $4.50 with NO CAPITAL COSTS to them.... ALL PROFIT
dave99
6 hrs ago
#45
Thanks for the OP. We really don't hear much about how TSFs war on renewables and EVs is making
wiggs
14 hrs ago
#17
Renewables are democratic (small-d). And the future, but petro corps and certain countries will
wiggs
14 hrs ago
#18
The War in Iran Is Causing China to Sell So Many Solar Panels That Your Jaw Will Drop
usonian
14 hrs ago
#19
I wish the blockade on fertilizers would result in a move to organic agriculture
MadameButterfly
9 hrs ago
#39