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The moment renewables are cheaper than oil extraction they have won. The issue is just that oil extraction costs, while exant, are quite low for some types of o
by est31 7y ago
The moment renewables are cheaper than oil extraction they have won. The issue is just that oil extraction costs, while exant, are quite low for some types of oil. As a long term trend though I guess we'll see energy become cheaper and cheaper in a competitive race, driven by the wish for the market to adopt renewables. So hopefully we'll soon live in a world where energy is cheap and green :).
- ReptileMan 7y agoWell renewable plastic and generally speaking polymers are far off. A lot of oil will still be used. Hydrocarbons have way more uses.