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Right. Oil is energy. A very energy dense, low volume, light weight, easily transportable form of energy. It’s truly a liquid with magical properties that does

by nojvek 7y ago

Right. Oil is energy. A very energy dense, low volume, light weight, easily transportable form of energy. It’s truly a liquid with magical properties that doesn’t have a green equivalent. Now the ask is to make people’s lives uncomfortable? I doubt that’s going to fly. My bet is whoever figures out a carbon capture -> green oil solution is in for big wins. Energy makes our lives great.

smt1 7y ago
People have figured out carbon capture; people haven't figured out economical carbon capture at scale yet (except for reforestation, which only partially helps), and it feels like we're a long way off. If you want to incentivize the creation of CCS while still penalizing the externality (cost to society of a carbon intensive economy), you'd probably want to ratchet up something like a carbon tax, and then give a rebate for performing something like carbon capture. That might create the economies of scale needed.
Merrill 7y ago
Petroleum and Sea Power -- https://aoghs.org/petroleum-in-war/petroleum-and-sea-power/ https://aoghs.org/petroleum-in-war/petroleum-and-sea-power/ Before airplanes, before tanks, the oil-fired battleship was a vast improvement over coal-fired battleships. Also "The Prize: The Epic Quest for Oil, Money & Power" by Daniel Yergin is essential for understanding the history of oil.
iikoolpp 7y ago
> My bet is whoever figures out a carbon capture -> green oil solution is in for big wins. Otherwise known as a tree
- nojvek 7y ago
  Trees are great. What I mean is engineering Trees that convert sunlight in a super efficient way and bear electroil fruits. Electroil is an imaginary liquid that is as energy dense as oil but can be converted to electricity at almost a 100% efficiency We know most of the oil is used to power engines. It’s not a very efficient chemical to kinetic energy conversion.
airbreather 7y ago
While it is energy, it is basically bottled sunshine.

by nojvek 7y ago

smt1 7y ago

People have figured out carbon capture; people haven't figured out economical carbon capture at scale yet (except for reforestation, which only partially helps), and it feels like we're a long way off. If you want to incentivize the creation of CCS while still penalizing the externality (cost to society of a carbon intensive economy), you'd probably want to ratchet up something like a carbon tax, and then give a rebate for performing something like carbon capture. That might create the economies of scale needed.

Merrill 7y ago

Petroleum and Sea Power -- https://aoghs.org/petroleum-in-war/petroleum-and-sea-power/ https://aoghs.org/petroleum-in-war/petroleum-and-sea-power/ Before airplanes, before tanks, the oil-fired battleship was a vast improvement over coal-fired battleships. Also "The Prize: The Epic Quest for Oil, Money & Power" by Daniel Yergin is essential for understanding the history of oil.

iikoolpp 7y ago

> My bet is whoever figures out a carbon capture -> green oil solution is in for big wins. Otherwise known as a tree

nojvek 7y ago
Trees are great. What I mean is engineering Trees that convert sunlight in a super efficient way and bear electroil fruits. Electroil is an imaginary liquid that is as energy dense as oil but can be converted to electricity at almost a 100% efficiency We know most of the oil is used to power engines. It’s not a very efficient chemical to kinetic energy conversion.

airbreather 7y ago

While it is energy, it is basically bottled sunshine.