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The global energy demand is rising constantly. https://www.iea.org/reports/world-energy-outlook-2020 https://www.iea.org/reports/world-energy-outlook-2020 Thi
by PicassoCTs 6y ago
The global energy demand is rising constantly.
https://www.iea.org/reports/world-energy-outlook-2020 https://www.iea.org/reports/world-energy-outlook-2020
This makes re-investment necessary. These rates are actually shrinking for fossils, meaning shareholders don't expect much return on investment from them. They are expensive to get, volatile to trade and as e-cars show, fast to replace when push comes to shove. So everyone is looking for the door- aka the big battery. The moment the light never goes out in some battery lab, it will be a full blown fire-sale.