10 ms·
There is very little electricity generation from oil anywhere. I doubt that oil had or has a huge impact on the electricity energy policy. What had an impact w
by lispm 6y ago
There is very little electricity generation from oil anywhere. I doubt that oil had or has a huge impact on the electricity energy policy.
What had an impact was 'cheap' fracking gas, which is used for electricity production in the US. It has a share of roughly 40%. Coal adds roughly another 20%. That makes around 60% gas + coal in the US for electricity production.
For Germany gas + coal has 40% share in electricity production (2020).
- yellowapple 6y ago> There is very little electricity generation from oil anywhere. The overwhelmingly vast majority of American transportation gets its power from oil. Anything that could disrupt that - like, say, nuclear power making electricity sufficiently ubiquitous and cheap to make electric vehicles practical - is a threat to the oil industry. Further: > What had an impact was 'cheap' fracking gas Which (as the name "fracking gas" would suggest) derives specifically from fracking as a means to extract oil from deposits otherwise inaccessible. That is: gas and oil come from more or less the same place, sold by more or less the same people with the same reasons to want to suppress alternative energy sources like nuclear (and solar, and wind, and geothermal).