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I would hypothesize that if you counted up the cumulative stored joules of existing and accessible petro-energy stocks and compare that to the equivalent with e
by AndrewKemendo 4y ago
I would hypothesize that if you counted up the cumulative stored joules of existing and accessible petro-energy stocks and compare that to the equivalent with electrical generaton, then evaluate what it would take to replicate the logistics networks that provide electricity *above and beyond* current electrical generator capacity, it wouldn't even be close to capable of being a 1:1 replacement without a century of no or negative margin investments that people have no incentive for.
It's like crypto - people got excited with Musk's sexy vision of the future and so it caused a mania around it. A private company cannot possibly fund this scale of infrastructure development because it requires decades of losing money.
The challenge is that it's in conflict with 100 years of oil-based infrastructure development that still has the same incentives.