3 ms·

Bitumen is getting more and more expensive, so I guess unless it’s crazy expensive it’s just a matter of time.. We’re using increasingly less gasoline to drive

by audunw 3y ago

Bitumen is getting more and more expensive, so I guess unless it’s crazy expensive it’s just a matter of time.. We’re using increasingly less gasoline to drive cars a given distance. For EVs it’s essentially zero. So we refine less oil for fuel, which means we’re also getting less bitumen. Not hard to see that using bitumen is completely unsustainable in the long term. I guess it depends on regulations/carbon credits related to CO2 emissions too

pstuart 3y ago
That price differential may be even less if subsidies for fossil fuels are removed. https://www.budget.senate.gov/chairman/newsroom/press/sen-whitehouse-on-fossil-fuel-subsidies-we-are-subsidizing-the-danger-#:~:text=It's%20not%20just%20the%20US,to%20the%20fossil%20fuel%20industry https://www.budget.senate.gov/chairman/newsroom/press/sen-wh....
- wffurr 3y ago
  As if there is any realistic chance of that.
  - pstuart 3y ago
    I get that the subsidies themselves aren't going anywhere, but in evaluating the cost effectiveness of this alternative it should be part of the math in comparing to the previous version.