3 ms·
Exponentially increasing resources is at odds with observed persistent increase of extraction costs (in terms of energy) of oil.
by heisenbit 1y ago
Exponentially increasing resources is at odds with observed persistent increase of extraction costs (in terms of energy) of oil.
- alwa 1y agoI mean… and then there’s solar: https://ourworldindata.org/grapher/solar-pv-prices-vs-cumulative-capacity https://ourworldindata.org/grapher/solar-pv-prices-vs-cumula...
- adastra22 1y agoExtraction costs continue to drop in the net: https://en.wikipedia.org/wiki/Simon–Ehrlich_wager https://en.wikipedia.org/wiki/Simon–Ehrlich_wager