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Europe hit its peak oil some time ago and the peak wasn't that high. Anyway, electricity is inherently more efficient and less problematic than the chemical alt
by mrtksn 1y ago
Europe hit its peak oil some time ago and the peak wasn't that high. Anyway, electricity is inherently more efficient and less problematic than the chemical alternatives. I guess you can bet on chemical energy if you have plenty of it. Its just that electricity is superior in every way.
Also fossil reserves have other uses too, I also don't expect oil production going to 0 anytime soon.
- nonethewiser 1y agoYeah that's why you have to use GLOBAL oil numbers. They increased imports of oil when the production went down.
- mrtksn 1y agoGlobal oil numbers went horribly wrong when Russia invaded Ukraine. Prices multiplied and EU was left paying for an invasive force because it was still not %100 renewable. Considering the damage done by the oil supplier war machine, fossils are just outrageously expensive. Biggest mistake ever was to rely on fossils.
- nonethewiser 1y agoI dont understand what you are saying with this comment. They were importing before the war now they are still importing. That just shows how durable the demand is for oil.
- mrtksn 1y agoIts not durable demand for oil, its a demand for energy and shows how bad idea is to rely on suppliers you don't control. Build enough renewable energy infrastructure and the demand for oil goes away.
- nonethewiser 1y agoYeah that's great. But solar/wind wont meet unbounded energy demands. It doesnt meet current energy demands.
- ben_w 1y ago> But solar/wind wont meet unbounded energy demands. Solar: 23,000 TW-years/year, every year until cosmological time passes and the sun's luminosity noticably changes Fossil: 900 coal + 240 petroleum + 215 natural gas = 1,355 TW-years total, and then it's gone forever https://www.iea-shc.org/data/sites/1/publications/2015-11-A-Fundamental-Look-at-Supply-Side-Energy-Reserves-for-the-Planet.pdf https://www.iea-shc.org/data/sites/1/publications/2015-11-A-... The only source that could ever beat a genuinely unbounded demand, is if we somehow figure out how to tap the dark energy which is causing the universe to expand. In the meantime however, photovoltaics would get us all of the way to a Kardashev type three civilisation; humanity is currently 0.73 on that scale, it's an exponential scale with a factor of 1e10 between each integer. > It doesnt meet current energy demands. Tomorrow is not today.
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