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Because solar energy is free, while oil and gas are scarce and expensive. This will make your oil-fueled products economically uncompetitive against Chinese pr
by kragen 1y ago
Because solar energy is free, while oil and gas are scarce and expensive. This will make your oil-fueled products economically uncompetitive against Chinese products made with solar energy. Not this year, but two to five years from now.
- elzbardico 1y agoI was under the impression that we were discussing crude as feedstock for chemicals versus coal. I was not discussing what we would be using as the energy source. Oil-based petrochemical chains are shorter, cleaner, and more energy-efficient. Coal-based chains substitute chemical routes via synthetic gas and methanol, with higher cost and more energy usage. It makes sense for a country like China that is not rich in oil and has vast coal reserves, but not in the environmental sense, only in the strategical, geopolitical sense.