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As the world moves over to electricity instead of fossil fuels, the petrodollar/yuan isn't going to matter as much anymore.
by fragmede 2mo ago
As the world moves over to electricity instead of fossil fuels, the petrodollar/yuan isn't going to matter as much anymore.
- etempleton 2mo agoI once thought that this would be true, but wars are fought with oil burning machinery. And so countries with oil will always be able to play bully. A country with strong access to oil also has the most important resource in war. Batteries are simply less dense energy storage.
- fragmede 2mo agoWars are not always going to be fought with oil burning machinery. China, along with everyone else, is working real hard on that.
- etempleton 2mo agoI think you would be surprised, but yes, there will be a lot of battery tech on the field.