"The oil crisis triggered by the Iran war has changed the fossil fuel industry for ever, turning countries away from fossil fuels to secure energy supplies, the world’s leading energy economist said."
"The oil crisis triggered by the Iran war has changed the fossil fuel industry for ever, turning countries away from fossil fuels to secure energy supplies, the world’s leading energy economist said."
14 Comments
TacoButtPlug@sh.itjust.works · 13 pts · 135d
one can hope
evenglow@lemmy.world · 2 pts · 135d
One can hope China is still selling solar panels and batteries. Because they are.
Einskjaldi@lemmy.world · 2 pts · 135d
Once China reaches enough solar panels for itself the amount they export will skyrocket and it will provide solar for the whole world, because it's profitable at scale.
evenglow@lemmy.world · 7 pts · 135d
They've been exporting for years. Which is why USA made them expensive and made laws to prevent people from buying them.
China has been providing solar to the entire world for a long time. China produces more solar energy just inside China that exceeds the entire energy consumption of USA.
Take a moment on that one. Appreciate that scale.
BigTrout75@lemmy.world · 7 pts · 135d
So did Trump help alternative power?
hitmyspot@aussie.zone · 9 pts · 135d
Like everyrhing, hes incompetent. He tried helping big oil. He screwed them.
rosco385@lemmy.wtf · 3 pts · 135d
He's omni-incompetent.
chicken@lemmy.dbzer0.com · 2 pts · 135d
Silver lining I guess...
Agent641@lemmy.world · 2 pts · 135d
Can't embargo the sun, wind, waves, or geothermal energy
eleitl@lemmy.zip · 2 pts · 135d
But most of the infrastructure for harvesting renewable power comes from China, has a price and import can be embargoed.
ParlimentOfDoom@piefed.zip · 1 pts · 130d
Mr. Burns did it ...
ZkhqrD5o@lemmy.world · 2 pts · 135d
Hooray! Fuck fossil fuels. Oil is valuable, why set it on fire?
chocrates@piefed.world · 3 pts · 135d
Why don't we encase it in useless gold and use it as currency?
Einskjaldi@lemmy.world · 2 pts · 135d
Petrochemical industry should be the last thing using oil in decades because it actually needs the exact chemical feedstock. But with declining demand there sound be enough oil wells in existence to keep enough supply to match the declining demand decrease slowly over time.