‘The damage is done’: global oil crisis has changed fossil fuel industry for ever, IEA chief says
https://www.theguardian.com/environment/2026/apr/24/global-oil-crisis-changed-fossil-fuel-industry-for-ever-iea-chief-fatih-birol
59 points · 17 comments · view on lemmy.world
17 Comments
Pissed@lemmy.ml · 14 pts · 125d
Diplomjodler3@lemmy.world · 13 pts · 125d
The answer is money.
Pissed@lemmy.ml · 5 pts · 125d
usernameunnecessary@lemmy.zip · 12 pts · 125d
Good
PowerCrazy@lemmy.ml · 10 pts · 125d
So what is the downside of this? It seems like a net-positive. Decreased demand for fossil fuels is great! It's a shame it took a bunch of death and destruction, but now that it has happened, the silver-lining is quite shiny.
racoon@lemmy.ml · -3 pts · 125d
PowerCrazy@lemmy.ml · 16 pts · 125d
If only there were a way to generate near unlimited amounts of energy without fossil fuels.
eskimofry@lemmy.world · 12 pts · 125d
The entire concept of GDP is going to be the end of humans
Pissed@lemmy.ml · 3 pts · 124d
agent_nycto@lemmy.world · 9 pts · 125d
Pardon my ignorance but... So what? Like, what if somecountry isn't winning the economic dick waggling competition?
racoon@lemmy.ml · 0 pts · 124d
ParlimentOfDoom@piefed.zip · 1 pts · 120d
That number is not actually representative of how much food they produce, though.
racoon@lemmy.ml · 0 pts · 119d
ParlimentOfDoom@piefed.zip · 1 pts · 119d
Still not represented by GDP
racoon@lemmy.ml · 0 pts · 119d
corsicanguppy@lemmy.ca · 6 pts · 124d
What America may need to grok is that GDP is not the same as happiness, and in a choice between the two GDP seems to be irrelevant.
queermunist@lemmy.ml · 5 pts · 124d
This is why China is pursuing electrification. If transportation is battery powered, oil decouples from GDP.
They seem to be the only country on Earth that is actually taking this seriously. Everyone else seems to think oil is forever.
ParlimentOfDoom@piefed.zip · 1 pts · 120d
As with all rules of thumb, they don't tell the whole story. Using fossil fuel usage as the sole stand in for energy usage, in an age when fossil fuel usage is being replaced by a different source... Is dumb.
racoon@lemmy.ml · 0 pts · 119d
ParlimentOfDoom@piefed.zip · 0 pts · 119d
Hydraulics already work off electricity. We already have electric cargo ships. Electric planes and semi trucks already exist. The percentage of machines that absolutely require fossil fuels at this point is shrinking rapidly.
Using an outdated metric continues to be dumb, regardless of your own limited awareness of the alternatives.
hanrahan@slrpnk.net · 10 pts · 125d
notice he made an assessment on getting more pil for the North Sea as a useless idea, meanwhile down in dumb fuck Australia
https://reneweconomy.com.au/ill-sign-you-drill-state-puts-oil-and-gas-project-on-fast-track-one-day-after-calling-in-another-big-battery/
https://www.brisbanetimes.com.au/national/queensland/brisbane-diesel-refinery-receives-25-million-boost-from-lnp-20260422-p5zq0v.html
Athena5898@lemmy.ml · 5 pts · 124d
Oh hey it's the thing ive been saying. This guy is stealing my material! /joking
yogthos@lemmy.ml · 4 pts · 124d
Trump just casually solving the climate crisis here.
julesbl@mastodon.me.uk · 4 pts · 125d
@zdhzm2pgp great!