For Shell, Oil Is Past Its Peak (user search)
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  For Shell, Oil Is Past Its Peak (search mode)
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Author Topic: For Shell, Oil Is Past Its Peak  (Read 1444 times)
GoTfan
GoTfan21
Junior Chimp
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Posts: 7,816
Australia


« on: March 10, 2021, 01:49:34 AM »

I'm not saying that technological progress won't find solutions on the mid term, but certainly there are no signs of a technological miracle the short term. As I replied Crabcake  earlier, hopefully we'll find something. The problem is that we are lacking sources to replace fossil fuels right now and there is no time to wait for miracles anymore. If we wait 25 years for technological remedies that might come or not, while we continue with the same patterns of consumption, all the tipping points will be reached and left miles behind by the time we find something new

As for batteries and energy storage. As I said earlier electricity supplies only a part of energy production (20% approx). In the current state of technologicsl progress, there are no alternatives to fossil fuels in civil and military transport (trucks, ships, planes) and heavy machinery, among others

It may not be popular to say these things, but we are not in a situation to paint a glossy picture of the future. On the other hand, the energetic crisis is totally absent in public discussion as of now. Given the magnitude of the problem, I find that's incredible


Change and innovation does not happen overnight.
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