I have a different take, renewable have arguably crossed the threshold for mass adoption so moving away from fossil fuels is inevitable. These seems like the death pangs of a dying tumour trying to claw its way to relevance. Look at Saudi Arabia’s desperate attempts to diversify away from petrodollars.
Renewables are now cheaper, better for your citizens & most importantly much safer for national security, compared to fossil fuels. It is a no brainer for all nations to switch away.
Atleast I hope I’m right.
seems like the death pangs of a dying tumour trying to claw its way to relevance.
Chef’s kiss 👌🏻
We all hope you’re right.
That is why China and the EU invest so much into green tech. China needs to import a lot of its fossil fuels via ships and the US still has the biggest navy and China would have some problem solving something like the Red Sea Crisis right now. For the EU Russia was a massive wake up call. The only big one who does not see this is the US, which has a lot of fossil fuels.
The only big one who does not see this is the US, which has a lot of fossil fuels.
It’s even worse, incentive-wise: The US has a lot of “good” oil, which needs less refinement. They sell that stuff, since it’s valuable.
They also pretty much have the best refineries for low-quality oil, which they can buy for cheap.
So, they industry, imports and exports rely on oil.
We are prisoners of the wealthy’s greed.
