Solar pv and batteries have already won the future as humanities main energy source.
Tar sand is going to be totaly abandoned as a fossil fuel even before coal.
Demand collapse for hydrocarbons has begun.
China has reduced oil consumption by 9% so far this year, CO² reductions are more, while there overall energy consumption has gone up.Many other countrys are following suit, and thats, that.
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Peak oil, peak profits, peak stupidity.
These are the last gasps of the petro dollar.
Demand collapse for hydrocarbons has begun.China has reduced oil consumption by 9% so far this year, CO² reductions are more, while there overall energy consumption has gone up.Many other countrys are following suit, and thats, that.