And if they really believe this nonsense they wouldn't be meeting up multiple times a year at there eco shindigs in 1500 private jets and spending big chunks of their backhanders on beach front properties.
Joe flies something like 50 gas guzzler vehicles into things like cop 20 whatever to tell us all we have to cut our carbon, they are laughing in our faces.

grumpygit wrote: ↑Mon Sep 18, 2023 11:49 am And if they really believe this nonsense they wouldn't be meeting up multiple times a year at there eco shindigs in 1500 private jets and spending big chunks of their backhanders on beach front properties.
Joe flies something like 50 gas guzzler vehicles into things like cop 20 whatever to tell us all we have to cut our carbon, they are laughing in our faces.

I think you are confusing the guy from the interview, and all the "Joe", "theys" and the "private jets owners".

Personally i believe that each Cop serves only the purpose to decide when the next Cop will be, at best.
Its basically an assembly of tenants gathering without coordinated plans to fix everyone homes issues based on a unanimity decision failing to happen, so, no chance anything constructive happening soon from that side. Spin doctors and networks profiteers on an overpriced event ^^

Here's the guy appreciation of the useless Cop thingys


As for "there will always be oil" well ok, but if we passed the peak of production already, it is therefore on the declining side of a finite stock, so, if oil is so useful, how will the price be able to remain the same ?
Never heard of that for any other product.

Here in France, it's 2 euro per liter, the government doesn't want to reduce it's tax share of the price, but is now asking the supermarket fuel pumps to sell "at loss" , which is usually forbidden by law (you cannot sell cheaper than the price you paid for it).

Oh there will always be fuel / oil, just not at the same price at all. It will be needed elsewhere, for other priorities, such as production and production logistics.

That's my understanding of the situation.

As a personal view, i'm not attracted to electric vehicles, and i like my fuel engine, on a bike or on a car.
I despise that we depend on other countries for fuel though.
Not a big fan of this messy energy switch with various CO2 agendas to enforce more or less unrealistically depending of the state, avoiding to look at the side effects for the ones who pays the price, by money, labor, industrial disasters etc...
Not a specialist either.

Jerry Atrick wrote: ↑Mon Sep 18, 2023 11:20 am And oil will NEVER be gone

Virtually no natural resource will ever go down to zero availability.

What happens is that eventually, the resource becomes so scarce and thus expensive, that there is not much demand for it. The last two petrol cars on the planet can continue to run on the final million barrels available more or less for eternity if production price is irrelevant.

And obviously, there isn't such a thing as the final million barrels. With increased tech a bit more can be extracted and so on.

But that is all theoretical. In practical terms, oil is only relevant if it is a price-competitive energy source.

Due to its horrific climate effects, hopefully, more and more countries will raise taxes on it to hasten its exit due to not being competitive instead of waiting for it to outprice itself due to scarcity.

I didn't intend to argue in a naive Stop oil now! direction.

As Oil gets more expensive over time, more and more of it will be used for things where we have no practical alternatives yet, like lubrication, various liquid pressure systems, and whatnot.

Over time if it gets more and more expensive, that in itself will trigger more research to find alternatives.
Even if we continue to use oil for lubrication etc. for centuries, the environmental impact will be far less severe. So I guess such uses are not really a major concern for the environment and humanity on the same scale as burning it for heat or energy or using it to create disposable plastic.

newkidontheblock wrote: ↑Mon Sep 18, 2023 5:34 pm 40 % of estimated world oil reserves are locked in the artic… until now. Even China, claiming to be a near Artic country, has sent troops to claim their land (and oil).

Whenever oil reserves are estimated, it is with the assumption of harvesting for less than retail value. As prices have gone up, more and more extreme sources have become viable, like Fracking.

If the stable price would be $300 a barrel, a lot of currently unviable options would start to make sense.

For that reason, absolute numbers like that are certainly indicators of where it might be profitable to go next, but they say little about absolute remaining availability.

I don't much care for YouTube pundits. They say whatever earns clicks. YouTube is just another form of illiteracy. Like Google Assistant, lol. Capitalism hopes -- and would prefer it -- if your kids forgot how to read and write. Easier to focus on selling them stuff that way.

Judging by the prevailing aging male sympathy for "economic realism" on this forum -- that (inadvertently?) complacent type of attitude is enough to spell doom for civilization all by itself...

So, we will still be debating the economy of oil as humanity becomes extinct, and the very few who survive in their automated hydroponic domes behind the high concrete wall in Greenland won't have much room to maneuver for the next several thousand years of toasted Earth and dead oceans... things will stay dead a long time before new species evolve again.

It is amusing to read guys write things like,
"who wants to mess with that lifestyle for something you don't see happening if you're not studying it."

Yeah, that's right. People don't see what's happening. Which is another reason why we are already finished as a species. . . I wonder if someone who just lost their home to a brush fire or a flood in Greece or Canada this summer, and now in Libya, would agree with you -- that they didn't see it happening ?

We are on the way out. We will still be saying wind and solar "don't cut it" as we burn up. We are just stupid. End of story . . .

Those who cling to the illusion that the economy will fail if we stop using oil don't understand the revolutions of history.

Anything is possible, but old habits seem more likely to kill us all...

Here, I see a big dearth of imagination. It is the bane of Western civilization just as copycatting the consumer idiom to achieve status is gonna kill Asia.

And, for an example about the lack of imagination is the poster in France who needs and prefers his combustion engines: he has obviously never run about on fast electric motorbike. Why do people have to experience things before they accept that they are already real?

Oil is the demon we cannot slay. So, goodbye.