Saudi Arabia is going to keep pumping out oil. People are nuts if they think that the world is not going to still need a ton of fossil fuels over the next couple decades. Renewables are growing at a terrific rate but so is the overall energy need. No way all that demand is met with renewables and few (to no) countries are going to reduce their energy usage.
How many activists turn off their computers and phones? Exactly.
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Well, until the world decides it no longer needs plastic, oil is going to matter a lot.
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Amazing how environmentalists really enjoy their bottles water that is most likely from a tap anyway.
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When do you think we will be completely off oil? I am guessing we will require 20-30 years since most sectors are slow to change. Personally I think renewable costs should be cheaper than gas costs in a decade or two.
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I wouldnt think it will be that quick because as @dagger212 pointed out, it is used for a lot more than just transportation. So until we address an alternative for plastic, it isnt likely to happen.
Plus even with cars, we will see gas powered cars sold for at least another decade. Considering the age of vehicles, that would still necessitate a need in the 20 year window you pointed out.
Of course things change quickly but humans tend not to. So I think there will be the long trend of adoption.
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Oh I agree. We will be using oil for quite some time. The transition to alternatives will not happen overnight. Though a person that is bullish on renewables I am also a realist.
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