These charts really tell the story rather
well. The convenience of oil and natural gas will maintain
market share even in the face of zero cost electrical power.
The advent of the EV shill shift a portion of that energy demand to
electrical which will drive major adjustments globally.
right now though, natural gas is ideal for heating
homes while all that transitions to more effciency and
geothermal. Geothermal is also a backup for necessary grid
power.. And so far it looks like the EV crowd is drawing off
peak power from that same grid which is excellent sense.
Making the Grid efficent is literally free power.
My point though is that oil is necessary because
electrical is not nearly as convenient and that applies to just
about everything else. I expect the EV time when the last
twenty percent of the global population exits poverty.
Today i can watch a punjabi farm boy crank up hist
tractor to do something stupid. I was that boy in 1955.
today two thirds of our global population can do all this for a can
of diesel fuel. No one is going back to using a
bullock..
We will likely keep using oil in particular forever
even if a super battery comes along just because it is easy and
convenient. We are slowly reducing coal here because we have
natural gas. Anywhere else not so lucky.
Again the highest and best use of nuclear just
happens to be as a heat engine and a static one at that.
Geothermal is also static and all this takes wasyteful power
conversion.
We can build static cooling tower like stacks to
produce grid powert, but no one has done this yet. Same is
true for fusion energy. The best skips the hest engine.
The take home tnough is that we will all be
electrified at least and Evs will move us about. everything
else can be solved in multiple ways. imagine giant airships
taking containers point to point folks. Two handling steps
and even at 60 mp...