Anonymous
(ID: NQr6R+lz)
6/25/2025, 11:44:05 PM
No.508728467
6/25/2025, 11:44:05 PM
No.508728467
>>508714170
modern lithium batteries have basically ensured that the doomsday peak oil situation cant happen. Nearly half is used for road transport, only 10% is used as chemical feedstock. Gas car sales peaked worldwide in 2017 and china hit peak gasoline and diesel demand already despite car and motorcycle ownership going up. As prices rise more people will switch keeping oil cheap for hard to electrify sectors such as aerospace. Electrification reduces primary energy demand by 2/3 in most applications so even if we dont use renewables for electricity immediately theres still lots of room to improve.
modern lithium batteries have basically ensured that the doomsday peak oil situation cant happen. Nearly half is used for road transport, only 10% is used as chemical feedstock. Gas car sales peaked worldwide in 2017 and china hit peak gasoline and diesel demand already despite car and motorcycle ownership going up. As prices rise more people will switch keeping oil cheap for hard to electrify sectors such as aerospace. Electrification reduces primary energy demand by 2/3 in most applications so even if we dont use renewables for electricity immediately theres still lots of room to improve.