/biz/ - Business & Finance

[Anonymous No.1571809]

Assuming the electric car and solar energy boom takes off, what will the future economy look like with the reduced need for oil?

[Anonymous No.1571813]

You don't know how cars work do you?

[Anonymous No.1571836]

It will look like thorium and fast neutron reactors of course.

[Anonymous No.1571876]

>solar energy

[Anonymous No.1571892]

>>1571809

Zero point energy ran by the NWO to put even electrical out of business.

[Anonymous No.1571919]

>>1571809
>reduced need for oil?

They won't let that happen.

[Anonymous No.1572007]

>>1571809
I have experience working in the oil production sector and know a lot about this as alternative forms of energy have been a concern of ours for the past few decades.

Electric cars are deeply flawed in their current incarnation. Batteries have to be replaced and cost upwards of $10k, which leads to people selling their cars rather than biting the bullet (Ever wonder why you don't see high mileage Priuses? That's why).

Solar energy is too inefficient and expensive compared to oil.

Even as electric cars become more mainstream, it will hardly make a dent in oil demand. Consumer cars only make up a minute percentage of the overall demand. Big commercial vehicles make up far more, and will likely never make the move to electric unless there is some sort of battery breakthrough that allows them to haul massive tonnage very long distances (exceedingly unlikely).

The oil industry is characterized by doom and gloom by insiders. For the last 20 years people in the know have been predicting the end of oil, yet it hasn't even come close to happening yet.

The alternative energy forms you listed are currently shit and in the long term totally inconsequential.

[Anonymous No.1572025]

>>1572007
>consumer vehicles only make up a minute percentage of the overall demand

Citation needed

[Anonymous No.1572050]

>>1572025
The "Transport" in your pie chart most likely also stands for the shipping of containers, so that includes ships/planes/trucks and so on. Therefore I do believe consumer cars are not a big percentage in the crude oil consumption.

[Anonymous No.1572796]

>>1571809

well, lets track what is needed to build batteries and work our way backwards

[Anonymous No.1572899]

We will still use plastic. Isn't that made from the leftovers after they refine gasoline? Plastic prices will increase?

[Anonymous No.1572921]

>>1572007
>yet it hasn't even come close to happening yet
Peak oil just means maximum production so of course the world is awash in the stuff now. It's hard for people to fathom a perpetual decline in production but it won't be pretty at all. Just look at the tar sands.

>The alternative energy forms you listed are currently shit and in the long term totally inconsequential.
Of course nothing even comes close to competing in the energy realm with fossil fuel. People are also apparently energy naive, many mistake batteries for an energy source when they are a sink. The drive towards "green" energy will be consequential as it will be another sink on an already depleting energy source. "Alternative" energy sources make up 2% at most now but in reality they need the oil based infrastructure to even to do that. 21st century will be carnage unless some new magical energy source appears but I would be the farm on carnage. The idea of 7 billion people on this planet without burning about 100 million barrels of oil a day is ludicrous.

[Anonymous No.1572935]

Switching to electric is what been making the price of lithium skyrocket the past 2 years. Check out Nemaska Lithium.

[Anonymous No.1572992]

>>1572025
Where does it say consumer vehicles retard? It's comparing transport to industry not consumer transport to industry transport.