So that's his kink.
Tobberone
joined 2 years ago
Blame game stage? Perhaps? My view is that there are few innocents, but the terminology and discourse is very strict in it's perspective.
Same as any other discrimination. There is always one part that has it worse, but it is never a one way street. Perhaps easiest to see with age, where each age group has their resentments against the others. Both are equally generalisations, though. Equally wrong.
How interesting. And it seems it has already begun:
According to forecasts by Commodity Insights, refinery utilization rates will drop from around 84% in 2024 to 81% in 2027 as refiners adjust to a weaker margin environment, accelerating closures through 2029-2030.
Close to 1 million b/d could be shuttered over 2029-2030, according to Commodity Insights forecasts, more than double the 473,000 b/d after the financial crisis (2007-2009) and well above the 656,000 b/d closed due to Covid-19 pressures (2019-2021).
Germany and France, meanwhile, are another million electric cars not favouring the oil companies. Just China and Europe and already that is 15% of world demand for gas cars.
Heavy transport and farming will take longer, but the push for electrification in transport is real.
Well, we better be, because if the demand for oil isn't high enough to keep the oil infrastructure up and running, the flip will be sudden, swift and without pardon. Norway is already at 90+% of new cars EV. How long will the gas stations be able to survive? On the day the last one dies, I want to be driving an electric car.
12mn new EVs? With 92mn cars sold world wide each year, that is a huge number for the oil companies to swallow. It will bring oil prices down, tanking production outside OPEC due to costs of production. That will be a hard economic blow against the oil producing nations.
While they are at it, they are clearing a geoplitical energy dependance on foreign nations. Brilliant move. EU tries to follow with fit for 55, but will it be enough? Being oil dependent, either as buyer or seller, will end up sitting with the short straw unless acted upon now.
No denying that there are positives, but geopolitically we can't have Berlin on it's knees just because Kremlin had a Chinese cargo ship drag it's anchor half way across the Baltic sea. That's a no go for an independent Europe.
Had it only been Sweden, as before the eu-directive changed the order of things, the grid would have been more sufficient.
There are no lack of issues in the Swedish grid, but they are compounded by the fact that right now it tries to solve the problem of insufficient grid infrastructure in Norway, Finland and lack of power production and electricity areas in Germany. Last year when the oil power plant had to be fired for 3 days, it was because of insufficiencoes in the polish network...
In fact, by the look of it, the Swedish grid is the only grid in the area that actually works as it says on the can.
Neither the greeks nor the romans were particularly shy about it and... Let's call it non-christian ideas about sex have cropped up at various places and various times in history. That's before the invention of plastics, so it got to be some good proof to be able to point a clear finger away from culture and towards plastics.