Oil as energy over in less than 50 years

[maryjane48]

OPEC, Russia and Big Oil thought they had half a century to prepare for the end of the internal combustion engine. At best they have a decade before the threat turns deadly serious.

The twin announcement by France and Britain — within two weeks of each other — to ban sales of petrol and diesel cars by 2040 is an earthquake in the energy world.

Others are moving in parallel. A non-binding resolution of the German Bundesrat has called for a prohibition by 2030. Norway already has such a target by 2025 and the catalytic effect is spectacular: sales of electric vehicles (EVs) reached 42 per cent of all cars in July.

China’s new plan stipulates that zero-emission vehicles must make up 8 per cent of total sales next year, rising to 10 per cent in 2019, and 12 per cent in 2020. This is an even bigger earthquake. Those German and Japanese manufacturers that do not yet produce EVs – or not enough – face being shut out of the world’s largest car market.


http://business.financialpost.com/commo ... 677f938b6a

[my5cents]

This information is nothing new at all.

Have a good friend who made a lot as a geotechnical engineer in Alberta. The thought is they need to sell all the oil they can before it is obsolete.

They must sell all they can.

[maryjane48]

well military use wont stop for long time but domestic use is dead man walking

[my5cents]

well military use wont stop for long time but domestic use is dead man walking

Technology will change even that, look at the changes since WWII. When was the last time a battleship was commissioned ?

Jet fighters will be replaced by drones.

And on we go

[maryjane48]

true enough and i did read where americans have a working electric powered jet so yea i hope your right

[JagXKR]

Got to stop reading the National Enquirer for science news.

[Jlabute]

The electric jet is basically an electric turbofan with no fuel combustion. Still does the air intake & compression and forces it out the rear. Of course the issue is always battery capacity, so, unless your single seated plane trip is less than 20 minutes, you're out of luck.

[Smurf]

I guess a loooonnnnnggggg extension cord would be a hazard on the ground.

[maryjane48]

The electric jet is basically an electric turbofan with no fuel combustion. Still does the air intake & compression and forces it out the rear. Of course the issue is always battery capacity, so, unless your single seated plane trip is less than 20 minutes, you're out of luck.

how far did the very first cars go ?

[christopher]

OPEC, Russia and Big Oil thought they had half a century to prepare for the end of the internal combustion engine. At best they have a decade before the threat turns deadly serious.

The twin announcement by France and Britain — within two weeks of each other — to ban sales of petrol and diesel cars by 2040 is an earthquake in the energy world.

Others are moving in parallel. A non-binding resolution of the German Bundesrat has called for a prohibition by 2030. Norway already has such a target by 2025 and the catalytic effect is spectacular: sales of electric vehicles (EVs) reached 42 per cent of all cars in July.

China’s new plan stipulates that zero-emission vehicles must make up 8 per cent of total sales next year, rising to 10 per cent in 2019, and 12 per cent in 2020. This is an even bigger earthquake. Those German and Japanese manufacturers that do not yet produce EVs – or not enough – face being shut out of the world’s largest car market.


This must be why the Government is in a hurry to get carbon tax going

http://business.financialpost.com/commo ... 677f938b6a

[Dizzy1]

Hmmm, just think of all those countries that committed themselves to the Kyoto and Paris Accords

Still, lots and lots and lots of other purposes we need oil for

[maryjane48]

hemp oil yes . carbon oil no

[Ranger66]

“electric powered jet”

I wonder what an electric jet is made of and where the power comes from?