Unfortunately it hasn’t really stopped oil, it just increased demand for oil from the imperial core.
This has been one of the best policy outcomes for American oil companies in history, it effectively destroyed opec and opened further sanctions to Russia.
It’s not a coincidence that the US had near concurrent conflicts with Venezuela, Iran, and Russia.
This is not true. Renewables and electrification tech are up significantly around the world. Especially in the developing world and non-western countries. Before the war, renewables were already the cheapest form of power which has not been the case for previous oil shocks. This one is different
I was talking about the national scale not the consumer market. Consumers installing some panels is great, but it is by no means going to make a large dent in the fossil fuel market.
the cheapest form of power which has not been the case for previous oil shocks. This one is different
Yes renewables are cheap, largely thanks to China’s advances in the production of cheaper solar panels. However, the scale of infrastructure investments required to transition an entire energy grid away from fossil fuels is still time consuming and very expensive.
As with my previous comment, I am not talking about only consumer renewables. I am talking about all overall total renewables sales which are massively increased and mostly do not come from the consumer market
We will see if that talk gets transferred into any action. Unfortunately changes to energy infrastructure take a very long time, and from what it appears world leaders are hoping this to be a short term blip. Typically governments are hesitant to plan long term solutions for what they believe are short term problems.
My best guess for the best possible outcome is that nations who were already planning on building alternatives energy solutions maybe speed up their investments. What I actually think will happen is that US oil companies get even more access to influence not only the American government, but its partners who are desperate to meet their energy demands right now.
It already has turned into action in a lot of countries, especially in the developing world and non-western countries. Renewable sales are up significantly globally since before the war started
I was talking about the national scale, the vast majority of the increase in sales has been on the consumer side. Which is good, but it’s a tiny sliver of a very large pie.
I am talking about global renewable volume which is mostly not from induvidial consumers. In any case, residential solar has actually gotten to become a large segment in some countries and regions. For instance residential solar (not just solar overall) is over 25% of all grid capacity in Pakistan and over 20% of Puerto Rico’s energy capacity
I am talking about global renewable volume which is mostly not from induvidial consumers.
If you had some information about that I’d be glad to read it. From what I’ve read most of the growth has been from the residential/consumer market.
become a large segment in some countries and regions. For instance residential solar (not just solar overall) is over 25% of all grid capacity in Pakistan and over 20% of Puerto Rico’s energy capacity
Yes, there are going to be unique situations where solar is going to be a great and economically viable choice. Especially in regions with poor or inadequate grids that fail to reliably meet current demand. Those unique situations are not going to be the countries currently consuming the lion’s share of fossil fuels.
A lot of the times is going to be easier to start from the ground up, than it will be to redo an already functional system. Even in these scenarios solar isn’t likely to replace the systems reliance on fossil fuels, it’s just going to be able to expand their ability to provide additional power. If you look at Puerto Rico, they are still utilizing just as much fossil fuels as they were previously, they’ve just increased their overall capacity with solar.
Unfortunately it hasn’t really stopped oil, it just increased demand for oil from the imperial core.
This has been one of the best policy outcomes for American oil companies in history, it effectively destroyed opec and opened further sanctions to Russia.
It’s not a coincidence that the US had near concurrent conflicts with Venezuela, Iran, and Russia.
This is not true. Renewables and electrification tech are up significantly around the world. Especially in the developing world and non-western countries. Before the war, renewables were already the cheapest form of power which has not been the case for previous oil shocks. This one is different
I was talking about the national scale not the consumer market. Consumers installing some panels is great, but it is by no means going to make a large dent in the fossil fuel market.
Yes renewables are cheap, largely thanks to China’s advances in the production of cheaper solar panels. However, the scale of infrastructure investments required to transition an entire energy grid away from fossil fuels is still time consuming and very expensive.
As with my previous comment, I am not talking about only consumer renewables. I am talking about all overall total renewables sales which are massively increased and mostly do not come from the consumer market
True. At the same time, it seems to have made people talk more about renewable/alternate energy resources.
We will see if that talk gets transferred into any action. Unfortunately changes to energy infrastructure take a very long time, and from what it appears world leaders are hoping this to be a short term blip. Typically governments are hesitant to plan long term solutions for what they believe are short term problems.
My best guess for the best possible outcome is that nations who were already planning on building alternatives energy solutions maybe speed up their investments. What I actually think will happen is that US oil companies get even more access to influence not only the American government, but its partners who are desperate to meet their energy demands right now.
It already has turned into action in a lot of countries, especially in the developing world and non-western countries. Renewable sales are up significantly globally since before the war started
I was talking about the national scale, the vast majority of the increase in sales has been on the consumer side. Which is good, but it’s a tiny sliver of a very large pie.
I am talking about global renewable volume which is mostly not from induvidial consumers. In any case, residential solar has actually gotten to become a large segment in some countries and regions. For instance residential solar (not just solar overall) is over 25% of all grid capacity in Pakistan and over 20% of Puerto Rico’s energy capacity
If you had some information about that I’d be glad to read it. From what I’ve read most of the growth has been from the residential/consumer market.
Yes, there are going to be unique situations where solar is going to be a great and economically viable choice. Especially in regions with poor or inadequate grids that fail to reliably meet current demand. Those unique situations are not going to be the countries currently consuming the lion’s share of fossil fuels.
A lot of the times is going to be easier to start from the ground up, than it will be to redo an already functional system. Even in these scenarios solar isn’t likely to replace the systems reliance on fossil fuels, it’s just going to be able to expand their ability to provide additional power. If you look at Puerto Rico, they are still utilizing just as much fossil fuels as they were previously, they’ve just increased their overall capacity with solar.