Production from what? Coal? Nuclear? Nope; can’t be built anymore. Solar? Wind? Don’t make me laugh. Gas and oil, only, can meet any such posited demand. How then can demand for oil collapse as you asserted?
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According to the EIA (The US Energy Information Agency)In July 2014 100% of new electricity capacity came from renewables. 379 megawatts (MW) of wind, 21 MW of solar, and 5 MW of hydropower.
http://www.renewableenergyworld.com/rea/news/article/2014/08/renewable-energy-accounts-for-100-percent-of-new-us-electrical-generating-capacity-in-july
I’m not too worried, anyway. No one’s going to be driving electric cars in vast numbers. The three-headed beast of winter cold, electric rates and the environmental costs of the batteries will see to that. The green fetish will lose it’s fashionable luster as the gods of the copybook headings assert themselves.
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What keeps oil prices up is vast demand from warm places like India and China. Half of the USA is fairly warm.
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gods of the copybook headings
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yeah I like kipling too his point is not applicable here. Especially since the Tesla is also setting off a major investment push by all the other big car companies around the world.
Hydro is ok as makes economic sense. The wind and solar are frauds on the taxpayer. They make no engineering or economic sense and can only exist through massive subsidies extracted from taxpayers by threat of force. The cost of these cannot be justified long-term. As more people come to understand that these are just schemes by the likes of Steyer to bilk billions their political viability will diminish.
What keeps oil prices up is vast demand from warm places like India and China.
Again,, you said the price of oil would collapse. As 2-3 billion Indians and Chinese demand more and more energy oil prices will only go up. Also, better check an atlas. There's a lot of China that gets pretty dang cold.
yeah I like kipling too his point is not applicable here.
Kipling's 'Gods' represent reality. His point is that reality always, ALWAYS wins. You can worship at the Gaian temple all you want but she ain't gonna give you any free energy.