Turns out the annual rate of decline for the world’s 400 largest oilfields is nine percent annually.
The time to shift to full electrical grid for everything, including vehicles, is – well, it was five years ago, frankly. But now it’s now.
Is this annual reduction a measurement of production or is it a true measurement of supply?
Seconding zenrage. I’m all for shifting to more renewable sources (how many solar & wund farms can you build for the cost of a nuclear power plant, anyway?), but IIRC there were a bunch of shutdowns due to hurricanes this year.
There are a bunch of shutdowns due to hurricanes every year… 😉
Full electrical grid? Powered by what? The little white holes in the wall?
This idea just shifts the energy generation from oil-fueled car engines to oil-fueled power stations.
Again, someone is WRONG on the internet.
Or solar-fueled power stations. Or nuclear-fueled power stations. Or hydroelectric power stations. Or even just an oil-fueled station that can be made many times more efficient, by virtue of not having to be in a car.
Prisons seem like they’d be an ideal setup for power production. Consider the population, and consider how many treadmills you could have.
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