Oil headed for 70 bucks s barrel. Here we go.
Wonder how long till the pump price reflects it. https://www.bnnbloomberg.ca/oil-soars-as-u-s-killing-of-iran-general-stirs-fear-of-conflict-1.1368724
Forum Discussion
LOL ok, lets talk about renewables.
If you can read the chart I posted you will be able to see that renewables were pretty much stagnant from 1980 till today......and they worn't much less before 1980.
Fossil fuel have been right around 90% from 1950 to now.
The problem with renewables is many. Cost, environmental damage and many more. And yes, there is environmental damage.
I live next to the biggest geothermal electric producer in the world. I have several friends and family that works there. Dealing with the heavy metals and poisons that come out of the ground is daunting. Many, many wells have been abandon and capped off because the steam that comes out of the ground is so corrosive it just eats the equipment up.
Solar is good except for the land it displaces. Land is expensive and so are solar panels.
Hydro electric dams cause many environmental problems and many people want to take built dams down. There will be very few if any dams built in 100 from now. The environmental damage caused by China's new mega dam.
Wind power has all kinds of cost problems and environmental problems.
The bottom line is fossil fuel has supplied around 90% of electric power for decades and will continue to do the same for many decades to come.
If you can read the chart I posted you will be able to see that renewables were pretty much stagnant from 1980 till today......and they worn't much less before 1980.
Fossil fuel have been right around 90% from 1950 to now.
The problem with renewables is many. Cost, environmental damage and many more. And yes, there is environmental damage.
I live next to the biggest geothermal electric producer in the world. I have several friends and family that works there. Dealing with the heavy metals and poisons that come out of the ground is daunting. Many, many wells have been abandon and capped off because the steam that comes out of the ground is so corrosive it just eats the equipment up.
Solar is good except for the land it displaces. Land is expensive and so are solar panels.
Hydro electric dams cause many environmental problems and many people want to take built dams down. There will be very few if any dams built in 100 from now. The environmental damage caused by China's new mega dam.
Wind power has all kinds of cost problems and environmental problems.
The bottom line is fossil fuel has supplied around 90% of electric power for decades and will continue to do the same for many decades to come.
