monty wrote:
You all and the world have to face it, oil is the next coal in the fossil fuel domino chain to fall. But there will be some tough clingers on, and it is going to be awhile longer before world wide awareness is final. Take a look at coal, even now there are a couple still clinging on, thinking it was some left agenda that killed their jobs and industry. They voted for Trump because he said he would bring it back, but of course that was just another lie of many from him.
Market forces killed coal, and now they are going to kill oil too. Oil will of course be a much bigger deal than coal, and it won't go down quietly or easily, but go down it will. Albertan's would do well to be thinking like many mideast oil countries, and imagine what it will be like 25 years from now and position yourselves to be part of that future. You hit the lottery with your oil at this time of our history, now don't throw it all away because you don't see the change coming.
Borders, Barnes and Noble, Blockbuster, etc., etc., did not see their dominance being eroded by some small internet companies who just got bigger and bigger, until it was just too late to do anything about it. They died quick and stupid deaths at the end because of the lack of acknowledgement of the changing landscape. They had the resources and dominance to have joined that revolution, but they clung to the past like a sinking lifeboat full of holes too big to plug. Big coal(now that is really funny calling them big anymore) employ way less people than renewable energy, and are losing jobs everyday while the latter adds exponentially. Why we even bother fighting about an industry that is for all intense and purpose a zombie one is beyond me, but I guess it still hits an emotional cord with some political parties and so they tug on it now and again.
If you have oil still it is past time to be using all that cash to build alternate industries that will keep you afloat when no one needs or uses oil anymore. Maybe you work in the energy industry still and invest in the renewables, or you go the way of many countries and build a tourism industry. You need smart people that don't give two shits about oil to help you invest some of that windfall history has given you. Just spending it like a drunken sailor in the here and now, well it will be interesting to see what really happens to some of the richest when they become 3rd world in finances.
China is Amazon and any country that does not see that now and make adjustments, well get ready to fire up that VCR and get your movie from Blockbuster, the couple of stores still operating in rural Alaska...I remember when there was one on every corner, you literally could walk from just about anywhere to go get a movie. What a wasted opportunity, but no problem because Netfix filled that niche and now they are poised to put networks out of business, how is that for a David and Goliath story..
The problem with your long post is simple: vehicles. It's one thing to replace household power sources, a bigger thing to replace industrial power sources, but nothing exists to replace oil (gasoline, aviation fuel and diesel), for road behind and aircraft.