4 Mar 2020 2:38 am
It is made of fossils?Cannonpointer » 04 Mar 2020 2:32 am » wrote: Subsidies is a good reason - finite resource, not so much. For starters, it is faith based. You have no idea where oil comes from - you take the word of the oil companies, who have a vested interest in pretended scarcity.
In the second place, Every decade in the last hundred years, we used as much oil as we had used leading up to that decade, and every decade in the last hundred years, we ended the decade with more known, recoverable reserves than we started it with, notwithstanding historic levels of usage. Oil is only "finite" in the most abstract sense of the word. In concrete reality, peak oil is over the horizon, son. And the atmosphere needs more carbon in it.