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Radog77's avatar

I think the analysis misses the fact that the green transition requires huge amounts of materials, new roads and bridges, machinery etc.. Currently everything that is mined, smelted, transported etc requires a lot of diesel and in general oil products. We need e.g. a large amount of copper, bauxite, cement, sand, plastics …to electrify the world. Those mines consume huge amounts of diesel and energy in general. We will have peak oil at 125 million bpd, not 105. Still 15-20 years to go.

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Michael W. Green's avatar

Not at all

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