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semi_infinite

09/21/20 11:47 AM

#22867 RE: semi_infinite #22843

NYT - on the divergence in EU and US oil majors paths taken to address energy transition. Towards the bottom is a time scale estimate from economist. IMO transition time follows somewhere between an exponential and a power law curves and it will probably be faster than discussed in the article. Nothing to do with government mandates, everything to do with renewables and storage costs.

https://www.nytimes.com/2020/09/21/business/energy-environment/oil-climate-change-us-europe.html