There is a lot more to agree with in your thoughts than there is to disagree with. But that said, while I do agree with the basic premise you have articulated, whether we want it to happen or whether we think they will be successful in the longer term up to and beyond 2050 is not the issue I raised. The point I was making was that this IS something that THEY are focusing on in the moment, here and now today. And to the extent that it may impact their capex budgeting allocations - it may impact timing for us. This was to mean or otherwise suggest that we have patiently waited for quite a while now for all this to play out favorably for ERHC investors and it might be reasonable to expect it'll be necessary to be patient and sit on our hands a bit longer.
I am obviously not such a fan of that sort of outcome, but ERHC is only one company and this same set of circumstances can also be expected to impact a lot more companies with a lot of exciting prospects than simply the ones with ERHC this board focuses on.
As far as I am concerned there is not really a good substitute for the energy density we currently find in oil. And I think this notion is very much aligned with your points and observations suggesting we will not reach a 100% electric driven world any time soon.
News 
Market Data 
Discover 
