It’s also a clue as to why there’s such serious political opposition to wind and solar and to some extent nuclear for electric generation.
Point of use generation is disruptive to many industries… not just petroleum but automotive, trucking, various services that serve both, etc. There’s a significant portion of the population employed by schlepping oil around and doing things with it to support those activities.
Very marginal changes in consumption have large impacts on profitability for oil industry stakeholders. Only an idiot would say “solar makes oils and gas go away”, which is why I didn’t say that. Conversely, subsidizing pickup trucks so insecure men feel powerful at 9 mpg doesn’t secure the future of fertilizer and pharma.
Point of use generation is disruptive to many industries… not just petroleum but automotive, trucking, various services that serve both, etc. There’s a significant portion of the population employed by schlepping oil around and doing things with it to support those activities.