Re:Why did renewables become so cheap so fast?
by stale2002 on Thursday December 03, 2020 @04:26AM
(#25287172)
> We'll still need oil
Sure, but not nearly in as large of quantities.
If the value of saudi arabian oil plummets to 1/4th its value, then they are still screwed, even though "oil is still used as raw materials" and it has non-zero value.
Owning something that is almost worthless isn't really much better than owning something that is literally worthless.
Sure, but not nearly in as large of quantities.
If the value of saudi arabian oil plummets to 1/4th its value, then they are still screwed, even though "oil is still used as raw materials" and it has non-zero value.
Owning something that is almost worthless isn't really much better than owning something that is literally worthless.