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Comment by AtlasBarfed | Hacker News Reader

Banks are what will kill oil. There's going to be a reverse economies of scale as the market shrinks. But in particular, what billion dollar multiyear oil project would get private financing with the uncertainty fossil fuels face with EVs, Solar, Wind, and grid storage? There might still be government pork that keeps some development alive, but the bankers will probably kill oil.

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In what universe is the demand for oil declining? China is coming online, the rest of the world is developing. We are going to go from 20,000 passenger planes to 200,000 planes, each of which is going to be burning tens of thousands of gallons per flight, and from 130 million trucks to 400 million trucks. Cars, equipment, are all increasing. Shipping is increasing. Global oil production is steadily increasing as well.

In the universe where we can still expect to life a good life in thirty to forty years.

Science says catastrophic warming will happen even if we stop all CO2 release today.

Might as well enjoy the time we have left.

Science says warming gets more and more catastrophic the more CO2 we release. It's very much not a binary choice how the climate future will look like.

It’s the difference between 70% of humanity dead and 80%. It’s splitting hairs at this point.

If the numbers you cite were true that something like 800 million people difference. Hardly "splitting hairs" imho.

Deck chairs on the Titanic.

Your reasoning is that because if P is true you would feel bad, therefore P must be false.

I hope acquiring this level of logical rigor didn't require large student loans.

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