The Future of Fossil Fuels

[pt49]

It would appear that the petroleum industry (cartel) has caved in to the inevitable... EV vehicles are the future.

Over the last hundred or so years the leading economies in our world have turned fossil fuels into a massive backup for the Ponzi Scheme that we call "MONEY".

Millions of human lives have been sacrificed in supporting the Ponzi schemes known as "Money".

In the 19th and 20th centuries the British Pound Ponzi was propped up by exploiting 3rd world countries in international trade of spices, herbs, opium etc but was brought down by 2 massive world wars.

Most recently the USA hijacked the International money Ponzi scheme by backing their USD$ with Oil industry cartels, primarily in the Middle East.

I gotta wonder why they are giving up their control of this Ponzi so easily, given that the automotive industry is arguably the biggest consumer of fossil fuel in the world?

[gamayun]

It seems this post is expressing a set opinion about a topic that has to do with the US position with OPEC (?) and is not really asking a question but the recent announcements on offshore wind is because of the interest to change the grid mix to reduce carbon-intensive energy sources; and yes, much of which will also go toward EVs. It won't happen overnight.

https://www.whitehouse.gov/briefing-...-lowers-costs/

https://www.offshorewind.biz/2022/01...energy-budget/

[Pete7]

Thread closed, nothing to do with sailing or cruising.

Pete