That’s the title of a recent report from French-based global banking group BNP Paribas, predicting the end of the oil industry. It’s discussed here, where the author explains why he believes that solar, wind and EVs will be the death …
Tag: end of the oil industry
Wells, Wires, and Wheels
Tagged with: BNP Paribas, capital inefficiency of oil and gas exploration extraction transportation refinement and distribution, end of the oil industry, gross inefficiencies of crude-based transportation, heat-loss associated with internal combustion engines, plummeting costs of renewable energy, put a spear through the oil companies, solar wind and electric vehicles can deliver more than six times the “mobility” returns on each dollar invested than oil, solar wind and EVs will be the death of the petroleum industry
