Russia’s Coal Collapse Marks The End Of Fossil Fuel Post-War Illusion
www.forbes.com
Russia’s Coal Collapse signals the end of the fossil era. From bankrupt mines to battery booms, the global energy transition is accelerating but facing political resistance.
  • oneser@lemmy.zipEnglish
    23·
    2 个月前

    Coal is dead, gas is not. It will be the resilient goddamn cockroach running along the floor because some clown with the keys to the European Parliament will always yell that we need base load coverage capacity in fossils.

    Then we’ll import it at a stupid price from one genocidal maniac or the other and be told to be happy we are paying 8x the cost of pretty much any other modern production method. Worst part is, it’s just as dirty as coal when it comes shipped in.

      • HaraldvonBlauzahn@feddit.orgOPEnglish
        1·
        2 个月前

        Not only, if you read it, the article adresses the global market and price collapse in coal actions in the US as well.

        Ctrl-F to “A Parallel Story: U.S. Coal Auctions Without Buyers”

      • oneser@lemmy.zipEnglish
        1·
        2 个月前

        Although predominantly about coal, it mentions the end of the fossil era and the hydrocarbon experts as a group.

        The article cleverly uses the rut of coal too the rest of the fossil industry, but I think this is not (yet) the case.

    • marcos@lemmy.worldEnglish
      3·
      2 个月前

      Nah, it natural gas will become too expensive at some point too.

      But it’s competing with batteries, not PV panels. So it will take a longer time ti get there.

    • HaraldvonBlauzahn@feddit.orgOPEnglish
      2·
      2 个月前

      It will be the resilient goddam cockroach running along the floor

      So we need more Ukrainean special operations … /s