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Originally Posted by WarrenC12
The end of fossil fuels will happen in stages. We're already seeing the end of coal now.
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The end of coal because it's a 2.5% below its all-time high consumption from 2013, and 60% higher than it was in 2000?
https://www.forbes.com/sites/rrapier.../#3d9ff5422646
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Miners aren't getting their jobs back and coal companies are going bankrupt in North America.
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Pressured by cheap natural gas.
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Long term investments in oil are a fool's errand today.
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Meanwhile, new Chinese solar capacity additions crashed 54% for Jan-Sept YoY and New Energy Vehicles continue to suffer from the loss of subsidies, down 45% October 2019 vs October 2018, even as oil imports continue to grow.
https://www.pv-tech.org/news/chinas-...to-4.6gw-in-q3
https://europe.autonews.com/automake...in-report-says
https://www.reuters.com/article/us-c...-idUSKBN1XI0IZ