Reply to post: Re: The problem with this article...

Want to see the back of fossil fuels? Calm down, hippies. CAPITALISM has an answer

Desk Jockey

Re: The problem with this article...

Yes Tony I think you are right, but the issue is that wider economic changes would result. Hence those arguing that any kind of move to reducing the use of fossil fuels (including going for hydrogen) will lead to significant economic re-adjustment may have a point.

Those plastics and chemicals made cheaply using oil benefit from being a tiny fraction of the total oil use. Oil is cheap because it is pulled out of the ground in enormous scale. Now I never think we would stop burning fossil fuels in reality (classic car drivers unite!), but the minute you massively reduce the scale, the per unit costs go up. So all those plastics and chemicals present affecting so many things important to daily life will increase in costs. Some people argue this would be a good thing, go back to getting your fruit and veg in biodegradeable paper bags instead of landfill plastics for example.

Hence there is an enourmous vested interest in continuing to drill for oil even though, from an individual economic point of view, going for some kind of renewable tech would be much better. £5000 to power my house for 10 years without paying those utilities more than a token connection charge? Yes please. Run a car from that too? Why not? The answer, as always, lies in finding that very practical (and cheap) technology and bringing it to market despite all the people that don't want it to succeed.

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