https://www.cbc.ca/news/politics/carney ... -1.7508253
(This was the article where I read it, but looked for the video in the article on YouTube, as you can easily embed YouTube here.)
Here's Carney singing from the same hymn sheet:
And the countries that push ahead with energy transition will be the leaders of the future, while the old fossil fuel countries that "drill, baby, drill" will be fucked in less than 40 years, because that's when oil goes extinct on planet Earth:
We can talk about climate change. We can talk about energy security. We can talk about not feeding tyrants billions of dollars when we fill up our fuel tanks. We can talk about more equitable decentralised energy to increasingly eliminate energy poverty. We can talk about all the money we get back and can invest domestically, when we have "free at the point of use" domestic renewable energy.
But, really, all we really need is that number. At current rates, within 38 years, oil is dead.
There's still trillions of dollars worth of money to be made with what's left, which is why the fossil fuel industry will lie, cheat and steal - right to the very last moment - but it's doomed, and we should have the sense to no longer invest in a technology that - besides all the other bad things previously mentioned - is known to be going off a cliff in ~38 years.
That's really the bottom line. If you want to drive a petrol car then enjoy it for the next decade or so. Then the cost of filling the tank will be prohibitively expensive and you'll be forced out of the market. Richer people might still drive their "vintage models" for a bit longer, but eventually no-one will be able to justify the expense.
And that's how oil ends. With a whimper, not a bang.
p.s. Check out the "solar energy hitting Earth today" stat. The Sun delivers more energy in a day than the human race uses in a year. More energy in a year than all the oil, gas, coal and uranium this planet's ever known COMBINED. The idea that solar can't deliver is ridiculous. it needs to be done correctly, of course, but there's an over-abundance of it. In fact, ironically enough, it's that over-abundance of energy striking the planet, which the planet can't emit fast enough as it gets trapped by CO2, that's warming us to cause climate change in the first place.
