There is no one who could stop oil. There is no politician or billionaire or cabal of same. Not even clauschwab can stop oil. We will not use less oil because we no longer need gasoline for internal combustion engines except in the very long term. The non-systemic response to stopping oil is let's build solar panels and renewables as if they were a one-for-one plug-and-play. So my dearest wish is that we start to understand second, third-order effects and then look at the world as a interplay between the parts and the processes.
In this must watch Frankly, Nate illustrates how a reduction in the demand for gasoline will not - as commonly believed - result in a 1:1 reduction in the demand for oil. This is contrary to a widespread perception, which much growth in the Electric Vehicle industry has been based on, about the correlation between a decline in gasoline usage resulting in an overall decline in oil production and CO2 emissions. While a significant portion of oil refining results in gasoline, we need to be aware of modern civilization's deep dependencies on the remaining products that all come from the same barrel of oil. Only then can we understand and plan for feasible pathways to reducing oil production and consumption within the confines of a growth-dependent complex adaptive system. How can movements such as Just Stop Oil better reflect the reality of the current oil production system and our economy?
Stay tuned next week when Nate shares 7 potential paths to a less oil-dependent future.
A special thank you to Joris van der Schot, John Rowan, Robert Rapier, and Art Berman for helpful input on this video.
To Watch on Youtube: https://youtu.be/H-zYjcsLE_E
For Show Notes and More: https://www.thegreatsimplification.com/frankly-original/37-just-stop-oil-part-1-gasoline