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by war1025
2740 days ago
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From what I understand, running a power plant off oil is done by roughly no one because it is super cost-ineffective compared to existing alternatives. Coal and natural gas are the main fossil fuels for electric plants. The space where oil is competitive is transportation. We are seeing massive gains in efficiency in that space. |
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Even with electrical generation it's a mixed bag. The recent US fracking boom has also dramatically lowered the prices for natural gas. Natural gas burns cleaner than coal, so to the extent it's pushing us away from coal consumption it's serving to buy us some time. But it's still desequestering carbon, which means we're still going to need to stop well before we run out of available natural gas to burn.