Natural Resources
This is How Big Oil Will Die
Natural resource issues are not just supply issues, such as the amount of reserves, and how to more efficiently extract them, or alternative supply sources (fossil fuel vs. alternatives). No, natural resource issues are also about altering the demand curve, too. This thoughtful piece points out that while the cost of alternative energy is rapidly becoming more competitive with oil – supply issues – that hidden in the background new technologies are fundamentally and rapidly also shifting the demand curve. The author predicts a dramatic convergence of the shifted supply and demands curves for Big Oil before 2025. Regardless of the timing, this piece is systemic in its thinking, and thus, in accord with our philosophic underpinnings at The Sarasota Institute. – Jason Apollo Voss, Founding Member
https://shift.newco.co/this-is-how-big-oil-will-die-38b843bd4fe0