People aren’t using as much fossil fuels because government dictators have told them to stay home, have closed businesses, have caused businesses to whither, what with their policies to react to bat soup virus
Home-working, fewer flights and less urban pollution could bring a faster shift from an economy built on fossil fuels https://t.co/C7SZ3N66eJ
— The Economist (@TheEconomist) April 20, 2020
From the article
Oil, it has been said, is the blood coursing through the veins of the world economy. In 2020 the economy is bleeding red. As covid-19 keeps workers at home and planes on the ground, demand for oil has fallen faster and further than at any point in its history. Amplifying the shock, a furious row between Saudi Arabia and Russia set off a price war in early March. Last month oil prices fell by more than half, leaving a giant industry reeling.
The rest of the article is behind a real paywall, but, it’s unnecessary to read the rest, you know where it is going. It will bash fossil fuels, say this is the world we need. “The oil slump is a glimpse of what is to come.” Right, people sitting at home not working, not earning, possibly losing their apartments, homes, cars. Dependent on government. Mass unemployment.
Only so many people can work from home. Can retail work from home? How about factories? If kids are not in school, but at home, at least one parent has to be home. Fewer flights? Trying to restrict where citizens can travel.
It is interesting that, despite urban areas being full of Warmists that their urban areas are pollution filled.
Why do green economists taking such delight in suffering?
