Originally Posted by
Power_Of_Rotary
Question: What would happen if new oil production stopped today? Would the impact be as significant as Covid19? Based on the current reserves, will it be enough time to accelerate clean/alternatives? Similar to Digitalization, Covid19 forced the inevitable of moving away from traditional workplace, buying/selling, etc.
Humans are very resilient and will find away to adapt to changes. I believe oil will still relevant for a long time not because of "need", but because people do not change quickly unless they have too.