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Jamie1897 t1_j08ntx6 wrote

No, transportation and mobile industrial equipment are why oil, compared to coal or natural gas, is uniquely valuable. There is no replacement for it, especially in heavy transportation, freight, aviation, maritime, and mobile industrial equipment.

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KindChange3300 t1_j08wuhk wrote

Given the current state of technology, yes. But we must, for example, not allow an environment that sabotages potentially disruptive innovation.

What if, for example, portable fusion reactors become financially viable? Or other energy storage technologies emerge which make current generation battery technologies obsolete. For example, gyroscopic energy storage has been explored. What does happen, however is that industry-sponsored regulations and subsidies stifle development of other avenues in favor of incumbent interests.

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