Friends, colleagues and esteemed contacts
In this potentially game-changing report, BNP Paribas introduces the concept of Energy Return on Capital Invested. Conclusion: “The economics of oil for gasoline and diesel vehicles versus wind- and solar-powered EVs are now in relentless and irreversible decline, with far-reaching implications for both policymakers and the oil majors.” Here is a 4 minute slideshow precis for busy folk.
This really is seismic stuff, with huge implications for all the issues that depend on solar and other survival technologies accelerating faster and the incumbency fully retreating from their planet-wrecking civilisation-imperilling rearguard defence of oil and gas.
Those who would like to use or adapt the original powerpoint, with source urls as notes, can find it – with all my other source files, for free use – in a link below the presentation.