RE:A must read This last age of oil will come as the transportation revolution displaces oil’s major role as a fuel for transportation, especially in motor vehicles.
An energy revolution is unfolding right in front of us. The International Energy Agency projects a large decline in the global use of coal and oil in energy as they are replaced by natural gas and renewables.
The cost of solar panels, batteries and wind production has fallen substantially since the mid-2000s. More important, renewables and electric vehicles are rapidly expanding, not only in the advanced countries but also in emerging ones.