Description
In this must watch Frankly, Nate illustrates how a reduction in the demand for gasoline will not – as commonly believed – result in a 1:1 reduction in the demand for oil. This is contrary to a widespread perception, which much growth in the Electric Vehicle industry has been based on, about the correlation between a decline in gasoline usage resulting in an overall decline in oil production and CO2 emissions. While a significant portion of oil refining results in gasoline, we need to be aware of modern civilization’s deep dependencies on the remaining products that all come from the same barrel of oil. Only then can we understand and plan for feasible pathways to reducing oil production and consumption within the confines of a growth-dependent complex adaptive system. How can movements such as Just Stop Oil better reflect the reality of the current oil production system and our economy?
Stay tuned next week when Nate shares 7 potential paths to a less oil-dependent future.
A special thank you to Joris van der Schot, John Rowan, Robert Rapier, and Art Berman for helpful input on this video.
In French, we have a motto that says that a simple drawing is often better than a long explanation. Jean-Marc Jancovici Carbone 4 President
That’s very understandable because with left atmosphere thinking, one of the problems is that you see everything as a series of problems that must have solutions. Iain McGilchrist Neuroscientist and Philosopher
We can’t have hundreds and hundreds of real relationships that are healthy because that requires time and effort and full attention and awareness of being in real relationship and conversation with the other human. Nate Hagens Director of ISEOF
This is the crux of the whole problem. Individual parts of nature are more valuable than the biocomplexity of nature. Thomas Crowther Founder Restor
Show Notes & Links to Learn More
01:13 – What is oil, we use over 30 billion barrels per year
01:40 – Products from a barrel of oil
02:30 – Gasoline is 40% of a barrel of oil, what makes up a barrel of oil
03:07 – Oil refining is a sequential process
04:33 – Catcrackers, Hydrocrackers, lack of refinery investment
06:08 – China scaling EV’s for air pollution mitigation
06:44 – Just Stop Oil
07:50 – Klaus Schwab
