Combustion-Parity — On almost nobody’s radar.
Oil is doomed and not just because of all the things that we know will happen. We know solar is dropping in costs, and wind, storage, geothermal, and tidal power and more. But fossil fuels are really doomed because of all the possibilities of something else coming out of nowhere and contributing significantly to the transition to clean energy. Add up all those slight chances of game-changers in fields like fusion and converting Solar to different types of combustion fuels, factor in nanotechnology and the odds of fossil fuels lasting much longer than another decade go way way down..
“The days of drilling into the ground in the search for fuel may be numbered, because if Daniel Nocera has his way, it’ll just be a matter of looking for sunny skies.”
…
“Scientists have created a system that uses solar energy to split water molecules and hydrogen-eating bacteria to produce liquid fuels. The system can convert solar energy to biomass with 10 percent efficiency, far above the 1 percent seen in the fastest-growing plants.”
https://www.sciencedaily.com/releases/2016/06/160602151837.htm
https://www.sciencedaily.com/releases/2016/06/160602151837.htm
Only waiting for the first of these to scale up for mass production. Hold those investments in electric cars…