Seems unlikely that we'll be selling oil for $5, unless fossil fuels are complet... | Hacker News

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matthewdgreen 7 months ago | parent | context | favorite | on: In Europe, wind and solar overtake fossil fuels

Seems unlikely that we'll be selling oil for $5, unless fossil fuels are completely replaced and it becomes a side-of-the-road novelty.

ljlolel 7 months ago [–]

Then it loses economies of scale and capital wasted so price won’t go down

matthewdgreen 7 months ago | [–]

At that point, who really cares? As scale goes down and economies of scale go away, it just becomes an irrelevant novelty. But the actual question is: how much will industrial applications matter.

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