How do the Petro-Oligarchs who rule the world get a slice of the Fusion pie?
If they don't, it's going nowhere
@BrentSullivan the bigger question is how are they cut into all clean energy to give up $124T of petro assets in the ground.
@BrentSullivan you’re thinking too low on the crude oil chain, my friend. https://www.huffpost.com/entry/global-political-crises-boil-down-to-two-words-fossil_b_59870326e4b00833d1de28cb
@theclevertwit
really good article
Seems we're saying very similar things
to me. Oil money rules the world. That had to be addressed to change to any renewable or to fusion.
I wonder if they have a walk away number
@BrentSullivan at the moment, there is more advantage in causing global disruption. As car companies move off of oil, to electric, we will see how the big petro states move. Love fusion, but it’s decades away from being a commercially viable source of energy, even with recent breakthroughs: https://www.pbs.org/newshour/amp/science/watch-live-energy-department-announces-major-breakthrough-in-fusion-energy-research
@theclevertwit
They aren't, which is why we haven't made that switch.
The Simple Fact© is that daily production and those proven reserves are the basis of their stock price. Any substantial move to any other energy decimates the basis of their valuation