Reposted by MarosBonsai
Cratering oil use in China shows the death spiral that could end oil
electrek.co
Cratering oil use in China shows the death spiral that could end oil
Chinese oil use dropped drastically in Q2 of this year, leading to an overall drop in emissions for the country. That alone is a big deal – but the potential effects of the world’s second-largest oil consumer rapidly passing peak oil could have massive effects on the world’s oil markets.
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