WDS woodside energy group ltd

Woodside, page-108

  1. 240 Posts.
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    @Adimadis

    There you go again. It is clear you are making things up and telling porkies. Your comments below:

    "The energy crises was unexpected and cause some economies to revert to Coal
    from Oil and Gas. This is not significant in the grand peak Fossil demand forecast because it just means Oil and Gas demand reduced during 2022/3 by more than Coal did."

    Here is a chart to show the mix of coal/oil/gas over the relevant period:

    https://hotcopper.com.au/data/attachments/5696/5696458-ed206d89728b8b694e436e1ce0d89ff9.jpg
    It is visually apparent that oil and gas did not drop down as coal climbed. And we also have evidence that both gas and oil have climbed again in 2023. The facts:

    https://hotcopper.com.au/data/attachments/5696/5696481-0e392650f74c82f788a42059925e4552.jpg

    On to your next assertion

    "Like I said in a previous post "Coal demand is dropping as we speak. Oil peak will probably be mid to late 2030's and Gas peak may come after that."

    It has been demonstrated coal is not dropping. Also it is estimated that global power needs will rise by more than 30% over the next 25 - 30 years. I don't know what will happen but for your assertion to be true renewables would not only have to take more of the current production but also account for all of the growth. When after 25 years, many trillions of dollars "invested", power prices spiking, fossil fuels constrained... renewables have climbed all the way to 4% of global production. When asked to provide support for your fanciful claim you ask someone else to prove your case for you. That's not how it works. Priceless.




 
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