The media is going nuts about Elon Musk contacting for additional oil and gas at an strength meeting in Norway, but the full quotation is not staying greatly described and brings some essential context.
Before this yr, Elon Musk called to drill for additional oil, which elevated a number of eyebrows, but it was in the context of the Russian invasion of Ukraine and how it despatched gasoline costs skyrocketing:
Loathe to say it, but we have to have to improve oil and gas output promptly. Extraordinary moments desire incredible steps. Clearly, this would negatively have an affect on Tesla, but sustainable electrical power remedies only simply cannot react instantaneously to make up for Russian oil and gas exports.
At an electrical power conference in Norway currently, Musk brought again the comment in the context of the present-day power disaster in Europe.
The Tesla CEO claimed that he thinks the globe even now needs far more oil and fuel and the media is jogging with the headline:
Nonetheless, quite a few of these articles really do not contain the whole quote, which helps make it apparent that Musk has not changed his intellect and nevertheless thinks that renewables, primarily solar and wind, are the way to go.
Musk is normally a incredibly literal human being and at times he basically details out the noticeable, which is the scenario with this comment.
The total quote reveals that Musk is chatting about fossil fuels becoming essential proper now to retain civilization operating right up until we can access sustainability with renewable power:
I want to thank the leaders and the men and women of Norway for their lengthy-standing assist. I do believe we essentially need to have additional oil and gasoline for civilization to purpose. But at the same time moving speedy to a sustainable strength financial system.
Musk nevertheless believes that solar and power storage must dominate the energy market place to obtain sustainability, but he does realize that fossil fuels are essential until finally it can be attained.
He designed identical reviews about far more nuclear electric power, but the entire quote is about nuclear power that tends to make perception:
If you have a well-built nuclear plant, you should not shut it down — specially appropriate now.
Nuclear electric power helps make sense for the surroundings if it can the two operate safely and securely and have secure disposal of nuclear squander.
It certainly makes perception to keep the vegetation that in shape this description going, specially in Europe amid the electricity disaster given that the Russian invasion of Ukraine.
I think his comment was overblown. He is just pointing a very simple truth, but if you want to seem at it from a plan standpoint, it is critical to hold in thoughts that we need to incentivize new energy creation to be renewable relatively than from fossil fuels in get to account for the effects on the surroundings.
Of program, a basic carbon tax would get treatment of that, but it has been hard to apply in some marketplaces.
Either way, solar and wind are turning out to be the best solutions fiscally talking so regardless of procedures, I believe we are likely to see the power markets go toward renewables at an enhanced speed.
FTC: We use cash flow earning automobile affiliate one-way links. A lot more.
Subscribe to Electrek on YouTube for exceptional films and subscribe to the podcast.