Comments by "looseycanon" (@looseycanon) on "The REASON behind the worldwide REFINERY COLLAPSE - VisualEconomik EN" video.

  1. question is, does it belong there? And if so, what about the downstream applications? Let me remind you, that refineries don't produce only gasoline! There are over 5000 products, which have crude oil as base resource, ranging from energy through plastics to medicine. Tell me, when you're virtue signalling so much. How should a child, cured with a drug made out of oil, wrapped in a plastic made from oil due to transportation and dosage concerns, transported to the hospital by ambulance using fuel made from oil at the refinery be punished for it's extraordinary carbon footprint, when pre-industrial methods, not reliant on, oil also exist? This is just one extreme case to better understand the demonization of oil. People (and more importantly governments, which peddle the green nonsense) only see the carbon released and forget, that basically everything around us has some kind of oil product in it, even if fuel were completely abandoned!
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  2. And four, the underlying causes are overzealous green agendas of western powers, mostly US and the EU, which don't take in to account the reality of energy storage, transport and production and who have reduced massively complex issue of climate to a single digit, that being of new emissions of greenhouse gasses, completely ignoring two facts. 1) Climate change is NOT caused by new emissions, but rather the old ones, which are, and will be for a number of centuries, already there! Meaning reducing current emissions even to a 0 is too little too late at too steep of a cost to society. 2) Energy storage is already hitting the limits set by laws of physics. There are no energy storage systems out there even in prototype phase, which could come even close to effective deployment in the grid, nor are there batteries safe and powerful enough, to allow green energy sources like wind and solar, to replace oil.
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  3. Not the pandemic. At best, it was a catalyst and then Putin poured oil in to the fire. Pun intended. This really started with governments in the west going green for the political agenda, creating toxic environment for refineries to exist. This started years ago, when for instance banks were forced to drop oil from investment portfolios to get compliant with new regulations for banking (well, and to virtue signal to their customers). Add a number of years with little to no profit and business environment, which doesn't give good outlook for retooling an old plant, so competition dries up and those, who are left, rise prices. And since it takes years to change course in terms of policy and additional years to bring plants in to production status... Yeah We're screwed, because some of us wanted to "save the environment", while not realizing the costs.
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