this post was submitted on 21 Jan 2026
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So I think it's becoming clear that wrt solar, batteries,EVs etc, we're witnessing the dawning of full-scale industrial revolution in China, and I'm interested what people think the impact of this will be? Seems undeniable to me at this point that the disruption is going to be at least comparable in scale to the internet, but what form will it take? Who will be the winners and losers? Effort posts encouraged!

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[–] queermunist@lemmy.ml 6 points 1 week ago* (last edited 1 week ago)

What if, instead of prices continually going up because oil resources are declining (the "peak oil" scenario), prices collapse below the point where unconventional oil resources remain profitable? The US became an oil exporter only because prices were high enough for shale, and that's basically doomed in an environment where oil prices don't keep up with inflation.

Unless oil production is actively subsidized we might end up with kinks in the oil supply chain.