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by @jimpick.com
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Brilliant analysis of what happens as diesel and petrol demand (slowly) decline. Only gripe is "air travellers will pay for the next 10 years until... clean H2 finally arrives. Nope. Modest amounts of H2 will be used, but only in bio-SAF pathways. therewnewableguru.substack.com/p/the-great-...
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therewnewableguru.substack.com
Who pays when petrol stops paying the refinery’s rent
The great oil inflection
Michael Liebreich