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Oil dependency

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Oil dependency contributes to many problems:

  • Air pollution
  • dependence on foreign powers which may not always be friendly
  • economic dependence on stable oil prices
  • Peak oil - although the actual date when oil will become prohibitively expensive is subject to strong debate, it will come eventually.
  • Loss of reserves. It makes sense to conserve petrochemicals for specific applications which are not easily replaced by alternatives, and for emergency reserves in case of global disaster (e.g. large-scale volcanic eruptions) which could affect renewable energy production for months or years.