You're basically arguing for the latest estimates for peak oil. Maybe they're right this time but I still think that improving technology & prices make new sources available.
> Who is going to pay the equivalent of 50$/gallon when they can use an EV?
If we're going to be arguing for peak oil, let's argue for peak lithium then too. EVs are going to get more and more expensive too as we have to extract from more expensive lithium stores.
> We use oil because it’s cheap not because it’s the only possible solution
For some things sure. Aviation fuel and ship fuel notably don't have any real replacements on the horizon.
From your sibling comment:
> The cost premium of biofuels for air travel aren’t that high and the scale can meet demand for long distance flights. Fertilizer from nitrogen in the atmosphere is again cost competitive relative to that kind of increase.
Batteries are fine for ocean shipping on a ~50 year timescale, and that basically covers burning fossil fuels. Using it as a feedstock for plastics etc is a non issue for climate change.
I think you're mistaken here. Biofuels for air travel are much more complex than just pricing. You've got regulatory approvals, cost of retrofitting existing engines / figuring out how to make them drop-in without needing petroleum, etc. If you're thinking that batteries are fine for ocean shipping, I'd like a sample of what you're taking because the energy demands of massive ship containers dwarf the capabilities of batteries. That's why they're talking hydrogen fuel cells and nuclear.
> It’s not that we’re going to run out 100% year X, it’s that as economies of scale end priced inherently spike. Gas stations can scale down to 1940’s levels by having most of them close, but giant fuel refineries, pipelines, etc need scale to be worth the maintenance.
Conversely, there's a huge incentive to have oil be competitively priced and avoid a total collapse of that segment. That's why you see huge resistance politically - there's no real plan put forward for how we transition to a clean energy economy for the people currently participating in the oil economy.