The worst part is that the EROI (Energy Return On Investment) is very low as well. It’s around 3x compared to something like 30x for conventional oil sources. So not only is it polluting as heck, it’s also comparatively inefficient. If they had to pay for externalities, there’s absolutely no chance it’d be profitable.
The worst part is that the EROI (Energy Return On Investment) is very low as well. It’s around 3x compared to something like 30x for conventional oil sources. So not only is it polluting as heck, it’s also comparatively inefficient. If they had to pay for externalities, there’s absolutely no chance it’d be profitable.