What will happen to oil states like Qatar and the UAE once either peak oil is reached or a better...

What will happen to oil states like Qatar and the UAE once either peak oil is reached or a better, cheaper alternative like fusion is discovered?

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They will turn into shitho-

they wont sell as much oil...

Qatar has the world's most natural gas, and not that much oil. We will still use natural gas for centuries.

UAE is investing heavily in real estate and tourism.

Those countries are very aware of oil revenues decreasing, and have already invested trillions in stocks and bonds around the world.

Also, fusion could power the grid (which is mostly coal), but is infeasible for transport which is what uses all the oil.

civil unrest and inevitable war
why do they invest so hard in diverse sectors? they know it will come.

when a prince, by birth, has enough $$ to literally buy a yacht every day, and the money is gone, who is to be held accountable?

why do they give their populations so much income, just for being alive?

obvious answers to very simple questions

>17 million USD for a license plate
>prepared to spend 27 million USD for another plate

they are rich. like the adage goes, more dollars than sense.

Good luck running a car on fusion.

Peak oil will never be reached. The higher the price goes, the more willing companies will be to invent new mining methods, thereby reducing the price

Presumably advanced in material sciences associated with manufacturing cost effective fusion reactors will lead to better batteries.

>peak oil
Won't happen in our lifetimes, but a quote comes to mind

>My grandfather rode a Camel, my father rode a Camel, I drive a Mercedes, my son drives a Land Rover, his son will drive a Land Rover, but his son will ride a Camel

They will migrate to white countries.

>already have electric cars
>we have to put a fusion reactor in every car

natural gas to power the plant, does it make any difference to you?

i wonder who would spend a lot of their money to lobby against something like say, nuclear? hmm

Fusion power will not be available before 2048.
And only if ITER and later DEMO go online as planned.

>don't achieve expected output because the collapse is unstable and literally blows out the side like a squeezed balloon
>redesign manifold and pray
there's a lot to do yet

>better, cheaper alternative like fusion is discovered
Good luck putting fusion in cars. Oil isn't used to produce electricity in most of the world.

That said, if we have the infrastructure to electrically power most things, including cars, the ME regimes won't be able to pay out huge welfare to their citizens and will fucking implode, unless we buy oil just to pander to them and keep them stable.

Nuclear isn't out of favor due to lobbying, not mostly. It's out of favor because nuclear is 4x+ more expensive in terms of start-up costs vs nat gas, and no utility wants to take that risk unless it has a government-guaranteed rate of return (see southern states like Georgia, Tennessee, etc that are building nuclear plants)

It'd be a pretty good investment to renovate old nuclear plants for the modern day but who's going to front the money?

Say within the next 100 years, optimistically, fusion is commercially available, say goodbye to coal and fission plants for good.
But you can't put fusion into cars, unless cars become abundant in electricity or other sources, oil isn't going anywhere any time soon.

youtube.com/watch?v=Jkqb4bUgJ9c

yeah i don't know, i'm pretty fucking sure that there's a lobby that's maybe anti nuclear...

feel free to prove me wrong. definitely not funded by foreign shells... definitely

NUKE

Of course there's a fucking lobby my dude, but the map of states building new plants vs the states decommissioning and not replacing them is almost entirely defined by where there are vertically-integrated utilities that have government-guaranteed rates of return, so they're sheltered from the risk of spending a ton to build a plant with unclear revenues.

No need to be a conspiracy theorist here when following the money leads to domestic issues.

>but why don't some states have these vertically-integrated utilities? I blame the jews
Towards the end of the 20th century there's been a push to deregulate and break up giant integrated corporations to create separate entities that are more "competitive" (generation corp sells power to utility, which sells to customers). This has mostly happened in left-leaning states.

>We will still use natural gas for centuries.
We will use gas, but not natural gas.
Power2gas, look it up.

fair point, but the lobbies actively fight federal loan guarantees. who pays them then, it's all i am saying. they take donations, and they form pac's, and they splinter into smaller entities, and swamp any efforts. try to build a plant, and watch the clock.

They are actively diversifying their economies. A lot of their youth study abroad Arabs aren't dumb they are just really corrupt.

>cheaper alternative like fusion
>fusion
it's called ether, desu

>peak oil
Kek

>fusion
Top kek