Is there a silver lining in all this COVID-19 stuff?
https://consortiumnews.com/2020/04/29/covid-19-the-beginning-of-the-end-for-oil/
https://consortiumnews.com/2020/04/29/covid-19-the-beginning-of-the-end-for-oil/
“The COVID-19 pandemic is, among other things, a massive experiment in telecommuting,” observed Katherine
Guyot and Isabel Sawhill of the Brookings Institution in a recent
report. “Up to half of American workers are currently working from home,
more than double the fraction who worked from home (at least
occasionally) in 2017-2018.”
Many
such workers, they also noted, had been largely unfamiliar with
telecommuting technology when this grand experiment began, but have
quickly mastered the necessary skills. Given little choice in the
matter, high school and college students are also becoming more adept at
telework as their schools shift to remote learning. Meanwhile,
companies and colleges are investing massively in the necessary hardware
and software for such communications and teaching. As a result, Guyot
and Sawhill suggest, “The outbreak is accelerating the trend toward
telecommuting, possibly for the long term.”
Any
large increase in teleworking is bound to have a dramatic dual impact
on energy use: people will drive less, reducing their oil consumption,
while relying more on teleconferencing and cloud computing, and so
increasing their use of electricity. “The coronavirus reminds us that
electricity is more indispensable than ever,” says Fatih
Birol, executive director of the IEA. “Millions of people are now
confined to their homes, resorting to teleworking to do their jobs.”
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