It doesn’t take a genius to see the graphs of cost to produce batteries and solar power plummeting. In 3 years, it’ll cost more to operate existing coal power p

It doesn’t take a genius to see the graphs of cost to produce batteries and solar power plummeting. In 3 years, it’ll cost more to operate existing coal power plants than it will to build a solar plant. If that trend continues for a further 3 years, electricity during the day will be given away nearly for free, making it dirt cheap to own an EV. It’s hard to compete with free for petroleum companies. It’s a bit worse than that for them because lower demand means they might lose certain economies of scale, making it even harder to compete. For example, some gas stations might close down if they lose half their customers, making it even more likely that customers will switch. And of course, after 2030 it’ll be difficult to find anyone selling an ICE car at all. Transportation (land, sea, air) accounts for 60% of all petroleum. And land accounts for 75% of that. So around half of all consumption is going dwindle to 0 over the next 10-15 years. The writing is on the wall for those who care to read it.