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I am thinking how weird it would be if the EV charger revolution sneaks up on conventional gas station businesses and forces large oil companies to go out of bu
by watt 5y ago
I am thinking how weird it would be if the EV charger revolution sneaks up on conventional gas station businesses and forces large oil companies to go out of business. Because they did not realize they were supposed to be "energy" business, not just oil/diesel/gasoline/petroleum business.
If they don't pay attention, this seismic shift could really cost them.
- delaaxe 5y agoMost oil companies have already been in the clean energy business for a while
- tachyonbeam 5y agoWould like to see some stats, specifically what percentage of their yearly spending goes into clean energy. Also useful to know what they consider "clean energy", because there's no such thing as "clean natural gas".
- delaaxe 5y agoI don't have any stats but it's what I heard from people in the industry. Could be very hand-wavy
- zzbzq 5y agoOil companies might INCREASE oil production if the renewable energy really goes meteoric. They'll just use all the cheap renewable energy to ramp up plastic production.
- ArkanExplorer 5y agoPlastic uses about 8% of oil: https://www.vox.com/energy-and-environment/21419505/oil-gas-price-plastics-peak-climate-change#:~:text=Overall%2C%20plastics%20represent%20a%20fairly,only%20about%20350mt%20are%20plastics https://www.vox.com/energy-and-environment/21419505/oil-gas-.... Many Governments are starting to ban single-use plastic products.
- rsynnott 5y agoWell, er, assuming that demand for plastic rises by about 20 times, maybe…? Like, what’s the motivation here? They’re not Captain Planet villains. Dying industries do not generally hold on out of _spite_; there has to be money in it.