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A lot of this may hinge on whether the US's drive to end subsidies for solar and EVs stick and if they take hold elsewhere.
by bdcravens 1y ago
A lot of this may hinge on whether the US's drive to end subsidies for solar and EVs stick and if they take hold elsewhere.
- elabajaba 1y agoGas car sales peaked in 2018 globally. EVs are already >20% of new car sales worldwide, and the US is a joke when it comes to EV sales compared to Europe or China. https://ourworldindata.org/electric-car-sales https://ourworldindata.org/electric-car-sales
- bryanlarsen 1y agoThe US is just a small fraction of oil use. There world will be consuming oil for many decades. Some by industries with hard to replace uses (plastic, planes etc), and some by backwards countries (US, Russia). But it'll just be a small fraction, so will be supplied by the low cost producers like Saudi Arabia. High cost producers like Alberta will be shut out.