https://archive.is/jjqjB | https://vgy.me/olwrqw.png :
We’re probably underestimating how quickly electric vehicles will disrupt the oil market - Vox
'Yet it is maddeningly difficult to predict the future; forecasts for the EV market are all over the place. '
'How much market share EVs take from oil (gasoline is by far the most common use for oil in the US) will matter a great deal. '
'The rate of EV growth will have huge implications for oil markets, auto markets, and electric utilities. '
'As Cohan notes, however, others are more optimistic:Projections for EV growth feed into projections for oil demand. '
'A 10 percent loss in market share was enough to send the US coal industry spiraling, enough to cause Europe’s utilities to hemorrhage money. '
[–] [deleted] 0 points 2 points 2 points (+2|-0) ago
[–] thesampo ago
Remember that time Vox was right about something?
Me neither.
[–] Kannibal [S] ago
OTOH some people have just the opposite problem
they cant remember ever being wrong