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Electric Cars Are Pushing the Age of Oil to Extinction in China (www.bloomberg.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 7 points 1 year ago (1 children)

It is a similar story in Saudi Arabia and many Arab countries. The oil and gas is nationally owned, and the revenues are being used to finance a massive welfare state as well as the transition away from fossil fuels.

[–] [email protected] 1 points 1 year ago (1 children)

I think saudi Arabia moving away from fossil fuels isnt really true considering their (ODSP) is a plan to hook the 3rd world on said fossil fuels.

[–] [email protected] 4 points 1 year ago (2 children)

Developing countries need cheap energy

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago) (1 children)

But if we were really serious about sustainability, wouldnt it be better to not get more of the world hooked and fossil fuels in that way.

Which is not me saying everyone should be driving EVs, because fuck cars.

[–] [email protected] 2 points 1 year ago

Oil isn't just used for cars. A lot of countries use diesel trains on routes where electrification isn't feasible for various reasons. Here's a modern diesel train https://youtu.be/tFoljwX6o90

[–] [email protected] 1 points 1 year ago (1 children)

So, solar and wind? Both cheaper than fossil fuels at this point.

[–] [email protected] 1 points 11 months ago

Then no one will buy the oil Saudi Arabia is selling if that's true