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

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 7 points 10 months 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 10 months 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 10 months ago (2 children)

Developing countries need cheap energy

[–] [email protected] 1 points 10 months ago* (last edited 10 months 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 10 months 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 10 months ago (1 children)

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

[–] [email protected] 1 points 10 months ago

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