cross-posted from: https://slrpnk.net/post/15648896
Ah yes, the graph shows the demand of gas increasing from 2022 to 2024 despite EV’s becoming exceptionally cheap there in the last couple years, therefore the demand for gas will completely crash in the next couple of years, great projection.
It’s a nice graph, but it’s only a projection and I’ve seen those go to shit before.
Do it
no it doesn’t
What’s with the title?! Here’s my alternative: China’s EV boom makes a dent in fossil fuel consumption.
The biggest threat China presents to fossil fuel consumption is future economic growth. Putting 1.4B people into ICE personal vehicles would be a nightmare.
Their battery tech is going to spare the globe generations of future consumption. They’re doing what Americans should have done 20 years ago, taking ICE engines off the market before they’re built.
Those OPEC Countries, who rely on ICE Engines like they’re a future ATM Machine, are just maddening. They’re a HIV Virus plague on the world and NASA Administration need to launch them into LEO orbit.
It’s Bloomberg. A rag for capitalists, by capitalists. Less fossil fuel use is bad for them because it hurts their portfolio.
Do you know what the word “threatens” means?
You obviously don’t know how fast China’s been manufacturing cheap EV’s and solar panels. There’s a reason oil lobby owned politicians are trying to ban them from being imported.