#JigarShah on high #gasprices shifting demand for #EVs & #hybrids - 192,000 public charging ports ready to go.

"At $5 per gallon, that’s $150–200 billion annually flowing out of Americans’ pockets, alongside a reduction of roughly 2–3 million barrels of oil demand per day and 300–350 million metric tons of CO₂ emissions. Clearly the technology exists in Europe and China—we already know how to build more efficient vehicles."

https://energyempirepodcast.substack.com/p/average-gasoline-prices-are-spiking?utm_campaign=post-expanded-share&utm_medium=web&triedRedirect=true

#Economics #IranWar #Climatechange

"Gasoline ties household budgets to global volatility—geopolitics, refinery outages, and supply shocks. Electrification, by contrast, shifts transportation onto a more stable, increasingly domestic energy system. Every mile driven on electricity is a step away from that volatility."

#Global #GlobalInstability #Geopolitics