Electric vehicles are already cutting 2.3 million barrels of oil demand per day. That's about to double under a business-as-usual scenario this decade. It could go faster if EV sales rise, which there are indications they will at this oil price.
Electric vehicles are already cutting 2.3 million barrels of oil demand per day. That's about to double under a business-as-usual scenario this decade. It could go faster if EV sales rise, which there are indications they will at this oil price.
Thanks to Ember for some unpublished data, I made this chart showing the massive shift away from gas-linked power prices in Spain, relative to the increasingly gas-reliant market in Italy
No wonder Italy wants to tackle high power prices!
7/8
RE: https://zeppelin.flights/@jsnell/116171326705673571
(whispers) MacBook Mustard