Guest Post from the Institute for Energy Research. The Paris-based International Energy Agency (IEA) says up to 12 million barrels per day of oil demand could be displaced by 2035 due to the rapid uptick in electric vehicle usage globally, especially in the United States, the European Union and China.
China is # 1 in coal powered cars! Good for them! And coal powered AI data centers! Good for them!
And every third world country needs fossil fuels to attain a modest uptick in standards of living. Just to HAVE uninterrupted power.
The green grifters are way ahead of reality.
Just ask the electorate in Germany or France
You're right - it doesn't add up and it doesn't make sense.