Interesting theory, but you do know oil is used in other industries right?
Estimations vary from 30–50% worldwide for uses other than energy.
The push for EV vehicles is often disengenuous when it comes to discussing the resources required and true costs to operate. We are told they are the magical carpet ride-just plug it in and go….
…since the late 60’s and 70’s.
But in order to have a serious discussion, we have to acknowledge EV vehicles do have downstream costs associated with their Production
- Plastics (a significant petroleum product), and
- Toxic materials in battery production
and Use
- Increased energy requirements for charging which in turn creates more power generation demand.
- Servicing and disposal (of batteries)
In addition to plastics, count also the pharmaceutical, chemical, and cosmetics industries as major users of oil/petroleum.
So maybe while we might see a dramatic drop in energy-related uses of oil, out completely, in our lifetime?
Nope
and several multi-billion dollar industries must convert to other constituent components first. Granted some are already on the way, but not anyway near the timeline you propose and as long as oil is cheap and there is a system of production and distribution already in place, why should they?
I am all for disruption and transformation of marketspaces-(I have made a career of it), and truly believe that a countrys’ sovereignty is based upon its ability to create and consume its own energy, but in order to meaningfully convince others, we should not trip over the finish line by glossing over reality and facts.
