30 Apr '18, 11pm

Electric Car Jitters May Drive Oil To $300 A Barrel

Electric Car Jitters May Drive Oil To $300 A Barrel

Crystal balls are notoriously inaccurate, so Andurand’s warning may be just background noise that can be safely ignored. But we know money is what moves markets. Politicians aren’t having much luck enacting carbon taxes to offset the government benefits fossil fuel companies enjoy, so $300 a barrel oil might actually be a boon to the renewable energy and electric vehicle industries, as people rush to “green” solutions that are cheaper.

Full article: https://cleantechnica.com/2018/04/30/electric-car-jitters...

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