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Electric Cars Are Pushing the Age of Oil to Extinction in China (www.bloomberg.com)

submitted 10 months ago by naturalgasbad@lemmy.ca to c/worldnews@lemmy.ml

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[-] PanArab@lemmy.ml 39 points 10 months ago

And since the oil and gas companies in China are nationalized, they will follow along with the government's plans rather than obstruct or bribe their way as with for-profit private oil and gas companies in many western countries.

[-] bdonvr@thelemmy.club 23 points 10 months ago

Woah hold the phone, you're telling me there's a way to build society OTHER than by explicitly rewarding greed and exploitation‽

[-] PanArab@lemmy.ml 7 points 10 months ago

It is a similar story in Saudi Arabia and many Arab countries. The oil and gas is nationally owned, and the revenues are being used to finance a massive welfare state as well as the transition away from fossil fuels.

[-] CohortCzort@lemmygrad.ml 1 points 10 months ago

I think saudi Arabia moving away from fossil fuels isnt really true considering their (ODSP) is a plan to hook the 3rd world on said fossil fuels.

[-] PanArab@lemmy.ml 4 points 10 months ago

Developing countries need cheap energy

[-] CohortCzort@lemmygrad.ml 1 points 10 months ago* (last edited 10 months ago)

But if we were really serious about sustainability, wouldnt it be better to not get more of the world hooked and fossil fuels in that way.

Which is not me saying everyone should be driving EVs, because fuck cars.

[-] PanArab@lemmy.ml 2 points 10 months ago

Oil isn't just used for cars. A lot of countries use diesel trains on routes where electrification isn't feasible for various reasons. Here's a modern diesel train https://youtu.be/tFoljwX6o90