871
Republicans are pulling out all the stops to reverse EV adoption
(www.theverge.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 06 May 2024
871 points (96.8% liked)
Technology
59086 readers
2229 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Surely the oil and energy companies have their own investments into renewables. I can't imagine why Rs would die on this hill except for their little culture war.
Because you can't corner the renewables market like the oil markets have been. Also oil dependence means a constant need for oil. Solar panels or windmills are much more install and forget. So yeah, they can invest in oil alternatives, but they won't make nearly as much money from it.
Oil companies usually do not, but electricity companies do. The problem is that oil companies are great in geology, drilling and chemistry. Geothermal is a similar skill set and chemistry can be used in other products, but the first is small business and the other not renewable nexessarily.