RE:RE:Energy industry faces death by a thousand cuts.The oil industry will not die anytime soon.Dumb governments might add taxes and regulations but this will only curb investment.
EV are maybe 3% of the market, so 97% are ICE and will take 10 years to get them off the road.
If the government overally punishes O and G companies, prices will then rise which leads to inflation. Liberal governments are starting to understand this.
Governments also know that if a greater % of vehicles did switch they would have to tax electricity like they tax gas.
We are so far away from making a reasonable sized switch to EV its not even funny. At peak times now we do not have enough electricty, grid is not ready, charging stations, batteries, blah, blah...
Lastly, every day the world grows by 200,000 people........EVERY DAY