Electric Buses Are Hurting the Oil Industry
It&#x27;s a strange shift in affairs that China appears to have the greatest incentives (urban pollution, petroleum imports) today to advance clean transportation and energy while the US has stalled or moved backward, at least the Federal level.<p>Western European countries, for whom fossil fuels don&#x27;t seem to be an identity politics issue like in the US, are also making more progress in electrifying their transportation and developing renewable generation - like those massive offshore turbines in the North Sea, or the more comprehensive EV charging networks.<p>Again, they seem to have stronger incentives: high gas&#x2F;petrol prices, higher population density, tense relations with Russia - their big petroleum and natural gas supplier, and the desire to gain an advantage in clean energy technology while the US is seemingly regressing.<p>Perhaps states that have taken the problem seriously - wind in Texas, Iowa, EVs in CA, WA, NY, will carry the torch for the US without the Federal government&#x27;s support.