this post was submitted on 06 May 2024
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Republicans are pulling out all the stops to reverse EV adoption (www.theverge.com)
submitted 6 months ago by jeffw@lemmy.world to c/technology@lemmy.world
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[–] Buddahriffic@lemmy.world 16 points 6 months ago

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.