multivita-man
Platinum Member
- Aug 10, 2022
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Gee, China having the largest share of EV supply chain should tell ya something right there. But of course, you'll just ignore it.
The world's automobile market is shifting toward electrification - that's not a trend that's going away. Power plants in many countries are also going to be shifting toward renewables. That's a trend that's not going away either. So until they find other uses for fossil fuels, that's going to cut demand.
I agree that fossil fuels aren't going away, but the demand will be split between FF and other sources. That makes pricing and predicting demand difficult.