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A comment on All fossil-fuel vehicles will vanish in 8 years in oil and auto ‘death spiral’. Parent comment

Re:All fossil-fuel vehicles will vanish in 8 years in oil an... by jstanley on Wednesday May 17, 2017 @12:55PM (#14360315)
> If the demand drops, the price goes up, leading to a further drop in demand, which drives up the prices, which...

And yet markets converge on price equilibria all the time without descending into runaway chaos.

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Re:All fossil-fuel vehicles will vanish in 8 years in oil an... by fooker on Thursday May 18, 2017 @05:27AM (#14365893)
Not when a new technology is already there to eat its lunch.
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