Re:Saudi Attack Makes Electric Vehicles Even More Important
by mukundmr on Monday September 30, 2019 @03:04AM
(#21112434)
I don't see policy moving in that direction as a result of this incident. The leaders are happy to find alternative sources to buy oil from.
[ Parent
| on HN ]
Re:Saudi Attack Makes Electric Vehicles Even More Important
by JumpCrisscross on Monday September 30, 2019 @03:10AM
(#21112465)
> I don't see policy moving in that direction as a result of this incident
No, but it would if hostilities escalated. Taking Saudi production offline would spike oil prices. Dramatically.
That would prompt political change, in the same way the OPEC crisis in the 70s did. At that point, the well-positioned (e.g. cities with public transit and electric car manufacturers) will prosper while those with their heads in the sand (e.g. communities dependent on cars for cheap transport and ICE-only manufacturers) will face a quick reckoning.