It’s fascinating to see how quickly electric vehicles are gaining traction globally. But I can’t help but wonder what does this mean for countries that heavily depend on oil exports? Places like Saudi Arabia or Venezuela have built their economies and political influence around fossil fuels. If demand drops significantly, could we see major shifts in their domestic stability or even their foreign policy? Would they pivot to other industries, or might there be pushback against green energy initiatives? Curious to hear what others think especially if you’ve come across any interesting analysis on this!
Oh please, like those oil barons won’t just buy out the green energy sector and keep lining their pockets while pretending to care. Same game, different name.
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