Comment by ZeroGravitas
1 day ago
Not angering the oligarchs who profit from oil appears to be the root cause.
This then flows downstream to inconsistent and patchwork government support for the transition to EVs.
The short term incentives aren't all properly aligned for car makers to fully commit to build EVs and support the supply chain to do that.
Decades from now we're going to look at the oil patch lobbyists as the villains that killed countless jobs in NA and enabled China to take over whole industries.
You had some politicians like Justin Trudeau that tried to create a frame work that would guide and advantage capital toward investing in innovative green technology and future jobs, but then politicians saw the advantage in politicizing and opposing everything and they tore this all down.
Now China has continued to move ahead meanwhile NA remains at square one with increasingly backward technology, with no incentive to change.
It's going to get really bad!