[Peakoil] One of the World’s Largest Banks Thinks the Writing Is on the Wall for the Oil Industry

[Antony Broughton Barry]

Quote: "That’s the startling conclusion of a detailed new analysis for “professional investors” of the economics of EVs versus gasoline cars produced by BNP Paribas, the world’s eighth largest bank by total assets. 

The report is good news for humanity because it means peak oil demand may be less than a decade away, which in turn means ambitious climate goals will be more affordable than previously thought." 

Romm, Joe. “One of the World’s Largest Banks Thinks the Writing Is on the Wall for the Oil Industry – ThinkProgress.” Accessed August 11, 2019. https://thinkprogress.org/oil-faces-irreversible-decline-thanks-to-electric-cars-and-solar-warns-worlds-8th-largest-bank-d128101ef4a8/amp/?__twitter_impression=true 

Antony Barry
antonybbarry at me.com
Mob +61 433 652 400
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://act-peakoil.org/pipermail/peakoil/attachments/20190811/37afc6f6/attachment.htm