No
more petrol or diesel cars, buses, or trucks will be sold anywhere in the world
within eight years. The entire market for land transport will switch to
electrification, leading to a collapse of oil prices and the demise of the
petroleum industry as we have known it for a century.
This
is the futuristic forecast by Stanford University economist Tony Seba. His
report, with the deceptively bland titleRethinking
Transportation 2020-2030, has gone viral in green circles and is
causing spasms of anxiety in the established
industries.
