Automobile industry mandated toward a death spiral
By Ronald Stein |September 10th, 2022|Energy|271 Comments
Zero emissions at ANY COST seems to be the direction being mandated by governments and the Environmental, Social and Governance (ESG) movements around the world, to divest in fossil fuels.
The few healthy and wealthy countries of the United States of America, Germany, the UK, and Australia representing 6 percent of the world’s population (505 million vs 7.8 billion) that are mandating social changes to achieve zero emissions may be fueling (no pun intended) a death spiral for the automobile industry.
Simply put, in these healthy and wealthy countries, every person, animal, or anything that causes emissions to harmfully rise could vanish off the face of the earth; or even die off, and global emissions will still explode in the coming years and decades ahead over the population and economic growth of China, India, Indonesia, Japan, Vietnam, and Africa.
https://www.cfact.org/2022/09/10/automobile-industry-mandated-toward-a-death-spiral/?utm_source=rss&utm_medium=rss&utm_campaign=automobile-industry-mandated-toward-a-death-spiral
