Although good news, maybe do something about the fact that every minute 13 million dollar in subsidies is going to fossil fuels… In 2022 the total was 7 trillion, dwarfing the 1 trillion for renewables (globally)
Source: IMF
Would fossil fuels even be profitable anymore if the subsidies were removed, or is the recent history of fossil fuels just a tale in wealth extraction and collusion by a dead industry?
They absolutely would be profitable, it’s just that those costs would then be passed on to the consumer. People would see energy costs skyrocket to make up the difference.
The oil companies still have a product most of the world needs and people will (and have) killed to get it. We’d rebel against a government they tried
In order to get passed oil we need to move to alternatives like EVs.
Im still not used to pirate Olaf
jeez… just noticed, what happened?!?
He fell while jogging.
Pulled the wrong lever.
This is the best summary I could come up with:
MUNICH, Germany, Sept 5 (Reuters) - German Chancellor Olaf Scholz lauded the German car industry’s efforts at electrification at Munich’s IAA car show and condemned protests as “irritating” as he announced a new law to expand the number of electric vehicle charging stations.
Scholz said that the coming weeks will see Germany become “the first country in Europe to introduce a law requiring operators of 80% of all service stations to provide fast-charging options with at least 150 kilowatts for e-cars”.
Sporting an eye patch after a jogging accident at the weekend, Scholz did not give a time frame for the initiative.
Europe’s biggest economy has only 90,000 public charging points but is targeting 1 million by 2030 to boost EV take-up.
High prices, limited range and a lack of charging stations, especially in rural areas, have been cited as the main reasons for the lag in EV sales.
While Western carmakers fret over intense competition from Chinese rivals, major German auto suppliers told Reuters at the mobility show that they were eager to expand existing partnerships in China and provide those rising manufacturers with European-made parts.
The original article contains 453 words, the summary contains 187 words. Saved 59%. I’m a bot and I’m open source!
Does the legislation say anything about the number of chargers at each service station?
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As they banned nuclear that means it’ll be all power coming from coal burning?
Yes because we have nothing else and never will.
And Russian LNG!
🥱
