The CEO of Shell has announced that his next car will be electric. He's already picked it out too, a Mercedes S500e plug-in hybrid that he'll pick up this September. He was making the switch from a diesel car. The Chief Financial Officer of the company drives a fully electric BMW i3 as well.
Perhaps even more stunningly, he predicts peak oil before 2030. That clears the vast majority of estimates by years. The EIA, IEA, and BNEF all predict rising oil demand until at least 2040. Fittingly, Shell has also upped their investments in alternative energies to $1 Billion a year, with plans to increase that further.
With the CEO of Shell making the switch, and several large oil companies predicting peak oil in 20 years or less, chaos could be coming to the markets soon.
Image Sources: 1
when "Britain at times gets 10 percent to 20 percent of its electricity from solar photovoltaic panels" it might be even sooner than 2030.. https://www.bloomberg.com/news/articles/2017-07-11/remember-peak-oil-demand-may-top-out-before-supply-does
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the article!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's very cool friend.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think so :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank'
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good artikel
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit