This is a critical point: *today*, even in countries that don’t introduce policies & measures to support it, consumers can unilaterally enact electrification and demand destruction
Kate Mackenzie
This is the first oil crisis in which alternatives to oil and gas — solar panels, EVs, batteries, induction stoves heatpumps — are cheap and easy to get.
These flying off the shelves already...
This has reporting from 10 countries
www.bloomberg.com/news/feature...
EVs, solar panels, induction stoves and heat pumps, now cheaper than ever, are becoming more attractive as the conflict upends oil and gas markets.
