February 2 Energy News
Opinion:
¶ “Surge in electric cars may blindside big oil” • Oil companies are underestimating the global market for electric vehicles and could be caught unaware by weakened demand for petrol within a decade, according to a report, jointly issued by financial think tank Carbon Tracker and the Grantham Institute, both based in London. [Guardian]
Faraday Future’s FF 91 prototype (Photo: AFP / Reuters)
¶ “Moving Backward On Fuel Economy Standards Is A Bad Deal For America” • Automaker CEOs apparently lobbied President Trump to weaken strong fuel economy standards during a White House summit. Moving backward on fuel economy standards, however, would threaten our health, energy security, jobs, and investments. [CleanTechnica]
¶ “New coal plants wouldn’t be clean, and would cost billions in taxpayer subsidies” • Major Australian energy companies have ruled out building coal plants. The Australian Energy Council sees them as “uninvestable.” Banks…
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