This begs a larger question of how petroleum mega corps are going to weather the transition to electric vehicles. Looking at BP, margins are really poor. They have $22 Billion in cash vs. $11 Billion operating expenses and $24 Billion in debt. There is time: in March, 2% of new vehicles sold in Europe were BEV. On the other hand, the total spend on electricity per mile driven is 1/3 that of petrol. That means a compl…
> They are toast Oil and gas majors are super cortexes of geological, chemical, industrial, logistical, geopolitical and material science expertise.
Germany will require all petrol stations to provide electric car charging
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Yes, they have tons of expertise, but it is mostly in different fields than renewable energy. And their management has the wrong people, from the top to the bottom.
Re: Germany will require all petrol stations to provide electric car charging
#192Earlier quoted context omitted.
Why would you make any of this mandatory? If people are willing to pay for this service, someone will be eager to make a buck and supply.
While I would usually agree with your line of thinking, I'm not sure it applies here as well. There is more money to be made in not providing the service and slowing down EV adoption, environment be damned. That makes it the perfect situation for the government to jump in and re-align those incentives.
Just charge an carbon tax. That should give people the right incentives.
(Including eg just drive your existing cars less. 50% reduction in driving existing cars is as good or better for the environment than eg 50% conversion to electric cars. But I don't expect the government to know what is better for the customer.)