schizoidman@lemm.ee to Uplifting News@lemmy.worldEnglish · 1 year agoChina’s EV Boom Threatens to Push Gasoline Demand Off a Clifffinance.yahoo.comexternal-linkmessage-square111fedilinkarrow-up1587file-textcross-posted to: climate@slrpnk.net
arrow-up1587external-linkChina’s EV Boom Threatens to Push Gasoline Demand Off a Clifffinance.yahoo.comschizoidman@lemm.ee to Uplifting News@lemmy.worldEnglish · 1 year agomessage-square111fedilinkfile-textcross-posted to: climate@slrpnk.net
minus-squareLandsharkgun@midwest.sociallinkfedilinkEnglisharrow-up23·1 year agoIt’s Bloomberg. A rag for capitalists, by capitalists. Less fossil fuel use is bad for them because it hurts their portfolio.
minus-squareinfinite_ass@leminal.spacelinkfedilinkEnglisharrow-up1·1 year agoSo they’re trying to crash the oil stock?
minus-squareDozzi92@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoThey’re trying to motivate people to crash EV stocks to save their oil portfolios.
It’s Bloomberg. A rag for capitalists, by capitalists. Less fossil fuel use is bad for them because it hurts their portfolio.
So they’re trying to crash the oil stock?
They’re trying to motivate people to crash EV stocks to save their oil portfolios.