this post was submitted on 12 Sep 2023
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Capitalism only in theory makes good business ideas happen by itself. The reality is that opportunism, stranded assets, and ideologival affiliations are in the way.
It is a good business idea, when EVs become the standard. But for the fossil lobby making that happen as lare as possible or preventing it in the first place will always be more attractive, as that is the business they are invested with hundreds of billions in, that is the business where they have the control and that is the business where they have the network of autocracies and corrupt governments doing their bidding.