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Podcast: Energy Gang
Episode: How Electric Cars and Renewables Could Beat Oil
Description: Solar and wind sent European utilities into financial disarray, and U.S. utilities are facing a similar fate. Are global oil companies next?A new report from one of the world’s biggest banks, BNP Paribas, says that solar and wind paired with electric cars provide up to 7 times more useful energy for mobility than gasoline dollar for dollar. And that economic reality could hit oil companies sooner than they think.“The oil industry has never before in its history faced the kind of threat that renewable electricity in tandem with EVs poses to its busi...