Guest smack-down by David Middleton
Hat tip to Clyde Spencer?
The Oil Age Is Coming to a Close
Bloomberg October 29, 2019
(Bloomberg Opinion) ? The oil industry faces an uncertain future. The world is rapidly waking up to the severity and immediacy of the threat from climate change. At the same time, electric vehicles are getting cheap enough to compete with internal-combustion engines. BloombergNEF expects electrics to begin taking over in about a decade:
Noah Smith is a Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion.
Which is it?
Does ?the oil industry face an uncertain future?? Or is ?the Oil Age coming to an end?? ?The Oil Age is coming to an end? doesn?t sound very uncertain to me. Or maybe Former Professor Smith listened to too many Doors albums in…
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