While a Trump presidency couldn’t slam the brakes on the E.V. transition, it could throw enough sand in the gears to slow it down. And that might have significant consequences for the fight to stop global warming.
And you don’t see any link between ditching your ICE car and “Saudi Arabia quits drilling for oil”? Better to ditch your ICE car for no car, of course, but if you HAVE to have one, the smallest EV you can get away with is a step towards stopping that oil drilling. If everyone did it, that drilling would change dramatically
Do you think it will work that way?
The more people switch to EVs the cheaper fuel will be, which incentivised people to drive ICE vehicles.
More people driving EVs won’t make (oil-based) fuel cheaper. Every person getting off oil makes producing oil-based fuels more expensive, as the economies of scale are reduced.
Go to extremes if that helps picture it: imagine you’re suddenly the only person on Earth driving an ICE car. How much would you be paying for a fill-up, which now involves finding, extracting, shipping and refining fuel just for you: more than today or less than today?
Fuel prices halved during covid when everyone stayed home.
All the infrastructure is in place, the fuel needs to be sold.
Reduced demand will only reduce production of fuel from more expensive wells, like where the oil is more difficult to reach.