Sinopec says gasoline demand will peak this year

https://www.bloomberg.com/news/newsletters/2023-08-29/china-reaches-peak-gasoline-in-milestone-for-electric-vehicles

BNEF journalist Colin McKerracher summarizes trends in China predicting a peak in fossil transport fuel: electric vehicle car sales, two and three wheeled electric kilometers traveled, electric trucks reaching the tipping point and ride hailing legislation.

52 points · 1 comments · view on lemmy.world

1 Comments

Edgelord_Of_Tomorrow@lemmy.world · 5 pts · 3y

Great news, the petrodollar props up too many despotic cunts.