One of the world’s largest banks thinks the writing is on the wall for the oil industry

“Even worse for oil, this economic analysis doesn’t even factor in many of the other benefits of running cars on renewable power rather than oil. These include the vast public health benefits of not breathing air pollution from burning oil, along with the benefits of not having huge oil spills and of not destroying a livable climate.”

One of the world’s largest banks thinks the writing is on the wall for the oil industry

“We think the economics of renewables are impossible for oil to compete with.”

 

One of the world’s largest banks thinks the writing is on the wall for the oil industry

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