Submitted by filosoful t3_126fvwf in Futurology
federykx t1_jea3ffj wrote
Reply to comment by redduif in The EU Parliament and Council agree to mandate charging stations every 60km by 2026 by filosoful
>if it makes gas demands decline, it might lower gas prices.
short term yes, long term no. It will cause the collapse and resizing of the fossil fuel industry which will end up making fossil fuels more expensive in the long run. No more subsidization, no more economies of scale for equipment manifacturers, no more R&D, will probably be slapped with hefty carbon taxes at some point.
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