TreesForTheForest

TreesForTheForest t1_jco6g5z wrote

I work at a much larger financial institution than SVB. Let me translate: our managers did a shitty job of managing risk. Because they were not competent enough to use telephones, zoom, email and instant messaging to connect effectively with others in the organization, they did not understand they were doing a shitty job until it was too late.

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TreesForTheForest t1_j0icn7x wrote

There is literally no way for oil companies to significantly slow EV adoption through rolling out charging stations. The idea that they would spend hundreds of millions or billions to roll out charging stations internationally, then have some high, but not blindingly obvious mega percentage, of those be inoperable to undermine confidence in EV tech demonstrates a fundamental lack of understanding of free markets, the technologies involved and human psychology. This is like believing there were 100 mpg carburetors, cold fusion devices or perpetual motion machines that the oil companies bought and shelved to protect fossil fuel revenue.

Oil companies have obviously fought to slow alternative energy adoption, but not like this.

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