Todays Fin Review : http://www.copyright link/business/...eport-from-stanford-economist-20170514-gw4r0u
Extract of first few paras below:
No more petrol or diesel cars, buses, or trucks will be sold anywhere in the world within eight years. The entire market for land transport will switch to electrification, leading to a collapse of oil prices and the demise of the petroleum industry as we have known it for a century.
This is the futuristic forecast by Stanford University economist Tony Seba. The professor's report, with the deceptively bland title Rethinking Transportation 2020-2030, has gone viral in green circles and is causing spasms of anxiety in the established industries.
GXY Price at posting:
47.5¢ Sentiment: Hold Disclosure: Held
