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Tony Seba will prove to be prescient on these issues. Brilliant...

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Jehosephat

2,728 Posts.

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15/05/17

17:39

Post #: 24699609
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Originally posted by phily ↑

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.

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Tony Seba will prove to be prescient on these issues. Brilliant guy. Check him out here:

http://tonyseba.com/

GXY Price at posting: 47.5¢ Sentiment: Buy Disclosure: Held
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