2001400ex wrote:
That being said, there's billions of dollars going into stifling research. The oil companies, instead of being on the leading edge of it, are trying to fight it as oil is more profitable now.
This actually not true. If it wasn't for Exxon and other oil companies investing in solar power research in the 60's and 70's, then we would be decades behind what we are today. Exxon is also has purchase agreements with Lincoln Clean Energy LLC.
Other oil companies have made similar investments in renewable energy as well such as converting carbon in the air to fuel(
Carbon Engineering). This technology actually has the ability to reverse the amount of carbon in the air. If everyone converted to BEV's, then the funding of this research to actually reverse our carbon footprint will dry up.