Capitalism never regulates itself willingly. Furthermore, petrol engines are so well-made and designed today that environmental impact is virtually zero. Why change a winning formula for the capitalists? Well, it turns out that from 1945 onward Saudi Arabia has agreed to sell its oil supply using the “US dollar” in return for US military and poltical aid and immunity from Human Rights prosecution – whilst this deal has been renewed every so many years (the included audio link below – talks about the deal being renewed in 1957 – but I believe the deal began in 1945):
The problem is that this house of cards has come tumbling down this year – as the Saudi government has suddenly ended the deal with the US – whilst moving closer to China. This is why the US is demanding a switch to still poorly designed and inefficient EVs – to prevent a Muslim Middle East building its own currency (and income) that could rival the US – and oust Israel and its Human Rights abuses!
A minor consideration for the US involves Elon Musk (a rightwinger and Zionist) – who has used China’s huge workforce to cheaply assembly his own brand of EVs – whilst stimulating China’s internal market to build their own EVs – and sell them to the West. The US has responded to this by placing ridiculous tariffs (as much as 200%) on all Chinese EVs imported into the West (a draconian policy followed by the UK and EU, etc) – a markup which renders these cars virtually unsellable! I envisage a time when we will all be queuing-up with our EVs at petrol-pump type chargers – and be paying about the same for a fully charged battery – as we used to do for a full tank of petrol!
