This nonsense has significant economic consequences even when there is no overt government action. Take a good look at the auto industry and be very, very reluctant to invest your hard earned money in that industry. The major auto manufacturers have replaced solid market research with policies rooted in political correctness and pseudoscience. They have invested as an industry hundreds of billions of capital into the researching, developing the technology and infrastructure and the production of electric vehicles. Unfortunately most consumers prefer and will only buy cars and trucks that feature the reliability and convenience of the internal combustion engine. electric vehicles sit unsold or are sold at money losing discounts. The huge investment these companies have made is returning nothing on investment. The debts remain. The dead money is squandered capital that will drag the auto industry down for a very long time. Be very careful where you invest.
With only 11 1/2 years left of life (according to these warmist loser anti-science nitwits), I guess my give-f*** is emerging. Since we all will be dead soon, Let’s PARTY! Maybe I’ll go out this afternoon and burn a few old tractor tires to celebrate my becoming “woke”.
Convenient because there are lots of gas stations for a quick fillup. But electric motors and batteries are pretty reliable. The main problems are battery range and battery life. Those are solvable but that also means that existing designs will become obsolete.