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OPEC remain optimistic about the future of fossil fuels

Sage like words from Ambrose Evans Pritchard in yesterday’s Telegraph. OPEC’s optimism is at odds with the way the automotive world is changing. We imagine dealers in horses were similarly bullish when confronted with Mr Daimler’s first automobile.

Read about it at the Telegraph.

We think that the fifty year death throes predicted for the internal combustion engine is overly optimistic; the wave of capital and R&D focus already being directed at electric car and battery development is irresistible.  The Saudis and other Gulf oil producing states should be working out how to turn all that desert into a productive source of solar energy to power all those new cars in Africa.


News Headlines

Tesla will soon face serious EV competition from Porsche

Gas, nuclear and coal generators told to produce less electricity this summer

British Gas is increasing the cost of energy by 5.5% this month

VW is still dealing with the fallout from #dieselgate in the US

Audi is joining the all electric club with a new SUV

UK electricity demand being generated by renewables just keeps growing

Saudi Arabia is going to build the world's largest solar project

Electric air transport on the horizon

Spat between Aston Martin and Rolls Royce

National Grid planning a network of superfast chargers at UK motorway services

California is racing towards a solar future

Porsche and Daimler Benz increasing EV commitments

UK industry pays 33% more for electricity than the rest of Europe

Former Energy Minster pleas for government to bankroll expensive Swansea tidal lagoon

Gloucestershire drivers are leaders in the electric car uptake

A compelling business argument for solar

The potential for solar across Africa is huge

UK's reliance on imported gas could soon backfire

Fuel forecourt operators have a serious choice to make with EV charging

Mypower shine to win another Solar energy award