In it, BNP Paribas introduces the concept of Energy Return on Capital Invested. Conclusion: “The economics of oil for gasoline and diesel vehicles versus wind- and solar-powered EVs are now in relentless and irreversible decline, with far-reaching implications for both policymakers and the oil majors.” This is a 4 minute slideshow summary for busy folk of this potentially game-changing report.
Those who would like the original powerpoint, with source urls as notes, can find it – with all my other source files, for free use – in this folder.