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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: miraje who wrote (1455969)5/10/2024 1:48:06 PM
From: maceng21 Recommendation

Recommended By
D.Austin

  Read Replies (2) | Respond to of 1578305
 
The renewable business, imho, would fare better if left to more open market forces. National governments could encourage it using various strategies as oil and hydrocarbons generally do have issues. It makes a lot of sense to have energy generation close at home.

They don't have to go the full commie Josef Stalin though and turn into a compulsory 5 year plan etc. Just look how many times Mao Zedong screwed up with his "Top Down" edicts.

Capitalism is not a bad thing. Natural markets fine their own stability and are far smarter then any individual or organisation. The concept of money needs work, but capitalism is OK.

Same with EV's. Let the market make most of the decisions.



To: miraje who wrote (1455969)5/10/2024 8:39:44 PM
From: miraje3 Recommendations

Recommended By
D.Austin
Doren
longz

  Read Replies (1) | Respond to of 1578305
 
the legacy auto companies are caught in a trap

Mercedes the latest to shit can their EV sales fantasies..

foxbusiness.com

Mercedes pumps the brakes on EV goals after profits drop

Mercedes-Benz CEO says automaker will continue to make gas-powered vehicles for years longer than planned

Mercedes-Benz reiterated this week that it will continue to produce gas-powered vehicles well into the next decade, acknowledging its goal for producing nothing but electric vehicles is not going as well as the company hoped, amid a decline in profits.

"We want a CO2-neutral fleet by 2039," CEO Ola Källenius said in prepared remarks to shareholders at the automaker's general meeting on Wednesday. "However, the transformation might take longer than expected." (considerably longer, LOL!)