How Electric Cars and Renewables Could Beat Oil

<p>Solar and wind sent European utilities into financial disarray, and U.S. utilities are facing a similar fate. Are global oil companies next?</p><p><a href="https://docfinder.bnpparibas-am.com/api/files/1094E5B9-2FAA-47A3-805D-EF65EAD09A7F" target="_blank">A new report </a>from one of the world’s biggest banks, BNP Paribas, says that solar and wind paired with electric cars provide up to 7 times more useful energy for mobility than gasoline dollar for dollar. And that economic reality could hit oil companies sooner than they think.</p><p>“The oil industry has never before in its history faced the kind of threat that renewable electricity in tandem with EVs poses to its business model,” concludes the report.</p><p>This week, we’ll dig into the findings. How does it square with current projections for EV growth and oil demand?&nbsp;</p><p>Then, a regulatory surprise from the Trump Administration is delaying an 800-megawatt offshore wind project. It could also hurt other projects planned for the East Coast. Is this a careful step, or a cynical political move from a hostile White House?</p><p>Finally, 16-year-old climate activist Greta Thunberg is on her way to the U.S. — and she’s come under fire from the conservative media. We’ll look at the strange reaction to her rise and influence.</p><p><em>Support for this podcast is brought to you by&nbsp;</em><a href="https://en.sungrowpower.com/" target="_blank"><em>Sungrow</em></a><em>. With the world’s most powerful 250-kilowatt, 1,500-volt string inverter, Sungrow is providing disruptive technology for utility-scale projects.</em></p><p><em>Subscribe to&nbsp;</em><a href="https://www.greentechmedia.com/podcast/the-energy-gang" target="_blank">The Energy Gang</a><em>&nbsp;podcast via&nbsp;</em><a href="https://itunes.apple.com/us/podcast/the-energy-gang/id663379413?mt=2" target="_blank"><em>Apple Podcasts</em></a><em>,&nbsp;</em><a href="https://open.spotify.com/show/0GT5BuD33AiPnqOzQE7YAE" target="_blank"><em>Spotify</em></a><em>,&nbsp;</em><a href="https://ww