Five Reasons Why Internal Combustion Engines Are Here to Stay

Oil prices are down and bans on automobiles powered by internal combustion engines (ICE) are up – way up. But don’t be fooled; there is plenty of life left in the ICE.

To be sure, there’s lots of momentum propelling the electric-vehicle market, including the recent inclusion of Tesla in the S&P 500. But oil-fired cars are here to stay, and there are five big reasons why. Before I get to them, though, a quick review of the bans.

These moves have helped fuel the belief that, as one analyst put it, “the combustion engine is dead.” That claim is dubious for several reasons.

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https://www.realclearenergy.org/articles/2020/11/29/five_reasons_why_internal_combustion_engines_are_here_to_stay_651051.html

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