Articles by

David Koranyi

Will Electric Cars Destabilize the World?

By

David Koranyi

An accelerated adoption of electric vehicles would hasten the end of the oil era, and could cause significant geopolitical turbulence as producer countries heavily reliant on oil revenues will struggle to diversify their economies. We are already witnessing the destabilizing effects of low oil prices in the Middle East, while Russia’s aggressive behavior can also be partially explained by its domestic economic woes.