Societies have been through revolutions thanks to energy evolutions, that’s one of the key takeaways from a new energy report written by Stephen King. HSBC’ s Senior Economic Adviser.
Mr. King argues that since Roman times, humans have been held back by energy limitations and new energy discoveries have helped drive enormous changes in societies as they’ve been developed. This, he argues, is precisely what we see today with the development of the electric car. The development of electric vehicles will result in a drastic way energy is produced, stored and transported, factors that are already having an impact on society.
[buffett]


