Quote:Singapore Budget 2020: Push to promote electric vehicles in move to phase out petrol and diesel vehicles
"Our vision is to phase out ICE and have vehicles run on cleaner energy by 2040," Mr Heng said, adding that this goal is for "both public health and climate change reasons".
https://www.straitstimes.com/singapore/t...and-diesel
Great start. I expect the timeline to be pushed earlier over the next decade as economic realities set-in.
(vested)
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger