I work at a factory that makes components for electric vehicles, and also sells some stuff to defense contractors on the side. Two years ago, the Trump Administration completely fucked over my company by threatening previously-guaranteed CHIPS money and magically deleting Inflation Reduction Act measures intended to encourage adoption of EVs. Our demand dropped like a rock, we laid off 80% of our workforce, raises got frozen, equity turned to dust, etc. Then the US did Israel's bidding and started this asinine war with Iran. For a month there was nothing. Then the defense orders came trickling in. Then we couldn't keep those tools running fast enough. Finally, two months later, the EV stuff showed up like a flash flood in the Grand Canyon. Insane we were almost bankrupted by his stupidity, then saved by it. For my part, I'm going to try to upgrade my gas furnace to a heat pump before it gets cold.
The Iran War is going to decrease fossil fuel consumption globally for the first time since COVID.
Shame we're locked into ten more years of escalation. But we've actually turned a corner, believe it or not.
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