How we get off fossil fuels looks very roughly like this:
- Generate electricity without burning stuff (wind, solar, geothermal, storage, and maybe nuclear if it’s cheap enough)
- Electrify everything we can (electric vehicles, elecrified mass transit, ebikes, heat pumps for home and district heat, nitrate fertilizer manufacturing, etc)
- Stop doing the things we can’t (a few industrial processes)
Yes, because they were good at building ICE cars and wanted to squeeze as much profit out of it as possible instead of investing in transition into EV. They still look at the next quarter instead of the next decade. So yeah, shortsighted.