Six to seven times cheaper to power cars by renewables than oil: BNP Paribas

French bank's calculations of the energy return on capital invested shows that oil is now in 'relentless and irreversible decline' for light-duty vehicles

A Nissan Leaf being charged.
A Nissan Leaf being charged.Photo: Getty
Published 8 August 2019, 09:27Updated 10 September 2019, 14:38