Malinvestment

That's what you get when you let government subsidize technologies, rewarding PR and political skills over technical merit. For example:

While most of the green automobile attention in recent years has been focused on electrification, liquid fuels still have about 100 times the energy density of today's best lithium-ion batteries, a difference that probably won't change significantly any time in the near future.

Hydrocarbons have emerged as the leading fuels for a reason. Carbon is not our enemy, folks. It's the basis of life on this planet, after all.