I think it is probably fairly accurate, and the article doesn't even mention the extraction industries that mine the iron for steel or rubber for tires and that sometimes these companies are subsidized by the government, or that we pay in the end for the environmental damage caused by the mining, etc.
Gary
Roses are red, violets are blue. Some poems rhyme and some don't. And some poems are a tiny ad.
Switching from electric heat to a rocket mass heater reduces your carbon footprint as much as parking 7 cars