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An article in CleanTechnica describes how we are in a carbon bubble. Renewable energy sources are expanding quickly at reduced cost, leading to a likely mass stranding of fossil-fuel related assets as fossil fuels become more expensive than renewable sources of energy.
The current push for natural gas (and with it the related push for hydrogen fuels) is the last gasp of the fossil fuel industry. Hydrogen as a fuel source can only economically be produced from fossil fuels and hence provides no net reduction in carbon emissions, but the fossil fuel lobby are trying to convince people that it is a viable alternative to electric cars.
When the carbon bubble does burst, the impact on asset valuations is likely to be huge, with consequent impact on the larger economy.
Where do you plan to be when the carbon bubble pops?
(Score: 2) by BasilBrush on Tuesday January 17 2017, @06:08AM
You don't seem to realise that even now, electric vehicles cost a fraction to run compared with fossil fuel powered vehicles.
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(Score: 0) by Anonymous Coward on Tuesday January 17 2017, @07:53AM
But fossil fueled cars cost fraction of what usable electric cars do. You'll never get the difference back just by using cheaper fuel, when the idea seems to be to make people exchange the vehicles every couple of years, because of "safety" and other bullshit.
If i'll get an electric car, it'll be a conversion from gasoline to electric. I want to keep my good cars. Unfortunately here, it's not going to happen.
(Score: 2) by bob_super on Tuesday January 17 2017, @08:12AM
I drive a car that would be just over 10k$ if new, but it's 6 years old. And I use less than a thousand dollars of CA-priced gas+oil for my work commute each year (200 miles a week at >37mpg).
I should have bought a V8 pickup instead, the math would work for an electrical replacement.
Maybe in five or fifteen years, depending on how fast my car falls apart, and the price of used electricals then.
Many people are like me. Electric miles are cheap, but a 20k$ Leaf barely makes sense for many use cases, a 35k$ Bolt/Tesla3 even less. At 54k$ median income, that's a hefty downpayment for most.
(Score: 2) by Kromagv0 on Tuesday January 17 2017, @03:54PM
Hey don't you go being rational and all. We will have none of that here, either you love mother Gaia or you drive an F350 powerstroke that you have boosted the hell out of so it is putting out almost 900hp and inject a bit of oil into the exhaust stream to get some extra black smoke.
I am in a similar boat I paid $9000 for my car 3.5 years ago it gets 35-36 mpg on the freeway and I drive 25000-30000 miles a year. I have a longer commute that would be viable in any EV except the spendy Teslas add in that I have a lake lot and tow stuff up there (that car gets 27mpg towing) with no power on site that is a ~270 mile round trip and an EV doesn't yet fit my use case. They may in the future and during deer season if the Holiday Gas station in the nearby town had an EV charger I wouldn't mid going in and using a warm bathroom, having a warm drink, and reading the paper for half an hour while the vehicle charges up as I end up doing that a couple of times anyway during deer season just to get out of the cold.
T-Shirts and bumper stickers [zazzle.com] to offend someone
(Score: 2) by BasilBrush on Wednesday January 18 2017, @06:14AM
No one said EVs were suitable for all use cases yet.
And by the way, the new Renault Zoe has a 250 mile range, and the Bolt 300 miles. So it's not just Teslas that have the range any more.
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(Score: 2) by Kromagv0 on Wednesday January 18 2017, @06:05PM
No one said EVs were suitable for all use cases yet.
I know that and as a household we are considering replacing my wife's car with an EV as she fits the use case for them now with her maximum daily drive of 60 miles with most day it being close to 5. In my family only myself, my brother-in-law, and father couldn't have all of our driving needs met by existing EVs. In all of our cases the problem is some combination of needing longer range, range with towing, or vehicle size but then I realize that we really are the exceptions now.
And by the way, the new Renault Zoe has a 250 mile range, and the Bolt 300 miles.
Well being in the US the Renault Zoe isn't an option unless we are importing Renaults again and I am unaware of it. I do still wonder about towing with something like the Bolt given the substantial drag from the trailer and my drop of 35-36mpg down to 27 I would expect a similar if not greater drop in range from an EV since they tend to be more aerodynamic than my E46 BMW. That said I wouldn't mind one if it can meet my needs or the gas station up in the town nearest my lake lot has a fast charging station.
T-Shirts and bumper stickers [zazzle.com] to offend someone
(Score: 2) by BasilBrush on Wednesday January 18 2017, @06:08AM
If you are comparing to a $10k ICE, you should be comparing to a base level Renault Zoe, not a Leaf.
I'm not saying it'll be cheaper. Put total cost of ownership over the life of the car will be. Life, not one year.
Don't forget that servicing will be a lot cheaper on the EV too. Less to replace at services, less to go wrong.
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(Score: 2) by bob_super on Wednesday January 18 2017, @05:41PM
Well, there is the minor detail of the Zoe only being sold in Europe...
(Score: 2) by BasilBrush on Monday January 23 2017, @07:17PM
Sucks for you. It's a cheap EV with excellent range.
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(Score: 2) by bob_super on Monday January 23 2017, @07:27PM
Agreed