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Australian Plan to Ban Petrol and Diesel Cars

posted by martyb on Sunday April 07 2019, @02:43AM   Printer-friendly
from the Gotta-ban-them-all dept.

An Anonymous Coward writes:

An Australian Parliamentary committee has recommended that petrol and diesel cars be phased out in favour of electric vehicles in a report. This is not yet law but shows that the government is serious about reducing the dependency Australia has on oil and reducing greenhouse emissions.

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  • (Score: 2) by NotSanguine on Sunday April 07 2019, @04:55AM (3 children)

    by NotSanguine (285) <{NotSanguine} {at} {SoylentNews.Org}> on Sunday April 07 2019, @04:55AM (#825652) Homepage Journal

    Do you have a problem reading entire sentences? I said:

    As prices come down (and they already are doing so) and the technology (especially power storage) improves, more manufacturers will see the money rolling in to companies like Tesla and jump on the bandwagon.

    I didn't say that money *is* rolling in. I said that as prices come down it will.

    Which is generally how it works in most new market segments. Better technology and economies of scale bring prices down, those in the segment early clean up, and are then faced with competition from new entrants.

    --
    No, no, you're not thinking; you're just being logical. --Niels Bohr
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  • (Score: 0) by Anonymous Coward on Sunday April 07 2019, @05:24AM (2 children)

    by Anonymous Coward on Sunday April 07 2019, @05:24AM (#825663)

    > Do you have a problem reading entire sentences?

    My interpretation of what you said is based on "normal business" development--

    https://en.wikipedia.org/wiki/History_of_Tesla,_Inc. [wikipedia.org]
    Tesla (started 2003) has already had 15+ years. Most companies I know are either profitable in five years or they go out of business, including mine (took just about five). How long are you willing to give Tesla?

    This guy says four years for startups, https://www.startups.com/library/expert-advice/how-long-will-it-take-for-my-startup-to-be-successful [startups.com] , but big success might take seven to ten. Looks to me like Tesla is quite an outlier (compared to most startups), and I'm inclined to think it has survived on "Elon fever", not normal development and financials.

    In the larger car market, there has been concern for some time about who is going to be buying all the electric cars that are in the pipeline, for example, https://www.reuters.com/article/us-autoshow-paris-electric-squeeze-analy/electric-cars-cast-growing-shadow-on-profits-idUSKCN1MB2GD [reuters.com]

    It's probably not going to be me. I can afford an electric car but I don't see one in my future, partly because I don't want *any* new car, they all want to spy on me.

    • (Score: 2) by Immerman on Sunday April 07 2019, @02:54PM (1 child)

      by Immerman (3985) on Sunday April 07 2019, @02:54PM (#825789)

      Most startups don't actually do anything really new. Facebook, ebay, Amazon - just a bunch of not-particularly revolutionary software running on commodity hardware. The "innovation" was in the business plan, not the technology. To say nothing of the thousands of bakeries, widget-makers, etc. that are just doing what has been done countless times before, with slight variations.

      One of the reason we see so little real innovation is precisely because so many people have become accustomed to a fast return on investment. Low risk, fast return = can't try anything really new.