241–250 of 308 posts
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Where are you paying $200/month for insurance and registration? For a $20k car?
Is that a lot? I pay less than that for full coverage on two cars and liability only on one.
It seems really unlikely to me that 2 weeks worth of high oil prices is anything more than a rounding error in BYD's years (decade?) long bet on electric cars. Even if they tripled their sales for the last two weeks, it wouldn't be relavent to if their bet will ultimately pay off.
Extrapolate this into a forever war where oil is increasingly expensive week after week.
We don't know what the future holds for this conflict or oil prices in general. Maybe it ends tomorrow, maybe its a decade long affair.
If one removed the country names and just looked at where investment (focus, planning, and money) was, we would see two greatly different pictures. One country is disincentivizing or even blocking renewable energy production, rolling back climate protection measures, trying to revitalize the coal industry, slashing investment in scientific research of all kinds, demonizing higher education, and spending vast and rapi…
> in two decades While I agree with your overall point, I'm reminded of "the market can stay irrational longer than you can stay solvent" here. The US is a huge economy with a massive military infrastructure. I don't think it's fading to fallen empire status that quickly.
1950 The UK is not that or anything like it.
Today. Does anyone really care much about what the UK says or does on the world stage? Ordinary British are better off now than 1910 and it isn't close.
So what you say is obviously true as long you define "quickly."
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I thought the same thing. Incredibly short term thinking at the corporate and government level to flip flop. Meanwhile Norway is now 97% EV sales and covered in chargers north to south. Not to mention China's fierce EV market domestically.
Norway is an exceptionally rich country due to oil with huge incentives towards EVs. Don’t extrapolate
Sure. But the numbers are certainly trending in a direction that US doesn't seem to want to go in. So, it is what it is, I suppose. Draw your own conclusions.
There is no world in which (so called sensible) environmental policy could have done as much for the environment as going to war to jack up fossil fuel prices. Yes including direct environmental disaster of burning oil wells etc.
The cost of this to the USA has been absolutely massive and will get very much higher. Agonizingly so. The moral dimension is absolutely sickening.
There is nothing else that would have worked in the USA to cut consumption and force alternative energy adoption. This also "works" globally. All other environmental policy failures are dwarfed in comparison with the effect of pushing the price up massively and there is literally no other way to successfully do that. Eg any tax would be repealed by the opposition after they took the next election in a landslide. Think through how any alternative could possibly work, especially given that the corruption disease shows no signs of being treated, let alone effectively so.
The reality of it is heartbreaking. War, destruction and death is how we actually get off fossil fuel addiction as a planet. I wish that wasn't true. I still do not support war or defend it. It's wrong.
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> in two decades While I agree with your overall point, I'm reminded of "the market can stay irrational longer than you can stay solvent" here. The US is a huge economy with a massive military infrastructure. I don't think it's fading to fallen empire status that quickly.
1910 The UK is the biggest, most powerful empire the world has ever seen. 1950 The UK is not that or anything like it. Today. Does anyone really care much about what the UK says or does on the world stage? Ordinary British are better off now than 1910 and it isn't close. So what you say is obviously true as long you define "quickly."
Earlier quoted context omitted.
1910 The UK is the biggest, most powerful empire the world has ever seen. 1950 The UK is not that or anything like it. Today. Does anyone really care much about what the UK says or does on the world stage? Ordinary British are better off now than 1910 and it isn't close. So what you say is obviously true as long you define "quickly."
Much of the UK's decline from 1910 to 1950 was from spending its money funding WW1 and WW2. Hopefully we don't get world wars soon.
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Wholesale power market prices are responding to shocks in the natural gas market from two wars that disrupted those supply chains. Solar and batteries have been and will continue to he the cheapest source of power, and globally, deployment is accelerating. Not so much in the US, where our braindead political culture is intent on ignoring the obvious economic advantage of renewables, but definitely everywhere else in…
> Solar and batteries have been and will continue to he the cheapest source of power, and globally, deployment is accelerating. I think storage is great and solar has a place, but this is not true unless you discard reliability and other features, which should be in the price. Solar plus storage for baseload power matching requires huge overbuilds. Even in the last few years, before the AI hype, installed utility sca…
People have been saying that solar will never work for my entire life, and my entire career in clean energy, as I have watched it grow and grow and grow and grow.
You’re right that the interconnect queue is broken. Many, many people are working on this problem. Believing that an extremely tractable bureaucratic hurdle means that solar can’t work is madness.
If one removed the country names and just looked at where investment (focus, planning, and money) was, we would see two greatly different pictures. One country is disincentivizing or even blocking renewable energy production, rolling back climate protection measures, trying to revitalize the coal industry, slashing investment in scientific research of all kinds, demonizing higher education, and spending vast and rapi…
US has fossil energy and its actually on the front lines in innovation including green energy, so it will probably be fine. IMHO the main risk would be whatever hapen to the Japanese mobile phone industry happening to US. That is, US will probably end up developing lots of very cool US specific tech that people will talk about how impressive it is but no one will be interested in actually buying it because everyone e…
We’re not developing cool tech if we don’t have the industrial capacity to make it or a domestic market. We’ll just get poorer and further behind.
Genius strategy by the USA to disincentivize EVs, disincentivize solar and wind, increase dependency on oil & gas, and...start a war that makes oil and gas more expensive for everyone. Markets are now forecasting oil prices will stay above $100 a barrel for multiple years . Best of luck to the economy.
War with Iran was inevitable - either US/Israel starts it or Iran starts it - when they get the upper hand. And that war was bound to disrupt oil supply. Don't forget their goal is death to America and Death to Israel. That's what they've been arming themselves for for decades. That's what they're trying to build nuclear bombs for. They had to be stopped eventually and that was always going to be uncomfortable for wh…
