31–40 of 164 posts
Earlier quoted context omitted.
Fun fact. Afghanistan has huge lithium resources. https://nytimes.com/2010/06/14/world/asia/14minerals.html
Oh, well never mind then: Afghanistan has much better labor protections than the Congo /s
Good. Bloomberg estimates the transition will be a $10 trillion upside for those upgrading and replacing fossils[1]. It remains to be seen who the winners will be. Incumbents (Excelon, Shell, SA, etc.) have market share, but will have to strand trillions of assets and reserves. Newcomers (Tesla, etc.) have to survive the energy boom-bust cycle that early fossil went through. My money is on the newcomers (my startup i…
can you link to or provide a little more info on the "boom-bust cycle that early fossil went through"?
Every time I see someone make the argument that "all cars will be electric by 20XX" I feel like they are incredibly sheltered from rural life. The US is HUGE! Sure the majority of commuting could be replaced by electric cars but I've seen no evidence of them being able to replace ICEs for the "I want to go skiing/kayaking/hiking (pick an activity where your car sits on the side of the road all day) 2 hours away and r…
Which is to say, ICEs will never go away. But at some point you'll have to be rich enough to own and supply your own gas station to operate one.
Not many people know the relationship between oil and the US dollar. The golden age of the US dollar was the Bretton Woods system, where every currency was backed in dollars and dollars were backed in gold. There was however no obligation for the Federal Reserve to accept audits of any kind to validate there was enough gold. Therefore the US could print money at will (and it did), until countries such as France start…
You are ignoring history. The US is the one (of 2) major countries to: * NOT have been invaded/conquered * NOT had major currency hyperinflation/devaluation * long lasting (centuries at this point) * currency reissue/replacement The other arguable is the UK and the pound.
Earlier quoted context omitted.
The argument that counters this is that hailed rides will be cheaper than driving what you already have. You don't need to make a new purchase to switch. Even if you have a recent model sitting in the driveway, you may choose to save money by hailing a car rather than driving your own. I don't know if it'll play out like that, but the article is pretty convincing.
Hailed riding only works locally, and there's already public transit cheaper than ride hailing; if you leave your metro area at all i'd bet this assumption that ride hailing is cheaper quickly falls off. Hell, many US cities don't even have uber yet.
Everybody will still own their car, and use it just for long-haul trips. Daily commuting to work could be cheaper in a hailed (electric) car than driving your own (gas) car.
Every time I see someone make the argument that "all cars will be electric by 20XX" I feel like they are incredibly sheltered from rural life. The US is HUGE! Sure the majority of commuting could be replaced by electric cars but I've seen no evidence of them being able to replace ICEs for the "I want to go skiing/kayaking/hiking (pick an activity where your car sits on the side of the road all day) 2 hours away and r…
It's not going to get any less solved over time.
People will own cars individually for the same reason that people own horses now - they enable a specific kind of activity, or a native appreciation for the object in itself. Certainly motorsport is not going to die any time soon.
What percentage of automobiles are used for touring and racing? I'd guess it's around 3% looking at my state's DMV figures, but form your own opinions I suppose. (A good proxy: Motorcycles are owned largely by the kind of people I'd expect would continue to own cars - 140k out of 4.2 million registrations in my state)
There's about 1 non-passenger-vehicle for every 4 people. I'd guess we see vehicle ownership and registration by private citizens drop to about that number - so 50% reduction total.
Every time I see someone make the argument that "all cars will be electric by 20XX" I feel like they are incredibly sheltered from rural life. The US is HUGE! Sure the majority of commuting could be replaced by electric cars but I've seen no evidence of them being able to replace ICEs for the "I want to go skiing/kayaking/hiking (pick an activity where your car sits on the side of the road all day) 2 hours away and r…
Unless you're going 300mi+ in a day(which is 6+ hours of driving) you're fine. Even if you are large parts of electric charging infrastructure is coming online at a rapid pace.
Take for instance the Olympic Peninsula. Used to be really hard to get to via EV. There's now a Supercharger in Sequim and Aberdeen with another planned for Forks. If you have electricity all the fundamentals for the infrastructure are there.
Good. Bloomberg estimates the transition will be a $10 trillion upside for those upgrading and replacing fossils[1]. It remains to be seen who the winners will be. Incumbents (Excelon, Shell, SA, etc.) have market share, but will have to strand trillions of assets and reserves. Newcomers (Tesla, etc.) have to survive the energy boom-bust cycle that early fossil went through. My money is on the newcomers (my startup i…
can you link to or provide a little more info on the "boom-bust cycle that early fossil went through"?
http://www.energytrendsinsider.com/2015/11/04/boom-to-bust-5...
This is extremely typical in the history of energy (wood, coal, oil, solar, nuclear, wind, and on and on) because of the speed at which things move. First, you come up with a new innovation, pump capital into building tons of it (the boom). Then, someone else comes up with an innovation, which busts you.
It's fundamentally impossible to defend an advantage/monopoly long term in energy (except with governments, e.g. utilities). Coincidentally, this is why we don't see much VC participation in energy, and when they do participate, they usually lose their shirt. The competitive fundamentals of energy aren't compatible with monopoly seeking.
Every time I see someone make the argument that "all cars will be electric by 20XX" I feel like they are incredibly sheltered from rural life. The US is HUGE! Sure the majority of commuting could be replaced by electric cars but I've seen no evidence of them being able to replace ICEs for the "I want to go skiing/kayaking/hiking (pick an activity where your car sits on the side of the road all day) 2 hours away and r…
It also needs zero fancy charging infrastructure. Have a regular US household power outlet anywhere in your garage or home exterior? Then you have everything you need to charge it up every night.
We could easily eliminate 50+% of US personal vehicle emissions, simply by putting 2013-era PHEV technology into every single car /SUV / truck, and getting people to plug them into regular 120V US household outlets overnight. Even rural folks would benefit greatly from getting 1 or 2 free "electricity gallons" every night.
Pure EV's are obviously ideal, and way cooler. But even just a little bit of electricity in a PHEV goes a long way to reducing/eliminating emissions.
Every time I see someone make the argument that "all cars will be electric by 20XX" I feel like they are incredibly sheltered from rural life. The US is HUGE! Sure the majority of commuting could be replaced by electric cars but I've seen no evidence of them being able to replace ICEs for the "I want to go skiing/kayaking/hiking (pick an activity where your car sits on the side of the road all day) 2 hours away and r…