$100 Grand for a New Pickup?

[brian64]

Had to bump for this graphic.

This Visual Capitalist site produces a lot of interesting charts and graphics like this (link below).

What Electricity Sources Power the World?

Coal still leads the charge when it comes to electricity, representing 35% of global power generation.

www.visualcapitalist.com

 

[frozenchurchwarden]

We will be getting an EV and no virtue signaling required. I over produce with my solar at my main home and we drive less than 300 miles a week. Not paying for gas and using my own free electricity only makes sense. Even if we drive to our second home, I can do so with the electricity we make at our primary. The cost to fill up at our second home is around $14.

Exactly, this was my thought as well.
Once you're set up with solar and never need to worry about gas again it's just a convenience.
The big warning that should come with every EV is the difficulty in recycling, gas engines can easily be thrown in a furnace and re-used, recycling metal is a well established and very common industry.
Recycling lithium is very new and very uncommon.

 

[frozenchurchwarden]

Some 40 years ago, I financed oil exploration and development, and had access to some of the most knowledgeable folks in industry, gov't and private researchers.

Granted, oil reserves and prices have long been managed, well before OPEC became a force. But there is a finite amount of recoverable reserves. Some more will be discovered, some that's inaccessible now will be recovered, etc., new technologies will bring more online. But will be way less than is needed to sustain consumption anything like in the last 25 years.

From what I've read the tar sands have enough oil to continue current consumption for thousands of years.
Of course harvesting tar sand is nothing like pumping oil out of the ground.
If people want oil there is no lack of it, but there is no doubt the price must go up with time.

 

[AJL67]

By weight Penzance on tin bids is still more expensive pound for pound.

 

[jpmcwjr]

Yes, it is economics. There is not enough readily available oil to sustain current consumption at any prices any but rich folks could pay.

 

[brian64]

Yes, it is economics. There is not enough readily available oil to sustain current consumption at any prices any but rich folks could pay.

This is an assertion I'm not convinced is factual...but even if it is, we don't know what the actual time frame is. And it's important to keep in mind that the alleged scarcity of oil is not the reason we're being given for this push to eliminate gas engines in a completely unrealistic time frame. The reason we're being given is the insistence that we are facing a "climate emergency", which is an existential threat to all humanity and is being caused by "carbon emissions". They even have a climate doomsday clock with 5 years left on it until the Climate Apocalypse.

We're all being told we must accept this as an indisputable fact of "settled science" (without uncensored debate or scrutiny) that requires radically transforming society immediately. And those who question this panicked course we're being forced to take are vilified as heretics because this whole thing operates like a religion, not science.

Here's The Climate Dissent You're Not Hearing About Because It's Muffled By Society's Top Institutions

The climate dissenters are pressing their case as President Biden, United Nations officials, and climate action advocates in media and academia argue that the “settled science” demands a wholesale societal transformation. That means halving U.S. carbon emissions by 2035 and achieving net zero emissions by 2050 to stave off the “existential threat” of human-induced climate change.

In response last month, more than 1,600 scientists, among them two Nobel physics laureates, Clauser and Ivar Giaever of Norway, signed a declaration stating that there is no climate emergency, and that climate advocacy has devolved into mass hysteria. The skeptics say the radical transformation of entire societies is marching forth without a full debate, based on dubious scientific claims amplified by knee-jerk journalism.

Many of these climate skeptics reject the optimistic scenarios of economic prosperity promised by advocates of a net-zero world order. They say the global emissions-reduction targets are not achievable on such an accelerated timetable without lowering living standards and unleashing worldwide political unrest.

“What advocates of climate action are trying to do is scare the bejesus out of the public so they’ll think we need to [act] fast,” said Steven Koonin, author of “Unsettled: What Climate Science Tells Us, What It Doesn’t, and Why It Matters.”

Here's the Climate Dissent You're Not Hearing About Because It's Muffled by Society's Top Institutions

As the Biden administration and governments worldwide make massive commitments to rapidly decarbonize the global economy, the persistent effort to silence climate change skeptics is intensifying &nda

realclearwire.com

https://clintel.org/wp-content/uploads/2023/08/WCD-version-081423.pdf

 

[jpmcwjr]

This is an assertion I'm not convinced is factual...but even if it is, we don't know what the actual time frame is. And it's important to keep in mind that the alleged scarcity of oil is not the reason we're being given for this push to eliminate gas engines in a completely unrealistic time frame. << Snipped bits out >>

No, the time frame is uncertain for sure. As to reasons for the incentives to go electric, there are many, as well as many counter arguments.

I am leaving your long post untouched, but let it not start arguments nor frothy agreements. Too political.

 

[bent1]

Part of this price increase is the lack of demand for a more basic, lower margin vehicle by consumers. Government regulations also add to the sticker, ie CAFE standards. Larger vehicles usually get lower MPG’s, and affects a brands mandated CAFE standard. Car makers have to move to make the fleet standard with smaller engines or pay a fine which affects the sticker price. Some interesting reading regarding Tesla & carbon payments from internal combustion engine makers.

Tesla’s carbon credit sales soared to $1.78 billion in 2022

Tesla set a new record in carbon credit sales in 2022, generating $1.78 billion in revenue from the sale of credits to other automakers. Find out how the company has positioned itself as a leader in the electric vehicle market and the carbon credit market through its clean energy operations.

www.green.earth

Tesla finally made a profit without the help of emission credits

A record $1.1 billion profit in the second quarter.

www.theverge.com