| * Wind does not require any ITC credits to be competitive, solar will require them for another 1-2 years. [1] * Shale production is not nimble, and OPEC can always profit at lower prices. Saudi Arabia can profit at $12/barrel. Shale is barely profitable at $40/barrel, and needs $50-60/barrel to really be worth the production. * Gasoline cars are twice as expensive per mile to operate compared to electric cars. EV drivetrains last forever. The internal combustion engine is not long for this world (witness how badly VW had to cheat to pass emissions standards). OPEC participants can't balance their budgets at current market prices, so the price must go up, making EVs even more attractive. [2] Mind you, I don't really care if you agree with me. We're already on a trajectory; I'm simply describing that trajectory. [1] http://www.utilitydive.com/news/how-wind-and-solar-plan-to-t... [2] https://avt.inl.gov/sites/default/files/pdf/fsev/costs.pdf (warning: pdf) |
Have you ever worked with actual machinery? Electric motors can fail just as well, the windings might break or burn out, the bearings wear out, there is still some gearing in the car as well
Solar and wind is ruinously expensive (just look at german energy prices before and afrer start of their retarded experiment - and remember they pretty much drove out a lot of energy intensive heavy industry to China)
Do you really think its a good thing energy prices go negative because of generators that provide miniscule amounts od total required energy?