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Prediction: Coal has fallen. Nuclear is next then Oil.

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The intrigue: What kinds of EVs are doing the heaviest lifting right now is surprising (to me anyway!).
  • "Two- and three-wheeled EVs accounted for 67% of the oil demand avoided in 2021," the report notes, citing rapid adoption in Asia.
  • Buses were next at 16% and then followed by passenger vehicles at 13%, though BloombergNEF adds that they're the fastest-growing segment.
The big picture: BloombergNEF said last year's displaced oil demand amounts to roughly one-fifth of Russia's pre-invasion exports.

I remember reading that 2 wheelers are more polluting than cars. So this is great news. Tesla not opening in India makes sense, they need 2 and 3 wheelers due to population density.
 
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I remember reading that 2 wheelers are more polluting than cars. So this is great news. Tesla not opening in India makes sense, they need 2 and 3 wheelers due to population density.
Tesla not opening in India because of ridiculous government regulations and taxes.
You have a good point about they using scooters, motorcycles and trikes .
but they also use a lot of cars and trucks And that sector is growing.
there is a big auto market in India.India passenger car market is projected to grow at a CAGR of around 10% and surpass $ 31.7 billion by 2026, owing to increasing per capita income and rising demand for enhanced travelling comfort.
Sadly as is so often, TOO often, government is a hindrance
 
How many wind and solar farms are being built right now?
Globally a lot. Renewables are now the majority of new _generation_, having for a number of years been the majority of new _capacity_. USA not so many solar farms because of the investigation into tariff dodging. The USA would otherwise have been on track for record installation of PV, putting it in a position to begin reducing natural gas generation.
 
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Tesla not opening in India because of ridiculous government regulations and taxes.
You have a good point about they using scooters, motorcycles and trikes .
but they also use a lot of cars and trucks And that sector is growing.
there is a big auto market in India.India passenger car market is projected to grow at a CAGR of around 10% and surpass $ 31.7 billion by 2026, owing to increasing per capita income and rising demand for enhanced travelling comfort.
Sadly as is so often, TOO often, government is a hindrance
India's ASP for autos is only about $10k. It's not a huge premium market, but it's a large country, so being supply constrained, Tesla doesn't want to risk entry.
 
India's ASP for autos is only about $10k. It's not a huge premium market, but it's a large country, so being supply constrained, Tesla doesn't want to risk entry.
I believe Musk has repeatedly stated that the Tariffs from India and their regulations need to change in order for them to be able to not just sell cars there but to build them.
There are lots of luxury cars in India. Mercedes, BMWs, Audis , Land Rovers etc.
 
I believe Musk has repeatedly stated that the Tariffs from India and their regulations need to change in order for them to be able to not just sell cars there but to build them.
There are lots of luxury cars in India. Mercedes, BMWs, Audis , Land Rovers etc.
"Lots". Luxury market is expected to grow to $2B by 2026. $2B/$40k = 50k.
So no, it's not lots. Mercedes is top and they only sold about 12k last year.
It's growing, but there's no rush.
 
"Lots". Luxury market is expected to grow to $2B by 2026. $2B/$40k = 50k.
So no, it's not lots. Mercedes is top and they only sold about 12k last year.
It's growing, but there's no rush.
I guess using such a subjective term as " lots " was a poor choice.
$2 billion is more accurate. yet, it is still subjective.
Since I think $2 billion is worth pursuing and it is only going to grow.
Also, Tesla has expressed interest in building cheaper cars in the future.

Whether or not it's worth pursuing is academic. Tesla wanted to pursue it.
They abandoned the idea due to government over regulations and high taxes. That's what Musk has said more than once.
 
I guess using such a subjective term as " lots " was a poor choice.
$2 billion is more accurate. yet, it is still subjective.
Since I think $2 billion is worth pursuing and it is only going to grow.
Also, Tesla has expressed interest in building cheaper cars in the future.

Whether or not it's worth pursuing is academic. Tesla wanted to pursue it.
They abandoned the idea due to government over regulations and high taxes. That's what Musk has said more than once.
They wouldn't be pursuing $2B. They'd be pursuing their margin on their share of $2B.
It's not over-regulation. It's the high import tariffs.

India is protectionist. India made a temporary exception for PV, and they were hoping for a temporary exception for EV. That would provide a much lower risk path, and they'd be able to follow that path even while under constraints that would prevent scaling up in India anyway.
 
CleanTechnica: EIA Expects Solar & Wind To Be Larger Sources Of U.S. Electricity Generation This Summer.

Although installations have slowed down, utility-scale PV was at 50,154.2MW end May 2021, 53,213.6MW end August 2021, and 61,048.8MW end February 2022.
So, over 20% more than May 2021, and 14.7% more than August 2021.
 
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Actually, they need to put this tech into a SodaStream / Home battery System. Make carbonated drinks during TOU peak!

Hm... Warren Buffet needs to get his favorite company, KO, to buy this miracle tech!
Hell, just sell it as a CO2 reduction machine for buildings. Many buildings have excessive CO2 levels. Transpire your living space ...
 
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BACK IN LATE 2021, as Russian President Vladimir Putin began mobilizing troops at the Ukraine border, the fossil fuel industry got its foot soldiers ready too. With the threat of Russian aggression and subsequent sanctions looming, gas prices were on the rise, and the fossil fuel industry wanted the public to know that there was only one culprit: climate policy.

That’s some consistent messaging! For the record, about 25 percent of fossil fuel drilling happens on public lands; the rest is entirely controlled by private companies. The fossil fuel industry is sitting on at least a decade’s worth of unused leases, so it’s unlikely that a lack of new leases has im

The types of messages were also a surprise. After a decade or so of greenwashing, the fossil fuel industry is going full culture war. The report finds three key messages across hundreds of social media posts and media appearances: American fossil fuel production ensures freedom and national security; high gas prices are caused by climate policy, and the solution is more drilling; and climate change is something only liberal “woke” elites care about.
 
The Nation: Fossil Fuels Are a Threat to National Security. Fossil Fuels Are a Threat to National Security

We have also seen the US Department of Defense warn the White House that continued reliance on fossil fuels poses a major threat to national security by accelerating the climate emergency. Wildfires are currently burning earlier and hotter than ever before in California and New Mexico, tearing through dry vegetation at a pace 71 percent above the average for this time of year. This crisis demands urgent action from Congress and the White House, yet the US response has been to simply increase domestic drilling.


On March 31, Biden took the first step to secure clean energy independence by invoking the Defense Production Act to increase the raw materials needed for electric vehicles, battery storage, and other clean energy technologies. This is a hopeful sign. But he can do more. He must now invoke the Defense Production Act to ramp up manufacturing of not only EVs and batteries but also heat pumps, rooftop solar panels, wind turbines, and other sources of renewable energy like geothermal and tidal power.
 
The Guardian: People in US and UK face huge financial hit if fossil fuels lose value, study shows.

The researchers estimated that existing oil and gas projects worth $1.4tn (£1.1tn) would lose their value if the world moved decisively to cut carbon emissions and limit global heating to 2C. By tracking many thousands of projects through 1.8m companies to their ultimate owners, the team found most of the losses would be borne by individual people through their pensions, investment funds and share holdings.