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This is how Big Oil will die
- fpoling 9y agoThe article uses anecdotal evidences of hybrid or electrical cars with very high mileage without repairs to project that such cars have much longer lifespan on average than ones with an internal combustion engine. My anecdotal evidences tell the opposite. With current electrical and hybrid cars a minor collision may require a battery replacement. The batteries just do not handle collision stress well. And that is very costly. Now, with self-driving cars the situation may change as the risk if collisions drops, but that is still few years in future.
- qubex 9y agoAm I the only one that clicked on this thinking it would be a tirade against the much-maligned ”Big O” complexity notation?
- DamonHD 9y agoInteresting: markets can change fast. I'm not sure that the savings are as claimed, though my first-order objections are covered by the data in the article. However, an oil company I divested from when it became clear that it really did just want to be about liquid dinosaurs rather than being a versatile energy supplier, seems from inside info to be back in the 'energy' game and accepting that the 'oil' bit is going away...
- fpoling 9y agoNorwegian Statoil has started making PR noise about offshore wind farms. But it remains to be seen how really serious they are about that. In Norway there are a few fast charging stations for electrical cars throughout the country. But I not have seen a single one provided by Statoil or any other gas station operator. At best the companies that built them placed them near gas stations so during 20-30 min of charging on can go there and drink coffee.