3 ms·
>“For a given capital outlay on oil and renewables, how much useful energy at the wheel do we get? Our analysis indicates that for the same capital outlay today
by inflatableDodo 7y ago
>“For a given capital outlay on oil and renewables, how much useful energy at the wheel do we get? Our analysis indicates that for the same capital outlay today, new wind and solar-energy projects in tandem with battery electric vehicles will produce six to seven times more useful energy at the wheels than will oil at $60 per barrel for gasoline powered light-duty vehicles, and three to four times more than will oil at $60 per barrel for light-duty vehicles running on diesel,”
If these figures are even in the rough ballpark of being correct, then it is all over bar the shouting.
>"More than a third (36%) of the crude oil produced today goes to fuel vehicles susceptible to electrification"
https://www.electricclassiccars.co.uk/ https://www.electricclassiccars.co.uk/
- Gibbon1 7y agoCoffin nail for small internal combustion engines is maintenance and life span. I think maintenance is around 5 to 10 cents a mile. And the engines only last 4-8000 hours. Maintenance on electric motors is nil. And the life span is 25-50,000 hours at least for industrial motors. Kicker once price parity is archived gasoline powered cars will be more expensive to operate even if the cost of gasoline was zero.