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Luckily, coal is becoming less and less profitable compared to renewables. Not saying the decision is good, but pure economics will hopefully solve this problem
by jupp0r 6y ago
Luckily, coal is becoming less and less profitable compared to renewables. Not saying the decision is good, but pure economics will hopefully solve this problem in the long run.
- FlyMoreRockets 6y agoCoal isn't even all of the problem. "Rolling Coal" is a personal political statement of thousands. https://en.wikipedia.org/wiki/Rolling_coal https://en.wikipedia.org/wiki/Rolling_coal Greenland once had a booming ecotourism industry, driving people across the ice sheet in diesel powered trucks. That is, until the diesel soot particulates destroyed the routes across the ice sheet.
- imglorp 6y agoThat's actually easy to regulate at the state level, if states were on board. Simply failing inspection would take them off the road.
- PurpleFoxy 6y agoUsually they have a hidden switch to toggle the mode. I guess the best method would be dash cam evidence
- tptacek 6y agoI doubt idiots in modified trucks are a major component of our problem here.
- TylerE 6y agoYou'd be wrong. One of those trucks can emit hundreds of times more particulate matter than a compliant vehicle. Even when they aren't shooting visible smoke they are outputting a massively excess amount of pollution.
- tptacek 6y agoI'm sure that's true. There just aren't enough of them to matter that much.
- Despegar 6y ago>The owners and operators of more than half a million diesel pickup trucks have been illegally disabling their vehicles’ emissions control technology over the past decade, allowing excess emissions equivalent to 9 million extra trucks on the road, a new federal report has concluded. https://www.nytimes.com/2020/11/25/climate/diesel-trucks-air-pollution.html https://www.nytimes.com/2020/11/25/climate/diesel-trucks-air...
- throwaway0a5e 6y agoThe emissions technology significantly increases the TCO of the vehicle so it's not exactly surprising that people disable it.
- xiphias2 6y agoA questiom that I had is whether the tax cuts from Trump helped the renewable sector, or it's just a coincidence that Tesla's price went up so much at the same time for example? What would have happened with the democrats? I guess we'll see in the next 4 years though..
- tasty_freeze 6y agoThings which drive TSLA's price are myriad. Assigning it to a single policy of the current administration is unlikely to be right. A good indication that there is something else at play would be if TSLA shot up much more than other stocks in the renewable market.
- qqqwerty 6y agoThe Electric Vehicle Tax Credit and the ITC (solar tax credit) were passed by Democrats. Tesla benefited greatly from both. Tesla also received a massive loan from Obama's DOE during the great recession, without which it may not have survived. Meanwhile Trump has been doing everything in his power to prop up the dying coal industry, reduce vehicle efficiency requirements, and expand oil and gas drilling. All of these efforts indirectly harm Tesla by benefiting Tesla's competitors.
- xiphias2 6y agoIt's very interesting how Tesla could come out so well from all those policies. Of course the factory in China was crucial...it was a lucky timing that Tesla got the license from China just in time to be productive during and in spite of the pandemic.
- IfOnlyYouKnew 6y agoThe major component of the Trump Tax Cut was lowering the tax on corporate profits. Telsa barely makes any profit, making that change mostly useless for them. I believe capital gains taxes were also lowered, which may have been helpful for their stock price. But that in itself is helpful to Elon Musk and other stockholders, not the company itself.
- 6y ago