Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

All fossil-fuel vehicles will vanish in 8 years
Financial Post ^ | 16 May 2017 | Ambrose Evans-Pritchard

Posted on 05/19/2017 6:18:20 PM PDT by Lorianne

No more petrol or diesel cars, buses, or trucks will be sold anywhere in the world within eight years. The entire market for land transport will switch to electrification, leading to a collapse of oil prices and the demise of the petroleum industry as we have known it for a century.

This is the futuristic forecast by Stanford University economist Tony Seba. His report, with the deceptively bland title Rethinking Transportation 2020-2030, has gone viral in green circles and is causing spasms of anxiety in the established industries.

Seba’s premise is that people will stop driving altogether. They will switch en masse to self-drive electric vehicles (EVs) that are ten times cheaper to run than fossil-based cars, with a near-zero marginal cost of fuel and an expected lifespan of 1 million miles.

Only nostalgics will cling to the old habit of car ownership. The rest will adapt to vehicles on demand. It will become harder to find a petrol station, spares, or anybody to fix the 2,000 moving parts that bedevil the internal combustion engine. Dealers will disappear by 2024.

Cities will ban human drivers once the data confirms how dangerous they can be behind a wheel. This will spread to suburbs, and then beyond. There will be a “mass stranding of existing vehicles”. The value of second-hard cars will plunge. You will have to pay to dispose of your old vehicle.

It is a twin “death spiral” for big oil and big autos, with ugly implications for some big companies on the London Stock Exchange unless they adapt in time.

(Excerpt) Read more at financialpost.com ...


TOPICS: Business/Economy; Travel
KEYWORDS: automotive; cars; climatechange; climatechangehoax; doomsdaycult; electricity; energy; envirowackos; fakenews; foryourowngood; freedomofmovement; gasoline; globalists; globalwarming; globalwarminghoax; lol; luddites; marxism; newagereligion; oldtimereligion; prophecy; seba; tonyseba
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-118 next last
To: caver

They will have to pry my Subaru out of my cold, dead hands. I am not getting in a computer driven car. If they ban regular cars I guess I will just ride or drive one of the horses. I’d best get busy repairing the old buckboard.


41 posted on 05/19/2017 6:46:26 PM PDT by Himyar (Sessions: the only real man in D.C.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: yetidog

“I just walked in from a week spent in far West Texas and it will be interesting to see how folks cover that country, much less live there, in an electric vehicle.”

What are you, stupid or something? They will obviously use extension cords!


42 posted on 05/19/2017 6:46:30 PM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: outofsalt

lol


43 posted on 05/19/2017 6:47:33 PM PDT by wild74
[ Post Reply | Private Reply | To 15 | View Replies]

To: Lorianne

Let me guess, this study is based on information from an anonymous, high ranking official from the FBI ...


44 posted on 05/19/2017 6:47:41 PM PDT by SecondAmendment (Restoring our Republic at 9.8357x10^8 FPS)
[ Post Reply | Private Reply | To 1 | View Replies]

To: blueunicorn6
Remember when that magician made San Francisco disappear?

Unfortunately, he brought it back.

45 posted on 05/19/2017 6:48:28 PM PDT by GreenHornet
[ Post Reply | Private Reply | To 20 | View Replies]

To: Lorianne
Loada crap. There are over 300 million vehicles in the US alone. To replace them all in 8 years would require selling around 40 million new vehicles a year - more than twice the highest annual sales ever.

Not.

Gonna.

Happen.

46 posted on 05/19/2017 6:49:25 PM PDT by Sgt_Schultze (If a border fence isn't effective, why is there a border fence around the White House?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

All electric vehicles will be powered by “renewable” sun, wind, and falling water power.


47 posted on 05/19/2017 6:50:20 PM PDT by agave (5)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

For a minute there I thought Ambrose Evans-Pritchard was talking about the US .... just a stupid EU global warming pimp.


48 posted on 05/19/2017 6:50:40 PM PDT by RetiredTexasVet (Dan Rather, a 60 Minutes Investigative Reporter for CBS, invented "Fake News"-fake but accurate.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Sgt_Schultze

He’s saying people are going to wholesale use services like Uber and Lyft or hire a driverless vehicle by the hour instead.

Still a loada ... but he’s not saying people are going to buy new electric vehicles.


49 posted on 05/19/2017 6:51:43 PM PDT by Lorianne
[ Post Reply | Private Reply | To 46 | View Replies]

To: Lorianne

All of those electric cars will be powered by rainbows and unicorn farts.


50 posted on 05/19/2017 6:52:18 PM PDT by Bubba_Leroy (The Obamanation has ended!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SecondAmendment

The Russians gonna take away our cars!


51 posted on 05/19/2017 6:53:02 PM PDT by Lorianne
[ Post Reply | Private Reply | To 44 | View Replies]

To: Lorianne

Remember when, in 1960, Popular Science magazine said flying automobiles would be commonplace by 1970?

“The future ain’t what it used to be.”


52 posted on 05/19/2017 6:53:16 PM PDT by cookcounty (Susan Rice: G Gordon Liddy times 10.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

“causing spasms of anxiety in the established industry” I have heard the same story since 1975 when I started my career in the Oil Industry. No one in the industry is concerned.


53 posted on 05/19/2017 6:53:26 PM PDT by richardtavor
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

Total nonsense.

Suppliers of refined petroleum will just take their price down to meet competition and will push back the price of crude.

Michael Porter wrote about this...


54 posted on 05/19/2017 6:58:42 PM PDT by Eric in the Ozarks (Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: free_life

Try a winter trip in a blizzard in Chicago. Not going to happen. But sitting in an ivory tower at Stanford with you flip flops under the desk. Headed to Stanford in two weeks to visit retired Prof. Will ask him about this twit.


55 posted on 05/19/2017 7:00:29 PM PDT by Oldexpat
[ Post Reply | Private Reply | To 25 | View Replies]

To: Lorianne

That’s even crazier. Unused cars won’t disappear. But using car services every day would equal a mortgage payment. Who could afford that plus an actual mortgage?


56 posted on 05/19/2017 7:01:12 PM PDT by Sgt_Schultze (If a border fence isn't effective, why is there a border fence around the White House?)
[ Post Reply | Private Reply | To 49 | View Replies]

To: Lorianne
It's all a matter of timing


57 posted on 05/19/2017 7:02:21 PM PDT by plain talk
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

I heard someone on the radio talking about a new electric Cadillac coming on the market. It gets a whopping 30 miles per charge.

At that rate, it will be longer than 10 years for electric vehicles to replace fossil-fuel vehicles on the open road.


58 posted on 05/19/2017 7:02:30 PM PDT by TomGuy
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

I like this, posted by Steve Davlantis on the Telegraph website, in response to the original appearance of this nonsensical piece by the ever-reliable Marxist Ambrose Evans-Pritchard.

Show me the electric tractor plowing a field.
Show me the electric Bulldozer and cranes.
Show me the electric train (Trains use diesel to produce electricity.. don’t split hairs with me)
Show me the freaking electric passenger jet.
Show me the electric Container ships.
Show me the electric Semi’s.
Tell me who’s going to install an electric charging point in every single parking space at every single mall, store and business.
Tell me how you’re going to generate the electricity for these things.
Show me ho you get the people in the suburbs, let alone rural areas, to work.
Show me the electric school bus.
As a field technician, show me the electric vehicle that can stay running for over 12 hrs a day, providing climate control while I’m in it, and using it to transport myself, my test gear, replacement components, et al to sites when they need them.. not on some schedule.
Show me the electric Ambulance and Life flight helicopter.
Show me the electric police car.
Show me how you make plastic without petroleum.
Show me how you make solar cells without petroleum.
Show me how you make carbon fiber without petroleum.

I could make this into a real list if I actually put some thought into it.


59 posted on 05/19/2017 7:03:39 PM PDT by agave (5)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Lorianne

This article is a fantasy...

The life blood of this country rolls on 24 wheels delivering goods across the land..

I know electric vehicles have made great strides in the last 10 years, but there is no elecric vehicle that can pull 48,000 GVW of food or goods on electric power only hundreds of miles.


60 posted on 05/19/2017 7:05:29 PM PDT by Popman
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-118 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson