Remove Cheap Remove Coal Remove Gasoline Remove Oil
article thumbnail

Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap. By contrast, at 25 miles per $3 gallon of gasoline, those miles cost 12 cents each. by Henry Hewitt for Oilprice.com.

Solar 150
article thumbnail

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

Oil 247
article thumbnail

Naysayer Alert – the hydrogen red herring

My Electric Car

The hydrogen fuel cell in the FCEV acts to keep the battery charged, but can directly power the electric drive motor, similar to the function of a gasoline-powered range extender. Hence its supply would not be cheap, renewable nor sustainable in the long term. The reasons are numerous. .

article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” M barrels/day of oil within the next 10 years ”. Dr. Paul still sees significant growth in the developing world. One year ago.

Financing 150
article thumbnail

Dodge Circuit EV First Drive: electric car makes grand promises on Earth Day

Tony Karrer Delicious EVdriven

Still, the instant torque of the electric motor is a rush you get to experience all the time in city driving; each time you pull away from a red light and stop sign youre wondering why gasoline engines ever became popular. Part movie spaceship, part oil independence klaxon, the sound fills the cabin and certainly wont appeal to everyone.

article thumbnail

Greentech Media | ECOtality CEO: Fast Charging and Why Battery Swapping Is Doomed

Tony Karrer Delicious EVdriven

Without gasoline, today’s transportation fails. Consumer confidence in electric transportation is growing – aided in no small part by $4 to $5 gallons of gasoline. Given the cost of oil and the economic, geopolitical and ecological effects of our continued reliance on petroleum, electric transportation will be cheap.

article thumbnail

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Renewables That Even Coal-Based Utilities Can Love. Millions will plug-in their electric vehicles (EV), plug-in hybrids (PHEV) and fuel cell vehicles (FCV) at night when electricity is cheap, then plug-in during the day when energy is expensive and sell those extra electrons at a profit. ► January (13) What Goes Down, Must Go Up?

Grid 28