Quote:
Originally Posted by calgaryblood
Not a chance. There is zero chance electrical vehicles will be main stream by 2030. More like 2060 if they're lucky.
|
There is no way that Tesla will ever achieve a market cap greater than any of the Big Three, not by 2030, not by 2060 if they're lucky.
Alberta needs to get smart and start finding new technologies, or improve existing technologies, that rely on the petro products the province is sitting. O&G is not going away, it will just be used differently, which will reduce demand. To maintain demand, the province needs to create demand.
The solution here, IMO, is residential fuel cells. Residential fuel cells use natural gas to create electricity and heat to power a home. Electricity and heat is pretty much on demand. This helps the power grid by putting more generation on site. Combined with solar cells, a residential fuel cell allows for self-sustainability of any home, regardless of location. Fuel cells can run off the natural gas line in a home, or can run off a refillable storage bottle/tank. Alberta should be leading the world in development and manufacture of these products, creating a demand for more natural gas. But that is too forward thinking. Better to wait until 2030 (or 2060) and see an economic crash like not seen since the 1930s.