Quote:
Originally Posted by Street Pharmacist
Disruption is coming and greenhouse gas emissions will be decreasing soon and mainly due to economic reasons, not environmental.
Electric cars are faster, more efficient, much longer lasting, and soon both cheaper and more convenient. Once cost parity is reached (likely with 3-4 years), gas powered cars will be obsolete.
Electricity generation will see disruption about the same time. It's already cheaper to build solar capacity with storage than gas/coal, and costs for solar and storage are still plummeting.
If self driving ever takes off, transportation becomes a service and personal ownership will plummet as most people in an urban environment can now subscribe to transportation as a service for one tenth the cost of ownership without losing any loss of convenience.
Disruption doesn't come from a single technological innovation. It often comes after a convergence of several innovations, and they're all happening right now.
I worry a lot about the Canadian economy. This has the potential to be awful for Canada.
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Where are you seeing this info? I haven't seen any evidence for this. Tesla, the obvious leaders in this space should be best positioned to achieve that, yet they struggle mightily to get it under 40k US. For an equivalent to a 20k veihcile in gas. And that's the short range Tesla. Everything out there with any decent range is $60k plus. Add to that the more you make the more competition for resources, which drives up prices. Yes, you get some reductions through scale, but I don't think it is enough. 3-4 years sounds incredibly optimistic. 10, ya, maybe. Though gas engines continue to get more efficient as well.