The Biden Administration’s signature climate legislation is unleashing a wave of clean energy investment, along with some opportunities and risks for countries like Australia.
That’s a balance of politics. Better to be self-sufficient than to depend on other countries for oil. We are still going to be using oil for a while until we create a whole new national infrastructure for electric vehicles and phase out most gas engines.
Sure, but there isn’t an alternative. Currently only 4% of US car owners drive an electric car and only 20% of the energy we produce is renewable. Even if we transition as fast as humanly possible, it would take decades.
Right. But it doesn’t look like a sudden cut-over; it’ll look like oil use dropping something like 5% each year if we require every new vehicle to be an EV.
Something like 3-5 years if it was mandated and people living ordinary lives lived with mid-sized cars instead of pickup trucks with less ability to spot a kid in front of them than a tank.
with millions of acres of new oil drilling
That’s a balance of politics. Better to be self-sufficient than to depend on other countries for oil. We are still going to be using oil for a while until we create a whole new national infrastructure for electric vehicles and phase out most gas engines.
Yeah we’re gonna continue heating up the planet for a while too.
Sure, but there isn’t an alternative. Currently only 4% of US car owners drive an electric car and only 20% of the energy we produce is renewable. Even if we transition as fast as humanly possible, it would take decades.
Other countries seem to be doin a much faster job than us. This dont have shit to do with capabilities.
Right. But it doesn’t look like a sudden cut-over; it’ll look like oil use dropping something like 5% each year if we require every new vehicle to be an EV.
How soon would the supply chains and manufacturing capacity be ready for every vehicle sold in the US to be an ev?
Something like 3-5 years if it was mandated and people living ordinary lives lived with mid-sized cars instead of pickup trucks with less ability to spot a kid in front of them than a tank.
Given trends so far you’ll forgive me if I think even 5 years is way too optimistic.