Quote:
Originally Posted by Moe
Time will be prove me correct. Everything else is just guessing. I KNOW EV's will be the answer. CATL just built a 1,000 km range battery. In the end, if they money is there, it spurs innovation. This is how capitalism works. If the money is there, it will happen. Europe and the rest of the World is moving that way because they have to. Pollution from internal combustion engines is killing them. And China and India are growing their solar and wind exponentially, because the smog is literally killing them.
And if people say mining produces a lot of emissions, they are correct. Until hydrogen kicks in and fuels the mining equipment.
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There is a bit of a snag here. Canada's electrical generating and transmission system requires about $2 Trillion in upgrades to charge all these predicted EVs. Then there is the mining. Mine planning and permitting takes a minimum of 10 years - more like 20 in the current environment. EVs are going nowhere fast. Perhaps in 30 years or so they will be a viable solution.
Subsidizing EVs with other people's money is not capitalism. Everyone knows what that is and it has proven to be an unworkable solution for at least the past 100 years or more.
Also, it is not pollution from internal combustion engines that is the main issue in China and India. It is the fact that they generate around 70% of their electricity from coal fired generating facilities. And they are constructing more of them every week. (Sometimes 2 a week). Alas, we are not allowed to send them nice clean natural gas to burn.