Quote:
Originally Posted by red-beard
A few things
I agree with the second poster on the fuel efficiency reducing oil consumption. But Electric is not going make an impact until there is a better/cheaper alternative to Lithium-ion batteries. This is not enough readily available lithium or the other minerals in the batteries to make all the mandated electric cars (Europe and California).
Roads. If the oil industry shuts down, we lose one of the most important sources of material for roads: Asphalt. How you gonna make roads without asphalt?
Concrete: The making of concrete makes a LOT of CO2. If this is the alternative to asphalt, and CO2 is bad, then this is not the alternative.
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One other really, really important thing to consider:
the oil industry is a HUUUUUGE revenue generator for the gubmint, one of the biggest cash cows they have. It pays for most of our infrastructure.
When you factor in ALL the fees, taxes, regulations and other shenanigans, close to half of the $$$ we spend at the pumps ends up in the gubmint coffers.
There's no need for asphalt if you don't have any money to fix the roads.
Take away a big part of that revenue and they'll have to get it somewhere else.
Logic tells us that they'll have to double the cost of spark-tricity and then some.
Then they'll triple of the cost of natural gas, institute a road use tax per miles regardless of what you drive, etc.
No free lunches here.