Quote:
Originally Posted by Varn
Perhaps you remember the term Peak Oil! Some terrified individual calculated that 1974 was going to be the year of peak oil production. With every subsequent year having less production.
As a 20 something college educated person back then I bought into it, well for a bit, but in a few short years, I realized what a joke it was. Just part of a religious cult like belief that mankind was ruining the earth. Gasoline today is well cheaper than it was back then. Even with higher taxes.
Having an electric car as a sole vehicle is putting all your eggs in one basket. I doubt if the electric grid could withstand any general near 100% electric car usage. Events in Texas late last winter pretty well proved it.
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I generally agree with the above, but there will be a peak oil, I just don't think it will be a result of "running out".
The subsidies for EVs is putting all eggs in one basket, which is bound to have unintended negative consequences, and I suspect consequences worse than having not manipulated the market so heavy-handed.
That said, an ICE doesn't solve the problem of a blackout. When the electricity stops, the fuel stops.
Really though, people should prepare to be able to go without refuelling or electricity for a few days. People should own warm clothes, have access to drinking water, and have some battery powered light. (or stored fuel and a genset).
The infrastructure for sure could be made more resilient, especially if they properly exposed customers to the real-time pricing of fuel so that they have the incentive to not hoard scarce resources and thus cause a collapse of the infrastructure.
EVs will be a net benefit to grid stability and reliability with things as simple as raising baseload demand during off-peak charging, to things as complex as feeding power back to the grid when demand is high.