Tim May
2008-05-27 23:23:12 UTC
yes. electric and natural gas are the logical replacements for oil for
transportation.
Not in states or countries with negative incentives for usingtransportation.
electricity (to charge cars with, for example).
Here in California, we have a multi-tier rate system. Use more and the
rate per unit increases, even to _double_ the starting rate:
Here's my latest PG&E bill:
Baseline Usage 127.40 Kwh @ $0.11556
101-130% of Baseline 38.22 Kwh @ $0.13139
131-200% 24.00 Kwh @ $0.22708
In other words, electricity costs _twice_ as much for over 131% of some
baseline per household.
("Baseline" is set by political lobbying groups, committees, etc. It
reflects usage in a small house, and does not even take into account
those of us who have to pump our own water from wells, etc.)
Were I to have a plug-in electric car, charging it would be at the
"margin," that is, in addition to my normal electricity usage.
The cost per energy unit for this electricity is NOT competitive with
gasoline costs. Hell, it'd be cheaper for me to buy gas, run a
generator, charge an electric car from it, than it would be for me to
pay the punitive top tier rate. And their may even be a tier even
higher for usage greater than 200% of baseline, which an electric car
would almost certainly put me into.
(Were electricity a free market item, there would be volume discounts
for bigger purchases, not an escalating price!)
The "split wood, not atoms!" greenhead blissninnies have gotten their
wish: we split wood, burned fossil fuels, and now we have global
warming.
Schadenfreude.
The best part of this all is that it's the damned poor people, most of
them liberal lefties, who are getting hit by this the hardest. Many of
the companies I invest in are moving operations out of the U.S. just as
quickly as they can. The liberal poor think Obamination will bring them
salvation.
Schadenfreude.
--Tim May