No they were funded much higher up the chain by the global Petro-Chemical subsidies we all pay! Something like 5 Trillion each year
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No they were funded much higher up the chain by the global Petro-Chemical subsidies we all pay! Something like 5 Trillion each year
No they were funded much higher up the chain by the global Petro-Chemical subsidies we all pay! Something like 5 Trillion each year
The biggest UK subsidy being the 5% VAT on electricity and natural gas...
Soldato
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It’s way beyond what you think you can see as a consumer!
Equally the vast majority of that sum not remotely what most people would consider a subsidy.
The idea that $5 trillion would be available if it wasn’t “subsidizing” fossil fuels is laughable. Realistically it’s a minimal amount of actual “cash”, and most of the “cash” part of it is tax incentives either available to other industries as well (I.e the 5% tax rate indirectly subsidized renewables at the same rate), or tax reductions on fossil fuel specific taxes (I.e a reduction of an 80% tax rate on produced oil - yes some fields in the North Sea have that high a tax rate).
Even then the vast majority of that sum is potential future damage to the environment - and most of that isn’t “how much it’ll cost for flooded cities”, rather potential damage to grasslands and other areas that wouldn’t have a financial amount associated with it for any other reason.
Essentially it’s a useless number unless it comes with 25 pages of caveats. It’s especially true when you start breaking it down nationally. Things like duty on petrol are not negatively included in that sum, not is revenue from production and sale (the previously mentioned 80% tax) from the production and sale of oil (but the reduction in tax from 80% is).
That sum is potential future environments damage, plus international financial definitions of subsidies which are generally designed to stop countries giving economic advantage to their industries over another, not the direct subsidy that (for example) wind power gets in the Uk - I.e where the government give money directly to the company for every kWh generates, on top of the amount it’s actually sold for.
that’s not to suggest that there isn’t a subsidy, but that that number is not something that should be thrown around like it was - it’s a politically influenced number, not a real figure.
Soldato
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What's maintenance like on an EV? I'm assuming it's cheaper to service and all that due to less moving parts? I'm starting to liking the idea of getting one more and more lately, only thing stopping me is charge points, and kinda hoping one day some will be installed at my workplace, when that happens I think i'd definitely jump on the boat. I'm liking the idea of a Nissan Leaf.
Soldato
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I notice the new logo for the electric mini has been pinched off the Sinclair C5 
We own a Nissan Leaf on-behalf of a family member who was struggling with spiraling maintenance and fuel costs, and just had it serviced as a precaution, nothing needed doing to it at all, brakes were all fine, AC fine, battery fine, etc. Total cost for a pollen filter + labour was £59. Only extra cost was buying two new tyres, but that's not something different to an ICE car.
Just to reflect on the savings I posted a while back in the thread about this but here's the https://forums.overclockers.co.uk/posts/32793077 and to add some additional data, the average fuel spend now based on the electricity tariff is £2.50 per week, so a £32+ saving a week.
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Soldato
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Cheers for that, i'm liking the idea more and more, just waiting for my workplace to dump some charge points down, since they're yapping on about being greener and all that jazz.
My i3 is every 2 years, no mileage interval at all. I do a lot of miles so it's saving me a fortune in dealer bills. It might have 50-60k on the clock before the first time it sees a service! Brakes don't get worn due to regen braking. Very few mechanical moving parts. It's just pollen filter for the cabin, brake fluid and eventually I think they also change the battery coolant.
The only thing it eats is tyres due to the torque/temptation to nail it everywhere. Unfortunately on this front my rears are very expensive as the tyre size is unique to the car (i3s). But this wouldn't apply to other EVs.
Soldato
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Cheers for that
The only downside to EVs at the moment, which is the range, which isn't that much of a problem as I can just charge it every 2 or so days and I only do 40 miles a day.
And possibly would I actually be saving money if I look at leasing, unless I look at the used market.
The only downside to EVs at the moment, which is the range, which isn't that much of a problem as I can just charge it every 2 or so days and I only do 40 miles a day.
And possibly would I actually be saving money if I look at leasing, unless I look at the used market.
That tyre eating "problem" seems to apply very specifically to the i3. Most BEV's don't seem to have anywhere near the same requirement for tyre changes. It can't just be the torque, as that's little different to other BEV's. Weird.
I'm sure it's my own fault. I nail it everywhere. Some people on the owners groups get 20-30k miles out of theirs which is far more normal.
Unlike when I had petrol hot hatches, there's no material cost to hooning. I can slipstream a lorry at 56mph and get to work with a cost of around 50p. Or I can take the country roads and drive flat out and arrive at work with an electric cost of around 90p! When I had an Impreza I used to be able to see the fuel needle move when it was on boost. Compared to that it's quite liberating, so the tyres take some punishment.
Not full electric but I have mini countryman S E now since Sep. Have not put a drop of petrol in it and used very little of what was in it on collection. Was put off full electric for this car by shoddy charging options at my mum and dad's in wales which would occasionally be a pain. Most of my useage is around Surrey and all electric. Good compromise for the mo.
They wear tyres quickly as the tyres have a very small contact patch, they use something like 155/175
Caporegime
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You wot m8?
Nobody buys oil from there apart from dodgy countries like Sudan, North Korea and China due to the sanctions in place.
Iran could be wiped off the map tomorrow and it wouldn't effect us at all. Anyone who does business with them is also under sanctions. So nobody will touch them with a barge pole.
Wow, you need to reign it in a bit and learn to read and interpret what is going on, not just go in all guns blazing like you do in every single thread you comment on.
Is not about the oil they produce, it's about the damage they could inflict to the infrastructure in the immediate vicinity of the Middle East, look at what happened the day after a few drones hit a single refinery in Saudi.
Caporegime
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You really think they are going to start a war? With the USA backing Saudi?
Never rule out what a country with the ill will against another will do, they've very at started producing nuclear fuel for weapons again. They only need enough for a single weapon to be deemed a global security threat, and the Israelis would be bombing them into next year.
Do they want a war? I doubt it, they want attention and to do things their own way.
Do you disagree that oil prices would go up if a conflict with Iran was initiated by either side? If so, you'll happily pay the difference I'll need to pay per litre of fuel, if it happens right?
Caporegime
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I don't see any war happening. They took a pot shot probably some rogue commander. They are mental but they also don't want to be blown to oblivion which is what would happen if they did another stupid strike.
If anything sanctions on them are only going to get worse. All of the oil money is frozen. So they will slowly be strangled into submission. Their economy is poor and unemployment is rife. They aren't doing well at all. If there is a war it will likely be a civil war. USA will intervene to put their own government in place no doubt and then take the oil. Which means prices should drop. But before then we may see a slight rise.
However lots of people are going electric now. I am amazed by the number of hybrids and electrics I see every day. I saw a Tesla parked outside work for the first time ever. When i was on holiday in the USA and Canada there was tesla's everywhere.
The demand for electric cars right now is growing at a very high rate. Which means less demand for petrol.