Electric cars

Car_54

I have a chunk of my life savings invested through Baillie Gifford. I now read that they are the third-largest shareholders in Tesla, and are willing to invest more. Should I be pleased or worried?


https://uk.reuters.com/article/uk-tesla-baillie-gifford/baillie-gifford-willing-to-invest-more-in-tesla-the-times-idUKKCN1N306E

DrEskimo

AdrianC wrote: »

You have the wrong end of the stick.
Construction and transport are two different sources.
Construction is not part of transport.

10% construction + 24% transport = 34% of total
NOT
10% construction + 14% (non-construction) transport = 24% of total.

Ah OK I'm with you.

I take it that figure is from here?

Although it does include transportation as part of that 10%....:p

AdrianC

Stageshoot wrote: »

Instavolt are currently on free introductory offer and have been since Nov17. So yes the. Barge cost was £0

Ah, OK. That's one heck of a deal! But it looks like that's an offer that's long since closed. How long is that free charging available to you? Until next month (a year)?

Stageshoot

It’s free for everyone you tap in with credit card and it come up on screen introductory offer you will not be charged

I use about 600kwh a month and it’s never been charged

zeupater

DrEskimo wrote: »

Ah OK I'm with you.

I take it that figure is from here?

Although it does include transportation as part of that 10%....:p

Hi

Also, as construction is totally irrelevant to EVs (apart from relatively minor supporting infrastructure changes), it's apparent that yet another round of the old 'smoke & mirrors' ploy is in play ...

What is relevant to the discussion is that the 2008 Climate Change Act ( https://www.legislation.gov.uk/ukpga/2008/27/contents ) stipulates that total emissions must be reduced by 80% by 2050, which means that domestic transport (As per the 24% raised) must play it's part ... if all other sectors were to achieve a reduction of 100% (impossible!) & transport does nothing, then the overall target is missed by 4% & if the scenario is that all other sectors meet their targets and transport does nothing, the emissions in 2050 will be 96% higher than the agreed target ...that's the scale of things & that's all that really needs to be considered as it provides the underlying reason as to why transport electrification will happen in the UK and why it will be made to happen by successive governments ...

If governments, including that of the UK, have levers to pull, they will pull those levers as hard as necessary to a point where those in denial will start to question the validity of their own position, as has been the case since the Kyoto Protocol was signed a couple of decades ago ... it's just that most people didn't realise the implications at the time & probably still don't!

HTH
Z

Car_54

zeupater wrote: »

What is relevant to the discussion is that the 2008 Climate Change Act ( https://www.legislation.gov.uk/ukpga/2008/27/contents ) stipulates that total emissions must be reduced by 80% by 2050, which means that domestic transport (As per the 24% raised) must play it's part ... if all other sectors were to achieve a reduction of 100% (impossible!) & transport does nothing, then the overall target is missed by 4% & if the scenario is that all other sectors meet their targets and transport does nothing, the emissions in 2050 will be 96% higher than the agreed target ...that's the scale of things & that's all that really needs to be considered as it provides the underlying reason as to why transport electrification will happen in the UK and why it will be made to happen by successive governments ...

Except that it is a fundemental principle of our constitution that no parliament can bind its successors, so the Climate Change Act can easily be repealed or amended.

NigeWick

Herzlos wrote: »

It's almost guaranteed that the government will put some form of additional duty onto EVs at some point

I suspect government will just charge all vehicles for road mileage traveled using the camera systems to automatically take money from one's bank account.

AdrianC

NigeWick wrote: »

I suspect government will just charge all vehicles for road mileage traveled using the camera systems

While road pricing is inevitable sooner or later, outside the core trunk network, there's a HELL of a lot of infrastructure going to be needed...

What's more likely in the short-to-medium term is something akin to insurance black boxes.

Martyn1981

zeupater wrote: »

Hi

Also, as construction is totally irrelevant to EVs (apart from relatively minor supporting infrastructure changes), it's apparent that yet another round of the old 'smoke & mirrors' ploy is in play ...

What is relevant to the discussion is that the 2008 Climate Change Act ( https://www.legislation.gov.uk/ukpga/2008/27/contents ) stipulates that total emissions must be reduced by 80% by 2050, which means that domestic transport (As per the 24% raised) must play it's part ... if all other sectors were to achieve a reduction of 100% (impossible!) & transport does nothing, then the overall target is missed by 4% & if the scenario is that all other sectors meet their targets and transport does nothing, the emissions in 2050 will be 96% higher than the agreed target ...that's the scale of things & that's all that really needs to be considered as it provides the underlying reason as to why transport electrification will happen in the UK and why it will be made to happen by successive governments ...

If governments, including that of the UK, have levers to pull, they will pull those levers as hard as necessary to a point where those in denial will start to question the validity of their own position, as has been the case since the Kyoto Protocol was signed a couple of decades ago ... it's just that most people didn't realise the implications at the time & probably still don't!

HTH
Z

The good news here though is that GHG's from transport now look like shifting from 'hard to solve' to 'easy and cheap to solve'. If people and companies transition to EV's naturally (they are better / more economical) then you get a massive win for little actual trouble/expenditure (the expenditure on the car (or TCO to be more accurate) would have happened anyway). And the gains become even greater as we shift to more RE generation, further reducing the CO2/kWh, since there is no issue of scalability, and cost wise RE, or even RE + storage is looking like the cheapest option.

With regard to government revenue raised in other posts, it's nice to see that NHS savings are being recognised, and of course the growing financial impact of AGW that EV's will help to reduce, whereas fuel levies will only provide us with some of the money to meet the costs rather than reducing the costs in the first place.

zeupater

Car_54 wrote: »

Except that it is a fundemental principle of our constitution that no parliament can bind its successors, so the Climate Change Act can easily be repealed or amended.

Hi

... except that the UK doesn't have a 'constitution' as such & that far from being a 'fundamental principle' it's a mere conceptual theory!

I agree that any successor government could attempt to repeal the Act, however, unless it's replaced by similar protective legislation, there's little chance that the attempt would go unchallenged within both Westminster houses & through the judicial process ... my guess is that too much water has already passed under the bridge to warrant any party making such a fundamental decision as to withdraw from long standing treaty obligations with all of the implications involved ... apart from that, the motor industry is global so the volume of water flowing under that bridge is far too great for the UK alone to hold back - no matter which leader believes that they're a reborn Canute, the outcome will be the same ...

If necessary, further discussion along these lines should/could be debated on other threads, alongside the detrimental climatic contribution of the construction industry ...

HTH
Z