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Politics : Politics of Energy

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To: Hawkmoon who wrote (10851)7/8/2009 7:36:26 AM
From: Road Walker  Read Replies (2) of 86356
 
Well.. get us one that will last for 10 years, retaining at least 80% of its original charge capacity and then we can talk. Making it easily recyclable will be a bigger bonus.

Just food for thought:

Let's say you are buying a car one year from now, and there is a selection of ICE cars that get 20 something miles per gallon, hybrids that get 50ish miles per gallon, and plug in hybrids that get 100 miles per gallon. You plan to keep this vehicle for 8-10 years. The cost of the vehicles, respectively, are $22K, $28K and $35K.

One of the things you are doing when you make this decision is betting on the price of gasoline in say 2 years, 5 years, 8 years. (Does anyone think gasoline won't be more expensive in 8 years?) The question is... how much more expensive?

Say you buy the ICE car and in 4 years the price of a gallon of gasoline is $6? In 6 years it is $8? In 8 years it is $10. What's the value of your ICE car at those gasoline prices? What was the wisdom of your original decision?

All numbers off the top of my head and just thinking out loud.
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