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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (13956)	6/9/2022 12:58:14 PM
From: TigerPaw	Read Replies (3) \| Respond to of 26767

I am sure my gardener, who lives in a rent stabilized apartment, would like to know where he can buy.... I'm sure he'd like to know where he can buy any vehicle he can afford. The oil oligarchs are extra active now, because now with the opening of two new Tesla plants, and the arrival of the Ford pickups the auto industry is at a tipping point where EV vehicles are at least as cost effective as ICE vehicles. The real change comes with clean green bulk electricity production. It's now cheaper to put up a wind farm than a gas-powered (or coal powered) electric plant. The lease or purchase of land rights for wind turbines is about equivalent as oil/gas leases, and the capital cost of the equipment are near equivalent . The primary cost in both cases is the electromagnetic windings needed to actually produce the electricity. The real difference is once the land is leased and windings are instaslled, there is no further fuel cost to the clean green wind or solar installation. Decades of electric generation with no further fuel. There is no way a fossil fuel solution can compete with that. The EV vehicles are the beneficiary of the cheap bulk electricity, while the ICE vehicles have to transport flammable liquids all over the place to keep ICE vehicles moving. What a waste.