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View Diary: Carbon Bubble will plunge the world into another financial crisis says report (31 comments)

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  •  1. Divest 2. Take steps to de-value Fossil Fuels. (2+ / 0-)
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    Odysseus, Ashaman

    As I wrote Sunday in my #NOKXL blogathon entry, one of the potentially most effective ways to devalue fossil fuels - yet largely overlooked by the progressive community - is switching to EVs and plug-ins.

    Some people didn't like the idea, suggesting

    - that using transit or walk/bike is better (right),
    - that EV/plug-in GHG footprint is similar to combustion cars (wrong, and it is getting even better fast), or
    - that buying a car too soon is environmentally unsound (usually right, tho not always, see link above; besides, I am not advocating for people to buy cars too soon).

    But all these comments are missing the elephant in the room. The point is precisely a perception game with the conventional-thinking economic players, over the auto market. The value of oil as perceived by Wall Street et al., can take an immense hit once EV/plug-in sales reach a critical threshold.

    They are already increasing exponentially, and 2013 can be the breakthrough year. In March, new EV/plug-in sales accounted for >1% of US cars sales (excluding trucks). And the direction is up.

    Oil is already under siege from most of the world's governments, grassroots efforts, as well as simple real economics. So far, the jerks are whistling past the graveyard. The advent of mass EV/plug-in sales can be the final straw that forces the bet-makers to open their eyes and realize that this precious Tar Sands et al. crap is actually worthless now.

    •  I got 81MPGe on my last tank. (1+ / 0-)
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      I broke the 80MPG mark on my last tank of gas. I've got a new Ford C-Max Energi PHEV. And being a technology geek, I like boasting about it.

      But you're right. It's not just pressure on my friends to do better than me, it's a statement that should scare the crap out of the oil companies, and anyone invested in oil companies. I've got a car that requires very little compromise, is not horribly expensive as new cars go, and shows people how easy it is to drastically reduce their gas consumption. This is almost a textbook example of disruptive technology, and it's the oil industry that is going to be disrupted.

      •  I inflated my bikes tires last weekend and (1+ / 0-)
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        rode the bus today.

        Macca's Meatless Monday

        by VL Baker on Wed Apr 24, 2013 at 03:50:37 PM PDT

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        •  I ride the bus to work every day. Not the point. (1+ / 0-)
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          Again, the point is:

          We cannot make the new-auto market disappear.

          In fact, if new auto sales were to grind to zero right now, the effect on the economy and ordinary people's lives might be devastating.

          But we can take on the auto market, and beat the crap out of oil in its own game - right now. By convincing those who do need/plan to buy a new car, to buy an EV/plug-in.

          •  we need to move away from car culture.. (0+ / 0-)


            Making a new car creates as much carbon pollution as driving it, so it's often better to keep your old banger on the road than to upgrade to a greener model.

            There's car share, zipcar etc. but building a car creates more emissions than its lifetime of use.

            Macca's Meatless Monday

            by VL Baker on Wed Apr 24, 2013 at 04:18:45 PM PDT

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            •  forgot to mention the highway system... (0+ / 0-)

              what a debacle..definitely don't need to build more highways for cars.

              Macca's Meatless Monday

              by VL Baker on Wed Apr 24, 2013 at 04:58:39 PM PDT

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            •  Absolutism won't get us anywhere either. (1+ / 0-)
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              I'm all for weaning ourselves off of car culture.

              Barring major drastic catastrophe, this won't happen in a day or even in a decade.

              But having many of those who - to repeat myself ad nauseaum - are buying a new car this year anyway, having those people buy cars that need no (or almost no) oil, will be a huge hit on the oil industry. And therefore, a huge boost in the battle to stop climate change.

              Conversely: if your only vision to stop global warming is that 100% of Americans will be as green in their daily lives as yourself, and if you are morally unwilling to accept other avenue as helpful - then you are essentially guaranteeing our failure.

              •  be the change. many want the solution for CC (0+ / 0-)

                to come from somewhere up above but climate change is a problem of consumption...our consumption.  It isn't a hands off problem...we all have to contribute.

                Macca's Meatless Monday

                by VL Baker on Wed Apr 24, 2013 at 05:22:03 PM PDT

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                •  "my way or the highway" does not contribute. (1+ / 0-)
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                  Getting an electric car nowadays is very far from being "hands-off." It might mean charging with extension cords every night instead of just rolling into a gas station once a week. It means having to carefully plan any drive beyond the ordinary daily ones.

                  It also means putting a lot of your savings into a technology that isn't yet mature, which is quite a risk.

                  We did it in order to help bring the change.

                  And I will continue to feel great with having bought (or rather, leased) an electric car, and will try to convince others to do likewise - no matter how many purity trolls insinuate that I'm some sort of lazy degenerate consumerist  (as if they know me at all), for even daring to discuss the topic of buying cars here (as if the universe outside the virtual orange pages has ceased to exist).

                  Try to broaden your horizons as to what "change" might consist of. It will greatly increase your ability to stop climate change.

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