From a tiny acorn
* NB. I am on vacation so postings will be light for 2-3 weeks*
Greetings
The new meme is that the coming decline in oil production will not be a problem. Why? Because the market will anticipate it and already have different energy sources, and infrastructure in place. In fact, some say the peak will occur, because of a lack of demand, not a lack of supply.
So, how's that coming along?
Year to date, EV sales are up 208% 2012 to 2013. PHEVs are up 38%.
http://evobsession.com/nissan-leaf-ford-evhybrid-sales-surge-gm-toyota-h...
That's nice, but how many cars were sold? Well, about 50,000. And the non electric sales? More like 14 million. It'll take a lot more doubling before EV's start crowding out gas vehicles.
50k, 100k, 200k, 400k, 800k. 1.6m. At this doubling rate ( unlikely). We hit 10% by 2018. Can tight oil push back the decline until then? Who knows.
Below, Heading Out of the oildrum, notes a similar lack of interest in natural gas vehicles. There are now only 20,000 on the road.
Why? The same old issues. Range problems. Little infrastructure.
http://www.theoildrum.com/node/9982#more
Labels: ev vehicles, natural gas vehicles, Peak demand
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