Australia's largest stock trading and investment forum Australia's #1 stock forum

very curious...?!?!, page-14

First 14 Last

Share
Profile

Follow
Renovadio

245 Posts.

1

27/03/17

11:22

Post #: 23644560
Share

Originally posted by gastrader ↑

The change to Low emission technologies is now unstoppable because of the OVERALL economics supporting the change despite what is likely to be historically low oil prices into the future. Normal supply /demand laws will apply.
There are MANY other reasons why people would choose alternatives to oil. For example, EV's have (10) x less moving parts in the motors than combustion engines and will be significantly cheaper to buy and maintain , aside from being able to fill up the tank for free. It won't take long to cover the cost of replacement batteries when needed. The revolution is starting and unit costs for EV's will be comparable to avg car costs within 2 -3 years and much much cheaper within 5-10 years through efficiencies of scale of production. Countries like China will continue to subsidize this change so they can actually breath.
Ever increasing electricity prices will push people to personal battery banks, and as we are seeing energy suppliers will also inevitably move to battery storage. It is already making economic sense over and above the obvious environmental necessity.
The politicians of the 'right' in this country and people like Trump can stick their heads in the sand, but the revolution will continue despite them trying to hold it back.

Expand

nice reply...thank you

PLS Price at posting: 44.5¢ Sentiment: Buy Disclosure: Held
Upvote

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 6 more messages in this thread...

First 14 Last

very curious...?!?!, page-14

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Featured News

Featured News

very curious...?!?!, page-14

Top Stories

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Featured News

Featured News