"All fossil-fuel vehicles will vanish in 8 years..."

[John Newman]

> On May 17, 2017, at 4:50 PM, juan <juan.g71 at gmail.com> wrote:
> 
> On Wed, 17 May 2017 14:25:10 -0400
> John Newman <jnn at synfin.org> wrote:
> 
> 
>> 
>> Stanford University economist
> 
>    so an 'economist' (LMAO) from the 'intellectual' core of
>    american 'progressive' fascism ('ivy league' universities) is
>    making a completely laughable prediction about...engineering? 
> 
>    wow, stanford 'economists' seem almost as omniscient as jesus =)
> 
>    Oh, and like a good progressive american he's fully convinced
>    that the whole world will be subjected to his 'utopia'
> 
>    "petrol cars....no longer  sold anywhere in the world"
> 
>    and 
> 
>    "Cities will ban human drivers" 
> 
>    Yeah! Land of the free and home of the brave! 
> 
> 
>    So what is this apart from crass propaganda? Sorry John, don't
>    take it personally. 
> 
>    


lol  - i never do ;)


> 
>> Tony Seba forecasts in his new report
>> that petrol or diesel cars, buses, or trucks will no longer be sold
>> anywhere in the world within the next eight years. As a result, the
>> transportation market will transition and switch entirely to
>> electrification, "leading to a collapse of oil prices and the demise
>> of the petroleum industry as we have known it for a century," reports
>> Financial Post. From the report:
>> Seba's premise is that people will stop driving altogether. They will
>> switch en masse to self-drive electric vehicles (EVs) that are ten
>> times cheaper to run than fossil-based cars, with a near-zero
>> marginal cost of fuel and an expected lifespan of 1 million miles.
>> Only nostalgics will cling to the old habit of car ownership. The
>> rest will adapt to vehicles on demand. It will become harder to find
>> a petrol station, spares, or anybody to fix the 2,000 moving parts
>> that bedevil the internal combustion engine. Dealers will disappear
>> by 2024. Cities will ban human drivers once the data confirms how
>> dangerous they can be behind a wheel. This will spread to suburbs,
>> and then beyond. There will be a "mass stranding of existing
>> vehicles." The value of second-hard cars will plunge. You will have
>> to pay to dispose of your old vehicle. It is a twin "death spiral"
>> for big oil and big autos, with ugly implications for some big
>> companies on the London Stock Exchange unless they adapt in time. The
>> long-term price of crude will fall to $25 a barrel. Most forms of
>> shale and deep-water drilling will no longer be viable. Assets will
>> be stranded. Scotland will forfeit any North Sea bonanza. Russia,
>> Saudi Arabia, Nigeria, and Venezuela will be in trouble.
>> 
>