posted on Aug, 28 2009 @ 10:16 PM
reply to post by duble0peter
I don't see the end of a gas powered car in the future and don't think big oil needs to do anything to hide/stop anything. A few thoughts:
The power grid in the US is in terrible condition. It simply can not handle a massive number of electric cars. Unless we get serious with nuclear
power, which I don't see due to the environmental pressure groups, it will take billions and decades to enhance the grid. The California electric
company is giving folks for money to turn in refrigerators for new energy efficient ones is due to the fact that they need to cut consumption or they
will need to build more plants.
The oil companys are not oil companys any longer. They are "energy" companys. They are heavily invested in battery technology, wind and solar
technology. They will continue to win and win big regardless of the technology used to power cars. If you do a bit of research into who is
providing angel funding to the alternative energy start-ups, when you get to the bottom it is largely massive multi-nationals, specifically oil and
aero-space firms, such as GE.
They have this deal covered. They are even investing in solid waste disposal firms/technology as the disposal of batterys, should the electronic car
become mainstream, disposing of the batterys will be a huge issue to deal with and an issue that some firms will make a lot of coin in.
They will always be with us and they will always win. They have too much cash not to place a ton of different bets on the table at the same time