Ann Arbor (Informed Comment) – In July, China reached an unprecedented inflection point for an industrialized society, with more electric cars purchased than internal combustion engine (ICE) vehicles. William Gavin at Quartz points out that 3 years ago, only 7% of cars sold in China were EVs. Just this year, EV sales are up 37%. […]
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Green Transportation
China and the Slowing Petroleum Market: EVs displaced 1.5 mn. Barrels per Day in 2024
Ann Arbor (Informed Comment) – The International Energy Agency signaled last week that the rate of increase in world petroleum demand fell in the second quarter of 2024 to an 18-month low. The increased demand was only 710,000 barrels a day. The world used 102.04 million barrels per day of petroleum as of May. That […]
Germany’s EV Exports soar 58 percent to one Quarter of all Cars shipped Abroad
( Clean Energy Wire ) – The number of electric vehicles (EVs) exported from Germany rose sharply in 2023, meaning that EVs accounted for about one quarter of all car exports that year, the country’s statistical office Destatis has said. The country exported about 786,000 fully electric cars for a total value of roughly 36 […]
If Gaza is a Conflict over Oil Money investments, Norway points to a Near Future where Petroleum is Worthless
Ann Arbor (Informed Comment) – The Biden administration has concluded that the horrific Hamas attacks on Israel of October 7 and after aimed at derailing the normalization negotiations between Saudi Arabia and Israel. But why should this issue be so pressing as to cause a war? Saudi Arabia is the world’s swing petroleum exporter. The […]
Meeting Union Demands would be a Win-Win for Automakers
By Sonali Kolhatkar ( Otherwords.org) – The United Auto Workers (UAW), a union of nearly 150,000 workers at America’s “Big Three” automakers, are on strike. On the face of it, UAW’s demands sound audacious. They’re calling for a 46 percent pay raise and a four-day workweek, among other things. But in the broader context of […]
Selling like Hotcakes: 1 mn EVs sold in US during Past Year — which is Why UAW Workers deserve Green New Deal
Ann Arbor (Informed Comment) – A million purely battery-electric vehicles have been sold in the US during the past year, according to David Reichmuth at the Union of Concerned Scientists. Tom Randall at Bloomberg notes that it took 10 years for the first million EVs to be sold in the US, and it took two […]
Electric Vehicle Demand surge through 2030, So Why is the Oil Industry Doubling down on Production?
By Robert Brecha, University of Dayton | – Electric vehicle sales are growing faster than expected around the world, and, sales of gas- and diesel-powered vehicles have been falling. Yet, the U.S. government still forecasts an increasing demand for oil, and the oil industry is doubling down on production plans. (The Conversation) – Why is […]
How Zinc-Ion Batteries may solve our Renewable Energy Storage Problem
By Storm William D Gourley, McMaster University and Drew Higgins, McMaster University | – (The Conversation) – Hotter summers, drier forests, rising waters: climate change is not just a threat to our future, it’s hurting our world right now. While there are many ways human activity has brought about climate change, global electricity generation sources […]
How Nevada just became the Saudi Arabia of Lithium, as World’s Largest Deposit is discovered at Thacker Pass
Ann Arbor (Informed Comment) – In the scientific journal Science Advances, Thomas R. Benton and his colleagues published a paper last month showing that a volcanic crater, the McDermitt Caldera, stretching across the Nevada and Oregon border may have doubled the world’s accessible lithium deposits. There are an estimated 88 million tons of lithium reserves […]