China's EVs are fueling a big oil demand slowdown
China's EVs are fueling a big oil demand slowdown
Oil demand in China has slowed markedly this year amid the countrys shift to electric vehicles and natural gas, Goldman Sachs analysts said
Good.
I'm all for giving credit where credit is due.
Better headline
" China's EV Revolution Slows Oil Demand "
They sort of bury the lede by only mentioning it once in the tagline. Their consumption is also down because there is a massive widespread shift to using CNG/LNG in industrial vehicles/transport trucks instead of diesel, which is a majority driver of oil consumption in China's production-based economy.
True, but IIUC, the energy/mass of carbon might be better than diesel.
You are right, according to the Wikipedia:
CNG/LNG:CNG's energy density is the same as liquefied natural gas at 53.6 MJ/kg.
About 86.1% of diesel fuel mass is carbon, and when burned, it offers a net heating value of 43.1 MJ/kg as opposed to 43.2 MJ/kg for gasoline.
It also burns ridiculously cleaner as it does not have the typical long hydrocarbons and sulfur/metal contaminants that otherwise turn into air pollution. It's a smart choice in the short term.
Fueling a slowdown? Doesn't sound right.
That headline is a race track that leads to a brick wall.
I need a car because I live in a semi-rural area outside city limits the nearest public transportation would be a 2-mile walk including crossing a four-lane highway. I'm under no illusions that driving an EV will solve climate change, but boy would I like to never have to fill my car up in the middle of an Indiana February again.
I had coworkers that had all electric EVs (both had nissan leafs) 5 years ago and they both said it was like 7 dollars a month as a daily 60 mile per day commuter.
Aside from Teslas (which are afaik impossible to repair) the estimate is that due to fewer moving parts the lifetime maintenance costs are 2/3 the cost of gas vehicles AND the vehicles are expected to last longer in general (no giant gas engine that needs to be rebuilt every 200,000 miles)
This is one place where like gas car companies see this and keep trying to kick the can down the road
Today I sold my beloved 2008 Mini, partly because, while the engine was still completely sound at 130k miles (barring the turbo that blew up three years ago), the rest of the car was beginning to fall apart. One of the rear light clusters kept shorting, interior panels worked themselves loose, the AC stopped working, the self leveling mechanism in one of the headlights broke. And so on, and so on.
I’m genuinely sad that I had to let it go, but it was on the cusp of being a massive pain in the ass to sort out.
But that engine was still solid.
Why is Biz Insider so insistent on being cringe on top of being a worthless capitalist propaganda rag
Another benefit to the sanctions against Chinese EVs - gotta protect those oil profits!
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https://africa.businessinsider.com/markets/chinas-evs-are-fueling-a-big-oil-demand-slowdown/wqjf4c2
Good, I may not care about climate that much but I never liked the oil barons
Thats a strange thing to say. Even if the changes havent been dramatic where you live, it certainly will with time if we dont limit the damage done.
Same thing for example with animals. If you just post online on TikTok or twitter oh poor critters while eating meat or wearing fur and not doing anything that means you don’t care. So I prefer not lying to myself about it. I don’t care.
Workers rights in third world countries same thing. Didn’t do a single wallet voting? Then it means I don’t care. I am not going to virtue signal for fake points or clout. Action is caring, words are worthless deception, most often self-deception.
Is it clear what I am trying to convey? What I mean is all those communities like collapse or the like on Reddit they don’t really care about climate, poverty or any of it. They just use them to solve their mental health problems. Shift the blame and responsibility from themselves.
Those who care are aplenty though probably not enough and are doing various volunteering work.
Social media greatest tragedy is giving us the illusion that we are doing something. That we care.
No. If you care you do. If you don’t do - you don’t care, you are just lying to yourself that you do.You just cannot handle the reality of not being such a good, caring person as you imagine yourself to be hence you write a post on twitter, you read an article, you press the like button. It’s easy. Bam your precious self image is saved.