2 years agoYou keep showing Elon, but ignore Blackrock, jp Morgan chase, vanguard etc literally institutions who have trillions, these are the ones who likely buy senators and politicians alike.
2 years agoAre you following the drama surrounding Northvolt – the battery factory deep in the forests of northern Sweden? 90 billion kroner have been invested in this European prestige project. “Fix the problem, not the symptoms.” The global focus on electric vehicles is misguided; there is a need to address fundamental mistakes. In Denmark, the goal is to have one million electric vehicles on the roads by 2030, which would represent almost a fifth of the country’s population of 5.8 million. But what does the equation look like if the world’s largest countries were to follow suit? For China, with 1.4 billion people, this would mean 241 million electric vehicles, and India would require the same number. Globally, 1.38 billion new electric vehicles would need to be produced in the next five years to achieve the same ratio as Denmark. The strategy is unsustainable. “Electric vehicles are not sustainable.” They require huge amounts of energy and resources, both for production and operation, which the world’s current energy sources cannot supply sustainably. The problem is even greater when it comes to overall economic growth and the massive investments in new “green” fuel. There is a need for fewer cars in the world – not more. The solution is not to replace fossil-fueled cars with electric ones, but to fundamentally change our transportation habits. Public transport, shared mobility solutions, and a reduction in the overall need for cars are real pathways to a sustainable future. The message is clear: Forget about billions of new electric cars. The global community needs to think bigger and address the real problem – not just the symptoms.
