General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOur Kids Will Be Paying The $20 A Gallon We Aren't Paying
When climate change works its eventual undeniably coming magic.
Drill now pay later!!!!
Sorry kids.
brush
(53,998 posts)to $20-a-gallon gas.
Even at today's prices, massive reserves become financially viable to exploit. We likely will never see $20 gas (in today's dollars).
gldstwmn
(4,575 posts)Covd has already hastened that mindset.
brush
(53,998 posts)Especially since major car manufacturers are already phasing out gasoline-powered production.
gldstwmn
(4,575 posts)Every response seems like some sort of provocation lately.
brush
(53,998 posts)the subject of the OP? Explain your point.
gldstwmn
(4,575 posts)brush
(53,998 posts)gldstwmn
(4,575 posts)NickB79
(19,309 posts)Think of it like sewage. A city dumps it's waste directly into a river, so it doesn't have to pay for a water treatment plant. It's residents pay almost nothing in sewer bills. They think it's a great deal.
Until the river is a dead, rotting mess, the fishing is gone, the property values are shot, and it finally catches on fire and forces the residents to flee. The city is on the hook for cleanup and economic damage that's 10X what a water treatment plant would have cost in the first place.
We're currently using the atmosphere as our dumping grounds for fossil wastes. It's just a matter of time before we get the bill, but it is coming, and it will be HUGE.
brush
(53,998 posts)the planet (most of us here know that well), but part of the reaction to, and partial remedy to said abuse is to stop burning so much fossil fuels, which is of course where EVs come in and why gas won't ever get to $20 per but for maybe collectors who will need the remaining, niche gasoline outlets to run their prize gas-powered cars. And of course there will be the remaining daily driver gas cars which will decrease yearly as they eventually make their way to the junkyard.
NickB79
(19,309 posts)It's like the city analogy I used: the residents initially paid a cheap price for sewer, even though the true price was much higher all along, as demonstrated by the cost of the eventual cleanup. The entire time they were dumping waste for cheap, they were racking up that debt.
Just like we have been for the past 200 years.
brush
(53,998 posts)snowybirdie
(5,258 posts)Within 20 years, I'm betting. Fossil fuels will be a thing of the past.
SergeStorms
(19,208 posts)to make all the plastic shit we buy from China.
ProfessorGAC
(65,515 posts)There are some very promising developments in repolymerization going on right now that would make recycling very productive.
Today recycling is difficult, because truly reincorporating the recycled plastic into the new matrix is very difficult & expensive.
Only about 9% of "recycled" plastic is actually reprocessed. If they could reinitiate crosslinking of the recycled strands, preserving structural integrity, that number could easily hit 60%.
The chemistry being pursued is novel, but I can easily see how it could be scaled up to industrial volumes.
Let's hope.
Besides, the amount of plastics made from overall petroleum derivatives is pretty small. Getting off it as fuel would be enormous.
DanieRains
(4,619 posts)To what we pay today.
Probably more than $20.
brush
(53,998 posts)Last edited Mon Apr 18, 2022, 05:05 PM - Edit history (1)
You do know all the car companies are phasing out gasoline-powered vehicle production in a few years, right?
DanieRains
(4,619 posts)The ice won't stop melting for a while.
marie999
(3,334 posts)Then you will still see many gas-powered cars because cars last a lot longer now than they used to. Even our 2009 Kia Optima had 174,000 on it without a major repair when we gave it to friends of ours. And I will believe it when I see it that corporations will have all EV cars by 2045, well actually I won't see it unless I live to 102.
brush
(53,998 posts)a gallon here is doubtful.
DanieRains
(4,619 posts)Worse floods, droughts, hurricanes, fires. Then growing food far harder.
The Earth is being cooked.
brush
(53,998 posts)vehicles in the coming years will move economies away from fossil fuels.
Gas prices may very well be higher for collectors to be able to run their gas-powered prizes, also for the remaining daily driver gas-powered cars. But EVs will be the dominant autos in th not-so-distant future.
DanieRains
(4,619 posts)And more every day.
Our kids will get the bill.
Trillions.
NickB79
(19,309 posts)Climate change from fossil fuels is already costing the global economy billions each year.
The amount of warming we've locked in guarantees TRILLIONS in damages annually from crop failures, resource wars, flooding, heat waves, wildfires, etc.
When you calculate out the true cost of gasoline, we aren't paying anywhere near it's true cost.
What's the cost of coral reefs going extinct globally?
What's the cost of the Amazon being converted to grasslands?
What's the cost of the US Southwest, especially California, drying up and converting to permanent desert?
What's the cost of all coastal cities having to be rebuilt further inland?
Even if we transition to all EV's in 20 years, the damage is done because the carbon is in the air.
DanieRains
(4,619 posts)Thanks Nick.
tirebiter
(2,539 posts)Or my tire pressure checked?
BS on the concept that we wont figure out something to replace oil. I can already make ethanol, a number of ways to use diesel engines, steam, the list goes on. And on.
Caribbeans
(787 posts)Hydrogen is the answer to energy self-sufficiency - and the end of the despicable Petro-Dollar brought to us all by the despicable Nixon-Kissinger Saudi deal.
Smart people like Jennifer Granholm agree
lagomorph777
(30,613 posts)It's a fossil fool scam.
WarGamer
(12,530 posts)The Earthjustice paper shows that in the U.S., some 10 million metric tons of hydrogen are produced from oil and gas annually. But with only 1% of global hydrogen production using carbon capture and storage to reduce emissions, the hydrogen industry worldwide has a bigger carbon footprint than the nation of Germany.
DemocratSinceBirth
(99,719 posts)The answer should be obvious to anyone with even the most tenuous grasp of economics.
DanieRains
(4,619 posts)Yes some of us do math.
3 degrees Celsius temp rise worldwide.
How much will this cost?
Near extinction?
Not the cost of gas. The true price including externalities.