Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
- Posts
- 12,237
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- 8,484
The only difficulty with hydrogen, at this point in time, is the amount of electricity required to produce it.
This won't be an issue when we have ample renewable energy.
so yeah, its not that I have a vested interest in electric cars at all, the opposite is true.
Just incase people think my opinion of electric vs Hydrogen or Electric vs ICE is swayed by some investment interest I have is Tesla or Lithium or something, you couldn't be more wrong.
I have no investment exposure to Tesla at all, and no exposure to lithium(that I know of)
I actually have investments in the opposite side, I would benefit greatly from the continued use of ICE cars because I have investments in Oil and Gas wells, Oil Refineries and General Motors.
And I would benefit greatly from the use of hydrogen because I own APA who are the biggest transporter of Natural gas in Australia, I own Gas Pipelines in the USA and as I said I own oil and gas wells around the world.
so yeah, its not that I have a vested interest in electric cars at all, the opposite is true.
lol, I own shares, not whole companies.Wait, do you own these the way we all own RIO, BHP, CBA and the likes? Or own them, own them?
If so, how can we be sure you're not going to buy Tesla and lithium tomorow?
Another issue I have learnt in the past with H2 is its leakeability; it is VERY hard to contain with tanks, caps/seals/etc much harder than normal compressed gas.Have I been told wrong?
Don't we need all the generators we can get ?
It would be an economic reasoning mixed with a bit of politics.Isn't South Australia part of the national grid ? Don't we need all the generators we can get ?
The logical aim of electric transport is to (1) avoid the use of high grade fossil fuels and (2) address issues with local air emissions etc. With our present energy supply infrastructure simply adding electric vehicles fails when it comes to avoiding the use if high grade fuels. At best we end up swapping petrol for gas
lol, I own shares, not whole companies.
General Motors, Oil refineries and gas pipelines via Berkshire hathaway
Oil and gas wells via BHP
More gas pipelines via APA
If so, why would I be talking them up today, that would make it more expensive for me.
Maybe one day I will buy Tesla, but I am not smart enough to know how to value it today, as for lithium maybe if BHP or FMG buy a mine somewhere, but thats it.
Your average ICE car uses less fuel when going down hill or slowing down for that red light, But in an electric car going down hill or slowing down actually adds "fuel to your tank" (so to speak)
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