EV News Stars of the Week (Click Pic)
Electric vehicle news and greentech news updated frequently (latest 5 stars highlighted).
EV News Report covers the top electric car, electric bus and electric train stories. Electric vehicles are the crux of the sustainable matter. In a world of 7 billion plus people, transportation is the toughest transition. Battery production is the key.
Approximately 89 million new autos will be delivered globally in 2015 with the vast majority being powered by petroleum. To put that statistic into perspective, Tesla Motors plans to be delivering 100,000 electric cars on an annualized basis in late 2015.
The world demands a clean environment. In congested cities, modern electric subways, streetcars, light rail and train services are the most logical transportation choices. Urbanites want safe walking and biking routes. Clean air zones are good for business. Clean technologies make jobs. A good mayor is the key.
Simple metric to judge US Congress
Gasoline demand averaged 8.9 mb/day over the last four weeks (EIA, week ending 1-23-15), up 8.0% yoy. Congress failed to raise the gas tax!
Secondarily, EV News Report covers leaders in greentech, focusing on solar, wind, battery storage and HVDC. In the drive to 100% renewable, states and localities are finding an increasing number of greentech opportunities to power their economies. Prices keep falling. Demand keeps rising. The world economy booms.
Electric vehicles and solar have the most potential to surprise. However, the world is full of surprises.
Bond bubble will likely burst in 2015. President of St. Louis Federal Reserve James Bullard stated on Bloomberg (1-30-15) that he sees unemployment under 5% in Q3. Given the multiple potential problems with the international oil market, it is not difficult to imagine panic in the bond market.
Post Carbon Institute expects US oil production to start declining again around 2016-2017. Production may decline sooner if oil prices stay in the 40s. The US Dollar’s reserve status will only blunt US inflation in the peak oil era. The bond bubble will burst. Gold and silver will rise.
China will float the Yuan to gain reserve currency status. However, weak oil dependent nations will suffer during peak oil. Eventually, humanity riding electric vehicles powered by greentech will kick its addiction to oil. A rising Yuan will float the currencies of the East. The Euro region will integrate its financial system. The world will be more stable under three major reserve currencies.