Ratheesh Pisharody writes: A classic method of avoiding personal sacrifice is to explore “alternatives”. The individual thought behind this is simple. “Can I keep sitting on my privileges by pretending to make a dramatic change with sufficient optics and industry backing, but with no personal cost/effort?”. And the pop-icon of “alternatives” is the electric car.
Prem Shankar Jha in The Wire: When nearly 350 million vehicles have to be charged every day, not only will an entire nation-wide, and therefore expensive, recharging infrastructure have to be built, but the power these vehicles will consume will have to be generated first. Nearly all of this will have to come from coal.
Jeremy Leggett writes: A Saudi Prince talks of his nation’s “dangerous addiction” to oil. A Bloomberg guru talks of renewables “crushing” fossil fuels. Arguably the most successful entrepreneur ever turns the unveiling of an electric car into the most successful product launch in history. Plus much more that would have been unimaginable a year ago.
In the Union Budget, the government has decided to exempt the new-age cesses on electric and hybrid cars. But are these green cars really green? They do not pollute the areas that they are being used in because all they are doing is move the pollution from the point of movement to the source of electricity.
The Peak Oil Crisis: Iraq on the Precipice From Oilprice.com ISIS now has control of one of three major refineries in Iraq which supplies the motor fuel and oil for power stations for the northern part of Iraq. Let’s assume, however, that before this year or next is out, Iraqi oil exports drop substantially as