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Will Electric Cars & Solar Power Make Gasoline & Utilities Obsolete?

cartechboy (2660665) writes | about 8 months ago

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cartechboy (2660665) writes "Since the dawn of time (or modern civilization) two things have happened: utility companies have made money by selling us electricity, and oil companies make money by selling us gasoline. But is it possible we are on the verge of upsetting this status quo? Tony Seba, an entrepreneur and lecturer at Standford University, is writing a book in which he essentially predicts electric cars and solar power will make gasoline and utilities obsolete by 2030. How you might ask? In his book titled "Disrupting Energy: How Silicon Valley Is Making Coal, Nuclear, Oil And Gas Obsolete," he predicts that as people buy electric cars the interest in clean energy will increase because who wouldn't want "free travel?" Combining the use of solar panels and electric cars, consumers would be able to do just that. The miles electric cars travel on grid energy stored in their batteries eliminates the demand for gasoline, and it turns out many electric-car owners have solar panels on their homes while eliminates or dramatically reduces their dependence on utilities. So as the amount of electric cars on the road increases, the cost of both solar panels electric-car battery packs will decrease, right? Which begs the question of whether cost is really the major barrier with electric cars and solar panels?"

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