...it's not surprising that Jenkins has a tough time wrapping his mind about market success. ... In recent years, the WSJ editorial page has seen its programming fail to catch on ... The print version of the Wall Street Journal is failing to turn a profit consistently ... Finally, Dow Jones management ... has for years failed in the ultimate marketplace: the stock market.
I guess the real point is it seems to me that going to all-electric cars isn't going to reduce our dependence on FF for transportation entirely -- in fact the rough benefit is on the order of 30% -- unless we go to non-FF sources for the additional demand. Now, a 30% decrease in demand would tear the bottom out of the oil market, but it's hard to say how long it would take for, say China's demand to increase enough to negate that benefit.I've spent some time thinking about this and doing a lot of reading regarding the hardcore number-crunching. I think the benefit of an electric car infrastructure is more than JUST the potential 30% reduction in FF usage you'd get by centralizing the energy production.
verb, good point on increased efficiencies from centralization; I hadn't really thought about that. One thing that needs to be worked out is what happens in the case of another Katrina -- maybe cars will have fuel cells to better deal with extended periods off the grid.
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http://www.rushlimbaugh.com/home/da...tute.guest.html
Original URL for this article:
http://online.wsj.com/article/SB113332075479109882.html
I linked to a copy of the article, the WSJ won't let you see it directly unless you give them a credit card number.
posted by Ken McE at 4:09 PM on December 2, 2005