You're probably asking yourself whether we've gone completely insane, but maybe you aren't.
Electric cars will be available to a much larger number of people over the next ten years or so, and after that the avalanche will begin. In 20 years, it might be that the majority of us drive electric every day. However, global warming isn't going to stop because certain American leaders have excluded themselves from this trend.
When Asia's middle classes reach critical mass, vehicle purchases will skyrocket. During the post-World War II era in Europe and the United States, economies expanded and people got richer. They purchased automobiles, bigger homes, and embarked on overseas vacations.
The same will happen in Asia as certainly as the sun rises in the east tomorrow. According to actual science (as opposed to alternative science), we are already warming the planet worryingly quickly, so there is no way that a proliferation of new, basic, inexpensive, and inefficient automobiles in countries with tens of billions of people can be beneficial.
According to the World Energy Council, global demand for oil is expected to surpass 100 million barrels per day in 2035. “It's not about Tesla and the United States. It's because 2 billion people, much of it in Asia, are on their way up the economic ladder, enabling them to buy their first car.
Worse still, the firm expects demand for oil to peak ten years later, sometime in the mid-2040s. Naturally, Greenpeace was enraged. Why should BP be realistic when they should just keep promising that we'll all be riding around in Nissan Leafs by March?
Anyway, the truth is that, short of something earth-shattering, Asia will soon begin burning so much fuel that current American consumption would look like a quick sip at the worldwide oil well. But that's precisely why we need to start taking action now to counteract it as much as possible. We shouldn't be fighting or debating the benefits of investing.
Some people will say that Asian development makes Western environmentalism irrelevant, but this is because the same growth necessitates our greater attention to global warming, working in any way we can to compensate for East Asia's voracious consumption. And by extension, this implies we must begin considering electric vehicles more seriously.
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