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I find it hilarious how people are talking about oil in a 911 forum with their avatars being 911s. Almost everything you own is made with oil. You're literally wearing it. Living in it. Driving it. Give me a break.
I find it hilarious how people are talking about oil in a 911 forum with their avatars being 911s. Almost everything you own is made with oil. You're literally wearing it. Living in it. Driving it. Give me a break.
Wow. Rich and stupid. Most people actually want to do more than virtue signal with their EVs. Using slave labor to mine minerals that make your insignificant contribution to reducing emissions must make you feel better. I drive my 911 every day and am looking for a good Ferrari F12 for weekend drives. Look into the unbelievable environmental destruction the Chinese are doing to provide you with your precious EV materials. Rich and stupid is no way to go through life.
Old man with his brain pickled on Fox News living in Northern California and hating himself and everyone around him looks to live out tortured cliche by buying a Ferrari to make himself feel better about his declining vitality and pending mortality and to salve his anger at life for whatever it is he thinks it's done to him. I'm out, homie.
Old man with his brain pickled on Fox News living in Northern California and hating himself and everyone around him looks to live out tortured cliche by buying a Ferrari to make himself feel better about his declining vitality and pending mortality and to salve his anger at life for whatever it is he thinks it's done to him. I'm out, homie.
Don't let the door hit you on the way out. Ran the Dipsea this year and loving life. Even the Porsche investors are rebelling:
This is a failed technology that only exists because of politicians. Much better alternatives will develop as entrepreneurs continue to work on the best/most economical ways to improve transportation technology. Only idiots with more money than sense buy cars that lose half their value in one year.
Given how fast Porsche (and Audi) walked back diesel I'm pretty sure they'd walk back electric just as quickly as the market dictated. They're not putting money into alternative fuel for nothing. Besides, my local dealerships are full of electric Porsches. The stock hasn't moved in months even though they're offering some pretty nice discounts.
Last edited by George from MD; 06-20-2024 at 09:26 AM.
Have you ever stopped to look at the damage oil has done to the environment over the years? Exxon Valdez anyone? Torrey Canyon? Closer to home, Deepwater Horizon? Look, we know current mining practices aren’t great and need work but to pretend the oil industry is somehow immune from that - over more than a century - is just plain silly.
Do you not understand the ammount of plastics and synthetics that are created from oil? Your EV cant exist without oil either. Those spills werent gasoline.
Do you not understand the amount of plastics and synthetics that are created from oil? Your EV cant exist without oil either. Those spills weren't gasoline.
No they weren't, that is correct. According to information easily available on the web (and published by the oil industry) on average around 45% of a barrel of crude oil ends up as gasoline, and another 25-30% ends up as diesel or other fuel. Less than 20% ends up in 'other products'. Here's an example:
The actual facts are that China and India continue to build hundreds of unscrubbed coal plants each year, generating enormous amounts of additional pollution..
Progress will not happen over night…but it will happen.
Green Energy fun fact: China has built more than 648 new Coal fired electricity plants," reads a Facebook post.
But the claim is false. China has not built 648 power plants in any recent timespan.
China is one of the global leaders in developing and using coal power plants. However, this post misstates findings from a recent study, which detailed plants funded by Chinese investors but located in other countries. The 648 tally also included power plants using a variety of fuels – only a small portion use coal.
According to Springer, only 10% of the power-generating plants within the Boston University database are coal-powered. And not all of the power plants mentioned in the report can be considered "new" or functional, Springer said.
Ninety-six overseas coal plants financed by China have gone online in the last five years, and 344 total since 2010, said Lauri Myllyvirta, lead researcher at the Centre for Research on Energy and Clean Air.”
“China is the world's leader in electricity production from renewable energy sources, with over triple the generation of the second-ranking country, the United States. China's renewable energy sector is growing faster than its fossil fuels and nuclear power capacity, and is expected to contribute 43% of global renewable capacity growth.[1] China's total renewable energy capacity exceeded 1,000 GW in 2021, accounting for 43.5 per cent of the country's total power generation capacity, 10.2 percentage points higher than in 2015. The country aims to have 80 per cent of its total energy mix come from non-fossil fuel sources by 2060, and achieve a combined 1,200 GW of solar and wind capacity by 2030.[1] In 2023, it was reported that China was on track to reach 1,371 gigawatts of wind and solar by 2025, five years ahead of target due to new renewables installations breaking records.[2]”
“Keeping in mind the sustainable development goals, India's power generation mix is rapidly shifting towards a more significant share of renewable energy. Today, India is the world's third largest producer of renewable energy, with 40% of its installed electricity capacitycoming from non-fossil fuel sources.” Coal provides more than 70% of India's electricity - a figure the government predicts will come down to 55% by 2030 as the share of renewables rises.”
Last edited by CodyBigdog; 06-20-2024 at 03:32 PM.
And now the real reason Porsche will slow walk the move to electric. While Ferrari stock is up almost 40% over 12 months:
Porsche stock is down almost 40% over the same period:
Investors clearly don't like Porsche's current strategic direction, as it is out of step with what potential customers want at this time. My local dealer has 16 used Taycans sitting on their lot, and they are not moving.
One small volume car to make the politicians go away. Not changing the vast majority of their lineup as Porsche proposes.
“The Italian company is launching its first fully electric vehicle in the final quarter of 2025 and will open a new production site in Maranello, Italy, in June. Ferrari is forecasting that approximately 60% of its offer will be split between fully electric and hybrid cars by 2026.”
…Porsche is projecting that by 2030, 80% of their offerings will be electric/hybrid.
Last edited by CodyBigdog; 06-20-2024 at 08:56 PM.
06-19-2024, 01:28 AM
