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ICE car values plummet in China and it is the canary in the coal mine


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  • Gold Member
14 minutes ago, mtnloverxtreme2 said:

as they build a new coal fired gen plant every second week

Much cleaner to use coal to generate electricity for transportation then it is to power vehicles directly with gas or diesel

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2 hours ago, spin_dry said:

Sounds like China is trying hard to clean up their air and be more anti climate change. 
 

https://electrek.co/2023/04/01/ice-car-values-plummet-in-china-and-it-is-the-canary-in-the-coal-mine/

Only time they tried to clean up their act was before the Olympics so the smog level wouldn’t be so visible on tv 

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59 minutes ago, BOHICA said:

Much cleaner to use coal to generate electricity for transportation then it is to power vehicles directly with gas or diesel

Possibly. I’m not sure anyone here has the fundamentals required to make that type of assessment. It’s depends on the scrubbers China may use and the type of maintenance schedule on those scrubbers. While China is buiding out a lot of coal fired plants, it’s expanding solar to a greater degree, adding 120 gigawatts for 2023. That’s 6 times the rate of America in adapting solar. America is really fucking stupid over the solar issue. 

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1 minute ago, spin_dry said:

Possibly. I’m not sure anyone here has the fundamentals required to make that type of assessment. It’s depends on the scrubbers China may use and the type of maintenance schedule on those scrubbers. While China is buiding out a lot of coal fired plants, it’s expanding solar to a greater degree, adding 120 gigawatts for 2023. That’s 6 times the rate of America in adapting solar. America is really fucking stupid over the solar issue. 

Takes massive amounts of energy to harvest crude, process it and deliver it.  If Chinas power grid is coal it takes massive amounts of it to just get gas in consumers vehicles

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Just now, BOHICA said:

Takes massive amounts of energy to harvest crude, process it and deliver it.  If Chinas power grid is coal it takes massive amounts of it to just get gas in consumers vehicles

China was also experiencing massive electrical blackouts and power grid shut downs prior to the pandemic. Businesses were ordered to shut down for days at a time. Their grid absolutely sucks ass. It’s far worse than what we have here. Just scratch under the surface and you’ll see how fucked up electrification is in China.  

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7 hours ago, BOHICA said:

Much cleaner to use coal to generate electricity for transportation then it is to power vehicles directly with gas or diesel

Bullshit  . In America poss China no fucking way . And that is only if you don't include the raw material and shipping in to the game 

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5 minutes ago, Ez ryder said:

Bullshit  . In America poss China no fucking way . And that is only if you don't include the raw material and shipping in to the game 

Electricity is the fuel.

oil doesn’t bubble out of the ground and turn into gasoline that magically appears in your tank.  
 

Very energy intensive to produce gas and diesel.

 

 

China doesn’t have US or Euro level emissions on there vehicles either.  They have dirty ice cars and dirty power plants

Edited by BOHICA
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Less energy to get and refine gas than build  battery packs and the energy to power them especaly if powering with coal shipped to China with bunker fuel 

You know the same bunker tankers used to ship lithium 

 

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10 minutes ago, Ez ryder said:

Less energy to get and refine gas than build  battery packs and the energy to power them especaly if powering with coal shipped to China with bunker fuel 

You know the same bunker tankers used to ship lithium 

 

Battery packs aren’t the fuel source.  While EV’s take make more emissions to build their fuel sources produce much less emissions and become a net emission reduction vs ICE vehicles.  
 

China doesn’t have a large domestic oil production and import the majority of there fossil fuels for transportation.  Lots of emissions involved in getting crude and fuels to China.  Then lots of emissions generated to get it into the tanks and burned in relatively dirt cars.

 

China produces most of its coal needs locally and has small amounts of imports 

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