On
27 December 2024 at 10:57 Circlip Said:
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And where is the money for that going to come from?…
Same place as the money used to fund coal mines, oil rigs, pipelines, railways, 300,000+ ton super-tankers, massive deep-water sea-ports, huge oil refineries and storage tanks, and thousands of road tankers delivering to thousands of petrol stations, each of which has to replace it’s underground storage every 15 years or so. The infrastructure cost of supplying fossil fuels runs into hundreds of billions, way beyond a putting a few panels on a handy roof!
That expensive infrastructure is to supply existing requirements, so there is less risk of getting no return.
Now take, as an example, hydrogen powered cars.
For the manufacturers, there’s nothing new or different to what they already do. So much so, that Toyota UK will already sell you one. But it’s a massive gamble for you to spend £65,000 when there’s less than a score of fuelling stations in the country.
For the fuel suppliers, there are several problems: the cost of hydrogen production plants, supply chains and delivery equipment has to be done from scratch. Which is insanely expensive even if piggy-backed into tanker and petrol stations. When there is no existing demand for any of that no one is going to spend their own money, or be able to borrow it without external forces. Which is usually government encouragement, backing and legislation. Consider how well the 2030 EV only requirement is going, when the buyers are stepping back from the initial flood of enthusiasm for such things.
Intelligent combinations of EV and ICE vehicles are still the only feasible solution, as the solutions can be built into existing infrastructure development that is required anyway. Anyone who thinks a complex problem will be solved with a single, simple blanket statement of policy has a long career ahead of them as a politician. Some phrases for them to practice: smart motorways, windfarms, heat pumps, send them to Rwanda, take back the Panama canal, let’s go to Mars, we’ll take Ukraine before anyone can stop us, etc.