Electric Vehicle Update
Electric Vehicle Update
Cleveland Scrap Cars is a local outfit who scraps cars, executes junk car towing, and processes you old car scrap. We are one “sell us your car” option amid those who scraps cars. We are a junk vehicle buyer that is paying cash for wrecked cars or non-running cars 6 days a week. Next we take a look at the future of the global economy as it is relates to the “green” movement.
NY Old Car Scrap
On December 2, 2015 Michael Gartland of nypost.com posted a story titled ‘City to add 2,000 electric cars to municipal-fleet’ with the following: “NYC plans to roll out 2,000 new electric cars over the next decade, giving NY the largest fleet of EVs in the US and expected to help cut city car emissions by at least 9% by 2025. The capital costs, which include creating charging stations for the vehicles — are expected to range from $50-$80M, per spokeswoman Amy Spitalnick. The plan also expands anti-idling devices in sanitation trucks & other vehicles to reduce emissions, and increase the use of biodiesel & natural gas.” The article is available in its entirety at this link.
New York City is the largest regional economy in the US.[1] Keeping this in mind, it is not overly surprising that they lead the way into the adoption of electric vehicles into their municipal fleet. Even if the costs of the program were to swell to 90M, it seems that cutting city vehicle emissions by 9% is good, yet seems lackluster. I’d like to see the program reinvented with an even 100M in investment and a more aggressive 15% reduction in emissions.
In the December 1, 2015 edition of theweek.com, Jeff Spross wrote an article titled “Will the world innovate its way out of climate disaster?’, which illustrated interesting factors concerning the environment as follows: “The possibility of coordinated global action to cut down greenhouse gas emissions continues with the same conflict. Economic powers like the US and EU reached their current stage by burning fossil fuels, with no plans to significantly slow. The effects of greenhouse gas emissions are cumulative, thus poorer countries have no room to emit anything without driving the total amount of carbon in the beyond safe limits. Developing countries seek to gain economic development by burning fossil fuels. This situation basically brings us back to the topic of batteries.
GM’s lithium-ion batteries it uses in electric cars can now be produced for roughly $145 per kilowatt hour (kWh), an enormous drop from where they were. Tesla is having similar results and that’s a big deal for the electric car industry, as batteries are one of the biggest contributors to high prices for EVs. At some point, we won’t have to encourage people to buy EVs with subsidies or eco-friendly press campaigns–the market will. Any home solar array needs to store energy for use at night, or in low-sunlight winter months. With the dropping costs of solar panel technology and batteries, we’re approaching a point where the cost of a home solar array will actually be lower cost vs the traditional grid during that solar array’s lifecycle.
Green energy is catching up; overall, wind is cheaper than coal or natural gas in the US. With govt. subsidies, large solar arrays have outpaced some forms of coal & natural gas. Imagine when some American households drop off the grid entirely? Households could rely on battery storage to span the intermittency of solar & wind, and electric cars could draw on that same energy mix and this system could cost less than our current one. We have a whole economic infrastructure set up for fossil fuels. Switching to green alternatives requires enormous up-front costs, needing big public spending for the initial investment hump. More US and EU deficit spending is what’s needed to get the global economy back on its feet. This spending would boost employment & raise inflation back to a healthy level, which would re-balance global trade flows and start closing the US trade deficit. It would move us back to proper global trade: where poor countries run trade deficits with rich ones to bring in the resources to develop their economies. The developed world has a fossil-fuel-based infrastructure to replace — the developing world is still building theirs. Building green energy infrastructure from scratch is economically viable, just needing rich countries to build all the green energy capital to buy. We wouldn’t even need a grand international plan, just need the US & EU to undertake the economic policies they should be adopting anyway.” The complete article is available here.
Who scraps cars in Cleveland?
When it is time for old car scrap and junk car towing, CSC is awaiting your call. Give our junk vehicle buyer a call today for quick junk car quote. Included in our services is complimentary junk car towing and scrap vehicle removal. We encourage residents of Cuyahoga, Lake and Geauga Counties to also visit us online at http://www.ClevelandScrapCars.com
[1] https://en.wikipedia.org/wiki/Economy_of_New_York_City