|
We get lots of ancillary benefits from the gas/diesel/jet fuel/bunker fuel market that make possible lots of other manufactured goods. With a diminished market for fuels, plastics, styrofoam and lots of manufactured goods would potentially be more expensive. Just magically flipping an EV switch doesn't do away with our demand for all those ancillary goods, but substantially decreasing demand for the primary liquids would absolutely increase pricing for the others.
Part of my paycheck comes from biodiesel. It's pretty cool stuff, burned in (coal and other) mines, the exhaust is non lethal and it works in existing machinery. It's also a market that EV's excel at. Alternative power sources are certainly coming, whether fools look for clean coal or think that petroleum is unlimited. But we're also wildly dependent on petrochemicals at present.
|