Global Warming

David Goldstein comments:

Sadly, recent surveys have shown that many auto consumers place Global Warming near the bottom of their concerns.

Yes, this appears to be true. I have to guess that this is caused by a combination of three factors:

1) The oil companies actually have been effective at casting doubt over the whole theory of Global Warming. Over time, I believe this will come to be regarded as one of the single most despicable acts ever perpetrated on Earth’s population, rivaling the tobacco companies’ lies about the health risks of smoking.

2) People resist change in any form at any time, and are not anxious to give up their habit of pumping gas into their cars.

3) Especially when they’re financial endangered, people are not likely to bear an expense that does not immediately and directly benefit themselves and only themselves.

So yes, I agree that rising gas prices will be the driver for the consumer demand part of the equation in EV migration.  And fortunately, that’s right around the corner.