Not true. In 2027. There will be an extra 6.7% tax on gasoline. So not near triple. Also the individual countries can change their taxes on gasoline to revert the EU tax. Boosted magazine is 90% made up content, and not a trustworthy source. Most of their articles are actually false claims about EV’s. Like their recent article about EV fires has doubled in Denmark (from 1 to 2j but they do not mention how many EV’s we got (more than doubled) and that there are so few that statistics are inaccurate with that low number of fires.
@ChinaSongsCollection
3 ай бұрын
But anyway, it wouldn't make any difference if it was 6% or 600%. The fact is they will probably come up with an excuse to delay the rules before then. Most likely, the excuse will be Chinese EVs are still too strong. Europe can't compete.
@ceesheemskerk2397
3 ай бұрын
The bad thing is, that it is an EU tax. Slowly on they are bringing in collecting taxes. In that way the wealthy countries are going to pay the badly performing countries. Here in Holland we have 1500 billion euros pension money. That will disappear when the EU is going to collect taxes. Time to leave the EU and the euro
@joergfeler351
3 ай бұрын
@@ChinaSongsCollectionAt least it makes no sense for trucks as there are not enough electric trucks available. It would just increase inflation.
@ChinaSongsCollection
3 ай бұрын
@@joergfeler351 True 👌
@TricoliciSerghei
3 ай бұрын
@@joergfeler351 Or force companies to start making more EV trucks eyyy? So, is it bad or good?
@shannon6876
3 ай бұрын
Since getting my Tesla MYLR, my spending to power my car has gone from ~$257 a month for gas power my car to ~$69 a month for electricity to power my car. My electricity comes from nuclear power and solar, and costs $0.13 per kilowatt, regardless of when I charge. I have two drivers in my household using this car and we use the car every day making at least two trips around the city to do various tasks each day. The difference, and the savings, are huge. And as a bonus, this is the most fun to drive car I have ever had, even better than the sports car I had when I was younger.
@sunrisejak2709
3 ай бұрын
@@fredkite9330I pay 7.5 cents per kwh. Thailand off peak rates. Peanuts to operate my Tesla model 3.👍
@vygandaspudzmys1086
3 ай бұрын
Before I got solar 9.24kw on roof my el bills was 0.25€/kwh. Now it's just 0.05€ after connecting it to grid and lots times it's just 0€ per day if there aint plugged in my car. Monthly bills to supplyer was 200-250€ now 40-60€
@rogerfroud300
3 ай бұрын
Fair enough, and huge savings were also made by the early adopters for Diesel cars when they came out because Diesel was really cheap. However, this isn't the case any more, and it's because of Tax more than anything else. I agree that using electricity for Cars is going to be cheaper than fuel oil, because the end to end efficiency is so much better. However, don't kid yourself that this initial low cost is going to last, because Tax revenue falling in fuel oils will have to be transferred to EVs. It will still be cheaper, but it will never be cheaper than it is right now.
@dadonweIfare
3 ай бұрын
When is break even? After factoring in the cost of MYLR? probably 8 years
@mmast7554
3 ай бұрын
Solar is not as green as it's made out to be and a hugh amount of power worldwide is still from fossil fuels take a look at what's happening to Germany who closed all nuke plants and France who is almost completely nuclear France is in far better shape
@willie346
3 ай бұрын
Today, charging my Ioniq 5 from 0% to 100% costs $US 8.29. Even in a country with very low gasoline prices, driving an EV saves me $US 35/week or $1,820/year.
@granttaylor8179
3 ай бұрын
Wait until the government adds that $35 to the cost of electricity to make up the loss of revenues from ICE vehicles. . You may laugh and think that is never going to happen but it will. Smart meters will know we hen an EV is being charged and the cost will be added to you electricity bill.
@adrientucker5949
3 ай бұрын
I smoke cigarettes because I'm an idiot but I completely love your analogies comparing ICE vehicles to a giant cigarette. Love you, mate.
@pipersall6761
3 ай бұрын
Im caring for my long time friend who has smoked all her life. Now cant walk from one room into another without having to catch her breath. Still smoking. For the sake of your Life and all you hold dear, please stop and save the rest of this amazing experience of your living in this amazing world.
@Dreamer10888
3 ай бұрын
i dont know how anyone can afford cigarettes in australia.... their tax worked for me
@robertfonovic3551
3 ай бұрын
@@Dreamer10888box of 100 blackmarket gaspers are 35 bucks. 43.50 per 20 at the supermarket.
@Mrbfgray
3 ай бұрын
I still love me old'e 2011 BMW M3 and hope to run it indefinitely, long as fuel is available. But I'm an aging ManChild, it's a replacement for crotchrockets of my youth, not a daily driver.
@nicholasmurrell7904
3 ай бұрын
you smoke cigarettes because you can't see yourself being smoke free and healthier. Just picture the non smoking you and imagine you can reform.
@willeisinga2089
3 ай бұрын
You are Right on. We pay on the Highway Service Station 2,25 euro a liter. That is now 10 dollar a gallon. Normal Going up all the time. Its not the Petrol Price. Its the Taxes by the Government. No Worries Mate. I have Rooftop Solar and EV. No Petrol Prices for me.👍👍👍☀️☀️☀️🌹🌹🌹
@FrankGallagherr
3 ай бұрын
Tesla is the best car company ever! No gas stations, No oil changes, No smog check, No corrupt dealership, No catalytic converter and faster than a $650,000 Lamborghini!
@colinstewart4357
3 ай бұрын
Hahahahahahahaha
@MT-xy7fw
3 ай бұрын
However, they do build bloody ugly cars!
@HDnatureTV
3 ай бұрын
Tesla and all EVs - cost more than ICE, insurance 2X more, 2X more to fix, depreciate 2X+ more than ice and will be totalled when battery wears out at 100k miles vs a Toyota that can do 200k miles. OH, recent AAA survey shows 50% of EV owners are gonna go back to gas! Think twice over ICE - EVs will cost you 2X to go green ignoring all the Chinese diesel that went into mining, and transporting you batteries!
@2012mpe
2 ай бұрын
Tesla has a monopoly when it's coming to repair, so you have to sell Tesla before the end of the warranty
@HDnatureTV
2 ай бұрын
@@2012mpe - Look up independent Tesla Roadster Fix it shop in Washington, as Tesla no longer fixes it's roadsters. Great video on youtube with girl interviewing shop owner who buys roadsters for parts and builds his own. Roadsters from around the world are shipped to him for repair. Great story, he has the 3 famous 200 miles roadsters from a Chinese shipping container! Enjoy! kzitem.info/news/bejne/uoOlqKqOmKtke6A
@johnrdadrian
3 ай бұрын
I did some calculations 6 months ago on how much oil is not needed each day due to EV adoption. It came out to 1,000,000 barrels a day. It just so happened that Saudi Arabia reduced its output by 1,000,000 a day at the same time to keep prices high. As EV adoption accelerates, it will continue to reduce the amount of Oil needed, pushing down the price of Gasoline and Diesel. So I think Brussels will struggle to double the price of fuel for its citizens. They are no longer Serfs that must do whatever their Masters tell them to do.
@kalebdaark100
3 ай бұрын
You might well be correct. But there's another thing to consider which may or may not effect fuel price. We, humans globally, have already extracted most of the easy to extract oil. It's costing more and more money to extract what is left. It's also using more and more energy to extract the oil. There's a professor from Edinburgh University called Alister Hamilton who's run the numbers and his conclusion was that oil extraction around the world will use more energy to extract than it provides by the end of the 2030's. Now I'm not expert, so for all I know he could be talking rubbish, but if he's not, as the information starts sinking in, governments may be forced to stop people using oil for frivolous things like personal transport. Governments usually reduce use of a thing with tax.
@jsanders100
3 ай бұрын
@@kalebdaark100let’s hope he is right.
@baronvontollbooth484
3 ай бұрын
Couple of days ago I had the misfortune of driving behind a large flatbed tow truck. Each time it accelerated, a huge cloud of black diesel soot poured out. No joke, the size of the cloud was bigger than the truck. I had to close the windows and vents to avoid breathing that crap. The sooner diesels are gone, the better.
@joelado
3 ай бұрын
What is the government going to do with all that "tax" money? If they are going to put it towards renewable energy, DC fast chargers and transmission lines I'm all for it. It will give me a reason to get rid of my petrol car if the same thing happens in the US.
@PyroShields
3 ай бұрын
Your next car should be an EV you'd be a fool if you bought a new ICE vehicle.
@joelado
3 ай бұрын
@@PyroShields I have a 2013 Nissan Leaf which is only for going around town at this point. We use our EV the most, and only take out the other gas car for longer trips at this point. We also take it out because the lead acid battery on the ICE car goes out it we don't use it every once in a while. I want to replace it with an EV, but the short range of our Nissan EV has my wife worried about range and charging. If gasoline is going to go up in price drastically it would give me the reason I need to go with a long ranging EV. I'm crossing my fingers for a Tesla long range, either model 3 or Y.
@JohnMcAfee-se9ms
3 ай бұрын
Usually none of that tax money is earmarked and it goes into the general fund where it is typically inefficiently wasted
@PyroShields
3 ай бұрын
@@joelado You can get long range 330 and some are 400. The leaf is horrible when it comes to range. Don't compare the leaf with other EV's. I personally have 2 gas vehicles which I bought in 17 and 19. When the time comes that I buy a car I will definitely go EV.
@tom0kiely
3 ай бұрын
@@joeladoThe range on that Leaf can’t be more than 50 miles. Used EV prices are dropping so it may not cost you too much when you get around to replacing it.
@1rjona
3 ай бұрын
Note: Ukraine needs the diesel. Its used by military trucks and tanks
@minimalist_h
3 ай бұрын
Nope, since electric drones cleared the battlefield from tanks and trucks, this isn't an issue anymore. The cut off of cheap Russian oil is the problem!
@LonglingEriksen
3 ай бұрын
They buy a lot of ev cars from my country because they have no gasoline. Contacted me to sell mine! How to people in Ukraine know that i have a Ev? Gas stations are blown up I was told.
@tonystanley5337
3 ай бұрын
Ukraine is not in the EU, and in any case Military use is not included.
@DR-ib2yg
3 ай бұрын
@@minimalist_h EU buys more russian oil and gas then before. Only russian oli/gas goes through Turkey at a more expensive price.
@bruceburns1672
3 ай бұрын
Viking is telling us oil prices will increase just like renewable electricity prices in Australia, through the roof.
@2pdlpwr
3 ай бұрын
If we all drive electric cars and trucks. And our food is delivered with electric. The oil industry will have no choice but to drop the price to 1 buck a gallon. Making us all healthier. We can make a difference. We can hold the oil companies accountable for their greed!! And say no I'm not going to take it ANYMORE. I'm NOT ADDICTED TO OIL ANYMORE We drive all electric in my family NOW
@paul1979uk2000
3 ай бұрын
It wouldn't matter by then, because by the time we get to that, the value of oil will be little to none in that most of us won't need it. But in the end, higher prices on fossil fuels is a good thing for killing that industry off sooner rather than later as renewables keep getting better and cheaper. If the fossil industry were smart, they really need to slash prices with the aim of extending their life another decade or two, but personally, I'm grateful they are trying to push the price up, whiles trying to price fix, as that will help to kill there industries off sooner rather than later, and in the case of Europe, fuel cost is already more expensive than many other parts of the world because of taxes on it, but that encourages a bigger push away from fossil fuels towards cleaner energy sources. The fossil industry might have 2 decades left at the most where after that, the downwards pressure on the price point will be immense thanks to how cheap renewable energy is, and more so as the world shifts to EV cars and heat pump, basically, going all electric and reducing the need for oil and gas, as we can generate electric by many other means like renewables. History has also shown that when the fossil industry tries to push prices up and try to control the price, it usually ends up favouring the renewable industry as more investments happen. The Irony is, China is probably doing the most damage when it comes to the fossil industry, mainly because of how aggressive they are on pushing renewable energy on both the tech and pricing, that's followed by the EU and the US, so in the end, let the fossil industry play there games with trying to fix and push up prices at a time when alternative clean energy is getting cheaper, it's only going to end badly for the fossil industry sooner rather then later.
@timothykeith1367
3 ай бұрын
As I ride a bicycle, I have not purchased gasoline in a month.
@ge9646
3 ай бұрын
@@timothykeith1367 it's illegal 😅
@laughinggas5281
3 ай бұрын
I have an electric bike Best of Both Worlds
@grenenthomas8115
3 ай бұрын
I haven't paid for petrol for 13 years. Saved $30,000.
@Mrbfgray
3 ай бұрын
@@laughinggas5281 I balk at the lack of exercise of Ebike, just too easy.
@cerverg
3 ай бұрын
Good for you but... everything you eat and wear is drenched in oil. Imagine what will happen with the prices of everything
@quantenfels
3 ай бұрын
I hope it will come! BUT, many People will freakout about this and many will fight this in an extrem way! Also social issues are to solve first. Especially in Germany. Many people in big cities drive cars and have problems finding a charging solution because they live in a rented apartment without a garage.
@JonBuckley-wt3mu
3 ай бұрын
Yep I agree with city living and the charging issue. Long term projections are that autonomous electric taxis will become the norm for city living, whislt giving the opportunity to hire for holidays etc. I have lots of city friendz who don't own a car due to tax/parking/depreciation issues. Cities generally have good public transport infrastucture. I live in teh rural wild west of wales , so no public transport to speak of. My next car will be a second hand ev, but given my weekly milage of 30 miles, I'll hang onto my ICE car for a while longer.
@MrPropanePete
3 ай бұрын
Here we go again, "experts are saying". I think EV owners should be keeping an eye on electricity prices, not diesel. "Experts are saying" (in Australia) the same thing about electricity prices doubling or even tripling over the next few years. And if Australia goes nuclear power, all those hundreds of billions of dollars of infrastructure costs will be passed onto consumers. EV's dependant on grid power would be just as expensive as ICE cars.
@willm5814
2 ай бұрын
Here in Ontario, Canada- I can charge my Tesla MY from 0 to 100% for $2.08 CAD - equivalent to $1.54 USD - I never would have imagined it.
@macmcleod1188
3 ай бұрын
Well, we had an entire discussion about how many minutes it took us to fill up censored. Every trace of it's gone but I have a half dozen notifications. One person was saying it took him three to five minutes to fill up his vehicle and I said that it took me 7 to 12 minutes because I went inside to pay cash to save 30 cents per gallon and often there was another person ahead of me paying and I had to wait for them to finish before I could pay. I felt 3 to 5 minutes was unrealistically quick. Well I've actually measured the time it took me multiple times and it's pretty consistently between 7:00 and 12 minutes from turning into the parking lot until I turn out of the parking lot. I have no idea why such an innocuous conversation would have been censored.
@sriarno335
3 ай бұрын
Following your thinking, we should ban electric vehicles as well for causing massive land pollution due to battery minerals, & copper....etc...
@wertigon
3 ай бұрын
Except, no, that pollution is not even 0.001% of the pollution of your average car.
@hondacar
3 ай бұрын
It's clear that government initiatives are propelling the adoption of electric vehicles (EVs); otherwise, their market penetration would be negligible. Motorists may bear the costs of emissions from their internal combustion engine (ICE) vehicles, but the toll on children labouring in mines for the rare earth metals required for EV batteries is significantly greater.
@mobberleyman6112
3 ай бұрын
Children have been illegally used in many different industries over the years, its not the fault of the products produced, its the fault of the mine operators and the governments involved not enforcing child labour laws. mined metals such as cobalt have been used in many products over the years including refining fuel, EV batteries are just another one, stopping their production would not stop the mining.
@videocanonuser
3 ай бұрын
Why do you assume average people don’t care about asthma, cancer or other industrial diseases? The impacts of respiratory diseases are far from negligible.
@bhabbott
3 ай бұрын
Child labor is illegal, and not employed in industrial scale mining (for obvious reasons). Why no concern about children being harmed by air pollution and global warming?
@st-ex8506
2 ай бұрын
In my home country, Switzerland, there is NO incentive on EVs, ZERO, the import duty is exactly the same for all cars, as we have no automotive industry to defend. And yet it is one of the countries with the highest EV penetration! BTW, the children labor issue is NOT related to rare earth elements at all (of which there is precisely nothing in a battery, BTW), but to cobalt, which is not a rare earth element... but which is indeed used in some batteries, but not all. But the point is that not a SINGLE GRAM of that "shadily extracted" cobalt finds its way into EV batteries! Not a gram! Because EV manufacturers pay extreme attention to their procurement of cobalt in particular, as they would have too much to lose, and next to nothing to gain, if they were caught in a scandal. No, that "shady" cobalt is used for non-consumer, and non-branded products, such as special steels, or catalysts. Don't fall for the disinformation that some parties, who have much to gain at slowing down EV penetration, are trying to feed you!
@johndinsdale1707
3 ай бұрын
If diesel goes to $4/Lt (current $2/Lt with 80% tax) then most trucking companies will collapse. There is no additional rail freight capacity so inflation of basic food would be 100% and the poor will go hungry. No one is build HGVs EV at scale.
@st-ex8506
2 ай бұрын
The trucking companies here in Europe have already started converting their fleet to electric. Not yet for long-hauling to be sure, but I see more and more electric distribution trucks every day.
@johndinsdale1707
2 ай бұрын
@@st-ex8506 In the UK , London has just announced an end to EV Van Discounts to the congestion charge. So £10 -> £5k per year. So that's the end of EV van deliveries in London.
@Indecisive7337
3 ай бұрын
I think I’ve heard enough scare stories to last a life time…best wait and see what happens before burning your pride and joy!
@manni1998
3 ай бұрын
Double Diesel/Gasoline price will start a civil war, at least in France.
@kiae-nirodiariesencore4270
3 ай бұрын
yes but it isn't going to happen.
@jurgenw.9794
3 ай бұрын
That was also my first thought.
@andrevdende8244
3 ай бұрын
He is a fantastic. A paid influencer. Or a climate activist. Or just here for likes. I am out and never want to hear or see anything from him anymore 😂
@st-ex8506
2 ай бұрын
I live in France, and you are correct, people will resist higher taxes... they did so before the pandemic (the"Gilets Jaunes" movement, or yet before with the "Bonnets Rouges"). The French are already taxed through the nose! But, they don't do anything when the price goes up for economic reasons... and the price of fuel will undoubtedly keep creeping up as its usage decreases (dis-economies of scale throughout the industry), and as oil gets ever more expensive to extract.
@hattmarvey1989
2 ай бұрын
What effect will fuel price rises and fuel shortages have on the price of other items? Like food, for example. Farms and businesses will close. Deliveries will become prohibitively expensive. Shops will close. Supermarkets will close. The poor will starve. Even those with solar panels will starve. It's a great idea, especially since we now know that the "climate emergency" was a scam.
@netgnostic1627
3 ай бұрын
I live in Canada, so this won't affect me. But Canada might do this too. I've never purchased a new car, only used. The highest amount I've ever spent was about $7,000 US equivalent. So I'm concerned about people in the lower economic classes (like me) who can't yet buy a used EV that is worth owning. Yeah, maybe a used Nissan Leaf, but I'm 6'4" (193cm) and 245 lbs (111kg or 17.5 stone). I don't think a used Leaf will work for me. I think it's too early to raise huge taxes on gasoline, at least until a useful EV that doesn't look like a wreck can be had for $7,000 US.
@brendanpells912
3 ай бұрын
You are talking complete and utter crap. ICE cars are far more numerous than EVs and will remain so for a long, long time. Demand for fuel isn't going to go down noticeably, there will still be plenty of gas stations and the supplies of fuel will remain. After all, when crude oil is refined, you get certain fractions out like gasoline, diesel, bitumen, naphthalene. There will still be demand for bitumen for roads which EVs require to drive on, and for plastics required for electrical wiring and insulation. They're not going to refine oil for those products and not use the diesel and gasoline that is created at the same time. If anything, falling demand will drive prices down.
@rogerfroud300
2 ай бұрын
The change is happening faster than you imagine. Fractions can be manipulated to get what proportions of Oil products industry needs. That's what cracking plants do.
@grahammewburn
2 ай бұрын
The discovery of oil peaked in 1964. Since discoveries have declined while demand has increased. Currently, the demand for oil exceeds new discoveries. Unsustainable.
@archiefleming652
3 ай бұрын
In outback Australia EV chargers are powered by diesel generators
@xenasloan6859
3 ай бұрын
Now that, my friend, is cock-eyed!
@davidinkster1296
3 ай бұрын
Some chargers are powered by diesel generators because the service station already had a generator to power the establishment. Now that the smarter ones realise that they can install solar and batteries, the diesel-powered ones will be speedily replaced.
@randomoldbloke
3 ай бұрын
@@davidinkster1296wrong they are dedicated generators for charging and they burn about 80lph . The solar is just for show do the math
@SimpleFaithLife
3 ай бұрын
It does take ALOT of batteries and panels to store enough power to charge EV’s. One EV battery can take up to 80kw to charge. That would take a 12 - 20kw solar system all day to produce. If it needs to charge multiple EVs per day, and also split some of that energy to directly charging EV’s and some to charging the batteries in the charging station, then it’s going to need an absolutely massive solar array to keep up with demand. It IS possible, but an absolutely absurdly expensive proposition.
@michaelbedard7859
3 ай бұрын
They're screwed. Good luck from the U.S..😊
@dps615
3 ай бұрын
*they're
@mowcowbell
3 ай бұрын
Gas only costs .75 per liter here in Oklahoma. $2.85 per US gallon.
@LonglingEriksen
3 ай бұрын
It is 2,5 USD a liter here. Hope it hits 4 soon.
@the_energycoach
3 ай бұрын
I hope you are right as it would push electrification to a whole new level. No subsidies required for EVs. The moment they are cheaper to drive, ICE is history.
@Barry-l1x
3 ай бұрын
Good idea, but I can’t see politicians getting this to happen the kick back would be enormous
@SemiDad
3 ай бұрын
When oil prices rise so do plastics, lubricants, detergents, etc. Expect that if ICE vehicle are eliminated as the volume of petrol sold subsidizes every other product derived from oil. Also, with no taxes gathered from petrol levies expect annual registration fees to rise.
@andresd6193
3 ай бұрын
Fossil fuels are a very inefficient source of energy, that’s why eventually and sooner than most people realize they will lose to solar, I predict less than 10 years. About 70% of the energy in fossil fuels is wasted as heat, solar has an efficacy of over 90%. As solar energy becomes cheaper and cheaper it will become impossible for fossil fuels to compete in price.
@robertgreen9614
3 ай бұрын
Clearly you skipped physics class, fossil fuels are a very efficient source of energy. Why do you think you can "waste" 70% of the energy in an ICE car yet still travel further than a BEV?
@MrSec84
3 ай бұрын
@@robertgreen9614 a quick google shows me this is BS. ICE cars are 17-21% efficient at converting fuel into motion, this doesn't factor in the energy cost of converting Cruise into Petrol/Diesel. EVs are 85 to 90% efficient at turning their stored power into motion. Renewables are also about 4X more efficient than Fossil Fuels at generating power and currently account for 30% of global power production. Transmission accounts for max 2% loss in efficiency, so 98% of power gets to where it needs to go. There will also be some wasted energy in heat of components, say 20% of what makes it to it's destination, so around 80% will reach a vehicle, slight losses of storing power, but when Renewables are constantly generating energy when ambient sources like Solar and Wind are present this isn't an issue, unlike the finite presence Fossil Fuels have, once they're gone they are gone and of course they leave behind far more harmful effects than lovely, clean renewables!
@andresd6193
3 ай бұрын
@@robertgreen9614 i skipped physics class? I think you did. Obviously by what you wrote you have almost zero understanding of energy use and transformation. Travel 200 miles on an ICE car and the same distance on an EV, at the end of the trip park them next to each other, pop the hood, you know all that heat coming from the engine block, the radiator with hot water, the hot water hoses as well as your brake rotors, that's all energy being wasted in the form of heat, now do the same in the EV, find anything that's hot in it, almost nothing. That's how you can easily tell how much more efficient and EV is at using energy. Last year it cost me around $620 to power my Tesla model 3 for the entire year. An ICE car would have cost me around $2k. A hybrid around $1k. My solar panels provide around 93% of my energy needs. Fossil fuels will die in 10 years or less as they will eventually be unable to compete with solar. The only thing keeping them alive now is misinformation and disinformation and FUD being pumped to people at alarming rates to keep them ignorant and buying ICE vehicles and not installing solar in their houses. And you are a perfect example that those misinformation campaigns work.
@tupaguska8270
3 ай бұрын
you would include the price of the solar panels on this calculation as they are not free.
@andresd6193
3 ай бұрын
@@tupaguska8270 did I say anywhere anything is free?🤔
@dandavis9754
3 ай бұрын
You sound like one of those marxist autocratic types who of their own self know whats best for all because you say so!
@moonlander03
3 ай бұрын
Governments manipulate the prices when ever they see an opportunity to make money regardless who get run over in the way.. so doesn’t matter if it’s EV or gas.. everyone is pretty much screwed.. 😂😂😂😂😂😂
@mikestone2740
3 ай бұрын
Fossil fuels cheaper unless politicians mess things up.
@chrishart8548
3 ай бұрын
Politicians mess everything up it's there Job
@AnalystPrime
3 ай бұрын
Making fossil fuels cheap requires lots of creative bookkeeping, as in forgetting to include the trillions of dollars of subsidies given to them each year, ignoring the cost of wars started for oil, and not taxing them for all the damages they cause. And the companies still raise the price just because.
@roldorf5615
3 ай бұрын
Bought an EV at the end of 2022. Diesel was 2.05 Euros, charging was 49 cents per kilowatt. Now Diesel is 1.50 Euros charging is minimum 59 cents per Kilowatt. ( Germany)
@st-ex8506
2 ай бұрын
Tesla charges 39-47 cents per kWh in Germany, not "minimum 59" (and diesel €1.67, not 1.50)! Now, if you bought an EV not compatible with the Tesla network, then you knew you would be overpaying when you bought it! Or, at least, could have known in minutes by googling up the prices. But even at 0.59€/kWh, it is still cheaper per km to charge your EV than to fuel a diesel car (+AdBlue) the same size.
@rogerfroud300
2 ай бұрын
For people like me who have a very economical car (a Smart Car), and who don't do high mileages, it won't matter if fuel is four times the price. It will still be cheaper to own an old banger ICE car than pay a fortune for an EV which will depreciate like crazy. I'd love an EV, but it just doesn't make economic sense for millions of us. One day it will, but that could be a decade away.
@zizimai7568
2 ай бұрын
Unlucky for you, most Asian countries have access to cheap EVs. The maintenance cost is far lesser than ICE when you factor in cost of service, oil changes, gearbox issues, etc. So we don't have to be stuck with old used ICE cars which will breakdown far more than new ICE ones.
@freeheeler09
3 ай бұрын
Gas prices are more likely to rise due to geopolitical tensions, more expensive production,,and increasing world demand.
@freeheeler09
3 ай бұрын
Also likely to rise….
@tibsyy895
3 ай бұрын
And the reality: Summary of Estimated Percentage Increase: Petrol Prices: Estimated to increase by approximately 7.7% due to ETS2. Diesel Prices: Estimated to increase by approximately 10.3% due to ETS2.
@donaldduck5731
3 ай бұрын
I expect EV adoption will exponentially increase, with silicone anode technology for example pushing vehicle ranges over 600 miles. Where will that leave Oil and Gas suppliers when they suddenly realise their sitting on fuel reserves which are about to become worthless? And the higher these O&G cartels allow fuel prices to rise, the quicker their customers switch to EVs, my guess fuel prices will gradually reduce and O&G companies will reduce their margins, eventually having to dump all the fuel they can on the market before it becomes worthless.
@gerbenkarman3372
3 ай бұрын
That doesn't sound that shocking from a Dutch(Netherlands) perspective. The current price at the pump is 2,2 eur a liter (2.35 USD) , or 8.9 USD a gallon. Per 1-1-2025 taxes will be increased with 24 ct (26 USD cents) a liter, so about 1 dollar a gallon in addition.
@RWBHere
3 ай бұрын
This is not even slightly surprising, Sam. Four US dollars it's a little more than £3 today. A couple of years ago $4 US was about £2.40; only about 20 pence more than people were paying here. In some parts of Britain, prices were higher than that.
@robertbidochon7949
3 ай бұрын
If so, the economy will stop. the euro states won't let this happen.
@andyfreeze4072
3 ай бұрын
thats a disruption in itself. Electric cars are looking very very enticing now....
@Sacto1654
7 күн бұрын
Actually, if you've been to Europe, the price of petrol and diesel fuel are not cheap--US$6 to US$7 per US gallon for 95 RON petrol is not that uncommon. No wonder ICE cars with very small engines are still quite common, for example the Toyota Aygo X with the 998 cc I-3 engine rated at 72 bhp (54 kW), fairly common in central and eastern Europe.
@jonjosenna5581
3 ай бұрын
£1.48 a liter in UK for Diesel
@javelinXH992
3 ай бұрын
Yep, just calculated my old diesel would be costing me 10p per mile, while my EV (not a fancy one) it’s is 2p per mile - that’s real world data not book figures. Petrol would have worse figures than diesel. Yet I am still told it costs more to fill my EV compared to diesel. 🤷♂️ I’ve saved more money in the last four years driving an EV than if I had got a petrol car, even though an EV is more expensive and the depreciation is higher. All I care about is how much money it costs me each year (including servicing, repairs and dividing up the cost of the car over the years owned). EV is a clear winner. I run my cars until they have to go, so depreciation after three years is not relevant to me - in fact it keeps the cost of my insurance down.
@miti4045
3 ай бұрын
@javelinXH992 That's false, an EV is 2x the price of an ICE, you will never save that on fuel even if you charge for free.
@brendanpells912
3 ай бұрын
@@javelinXH992But a lot of the price of fuel is duty and VAT which are revenues for the government to spend on essential public services. What you really need for your EV is a bumper sticker saying TAX DODGER ON BOARD
@javelinXH992
3 ай бұрын
@@brendanpells912 or just pay tax.
@javelinXH992
3 ай бұрын
@@miti4045 That’s not true. Not every EV is a luxury SUV.
@ianskeet
3 ай бұрын
The cost of oil is way over the cost to produce it. The issue is the Opec cartel need the high prices to pay for their citizens luxuries or in Russias case also their war. Prices could halve if the cartels wanted it to, other big oil companies are just enjoying the massive profits.🎉
@kevinW826
3 ай бұрын
Oil will not be running out for at least another century.
@videocanonuser
3 ай бұрын
But national healthcare costs are rising everywhere, people are getting sicker everywhere, governments will have to intervene and that means raising taxes. Stand by for taxes on fuel and polluting industries. That goes for UK water companies too.
@waywardgeologist2520
3 ай бұрын
Still another 6 trillion barrel in the ground.
@bhabbott
3 ай бұрын
@@waywardgeologist2520 and it needs to stay there
@st-ex8506
2 ай бұрын
Oh no! That is a very ill-informed statement! During a dinner I had with an oil-industry executive last July, I asked him whether he believed that oil, as a major source of energy (not as a precious resource to be devoted to the production of chemicals, for instance), would run out within 20-30 years. He answered that I was wrong. It would happen sooner, within 10-20 years! He did not mean there would be zero oil left in the ground, but not enough, and so expensive to extract, so that it could not be used as a major energy commodity anymore.
@nevco8774
3 ай бұрын
I believe that blaming Diesel fuel sometimes is intended to whitewash the harm of gasoline/petrol. I strongly believe that the second one to my own smell is even worse. Natural gas in some countries like Argentina used to fuel ICE is much less harmful. However the nitric oxides are still created into a quantity comparable to Diesel fuel. Yes, there is harm to environment to produce electric batteries and motors from rare earth contents. But those are one time deal which then gets recycled. However to refine gasoline a constant supply of Cobalt is needed. Burning gasoline each and every time creates toxic exhaust fumes with no exceptions.
@afoodlover
3 ай бұрын
big deal. Here in Las Vegas, we are the 2nd highest behind California (not counting hawaii) Gas on avg here is $4.50 a gallon
@henrylawson430
3 ай бұрын
So the price of fuel goes up in Europe due to regulations in the EU, which reduces demand there, which increases supply elsewhere and results in lower fuel prices in Australia.
@victorsvoice7978
3 ай бұрын
The price of fuel only goes up in Australia. Because the government is in the oil business.
@samhitha178
3 ай бұрын
Switch to CNG cars & CNG Heavy vehicles. CNG is cheap & very less pollution
@carlosdelpesos1678
3 ай бұрын
I live in Germany and, in view of the upcoming situation, I switched from my last combustion engine to another BEV a week ago if I had proactively informed myself. The TCO of BEVs is already significantly lower than that of ICEs and, strictly speaking, the new Tesla Model 3 Performance is much more fun than the last six-cylinder BMW. There really is no reason to drive a combustion engine any more, even if the so-called conservatives or the eternally yesterday claim the opposite and can't prove it. Especially in Germany, range anxiety is a pure narrative fiction and the 1500 km that you supposedly have to and can drive with a diesel are devoid of any reality. Nobody needs it, nobody does it because there is simply no driving profile for it in Europe.
@rogerphelps9939
3 ай бұрын
Unfortunately there is. You and I have off road parking where we can charge our EVs using cheap off peak or rooftop solar electricity. The less fortunate, around half of UK car owners, do not have that luxury. They have to use public charging, if they can find it, and are have to pay way over the odds for their EV charging. This problem must be tackled by local and central government. Public charging should be far more widespread and there should be little or no financial penalty for using public charging.
@chrishart8548
3 ай бұрын
@@rogerphelps9939 the less fortunate can't even afford to feed themselves never mind afford a car. Let them eat cake.
@marcohillenga5068
3 ай бұрын
The model 3 is a way better car than the BMW, but the BMW is 10x more fun, period.
@biquettier
3 ай бұрын
A State should not have the intention of taking oil companies to court if that State is not capable today of taxing the oil companies. When states sued cigarette companies for being harmful to health, states had already introduced taxes. Today, cigarette companies have been sued, but taxes remain to offset health costs. How abouts USA gasoline taxes?
@domi1kenobi
3 ай бұрын
Why is the solution always more tax?
@ded32
3 ай бұрын
I'm prepared, switched to 2.evs, type 2 charger installed.
@adriannathaniel4015
3 ай бұрын
Fuel subsidies are being removed in Malaysia.
@GolLeeMe
3 ай бұрын
Not so bad really. As I am feeling ‘pressure’ not to travel in my ICE vehicle anymore I don’t go far or spend that much money on fuel. So, the cost is not a problem. Once someone fixes all of the issues with EVs, then I might think about transitioning.
@xiaowei1
2 ай бұрын
That was the first time i have heard the cigarette analogy. Actually, it was pretty good.
@Mobimanie
3 ай бұрын
The thing is that if you make diesel so much more expensive it will effect logistics killing many trucking companies in the way. So it is not going to happen like that. Politics would (have to) intervene…
@ren2704
3 ай бұрын
I'd love to get an electric car here in Europe but they are way too expensive to get a decent range/decent size one. Like most people I cannot afford one...
@richardmartyn7865
3 ай бұрын
Dam good thing.
@andrevdende8244
3 ай бұрын
Explain?
@mysurlytrucker7510
3 ай бұрын
Well its a difficult pill to swallow, some of us cannot afford a ev, are we expected to walk.
@markboscawen8330
3 ай бұрын
A price rise that doubles or triples the cost of petrol/diesel would cripple the EU economy. Unless, as part of the change Govt’s took the revenue that will be collected by the Carbon Border Adjustment Mechanism, a carbon tax on goods imported into the EU from countries not meeting Paris targets (looking at you Dutton) & used it to reduce/eliminate other taxes - so effect economically neutral but still reduced fossil fuel use.
@ChinaSongsCollection
3 ай бұрын
They'll come up with an excuse to delay the rules before then. Most likely, the excuse will be Chinese EVs are still too strong. Europe can't compete.
@mcherry8010
3 ай бұрын
Diesel 1 Litre: about 2€ in Netherlands and about 1,65€ in Germany
@pauld3327
3 ай бұрын
1,70 € in France
@rafalc.4352
3 ай бұрын
1.513 €/L in Luxembourg
@st-ex8506
2 ай бұрын
@@rafalc.4352 ... and about €2.00/l in Switzerland... where gasoline is actually cheaper.
@djt8518
3 ай бұрын
So what are people to do that can't afford a new car ev or gas but have to keep their old gas car
@JohnMcAfee-se9ms
3 ай бұрын
Get poorer and our government will only subsidize really expensive EV's for wealthier people. They will tax Chinese EV's at a high rate so you can't get an affordable one.
@drplokta
3 ай бұрын
They’re supposed to sell their old ICE car now while they still can and buy a cheap used EV.
@jsanders100
3 ай бұрын
Struggle, there is global transfer of wealth from the middle class to the super wealthy. These are the consequences.
@bhabbott
3 ай бұрын
Gas cars are very expensive to own. If you are poor then you should be looking at cheaper alternatives (eg. buy a used EV like I did).
@tonystanley5337
3 ай бұрын
I'm not sure that is accurate. The intention in the first few years is to keep the allowance trading price below EUR45/Ton (about 10c per Litre). If the trading price for carbon allowances rises above that they will release more allowances, so companies don't expect to pay more than that. 3x would be crippling you may aswell just ban fossil fuel today, but we know we can't do that.
@andreass.3444
3 ай бұрын
Germany is still subsidizing Diesel fuel and wonders why e-cars are selling poorly, because of the current high costs for electricity. Here's the story behind the Diesel cars in the EU: kzitem.info/news/bejne/2G6omKykgoafpHY Car manufacturers that relied on Diesel, were able to benefit from big profits. The paper 'Fuel taxation, emissions policy, and competitive advantage in the diffusion of European Diesel automobiles' from Eugenio J. Miravete et al. comes to the conclusion, that this policies amounted to a significant nontariff trade policies equivalent to an import tariff between two to three times the official rate! An interesting statement when you think about the new discussions about tariffs.
@fergalgriffin5858
3 ай бұрын
The advantages probably outweigh the disadvantages especially since the demand for EV cars has slumped in many parts of the world so new incentives will have to come to encourage people to make the transition but there's flipsides to it too if fuel prices rise too quickly and one is it will impact businesses like taxi companies, postal workers, milk delivery men, other sole traders who provide delivery services and public transport will be hit too, so this would suffice to fuel general inflation which could be one of the many consequences so for now it would be best to augment fuel prices on a gradual bases and give decent tax rebates to people who make a first purchase of an EV
@bhabbott
3 ай бұрын
Or those deliveries could be made with EVs, which are already cheaper to run. NZ Post uses EVs to deliver the mail here.
@jsanders100
3 ай бұрын
I don’t believe it because as demand decreases prices will drop surely?
@Dico6
3 ай бұрын
The 'phase out' of internal combustion cars is not happening no matter how hard some people wish it to be. Not only that but it won't be happening anytime into the foreseeable future.
@4literv6
3 ай бұрын
Oh yes it is simpleton! Evs&phevs 10x market share since 2017 and will be over 50% of China's total car sales to end 2024. You know the single largest car market in the WORLD! And here in the us a truly ass backwards country? We will have enough U.S. sourced and built ev cells to supply 8-10,000,000 evs by 2028 and over 12,000,000 by 2030. #endoftheiceage is here and everyone will breathe better because of it! 😎
@jaccovandijk9279
3 ай бұрын
Reasoning behind these alleged plans makes sense I guess… but I doubt this will happen. Not within such a short period of time. Simply because the impact of such measures will be too great. If petrol is excessively taxed in such a way that prices will double of triple within a period of 2-3 years, this will result in crippling inflation, not to mention civil revolt. If not worse. Even if we are either forced or willing to participate in an EV revolution, the infrastructure to support that, is far from ready. That is a problem that needs to be addressed first. You can’t expect people and businesses to switch to EV’s overnight, especially when there is no way to charge them, either due to lack of charging stations, inadequate power distribution system or a lack of power altogether. And I haven’t even mentioned the substantial investments people and businesses need to make, replacing their ICE vehicles.
@t3hpwninat0r
3 ай бұрын
when i saw the thumbnail i was like "well duh, of course fuel explodes, silly experts" and then i read it again
@michaelreynolds8204
3 ай бұрын
I love you Sam electric Viking but I don’t want to have to pay I am I’m in the USA I want to have a cheap car ev or Ice this is bad scary news
@horsebee1
3 ай бұрын
This sounds terrible but in fact it wont be a great driving factor in changing to EV's. Here in New Zealand we already pay on average around $3.00 per Ltr which of course includes road milage tax and it is not sited as a primary reason for changing even though an EV costs 25% of an ICE to fuel. Recently a road tax was introduced on EV's at a rate of $76.00 per 1000 Km which still makes an EV less than half the cost fuel wise to run than an ICE but in general people dont understand that electricity in an EV is the same as petrol in an ICE and they dont make the cost connection until they own and drive one. The oil industry have done a great job in spreading disinformation about EV's.
@jetman258
3 ай бұрын
My goodness look at that property, you could install a huge battery energy storage system there.
@Mike3MW
3 ай бұрын
Nah, more like 40¢ a litre increase, which will indeed push toward further electrification. (Hi Hans, Tesla DK) 🙂
@willlehrfeld457
3 ай бұрын
long overdue. That being said they should give citizens a timeline so they can prepare.
@danncorbit3623
3 ай бұрын
High cost for hydrocarbon fuels is a very good thing. It will force people to make the smart choice whether they like it or not. There is a sad legacy in the civilized world. "Trash the planet and let our children, grandchildren and great-grandchildren pay for it." Not just cars, industry, commerce, everything. After the stinging slap in the face, sometimes the correct response is, "Thanks, I needed that."
@robertgreen9614
3 ай бұрын
"Smart choice" and "forced" in the same sentence?🤦♂️ What a Muppet. You can't make this shit up.
@costiqueR
3 ай бұрын
Nope. One key point is the political movements, second key point is that the taxes on the oil products have been reduced after anyone seen are inflationist and very dangerous for each citizen... in the last 6 months the reduced taxes shrunk the price by 15 to 30% in Europe. In 2023 at the same oil price gasoline was around 2 euros, now is down to a maximum 1,7 euros. Diesel is more down (from 2,2 euros to 1,5 euros or less) after all the goods had the cost of transport transferred on their prices, making all Europeans suddenly 20% poorer......
@ltribley
3 ай бұрын
Increased fuel cost at this magnitude hits the middle class and lower middle class the hardest. These are the people, families who cannot afford an EV made in the West. They are priced out of the market so have no choice but to change their lifestyles and pay the extra fuel costs for years to come. They will have significantly less disposable income, and likely have to make difficult decisions on spending priorities. The overall negative impacts on Western economics will cut across nearly every economic sector speeding up their downward economic spiral into worsening recession and likelihood of a depression. More job loses, business closures, and companies moving to China. Combine this with the news of the EU LNG Russian sanctions against LNG shipped to their ports (the EU still uses lots of Russian LNG), and citizens can expect a future of “hell” as energy prices continue to skyrocket across the continent.
@frankcoffey
3 ай бұрын
Governments and industry will somehow “fix” the problem to protect the oil and car business.
@drunisa
3 ай бұрын
Nothing in here is relevant to Australia. This is fear uncertainty and doubt to push EVs for the channel. If there is a quote system to reduce consumption in the EU (as long as production doesnt fall) the price may actually come down outside the EU.
@drewthompson7457
2 ай бұрын
And electricity will go up in price too.
@joeo7257
3 ай бұрын
Who ges all of that extra money? How much will it cool the globe? How do you get China and India on board?
@mickgatz214
3 ай бұрын
Ooooohhhhhh! That's VERY Xpensive, ...Guess we're still the 'Lucky Country', eh? 👍...maybe.
@americanrider
3 ай бұрын
FYI: What that would mean is $4 USD per liter in Europe would = $15 USD per gallon in the United States. Yikes!
@markfowler2066
3 ай бұрын
This is as predictable as the Sun coming up but not because of politics, it's free market forces. There are only 900 refineries worldwide. As they become unprofitable they will go offline. It's already happening here in the US in coal as companies go bankrupt.
@h-e-acc
3 ай бұрын
I think what’s also going to happen as we begin to phase out ICE vehicles is that people will no longer be able to register their ICE vehicles. That’s how it’s going to happen. Operating ICE vehicles will be subject to massive fines and revocation of driver licenses.
@jsanders100
3 ай бұрын
And people will turn against them, once you’ve lived in a pollution free zone you never want to go back. Have you heard anyone asking to revoke smoking bans?
@markwhitman860
3 ай бұрын
That sounds like a socialist country.
@charlesrovira5707
3 ай бұрын
All they need to do is stop fuel subsidies.
@h-e-acc
3 ай бұрын
Fossil fuels: price stability are subject to the geopolitical situation of the country that produces it; people that use it are subject to price manipulation, massive power outages and service interruptions, no refrigeration means wasted food, etc. Battery technology that effectively store solar energy without waste and become advanced and mature enough to the point that a person that uses this technology can practically replace on-grid power supply with it and adequately provide for all a single family household’s energy needs (heat, air conditioning, TV, light, etc). It’s secure since you get that energy for free from the sun. But the bonus surprise is the development of fusion energy assisted by AI. If they develop compact fusion that can be installed in homes and buildings, that will truly be disruptive technology that will completely end fossil fuels.
@georgeburns7251
3 ай бұрын
This is true. California is outlawing gas stations.
@72APTU72E
3 ай бұрын
A few Californian cities are banning new stations, not the whole state is outlawing gas, there will be a need for gas stations for the next couple decades at least, due to total EV adoption not being instantaneous of course.
@robertfonovic3551
3 ай бұрын
California is a shithole.
@AlGreenLightThroughGlass
3 ай бұрын
A sure sign the price will come down
@gaithercain5636
3 ай бұрын
I think that more EV'S will take pressure off of gasoline. Thus getting cheaper. Might take awhile.
@binmanblog
3 ай бұрын
Vehicle excise duty IS coming to electric vehicles because government need the tax revenue. It's as simple as that, granted it will be cheaper than ICE vehicles but no free for much longer.
@johnsimpson1637
3 ай бұрын
YES! Bring it on😂
@michaelketley1252
3 ай бұрын
Good thing.
@codacoda565
3 ай бұрын
How do you think United States is gonna pay off the national debt? That's exactly what they're gonna do too. They do it with cigarettes. A carton went from $8 to 60. It's crazy what's gonna happen
@jsanders100
3 ай бұрын
The us is never going to pay off the national debt.
@josipmatic4732
3 ай бұрын
Currently EU gas price is just under 2€. By buying used Tesla Long Range for 25k€, 10x cheaper to run EV then ICE car
@randalkingery4281
2 ай бұрын
Is it the suckers falling for the Paris Climate Accord?
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