MrMakabar

Texas loves oil and gas and BlackRock did some ESG stuff for PR. Show of force.

It is for the US. They use Gallup polls over time, but the recent one are household incomes of below $40,000 for low income and $100,000 for high income, with the rest being middle income.

Also it is for the US, so even low income households are relativly wealthy and have the time to do something about it. The big impact decision for food is not to buy organic, but become vegetarian or vegan. For transport the best option is not to drive a car at all.

Wasn’t the yellow vest protest movement in France against higher fuel taxes?

Higher fuel taxes do not help, if you do not offer a working alternative for poor people. They just end up being a tax on the poor. That was seen as especially bad as the wealth tax was just cut. So a lot of the protest was really more about cut of austerity measuers, increase of minimum wage and the like. Obviously fossil fuel propaganda tries to spin it as a pro fossil fuel protests though.

Just to add to that. A decade ago there was a campaing Olim L'Berlin, which was a Facebook group promoting Israelis to move to Berlin. It ended up with basically every Israeli politican shitting on it.

Debt is another ones wealth. If a small debtor can not pay the bank, they have a problem. If a large debtor can not pay, the bank has a problem. In other words it is better to have public debt, then private debt.

If we do not stop emitting, we will continue to change the climate. Therefore adaption to new climate reality would have to continue forever unless we stop emitting.

That is not to say we do not also have to adapt. The rise in temperature is already at a level, where continuing as normal is no longer feasible. Those adaptions are a huge part of the cost of polluting our planet with fossil fuel emissions. Hence we have to make the polluters pay for it.

Do not worry. Tesla is an American company and with high enough tariffs they will be able to keep the Chinese out of the market. That means the US can buy overly expensive low quality EVs along combustion engine cars, while the rest of the world goes to high end EVs.

Also keep in mind that Europe there are a lot more car companies selling EVs then just BYD and Tesla in Europe.

Germany elected a more left leaning government and they actually did pass some good climate legislation. That was aided by Putin cutting of fossil fuels to Germany as well, but the protests and public mood were certainly on the site of climate action. However the protests were having problems of bringing the same numbers on the street as before covid and the fossil fuel industry spend on a lot on busting the protests.

Then the far right really gained strength in Germany and that became the much more pressing issue, rather then climate change.

He is probably too old already.

Who needs voters, when you do not have elections?

Netherlands has 35.1% BEV

The direct route would be through NRW, but the one this train takes is going further south via Erfurt-Frankfurt-Strasbourg. Strasbourg has a proper hsr on the French site, which helps a lot. It technically would be faster to go via Cologne and Brussels, but that would cause a lot of problems.

For the current route the big missing section is between Mannheim-Frankfurt-Erfurt. There are plans for it, which are being pushed right now.

It is not just tariffs, but also the Saudis pushing oil prices down. They have the lowest production price, so lowering the global oil prices gives them market share. US oil production is the one to loose. However the EU is going with sanctions against Russia, trying to force them to cut first. They much rather see the US keeping their current level of oil production.

We will see, but low oil prices are good news. It means less money for lobbying. So the cheaper green alternatives gain market share.