and emissions: Automobiles produce an
estimated 25% of the world’s pollution emissions and with 65% of the world’s
electricity produced by fossil fuels, replacing one problem with another is not the solution.
Congestion: With 1 billion automobiles one the road
around the world, it is estimated that commuters spend as much as 8 days (200
hours) a year in congestion. Changing to
1 billion electric automobiles will do nothing to ease this problem, and that's without considering future population growth.
Expense: With the cost of a car, maintenance,
insurance, and fuel, it is estimated that it costs $500-$2000 per month to own a
car. This, for an asset that sits parked
over 90% of the time. Switching to
electric cars reduces these costs marginally since you still have the cost of electricity, depreciation, insurance, and the parking problem still remains.
Efficiency: It is estimated that over 75% cars on the
road have only one occupant. Pushing a 3000-pound
vehicle down the road with only one occupant is an extremely inefficient use of
capital, energy and infrastructure, whether it is gas or electric powered.
construction and maintenance: The cost
of building and maintaining bridges, roads and freeways have traditionally
fallen on systemically inefficient and cash strapped governments. This cost remains the same when you switch to
costs: Drilling, fracking and oil spills
have a huge environmental cost, especially to oceans, surface and ground
depletion: With the world consuming
about 100 million barrels of oil per day, it is rapidly depleting a finite
source of energy that once it runs out, can never be replaced.