France banning all fossil fueled cars in a decade

Cliffy

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Nov 19, 2008
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mentalfloss

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Jun 28, 2010
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The China Association of Automobile Manufacturers said this week that companies likely will sell 700,000 electric cars in China in 2017. That’s an estimate based on the latest monthly sales figures for September, which hit 77,000, and brought the year’s total EVs sold in China to 398,000 so far. The last three months of the year historically have the best sales of electric cars in the country.

Compare the annual sales figure to the around 500,000 electric cars sold in China last year, according to CAAM, and that’s substantial growth. Other groups, like the International Energy Agency, put the number of electric cars sold in China last year a bit lower.

While China has spent billions of dollars on subsidies to promote electric cars, this year the country has reduced its subsidies for the vehicles by 20%, and hopes to eliminate the subsidies entirely within a decade. Big incentives have led to major growth, but also some accusations of cheating on green government programs.

https://www.greentechmedia.com/articles/read/electric-cars-in-china-are-on-track-for-a-record-year
 

Hoid

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Oct 15, 2017
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What does France have for oil deposits?

A ranking of 72 out of 92.

We are number 3.

This is only when you factor in mining. Canadian oil reserves are low class. Great when oil is $100 a bbl - not so great at $50.
 

Twin_Moose

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Apr 17, 2017
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This is only when you factor in mining. Canadian oil reserves are low class. Great when oil is $100 a bbl - not so great at $50.

What's the difference in $ amounts when you are talking reserves of Oil? Our Oil reserve is higher when it's $100/barrel? and our reserves are cut in 1/2 @ $50/barrel? :)
 

captain morgan

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Mar 28, 2009
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A Mouse Once Bit My Sister
What's the difference in $ amounts when you are talking reserves of Oil? Our Oil reserve is higher when it's $100/barrel? and our reserves are cut in 1/2 @ $50/barrel? :)

The oil reserves are (theoretically) a fixed number... The value of those reserves are impacted by the commodity price.

Considering that the West has literally a couple hundred years of oil (that we know of) remaining, you would need a crystal ball to determine that accurate valuation

Wisconsin Conservation Society for Badgers?

Bingo, although some eclectic folks might use that acronym for Western Canadian Sedimentary Basin