Honda Aims To Go All-Electric By 2040 - GoHaynesvilleShale.com2024-03-29T06:49:17Zhttps://gohaynesvilleshale.com/forum/topics/honda-aims-to-go-all-electric-by-2040?commentId=2117179%3AComment%3A3980917&x=1&feed=yes&xn_auth=noIt is bullish for electricity…tag:gohaynesvilleshale.com,2021-04-24:2117179:Comment:39809172021-04-24T00:12:39.483ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>It is bullish for electricity demand. Natural gas will certainly have a place in the generation mix. The question in my mind is, in future years when EVs increase that demand, what will be the preferred means of generation. If we got rid of all the coal fired plants today, natural gas would be the major beneficiary. Will that be the case ten years from now? Tough call. I think we will have a better idea over the next two years when federal regulations, investments, incentives and tax…</p>
<p>It is bullish for electricity demand. Natural gas will certainly have a place in the generation mix. The question in my mind is, in future years when EVs increase that demand, what will be the preferred means of generation. If we got rid of all the coal fired plants today, natural gas would be the major beneficiary. Will that be the case ten years from now? Tough call. I think we will have a better idea over the next two years when federal regulations, investments, incentives and tax policy are in place. Each year solar and wind gets cheaper and EV batteries more efficient and likewise cheaper. When the price of a EV with good range and the performance advantages inherent with electric propulsion reach cost parity with similarly equipped ICE vehicles, the transition should accelerate rapidly. That happens sometime this decade. If we want natural gas to be a major player in the mix, we need companies and states to get busy cleaning up the infrastructure/supply chain and doing the same for major end users such as LNG and the chemical industry. From what I read currently, those natural gas associated industries from upstream to midstream to downstream are finally realizing that their continued existence and profitable life is dependent on taking climate change seriously. The majority of Americans are now on board as are many major financial institutions. The natural gas industry has a lot of catching up to do. I hope it moves decisively now to carve out a place in a greener economic future. Louisiana certainly has a lot at stake as state oil production is in steep decline and in ten years all we will have left is natural gas. If we lose that we lose so much more. The state needs to get busy diversifying its economy. That doesn't appear to be a priority for the majority of our elected officials at this time.</p>
<p></p> Doesn’t all this talk about c…tag:gohaynesvilleshale.com,2021-04-23:2117179:Comment:39809912021-04-23T23:37:37.731ZAndy Franklinhttps://gohaynesvilleshale.com/profile/AndyFranklin
<p>Doesn’t all this talk about companies turning to EVs make for a bullish case for natural gas?</p>
<p>Doesn’t all this talk about companies turning to EVs make for a bullish case for natural gas?</p>