FMG 0.84% $27.01 fortescue ltd

POWER!!!! Fortescue Future Industries, page-2391

  1. 2,926 Posts.
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    I agree we need to do both.

    Saul is just an idiot campaining against tackling emissions that aren't covered by the book he sells and the consulting company he's running.

    household electricity is only 11.7%!!! (Back 7 years ago)
    probably less now more people have solar.


    Sure EVs are great, but charging all those EVs overnight will put a lot of strain on the grid batteries, or people will need 3-4 powerwalls at $19k each. Going off grid now , as he is dreaming, is not feasible for most people. A $20 grand solar system, $80k of battery backup, and two electric cars at +$65k each... Just out of reach for your average Australian.

    hydrogen is an obvious solution for so many other sectors, he's an idiot to dismiss it.

    other battery technologies will come along , especially fixed, but for trucks, cars etc it's not looking good as sodium ion weighs 3(?) Times more than lithium ion, reducing their already pathetic range.

    https://hotcopper.com.au/data/attachments/5206/5206037-556c2d4e72b373d782bfb6abd2ebe9c1.jpg

 
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