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Comment by eis | Hacker News Reader

In Germany charges, taxes etc on electricity are more than 50% already.

It can't be long before people realise that EVs will be more expensive to both purchase, and to fill with "fuel".

As such, EVs are very successful. They part people with large sums of money to keep economies moving, and limit how far they can travel, reducing CO2 emissions in the process.

In a way, they are like Rai Stones - expensive, immobile tokens of wealth.

In contrast to fossil fuels, Europe can ramp up electricity generation fairly easily as there is plenty of untapped potential left. That would reduce prices though renewables are already cheaper than fossil fuels. But even if renewables are not cheaper than oil and gas, the gained sovereignty is worth it alone. That much the war in Ukraine has shown very clearly.

>Europe can ramp up electricity generation fairly easily as there is plenty of untapped potential left.

Really? I look forward to heating my home with electricity this winter. All of those headlines of European countries facing blackouts, and record-high electricity prices, must be misinformation.

The energy crisis in Europe is very real. But the problem is the fossil fuels that have been cut off because of Russia. If the supply from Russia were not cut or if the EU had increased production from renewables faster in the past decade then this situation wouldn't have arisen. There is ample wind, solar and hydro energy potential left. We've accessed a small fraction of it.

Now Europe has been shaken and will hopefully learn the lesson and become completely independent in terms of energy in the next decade or two.

>become completely independent in terms of energy in the next decade or two

By buying a load more solar panels from China? :D

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