Mar 20 2012: Most baseload electricty today comes from coal so today electric cars are coal cars. Further in the future alot of electricity will be generated by nat gas turbines - if you burn nat gas to generate electrcity then send it down a power line, you will have ~30% line losses. If you burn nat gas in your vehcile, you don't have line losses - nat gas doesn't escape from a pipeline.
Mar 20 2012: Because in the USA it is cheaper. In other places where there is limted to nat gas wind, solar, geothermal might compete. Wind's cost curves were close in the USA when nag gas was $10-14 pmmbtu range, but shale plays made wind uneconomic.
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A reply on Conversation: Live Q&A with T. Boone Pickens: Let's transform energy -- with natural gas.
A reply on Conversation: Live Q&A with T. Boone Pickens: Let's transform energy -- with natural gas.
A reply on Conversation: Live Q&A with T. Boone Pickens: Let's transform energy -- with natural gas.
A reply on Conversation: Live Q&A with T. Boone Pickens: Let's transform energy -- with natural gas.
A reply on Conversation: Live Q&A with T. Boone Pickens: Let's transform energy -- with natural gas.
A reply on Conversation: Live Q&A with T. Boone Pickens: Let's transform energy -- with natural gas.