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Joined 2 years ago
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Cake day: July 11th, 2023

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  • I meant relatively simple in the sense that it shouldn’t require a full re-write of existing laws - just an addition to, knowing full well that enforcement would be the biggest challenge.

    Hefty fines (over and above the value of the assets used as collateral) on the lenders if caught not reporting could help ensure compliance.

    Another way to tackle it might also be to treat the end of every financial year as a Capital Gains Event for assets over a certain threshold? That way, it just becomes part of people’s annual tax returns and taking out loans wouldn’t necessarily help avoid it.

    eg. If FY26 saw Elon Musk’s wealth increase by $10bn, he would owe ~$2bn in Capital Gains to the IRS.

    Also, to head off possible arguments: Given that the US taxes its citizens even if they live/work abroad - there would also be negligible risk of capital flight.





  • Not intentionally being misleading, as I do have a footnote calling out not including carbon emissions from electricity generation as they vary so wildly based on the energy source.

    But unlike ICE cars, EV emissions from energy sources are improving over time as nations build more and more renewable energy sources. Your linked report is correct, but potentially out of date already - the UK for instance was already at 58% in 2024, with a goal of full of 95%+ by the end of this decade.

    Here in Australia, our uptake of residential solar has been so high that our energy providers are offering free electricity during peak daylight hours to all customers to help use up all of that excess production. It’s quite feasible for a significant portion of us here to be able to not only recharge an EV for free, but with next-to-no CO2 emissions.

    Additionally, we now have a big Government subsidy in place to install batteries in our homes as well: ~£4,000 for a ~30kWh system, fully installed!

    I share your love for older cars, but with a toddler and another one planned - we need to have a modern, safe car for peace of mind. But believe me, I will be ensuring that I disable as much telemetry as possible due to privacy concerns.

    But for a secondary/weekend car - there is always the option of electrifying an older car, allowing for the best of both worlds - in a sense!



  • Rough math involved: production of a new EV results in between 8-15 tonnes of CO2 emissions, depending on the size of the batteries and vehicle trim.

    But let’s aim for somewhere in the middle and take ~12 tonnes as a yardstick.

    ~12 tonnes of CO2 emissions equates to roughly 1,350 gallons of fuel.

    Depending of fuel efficiency, this would equate to between 20k~45k miles.

    Feel free to double-check my math in case I did anything wrong, but it does validate that most of these „facts” around EVs are likely FUD spread by fossil fuel aligned sources.

    ETA: initially forgot to include CO2 emissions from electricity generation - but this varies wildly based on source (nuclear, hydro & renewables at 0 etc.)