Dear Ladies and Gentlemen,
The German car manufacturers are still telling the faerie tale from the environmental-friendly combustion engine and talking about the clean diesel engine. In that context one can read abstruse computations to outline electric vehicles as bad for the climate, especially regarding the production of the batteries.
Hereby they ignore the fact, that the production of a combustion engine, which has partially more than 1,000 parts of aluminium and other metals, needs significantly more raw materials, than an electric engine with 99% less parts. The production of a car with combustion engine has a carbon footprint between around 4 and 7.5 tons.
The easiest way is to compare two equal cars, the Smart for example. The production of that car with combustion engine emits 4.3 tons of carbon dioxide, the production of the electric Smart has an output of 5.2 tons (Source: life cycle assessment, Prof. Dr. Eckhard Helmes, Prof. Dr. Oliver Turk and others).
The model with combustion engine and a mileage of 100,000 Kilometre has a carbon footprint of around 20 tons, the green-electricity powered Smart emits in the same time 6 tons, which is 70% less. Of course, the source of power is very important, but also with the average of the German power mix, the electric Smart would have a carbon footprint of 14 tons, what is almost 30% less than the combustion car.
The significant global increase of electric cars – especially in Asia and America – needs more of lithium. That´s, why Bolivia invests millions in the production of the “white Gold”. Bolivia intents to produce a yearly output of 30,000 tons of lithium carbonate, which costs currently 13,000 USD per ton. At the moment, the world market leader in lithium, Chile, has reserves of 7.5 million tons. Bolivia has estimated 9 million tons in reserve. That will ensure the production of batteries for electric vehicles for many years and lead to a significant emission reduced transport sector.
A minimum quote, as German chancellor candidate Martin Schulz claims, is the wrong signal. Subsidies, which are well known by diesel fuel, are unrewarding and belongs to antiquated concepts. It´s much more reasonable to cut the diesel subsidies and use that money to invest into the charging infrastructure, because the electric vehicles are getting better and cheaper and own enough advantages to convince the market.
The European market of carbon emissions was pillowed by the still reduced auction volume and the higher percentage demand. That has led to a moderate increase of four Cent to 5.34 Euro per ton.
|(Average Quotes Exchange / OTC)|
|EUA (Spotmarket)||5.38 EUR||5.34 EUR||+0.04 EUR|
|EUA (December-2017-Future)||5.39 EUR||5.35 EUR||+0.04 EUR|
|CER (Spotmarket)||0.21 EUR||0.21 EUR||+0.00 EUR|
|ICE Brent Crude Oil (Benchmark Future)||52.03 USD||52.38 USD||-0.35 USD|
|EURO (Currency, Forex)||1.1772 USD||1.1774 USD||-0.0002 USD|
(The average exchange quotes and OTC-prices shows the average between bids and ask of several exchanges and OTC markets for carbon emission rights in the ETS. Bid and ask have usually in Spot Market a visible spread. CER CP1 and ERU are eligible in ETS until end of March 2015 and must be swapped into EUA. Crude Oil and Euro Currency shows day-end-exchange quotes. These market information has just an informational character and are no advice or offer to trade carbon emission rights or their futures and options. If you want to unsubscribe, please reply to this mail.)
Please call our international carbon desk if any further questions exist: +49.2831.1348220 or +44.20.79790283.
With kind regards,
Advantag Services GmbH