Not even considering the fossil fuel subsidies and externalities costs, if one did a apples to apple comparison to electric and wanted to give gas as much of an advantage as electric has over gas one would have to reduce the cost of gas to about 2.5 cents per gallon and even that would be temporary as electric would soon permanently undercut that rate on its way to an amount too cheap to meter. 8 Minute Energy in California is at 1.1 cents a kwh for utility scale battery backed solar and one can do better than that at home with their own panels and batteries. The fossil fuel industry would need a 70x revenue reduction and more than that in resultant stock price reduction to become even temporarily competitive. The EV advantage is already 7x greater than the 10x reduction that marks the creative destruction threshold. 911 was a fossil fuel bail out, like the embargo before it and like so many useless wars. And it failed because fossil fuels have horrid scarcity inducing ultra low economic efficiency which derives from the inherently permanently ultra low themodynamic efficiency of the entire fossil fuel logistical stack which in turn amounts to ever increasing societal resources for ever diminishing returns. 2008 was a fossil fuel bail out disguised as a bank bailout. Now we have 911 part 2 where attention on a virus will distract from another predictable fossil fuel melt down just as with 911 before and be used to detract attention from progressives in a primary because the tyrants don't want people sleeping on progressive ideas as those ideas would be apt to sink in. If you wonder about weird things like a helicopter flying in fog into a mountain and the switching the news cycle consider that soldiers used to get shell shocked until they figured out that the key was having soldiers debrief or tell their story before going to sleep to prevent burn in and PTSD. Same thing here. They can't have people sleeping on any story that is detrimental (true) which reaches the top of Google Trends list for a day. They have to clear it out. After all, the Trump regime which just like the W. regime itself is nothing but another fossil fuel bail out effort. Imagine putting the Exxon CEO in as secretary of state. That is pure criminality. Remember how the W. regime started, W. got selected by the Supreme Court after losing the election. Trump got selected by the EC after losing the popular election in order to bail out fossil fuel corruption. Notice Trump in recent days trying to bail out natural gas with 1.5 trillion of our money? When Trump was coming in Deutche Bank was going bankrupt over toxic gas, and so were a bunch of Mid West US banks. Deutsche was on the only bank that would lend to Trump. Trump just tried to give them another 1.5 trillion of our money. Sound familiar? At the dinner where Lev Parnas left on and recorded the evening Trump was surrounded almost exclusively by natural gas con men. Biden is caught up in toxic natural gas through Burisma. Trump knows this and knows how the public feels about this hence to good cop bad cop us it was essential to tie Biden to NG. HIllary was caught up in toxic natural gas through Haliburton spreading it all over the world. The 3rd Reich burnt down the Reischtag, symbol of German power. This new group according to Judy Wood used directed energy weapons on the Trade Centers symbols of US power which indicated they were just like the 3rd Reich or a continuation of it, using the same approach. It also indicated they had the tech (directed energy or scalar tech solves the energy issue) necessary to free the world from fossil fuel slavery but only used the stunt to try to increase fossil fuel based enslavement by invading Iraq. Former Canadian Minister of Defense Paul Hellyer advanced the thesis that through the BIS and Operation Paperclip the 3rd Reich advanced a 4th Reich with a financial basis. Ron Paul and others did apparently get a first Fed audit- credit to them and credit to the GOP-ers who helped. And what was found? Apparently the private Fed gave 16 trillion of our money, (which we idiotically have to pay interest to private banks on- when it is our money way way worse than a negative interest rate) to its bank cronies around the world where these banks were just holding companies or shell companies based on their derivatives for the fossil fuel austerity engine and where the terms were 0% interest and no requirement to pay it back. How does obsolete fossil fuel energy at 4% of the global economy blow up into 100x that in derivative bs? Yesterday was the worst trading day since 1987, 6th worst on record where trading was halted to stop the free fall and this came less than a week after a similar fall and halting of trading- never happed before, but worse inter bank liquidity froze as in 08 but then even T-bill liquidity froze which has never happened. And this happened and we heard about it despite them trying to rig it with Dodd Frank so they wouldn't have to ask or make fuse about ripping us off. They simply hard wired the circuit by taking out the fuse so we'd get a real fire instead of a signal. Fossil fuels cannot be bailed out because the world doesn't need it anymore. We are coming off fossil fuels no matter what because even their hyper subsidies can't hide the theft and continued economic non viability. But it's also because a radically superior replacement has arrived. A few years ago China put up a solar plant in Tibet very quickly that produced enough energy where about 25 of them would replace all forms of energy used by China- and that energy is radically cheaper and more reliable than fossil fuels and much safer from a national defense perspective- its a massive hardner against disaster. This virus to hide the implosion of fossil fuels is coming after the Australia fires. Notice what the Tesla battery project and associated wind and solar did in Australia. Notice Tesla is 8 years now as highest customer satisfaction? Notice Tesla's recent share spike notice the options anticipating an even higher spike now? Nothing can change the channel on fossi l fuel profits being over forever now. The assets are so stranded and so backwards now nothing will continue the thieving. Carter after the embargo put a permanent moratorium of fossil fuel profits (only had to block the subsidies to do that) which lasted for about 8 years. But there is no recovering from this for the people foolish enough to still have money in fossil fuels. For the rest of us it is freedom. The equivalent business analogy would be this. Imagine a choice between a new cell phone that works better than any other on the market and imagine that it only costs $25 and also imagine that it has rock solid reliability but works without a monthly service fee or bill of any kind. And compare that to a rent seeker provider where they charge $1000 for the phone with a monthly service bill of $100-$150 and where the bill goes up every year and where the service is regularly interrupted and subject to disconnection and they are always hassling you for more money. Steve Jobs should have lived longer but one of the ways he got the deal he wanted from AT&T is by threating to pull the plug on their new long distance scam by saying he could make phones that would talk directly each other and cut them out of the loop. Skype achieved something similar so obvious precedent. We still must do that- we don't even need them as dumb pipes. But in the case of fossil fuels countries like China have done that. None of us need this stuff that is just designed to oppress and exploit and rent seek all the time, energy and will power out of almost everyone's lives. We haven't needed this crap since the 1950s, but is over now by the most pedestrian way possible but the slowness of the end only made it that much more solid. Fake fossil fuel 'profit' can't even hide as theft anymore.
